Description
How to make money on Instagram - 7 ways that WORK
In this video, I'll cover 7 ways that you can use to make money on Instagram. Some of them require you to build a following first and some require you to learn Instagram inside and out.
If you want to learn how to attract more followers and turning your Instagram page into a business, check out the Free Training.
https://howfinitycourse.com/instagram_masterclass
Here are the 7 ways to actively or passively make money on Instagram.
Remember, even with passive income, you have to do the work upfront.
Selling shoutouts
This is where you build a page around a very specific topic or niche and get paid for allowing posts from other people or businesses on your page.
You can basically make money when individuals or businesses pay you to post their content on your page.
This will help the business sell a product or service in exchange for money.
You can use services like Shout Cart if you are not sure how to find people to pay you for shoutouts.
Remember, you need to build a very focused profile, otherwise known as a theme page.
You can have shoutout packages and divide up shoutouts as feed posts, story posts, IGTV posts, link in bio, and charge for limited or permanent posts.
Affiliate marketing
Affiliate marketing is one of the most popular ways to make money online.
You can simply post about a product you love and when people click and buy that product, you make a commission on the sale.
To become an affiliate for a product, service, or business, simply google the name of the business and type affiliate program after it. A lot of companies have an affiliate program including Amazon.
Promote your own product and services
If you already have a product or service, this one is very easy to implement. You simply promote your own product and service with a post.
If you don't have a product, you can design t-shirts or you can create a course teaching something you are knowledgeable about.
Become a social media consultant
To become a social media consultant and help other people and businesses use Instagram to grow, you have to master Instagram. Learn everything about growing an Instagram page first. Learn how to help a business get customers with Instagram. Then you can offer this to a few people for a very low fee to get some testimonials. Use those to expand your business and attract more customers.
IGTV monetization
Getting paid from Instagram through IGTV. This one is still not widely available. But at some point, Instagram will pay to run ads on IGTV videos. These are 1-15 minute videos on Instagram and meant for long-form content.
Content Creation
Make content for other creators/business using Canva, Photoshop, InVideo.
A lot of small businesses don't have the resources or time to create content and keep active on Instagram. You can offer that service and help them create that content they can then post.
Social Media Agency
Learn how to run Instagram/Facebook ads and offer this as a service.
Transcript:
How to make money on Instagram - 7 ways that WORK
Hi everyone. In today's video, I want to show you seven different ways that you could use right now to make money on Instagram. Some of them require you to build an Instagram following, or if you already have a following, you could implement these and some other ways are going to require you to really understand Instagram.
So you could actually use that knowledge to make money on Instagram. And in this video, I'm not going to focus on how you would go ahead and build a following and grow your Instagram. I have full training on that, and I'll put that in the description below this video. I also go more in detail about monetizing your Instagram profile in that video too.
So make sure you check that out and everything I'll mention throughout this video, I'll try to put links for those in the description as well. Let's jump in. The very first way and the most popular way to make money on Instagram is by selling Shoutouts. This is how selling Shoutouts work. You first have to grow a page on Instagram on a specific niche or topic.
These are sometimes called theme pages. For example, you could build a page that shows fitness models. And it's dedicated to fitness. You could show a page dedicated to motivation using motivational quotes, any number of things that have a very specific focus. You could grow page on Instagram around that.
So you have to do that first. So that does take some time to get to that level. Again, I cover all of that in the video below. And then once you do, you could sell Shoutouts, meaning someone will give you money. And in exchange for that money, you put a post on your page for a certain amount of time. For example, someone gives you $20 and you promote their product or their business with a post day create and put that on your page for 24 to 48 hours.
That is very active. You have to build an Instagram page and you have to constantly look for shout outs and people are not going to reach out to you for shout outs, unless you get at least 10,000 followers, but there is a website called Shoutcart, and I'll put a link to that in the description below where you basically post your services there, that you do shout outs and people could buy directly from there and they take everything for you.
So you could do that to start once you grow a page to a substantial amount of followers. What's great about this too. You could package this. So maybe on the feed portion of Instagram, you could do shout outs there for a specific amount of money, but maybe you could do Instagram story posts. And once you get to 10,000 followers even sell the swipe-up link that lets people go to a different website.
Those are very valuable. You Could use IGTV, Instagram reels and kind of craft a package together for different businesses and individuals to buy from you for different parts of Instagram. As you know, Instagram is many different things beyond just a feed and story. The second way to make money on Instagram is through affiliate marketing.
