Instagram is a new-age social media sensation, which has the world's 2 billion people addicted to it. It is also a significant marketing magnet for corporates looking for fresh markets to sell their products. Now, these companies are continually looking for people who have a massive following on Instagram and have the power to influence the buying decisions of their followers. These people are known as Influencers in colloquial terms.
If you have nice followers count on your Instagram account, you also have the opportunity to earn from Instagram promotions. Not only through paid advertisements, but there are too many other ways through which you can monetize your Instagram account. Here are five super easy ways through which you can earn money through your Instagram profile:
Follow a theme or niche: If you have a substantial number of followers, you can get sponsorship for your Instagram profile. But if you are posting randomly without any unique theme, companies are not sure what products fit your style. So you need to develop a niche or style that represents your account. If you are interested in food, post stuff about that. If fashion, then posts related to techniques and stuff. You get the idea, right? When your account identifies with a particular subject, then the advertisers and companies active in that niche would contact you and pay you for their product promotions.
Drop Shipping: Another great way to monetize your Instagram account is through drop shipping. Dropshipping is a popular form of retail business, in which the seller does not have to keep the stock with themselves. Instead, they only accept the order on their client's behalf and send the order's details and shipping to the manufacturer. It is the manufacturer who ships the order to the client in the name of the seller. The manufacturer only keeps the introductory price, and the seller receives the margin on that. If you have a good follower count, then you can opt for this option of monetization and can earn a lot.
Affiliate marketing: Affiliate marketing is also a very profitable way to monetize your Instagram account. If you have the power of followers with you, you can join the various affiliate options like Amazon, Click-a-share, click bank, eBay, etc. In this, any sale that is made through your Instagram account would provide you with commission income from the affiliates.
Sell your services or products: If thousands and millions follow your Instagram account, then you can very well create your product range, or you can sell your services to your followers at a premium rate. As you develop the product, your followers would be more than happy to buy it from you. Kim Kardashian and Kylie Jenner are a prime example of using this strategy. They have developed their product range and promote it on their social media profile. It's getting them millions in profits. If they can, why can't you?
Online Coaching and Mentorship: If you are an expert in any skill, like fitness, diet, food, or music, then you can offer your services online to desiring followers and audience. If you are a fitness expert and have thousands of followers, you can give your clients online fitness training and charge from them. If you are a dietician, then you can set your online clients from making their diet chart. This can be a very significant way of earning a substantial amount of money. The more followers you have, the more would be the online clients, and the more would be the money.
Conclusion:
So we now know that the various ways through which we can monetize our Instagram account. But the most common thing in all this is the number of followers. You must have a good number of followers on your Instagram profile. So it would help if you increase your followers count for increasing your profits. There are many ways through which you can increase your followers. Some people buy Instagram followers while some poach on other's followers. The crux is to increase the number of followers and get more money out of your Instagram account or profile.
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