How do you make money with 10k followers on Instagram?

If by now you’re wondering how many followers you need to make it happen, the short answer is “not as many as you think”.

Instagram has become an insanely popular channel for brands to promote their products. In fact, Influencer Central found consumers consider Instagram to be the sixth most effective at influencing their purchasing decisions.

There are various ways to start earning money on Instagram. But How ?

Depending on your unique brand of Instagram content, your audience, and your level of commitment, you can make money on Instagram in the following ways:

• Doing sponsored posts for brands that want to get in front of your audience.
• Becoming an affiliate and making a commission selling other brands’ products .
• Creating and selling a physical or digital product, or offering a paid service.
• Selling your photography.

maybe you ask that how can we find brands and sponsors?

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You can reach out to them directly to try to work out a deal, but you can also list yourself on one of the many influencer marketplaces out there to increase your chances of being discovered:

• Shoutcart : Sell a “shout out” to your audience on behalf of a brand, regardless of how large your following is. Browse through thousands of influencers and choose by category, audience size, follower demographics or simply search by keyword.
• Fohr Card: Connect your Instagram, blog, YouTube channel, and other social platforms to create an influencer “card” that shows your different profiles and total reach for brands shopping around for a partnership. You also get access to a list of brands and their wants, so you can take the initiative to reach out too.
• Grapevine: If you have 5000 or more followers, you can list yourself in the Grape Vine marketplace for the opportunity to work with like-minded brands.
• Crowd Tap: Do small content creation tasks to earn rewards. This is great if you’ve got a smaller audience. Available in the U.S only.
• indaHash: Brands put up campaigns that you can participate in. Post a picture with the specified hashtags on Instagram and get paid. You need 700 engaged followers to be eligible.

Other ways are :

Read: INSTAGRAM GROWTH WITH HASHTAGS 

Work With Brands on Sponsored Posts

It’s no surprise you want to become a paid Instagram influencer — heck, the average price for a sponsored Instagram post is $300, and if you become more successful, like yogi Rachel Brathen, you could be making $25,000 per post.

But the idea of getting your posts sponsored might seem laughable to you. You’re not posting pictures skydiving in Australia — you’re posting pictures of your brunch. However, you could be more marketable than you think.

How to Get Sponsored on Instagram

• Define your brand.
• Know your audience.
• Post consistently.`
• Use hashtags and geotags.
• Tag brands in your posts.
• Include contact information in your bio.
• Pitch paid sponsorships.
• Know your worth

Become an Affiliate

One of the ways in which influencers from all industries are trying to monetize their social media influence is through Instagram affiliate marketing. With Instagram becoming so popular globally and having an active and engaging audience, Instagram affiliate marketing is one of the top ways in which influencers can monetize their social media followings — Checkout Neal Shaffer’s post about how to do Instagram affiliate marketing.

 Access Now: How to get 100k Followers

Open Your Own Online Store

Instagrammers are shoppers. Iconosquare’s 2015 Instagram study shows that 70% of IG users report having already looked up a brand on the platform. Plus, 62% of users follow a brand just because they like it!

If you post the right Instagram images, consumers soak up your marketing message without any hard sales pitches from you; hence, your magic spell for appealing to customers without “selling to them.”

Sell Your Account

Although Instagram’s terms and conditions strictly forbid users to “buy, sell, or transfer any aspect of your account (including your username),” accounts like these are sold on Facebook pages, in Instagram direct messages, and even on dedicated online marketplaces across the world. A single account can sell for thousands of dollars, depending on the size of its follower base. And an entire economy — of buyers, sellers, middlemen, professional flippers, and marketplaces — has sprung up around Instagram accounts.

Read: Instagram Growth Hacking 3.0 

 

So, how many followers should you have to start making money on Instagram?

If you are wondering how many followers you need to do it, the short answer from Social Media Combo’s CEO, Imel Seda, is “not as many as you think.” Social Media Combo is a popular page among influencers who use their services to buy Instagram followers to artificially inflate their number of followers and likes and its been around for years.

The long answer depends on many things:

• How engaged your Instagram followers are (100k fake followers can’t do anything for you)
• What industry and niche you are in and how quickly you can get into a product category (beauty, fashion, food, and fitness are the popular ones)
• Which revenue channel you want to explore?

The more engaged followers you have, the more money you can make. While top influencers make thousands per post on Instagram, even those with a less but engaged following have the potential to make some cash.

Below is “The Ladder Of Influence” which according to Socialyte is what you can probably earn per post according to the number of followers your account has. The image below is from Confessions of an Instagram Influencer . I hope that you find it useful.

There is a world full of opportunities out there on Instagram for you, all you need to do is getting to a reasonable level of followers and engagements and build a strong relationship with your audience, to make some extra cash. There is always some room left for your creativity, change your perception of online marketing and find something new to make money from on Instagram.

What is your creative way of making money online?

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