And this is one of the most popular ways to make money on the internet. Sadly, it does get a bad reputation because people become affiliate marketers for some really scammy products. So this is ultimately how affiliate marketing works and how you could use it on Instagram. All you do is create a post on Instagram or a video, for example.
And in that post, you promote a product or a service that you really love. And when people click your link, the link in the bio or swipe uplink, if you have 10,000 followers, And go to that website and buy that product and a service that company pays you a portion of that. For example, here on YouTube, I do that with Tubebuddy.com and they give me 50% commission every time someone becomes a paying member. Almost every company out there has an affiliate program. So you can basically go to Google. Type out the name of your favorite company that you think fits with your Instagram profile and then type in the word, affiliate marketing, or affiliate commission after that and find their affiliate program.
I have an affiliate account with a lot of different companies. And one of my favorites is Amazon because with Amazon, you could basically sell just about anything. And Amazon gives you a portion of the commission. It's very low. So you will need some volume to make substantial money, but it's really easy to make a little bit of money using Amazon associate program, which is their affiliate program.
Just to give you an example for this, you could build an entire Instagram profile about the latest tech and camera equipment posting all the time about what's about to come out or what's getting released. And in some of those, you could have an affiliate link in the story section of Instagram. Or you could in the description, say affiliate link in the bio and people will go to your bio and you will change out that bio text, the one link you have on Instagram that anybody gets since day one, you would change that from time to time.
People will click it and go there. So that's a great way to make an affiliate commission on Instagram. The third way to make money on Instagram is by selling your product or your service. Even if you have nothing to offer, you could still come up with a product and a service that you could sell on Instagram. For example, you could sell a product that's a t-shirt on Instagram using a whole different company called Teespring to make that. Let's say you make an Instagram profile page that's for creative artists. Then you would go on Teespring and design shirts that maybe those people would want to buy. You put the link to that Teespring account on your bio. And every once in a while you create a post promoting your t-shirt business.
So even if you have nothing to sell right now, that's one way to create a product for yourself that you could sell. There's a number of other ways you could do it. The way I use it is I have paid courses on a number of different things from Instagram to YouTube, to Photoshop. I promote those on different Instagram profiles.
Sometimes I buy shout outs from other people even to promote it on their profile. And when people buy that course through that link, I make money. In some cases, I even pay out an affiliate commission to the people that helped me sell on their Instagram profile but selling a product like that's digital, selling physical products like t-shirts. Or selling services, which I use my main profile for a lot of times to sell video production services. I create promotional videos for bigger businesses and brands to use on Instagram. I used to do this mostly for TV spots on TV commercials, but now with Instagram growing a Facebook growing, I created a lot of Facebook ads and Instagram content for brands that they spend a lot of money to create.
That gets a lot of eyeballs. So I use that service and I promoted on Instagram to get clients like that by really building a page that has a substantial amount of following. Then I could use that link from time to time to change it sometimes using it, to grow my YouTube channel, but a lot of times using it to get people to my website, to buy from me my service, which is video production. Tip number four, and one of my favorite ways, because you actually don't need to build a substantial following to do this is becoming a social media consultant.
All you need to do is learn Instagram inside and out. Watch every video. I have over a hundred free videos on this channel. For example, I have paid courses on this topic where you can learn all about growing an Instagram channel and then learning how to monetize and market and advertise with that channel, running Instagram ads, you learn all of that.
And then you use that knowledge to become a social media consultant for other people. Once you learn this, you would do this for a couple of people for a very low fee, or even for free, get them some results. Use that as an example, and then reach out with direct messages to other businesses that you think are doing a poor job on Instagram and offer your services.
You can make as little as $150 a month doing this. If you're just doing this for individual creators, or you could make as much as 1000 to 10,000 a month, some companies are charging to run entire Instagram profiles for bigger businesses. So you want to gradually build this out, reach out to people that you think you could help that are very small.
And then offer them a very low fee to kind of get your foot in the door. And then you could build that out from there and become a real social media consultant and charge big brands if you really could bring them value on Instagram. Number five is in the testing stage. So it's not quite available to everyone, but I think it's going to be one of the easiest way.
And one of the clearest cut ways to make money on Instagram and that's by Instagram, paying you for posting videos to IGTV. Now IGTV came out in 2018 and it's been around for a little while now, basically, IGTV lets you post videos that are more than a minute long and less than 15 minutes long at the time that I'm recording this, the way to compete with YouTube.
