12  WAYS OF EARNING ON INSTAGRAN FOR 2023

If you want to do something extraordinary, but you are unable to start that due to lack of money, know nothing about how to earn and thinking to start anyhow anything, which earns money for you. Then you are at a right place in this article. You will find that how you can earn money on Instagram or how to earn money on Instagram with the simplest methods. 

This article is for such entrepreneurs, who are finding ways of smart online earning.

How To Make Money on Instagram?

1.Why choose Instagram as an earning option? 

In today’s digital world Instagram is a very popular social media platform its popularity is increasing day by day. Most of the population is using it for entertainment but many of them are using it as a source of income.

It has approx 1.386 billion active users and in this huge marketplace you can introduce your ideas and creativity and earn thousands of rupees. 

Instagram when introduced, it was a photo and video sharing platform but now this is a huge system which is earning billions of dollars a year and also helping people to earn. 

2. How Instagram pays.?

Recently in 2020, Instagram launched the “reels“, which is now consuming the daily data of people’s smart phone, many famous social media influencers are making a lot of money from those. 

3. How does Instagram pay you? 

Instagram allows you to earn money when you turn on the monetization of your content in Instagram. By turning monetization on, you allow brands to advertise and promote themselves in your videos.

And your earning depends upon the views you get in your videos. You get up-to 55 percent of the advertisement income raised by your video, and you will be paid monthly. 

4. Does Instagram pay for reels? 

In the year 2020, Instagram released the reels options and many people have questions that can we earn from reels also. 

Yes, Instagram pays for your reels through some inducement programme like giving bonuses to the creators, and also not focusing on the followers they have but for the views. 

Instagram has now launched  Instagram Bonuses, under this you were given some tasks like, upload this much number of videos in a week or minimum this much number of views is necessary on your videos in specified time, then we will give you 50-100 dollars or according to views and their policy. 

5. Does Instagram pay you for your followers?

Does Instagram pay money.? The answer is yes. Instagram pays most of the social media influencers to post their activities on their Instagram account, because the more people see Instagram their revenue increases and then they will some amount to the influencer also. 

If we talk about Instagram income, many micro influencers with only 5,000-10,000 followers are making an average of 6-8 thousand rupees per post. You can think that how much the people earns who have millions of followers. 

Some results by a research shows that the influencers who have 2,50,000-5,00,000 followers charge around 45,000-50,000 per post. 

You can see that several social media celebrities charge millions of rupees for only one post on Instagram. 

The highest paid person by Instagram earns 1,604,000 dollars per post, Christiano Ronaldo. So finally, Instagram pays for followers.    (Organic)

Hope you got the answers in your mind that how to earn money through Instagram.?

6. How to get more followers on Instagram?

If you want that people will follow you on Instagram, you have to think from their point of view. You can ask yourself questions like, why should they follow me?  And you get the answers by your own. 

You have to give people what they wanted, if you don’t have any such content then you have to create and discover something new, in which both the followers and you are interested.

You also have to make sure that in your audience you don’t have any fake follower, because they will never help you earn anything. 

Your earning from Instagram depends on, how much organic followers you have.?

You have to optimise your Instagram account and make it look like professionally built. So that more people will try to know more about you and your content. 

If you have a good content then you can use relevant hashtags to attract audience.

You have to make sure that you are consistent in uploading your content, it plays a key role in gaining Instagram followers. 

To gain followers you can show your Instagram everywhere in the social media platforms, you can use to grab followers from that place also. 

If you have some money to spend then you can pay some small social media influencers to promote your content, just like brands and other companies do. 

7. How to earn money from Instagram?    

There are many ways to make money from Instagram. Some of the things you can do are:- 

1) You can do affiliate marketing.

2) One who has huge followers can sponsor different brands.

3) You can take licence for your photos and videos and charge for them.

4) You can monetise your account with IGTV.

5) If you know everything about a specific thing then you can charge for consulting people also.

6) You can sell your products also if you have any side business.

7) If the content you are creating was very unique then you can give exclusive membership to people and take money from them for consulting and advice.

Making money on Instagram is not a get rich scheme; you have to put extra efforts, your time and a lot of your energy. 

You have to keep patience if things are not going well as they were supposed to. So have a detailed look about all the money earning strategies.  

What is affiliate marketing? And how to become an affiliate marketer on Instagram? 

 “Affiliate” means to have a connection with any organisation and introduce them to a new organisation or customer, and “Marketing” means to show and advertise your product. 

So Affiliate Marketing is simply a complete system which allows influencers to promote any brand and its services. And in return they get some commission by the organisation after every sale. 

An Instagram influencer who have large number of audience can do affiliate marketing with Amazon, Flipkart or can sell courses of different organisations. 

For becoming an affiliate marketer you only have to get registered by any trustworthy organisation and then you are ready to boom. 

You only have to sell any courses or products and you will get some specific commission on that. The buyer doesn’t suffer from any type of loss or scam, it is a win win deal.

8. What is brand promotion or sponsorship? 

Companies want to increase their sales and for that thing they pay lakhs and crores of rupees to celebrities, but then a different strategy clicked in their minds. 

They started paying social media influencers to promote and advertise their brands. Social media influencers doesn’t charge too much for promotion of their product. 

Companies find out that these social media influencers have a stronger grip over their audience and a better connection is the only thing needed to sell items. 

Generally companies find out that who is famous in social media and then they approach that person. They give their products to them to use and ask them to tell their experience to their followers and also to buy the same thing. 

Now, companies are paying more to micro influencers than mega influencers because the smaller the group is the stronger is the connection with their followers. 

If you have plenty of followers but no one is approached to you yet, then you have to take actions. You have to go to the companies related to your niche and have to ask them to promote their brands with the money you want. 

9. What is licensing photos and videos? And how to licence your photos and videos ?  

As you are a content creator, you have huge amount of followers, you upload uncountable number of photos and videos, then why should you don’t take the licence of them.

If any organisation or brand likes your photographs on Instagram and they wanted to use them to promote their product then they are bound to pay you the amount you specify to use them off you have the licence or copyright of that photograph. 

Simply you can take the copyright infringement of your photos in Instagram and to do this you have to make yourself a Binded account and then you can add #Binded or © symbol to protect the photos you upload.  

And then if someone uses your that photo without your permission then Binded will send you a notice, then either you can take serious action against that or the money from them.  

10.What is consulting? 

When you have a good number of followers, you then teach other content creator your strategies, knowledge, wisdom and experience. You can charge some amount of money from them. 

As an Instagram consultant, you can fix your per hour price and then you can charge according to that from your followers. 

11. What are Instagram Badges?  

Instagram Badges are similar to super chats on YouTube, under this thing when the creator is live on Instagram. Then his/her audience have an option to give them some badges which are worth of some dollars or rupees and show them their support as a tip or as a super chat in YouTube. 

These Badges have some specific milestones related to the amount of money. 

When your followers purchase you a Badge then a heart icon appears next to their username. These Badges once purchased, stay next to the follower’s name until the creator was live.

12.How to earn on Instagram by selling? 

If you run any business, small or big or you sell your own created merchandise, then Instagram serves as a good source for you to earn money. 

You can advertise your own products on your Instagram account and other social media platforms. People who are interested in the same thing will follow you and also purchase from your online store.