Instagram Hacks: How To Make Money on Instagram
May 1, 2019
Managing to build up your Instagram account so you have thousands of active and engaged followers is a difficult feat, and one to be proud of, but how do you take it to the next level and start to make some money from all your hard work? Here are five hacks for making money from your Instagram account.
Hack #1 – Sponsored Posts
This type of money-making scheme involves finding brands to sponsor you to post on behalf of their brand or product. It highlights a particular product, and likely includes branded hashtags, links and @mentions. It doesn’t always have to be as an official ‘brand ambassador’ as companies will do this on an ad-hoc basis. If it works well, they are likely to ask again.
In order to get the ball rolling, figure out which brands to approach by using websites like TapInfluence or Ifluenz which will help you find campaigns and products matching well to your account. The next step is approaching the brand or campaign and offering your services.
Hack #2 – Affiliate Marketing
Affiliate marketing on Instagram is similar to the affiliate posts you’ll see on people’s blogs. It’s where you create an Instagram post around a specific product and try and drive sales through your affiliate link. Companies you can use for affiliate links include Sharesale, Ebates and Stylinity. It’s pretty simple, if people click through and make a purchase, you receive some of the profits.
This is great for posts like ‘Shop the Look’, hotel reviews and craft projects. Anyone can get involved with this, simply post the link to your bio and direct users there in your post caption.
Hack #3 – Create an Online Store
Selling products relating to the theme of your account is a great way to make money on Instagram. The rule of thumb with promoting your own products is that for every post you make promoting your products, the next shouldn’t be sales posts. Your business can be showcased just from a more human side rather than as a sales pitch. This is exactly what makes Instagram marketing so successful, people don’t feel bombarded by soul-less salespeople, they feel like they are interacting with real people, some of whom happen to sell things.
If you don’t currently have an online shop, you could start out simple and open up a store on Etsy to sell your products.
Hack #4 – Sell Your Account
If you’ve grown sick of Instagram and want to make a quick buck before closing your account, consider selling it instead of closing it. There are some websites like Fame Swap and Viral Accounts that help you out with this. Bear in mind that once this is done, you’ll no longer have access to your account, it’ll belong to someone else!
Hack #5 – Sell Your Photos
When you break it down, Instagram is all about showcasing your photos. Whatever your goal is, you have to have excellent photos to achieve it through Instagram. With this in mind, why not consider selling some of your photos to make some extra money?
Start by adding a watermark to all your photos, and add in selling details to your captions. From here all the usual rules apply, use the right hashtags to get noticed by the right people and post consistently. There are also quicker ways of selling photos through websites such as Twenty20 and Community Foap, where you simply put your Instagram pics up for sale. Brands will use these for campaigns they want real-world shots from real people.
These five hacks should give you some inspiration on how to turn your Instagram account into a money-making business. There are different ways to make money, and maybe not all of them are suited to your brand but at least one of these hacks should be a good fit for your account to start making some money.