5 Best ways to make money from instagram

Are you looking for different ways to make money from Instagram?

Nowadays Instagram becomes one of the most popular and fastest-growing platform in social media handle.

Instagram has active users at the end of December 2021,reaches a new milestone of two billion active users worldwide.

A few years ago Instagram was a simple photo-sharing app, now that simple photo-sharing app has become the most powerful digital marketing platform.

In June 2021, at the first creator week of company, Mark Zuckerberg expressed “Our goal is to be the best platform for creators like you to make a living”

Instagram is one of the best source of income for those who are interested in making money from online or social media.

If you don’t know how to make money from instagram then this article is perfect for you.

What is a niche?

A niche is a category or topic, basically, you are more interested in any type of category or topic and if you want to work on that topic of interest,it is called niche.

How to select the right niche?

Kindly read this carefully before selecting a niche.

• First, find out what is your interests and choice

After selecting the final niche, work with the micro-niche of that final niche.

Let me explain a bit, suppose you want to work in a digital marketing niche. Digital marketing niche is a very big niche, there are many micro-niches under this niche like youtube marketing, affiliate marketing, facebook marketing, instagram marketing etc. If you work in a micro niche, it will be easier for you to grow.I hope you understand.

• Do research your topic on Instagram

After finding your micro-niche you search Instagram with your micro-niche and regularly upload your own content to Instagram, taking ideas from accounts that already have content(like what types of content has been uploaded, what hashtags have been used, etc) in your chosen micro-niche.

How to Make Money on Instagram?

First you need to create a good professional Instagram account.

Followers must be relevant to your niche and have genuine followers,this will not work if you have fake followers.

If you have a minimum of 1k followers and they are actively engaged with the post then you can easily earn money from Instagram because you have a good reach and engagement rate on your Instagram account that’s the reason you can easily work with brands.

Here is the 5 best ways to make money from instagram.

1. Promote Affiliate Offers

Affiliate marketing is a commission-based marketing system.

If you can sell any company’s products then the company will pay you a fixed commission.

If you want to do affiliate marketing, then you have to join an affiliate program or network first.

After that, if you want to sell a product of that company, then the company will give you a link to the product and you have to bring visitors to the link of that product.

If anyone buys the product from that link, the company will give you a small commission(The company will give you commission for each product sell on that link).

Here are some affiliate marketplaces where you can create an account and start working with affiliate networks,like Clickbank,JVzoo,Impact radius,Shopify,Commission junction,etc

How to promote affiliate links on instagram

For allow clickable link on instagram.

• Add your affiliate link in your bio

You can easily add an affiliate link in your bio. All the links you provide in your bio will be considered as clickable links on Instagram. Probably most Instagram users know this.

Make a post on Instagram for the product you want to promote (Write a few words about the product along with the product image or just product image, words that make the viewer interested in the product.)

After you select post for instagram,in the caption of the post, write that if you are interested to know about this product, please check my bio for the link to this product.Simple way you can easily add links to your bio.

• Add your link in instagram story

This is a huge update of Instagram for all Instagram users and good news. Now anyone can add any link to their Instagram story.

A few years ago not everyone could add links to Instagram stories and only those Instagrammers who had 10k followers could add links to Instagram stories.You can easily add affiliate link or any link to story.

• Share your links In Instagram Direct Messages

You can share any link in Instagram Direct Message (DM) it can be Affiliate Link, Instagram Stories, Reels Videos, Text Messages,  customer service questions, etc.

Suppose you want to promote a product, you simply make a post and say in the caption if you are interested in this product, then DM me, and then you will share the link of that product.

This way you can share links in Instagram direct messages and earn money from Instagram

Let me ask you a question, imagine you messaged someone for a service or other purpose and how would you feel when they responded to your message instantly. 

Maybe you will be happy, right?

You can also instantly reply to your followers.You can setup it for free to maintain a good relationship with your followers.

• Pay to Promote Links in Instagram Posts Caption

You can add clickable links in the captions of Instagram posts for which you have to pay Instagram.This way , you can achieve your goal by adding clickable links in captions with money.

2.Brand Sponsorship

You can easily earn money from Instagram by collaborating with brands. A brand will give you a product, you have to share it on Instagram posts and stories, and in return, the brand will provide you money.

Find brands, related to your niche and work on that niche to boost your reputation and sales .

And you will get opportunity to work with many brands.

If you do not work with your niche related brands, your reputation will be totally damaged.

Suppose your niche is health related but you work with clothes related niche. In this case your followers will feel irritated and your reputation will be damage because your Instagram followers are health niche related.

So for this reason you need to work with your niche-related brands.

Before you work with any brand, read carefully Instagram promotion guidelines and Branded Content Policies

There are two types of collaboration

• Barter Collaborations

Barter Collaboration means that the brand will give you the product for free to promote but the brand will not give you any money in exchange for sharing the product on your Instagram post, story or reels, etc

•  Paid Collaborations

Paid collaboration is a fully paid promotion, the brand will give you the product to promote, this product has to be shared in a post, story, or reels, and in return, the brand will give you money.

Paid collaboration will give you both product and money.

To get paid collaboration with Brand you must have a minimum of 5k+ Instagram followers and a post engagement rate and reach should be good.

If the engagement rate, and reach is good, it is easy to get paid collaborate with the brand.

An important warning that you should keep in mind before promoting any product-

People follow you because they trust you or get valuable information from you. It doesn’t mean that you would recommend bad products to your followers for your benefit.

If you recommend it, maybe maximum followers will buy this product because your recommendation is considered valuable.

When the product is used, and if the product is of poor quality.

Your reputation will be completely damaged, and May not trust you anymore or May not follow you.

If you want to maintain your reputation and trust.

Then you will recommend products that are authentic and valuable to your followers.

3.Sponsored posts

Instagram sponsored posts are also known as paid advertisements on Instagram.

Instagram sponsored post is one of the great ways to reach and more target audience for your business.

When you run an ad on Instagram, your ad copy, impressions or click-through rate (CTR) etc will depend on these factors.

Different types of ads are allowed on instagram like ads of images, stories, videos, carousel, collections, explore, IGTV, shopping, reels etc.

To run ads on Instagram you must have the following

• You must have a business account or creator account.
• You must have a Facebook page connected with your Instagram account.
• You must have a credit card or debit card to pay for advertising costs.

If you use a debit card to run ads, then your debit card must be international payment enabled.Your debit card will not be accepted if international payments are not enabled.

4.Selling virtual Product On Instagram

Instagram is a visual plateform maybe everyone knows,beautiful products and images sell more on Instagram.If you have skills in making paintings, drawings, animation videos etc.

Then you can create beautiful paintings, drawings, animation videos etc, and sell these in virtual format on Instagram.

This is another way you can easily earn money from Instagram 

5.How to become an Instagram Coach or Consultant

If you want to become a good Instagram coach or consultant then follow the steps below

• To become an Instagram coach or consultant at first one should create a well engaging marketing account.Then connect to the audience.
• You should listen to the clients problems and research about those problems.Then make sure to solve their problems and help them for a better career.
• Secondly one should be a good listener.
• Teach them how to live life in a unique way.
• Advice them to do what they love or what makes them more energetic. 
• Create informative contents to exhibit your worthiness in your field.

Final Thoughts

Instagram is a most popular social media platform.Here you continuously upload valuable content and maintain a good reputation, trust among followers, and build a quality audience.which will help you earn money from this platform.