Instagram is one of the largest social media platforms out there, and many people use Instagram every day. Whether it be to check their feeds, post something, or look at their explore page, the majority of the population is using Instagram on a daily basis.
Now, wouldn’t it be great if you could leverage the time people spend on Instagram to make you a few extra dollars on the side?
Today, Instagram is becoming more and more of a tool for people to make money. In this article, I will share with you 2 of my favorite methods on how you can make money on Instagram.
Method 1: Creating a Niche Page and Using Affiliate Links
If you go on your explore page, it is probably filled with niche pages posting content that catches your attention and entertains you. But, what exactly is a niche page?
What is a niche page?
A niche page is simply an account that posts daily around a specific topic.
For example, a basketball niche page would post content about basketball every day. Or, a niche account about knitting would post videos and pictures all about knitting.
Usually, a niche page falls under two categories: entertainment, or informational.
The first step to method 1 is to choose a niche and make an Instagram page around it. For this article, we will use the example of fly fishing.
After you’ve created your Instagram page, you will then need to start posting on it every day and finding people within your niche that will enjoy your content and engage with them. This could be commenting, liking, or direct messaging.
Your page will take some time to grow, but after a few months of posting daily content and engaging with several people every day, your page will start to take off.
Now, how do you make money from your niche page? To do this, we will use affiliate marketing.
What is affiliate marketing?
Affiliate marketing is simply promoting someone else’s product, and every time you make a sale, you earn a commission for it.
Many companies have affiliate programs. This means that you can sign up to become an affiliate for that company, and then you promote their products with a special link they give you. Every time someone clicks on the link and makes a purchase, you get paid.
For example, Amazon has an affiliate program that allows you to promote just about everything on their site!
How to Connect Your Niche Page and Affiliate Marketing
After you’ve grown a big, engaging following on your niche account, you can find products that are related to your niche with affiliate programs. You can then promote your link in your Instagram page’s bio. Every time someone clicks the link in your bio that brings them to the product, and they make a purchase, you earn money! It is that simple to make money on Instagram.
For example, back to our fly fishing page. Once the page has grown, we can look for companies that sell fly fishing rods that have an affiliate program. Make sure that the product you choose is a product that you genuinely believe in and like.
Since your page is comprised of followers who clearly love fly fishing, chances are that they’ll more than likely be interested in the products you recommend!
Just as a quick recap to our first method of making money using Instagram:
- Create a niche page around a topic that will attract engaging, passionate followers
- Post on the page every day and engage with people that love your niche
- Once the page has grown, find products that your followers would love, and make sure that the product has an affiliate program
- Promote your link to your followers
- Make money
Our second method to making money on Instagram is very similar to the first, with a small variation.
Method 2: Creating a Niche Page…and Selling It
The second method is almost the exact same as the first. It starts off by creating an engaging niche Instagram page, but instead of using affiliate links, you will sell the page to another influencer.
You’d be surprised to see how much people will pay for Instagram accounts with a large following and engaged followers. Many accounts can sell for anywhere from $100-$1000!
When you’re developing your niche page, it is incredibly important to make the account into a business Instagram account. This way, you can use the free metrics Instagram gives you to prove how engaging your account is.
For this method, after you’ve developed your niche page, you will contact other people with big pages in your niche via email or DM.
In your message, you will tell them that your page is for sale, what your asking price is, and you will show them proof using Instagram’s metrics that your page has active followers.
Remember, the more followers your page has, and the more engagement your page has, the more it will sell for. Other niche page owners will be very interested in buying an account like this since it is a vehicle for them to make money with.
It may take some time, but once you’ve found someone interested and you’ve agreed on a price, the payment can be made via PayPal or any other service you feel comfortable using.
- Create a niche page with a large amount of active followers
- DM or email other niche page owners in your niche and ask if they’re interested in buying
- Once you’ve found someone and agreed on a price, sell the page and make money!
As Instagram continues to grow, its ability to be used as a money-making platform grows too. Jump on before it’s too late, be patient, and you’ll be making money on Instagram in no time!
If you have any questions, feel free to comment below.