When Instagram was founded by Kevin Systrom and Mike Krieger, these two founders were not generating more revenue although numbers of users were increasing.
Facebook copied all the Snapchat feature and make a better platform for sharing photos and videos. Instagram is now a sister company of Facebook so all the advertising revenue is generated by Instagram and WhatsApp also is connected in Facebook Ads.
How to Use Instagram for Making Money?
As we all know Instagram is famous for stories, photos and videos( for 1 minute). It has more than 700 million users and this number keeps increasing every month.
Creating your own content on Instagram it seems weird but it is the global trend. If you are good at photography, making small funny videos, vlogging, blogging and many more, you can create your own profile and it will create your personal brand.
You have to post great content or almost 5 – 6 post to reach the maximum users. Once you will get more than 10k Followers advertisers will reach your profile and contact you for advertising a particular product in your story or image. You will get paid enough money.
The hashtag is the most effective way to gain more followers. Using the proper hashtag in each post will create your personal brand. Your hashtag should represent your content.
3 Best Ways to Make Money from Instagram
There are mainly three ways to earn lots of money using Instagram.
1. Affiliate Marketing
Creating a QR code is also a good option. Most of the time the affiliate marketing method is used in clothing items, especially for Instagram.
2.Create Sponsored Posts
You can easily create a sponsored post. Sometimes you have to find sponsors and sometimes sponsors will come to you for advertisement.
By using the hashtag, @mention ( e.g xyz brand ) and links you can promote their business and make a good amount of money.
3. Promote Your Business / Product / Service
If you have your own business and you want to promote on Instagram. Instagram is a smart way to get more customer by using effective marketing.
In the beginning, you have to pay some money to Instagram then your page would get more followers and they will come to know about product/service or business. In this way, you can increase your customer and earn money.
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