Like YouTubers and Bloggers, you have probably heard that Instagrammers too make money from Instagram. They make money from Instagram by sharing their snaps every day and growing a potential audience. The key thing is that they have learned how to reach and influence people. So, if you too want to make money from Instagram in 2022, we have dug deep to find the best ways to help you learn how to earn money from Instagram.
Can You Earn Money from Instagram?
If you are wondering whether or not you can make money from Instagram, you will be glad to know that yes you can not only earn money from Instagram but also make your living through Instagram. There are already thousands of influencers who are making their living from Instagram. They have figured out how to read people and how to influence them. Besides, they also know how to sell something to a potential customer. Therefore, they are making a good amount of money from Instagram.
How Much Money Can You Make from Instagram?
Do you want to start earning money from Instagram? Wondering how much can you make from Instagram? The amount of money that you can potentially make from Instagram depends on different things such as audience size, credentials, audience engagement, your strategy, and more. It also depends on what niche you have opted for and where you live.
But for an average, some creators have reported that they make the following amount of money from Instagram:
- $200-$300: This is the amount of money that micro-influencers make with at least 13k followers on Reels and posts.
- $750-$1,000: Influencers with 63k+ followers have said to make $750 on two to three minutes long IGTV videos.
- $8,000: You might have heard about robot influencers. They are virtual influencers who look exactly like real human influencers. On average, $8,000+ per sponsored post.
Influencers like Kendell Jenner have also made $275,000 for a single post. So, the number can be as big as you can think if you have a large and dedicated audience.
How many Followers Do You Need to Earn Money from Instagram?
If by now you have decided to make an Instagram influencer and start making money, you might be wondering how many followers do you need to make your first income from Instagram. The income from Instagram depends more on the engagement of your followers than the number of your followers. Let’s suppose that you have 10k followers. However, fake followers or followers who actually appear once in a blue moon will not count much than if you have a few hundred engaged followers who like, comment, and share your posts.
How can you get such potential followers that can help you make money from Instagram? Well, the answer to this question is pretty simple: if you offer them value, they will help you earn.
How to Earn Money From Instagram?
Now that all of your related queries have been answered, let us see how to start earning money from Instagram. There are tons of ways that you can make money from Instagram. Some of them are niche-dependent while others are region-dependent. However, The following ideas are some of the most common yet best ways that can help you not only make money but also make a living through Instagram.
1. Partner With a Brand
Instagram is one of the most widely known platforms that help businesses and brands grow. You can use it as an advantage and work with any brand to promote their services and products. In return, you can charge them a fixed amount of money.
So, look for businesses and brands that align with your niche and interest. For instance, if you are a traveler, you can travel around the world, work with huge hotels, promote their business, and get paid in return. Else if you are a model by profession, you can create an Instagram account, get potential followers, and start working with beauty brands such as Loreal, Sephora, and more.
Initially, you will of course start with something small. But as you grow on Instagram, you can start charging more and working with big brands. Moreover, while working for sponsors and brands, work wisely and be authentic. Only choose to work with brands and businesses that you yourself would prefer as a customer.
Since your followers trust your opinion, you should not be suggesting to them something that you yourself would never use.
2. Earn Through Affiliate Links
It is similar to affiliate links on blogs and YouTube descriptions. All you have to do is add a link to the product or service to your Instagram account. Then, whenever someone clicks on that link and buys something through your link, you get paid a percentage of that money that the brand makes.
The commission on average ranges from 10% to 20%. So, if you are an influencer interested to join the affiliate market, you can work with affiliate networks such as Pepperjam, Rakuten, CJ Affiliate, or Amazon.
3. Promote Your Business
One of the best ways to make money from Instagram is to promote your own business. Whether you are a baker, photographer, or real estate owner, you can not only make money from Instagram but also get clients and customers to your actual business.
For instance, if you are a baker who bakes delicious cakes and pastries, you can post their picture on Instagram, and people who like will order one from you.
4. Earn Badges through Live Videos
One good way to make money on Instagram is to directly earn from your potential audience. When you make live videos with Instagram’s Live feature, your audience can pay to support you and your work by buying badges. The badges cost from $0.99 to $4.99. Whenever any of your followers buy any badges, you will see a heart symbol with their comments on your videos.
But you need to remember that you should be offering something of value to your audience. Only then, your audience will pay to watch you.
5. Monetize Your Videos
Another way you can use to earn money is from Instagram to monetize your videos. You can run ads on your videos of brands and charge them. To do so, go to your “creator account settings” and enable the monetization option for your videos. Then, when you post any video, ads from brands will be played. This is similar to YouTube monetization.
So, the amount of money that you can make through monetization depends on how many views you get on your videos. According to Instagram for Business, you will get 55% of the generated revenue. Similar to YouTube AdSense, you can get payments monthly.
Moreover, to monetize your videos, you will need to create longer videos than two minutes. Instagram recommends creators make videos two to four minutes long to monetize them and earn money.
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