24 Easy Ways to Make Money on Instagram: The Definitive Guide

In this guide, you're going to learn exactly how to make money on Instagram in 2020. Many people have been asking me some questions on how they can make money from home with their Instagram account.

So please read on, as I answer it in detail...

Instagram started as an image-sharing app, and over the years, it has continued to evolve because society loves social networks and visual media, today.

It has become a vital tool for marketers, celebrities, public figures, and even politicians to reach out to their audience and engaging their followers.

Photos, images, and videos thrive on this platform, and it is a giant colored digital magazine of pictures of the highest quality imaginable.

Instagram, over the past years, has become one of the most engaged platforms.

According to Instagram Press, it has more than 1 billion monthly users, of whom 72% are under 35 years of age, and more than 500 Million actively use it every day.

Since early 2019, the platform boasts of over 500,000 influencers actively engaging their followers on Instagram.

After sharing that new information about Instagram, join me as I walk you through on the 25 easy ways to make money with Instagram.

What are the Easy Ways to Make Money On Instagram In 2020?

Before diving into the easy ways to make money with Instagram, let's quickly discuss how you can set up and optimize your Instagram account to increase visibility and engagement.

No jokes, making money with Instagram is not always easy. But when you follow the steps listed in this article, you'd be on your way to making your first money on Instagram.

First, you need to set up your account and optimize it to be ready to attract the money.

Setting up and optimizing your Instagram account will also help to increase your visibility and engagement.

So, follow these steps to set up your Instagram account and improve your profile visibility properly.

Step by Step:


1.

Complete Your Bio


Completing your Bio is essential if you want to build loyalty and cult following.


Keep facts about you up to date by filling out your bio. Use that space to let your followers know who you are.


Filling your Bio will enable them to trust and follow you.


Add vital facts your followers would like to know, add contact information if you want, get a fresh theme and tagline to separate you from others.


Finally, add the your business address and location if any, so your followers can know you're real.


Differentiate your brands from many other Instagram businesses in your niche.

2.

Let Your followers Know you


People work with the people they know, like, and trust. People in your community may never see you in person, but they long to find out what typical day looks like in your life.


If you are a coach, you could share behind the scene pictures of you, your family, and staff and affirmations.


However, it is your decision as to what part of your private life you share online.


Just share what you feel is right, and you will increase your followers.

3.

Make Constant Use of Relevant Hashtags


On Instagram, people use Hashtags to locate the content that they value. Always make use of hashtags that relate to each post you send out.


Carry out some research and find out the hashtags that others in your niche are using.


Make sure; you add a critical hashtag to each post. This strategy will help you to get fresh followers via each post.

4.

Shoutout People You Admire

As you consider making money on Instagramdoing some free shoutout for people you admire will increase your visibility.


This method will help you be on the list of influencers you are following on Instagram.


In this strategy, write a touching post letting your community know the influencer's books, program, or newest blog posts are valuable.


You may even share one of their Instagram posts and give credit to them. Sometimes, the influencer will want to return the favor by reposting and tagging you in their posts. That way, you will get more organic followers.


This method will help you engage with more people in your niche. And more potential followers on Instagram will get a recommendation that they should start following your profile.

5.

Arrange Contests and Campaigns


You start a contest or campaign to enable you to create separate hashtags and have participants in a central place.


You may decide to start a campaign to make people like your images and start following you. 


You can offer exclusive deals for short periods and create a sense of urgency so that your followers act before the time you set elapses.


You may provide exclusive promotions or coupons and get your followers to engage in a contest.


Then ask them to tag a friend to qualify for the draw. When the campaigns are over, you can turn all the leads into sales.

6.

Add Your Website/Blog Link to Your Bio


If you do not have a website or blog, start one immediately. A blog is the best way to connect with your audience and sell products and services to them and make money in return.

Create a blog; it's always easy to create a simple blog using WordPress or Wix, connect your Instagram account to your website or blog.

Create videos, pictures, and posts with a clear call to action on them and send these followers to your blog or website and directly to the products you are selling.


If you cannot create videos, you can always repost videos and images related to your niche by using a reposting app.


