Depending on your unique brand of Instagram content, your audience, and your level of commitment, you can make money on Instagram in the following ways:
1). Become an affiliate
An affiliate is more invested in making sales for the partner brands not just generating awareness in exchange for a commission.
This is typically done with a trackable link or unique promo code to ensure clicks actually translate into sales. Since Instagram doesn’t yet allow links anywhere outside of your bio, you can only focus on one product at a time if you choose to rely on affiliate links, making promo codes a better option for Instagram since you can actually incorporate them into your posts. You can explore popular marketplaces like:
ClickBank - An affiliate platform with a tier-based commission that’s open to everyone.
RewardStyle - An invitation-only fashion and lifestyle influencer network that offers 20% commissions.
Amazon Associates - A popular option that pays out a 10% commission.
2). Open your own online store
By now it might sound like the only way for an Instagrammer to make money is to sell out and work with other brands.
But creators of all kinds are in a good position to “sell out” with their own products: physical goods, services, or digital items that can be an extension of their brand, building a business with an audience at its center.
3). Work with brands on sponsored posts
Instagram has 1 billion monthly active users. 500 million of those users are engaging daily on the platform. And they’re not just engaging with their very best of friends. They’re engaging with brands, too, 10x more than they do on Facebook.
As a result, many brands and marketers are clamoring to find new ways to increase their reach and grow their followings. In the process, many are turning to Instagram sponsored posts.
An influence is basically anyone who’s built themselves an online reputation by doing and sharing awesome things online. To their audiences, influencers are taste makers, trend setters, and trusted experts whose opinions about certain subjects are respected.
4). Sell your photos online or on things
Someone might get famous on Twitter by telling 140-character jokes, but Instagram is a photo-sharing app at its core. And photos are assets that can be licensed, printed, and sold in a variety of ways.
However, you can also sell your photos as prints and on other physical products using a similar methods described in the last section. Services like Printful, Payloadz and Teelaunch let you put your photos on posters, phone cases, pillows, and more, taking care of fulfilling orders and customer service, so all you really need to worry about is making sales.
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