Social media is a new reality. It was created as solely a way of communication, but today it serves as an effective tool for earning money. Whether it is Facebook, Twitter, or Instagram, you can easily use this to earn a good income. In this piece today, we will be diving into detail about how to make money through Instagram.
Before you continue, make sure you have a good internet connection as your job is now entirely internet based. So, you would want something affordable such as Mediacom Internet Paquetes so why miss out on this?
*A fair disclaimer, is that you must have a credible following online to use these methods to best for making money. It is a work of patience and sometime before you can earn easy bucks using these strategies.
1. Open Up a Shop on Instagram
Ecommerce is booming and it is high time that you dip your toes in this venture as well. Selling on social media has become convenient and especially since Instagram now has business-friendly features. Customers can easily buy their favorite products directly via Instagram photos and videos.
2. Sell Your Pictures
Instagram is a photo app, you share everything in the form of pictures, so why not use it to the best of your needs? If you think that you have got what it takes to be an amazing photographer, and have the right skills for taking pictures then it is best to set up your pictures in places such as Twenty20, 500px, etc. Here, your pictures get licensed and publishers can pay you to use them.
You can use the same strategy for selling your pictures as printouts on other products, such as phone covers, posters, a mug, and whatnot!
3. Monetizing Your Content Easily
You can monetize your content in altered ways, such as:
- Monetize Using Ads: In-stream video advertising on Instagram is one way to monetize the platform. Brands can advertise themselves in the videos they make by using these ads. As per Instagram, how much you can earn via these videos depends on the ‘monetize-able plays’ that your post receives.
- Live Badges: Live badges are a more recent feature that helps Instagram influencers and creators monetize their accounts. With this feature, viewers can buy a badge during the live stream that will be shown in the comments and unlock privileges like access to a special heart and a spot on the artists’ badge list. Consequently, you too can design one for yourself.
4. Collaboration for Content Creation
Influencer Marketing has received quite prominence during the past few years. Since an influencer is essentially somebody who has developed a positive internet reputation through their actions and online sharing of amazing things that can help brands in making their place in the audience. Influencers are respected thought leaders whose perspectives on particular topics are valued by their audiences. They also set trends, hence the reason why brands need them.
Using this strategy, you can use your Instagram space as a platform to raise awareness regarding the brand you are working with, ultimately helping them make sales. We often read ‘#sponsoredpost’ written on someone’s post caption and this is what it is. You set a price for offering the brands your platform to reach out to the customers and make their marks.
Become an Affiliate
Just like influencer marketing, affiliate marketing is on the boom as well, however, there is a slight difference between both. As we mentioned above, influencer marketing is about creating awareness about the brand, whereas becoming an affiliate means you will have to make sure some sales come into the brand’s bank and you earn a commission over every sale completed.
You often come across ‘discount codes’ specifically associated with some influencers, these are the affiliates of a certain brand. It is not as simple as it shows. It requires you to work more naturally, and be convincing enough that your viewer becomes your affiliate’s customer.
With this, it’s a wrap! You can efficiently use Instagram now for making money. Bear in mind that it will take some time for you to build credibility, so this method of earning money will require patience.