Instagram does not support links to websites that you can click on, and that means the links must be retyped on the browser windows by your followers and others that want to buy from you.


PRO TIP: Add the link on your bio and ask your followers to check your bio for the link.


Tag your products by adding numbers to them so that they are easy to obtain. The products could be your own or affiliate products.


24 Easy Ways to Make Money on Instagram In 2020

After priming your Instagram account, let us get started with the easy ways to make money with Instagram now.

1. Influencer marketing

Becoming an Instagram Influencer is a daunting task; however, the earning potential is equally high. If you put a lot of effort into building your audience, then you would have a lot of influence over them and make money off them.

To become influential, you must create valuable posts consistently and interact with followers genuinely. Imagine having over 20k followers who expect you to respond to their Direct Messages.

Engaging with those followers is time-consuming and can be very frustrating sometimes.

But you must brace up and meet the challenge head-on by creating life-changing posts and contents if you want to reap the benefits attached to that leading role.

​So, what are the steps to make money on Instagram as an Influencer?

Now that you are clear about who is an influencer let us talk about how you can cash in on your influence over your followers.

Shoutouts: Depending on the number of engaged followers you have, you will get offers from people or Brands who want Shoutouts from you. They could come to you personally or by a Direct Message.

What does Shoutout mean? A Shoutout is a method of promoting a brand Instagram account or individuals accounts to your followers for a fee.

You could also approach brands or people and ask if they want Shoutouts from you and charge them a fee of up to $100 or more.

Some brands may request to see your audience base, engagements, and your account activity before they can hire you for a paid Shoutout.

Product and service promotions: This will require you to be more creative because product and services promotions involve blending your usual post and contents with brand promotion and make it look natural, so it does not sound promotional.

To find brands to promote, get your acts together, and pitch your Instagram business to specific brands that resonate with your tone of voice.

Make a commercial proposal to select brands and offer a free promotion through your Instagram feed, which could bring them leads and several customers.

You can make money through these brands later, and they must offer to give you testimonials and referrals in return.

Sell your products: With the prevalence of e-commerce, you can create your fashion brands and then have those items drop-shipped to your buyers, mainly due to your Instagram influencer role.

This business strategy is an insanely profitable venture as you have control of the product, how much to sell, how much profit you want to make, and the type of content you will use to promote the business.

2. Instagram Social Marketing Agency

Setting up an Instagram Social Marketing Agency is another way to make money on Instagram. Many companies target Instagram users who are mainly under 35 years of age.

All you need to do is to search for these companies run by people who are over 35 years of age.

Look for the deficient areas on their Instagram pages, write them and point it out to them and offer to improve it for a fee.

You can quickly get a lot of companies who would engage you to manage their accounts for them.

You could offer to grow Instagram account of these companies. You will be the one helping them create hashtags, and add captions while they create content, to improve their brand engagement.

3. Make money dropshipping

In this business model, you can sell a product without touching them or keeping inventory. Each time you get an order, you send the details of the customer to the supplier of the product, both the name, address and phone number.

Then the supplier will ship it to the buyer directly without you touching or seeing the product.

Amazing right?

This method is just like other methods of selling any product on Instagram. Set up a shop using the Shopify ecommerce platform free for the first 14 days, and experiment.

Get the best products that sell without spending any money. You can also use the Oberlo app for free dropshipping.

4. Sell your Photos and Virtual products

On Instagram, attractive photos sell a lot, and this is another way you can make money on Instagram. Initially, Instagram is a video and photo-sharing platform, even to date.

Selling some of your professionally taken photos on Instagram won't be a bad idea.

However, you can sell a lot of things like drawings, animations, paintings, posters, videos, and other products that have video appeal.

To sell these items, you have to include the link of your product page in your Instagram Bio, as earlier discussed.

Create content with a call to action and ask your followers to check your Bio for the link.

To increase the amount you can earn, if you have photographic skills extend what you sell to photo editing and composition services.

Be creative and original when you take photos. Then, use Instagram hashtags that are relevant for these photos to promote them.

