As the power of social media grows, so are the opportunities to make money from it. For some, it can be a side job, for others it’s their main source of income. One of the social media platforms that is really popular today is Instagram.
Instagram is an online mobile photo-sharing, video-sharing, and social networking service that enables its users to take pictures and videos, and share them either publicly or privately on the app, as well as through a variety of other social networking platforms, such as Facebook, Twitter, Tumblr, and Flickr. (Wikipedia)
Below is a list of different ways on how you can earn money from Instagram to help you get started with your social media business venture.
1. Sell products on Instagram.
You can use Instagram to sell products –clothes, shoes, cosmetics, etc. Create your own virtual catalogue by posting good quality and aesthetically pleasing photos. Make sure that your photos are shot in natural light so that it will attract customers. Also, don’t forget to add important info on each post such as product details, available sizes/colors, and your contact number. Since you are selling online, make sure that you are always online when potential buyers send their queries.
2. Promote a product and get paid per sale.
This is called Affiliate Marketing. It’s when you feature products on your posts and get paid for it when customers buy it through you’re the links that you posted. Of course, you have to establish a certain number of followers so that companies will reach you.
3. Create sponsored posts.
Same with affiliate marketing, to be a social media influencer, you need to have a number of followers. An example of this is posting OOTDs (Outfit of the Day) that highlights certain clothing items from a certain brand. This concept is about showing off different brands that you “personally like and use” and attracting your followers to purchase them too.
4. Use Instagram as your online portfolio.
Obviously, showcasing your own photos on your account is a great way to advertise your photography skills. With this, you can either sell your photos to certain agencies or your photography services for different events. Don’t forget to watermark your photos to prevent people from stealing your photos.
5. Promote your business and services.
Like what I mentioned above, you can use Instagram to advertise not only your skills but also your business and services. I’ve seen a lot of makeup artists, event planners and hairstylists using Instagram to promote their creations and services. So if you already have an existing business, take it up a notch by advertising it on Instagram and more people.