So primarily there are 2 types of Instagram users. One who spends their time scrolling down Insta feeds and liking posts all day. And second who makes money from Instagram.
Money From Instagram? Yes, You read it right, you can actually make a good amount of earnings using your Instagram account.
In the past few years, Instagram has become one of the largest social platforms in the world. Not only the largest social media platform but also the largest online money-making platform.
Given are some stats which show why Instagram can be the next big thing in the business industry.
- Instagram has over 1 billion monthly users majority of which is a young audience
- India is 2nd on the list amongst Instagram user with over 100 million users
- It has become one of the major platforms for social media influencers.
Que 1. How Many Followers Do You Really Need To Make Money On Instagram?
Well, it depends on person to person, some people can make money from 10k followers while some aren’t able to make a penny even from 1 million followers.
Besides followers, there are so many factors that play a role in making money from Instagram like Engagement of your audience, loyalty, reach, and so on.
So followers do matters but what matters the most is the nature of your audience. A highly engaging audience is always beneficial to the influencers.
Que 2. How Much Money Can You Actually Make From Instagram?
Again the answer is, it all depends on you, you can make millions if you have a good amount of loyal following. There are no set boundaries for your earnings.
Usually, the more following you have the more chances are there to earn big. Companies or Brands often see the following of social media influencers before approaching them for deals.
Below is the list of some highly paid Instagram Celebrities
|Celebrities||Earnings Per Post|
|1. Dwayne Johnson||$1.015 million per post|
|2. Kylie Jenner||$1 million per post|
|3. Cristiano Ronaldo||$889000 per post|
|4. Kim Kardashian||$850000 per post|
|5. Virat Kohli||$180000 per post|
Now the most probable question you have in your mind is, so what? They are big celebrities, they have advantages. Remember they all started from Zero Followers.
Now without wasting your much time, let’s see the 6 ways you can make money, a good and handsome amount of money from Instagram.
6 WAYS TO MAKE MONEY FROM INSTAGRAM
1. Sponsored Posts
The first way of earning money from Instagram is through sponsored posts. Sponsored posts are the posts where we sponsored (advertise) any products on our profile and in return, we get paid by the brands.
Certain companies or brands approach influencers to post a sponsored post where they talk about the product of the respected company. And in return, the company is agreed to pay a handsome amount of money to you.
2. Brand Deals
Let’s be real, you are a celebrity now, you have a following, people follow you. They wanted to know you more closely, they try to enact you.
Now that’s what brands search for. Brands are ready to pay a handsome amount of money for their ambassadors in returns of the publicity of their product.
And trust me, sometimes it can be huge and when I say huge, it means huge.
3. Earn Through Affiliate Marketing
Another well known and popular method of earnings for Instagram influencers is through affiliate marketing.
All you have to do is to provide a link of the product to your product and whenever anyone buys that product from your link, you will get commissions.
The bigger the audience you have better it will for you to make money through affiliate marketing. It is also a great source of passive income.
4. Sell Your Own Physical Product
Instagram is not only a social media platform. But it is also among the best online business platform where you can make money online.
Once you have a large audience you can sell your own product on Instagram Business. All you have to do is create a business account on Instagram, and follow some simple steps and you are good to go.
With a larger audience from all over the world, your product has much bigger opportunities and reach. From clothing to tech, from plants to furniture. You can sell anything on Instagram.
5. Use Instagram To Grow Your Blog/ Youtube Channel
It’s a win-win situation for you. You can also promote your blogs, websites, or your youtube videos for better reach and higher audience engagement.
Instagram is an excellent platform to promote your blogs or videos. With higher engagement and audience on blogs/youtube, you can also make money from them through AdSense.
6. Sell Your Online Courses On Instagram
Last but surely not least. As Instagram is booming to the new heights, with such a high audience you can sell your online courses on Instagram.
Be it consultancy, personal growth, personal finance, fashion, and grooming, cooking tips, yoga, workout tips and etc, you can sell any useful online course on Instagram and make money.