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How to get rich by making money on Instagram

Updated on October 24, 2017
sonallpandey profile image

Freelance Writer and blogger "This is no art, we all can taste life as it is, once we stop judging and start accepting."

Marketing and promotion are important for any business to grow. Brands today spend most of their project budget on marketing including social media marketing. This trend has increased new opportunities for people who are looking to generate extra income from their social media profile. Instagram is a true miracle in this field. In last two years, Instagram has touched a mark of 700million users and its growth chart is only looking up since mid-2016. Instagram has proved to be an incomparable rival to other social media sites due to its large number of active users and high engagement rate.

Numerous brands target the Instagram users with a large number of active followers, for marketing purposes like generating sales and brand promotion campaigns.

How to use Instagram to turn it into a money machine –

If you want to monetize your Instagram profile, learn to attract more followers as well as sponsors. Brands are interested in profiles with a large number of influencers. Also, they like to work with a person with great marketing skills. To achieve these goals follow below steps to make an impression in the market:

• Post best quality pictures every day

• Share pictures that can attract more followers

It is still debatable that how many minimum followers are required to start earning money on Instagram, but there are brands which are even willing to reach out to users who have 500 active followers.

How to Make Money on Instagram –

If you want to know how to make Money on Instagram then you will need to master the art of persuasion and become an influencer. Following options are available to all who want to earn an extra income from their favorite social media app –

1. Affiliate Marketing

Just like in case of bloggers and YouTubers, Instagram users can also earn money from Affiliate Marketing. Affiliate Marketing is about promoting a product to get paid in return of a sale. You will have to post eye-catching images emphasizing the products you want to sell on your Instagram profile. Few examples of affiliate companies are Sharesale, Ebates, Stylinity and so on.

2. Find brands to work with to create sponsored posts

If you are a known influencer on Instagram, then chances are that brands will contact you directly. You can register yourself on various influencer marketplaces to increase your visibility such as Shoutcart, Fohr Card, Grapevine, Crowd Tap. Focus on your audience while posting sponsored posts. This way you will be able to maintain your trust with your followers.

3. Sell Your Photos

Your photos are your assets in the online world and like any asset, photos are worth something. You can sell your photos in exchange for money.

4. Promote Your Business

Instagram is a great platform to sell your own products and services. In a way, you will be promoting your brand instead of selling for other people.

5. Sell Your Instagram Account

Even if one day you decide to quit Instagram after creating a nice following, you can still make money. Websites like Fame Swap or Viral accounts help you to sell your Instagram account.

In the end, keep learning the new ways of turning your followers into clienteles. Instagram is for everyone from teacher to blogger, lawyers to artists, all can benefit from a little marketing know-how to earn from Instagram.

© 2017 Sonal

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