5. Make money selling other peoples product as an affiliate

Several brands sell their products by using affiliates who earn a certain percentage from the sales they make for the company.

Learn more in-depth guide on how you can make money advertising for companies.

The only difference between Affiliates and Influencer sales is that as an affiliate, you try to sell a product to earn a commission directly from the product manufacturer.

To make money as an affiliate on Instagram, you will need a website or landing page. Sites like Amazon Associates, Rakuten, Clickbank, CJ Affiliate, and ShareAsale can't accept you without a website.

The website doesn't need to look professionally designed.

Pick a niche, head over to Namecheap, and get yourself a professional domain name; this would cost you not less than $10.

After paying for your domain name, head over to wordpress.com to link your domain name with your WordPress blog. Create legal pages like Privacy Policy, Disclaimer, Contact Us, and Term of Service page.

Write 3 to 5 informative posts on your selected niche. Then apply for the Amazon affiliate program.

Amazon will approve your website; however, you will need to make at least one sale within 180 days, or your account would be deactivated.

Pick a product from your selected niche from Amazon. And make sure you install or add Amazon affiliate link to your blog.

In every post you recommended a product to your audience, you must add your Amazon affiliate link there.

To promote these affiliate products, add the link of each product page you want to promote in your Instagram Bio.

Create a short content/post on Instagram telling your followers how this product has helped you achieve your desired skin (That's if it is a beauty product)

You don't have to buy the product before creating the post. You can pick some good reviews from the verified buyers on Amazon who have already purchased and tested the product.

PRO TIP

When picking a product in your niche, select the products with the highest rating and reviews. Also, for a higher affiliate commission, select a product above $50

Note that you can have only one affiliate link in your Instagram Bio. So, you can add landing pages for any affiliate product you promote.

Add to each of those landing pages, links that tell your followers or readers that they can buy the products straight through your link on your Instagram Bio.

To expand your affiliate marketing using Instagram. You can create more valuable content and product reviews on your website and drive traffic from Instagram to your product pages.

You can as well link to other social media marketing platforms to drive more traffic like crazy.

6. Make money as a coach

If you are thinking of another way to make money with Instagram, selling your coaching program would be a better idea.

You must not be an expert to create and sell your coaching.

You have heard people say that the money is in having a list.

But Instagram does not allow building an email list on their platform.

To solve this problem. Send the traffic from your Instagram page to a landing or squeeze page.

Offer them a free downloadable e-book. It could be on how to build an Instagram account, or something related to your niche.

Use Mailchimp or OptinForm to create a form that would enable you to collect their email address.

Tell them to put their emails so they could be able to download the free report on how to grow an Instagram account from zero to 10k followers. You can then start selling your coaching program to this list.

Note: This method varies; if your niche is in the dating niche, you could offer them a free report on how to get their EX back. And vice versa.

7. Start an E-commerce Business

Starting an e-commerce business is another way to make money on the Instagram platform.

It is usually hard to start a new thing. Still, like all other businesses, it is a matter of deciding to learn what you must and stick around to find something that works instead of quitting.

  • The advantages: easy set up using Shopify, and you do not need technical skills to do that. You can choose a business model where you do not have to keep any inventory, order from a supplier who ships straight to your customer.
  • Disadvantages: are that this business is competitive as many companies sell the same product as you. You must pay some costs like Shopify monthly fees, ads, test the product and email providers.

Choosing the best eCommerce platform

Select the right e-commerce platform from either Shopify or WooCommerce. Considering the cost, Shopify is a little bit costly, but it's my favorite.

Shopify can ease the stress for you; they got you covered with every tool needed to build a successful store as fast as possible. Click here to sign up for Shopify 14 days trial.

At the Woocommerce, hosting service is low when you start, and it is not hard to set up your e-shop.

A vital tool you need that works on either e-commerce platforms is the spocket app that lets you see verified US and EU suppliers. 

Spocket offers branded invoicing, which will be uniform with your Instagram page.

How do you integrate ecommerce on Instagram?

You display your product and use Instagram to send traffic to your store. Post quality image and content to your Instagram account.

Relate with other people on Instagram that have ecommerce stores selling the same type of products as you.

