How to get cash from Instagram?
At least, there are 5 ways to get money from Instagram that
is most often done. In the following description, we will explain each of
these methods in more detail.
Become an influence and make money from endorsements
With your influence status, you can
be asked to endorse a product
or store by a brand. They have many followers and they can convince their
audience about trends.
Brands or online shops tend to partner with influences to do sponsored posts to help spread the word
about products from brands or online shops. Not just making
a post,
an influence must really think about how this
promotion can get great engagement and
really convince the audience to buy a product or service for a brand.
Top influences can produce tens
of millions per sponsored post. Imagine, doing one sponsored post per day, you
can make hundreds of millions per month easily.
As an influence, it is very important
for you to recognize your audience. You need to understand who your
audience is, so you know which brand is best for your audience. If you
have switched to an Instagram business account, you can find out how old and
gender your followers are through
Instagram Analytics.
Now, you might be thinking,
how do you find a brand that is willing to pay me for
endorsement?
Well, if you are quite famous in cyberspace, chances are big
brands will reach you. However, you can also find brands that you think
best fit your personality and values independently. You can reach them
directly (via Instagram or through their website) to try to negotiate an endorsement agreement. However, you can
also register yourself in the influence market to increase your chances of
being discovered by big brands.
As an additional tip, be careful not to lose the trust of
your audience when you upload post endorsements. That is why you can add #sponsored
to let your audience know. Or, you need to try products and services that
will endorse directly. That
way, you can capture which products or services are worth endorsing and
which are not.
You can sell other people's products and get
discounts. There are many people who make money from Instagram this way.
The difference between influences and affiliates is
that affiliates try to generate sales for brands that partner in return for a
commission. On the other hand, influences have the main
goal of increasing awareness.
Affiliates make money on Instagram through traceable links
or promo codes. Every click from your audience can be converted to
sales. Make an interesting post so you can promote the product without being
forced. In each post, include a statement that the product can be
purchased through a link on the Instagram bio.
Selling photo
posters and other virtual products
Instagram is very popular because of its visual
content. Photogenic products will sell well on Instagram. You can
sell posters, paintings, drawings, animations, videos, and other image or
video-based virtual products.
In each of your posts, refer the reader to visit the link in
your bio. This is another popular way to make money from Instagram.
If you think you have high photography skills, you can get
paid handsomely for these skills. However, don't limit yourself to only
your photography skills. Try other possibilities by using the best photo editing
application for mobile phones to get the most out of the photos you take.
Try to be original when you take photos.
Sell your own
physical product
You can sell any physical product that you produce yourself
or buy from a supplier. You need a place to be able to store products,
such as free space at home or rented storage. For example, if you buy some
inventory from a supplier based in China, you need space to store it before
ordering and sending it to customers.
Starting February 2018, you can sell products directly on
Instagram through Instagram posts and stories. By simply tagging products on Instagram images,
you can direct your buy real Instagram followers to your product page where
they can buy products quickly.
Selling drop ship products
Drop shipping is
a business model that you can use to run your store without having to store any
inventory. After you make a sale, your supplier will ship your product
from their warehouse, directly to your customer's doorstep. You don't need
to worry about storing, packing, or shipping your product.
You can easily create a drop
shipping shop with e-commerce platforms like Shoppe. With drop shipping, you can experiment to find products that will sell
well, without wasting your initial capital.
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