Instagram makes money and lets you make money. It’s a two-way deal! But here’s the question: How many followers do you need to make money on Instagram? We see influencers making cash and businesses selling stuff. Still, confusion hangs around. Ready to dig deeper? Great! We are going to give you insights into followers and how to get paid on Instagram. Let’s jump in!
Can you make money on instagram?
Happily yes. Instagram is a platform where people, businesses, and influencers earn through various methods. These include sponsored posts, affiliate marketing, selling products, providing services, and more.
How Many Followers Do You Need To Make Money On Instagram? [2023]
Wondering “How many followers do I need to make money on Instagram”? Well, let’s get the answer from Business Insider. According to this website, many Instagram influencers could get paid with less than 10,000 followers.
In other words, even nano-influencers could earn money on Instagram. Nano-influencers are ordinary people on Instagram with 100 to 10,000 followers who just post typical content like their everyday lives. Influencers with more than 10,000 followers are called micro-influencers
Does Instagram pay you?
We’ve given you a basic idea of how to earn money on Instagram (we’ll delve deeper soon). Also, you’ve learned how many followers you need to make money on Instagram.
But here’s something to ponder: Does Instagram itself pay you, aside from the methods we’ve talked about? Good news: Yes!
Instagram offers a feature called the “Reels Play Bonus.” Through this, creators receive payment when their Reels gather a certain number of views within a set timeframe. So, if you’re curious about whether Instagram pays you directly, here’s the good news: yes, it does.
What decides how much you can earn on Instagram?
The money you can make on Instagram isn’t just about having lots of followers. There are many things that play a role in how much you can earn. Let’s take a look at all the factors:
- Niche: Some niches, such as fashion, beauty, and fitness, are more popular than others and therefore have a higher earning potential.
- Engagement: Engagement is another important factor to consider. Even if you have a large following, brands and businesses are less likely to partner with you if your engagement rate is down.
- Location: Influencers in major cities, such as New York or Los Angeles, may have more opportunities to partner with brands and businesses than those in smaller cities or rural areas.
- Type of partnership: Your partnership with a brand or business also affects how much you can earn on Instagram.
How to make money from Instagram [2023]
We sorted out a big question: How many followers do you need to make money on Instagram? But there’s still a key one left: How exactly can you make money on the platform? And here are the methods.
#1. Sponsored Posts
Sponsored posts (boosted posts) are among the most popular ways to earn money on Instagram. Brands pay influencers to create content featuring their products or services and promote it to their followers.
Take a look at this data from Statista. They report that the worldwide worth of influencer marketing hit 21.2 billion USD by the end of 2022.
It’s worth noting that the compensation for sponsored posts can vary widely depending on the influencer’s following, engagement rate, niche, and the type of brand they are working with. Guess you’re curious about becoming an influencer and earning money, huh?
Use Aigrow to create and schedule sponsored posts
Lots of businesses like to outsource their Instagram marketing to create great content for them. This content can then be used for sponsored posts. And this is where AiGrow steps in.
AiGrow is a full-edge Instagram marketing tool offering various features from Instagram growth service to PostMate.
How can AiGrow benefit you?
AiGrow creates high-quality and compelling posts for your account every week. From your feed design to scheduling the posts, a team of Instagram experts in AiGrow takes care of it all. So, you just kick back and watch the results!
Ready to give it a shot? Join AiGrow for free today!
In addition to content plans, our growth services save you from any bots and fake accounts and instead, bring you organic and real followers. This is all done manually and by a dedicated account manager.
How much do Instagram influencers make: The top ones
I’m quite curious about how much those big influencers pull in on Instagram per post. You too? Let’s check it out.
- Cristian Ronaldo: $2.40M
- Kylie Jenner: $1.840M
- Lionel Messi: $1.78M
- Selena Gomez: $1.74M
- Dwayne Johnson: $1.71M
- Kim Kardashian: $1.69M
- Ariana Grande: $1.69M
- Beyonce: $1.39M
- Khloe Kardashian: $1.32M
- Kendal Jenner: $1.29M
#2. Brand Partnerships
In addition to sponsored posts, influencers can also earn money through brand partnerships. These are long-term collaborations with brands where influencers promote their products or services on an ongoing basis.
Brand partnerships can be very lucrative and often involve creating content for the brand’s website, social media channels, or other marketing materials. Kanye and Adidas Yeezy campaign is a great example of co-branding.
#3. Affiliate Marketing
Affiliate marketing is another way to earn money on Instagram. This way, Influencers promote products or services through unique affiliate links and earn a commission on any sales made through those links.
Many brands (8 out of 10 brands) have their own affiliate programs, while others use affiliate networks like Amazon Associates or Commission Junction.
