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Most popular ways to monetize your Instagram account
Posted on March 25, 2019If you have an Instagram account, then chances are you're familiar with all the branded and sponsored posts from popular influencers. Have you been casually wondering if you could break into that realm, too, and monetize your own Instagram?
You don't need to be a Kardashian to be an influencer on Instagram. In fact, even accounts with smaller follower counts can gain sponsorship deals.
If you want to know the most popular ways to monetize your Instagram, whether you have 500 or 5,000 followers, keep reading to find out!
Way #1
1. Instagram affiliate marketing
One way Instagram influencers can become monetized is by working as an affiliate marketer. The number of followers you have will make a difference, but it really depends on the brands you choose to work with.
For example, if you have 100 followers, some brands may pay you as little as $5 for a post while others could pay out much more, or nothing at all. You'll need to hone your bargaining skills to be successful.
Way #2
2. Follower engagement
Even if you already have that nice, big follower count, if your follower engagement is low, brands will take note and won't be as interested in sponsoring you. If your goal is monetization on Instagram, then you need to keep your engagement rate in peak condition. One new way to do this is with charged communication, which allows for one-to-one interaction with your followers. This is way more personal than just using a comment section!
Callmart is an app that creates the platform for this type of charged communication. As an influencer, you probably have a pretty solid base of followers who love interacting with you and the content you produce. Callmart capitalizes on this in a new way and what's best is you have full control—you set the fee and you choose the time.
Way #3
3. Sponsored posts
A big reason influencers can monetize their Instagram accounts is because of the huge number of products that are sold on the platform. With 1 billion users, Instagram is a hot bed for product promotion and sponsors want all eyes on their products, but it has to be the right audience.
Tip: If you're hoping to get sponsored, think of your Instagram as your resume and keep your theme consistent, and of course, beautiful. You'll want potential sponsors to be able to understand your Instagram personality at a glance to know if you'd be a good fit for promoting their product.
It's time to earn money!
Now that you know the most popular ways to monetize your Instagram account, you can have fun earning money from what you create! If you download Callmart now, you'll get your first three months free!