Own Your Instagram Today!
There is no doubt that Instagram is one of the most popular social media channels today and the best place to monetize your influence. Having said that, one of the main reasons for low engagement is fake or inactive followers. Thus, it’s important to make sure you focus on obtaining a quality audience. Once you’ve achieved that, you can start earning money on Instagram in the following ways.
Become An Affiliate Marketer
Affiliate marketing can prove to be a solid revenue stream once you’ve got a significant following. Essentially, affiliate marketing involves partnering with a brand to generate awareness as well as sales in exchange for a commission.
Publish Sponsored Posts For Brands
Influencer marketing is one of the most popular strategies brands rely on. Ultimately, if you’re an expert in your niche, you will find success.
Brands are always looking to collaborate with Instagrammers of all sizes to deliver their targeted messages to prospective consumers. Sponsored posts can take the form of a simple brand mention, a product review or even a testimonial.
When establishing your rate, remember that you’re not just offering your content to brands. More importantly, you’re giving them access to your followers as well.
Launch Your eCommerce Store
Instagram is a great platform for you to market your products. Since your products are an extension of you as a brand, building a business around them with a focus on your audience is important.
Sell Digital Products
You can use your Instagram account to sell digital products and resources as well. You’ll want to key in on resources that your followers might find useful.
From travel guides to e-books, there is plenty that you can offer. If people are engaged in what you post on Instagram, chances are they’ll be willing to pay for more targeted information.
Not surprisingly, digital products are a multibillion-dollar industry. Platforms such as Instagram make it simple to market such resources and start earning your share.
Furthermore, you can also use Instagram to highlight individual talents like art, writing, and fashion. You might find people interested in hiring you for those skills.
Become a Storytelling Consultant
A picture (and sometimes a video) is worth a thousand words. If you’re particularly good at using them to tell a story, you can find ways to monetize this. Leverage your knack for storytelling to help brands write compelling narratives for themselves.
With a dedicated and engaged following, you can use Instagram to launch successful business ventures. Take time to consider what you want, then set your goals and pursue them with fidelity.