10 Ways to Make Money on Instagram

You don’t need hundreds or thousands of followers to make money on Instagram. According to Buffer, influencers with 10,000 followers or less are getting the best business results. So, if you have ever thought, maybe I can do that too. You probably can.

Whether you want to represent your personal brand or a partner’s brand, this article is all about how you can make money on Instagram in 10 different ways.

1- Sponsered Post

Instagram has millions of reputed brands on its platform, and influencers earn crores by sponsored posts. Now many of you think, ‘I have so few followers. How can I get sponsorships from brands?’ But you are wrong! What matters the most is whether you are providing quality content.

So, whether you have 400, 4k or 400k followers, you can still get sponsorships from big brands. The easiest method to collaborate with brands is to do free products promotion. Here, brands send you products free of post, and you have to review that product on your post.

2-Reel Bonus

Do you make Instagram reels regularly? If yes, then there is an exciting opportunity you should know about. Instagram is offering an Invite Only Programme, which is Reel Bonus.

Currently, it is only available to US creators with less than 1 million followers. It lets you earn based on the number of plays you get. The more plays your reels get, the more you can make.

3-Affiliate Marketing

This is the quickest way to make money on Instagram. Affiliate marketing is basically when you promote a brand’s products or services with a specific link that you are given. When someone clicks on the link and signs up, you can earn a commission.

To earn huge with affiliate marketing, what you can do is share high-ticket affiliate links. You can share these links in your Instagram bio, reels or stories and make money even when you sleep.

4- Sell Services & Products

By doing this, Instagram can be your secret weapon to earn from the platform. If you have digital or physical products, you can market them on Instagram. It can help boost your business market reach and influence your followers and viewers to buy your services or products.

For this, your Instagram profile is on point, answering questions like why to choose you over others, etc. The more you can show up on camera in the video as a real person, the more your audience will feel that they can trust you.

5- Selling Courses

Do you know you can earn on Instagram by selling digital courses, e-books or information-based products? Influencers are making multi-millions just by selling courses.

If you are an expert in your field, you can easily create a course around it. You can offer discount codes and bundle them with other products to encourage sales and attract more potential learners. Use Instagram to promote your course like posting about it regularly, collaborating with others etc. But your work doesn’t end here. Once a student enrols in your course, engage with them regularly., offer support and a good experience.

6- Paid Coaching Calls

Paid coaching calls are a great way to generate income. Instead of directly offering the services for the clients, you can offer 1:1 consultation calls in your niche to your potential customers and help them grow. You just need to find your expertise and determine whether there is demand for that service. If both options are ticked off, you can safely proceed with paid coaching or consulting calls.

Now, you need to promote your calls on Instagram through your stories, reels, and posts and use your follower base to attract more clients. This is one of the most reliable ways through which you can not only grow your Instagram but also make money.

7- Paid Partnership

Keep in mind that it’s only the size and reach of your Instagram account brands want. It’s also your audience’s trust and engagement with your content as well. This is because you provide access to a niche audience filled with potential customers. And this is something that brands need and are willing to pay for.

8- Offer Shoutouts

Shoutouts are essentially when a business or another Instagram page pays you to shout out the page, whether it is their product, service, or page itself.

Sometimes it will come in the form of an e-commerce page paying you to promote their jewellery, or sometimes, it might be sharing the content of another page in your niche, which is not yet a business but trying to grow its account. So, they might pay you to repost the content to help them grow. For this, I would highly recommend you wait until 50 or 100k followers.

9- Paid Promotions

Paid promotions are a significant way to get brand sponsorships, as the companies not only send you free products but also pay you well. You can simply search about the companies and approach them for sponsorships.

You can send them a mail or a structured, systematic message on their Instagram handles. Here, you have to be careful while sending the message and don’t forget to include your username, full name, followers count, per post likes and comments. Make sure you follow your niche-related Instagram accounts and observe their activities, like which brands they are promoting or doing sponsorships with and approach them accordingly.

10- Offer Virtual Assistance to an Influencer

If you are camera-shy but love what goes on Instagram, become a virtual assistant to an influencer on Instagram. There are so many things happening to any Instagram content creator that they need help to sort everything out, from scheduling meetings with brands and filtering out sponsorships to identifying fake followers, replying to comments, managing DMs and many more. So use your Instagram marketing skills to help an influencer make money!

Wrapping up,

Now making money on Instagram is not a walk in the park, but with the right strategies, it can be a profitable journey. All these methods are helpful only if you are truthful to your audience, looking to add value and striving to be authentic. So, gear up and make a bank out of your Instagram money. Who knows, you might just become the next star on the gram!