How to Make Money from Instagram in 2024?
Hello friends, welcome to all of you on TachFan.in. Today in this article, we will discuss how to make money from Instagram. If you search for ways to make money online on the internet, you might have heard that money can also be made from Instagram. You might have also felt like giving it a try yourself. However, due to lack of information, you may not have been able to do so. So, let us tell you today how you can earn money from Instagram and what things you will need for it.
In this article, we will tell you about 13 different ways through which you can make money from Instagram.
In today’s digital age, almost every task is becoming digital, which is why people are using digital devices a lot these days, such as mobile phones, laptops, computers, etc. Due to this digitalization, advertising has also become digital, with Google being the biggest medium. Just like how Google has become the world’s largest company in the last 20 years due to the advent of internet connectivity, Instagram is the second largest social media platform after Facebook in the field of social media.
What is Instagram?
Instagram is a social media platform where you can share your photos and videos with others. It was launched in 2010.
Instagram is a well-known social media platform where more than 75 million people are active daily. So far, more than 500 million people have downloaded Instagram.
In 2010, Instagram started as just a photo-sharing site, but with the introduction of the Instagram Story feature in 2016, it suddenly became very popular. In just three years after that, almost 700 million people worldwide use Instagram daily. If you have a good number of followers on your Instagram account, you can easily earn a lot of money from Instagram.
Today in this article, we will provide you with detailed information about Instagram and how to make money from Instagram.
Before learning how to make money from Instagram, it is important to know what you need to do to make money from Instagram because without the right knowledge, you won’t be able to make money. Most people use Instagram just to upload their photos, which may not make them any money.
To make money from Instagram, first, you need to grow your Instagram page. Here are some things you need to keep in mind :
How to make Money on Instagram?
How to make money from Instagram. Before knowing this, it is important to know what has to be done to make money on Instagram, because unless you have the right knowledge, you will not be able to Make Money. Because most people use Instagram only to upload their photos so that hardly anyone can Make money.
To make money on instagram, first of all you have to grow your instagram page, for this you have to keep the following things in mind:
How to Grow Instagram Page (6 Steps)
1.Choose Your Niche on Instagram
To grow your Instagram account, the first step is to select your niche on Instagram and upload photos or short video clips according to your niche.
For those who are unfamiliar with the term niche, let me explain that a niche refers to any specific category. For example, if you are passionate about going to the gym, you can upload fitness-related content.
Similarly, technology, digital gadgets, health, etc., are all niches. You can select any one topic according to your preference and publish content around it.
2. Publish Content Regularly on Instagram
After selecting your niche, you should regularly publish content that will help grow your Instagram account.
If you are uploading 2 photos or 2 stories every day, then you need to upload 2 photos or 2 stories regularly every day. Later, when your account grows, you can occasionally publish content whenever you want.
3. To grow your Instagram account, use hashtags
whenever you publish any content. This will not only increase your engagement but also boost the number of your Instagram followers. Always ensure that the hashtags are relevant to your post, so you attract followers who are interested in your niche.
4. Pay attention to user interest
On Instagram, analyze whether people are showing interest in the posts or reels you’re consistently publishing. If people are liking your reels or posts, continue creating similar content. However, if you’re receiving fewer likes and follows, it’s essential to adapt and pay attention to your content.
One important aspect is to ensure that users watch your entire reel and tag or share it with their friends. The longer a reel is watched and the more it’s shared, the more viral it will become on Instagram.
5.Try to increase your followers on Instagram
The next step in creating a money-making Instagram account is to increase your followers on Instagram. While there are ways to earn money from Instagram without a large following, using these methods won’t allow you to earn more money through Instagram. Therefore, if you want to earn more than ₹50,000 per month using Instagram, you’ll need to increase your followers to more than 1,000 on your Instagram account.
6.Switch your Instagram account to a Professional Account.
When you initially create your Instagram account, it’s like any other normal Instagram account, which won’t allow you to earn much money. Therefore, to create a money-making Instagram account, the first step is to switch your normal Instagram account to a Professional Account.
When you switch your normal Instagram account to a Professional Account, you’ll see two options:
- Creator Account
- Business Account
Now, as you’re seeing these two options, both of them appear when you switch your normal Instagram account to a Professional Account. If you have a business, click on the Business Account option. Similarly, if you are a creator, click on the Creator Account option.
By keeping the mentioned points in mind, you can create a professional account on Instagram and also gain followers. Once your Instagram account grows, you’ll have plenty of options to earn money.
The Importance of Followers on Instagram
Now you might be wondering how many Instagram followers you need to earn income from Instagram. The answer depends on your niche, topic, and the product you offer. It depends on how many people are interested in your product or service and what your advertising channel is.