Airbnb, AWeber, and ConvertKit are other examples of affiliate marketing programs.
#4. Selling Products And Services
Influencers can also make money on Instagram by selling their own digital products or services. This can include anything from online courses and coaching programs to e-books and merchandise.
By leveraging their expertise and audience, influencers can create their own products and services and sell them to their followers.
Proof: 130 million Instagram users tap on shopping posts every month.
#5. Make money from your content
Fortunately, your content, whether images or Reels, can bring in earnings. How do you make money on Instagram through your content? Let’s learn how to make money from Instagram by post.
Instagram Reels Play Bonus
“Reels Play Bonus” is an invite-only program that is only available for U.S. creators (at least for now) with less than 1 million followers.
When invited by Instagram, you’ll see a pop-up and invite in your Instagram app’s Professional Dashboard-Yes, you must have a Professional or Creator account. If eligible, you’ll be notified in the app to set up bonus payouts. Keep in mind that:
- Creators with business or creator accounts can earn from Reels with at least 1,000 views in 30 days.
- Earnings per play may change based on Reel performance and could be higher at the start.
- Earnings might depend on the number of Reels created or themed reels for special occasions.
And of course, there are other ways to get paid for your Instagram Reels.
Note: Branded content, fake views, and deleted Reels can’t be paid.
Live badges
Instagram badges are a feature that lets you support creators during live videos. When you buy a badge, a heart icon pops up next to your name in the comments.
You can buy and send several badges during an Instagram live video. They’re at different prices:
- One heart – $.99
- Two hearts – $1.99
- Three hearts – $4.99
Teach workshops or courses
Another effective way to get money on IG is by sharing what you’re good at through online workshops or courses. Let’s say you’re a skilled photographer – you could create a course on Instagram photography. This lets you share what you know and also make some money while doing it.
Note: Did you know that the E-learning market value was around $240 billion USD in 2022 and it’ll grow to $325 billion by 2025?
Patreon or subscriptions
To monetize your Instagram posts, you can even offer exclusive content to subscribers through platforms like Patreon. Here’s how it works: You create a subscription plan where followers pay a monthly fee to access premium content.
This approach comes with a big advantage – it creates a tight-knit community of your biggest fans. They feel special, inspired, and more connected because they’re in on exclusive stuff.
Instagram Payment Methods
Now that you know how many followers do you need to make money on Instagram, let’s talk about the ways to receive the payment.
PayPal
PayPal is a popular payment method used by many brands and influencers on Instagram. It is a fast and secure way to transfer money, and it allows for easy tracking of payments and transactions. PayPal can be linked to your bank account or credit card for easy access to your funds.
Direct Deposit
Some brands and businesses may offer direct deposit as an influencer payment method. This involves providing your bank account information to the brand, which then transfers the payment directly to your account. Direct deposit is a convenient and secure payment method, but it may not be available for all brands or influencers.
Gift Cards
In some cases, brands may offer gift cards as payment for sponsored posts or other collaborations. These gift cards can be used to purchase products or services from the brand or sell or trade for cash.
Wire Transfer
Wire transfer is another payment method that some brands and businesses may offer. This involves transferring funds from one bank account to another, which can take several days for the payment to be processed. Wire transfer is a secure payment method, but it may not be the most convenient option for all influencers.
Check
Finally, some brands may offer payment by check. This involves mailing a physical check to the influencer, who then deposits it into their bank account. While some brands still use this payment method, it is becoming less common due to the rise of digital payment methods.
Does Instagram Pay You For Followers
No, Instagram does not pay you directly for followers. While having a large following on Instagram can increase your chances of monetizing your content, it is not a guarantee of payment.
Brands and businesses may work with influencers with a large following, but they will typically pay for sponsored posts or other collaborations on a case-by-case basis.
But how many followers on instagram do you need to make money? How much can you earn from your content?
How To Make Money On Instagram Without Followers?
While having a large following on Instagram can certainly help with monetization, it is still possible to make money on the platform even if you don’t have a huge number of followers. Here are some ways to make money on Instagram without relying solely on your follower count:
- Sponsored Posts
- Affiliate Marketing
- Virtual Services
- Product Sales
- Instagram Live
How Much Does Instagram Pay For 1,000 Views?
Instagram does not pay users directly for views on their posts. However, if you are part of the Instagram Partner Program, you may be able to earn money through ads on your content.
The amount of money you can earn through ads depends on various factors, including the number of impressions your content receives, your audience’s demographic, and your content’s engagement rate.
Instagram 100k Followers Income
Earning income on Instagram with 100k followers can vary greatly depending on several factors, such as your followers’ engagement level, your niche or industry, and the monetization methods you use.
