The social media platforms such as WhatsApp, Instagram, Facebook, and much more are gaining a lot of popularities these days. The users are using them as a means of expanding their business. With the help of their social media accounts, they are attracting more customers, advertising their accounts, as well as attracting potential affiliates as well. There are over 600 million active users on Instagram alone. That’s a lot of users, I know!! If you are a beginner and want to start making money online through Instagram, you have landed in the right place. Here, I’ll tell you 4 ways to make money through Instagram.
So, first begin with “What is Instagram?”.
Instagram is a social media platforms that allow the user to share photos, videos with their followers. This social media platform was launched for iOS at first. Later, they expanded their business by including Android and Windows users as well. This platform is owned by Facebook Inc. In 2012, after Facebook bought all stocks of Instagram for $1 billion in cash. According to the reports of December 2016, a total of 500 billion users were active Instagram users. This number grew with time.
According to Forbes 2017, the Instagram is now worth $25- $50 billion at this time, and total users active on Instagram are over 800 million.
So, I guess this is enough knowledge about Instagram. Now let’s know about the 4 ways to make money through Instagram.
1. Affiliate Marketing
Affiliate Marketing is the most popular and effective way of making money through Instagram. As an affiliate marketer, one can work as the product promoter. He/She just need to refer the product to other users. If the user buys that product, the affiliate will be given some per cent of the product’s selling price. Isn’t that great?
Using Instagram it gets really easy. All you need to do is use your Instagram profile to spread that referral code to the potential customers. You can do this by sending them link through the message, or use the ‘Stories’ feature of Instagram. All you need to do is put a story on your Instagram profile. The one that wants to buy it can get easy access to that. After he/she has paid for the product, you’ll automatically be rewarded with the share that you own.
2. Become an Influencer
Becoming an Influencer is another of making money through Instagram. To become an influencer, you need to gain a large followers base, for first. The followers should be original, and the ones that respect your opinions. Having followers just for fun, or o increase your follower’s list won’t do a thing.
After doing that, you ca call for potential businesses those who want to contact with your followers. You can put a post to sponsor the brand’s product or can give shout-outs as well.
3. Selling your Photos or Design
If you are an artist and your talent is going to waste, then this may prove a good opportunity for you. For an instance, if your sketching is good, you can turn your profile to public, and tag other ‘artist’ pages. You can build your own name, and start your own business by selling your sketches for a price.
Similarly, if you are a photographer or a graphic designer, you can use your Instagram profile as your business account to interact with the customers. You can use Instagram to interact with the people who are doing the same business and hence gain a lot of experience with them.
Also, you use your posts as a means of publicizing your seller account. If you are selling your photos on marketplaces such as 500px, you can add the post (that you are selling in the marketplace) on your Instagram account and provide the link to your seller account in the caption of the post.
4. Sell your account
In the online world, the ready-made audience is highly appreciated. The users that want to start their business find it a lot easy if they have their audience ready from the start. If your follower’s list has a lot of users, then you can sell your account. There are many platforms build to facilitate these type of selling online.
You can look for marketplaces such as Viral Accounts and FameSwap to sell your account. These platforms attract potential buyers from the Internet that are willing to pay a good price. Before selling your account make sure if your account has all natural traffic. It makes the selling procedure easier.