Nowadays, Instagram is not just a photo-sharing app. With more than 1billion active users in a month, Instagram has the main role in digital marketing. According to a study, 60% of Instagram users use this platform to discover new products, 80% of them follow at least one brand, and 200 million accounts check a business profile every day. So if you want to start a business and make money from Instagram, you have chosen the right platform. In this article, we’ll show you how to turn your Instagram followers into money.
If you are looking for a solution to grow your business on Instagram and earn money, don’t miss AiSchedul.
How To Make Money On Instagram?
There are different ways to make money on Instagram depending on the service you are offering. But, here are the most common ways to turn your Instagram followers into money:
- Sell your photography
- Sell your own products
- Become an affiliate and sell the products that belong to other brands
- Work as an influencer and post sponsored content
Work with brands on sponsored posts
Influencers are Instagram users who have established credibility and an audience. According to a study, 76% of Instagram users buy a product after an influencer advertises that and there are more than 500,000 active influencers on Instagram now. That’s why many brands partner with influencers to reach their audience. The thing that is important for brands to work with you is not just the size and reach of your page, it’s your followers’ trust and engagement with your posts.
Keep in mind that you cant become an influencer overnight. It needs lots of time and attention. It might take months, but once you become one, it definitely worths it.
One of the best platforms that help you grow your Instagram page and audience to become an influencer is AiSchedul. AiSchedul is an Instagram management platform with many features including:
- Story and post scheduler
- Reposting feature
- Designing Bio-link landing page
- Post and reward feature
By using these features, you can manage your account professionally and get more real followers.
Read more:
Sell your own products
Since people use Instagram to discover and buy products, you have a huge chance to increase your customers from this platform. No matter what product you are selling, you will find potential customers on Instagram for sure. We have a complete article about starting your shop on Instagram and tips to find customers. So, if you are ready to start your business on Instagram, read our article about 8 Ways to Grow Your Small Business with Instagram.
Become an affiliate
Affiliate marketing is a system that lets influencers promotes a brand product and earn money from the clicks or sales they generate. Usually, influencers use a trackable and unique link to the affiliate network. These links could be added to Instagram posts, Stories, IGTV descriptions, or Instagram bio. Or, this could appear in the form of unique discount codes. As you may know, the only place that you can share a clickable link is on Instagram bio and you can’t share more than one link. For the influencers that are working with different brands, this is a big problem. That’s why AiSchedul came with a solution named Bio-link.
Bio-link is a landing page filled with all your link. You share your landing page’s link on your Instagram bio. When your followers click on the link, they’ll be redirected to where all your links are located.
Read more: How to share a link in Instagram bio?
Depending on the number of your followers and your account engagement, you can earn more than a thousand dollars per post. For example, Kylie Jenner is paid around 1.2 million $ for each post she shares on Instagram.
As we said only your follower’s number is not important, your engagement is the thing that shows how potential your audience is. But, as a simple look here is the average incomes for accounts with the different number of followers:
- Less than 2,000 followers: $50 per post
- 2000-10,000 followers: $75-$100 per post
- 10,000-100,000 followers: $100-$500 per post
- 100,000-1,000,000 followers: $500-$1000 per post
- More than 1 million followers: over $1000 per post
With Instagram’s new ” paid partnership” feature, you can easily tag the brand you are working with in your posts and stories. Or, you can use the hashtag: #ad under your posts.
Conclusion
With Instagram becoming so popular and having an active and engaging audience, it’s the best platform for earning money. In this article, we showed you some ways to turn your Instagram followers into money. We also introduced you to the best platform for starting and growing your business on Instagram, AiGrow. So, if you are ready to earn money from Instagram, sign up on AiGrow for free by tapping the button below.
