Sadly, there’s no security in a job, even those with a six-figure salary. Which is why many successful men urge to be innovative and never rely on one income stream? However, with the unprecedented advancement in technology and virtual communication, a business-minded man should consider it an OPPORTUNITY and start making bucks out of it. For example, ever since Facebook bought Instagram, it has managed to bring a lucrative income to influencers’ pockets. The top ones earn millions for a single post. And for the one who wants to make a fortune or a second income stream through it, here’re are the foolproof ways to help individuals make a passive income from Instagram.

How many followers do you need to start earning from Instagram

It is a common question that everyone who wants to kickstart their journey on Instagram may have in mind ‘how many followers do I need to start making money from the platform’. The short answer is to bring revenue; you don’t need as many followers as you think. Many Influencers buy active Instagram followers to get a sizable following. Of course, it would be best to have at least 10,000 followers, but the key to earning money from the platform is to have a high level of engagement that is gaining more likes, comments and views on the content you share on your feed or stories. 

How much do top influencers make on Instagram?

We call top influencers Cristiano Ronaldo, Ariana Grande, Dwayne Johnson, Kylie Jenner and Selena Gomez, all they have over 200 million followers on Instagram. Most of them take a million for a post. At the same time, a celebrity or brand with some million followers generally earns somewhere between $700 per post. The amount per post is likely to increase when followers and engagement increase. Buying Instagram followers in conjunction with working hard on content strategy is the best strategy to get started. However, be selective in terms of niche, don’t post random, know what your target audience wants and then post accordingly. 

How to make money on Instagram?

The earning is contingent upon the unique brand of Instagram content, target audience, commitment level and how much the fellow influencers of your niche are being paid already. Here’s the list of tactics you can use to get paid on Instagram. The best part is, chasing one stream does rule out another. 

• Earn via sponsored content 

You may have already heard about ‘influencer’ as the word is creating a lot of buzzes. The term ‘ Instagram influencer’ means a person who has built a worth in an online community, primarily a massive and hyper-engaged community. You can also acquire Instagram followers and get sponsored posts as it is the fundamental way users can cash in on their accounts. So the question is, YOU being a new influencer, how can you find a sponsor? Most brands will reach out to you on their own if you can’t wait. Better get in touch with some mediators or companies that connect you with some brands. 

• Monetize videos with ads

Here’s another exciting way to get paid – allow brands to run ads during a video. The process of setting it up is easy, head to creator account setting and enable the monization for in-stream video ads. Of course, the amount you earn is contingent upon the number of views that video gets. If the video does not meet the standard requirement you will not make anything. In contrast, you’ll earn 55% of the revenue generated per view when videos fulfil all the prerequisites. 

• Become an affiliate 

An affiliate has a higher chance of making money; apart from being paid for generating awareness, he also gets a commission against each sale. Generally, you will be given a trackable link that you can use in your Instagram bio or stories using SWIPE-UP feature. You can also create promo codes to make money from various angles. It is a number game and an art that can provide you with a massive income if you strategically promote the brand. 

• Open your eCommerce store 

You may have already figured out that you can earn income from Instagram by selling out or collaborating with brands. The key to getting long-term success is to reach a massive income by creating your brand or selling your products. Celebs or influencers cash out their fame and start launching their product to earn from the platform. 

• Earn badges through live videos 

Do you know you can directly earn from the audience with your Instagram’s Live feature? It allows you to showcase the talent, products and much more. The audience that watches you buy badges that are the symbol of support and its payments are issued monthly.