Becoming insta-famous may appear simple, but the truth is, it can be pretty demanding to be an Instagram influencer. But if done right, you can leverage your influence and follower loyalty to make serious cash money.
Budding social media influencers need to learn how to earn money from Instagram first before venturing into the ocean of influencer marketing. Especially on Instagram.
But you want to do it right . . .
If you are wondering how to gain more followers on Instagram, get paid, and become insta-famous, you definitely stumbled upon the right article.
Once you learn how to earn money from Instagram and leverage your influence for maximum engagement, you can land lucrative paid post gigs from brands. The following how to earn money from Instagram tips and become insta-famous may prove valuable.
From growing more followers and increasing that engagement rate to landing those money making brand sponsorships, keep reading to build your Instagram empire.
Having more followers on Instagram is definitely a great way to become insta-famous. However, you may not need as many followers as you think to grow your influence and start making money as an Instagram influencer.
Instead of focusing on specific follower count, it may be easier to gain more followers on Instagram by focusing on simply growing your influence and following. Did you know that you can make money with less than 2,000 followers?
Engagement rate is also generally higher among influencers with less followers . . .
Having more followers is better. As long as they are engaged, loyal followers that ensure your engagement rate is high. Let’s take a look at a few other insta-famous factors:
All the above can make a big difference in your ability to become insta-famous. If you look at mega-influencers on Instagram, you will see that they combine a number of tactics to grow their following and earn money consistently.
Ready to learn how to earn money from Instagram? Let’s deep dive into a few major money making strategies that work for dedicated influencers.
One of the most lucrative influencer strategies is affiliate marketing and affiliate links. Affiliate marketing is certainly nothing new. However, many new and budding influencers have yet to leverage this money making influencer strategy.
What does affiliate marketing look like exactly for Instagram influencers? Affiliate marketing and leveraging affiliate links in Instagram posts is a backdoor way to making money by sponsoring branded products and/or services. It looks like this . . .
This influencer is all about sharing new fashion products with her followers. Once an Instagram user clicks through to the products, they will be redirected to the product page of the brand.
When a purchase is made via the influencer’s unique link, the influencer gets a percentage of the sale. It is normally around 3-10 percent depending on the brand. This can add up if a few hundred make a purchase.
Influencers that promote big ticket products and/or services can make a ton of money via affiliate links.
Where do you start as an influencer looking to leverage affiliate links via Instagram to make money? This is a potentially million dollar question, if you get serious about affiliate marketing as a social media influencer.
You first need to get approved as an affiliate on one or more affiliate marketing platforms. These platforms include Awin, Impact, FlexOffers, Rakuten, CJ.com, Amazon Associates, Walmart affiliates, and more.
It is always good to get approved on a few different platforms, because different brands use different platforms. This gives you more products and/or services to promote and make money from.
If you want to make serious cash money as an Instagram influencer, you will need to connect with brands and marketing agencies for paid post sponsorships. This is the top way to make as much money as a social media influencer as possible.
According to eMarketer, an influencer on Instagram can make between $40 to $3,000 depending on the type of influence one has, and the type of content that is posted (video, Stories, image).
Brands and agencies that represent brands definitely want your influence. Influencer marketing is no longer a buzzword, it is a high ROI marketing strategy. Here’s an example from Instagram micro-influencer @sweatandtell . . .
This paid post is a collaboration between @sweatandtell and Almond Breeze. This is exactly how it is done when it comes to how to earn money from Instagram and become insta-famous.
It can be difficult, however, to attract brands to your Instagram page. It takes a lot of legwork to get to the brand gatekeepers controlling the influencer marketing budget. You first need to make a list of brands that fit your niche.
Then you need to pitch them. Pitching a brand includes sharing your profile, follower count, engagement rate per post, and the highlight reel of your best posts. Video posts and Instagram Stories are useful when pitching brands.
There is also an easy way to connect with brands and agencies looking for influencers like you. By partnering with a reputable influencer marketing platform, like Scalefluence, you can gain access to brands in your niche. This makes landing those profitable paid post contracts simple.
The time has never been better for influencers to leverage their creativity and sway over the social media masses to make money. Serious money. The above serve as the most profitable ways to make money on Instagram. There are other routes, but the above are the best.
Do not wait to begin your journey to Instagram influencer greatness. If you want to get a head start and maximize your influence to make as much cash as possible, it is time to partner with Scalefluence, a premiere influencer marketing platform getting influencers paid.
For Bloggersby Sherry Gray July 18, 2021