4 Strategies to Make Money on Instagram In 2022
If you are looking at ways to make money online, you likely have a lot of questions. Not only is it hard to find side hustles that are legitimate, but it can also be a real struggle to get started. It can take weeks, months, and even years to make money on social media - but the money is certainly there to be made, with a little bit of luck and a lot of determination.
Do you want to learn how to make money on Instagram? DoNotPay can help. Read on to learn how to make money on Instagram, how much money it is possible to make on the social media platform, and how DoNotPay can expedite the process of making money on Instagram or any other social media platform you are interested in.
What Is Instagram?
Instagram is one of the most popular social media platforms. It originally functioned as a photo-sharing app, but in recent years, the platform has expanded to feature videos and reels. Many Instagram creators focus entirely on filming and sharing video reels. As with other social media platforms, users on Instagram can like, share, and comment on content shared by other creators and friends.
Many social media influencers make a good living on Instagram. In fact, a 2022 report from Techjury notes that in 2018, an Instagram post was the single most popular content format. In 2020, the influencer marketing industry is expected to reach $10 billion. Based on these numbers, you might be tempted to drop your job and start posting content on Instagram - however, there are a variety of ways to make money by using Instagram, and not all of them are as lucrative as you might think.
4 Ways to Make Money on Instagram
Here are the most popular ways to make money on Instagram:
|Promoting Affiliate Links||If you already have a sizable following on Instagram, you can promote affiliate links on your page. To do this, you would need to align yourself with an affiliate network, which can help connect you to brands that want to work with influencers. Once you have a link to promote, you can add the link somewhere on your page, such as your Instagram bio.|
|Selling Your Own Products||Small businesses can find success on Instagram by creating a specialty business page and selling goods and services. If you have a small side hustle that you want to promote, posting those products on your own personal page is a good way to drum up interest before migrating those followers over to a brand-new page just for your business.|
|Promote Sponsored Posts||Many brands and businesses turn to Instagram influencers to help them promote a product. Sponsored posts are a great way to earn extra money, especially if you have a lot of followers on Instagram. One thing to note before you get started with sponsored posts is that the Federal Trade Commission (FTC) requires full disclosure for sponsored posts on Instagram.|
|Offer Social Media Marketing Services||If you don't want to post sponsored content on Instagram, you can become a social media marketing assistant. Many brands want to have their products represented on Instagram but might not have the knowledge to do the posts themselves. This is where you can help, especially if you have previous social media management experience.|
How Much Money Can You Make on Instagram?
How much money you can make on Instagram varies wildly on a number of factors. For sponsored posts and brand deals, the following things might influence how much money you make:
- The number of followers you have.
- How long you've been an established presence on social media.
- How much time do you have to devote to creating and refining content.
Influencers can make anywhere between $88 - $100,000 for sponsored posts and content. Social media marketing assistants might make anywhere between $45,000 - $150,000 a year, depending on a variety of factors.
Summary of Making Money on Instagram
There's a lot to consider when you start to think about turning to Instagram to launch a side hustle. Here's a summary of important things to note:
- There are multiple ways to make money on Instagram.
- The method you choose to make money should depend on how much time you have to devote to the platform.
- If you have a small business, Instagram is a good venue to showcase your products.
- If you have a lot of social media followers, you could make a lot of money.
DoNotPay Helps You Earn Extra Cash
Launching a career on social media can be time-consuming and confusing. If you want some help making money online, let DoNotPay help show you the way. Get started with these three simple steps:
- Log in to DoNotPay and head over to the Make Money Online product.
- Select which option you’re interested in from our list.
- Complete the chatbot to start earning extra cash!
What Else Can DoNotPay Help With?
Now that you know how to make money on Instagram let DoNotPay help with other ways to make money online. Here are some avenues to consider:
- How to make money on Coinbase.
- How to make money on your phone.
- How to make money on your computer.
- How to make money on the stock market.
- How to make money on the internet.
- How to make money on the weekends.
- Apps you can make money on.
- How to make money on Robinhood.
- How to make money on the side.
- How to make money on social media.