Once just a photo-sharing app, Instagram has become one of the top social media platforms in less than seven years. Its user base has doubled in the last two years to over 1 billion users. Interest in Instagram from users and businesses has grown tremendously over the past few years, and I doubt that it will be slowing down anytime soon.
In this article, I’ll show you five proven money-making strategies for Instagram, and go over a tool called SocialMeep that can help you get more Instagram followers. I like to keep my articles thorough with concepts that are easy to understand. Even if you’ve never heard of Instagram, you’ll walk away with actionable tactics to make your first dollars from Instagram within a month.
The Opportunity To Make Money On Instagram
Millions of people use Instagram as a way to generate money for their side hustles or hobbies. But how exactly are they using Instagram to do this?
I’ve explored various use cases for Instagram, and I’ve found that you can launch an independent business using Instagram alone (no website required). If you already have a site that gets traffic, Instagram can be a great supplement to take your business to the next level.
Before we jump into specific strategies, let’s review a few prerequisites for making money.
Reach And Influence
Businesses pay money to an Instagram user to get exposure to their audience, hoping that they’ll generate sales from their followers in the process. If you only have a few hundred or a few thousand followers, your content won’t get in front of many people, let alone drive sales for your or a brand’s product.
One way to get around this hurdle is to use an automation service like SocialMeep to grow your target audience reasonably quickly at a beginner-friendly price-point. Opposed to spending thousands of dollars on Instagram ads to build your audience, automation tools do the same job for a fraction of the cost – and when bootstrapping your business, saving money matters a lot. Later on in the article, I’ll cover all the benefits of using SocialMeep as a powerful tool for getting more Instagram followers.
Sure, having more followers looks good at an initial impression, but if these followers are not targeted and don’t interact with your content, they are worthless. Many people go wrong; they buy followers for cheap and find that they don’t engage, which does more harm than good, especially in the eyes of a potential partner.
As I mentioned before, this is where SocialMeep can help. SocialMeep let’s you grow a very defined and targeted audience instead of buying random followers or spending hundreds of hours trying to gain them yourself.
Complete Profile And Page
I assume if you’re reading this article, you’re conscious of the importance of having a legitimate-looking Instagram account and content. A well put together page includes things like having a readable username, profile name, completed bio, and links.
When it comes to content strategy, please keep it simple. Post-high-quality content as often as you can. Use a service like Buffer or Sproutsocial, which lets you schedule posts ahead of time.
Now that we’ve gone through the basics, let’s dive into how you can use your page to generate money from Instagram.
Instagram Money Strategy #1 – Sell Your Photos Or Videos
Stock photography is a vast market, and businesses are always in need of creating image assets. You can turn your Instagram profile into a portfolio of your work and pitch it to brands and businesses via DM.
Instagram Money Strategy #2 – Sponsored Posts
One of the most lucrative methods of converting your Instagram audience to money is to do sponsored posts. With an engaged and fast-growing audience, you can earn hundreds or thousands of dollars from a single post.
There are a couple of ways you go about making money from sponsored posts on Instagram.
- Authentic Approach – You post pictures and videos, showcasing your interests, personality, and hobbies. As you share content and your influence grows, relevant brands will approach you.
- Develop a persona – Since you know that sponsored posts are lucrative, you can build a persona around profitable niches. From there, you post high-quality content with long-form captions and a hashtag strategy relevant to a target brand’s audience.
Instagram Money Strategy #3 – Promote Your Own Business
Selling your products and services to your followers has arguably the highest return on investment out of all the different strategies. You’re in control of everything, and most importantly, you control your bottom line.
Now that you’ve got the concepts and strategies down, let’s take a look at an Instagram growth tool that can speed up the process of getting more followers and ultimately more money.
What Is SocialMeep And How Does It Work?
SocialMeep is a software tool that grows your followers automatically using AI-Powered Automation. Just set up your filters and you’ll start getting more Instagram followers in your target niche within a few hours.
It’s a great asset alongside tools like post schedulers and content creation software. Making money on Instagram is challenging, but tools like SocialMeep make the journey easy.
I hope these three strategies are helpful as you start or scale your business on Instagram. If you have any questions or have a strategy that worked for you that you’d like to share, please reach out, I’d love to hear from you.
If you are interested in even more social media-related articles and information from us here at Bit Rebels, then we have a lot to choose from.