How To Monetize Your Instagram Account and Leave Your Day Job!
Instagram allows those users with large following s to earn money by partnering with brands. These users are called “influencers” because they can influence a certain target group of followers. Even with just 100,000 followers, you can earn up to, even more than to partner with a brand.
If you want to make money on Instagram as an influencer, you need to do more than just posting content and replying to comments – you need to do the following:
Know the Niche
Many brands look for influencers in specific niches. This is because most of them sell products or offer services that are relevant to a specific line, reason enough to get a niche and stick to it. Once you choose the niche, the next step is to start finding followers that are interested in that niche.
Grow Your Following
The brands are looking for people to promote their products and services. They are looking for those users with hundreds of thousands of followers because then they know that they have a large base to market their products.
Many brands go to Instagram to promote what they sell. And since they realize that they cannot get thousands of users in such a short time, they are in need of users that have been brought together by an influencer. The number of followers that a brand needs differ from brand to brand, but it is always good to have as many active followers as possible.
If you have a few thousand followers, you can work with a brand that is looking for micro-influencers. You can use the following tips to grow your following on Instagram:
- Come up with high-quality content that is useful to the people in the niche. Make sure the images are clear and of high resolution and relevant to the type of products that you wish to market.
- Make use of relevant hashtags that make your content easily discoverable.
- Use different types of content to pass your message across to the users.
These are just a few of the tips to grow your following, https://www.hashtagsforlikes.co/blog/instagram/how-to-get-instagram-followers-in-2018/ gives you more tips to use to grow your following the right way.
Once you get the right number of followers, the next step is to know how much you need to charge for the service.
How Much Are You worth to Brands?
Once you have a number that can allow you to be an influencer, then you need to understand your worth. This helps you avoid charging too much, which can chase away the brands, or charging too low, which reduces your income.
Some influencers overestimate their worth and end up charging thousands of dollars when in reality they are worth a few hundred. Others underestimate their worth and charge only a few hundred dollars when they would charge thousands for each post sponsored.
Get the Brand to Partner With
After knowing what to charge, it is time to find brands that you can partner with. These are the brands that will pay you for the posts that you make on Instagram. If you have a substantial number of followers, you will get invites from brands to partner with them, but if you are starting out, you have to do the hard work of getting the right brand to partner with.
The great news is that various platforms provide this service, all you need to do is to sign up and then wait for an invite from the brand.
Being an influence on Instagram comes with various perks, the biggest one is the boost in income. However, you need to have a strategy in place to become an influencer.