How to make money online 1: Instagram
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We are in the era of communication, people today use the internet for many aspects of our life; entertainment, learning and shopping. Also millions of people earn money through the internet and live on it. So, asking ourselves how to make money online is inevitable, and it is very likely that in the future it will be absolutely necessary.
Have you heard of instagrammers who make money through this application? Well here we will tell you how you can make money with Instagram.
Depending on Instagram's unique content brand, audience, and level of engagement, you can earn money on Instagram in the following ways:
1. Work with brands in sponsored posts
2. Become an affiliate
3. Open your own online store
1. You can monetize Instagram by being an influencer.
An influencer is basically anyone who has built a reputation online by doing and sharing amazing things online. For their audiences, influencers are trendsetters, trendsetters, and trusted experts whose views on certain topics are respected.
Many brands just can't compete with that, so they partner with influencers in sponsored posts that help spread the word about their products.
But it's not just the size and reach of your Instagram account that brands want, it's the trust and engagement of your audience with your content.
It can be difficult to balance your income as an influencer and your integrity as a creator, but if you don't depend on your Instagram marketing income to stay afloat, you're always free to be selective about the brands you work with, as brands will be selective about the installers they work with.
These influence offers typically involve content creation (Instagram ads, post, video, or story) and will sometimes include permission for the brand to use this content on their own site or in an ad.
Most of these deals are negotiable and can include a single post or a full campaign for a fee, a free product, a service, a gift, the promise of exposure, or some combination of these.
You have to know that when negotiating you not only offer content, but also access to your audience; a potentially large reach on one of the most popular social platforms, and usage rights.
In a poll of 5,000 influencers, about 42% said they charged between $ 200 and $ 400 per post, this is an idea of what some brands are willing to pay and how to trade based on the cards they have.
Finally, as an influencer it is important to also know your own audience.
What is the composition of your audience and what is their participation rate (total participation divided by their number of followers)? You can dig up numbers to back this up in their Instagram Analytics report. This will help you be prepared when it is time to negotiate.
How to find brands to work?
If you have a large following, brands are likely to find you. But you can also look for brands to work with that are at a similar level in terms of personality and values, so that their audience doesn't feel like you're "selling yourself."
You can contact them directly to try to reach an agreement, but you can also include yourself in one of the many influential markets that exist to increase your chances of being discovered, including:
Fohr. Connect your Instagram, blog, YouTube channel and other social platforms to create an influence "card" that shows your different profiles and full reach for brands that buy an association. You can also access a list of brands and their wishes, so you can take the initiative to communicate as well.
Vine. If you have 5,000 or more followers, you can sign up for the Grapevine Marketplace for a chance to work with like-minded brands.
Crowdtap Complete small content creation tasks to earn rewards. This is great if you have a smaller audience. Available only in the US USA
indaHash. Brands publish campaigns in which you can participate. Post an image with the specified hashtags on Instagram and receive your payment. You need at least 700 committed followers to be eligible.
Rules vary when it comes to sponsored content, but to be safe and respect your audience's trust, consider adding a sponsored # hashtag to indicate sponsored posts.
You can find examples of sponsored posts and how Instagrammers integrate brands into their story or caption by searching for sponsored # on Instagram.
2. Become an affiliate.
Unlike an influencer, an affiliate is more involved in making sales for the associated brand , not only raise awareness, in exchange for a commission.
This is typically done with a trackable link or a unique promo code to ensure clicks translate to sales. Since Instagram doesn't allow links outside of your bio yet, you can only focus on one product at a time if you choose to trust affiliate links, making promo codes a better choice for Instagram as you can actually embed them in your posts. Also now you can add links to Instagram Stories to open new income opportunities as an influencer.
Consider contacting one of the many online merchants that offer affiliate programs. Or you can explore popular markets like:
ClickBank. An affiliate platform with a tiered commission that is open to everyone.
Reward Style. An invitation-only lifestyle and fashion influencer network offering 20% commission
Amazon associates. A popular option that pays a 10% commission.
Although it sounds like a numbers game, affiliate marketing is also an art, and you will have a better chance of success if you have a plan and expand your online presence to include a website and other marketing channels.
Important tip: Affiliate links can be long and ugly, so a "URL shortener" is recommended, especially if they go to your Instagram bio.
3. Open your own online store.
Creators of all kinds are in a good position to "sell" on their own products: physical goods, services, or digital items that can be an extension of your brand, building a business with an audience at its core.
You must invest some time up front, but in today's world, it's almost natural for creators to make the leap to entrepreneurship. That is getting easier with the growing list of Instagram tools available to create an audience.
By selling your own stuff, you don't need to worry about integrating messages from other brands into your publishing strategy. Better yet, you can get your own brand on the products you sell.
Some ways to sell your own products:
You can use a print-on-demand service to print and ship your own T-shirts, pillows, coffee mugs, wall art, and more.
You can sell services like photography or consulting using your bio to direct interested people to a contact email or a link to your website.
You can sell digital products like courses, e-books, or design templates.
You can use your Instagram account to start a business that sells your own original products, or your own book.
If you plan to sell multiple items in your own Shopify store, you can also make purchases through Instagram on your website using one of the available Instagram gallery applications.
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