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Technology

Making money on Instagram

Instagram is among the most popular social media platforms prevailing these days. With more than 700 million users,
Published August 21, 2017

Instagram is among the most popular social media platforms prevailing these days. With more than 700 million users, the social media site is now not only used for picture or video sharing but has also made itself a forum for digital marketers and influencers making their way to earn through the site.

However, money making through Instagram is not only limited to marketers or influencers, normal people like you and me can also make money through various ways, some of which are as follows.

Boost your following

Instagram and making money on Instagram is all about containing a momentous following. Brands only feel safe for partnering if the user assures them social media reach. The user should develop a personal brand focused around his own interest so that he can create creative content making his profile tremendously delightful.

A renowned Instagram user Abigail Ratchford was able to gather over 7 million followers within 3 years. He expressed that as soon as a person reaches a million followers, brands will be ready to pay more than $1000 for a single post, and obviously the money rises as the following rises. However, few local brands will also agree upon paying for posts even if the user has less than 100,000 followers, informed Tech Juice.

Create your own brand

The beginning of Instagram Stories has proven to be a great help for this purpose. Users can use this platform to post about their day to day routine. Almost 250 million people view these Instagram Stories. Users can take an initiative by telling their story to people who are generally always interested in such things. Gradually, more people will start following the user resulting in him creating his own identity.

Swap your normal profile with a business one

Instagram has more than 1 million business profiles; profiles that does not only belong to renowned brands but also to social media influencers and bloggers. Business profiles help users make themselves more approachable for brands that look forward to partnerships and are willing to offer precious analysis about the user’s posts which will further help the users to enhance their content for bringing in more people.

Use hashtags

Hashtags can play a major role now for reaching out to people. Users should use important and relevant hashtags to advance their audience reach. Users can critically look up and analyze different profiles of other Instagram influentials and see how their posts are and what type of hashtags they use in order to get an idea for their own.

Affiliate Marketing

Another way of making money is also via associate marketing. The term affiliate marketing means that a brand will partner with the user and will provide him with a specific code or link. The link would help the user to drive followers to the brand’s official website for buying the particular product. If a customer buys the product, the user will receive an already fixed percentage from the money.

These are just few techniques to provide the user with an initiative, there are much more ways to make money via social media sites. Just seek for innovative opportunities and that can easily be transformed to cash.

Copyright Business Recorder, 2017

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