And if you didn't know, YouTube actually pays you for running ads on your videos at a certain point. So my channel on YouTube gets paid every time that an ad runs in front of that video. And throughout the month, as I rack up more views, I get paid more. Now IGTV is kind of testing out the same model and probably will roll it out next year to more and more creators.
And eventually, it's going to be a thing that IGTV does, but again, it's in a testing stage, but I wanted to bring it up because it will be a very clear cut way to use IGTV, make long form videos, still use your regular Instagram feed and stories. But really start working on IGTV videos, which are the type of videos you would create on YouTube, except you would make them more vertical with the way the format of Instagram TV works.
So start learning IGTV, think of content that's more long-form over a minute long and see how you start growing your IGTV right now. So when they monetize it and start paying you for those views, you're ready and ahead of other people. The sixth way to make money on Instagram is actually you become a content creator for other people.
Lot of people can't stay consistent creating content on Instagram. So what you could do, and in the meantime, you're doing this for your own Instagram page anyway, is learn Canva, learn Photoshop and learn quick little video creation platforms like in video and Placeit and use that skill to make content and see if other people will pay you a little bit of money for that content.
If you do this on an ongoing basis for someone, for example, and promise them daily content. You could actually make some decent money. Through my video production company for example, this is all we do for big, big brands. We create video content for them completely from scratch on location. And that's a substantial amount of money that could come in through that.
I'm not talking about doing it at that scale. I'm just talking about doing it for smaller businesses. Restaurants. And individual people that have Instagram pages that can't keep up with it. And you're going to offer them a very reasonable package, starting very small, maybe creating five videos a month for them, or maybe 10 different posts for their feed, for them using Photoshop or Canva.
And that's a great way to make money. Again, all you have to do is have some good samples, learning those platforms, make some good samples, reach out to those people on direct messages with a very clear offer. I will make you five videos a month like this for this much money, however, you want to charge for that.
And that's a great way to make money on Instagram. And the seventh way to make money on Instagram is by learning Instagram ads, which are also Facebook ads, Instagram, and Facebook are the same company. Facebook owns Instagram. So all the ads that you create on Instagram actually happen on the facebook.com ad platform.
So you basically learned that. And I have other videos about that, that I'll link below. Once you learn that, you could create a social media agency, not just being a consultant, but you could run ads now for other people. This is a huge, huge market. Everybody that runs a business should be running as our Facebook and Instagram because each of those platforms has over a billion users. Where eyeballs are, is where you want to be as a business, or even as an individual creator.
So, if you learn how to run ads to grow anybody's social media presence or their business, that is going to be extremely valuable and people will pay top dollars if you really learn that skillset. So make sure you learn Instagram or Facebook ads. Again, watch the free training on that. And then you could, again, promote that through direct messages.
Have a nice clear package, how much that's going to charge. Maybe at first, only charged for the ad spend and not your time. And then as you learn how to create assets, like those videos and photos, I mentioned for Instagram, and then you also learned how to become a social media consultant, you can really bundled those skills and make money on Instagram, multiple different ways.
So ultimately it's really simple to make money on Instagram because that's where the eyeballs are. That's how television has worked for the longest time. You simply pay as a brand to run your commercial on a show. Now you're doing the same thing on Instagram. You build a following, that's your station or your Instagram profile.
And then people want to advertise on there using shout-outs or a number of other things that I mentioned in this video. And through that you make money. It's very straightforward. I just think it gets a bad reputation making money on Instagram because it's not as clear cut and people promote things like selling accounts, which is clearly against Instagram's term of service or doing weird things to grow their accounts and using bots. Again, everything against Instagram service don't do. Just look up if something that you learn online is against Instagram's terms of service. If it is, don't do it because you want to build a long-term following on Instagram, which actually has some value that you're promoting things that you care about.
Don't do shady affiliate marketing deals. Really do it for companies you care about and the products that you've tested out, that's how you really become successful using Instagram or really any social media platform in the future to make a living. I know we covered a lot in this video and I hope you find it useful, and you're going to start implementing some of those things slowly to start making some money on Instagram. Make sure you check out all the links below for more resources. And please give this a thumbs up if you find it useful. And again, watch hundreds of other videos on this channel. And I hope to see you next time.