New and emerging ways to make money on Instagram

Before talking about how to make money on Instagram, let’s look back on where it all started.

Here’s a brief history …

Over the past few years, social media has taken over our lives. And unknowingly, it has become a part of our daily lives. Being a mediator for content, entertainment, and lens for other people’s lives, Instagram is currently the fastest growing social media platform. In a short span of time, Instagram has gained more than a billion active users worldwide. Indeed it is a huge number. If loosely translated, Instagram is used by at least one person in every 7 people globally.

Instagram started as a simple photo-sharing app. But now, it is a powerful tool for businesses to promote themselves and reach their target audience. Do you know that Instagram has a huge audience that is still increasing? This gives entrepreneurs more potential customers for their business.

However, making money with Instagram is a continuous tough process even though it offers many opportunities to start making money. You might ask, “How can I make money on Instagram?” To answer your questions, there are many ways in which you can earn good money from Instagram.

But do you know? You can make money on Instagram by…

Instagram is more than a social media platform. It has now become a medium for making money, and people are earning quite a lot by just using Instagram. But still, the question remains. How to start earning money on Instagram? Well, here are a few ways by which you can start earning:

Here’s how you can start making money on Instagram

1. Promote through affiliate links

One of the easiest and the best ways to earn money on Instagram is through affiliate links. Join any high-paying program which is based on affiliate marketing or affiliate relationships. In this way, you can make a commission on every sale you generate. Affiliate networks like Clickbank, Impact, or Awin can help you start an affiliate program on your Instagram account. No matter the number of followers you have, all you need to do is paste the Affiliate link in your bio, generating money for you through commission. Also, using the affiliate links in your linkable posts and stories can improve your results. Though it is a slow start in affiliation marketing, when it starts raining, it pours. This is one of the best ways of earning money on Instagram, and many celebrities and artists use this way to earn money on Instagram.

Though it is a slow start in affiliation marketing, when it starts raining, it pours.

You can read more about affiliation marketing here.

2. Sell physical goods and digital products on Instagram

With the growing popularity and a huge user base, you can use Instagram as a marketplace for your business. With shops coming online, this can be very helpful for you to sell products on Instagram. According to Instagram Business, more than 60% of the total active users use Instagram to discover new products. This means there is more than 60% of Instagram’s active users as your potential clients. Delight a specific audience and give them what they need. Doing so can be a good way to start earning. Many online shops and retailers have joined this race of selling physical and digital products on Instagram.

Moreover, Instagram also allows you to create a complete digital shop on Instagram. All you need to do is post your products on Instagram and start your promotion to generate sales and revenue on Instagram. Instagram marketing, if done correctly, can get you huge profits. And Instagram’s advertisements can be a vital tool for you to generate more money from Instagram and gain more potential or actual customers.

Instagram marketing, if done correctly, can get you huge profits.

3. Publish sponsored posts

There are a lot of people who gained a huge influence on Instagram due to their followers. Being a powerful and large user base, Instagram allows their user to sponsor their posts with a particular target. So, how does this promotion of already sponsored posts work? Well, some people trust word-of-mouth. And word-of-mouth has more promotional value embedded in the process. So, what brands and other businesses do to reach their target audience is Instagram influencers.

If you want to be an influencer, all you need to have is good communication skills and many followers. So, you can work with the brands accordingly and charge them a commission for sponsoring their posts. This will create a win-win situation that will help the client get a better product, increase sales and money. However, this feature does not allow integration with Instagram. But Instagram isn’t stopping you from sponsoring the brand’s posts on personal terms. This way, you can many much more money than other sponsoring features.

4. Create visual content to increase sales

Instagram has a user base of more than a billion. And it is quite obvious that there will be hundreds of millions of photos and videos shared daily. Brands focusing on sales and business cannot completely provide a fully furbished photo or video for every post. People who are looking for generic content trust user-generated content before even thinking of buying or trying out a service. With customers influencing user-generated content, brands pay you for the photos and videos you create for them. So, creating a polished professional photo can be a good opportunity for you to see the visual content of those brands. The travel industry majorly depends on this type of marketing to generate sales can be a good way of earning more money in less time on Instagram.

People who are looking for generic content trust user-generated content before even thinking of buying or trying out a service.

5. Be an Instagram marketer

Instagram, still being a growing platform and having a huge user base, is a perfect place where small businesses can market their products. Since business people cannot completely focus on social media marketing, you can jump in and do that for them. All you need to do is create generic and authentic posts for them and handle their Instagram. This writing caption for these businesses can not only get you more money but will make you quite an expert in marketing on Instagram. With social media marketing, a trending career choice today is what will get you more money into your account by Instagram. Write captions, make posts and show them the growth on Instagram to generate revenue, and you will get more than you can think by Instagram marketing.

Are you now ready to make money on Instagram?

There are many other ways in which Instagram can help you in earning money. Things like making stories, masks, and filters on Instagram can be a good opportunity of making money from Instagram. Also, Instagram is trying to make the user experience of users on Instagram better. Adding more features and updating a few things can be very useful for making money on Instagram. There are also social media handlers making strategies for businesses to help them achieve their targets. However, this process requires a lot of research and proper planning, but it is undoubtedly one of the emerging careers and an interesting one. There are many ways by which you can earn from Instagram. And maybe you can even create your own method of earning. All you need to do is start understanding Instagram better.

If you want to know more about other ways to make money on Instagram, check this out.