Instagram is the fastest growing social media channel with billions of active users. It started as a photo-sharing website in 2012 and now it has become one of the top social media platforms out there.
From the past several years, Instagram has evolved as a powerful marketing tool for brands, influencers, and businesses.
According to research, it is found that over 63% of the Instagram users check the app at least once a day and 42% open the app multiple times in a day.
Today every brand has a business account Instagram and 80% of the users follow at least one brand of their choice on Instagram.
So every brand has its potential customer are on Instagram.
According to Instagram Business, 60% of people use Instagram to discover new products and to know the latest trends in the market.
Instagram has grown tremendously from the past few years and no matter what people just love Instagram to share photos.
Today Instagram is not just a platform to share photos and videos, many Instagrammers are making millions from Instagram.
You have probably heard of Kylie Jenner, she was paid around 1.2 million for a single post according to Hopper Hq Repost.
Obviously not everyone is making that much amount of money. It totally depends on your popularity, engagement, and your follower base. But, yes, if you want to know how to make money from Instagram, you need a proper strategy, along with some business guidance.
So, in this article, I am going to share 7 proven strategies on how to make money online with Instagram in 2022. Also, these Instagram earning tricks will help you to understand Instagram algorithms and make money from it.
- How to Make Money on Instagram in 2022?
- How Much Money Can You Make on Instagram?
- Useful Instagram Statistics
- Frequently Asked Questions
- Final Words and Thoughts
How Many Followers Do You Need to Make a Decent Income on Instagram?
So, when we talk about making money from Instagram, the first question that might arise in your mind is how many followers you need to start making some decent amount of money with Instagram.
Frankly speaking, you can make good money with 1,000 followers and also with 1 million followers. Basically, it depends on some major factors like.
- Is your niche is profitable?
- Engagements with your followers on Instagram, 1000 loyal follower has more earning potentials than 10000 fake followers.
- The methods you are using to make money.
How to Make Money on Instagram in 2022?
You may be thinking to yourself:
- Can you make money on Instagram?
- How do people make money on Instagram?
Everyone wants to know how to earn money from Instagram and trust me there are people who are making thousands of dollars daily from Instagram. There is no robotic science in that. You just need to understand which is the best way for you according to your niche.
With the proper methods and tried-and-true strategies, anyone can profit from Instagram, whether they are an entrepreneur, an influencer, a major brand, or an affiliate marketer.
1. Publish Sponsored Posts
One of the fastest-growing fields is Influence Marketing.
Instagram has more than half a million active influencers on the platform. Approx 82% of customers want to get a recommendation from friends before making a purchase and 76% of customers trust.
Simply people want to take an opinion from the people who have a decent amount of followers and good in influencing people.
An Influencer is simply a person who builds an online reputation by sharing great engaging content online. Their audience trusts them and their knowledge is respected in the particular niche.
More and more brands are approaching influencers with good engagements to promote their products or services. If you are good enough in making strangers trust you, this strategy is just perfect for you.
The best Part about sponsored posts is that you don’t need to have too many followers like 100K or something. The engagement rate is important here. Big brands always look for that while choosing an influencer.
So how to get a sponsored post for your Instagram?
If you have a decent amount of followers and a killer engagement rate on your every post, Brands will automatically come searching for you. All you need to do is post quality content for your audience to keep them engaging. Mostly brands on Instagram prefer micro-influencer with an authentic connection with the audience and a decent engagement rate.
Even if you don’t have a good engagement rate but have a good amount of followers. You can directly contact brands in your niche to promote their products. There are Influencer Marketing platforms like AspireIQ, Upfluence, and Famebit where you can sign up as an influencer and brands will find you directly from there.
2. Promote Affiliate Links
One of the coolest ways to earn money on Instagram is affiliate marketing. To get started you will have to join affiliate programs so that you can start promoting affiliate products on Instagram.
One of the best parts about affiliate products is you don’t need to worry about creating your own products and fulfilling orders.
Whenever a customer buys a product or service form your affiliate links you get a commission from the company.
To start with you can join affiliate programs with Affiliate market places like ClickBank, JvZoo, DigiStore24, and Impact. Also, you can join the company’s affiliate programs by searching the company name with “affiliate” at the end.
Instagram doesn’t allow you to add links in the description of a post, So you can simply add affiliate links in your Instagram bio.
First, you can create a post about the product. Then you can simply tell your audience to check your bio in case they are interested to buy the product.
If you have more than 10,000 followers, You can create clickable Instagram stories to directly send your audience to affiliate products.
Another way to create a landing page between the customer and affiliate products. With the GetResponse Landing page, you can collect their emails in exchange for free products.
Later you can send an email and nurture them to buy your affiliate products. Email marketing is the best way to sell affiliate products. You can create landing pages with GetResponse, which is offering a 30 days free trial with this link.
Instagram followers pay close attending to the posts. So it is advisable to make it clear in the post description about the affiliate products. It helps to build trust between you and your audience.
3. Sell Digital & Physical Products on Instagram
The third strategy for making money through Instagram is creating and selling a digital or physical product. Instagram is a powerful sales machine, people use this network to discover new products.
There are a few ways to do it:
- You can start a print on demand service to print t-shirts, pillows, mugs, wall art, and more, then you can ship it to customers
- Sell digital products like courses, ebook, and design templates
- You can sell consulting services for your niche
Big brands use Instagram to increase sales of their online store by driving traffic directly to it. Shopify is a good option to sell digital products if you don’t have an eCommerce store.
You can also build an e-commerce store with a website builder and start driving traffic from Instagram.
The Instagram in-app checkout function allows you to purchase a product directly from the app. You can now create shoppable products directly in your posts after switching to a creator account.
