Whether you’re just starting out or already have a growing audience, this article will help you grow profit from your social efforts.
Before we dive into the ways you can monetize Instagram, let’s address some common questions:
Can You Make Money on Instagram with 1,000 Followers?
You don’t need tens of thousands of followers to make money on Instagram. Even with a following of 1,000, you can begin to monetize your account.
Brands often look for micro-influencers with high engagement rates. It’s the focused niche that can attract sponsorships.
How Much Are the Top Instagram Influencers Making?
The earning potential on Instagram can be staggering, especially for top-tier influencers. Cristiano Ronaldo, with a global following, earns on average an eye-watering $2.3 million for a single sponsored post. Kylie Jenner isn’t far behind, raking in $1.8 million per post on average. – (Source)
These numbers are astronomical, and highlight the immense profitability of Instagram. While it’s unlikely my aunt with an account dedicated to Lottie the cat will ever reach these heights – there’s still a lucrative market for influencers regardless of audience level.
How Much Does Instagram Pay for 1,000 Views?
Instagram itself doesn’t pay for views, but you can monetize things via; sponsored posts, affiliate marketing, and other strategies. The amount you can earn depends on various factors like your niche, engagement levels, and the brand you’re working with.
While the earnings per 1,000 views can range from $0.01 to $0.05, this is just one piece of the puzzle. This article will explore multiple routes for boosting earning beyond just views.
Let’s dive into the world of Instagram monetization!
Sponsored Posts
We all love creating content for our audience, and this monetization method allows you to keep doing that.
Brands are always on the lookout for influencers and creators who can promote their products. Whilst these brands tend to look for accounts with large followings, the amount you charge will dictate your success too.
To start attracting brands, you’ll need to put some work in. Websites like AspireIQ, Upfluence, and FameBit (brandconnect) act as middlemen between brands and influencers, making it easier for you to find sponsorship opportunities.
There’s no harm in directly contacting brands either; if there’s a product you know your audience would love to see you review. Reach out to the brand and make them an offer!
Selling Digital Products
If you’ve built a following around a specific skill, hobby, or area of expertise, why not monetize that knowledge?
products like online courses, one-on-one training sessions, and exclusive membership access are excellent ways to provide value to your audience.
Courses
Once you’ve created your video course, it’s easy to get set up using platforms like Teachable or Udemy to deliver the content and earn.
One-2-One Training
Simply use a booking tool and link it in your Instagram bio for people to book sessions. Then deliver the content over zoom – this is simple as that.
Membership Access
Many Instagramers use Patreon to host your exclusive content and promote it via teaser content on Instagram.
Affiliate Placements
Affiliate marketing is about promoting products and earning a commission for every sale made through your unique link.
It’s another one that’s easy to set up, via clickbank, ADWIN or Amazon. Get your link and start promoting it.
The most successful Instagramers will promote the link under the pretence of an exclusive deal. 20% if you use my link – for example!
We can also showcase the product via reviews, stories and in our bio as a link.
Pro tip: Don’t spam your followers and always disclose that your post contains affiliate links, or you’ll risk losing trust from your audience.