The Internet is a great place because there are so many ways to make money. People like you have been making money on the Internet using YouTube, Facebook, their own personal blog and even from Instagram.
It's totally possible to make thousands of dollars per post on Instagram. It sounds too good to be true. But for once, it isn’t.
At this point, you’re probably thinking you need millions of followers to make significant money from Instagram. But the truth is that you don’t. Not at all.
Exactly how many followers you need to make solid cash depends on a few factors. For example, the niche you’re in plays a role, as does how engaged your followers happen to be. What’s the point of having 100,000 followers when 60% of them are fake and 20% never interact with your posts? You could have just 10,000 followers, but as long as you explore the right revenue channels, you could make a bundle.
The key is building up engaged followers as opposed to just followers. There is a difference - a big difference. You could even have just 1,000 followers, but as long as 90% of them are fully engaged, the potential to make a profit is right there.
Here's a quick rundown of the ways you can make money from snapping and uploading pictures:
- Writing sponsored posts for brands that love your audience and want to get in front of it
- You could become an affiliate, which means you would make a commission each time you sell someone else’s product
- Create and sell something!
- Offer a PAID service
- Sell your photography - this only works if you’re good at taking pictures, and have a good camera
Also, remember that you don’t have to chase just one revenue stream - you can chase multiples.
But first, let's dissect that first one a bit more - writing sponsored posts for brands who love your audience and want to get in front of it.
What this means is you’ve amassed an audience that sees you as an authority figure in a particular niche - that's without getting listed in a free UK business directory!. They think you’re awesome and trust what you have to say. Sweet! You’re an influencer, a trendsetter, a go-getter. This is what a lot of brands want to be. But, for whatever reason, some brands just aren’t this. In fact, they struggle to be this.
They want to be just like YOU but they don’t know how to do it. The biggest thing they’re envious of is the trust your audience has put in you. People trust you to give them sound advice, as well as sell (or give!) them products that are awesome and useful.
But despite enjoying high levels of trust, you might not be making the kind of money you want to make just yet. This where writing content for sponsored brands come in. Sponsored brands will pay you money in return for you writing something nice about them, and sharing their picture (or maybe you’d share a picture of yourself using their product.) You could even upload a video, if that’s what the brand wants you to do.
Often, you’ll post one thing and that’s it. But sometimes a company will ask you to post an entire campaign, and sometimes they’ll offer you freebies.
It’s not easy to know what to charge these companies, especially if you’ve never done this before. But you need to remember that you’re charging for two things:
- Great content
- Access to your awesome audience
Access to your audience is valuable alone. The best Instagram influencers charge up to $400 per post. Prices tend to start out from around $200.