Regardless of whether you’re a business or a regular content creator, there’s a pretty penny to be made on social networks.
If working very hard to make a good living is the American dream, then not working so hard and making a good living is the Instagram dream. However, making a serious profit with the use of social media demands having a powerful strategy.
To learn how to make money on Instagram in 2022, keep reading below to get inspired by our four tips to make money on Instagram that applies to almost anybody.
Grow Your Instagram Account
If you want to understand how to make an income on Instagram, you must learn how to advertise your profile and attract followers.
Even though that is not a direct way to monetize your account, it will give you a boost and impart your profit in the long term.
That is because the majority of brands prefer working with dynamic and engaging accounts that have a solid reach of followers and can advertise their products or services adequately.
Your follower count has a direct relation with successful Instagram marketing.
Consequently, the bigger your follower count is, the more users notice your posts and create user-generated content, which gives you a higher chance of turning those views into sales for your brand or yourself as an individual creator.
So, the way to make money on Instagram starts with growing your account.
Today, to do that you can hire an Instagram growth service that will help you successfully grow your account with real followers as quickly as possible.
Become an Instagram Influencer and Sell Shoutouts and Sponsored Posts
Being an Instagram influencer means having the ability to ‘influence’ your followers and sway your audience’s opinion toward certain products or trends due to your social media status and the trust you formed with your virtual presence and content.
As an influencer, you will have the possibility to work together with companies to advertise their products or services.
Most brands prefer working with influencers to advertise their product by utilizing sponsored posts instead of direct paid social because of the numerous benefits of Instagram marketing.
A sponsored post (or an Instagram Story) showcases a service, product, or brand, followed by branded hashtags (for the showcase product), captions, and URLs.
Influencers nowadays make a good profit from sharing such sponsored posts.
In a recent survey of 5,000 influencers, around 40% said they charge $200 to $400 per post.
Plenty of money is being paid to top influencers for a single sponsored post they publish on their Instagram accounts that are generally targeted based on their audience account.
Do Affiliate Marketing on Instagram
This is moderately close to Influencer marketing but contrary to influencers, affiliates are more dedicated to the brand, in other words, they focus on making sales and not only advertising or spreading the word about a certain brand, with a commission included for every sale.
You make a commission anytime you sell a product as an affiliate. That is one of the more prevailing business models utilized by people on the site.
It enables people (affiliates) to have a continuing relationship with a brand or business and can provide more steady revenue.
As an affiliate, you will be given a unique URL, which the affiliate program will utilize to track how many people that clicked on your unique link ended up buying from the site, and consequently, you get your commission accordingly.
Those affiliate links are direct links to the product acquisition.
You can use the affiliate links in your bio on your profile, in your Stories, or even in a weekly or monthly email list to encourage your followers to find them quickly and easily.
Sell Your Photos on Instagram
The primary focus of Instagram is graphic content. So, original and quality photos will draw great attention and buyers.
These include art illustrations, animations and videos, photographs, paintings, even selfies, and all other kinds of visual content.
From the business Instagram account of a real estate broker looking to sell homes to the business account of a marketing operations manager wanting to sell their services, everybody needs good-looking photos to achieve success.
So, if photography is your main purpose for having an Instagram profile, there are numerous online channels to stock and sell your photos.
If you are a photography lover, that is an excellent way to promote your work and make decent profits via Instagram.
These were only a few of the best ways to help you make money on Instagram in 2022. Before you decide the best way to monetize your account successfully, ensure to do your research well and thoroughly.