4. Provide Social Media Marketing Services
Instagram has a great deal of potential for online product sales and for marketing your business to the right customers. Also, brands need experts to differentiate themselves from the competition as it grows.
With great content and strategies, you can master this social media platform in one of the niche and start your social media marketing agency.
Once you have a decent amount of followers and a great looking profile on Instagram. Brands and companies automatically start approaching you for their Instagram consulting, social media strategies, and training.
If your Instagram profile looks excellent and you have a respectable number of followers, brands and businesses start approaching you for consultation, social media strategy, and training and more.
5. Sell Your Photos and Visual Content Online
Instagram is a platform for sharing images. All of the custom made photos and images have licences and may be purchased in a variety of ways.
If you have a talent for photography or are an artist who can provide unique content for any market, users cherish and pay great attention.
It’s not enough for Brands to upload professional photos every time to stand in the market. So they usually get in touch with them and purchase them in exchange for payments.
The travel industry is the biggest opportunity for digital creators to sell their digital content. All sizes of companies invite real Instagram influencers to showcase their expertise while staying at a hotel in exchange for free stay or payment. Instagram Influencer just need to share a post with their audience about exploring the place and good stuff.
Publishing user-generated content give travel industries very good results.
6. Become a Brand Ambassador
If all goes well, sponsored postings are a terrific way to promote brand items. Most businesses aim to build lasting relationships with influencers. They can regularly advertise the business in this way and consistently get outstanding outcomes. Large companies send their products to influencers to review them and promote to their audiences.
Have you ever watched YouTube videos of smartphones being unboxed?
So, these large mobile companies provide them complimentary mobile devices, and YouTubers share and review them on their channels.
Everyone benefits from this. The YouTuber gets a free product to produce a fresh video, allowing companies to reach their desired audience.
If you have a loyal fan base on Instagram and a highly engaged community, brands are eager to sign a longterm relationship with you.
7. Find Freelance Clients in Instagram
Instagram is the best way to find a client for your business as it has a potential customer base for every niche. You can share your best work on Instagram with your audience and start reaching to new customers
It is a wonderful platform for networking specially fo you are in a creative field. Use relevant hashtags in your posts related to your niche to reach new customers every time. No matter what you do for a living, whether you are a designer, content writer, or a public speaker, you can utilize this platform to find clients.
When people decorate their Instagram with the best of their work, it becomes easier for clients to hire them. As they can be assured whether you are the right person to do the job or not. So it is important to build a decent follower base before you start getting clients for your services.
8. Start Dropshipping and Sell Products
Dropshipping is a business model where you can be the owner of an online e-commerce store without maintaining an inventory or buying the product. Once any customer makes any purchase form your store, the supplier directly ship the product at the customer doorstep.
No need to worry about storing, packaging, or shipping of the product.
You can easily set up an e-commerce store with Shopify and start promoting it on Instagram. You can also create an online store on WordPress.
How Much Money Can You Make on Instagram?
This totally depends on your reputation on Instagram, the number of followers, and your ability to engage with your followers.
If you have thousands of followers but not getting enough likes and comments on your posts, it will be difficult for you to make money for you. You can make money from even 1000 followers if your engagement rate is good.
Celebrities with blue tick verification can earn a lot of money from Instagram. Also, the highest-paid influencer can make $ 5000 to 1.2 million per post, depending upon your niche and the number of followers you have on your Instagram account.
The only best way to get more followers and improve your engagement rate is to create and share quality content. Provide value to your audience and maintain consistency in posting content.
Useful Instagram Statistics
- Instagram has over one billion active users
- Almost 500 million users are active on a daily basis
- There are 2 million Instagram advisors every month on Instagram
- User Time Spend on Instagram increases by 80% every year
- Instagram users by age:
- 18 to 29 years old: 59 percent
- 30 to 49 years old: 33 percent
- 50 to 64 years old: 18 percent
- 64+ years old: 8 percent
- Out of which 52 % are female and 48 % are male
- Monthly 100+ million users engage with shopping posts on Instagram
- Brands have more engagement rates on Instagram than Facebook
- The best time to post on Instagram is 2-3 PM CDT
- Post Containing videos have 38% more engagements than regular posts
Frequently Asked Questions
How much money do 10k Instagram followers make?
Again this totally depends on your engagement rate and profitability of your niche. An average post with 10k followers makes around $50 per post. You can start approaching local brands and offer them paid promotions.
How many followers do you need to get a verified blue tick?
There is a myth that you need 10k or 100k followers to get a blue tick on Instagram. But I have seen accounts with 1000 followers with verified tick and accounts with 300K followers and no blue tick at all.
So Instagram follows a strict policy for that if an account is well known and has popularity, you can easily get blue tick verification.
How do I get Instagram followers fast?
The only way to increase your Instagram followers is to share great and quality content with your audience. But along with great content, you need to follow some strategies to boost your Instagram growth.
- Plan your content based on your target audience
- Create a transparent and engaging bio
- Use relevant hashtags with every post
- Write an attractive description for every post
- Schedule your posts using social media tools
- Use your Brand color in Instagram
- Post Consistently to keep them engaging
- Boost post with good engagements
- Follow communities in your niche
- Stand out by producing video content
Can you make money on Instagram?
Yes, these all strategies I have shared above are proven and test. People have become a millionaire with these Instagram methods to make money online. So if you follow these steps and be consistent, you can definitely make money from the Instagram page.
How Instagram makes money?
According to Investopedia, Instagram’s major revenue source is its Advertising like Facebook.
With more than a billion active users on the Instagram platform with a high engagement rate, you can also make money on Instagram if you follow these strategies. Along with these strategies Instagram needs efforts and time to build an audience base.
The best way to build an Instagram followers base is to create quality and original content with your page audience.
Once to build a decent customer base on Instagram, start monetizing your Instagram in order to make money from Instagram.