Next, engage with those that comment and like your posts, and soon these people you are interacting with might buy from your store.

8. Make Money as a Freelancer on Instagram

Do you know you can make money on Instagram as a Freelancer? No, you don't, or do you?

Well, I will tell you how.

Today, many people do more freelancing jobs as of now due to the flexibility and possibilities of working for different companies instead of going to a regular 9 to 5 job.

In a report by LinkedIn, they forecast that 50% of Americans will work as freelancers by the year 2020. Forbes also has the same news.

However, this depends on the type of skills you have acquired.

Video creation, production, and editing are some of the lucrative and less competitive niches to make money as a freelancer on Instagram.

The reason has been that many people are into video content creation and probably need video editors to shoot and edit their videos.

Here are some lists of industries that might need the service of video editors:

Instagram video content creators: This includes short comedy videos, skits, product videos, interviews, short music videos, fitness videos, food industry, and of course, video ads, etc.

E-commerce: e-commerce is a broad evergreen industry that consists of dropshippers, retailers, wholesalers, Amazon FBA sellers, etc. This industry is always in the lookout for some freelance video editors to edit there product videos, Facebook, and Instagram ads videos.

YouTubers: Youtube is the largest American video-sharing platform owned by Google. Many YouTubers are always-on search of video editors to edit their videos daily.

Editing a 30-minutes video can go as high as $50-$100 depending on the niche.

Some skills that you can expertise that can also earn you a decent amount of money on Instagram are photography, graphics designs, and coaching training skills. 

Use photos to write the exact post captions, post exciting and valuable content, and engage your likely customers.

As a coach, you can start promoting and asking people to send Direct Messages to you to begin conversations with them and get them to buy from you.

9. Sell your Artwork on Instagram

Have you ever thought that selling your artwork is an excellent way to make money with your Instagram account?

Yes. So, if you have drawing skills, create artwork, and sell them on Instagram.

So be creative with your content.

You may choose to be a mysterious artist or show yourself and engage with followers and build trust.

You can post illusions on white space by using Banksy.

You can post secret messages that are more than artworks. If you offer value, entertaining, and unique artwork to your followers, you will become successful over time.

And this will also increase the value they place on your Art.

Connect with influencers and public figures. Send some of your artwork to them at no cost.

You can make a beautiful portrait art of them, snap it, and send the picture to them. If they like it, they might request to meet you in person.

The Influencer would be very glad and willing to take a picture with you. And would probably want to post the photo on his/her Instagram page thanking you for the great artwork.

That way, you will earn more organic followers, plus, many people will likely want to get their portrait artwork made for them.

They will contact you, seal the contract with them, and make money off your Instagram account.

This strategy doesn't work on Instagram alone; it also works well on twitter.

10. Sell Teespring Shirts

Selling T-shirts on Teespring is one of my favorite and easiest way to make money on Instagram. This company lets you create your own personalized designs and give you access to list them for sale.

They do all the operations stuff like shipping and preparing the shirt for you.

You only need to create the design and post the front side of its picture beside the shirt on their website.

Next, post this picture on your Instagram page to drive traffic to your Teespring sales page.

To sell your Teespring shirts fast.

Create a trending meme or music quotes of your favorite influencer, public figures, or an upcoming musician.

Send the T-shirt you designed that are related to them individually at no cost.

They will surely love it and will be happy to post and tag you on their page. That way, you will start getting more and more sales at no time.

11. Information Marketing

Information marketing is a method of selling informational products, guides, and ideas in a digital form, if you have a large fan base of followers that trust you.

Creating an informational product and guides would be a great way to make money off your Instagram account.

With informational marketing, you only need to create a short e-book in a pdf format or video guides and sell it to your followers.

Find your market niche and create an informational guide around that niche. If you're in a small business niche, you can create a guide on a proven way to make money fast from home.

If you're in a fitness niche, a proven guide to lose fat belly fast without going to the gym always works best.

You can also write a keto diet plan guide and sell it to your followers.

There are a lot of evergreen informational guides and products to create and sell in the informational marketing method of making money on Instagram.

