1. Sponsored Posts and Stories
Sponsorship’s arguably the simplest, most common, and most lucrative strategy for anyone wondering how to make money on Instagram.
2. Affiliate Promotions
Affiliate marketing is when you promote a brand’s products or services to your audience and receive a commission every time someone buys something through your referral.
3. Instagram Shopping
Do you already sell products via an online store? If you aren’t already using it, Instagram Shopping could be a perfect new sales channel with which to experiment.
Tips for Earning Money on Instagram1. Focus On Engagement
While it’s tempting to focus on your follower count, it makes more financial sense to focus on engagement.
2. Don’t Go Overboard with Sponsored Posts
Sponsored posts are an effective way to make money on Instagram. However, there’s a caveat. Posting them too frequently can frustrate your followers and cause them to lose trust in you.