How many followers on Instagram do you need to make money?
If you’ve been wondering how many followers you need to bring in real revenue, the answer is – sometimes as few as 1000 followers is enough. It all depends on what niche you represent and how easily you can directly relate it to the category of products to advertise. For example, fashion, food, beauty, and fitness are the most popular niches that bring in a lot of profit, but also unfortunately a lot of competition. In addition to this, it’s worth checking to see if there are real people behind the accounts that are following you who can interact with you, i.e. comment on your posts or respond to your accounts.
Neil Patel, a widely known digital marketing expert, confirms that the most important thing is engagement – observers who like, share and comment on posts are the key to your success.
What are the best ways to make money on Instagram?
Work with brands
Creating sponsored posts or testimonials is the main way you can get money. For example, if your profile focuses on extreme hiking in the far corners of the world – an outdoor gear company will be willing to pay you to publish a photo that includes their product in the picture.
How do I find a sponsor?
In some cases, potential partners will contact you individually. However, if you don’t want to wait to be contacted, check out the companies you yourself value the most, or even follow, and contact them directly via private message or the provided email on their profile.
When looking for partners, authenticity is important. After all, fans of your hiking accounts are more likely to trust your opinion on a backpack for the trail than colorful underwear for Valentine’s Day. Don’t bother with products you don’t like. If the travel backpack you received got soaked at the first opportunity, and it developed a hole in it after a few days – there is no reason to recommend it to others, even if the company paid you a hefty sum for the advertisement.
Promote your business
There are other ways to use Instagram to make money. For example, you can set up a business account to grow your business. For example, if you have an Etsy shop account where you sell your crafts or a cooking blog that generates ad revenue, a professional-looking account on Instagram can provide additional promotion. You can link to your Etsy, website, or highlight one particular product in the bio section on your profile to direct more people to it.
Prepare for success
Take well-lit photos of the products you are trying to sell or the projects you are promoting. Also, create your own hashtags and see which ones your competitors are using the most. Encourage your customers to post pictures of your stuff and tag you in testimonials or posts.
If you want to speed up the process of gaining followers – a good way would be to pay to promote posts that you want more people to see. You can also add a button to your profile that leads to an email address or phone number so that interested people can easily contact you.
Sell unused stuff
Your wardrobe is bursting at the seams and you cannot cope with the excess of clothes? Now you don’t have to throw them away or give them away, what’s more, you can earn on them and it’s not a small amount. All you have to do is to present the things you want to sell in an attractive way on your profile on Instagram – a testimonial or a post.
The most important thing is to add data such as brand, size, price or condition. If you want to sell a specific item or promote your profile on Vinted – put a link in your bio.
Sell your photos
Everyone needs good-looking visual content to be successful. From the business profile of a real estate agent who is trying to sell homes to the business profile of a marketing manager who wants to promote their services. These include simple illustrations, videos and animations, images, photos or even selfies.
Publish your photos with expressive captions, product tags and hashtags. Add custom watermarks to attract potential buyers. Browse the marketplace to find out what is most beneficial for you. There are various sales channels such as Twenty20, 500px or Foap Community. The images you sell become licensed and you can enjoy the money you earn.
Sell marketing services on Instagram
Selling through your store on Instagram can mean entering many different industries and taking on countless new businesses. However, one of the best and easiest ways to improve engagement rates, build authenticity, and monetize is to offer marketing courses or mentorship as part of brand building.
Selling this type of service is helpful because a lot of people don’t know where to start with their Instagram adventure. If you’ve only been using the platform for a few months, but with some consistent marketing success, you could try creating a course where you write down all of your best tips and tricks. You can do this by sending out private testimonials with tips and tricks, or you can even go a step further and sell physical products such as guides with detailed analyses of your marketing strategy.
Best ways to make money on Instagram
What are the best ways to make money on Instagram?
- Collaborate with brands.
- Promote your business.
- Sell unused items.
- Sell your photos.
- Sell marketing services on Instagram.
How many followers do you need to monetize on Instagram?
You actually don’t need a large number of followers to make money on Instagram. The key to success is to create a strategy and quality content in relation to your niche. Moreover, you need to post frequently to keep your audience engaged. By doing so, you will increase your reach and build trust among your followers.
How do you start making money on Instagram?
If you want to start making money on Instagram, you need to create a strategy on how you will be able to create quality content, keep your target audience engaged and constantly promote your account. The main idea is to reach as much of your target audience as possible to get more potential customers.
Can you make money on Instagram with 1,000 followers?
Yes, even with just 1,000 followers, you can still monetize your Instagram account as long as your followers are engaged with the content you are promoting. Imagine interacting with 1,000 people and turning a large percentage of them into potential customers.
Who is the highest-paid Influencer?
According to a list published by Hopper HQ, the highest earning influencer on Instagram is Dwayne “The Rock” Johnson. His one post is earning about $1,015,000. Dwayne is followed by Kylie Jenner, the second highest paid influencer on Instagram with $986,000 per post.