Instagram is a global platform where a user can get his/her daily dose of entertainment and connect with friends, family, and celebrities; and brands and businesses can find their audience and sell their products.
Apart from these, Instagram is also a favorite destination for content creators and influencers – the people who earn a handsome amount every month working on the platform. Some influencers earn for each post they share from their account.
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How to Earn Money on Instagram For New Instagram Creator?
There are many ways to learn, grow, and earn money on Instagram. Such as –
1. Partnering with Brand
If you have a decent number of followers and you are an established content creator or influencer, you can reach out to brands. They are always looking to partner with creators to spread awareness about and promote their products on Instagram (and other platforms).
The amount you can earn this way will rely on the number of your followers and your experience.
2. Sponsored Content
If you do not have a bulk of followers on Instagram, you can try your hands in paid marketing or sponsored ads content.
You can run paid ads for brands. There are two ways you can do this – by working in their team and by engaging with them as a freelancer. Either way, you are going to earn money because of your Instagram proficiency or knowledge.
3. Shopping
You can sell your products on Instagram, and earn a big margin on every order you receive.
For this, you will need to “Switch to Professional Account”. You will have to create your product catalog to get started with shopping on Instagram.
Once done, you are ready to create content for your products and your audience will be able to shop for your product from your content/posts.
The built-in analytics on Instagram helps you find out what is working for you and what isn’t. Learning from those metrics, you can shift your marketing strategy to boost your sales.
To further your sales, you can also use paid ads for your shop and posts on Instagram.
4. Promote Your Streams and Products from Other Platforms
Video streaming platforms such as Patreon, Twitch, and OnlyFans pay their users for the content they create and the engagement and traffic they generate. If you are present there on these platforms, you can build your unique audience on Instagram too.
You could also use Instagram to promote your upcoming events, giveaways, contests, and streams on other platforms. The more traffic you receive on your stream and videos, the more you will earn.
This will also help your audience connect with you on other platforms.
5. Ads on IGTV
Ads shown during your IGTV videos on Instagram can give you a solid monthly income. IGTV is a powerful medium to show videos of longer duration on Instagram.
The amount you can earn here will depend on the number of views your video generates. To be specific, you will get 55% of the total revenue generated by Instagram on that video, and you will receive the payment every month.
Conclusion
You could also tie-up with businesses to create images and videos for their official Instagram or to handle their Instagram or social media marketing. This could be both a full-time on-site job, or a full-time or part-time freelance job.
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