However, influencers with this number of followers could make $1,000 to $5,000 per post.
How Much Does Instagram Pay For 10k Followers?
Instagram does not pay users directly for having a certain number of followers. However, having a following of 10k or more can make it easier for users to earn money through various monetization methods.
As mentioned in previous responses, some of the ways to monetize a large Instagram following include sponsored posts, brand partnerships, and affiliate marketing. The amount of money you can earn through these methods depends on various factors, such as your audience’s engagement level, your niche or industry, and the specific monetization method you use.
Now if you’re asking I have 10k Followers on Instagram How can I Make Money?, as I said above, Influencer marketing can be a great way for you make money on IG. On average, influencers with 10k followers can earn anywhere from $50 to $500 per sponsored post, depending on these factors. Additionally, creators with 10k followers may be able to earn income through brand partnerships and affiliate marketing, depending on their specific niche and audience.
Does Instagram Pay You For Views?
Instagram does not pay users directly for views on their posts or videos. However, having many views can make it easier for users to earn money through various monetization methods.
How Much Does Instagram Pay For 1 Million Views?
Instagram does not pay users directly for views on their posts or videos, regardless of how many views they receive. However, having many views can make it easier for users to earn money through various monetization methods, such as sponsored posts, brand partnerships, and affiliate marketing. We’ve already written a post about how much Instagram pays for 1 million views.
How much does Instagram pay for 1 million followers?
According to survey data from Hypeauditor, mega-influencers (influencers with more than 1 million followers) make around $15.336 per month. To find out more about Instagram paying for 1M followers, simply click the link.
How Many Followers Do You Need On Instagram To Get Verified?
If you’re wondering about how many followers on Instagram to get verified, we should say that Instagram has not set a specific number of followers.
Verification is a process by which Instagram confirms the authenticity of an account and adds a blue checkmark badge next to the username. The purpose of verification is to help users identify authentic accounts and avoid fake or impersonating accounts.
To be eligible for verification, your account must meet certain criteria set by Instagram. These criteria that you need to get a free blue tick on Instagram include:
- Authenticity: Your account must represent a real person, brand, or entity.
- Completeness: Your account must have a bio, profile photo, and at least one post.
- Public: Your account must be set to public.
- Uniqueness: Your account must be the unique presence of the person or business it represents.
- Notable: Your account must represent a well-known or highly searched-for person, brand, or entity.
Having a large following can certainly help you get noticed by Instagram, but it is not the only factor that is considered when verifying an account. You can submit a verification request through Instagram’s settings menu, and the company will review your request and decide whether or not to verify your account. Remember to avoid Instagram blue tick hacks!
Also Read: How Long Does It Take To Get Verified On Instagram?
FAQs
Here are some frequently asked questions related to the topic of “how many followers do you need to make money on Instagram”:
Q1. What’s The Minimum Number Of Followers You Need To Make Money On Instagram?
There’s no set minimum number, but most influencers start seeing earning potential around 10,000 followers. However, it’s important to focus on engagement and building a loyal following, not just the number of followers.
Q2. Do you get paid for 1,000 followers on Instagram?
Luckily, yes. You can potentially earn money with 1,000 followers on Instagram. We previously created a whole post on How Much Does Instagram Pay For 1k Followers.
But the short version is that many brands and businesses do collaborate with nano-influencers. So, it’s not just about numbers. Engagement and content quality also play crucial roles in attracting earning opportunities.
Q3. How Do You Monetize An Instagram Account?
There are several ways to monetize an Instagram account, including sponsored posts, affiliate marketing, selling products, and more. Finding a method that aligns with your brand and appeals to your followers is important.
Q4. Do You Need A Certain Type Of Account (Personal Or Business) To Make Money On Instagram?
No, you can make money on Instagram with either a personal or business account. However, having a business account may provide access to additional features that can help grow your following and increase your earning potential.
Q5. Can You Make Money On Instagram Without A Large Following?
Yes, having a large following can certainly help, but it’s not the only factor that determines your earning potential. Even accounts with a smaller following can make money through niche marketing and building a loyal, engaged audience.
Q6. How Much Money Can You Make On Instagram?
Earnings on Instagram can vary widely depending on factors such as niche, engagement rate, and audience size. Some influencers make a few hundred dollars per post, while others can earn tens of thousands of dollars per sponsored campaign.
Conclusion
In the end, Instagram can be a money-making path for dedicated creators who value quality content and audience engagement. While no fixed follower count guarantees earnings, most influencers start seeing potential around 10,000 followers.
This guide detailed “how many followers do you need to make money on Instagram. Remember, with the right effort, anyone can earn, no matter their follower count. So, keep it real, make great content, and connect with your audience to build loyalty and boost earnings.
