Instagram can be a great avenue to earn a living, but that depends only on how to go about it.
I have been asked this question several times; it would be best to write an article on this topic.
In this article, I will be providing you with the means you can monetize your Instagram account with 1,000 followers or above to make some side income from it.
Without wasting time, let us quickly dive into how to start earning with your account.
Sell products.
This is a straightforward way to quickly earn some revenue from your Instagram account. It doesn't matter what niche your account is about or why people follow you.
You can find products related to your account and put them in front of your followers.
It could be your product or someone else product that you are promoting where you earn some commission when any of your followers buys the product.
All you have to do is find a product that matches your followers' interests.
You can easily find many of them from Amazon after you have signed up as their affiliate associate.
Copy the link generated for you when you searched for your product on amazon and paste it into your storyline with the picture of the product.
You earn a commission instantly after someone purchases the product.
Give Shoutout
Another great way you can earn money from your 10k Instagram followers or less is by giving shoutouts.
This is simply using your account to advertise. Since you have the numbers, organizations or individuals interested in marketing their products will be very happy to promote their products by putting the products in front of your audience just as it is done on tv.
The higher the number of your audience, the higher you can charge your clients.
Sell your account
This works perfectly if your account is niche-based. For instance, if the account is in the niche of sports cars and has a vast following, you can easily find buyers interested in buying the account and selling it off at a reasonable price.
Many people solely grow their accounts to sell them in the future when they have amassed many followers.
You can find many platforms on the internet to flip your Instagram account for some good money.
Again the more followers you have, the higher your selling price.
Instagram consulting
Since you already have a large audience on Instagram, you will be familiar with the skills of creating viral content too.
You can leverage that and start an Instagram consultancy business to help other companies or individuals grow their audience and create engaging content.
Individuals or organizations will approach you if they are impressed with your account performance, or you can still contact them yourself.
Look for accounts in your niche and DM them, telling them you can help grow their business or brand's presence on Instagram and teaching them how to create engaging content like your account.
It is as easy as that.
Become an Instagram manager
Another way to earn money with your huge audience's Instagram account is to become an Instagram manager. This might not directly be linked to your account as making money from it, but you can still use it as a reference to manage the Instagram accounts for people who will pay you every month.
Offer your clients a good deal that they will want to give you their account to manage for them.
Once you get more experience managing those accounts, you can move a step above that level by looking for more clients and employing people to work with you to handle those accounts.
Sell digital product
This is the same as selling products mentioned above, but this product is unique.
It could be an ebook, templates—stock images, or guides related to your niche.
This is very scalable because you create just one copy of the product with a digital product and sell it to over one million audiences and still have that product in your name and up for sale.
This is an excellent passive income you can utilize and keep earning money for a long time.
Advertising on IGTV
This is a new trend that Instagram has introduced to its users. IGTV, a video content platform on Instagram, has recently introduced the option of adding ads to IGTV where content creators can use that to monetize their channel and start earning money from it.
So the more audience you have to watch your IGTV, the higher you are paid.
I hope this helps.
If you know any other ways to earn money using Instagram which has not been listed, please share with us in the comment section.
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