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The Washington Independent
7 Ways to Make Money on Instagram

7 Ways to Make Money on Instagram

05/14/2021 08:24
finance
Darren Mcpherson

Table of Contents

Collaborate with Brands and Promote their Products Sell your Merchandise Affiliate marketing Offer Paid Coaching Classes Freelancing Sell Content, Photos, and Videos Make Money through IGTV AdsConclusion

Instagram is one of the world’s best online marketing platforms, with over 100 million users worldwide. From influencers and creators to various brands and companies, everyone uses Instagram to share their passion through photos and videos. But can you make money on Instagram? Well, the answer is yes, there are several ways to make money on Instagram. 

You can connect with fellow enthusiasts, increase engagement on Instagram and become the most powerful creator in your niche. As you buy Instagram followers, you get exposed to interesting opportunities to make money on Instagram. So let’s take a quick look at the seven popular ways of making money on Instagram – 

Collaborate with Brands and Promote their Products 

Brands collaborate on Instagram through paid sponsorships. If you have a sizable following on Instagram, you can earn money by promoting a brand product or digital service on Instagram. Create posts for various companies or associate your name with few particular brands. Reach out to them directly or try to negotiate a deal. But promote products that may interest your audience. 

Sell your Merchandise 

This is a great option for Instagram users with an entrepreneurial instinct. Create your products that may appeal to your followers and sell them on Instagram. Share your personal story with the audience and tell them more about your products. Share photos of yourself using the merchandise. It is a great way to increase engagement on Instagram. It will boost your online presence and help you grow more Instagram followers. 

Affiliate marketing 

Affiliate marketing differs slightly from Influencer marketing. As an influencer, you collaborate with a brand to promote their products and increase brand awareness. However, as an affiliate, you work towards making sales for a brand for a commission. Here, the company you collaborate with provides a trackable link or a promo code to record the product sales that came directly from your posts. 

Create engaging content to promote the products and share your promo code with them. You can also post the affiliate link in your bio. This helps your followers to purchase featured products or sign up for services. 

Offer Paid Coaching Classes 

Instagram is one of the best places to share your knowledge with users through paid coaching and tutorials. All you need to do is to hone your marketing skills and set up a coaching program. There are several software and websites that allow you to conduct online classes. Use these services to create your coaching program and link it to your Instagram profile. 

Create educational content that provides value to your followers with a call-to-action option. Drive them to your website and ask them to enroll in your program for a fee.

Freelancing 

Freelancing is one of the most popular ways of earning money on Instagram. If you have a sizeable Instagram following, offer your talents as services. Optimize your Instagram bio and mention what services you offer. Include a link in your bio to drive the users to your website. Increase engagement on Instagram by posting photos and videos of your skills and talent. 

Build a professional network by connecting with users that offer similar services. It helps to gain more Instagram followers and improve online visibility. 

Sell Content, Photos, and Videos 

This is an excellent option for artists and photographers. You can sell prints, paintings, photos, and videos on Instagram for a fee. You can even create your merchandise, like printed T-shirts and mugs, and sell them to your Instagram audience. Create your shopping website and link it to your Instagram bio. Post content with interesting captions that will promote your work and direct your audience to the website. It is a great way to increase engagement on Instagram and gain more Instagram followers who will purchase your products. 

Make Money through IGTV Ads

IGTV Ad is a new way for Influencers and creators to monetize their content on Instagram. Usually, the ad appears when a user clicks to watch your IGTV from the preview button in the feed.  These video ads are 15 seconds long and are mobile-friendly. Just like YouTube AdSense, IGTV ads provide a fixed percentage of ad revenue to the creator. It is an excellent way for creators to promote their videos, increase engagement on Instagram and earn fixed ad revenue. 

Conclusion

By now you must have understood the different ways of making money on Instagram. However, you need to know that all of this is possible through consistent efforts and dedication. Instagram is an excellent platform for selling products that look good in photos. The quality of your content will determine your success on Instagram. 

Collaborate with brands that are relevant to your niche. Create posts that can increase engagement on Instagram. Grow more Instagram followers to improve online visibility. With quality products and good marketing skills, you can easily earn money on Instagram.

Darren Mcpherson | Darren's gift and passion for seeing great potential and acting on it have helped him to develop his career and perform to audiences all over the world, stemming from a childhood obsession with magic and visualization. He now partners with leading brands to help their workers manage the high-stress, rapid change, and fast-paced world that has become the norm. Darren demonstrates how to reconnect with what matters most in life so that they can accomplish every goal while having the time of their lives.

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