Instagram is a social site where people update about themselves and chat. You need to see what topics your followers are interested in. To find out, you can post photos or updates on different topics on your Instagram account for a few days, such as fashion, food, beauty products, fitness equipment, and products, etc. This will make it easier for you to know about your followers, and doing so will also increase your followers.
It’s important to note here that followers should naturally come to your product page, so avoid any kind of fake activity. Because the more naturally your followers come to you, the better it is for you. Once you understand what your followers like, you can choose your product according to that niche/topic.
Ways to make Money from Instagram
After growing your Instagram account, it’s time to learn how to make money from Instagram. You can use the following methods to make money from Instagram, which will help you generate good income:
- Affiliate Marketing
- Insta Reels Bonus
- Sponsorship Programs
- Brand Promotion
- Selling Photos or Videos
- Selling Your Own Products
- Selling Your Instagram Account
- Promoting Other Accounts
- Selling Your Courses
- Earning Through Mesho
- Collaborating with Other Creators
- Becoming an Instagram Manager
- Earning by Sending Traffic to Blogs or Websites
1.How to make Money Through Instagram via Affiliate Marketing?
Affiliate marketing is the best way to make money from any online platform, through which you can earn thousands of rupees every month.
If you don’t know about affiliate marketing, let’s understand it in simple terms. Affiliate marketing is a type of marketing where you promote a company’s product, and you receive a commission from the company for each sale.
In affiliate marketing, the company provides you with a link to their product, which you have to promote on your online platform. When a user buys the product through your link, the company gives you a commission for each purchase.
To start affiliate marketing, first, you need to join an online company’s affiliate program (such as Amazon, Clickbank, Warrior Plus, etc.). After joining the affiliate program, you need to select products related to your niche/topic and obtain their affiliate links.
You have to share these product links on your Instagram profile, and if any of your followers click on the product and purchase it through your affiliate link, you earn a commission ranging from 2% to 10% of the product’s price as affiliate site commission. The commission amount may vary on different sites.
Then, add your affiliate link to your Instagram bio and stories. Whenever one of your followers buys a product through your affiliate link, you’ll receive a commission.
2.Make Money From Instagram through Insta Reels Bonuses
Instagram has introduced a new feature called Reels Bonus to encourage creators to make reels. Under this feature, you can earn anywhere from $50 to $5000 per month by creating high-quality reels videos on Instagram. This amount will be based on the performance of your reels videos, with creators receiving more bonuses for reels videos that garner more views and likes.
However, Instagram only offers this Reels Bonus to those who create reels videos on the platform and switch their account to either a Business Account or a Creator Account. Although there are various ways to earn money from Instagram, the official method to earn money from Instagram is through Reels Play Bonus.
Now, you might be wondering how you can receive the Instagram Reels Play Bonus. The answer is that when one of your reels videos receives more views and likes, you will receive the Reels Play Bonus for that month. For example, if one of your reels videos receives 50k views and 5k likes, you will easily receive a $50 Play Bonus.
To claim the Instagram Reels Bonus:
- Switch your Instagram account to a Business Account or a Creator Account.
- Consistently post quality reels videos on your Instagram account.
- Once you become eligible for the Instagram Reels Fund Bonus, Instagram will automatically provide you with the option to claim your bonus in your Instagram account.
To check how to access the Instagram Reels Bonus:
- Open Instagram.
- Go to the Settings option.
- Click on the Creator option in the Settings menu.
- You will find the Bonus option there.
If you see the Bonus option under the Creator section of your Instagram account, it means you have access to the Instagram Reels Bonus, and you are now eligible to earn money from Instagram by uploading reels.
3.make Money from Instagram Through Sponsorship Programs
If you have a large number of followers on your Instagram account, you can apply for sponsorship programs where companies pay you to share their products on Instagram.
As mentioned earlier, it’s important to know the interests of your followers so that you can easily find the right sponsorship programs. For example, if most of your followers are interested in bodybuilding, you can collaborate with a bodybuilding product seller and promote their product on Instagram for a fee.
To find sponsorship opportunities, you can use platforms like Tapinfluence and Ifluenz. However, keep in mind that these platforms usually charge a fee for their services.
4. Make Money From Instagram by Promoting a Brand
When you grow your Instagram account in a particular niche, many businesses will pay you to promote their brand.
For example, if your account is related to fitness and you have a good number of followers, many protein brands and gym owners may approach you for promotion, and in return, you can charge them a good amount of money.
Let me tell you that people who are earning lakhs of rupees every month through Instagram, according to them, the second easiest way to earn money from Instagram is through brand promotion. It’s a method through which you can earn up to lakhs of rupees in a month.
