How TO Earn Money On Instagram In 2019

How TO Earn Money On Instagram In 2019

Marketing on Instagram offers social media enthusiasts the opportunity to land a side job where they get paid to post pretty pictures and acquire free stuff.

Instagram “Influencers,” as the industry calls them, team up with businesses to promote products or brand campaigns on the photo-sharing platform. These promotions take the form of photos, hashtags and captions, and compensation depends on the brand, scope of the project and Influencer’s bargaining power.

How TO Earn Money On Instagram In 2019

How TO Earn Money On Instagram In 2019

While some brands pay between $5 to $10 per thousand followers, others offer $100 per 100 followers and still others pay only in free swag. The Instagram brand promotion business is a large one.

Companies across all industries combined spend between $1 billion and $1.5 billion per year on sponsoring content on the platform, Thomas Rankin, CEO of Dash Hudson, a company that sources Instagram Influencers for brands, told The Huffington Post.

Want that life?? Here are five ways you could profit from your Instagram posts, too.

How to Make Money on Instagram?

Instagram is ideal for selling products that photograph well. In other words, if your products are photogenic, most likely you can sell them with Instagram. Also, if you’re photogenic yourself or can take awesome photos, most likely you can have a huge following that can be capitalized to sell.

In general, there are at least 5 business models to make money on Instagram:

1. Become an affiliate and make money selling other people’s products

You can sell other people’s products and receive a cut. Many brands sell their products through affiliate programs. There are many people that make money from Instagram this way.

The difference between an influencer and an affiliate is that an affiliate is working towards making sales for the partnering brand in exchange for a commission. On the other hand, the influencer is mainly aiming to create awareness.

How TO Earn Money On Instagram In 2019

How TO Earn Money On Instagram In 2019

Affiliates make money on Instagram through a track able link or a promo code to make sure that any clicks are converted to sales.

“How TO Earn Money On Instagram In 2019”

Create engaging posts, so you can promote the products without being pushy. The thing is, since you can only have one link on your Instagram bio, you might want to include a landing page to your affiliate link. In each post, include a caption that the product can be purchased via the link on the Instagram bio.

How TO Earn Money On Instagram In 2019

How TO Earn Money On Instagram In 2019

At first it may sound like a challenging game, but affiliate marketing has a variety of expansion possibilities if you plan on growing. You can expand your presence by including a website and/or other marketing or social media channels.

“How TO Earn Money On Instagram In 2019”

Our team has compiled a list of eye-catching Instagram post ideas from successful brands for you to take inspiration from.

2. Become an unpaid brand ambassador

No luck finding gigs as a paid influencer? There’s another way to get compensated for your stylish Instagram posts. Bloggers can apply to be unpaid “brand ambassadors,” to whom businesses send freebies for promotion.

Skinny Bee Tea, for example, has a brand ambassador program, through which it sends bloggers a 14-day detox package to promote on their social media accounts. Other small brands offer similar programs.

How TO Earn Money On Instagram In 2019

How TO Earn Money On Instagram In 2019

The application process for unpaid brand ambassadorships is the same as for paid influencers, but the odds of getting accepted to be an unpaid brand ambassador tend to be more favorable.

Skinny Bee Tea receives two to eight applications per month and accepts about one-third of them into the ambassador program, Kristen Zahodne, the company’s owner, told HuffPost.

3. Become an Influencer and make money from sponsored posts.

With your influencer status, you can propose to brands to help to promote them in your posts. An influencer is someone who has built a reputation by doing and sharing things online. They have a good following and they are able to convince their audiences about trends because of the level of trust they have built with their online presence.

Brands tend to partner with influencers to do sponsored posts that help spread the word about their products. Influencers have to manage many things at once such as the size and reach of their Instagram accounts as well as the trust and engagement that they build based on their content.

Top influencers make thousands of dollars per sponsored post. Imagine doing one sponsored post per day, you can make tens of thousands of dollars per month easily.

How TO Earn Money On Instagram In 2019

How TO Earn Money On Instagram In 2019

A typical influencer post includes the creation of content such as an Instagram post or an Instagram story, that will include the promotion of the brand or their products. As an influencer, that’s why it’s extremely important for you to know your audience.

“How TO Earn Money On Instagram In 2019”

You need to understand who your audience mainly consists of, so you know which brands would best fit your audience. If you’ve switched to an Instagram business account, you can research your numbers a bit more through your Instagram Analytics report.

Now, you might be thinking, how do I find brands to work with that will be willing to pay me all this money for a sponsored post? Well, if you’ve created a noteworthy online presence, chances are big brands will reach out to you.

How TO Earn Money On Instagram In 2019

How TO Earn Money On Instagram In 2019

But, you can also find brands yourself that you think match your personality and values the best. You can reach out to brands yourself directly (through Instagram or through their websites) to try to negotiate a deal, but you can also list yourself on an influencer marketplace to increase your chances of being found by a big brand.

READ MORE : How to make money by selling our Instagram account 

As an extra tip, be careful not to lose the trust of your existing audience in the process of making money from sponsored posts. That’s why it’s always a good idea to indicate with an Instagram hashtag that it’s a sponsored post (for instance, by adding #sponsored).

4. Post consistently and stylishly on Instagram.

Your feed is your social media “résumé,” which brands use to determine whether or not to hire you as an influencer. A good Instagram presence means consistent, tasteful photo posts and captions. The bigger your Instagram portfolio, the better.

How TO Earn Money On Instagram In 2019

How TO Earn Money On Instagram In 2019

Brands also look for influencers whose Instagram style matches that of the brand.

Rankin gave a few examples of Dash Hudson’s criteria: “What does the content look like? Does the feed have beautiful, original photos? Is the style of content what we’re looking for [for] the brands we’re working with? What’s their follower number and engagement rate?”.

5. Sell poster photos and other virtual products.

Instagram is all about visual content. Photogenic products would sell well on Instagram. You can sell poster photos, paintings, drawings, animations, videos, and other image or video-based virtual products. On each post, refer readers to visit the link in your bio. This is another popular way that people make money from Instagram.

If you think you take high-quality pictures, there’s a chance that you can get paid for it. But don’t limit yourself with just your photography skills, explore other possibilities that enhance your pictures such as editing and composition.

“How TO Earn Money On Instagram In 2019”

How TO Earn Money On Instagram In 2019

How TO Earn Money On Instagram In 2019

Use the best photo editing apps for phones to get the most out of the photos that you take. Try to be original when you’re taking pictures.

You can use Instagram to promote your photography portfolio using relevant Instagram hashtags.

 

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