People with a good number of followers on Instagram always receive offers for brand promotion from companies. They are required to showcase the company’s product in their Reels videos or photos, and in return, the company pays them money.
In this scenario, the brand company pays Instagram creators based on their audience reach.
In other words, the more followers you have on Instagram, the more money you can make from brand promotion.
5. Make money by selling photos or videos on Instagram
If you have the art of photography within you and you can also earn money by selling photos on Instagram, but for this, you have to prepare creative photos, then only you will be able to earn a lot of money from Instagram in a month through this method.
For this, you can create a website, but if you do not have money to create a website, then you can create your own website using the method of making free websites of Blogger or WordPress.
After you have created the website, you should upload the creative photo you have clicked to your website, while uploading the photo, make sure to add a watermark to your photo so that no other person can easily use that photo.
After this, you will have to set the price of your photo, this is a bit of coding work but if you search on YouTube how to create a photo selling website, you will find many videos on this topic, by watching those videos, you can create your own photo selling website.
Now when you have created your Photo Selling Website, then you have to put the photos you want to put on your website on your Instagram account handle, if your photo is creative, then many people will buy your website’s photo through Instagram, which will earn you, and in this way you can earn good money from Instagram by selling your photos.
6. Make money by selling your own products through Instagram
When you master any particular niche, you can create and sell products related to that niche through Instagram and earn money. By choosing a good niche and growing your Instagram account well, selling your own products becomes very easy because all our followers are interested in the same subject. So, if you sell your own products on your Instagram account, you can earn a good amount of money.
For example, if your Instagram account is related to fitness, you can sell products such as personal training, diet plans, workout schedules, protein supplements, and gym wear.
7. Make money from Instagram by selling Instagram accounts
The business of selling Instagram accounts is booming these days. Newly established small companies often buy established Instagram accounts with a large number of followers so that they can quickly spread the name of their product or brand in the market. Companies with low marketing budgets do this to increase the brand’s reach at minimal costs.
To Make Money by selling Instagram accounts, two things need to be paid the most attention to. Firstly, your followers should be real, meaning genuine, and most of them should be active online daily. Secondly, you should have a high number of followers because the more followers you have, the higher the likelihood of selling your Instagram account for more money.
To sell an Instagram account, you can use websites like Fame Swap or Viral Accounts, both of which provide free services.
8. By promoting someone else’s account, how can you earn money from Instagram?
When you have a good number of followers on Instagram, you can also Make money by promoting other people’s Instagram accounts. You must have seen that many popular creators on Instagram ask to follow other accounts, and they don’t do it for free; instead, they charge a good amount. Many people are earning a good income from Instagram by promoting other people’s accounts.
By promoting someone else’s account on Instagram, you can earn money through various means such as sponsored posts, affiliate marketing, shoutouts, or by offering social media management services.
9. How to earn money from Instagram by selling your course?
As you all know, nowadays, there are students who study on every social media platform, as well as teachers who teach. In such a scenario, if you have the ability to teach, then you can earn from Rs. 10,000 to Rs. 20,000 by starting with Instagram itself.
To Make money from Instagram by selling your course, first, you need to upload your course on a website. You can create your own website and sell your course on it if you want, but this requires some investment because you have to spend some money to create a website.
But if you don’t want to create your own website and sell the course, you can upload your course on course-selling websites like Udemy, Efa, Instamojo, etc. After uploading the course, you will be provided with a buy link by these websites.
After that, you can use your Instagram account to inform your audience about your uploaded course through Reels, Posts, Stories, etc., and you can also share your buy link there. Then your Instagram audience will buy your course, resulting in your earnings, and this way, you can earn money from Instagram by selling your course.
10. How to Make Money From Instagram through Meesho?
As you all know, Meesho is an Indian Product Reselling Platform. By adding your margin to any product on Meesho, you can earn a good amount of money by selling it. If you don’t know how Meesho works, then you should read the post What is Meesho and How Does it Work. If you read that post, it will be easier for you to understand how money is earned from Instagram through Meesho.
For example, let’s say the price of a pair of glasses on Meesho is 200 rupees. Then, I add my margin of 200 rupees to that glasses. Now, that same pair of glasses becomes 400 rupees. Now, you can share it on your Instagram account.
Now, whenever someone buys that glasses from the link you shared, they will see the price of the glasses as 400 rupees. Meesho company takes 200 rupees, and the 200 rupees that we added as margin will come to our Meesho account from where we can transfer that money to our bank account. And this way, you can earn money from Instagram through the Mesho app.
11. How to make money from Instagram by collaborating with other creators
As you all may know, there are many social media creators nowadays who create good content but still struggle to attract views. Therefore, such creators want to promote their content by collaborating with other creators. They contact creators who produce content related to their own niche and whose content is well-liked by people on Instagram. If you are also a creator whose content is popular on Instagram, other creators may contact you to help grow their Instagram accounts. In exchange for promoting their Instagram account, you can charge them a fee. This way, you can earn money from Instagram by collaborating with other creators.
For example, let’s say I created a YouTube channel under the name Sonu Kumar, where I started uploading funny videos of good quality with good voiceovers and acting for 1 to 2 months continuously.
Now, even though the quality of my videos, voice, and acting are good, I am not getting enough views. So, I will contact an Instagram user who creates funny videos and whose videos are highly appreciated by people. I will then ask that Instagram creator to collaborate with me to create a Reels video and to mention me in the caption when they upload it to their Instagram account.
After that, if they upload the video created in collaboration with me on their Instagram account, people who follow them will see the video with me in it. If they like my acting, they may visit my YouTube channel and my Instagram profile to watch more of my content. In return, that creator may charge me some money for collaborating with them, and this is how they can earn money from collaborating with me.
12. How to make money from Instagram by becoming an Instagram manager?
Another way to make money from Instagram is by becoming an Instagram manager. Yes, if you are proficient in managing Instagram well, you can earn a good income by working for a company.
There are many companies that have Instagram accounts but no one to manage them. In such cases, you can handle their Instagram accounts and earn a decent amount of money.
To become an Instagram manager, you can talk to local business owners in your area, or you can also search for online job opportunities as an Instagram manager.
13. Make money from Instagram by sending traffic to your blog or website through Instagram
People with websites or blogs can leverage Instagram to drive traffic to their website or blog. Essentially, the ads displayed there can generate revenue for you. Similarly, if you want to promote your business, Instagram is a perfect place where it can be promoted. This can greatly benefit your business, and there is no need to spend too much on it. If you already have products at your home or shop, you can upload them.
How to Make money from Instagram without followers?
If you want to make money from Instagram without followers, you need to upload high-quality Reels videos on your Instagram account. Once your Reels start getting views, you will receive a Reels Play Bonus from Instagram. This bonus doesn’t depend on your followers, meaning you can receive it even with zero followers, but your Instagram Reels should receive approximately 50,000 or more views to qualify for it.
FAQs About How to make Money on Instagram
Here are some frequently asked questions about how to earn money from Instagram.
Q. How can I earn money from Instagram?
Ans : You can earn money from Instagram through various methods such as sponsored posts, affiliate marketing, selling products or services, becoming an influencer, and more.
Q. How many followers do I need to start earning money on Instagram?
Ans : While having a large following can help, it’s not the only factor. Even with a smaller but engaged audience, you can start earning money through collaborations, sponsored posts, or selling your own products/services.
Q. What are sponsored posts?
Ans : Sponsored posts are when brands pay you to create content promoting their products or services on your Instagram account. These posts typically include a caption disclosing the sponsorship.
Q. How do I find brands to collaborate with?
Ans : You can find brands to collaborate with by reaching out to them directly, joining influencer marketing platforms, or networking with other influencers and creators in your niche.
Q. Can I earn money on Instagram without selling anything?
Ans : Yes, you can earn money on Instagram without selling anything directly. You can monetize your account through sponsored posts, affiliate marketing, brand partnerships, and other methods that don’t require you to sell products.
Q. What is affiliate marketing on Instagram?
Ans : Affiliate marketing involves promoting products or services on your Instagram account and earning a commission for every sale made through your unique affiliate link. This can be done through affiliate programs offered by brands or through affiliate networks.
Q. Is it necessary to have a business account on Instagram to make money?
Ans: While having a business account offers additional features and insights, it’s not mandatory to have one to make money on Instagram. You can still monetize your personal account through various methods mentioned earlier.
Q. How do I set my rates for sponsored posts?
Ans : Your rates for sponsored posts can depend on factors such as your audience size, engagement rate, niche, and the scope of work required by the brand. Researching industry standards and negotiating with brands can help you determine your rates.
Q. How to make videos on Instagram?
Ans : You can make videos on Instagram in two ways, first you can shoot your video from the default of your phone and edit your video through a video editor and upload it to Instagram. In the other way, you can shoot video from Instagram App’s camera and edit it on Instagram itself and upload the video.
So friends, in this article, we have provided you with detailed information about 13 different ways to make money from Instagram. Along with that, we have also shared tips for growing your Instagram account. If you regularly publish content on Instagram, your follower count will increase, which will provide you with many options to earn money from Instagram.
Friends, we hope that after reading this article, you have gained information about how to make money from Instagram. We believe you have enjoyed this article, and if you liked it, be sure to share it with your friends so that they too can earn money with the help of Instagram.