You can use sites like Sellfy.com to sell your informational digital products quickly.

As you know, traffic is what brings in the money. So, to utilize this strategy, you need to post this new digital product on your Instagram page to drive traffic to that Sellfy site.

PRO TIP

Do not spam your audience. Advertising your info product at least, two times a week is a great way to make money with your instagram page.

12. Begin an Engagement Group

In 2017, creating an engagement group was the fad, but this group is no longer as powerful as it was then.

You can use this group to network and get support for your account, but engagement from this type of group will not enhance your Instagram account.

Starting an engagement group on Instagram is another way to make money with your Instagram account.

Here is how to make money using this group.

If you are in an industry and there is no engagement group, start one and make money from group entrance fees from those that join the group.

You may also allow free access and sell premium services to all that join the group.

The group will function like sponsored places. To make this work, you must do a lot to convince your followers to join.

However, if you already have some followers that confide in you, convincing them won't be an issue for you.

13. Enlarge your real estate business

If you're into real estate, you will agree with me that pictures are the best ways of conveying your projects.

With a good quality picture, you will be able to get new clients, network with industry colleagues, and close deals using your Instagram account.

You can start promoting the short-term rental that you advertised on Airbnb and Bookings without any results.

Get a separate account for these rentals and start promoting them.

You can promote the rental in your feed provided it is appropriate to be there.

Take many High-quality pictures of the house and write a compelling description about them, if you can't write this yourself, you can hire someone to do that for you at a token.

Ask your tenants to take photos of the house and tag your personal Instagram account. You can reward them by offering them some incentives.

You may also provide them free booking the next time they come and a free voucher to eat in the restaurant close to your Rental House.

The cumulative actions will help you to start getting more people to book for the house through Instagram Buzz.

14. Sell Shoutouts On Fiverr

Selling shoutouts on Fiverr is one of the best methods that can earn you some money on Instagram. On Fiverr, you sell something from $5 and above.

With a massive Instagram account, you can offer a Shoutout Gig for Five dollars, and this could be Lucrative as the five dollars pile up over time.
To get started.

Head over to Fiverr.com create your seller's account.

Set up your profile…

PRO TIP

Browse other people's profiles that are already selling shoutout. See what they are doing, if possible, steal their keywords and twist it to make your profile stand out.

Create your gig…

Screenshot your profile dashboard and use the picture as your gig image.

Fiverr will approve your gig within 24 hours.

Now, it's time to make some dollars.

15. Share additional tips plus a free challenge program or promotion

Have you ever thought about running a free challenge on your website for your subscribers?

If you had, adding Instagram to the mix will help you to increase engagement.

You can increase the number of people that follow you by sharing additional tips to those that join you for the program through your Instagram account.

All you need to do is to share a unique hashtag for participants to that program.

That action will increase your followers and convert new and existing Instagram followers to email subscribers.

You can sell your informational products to these subscribers and bank in some money.

16. Create an on-brand feed

Are you still searching for an easy way to make money off your Instagram account? Creating an on-brand feed is a great way to start.

Anything you do online that touches people’s lives and changes their way of behavior positively will increase your brand awareness.

Thoughtfully portray your work and brand intentionally, and you will serve more people.

For instance, if your content creates that life-changing moment on the readers, you will get more subscribers and followers.

You do not have to be the most professional photographer or software editor to get these followers.

Take time to write your posts and news feeds, have a good profile photo, check your color, styles, and fonts, and make sure that you are looking the best way you can.

Getting more followers translates to a larger pool of those you can sell to and make some money.

17. Promote your work

Use Instagram to promote your latest blog posts, coaching package, or latest class naturally without spamming your followers.

Since you have followers mainly because they love to know what you are doing, they will also be more than happy to welcome any new thing you bring to their table.

Make sure you have quality images of Instagram size for your posts, YouTube videos, and podcasts.

Use Canva to create a perfect size Instagram photo.

Write a clear and captivating call to action descriptions under your image that will grab the attention and emotions of your followers to enable them to act promptly on your work.

Whenever you start promoting any new thing, update The LIVE URL link in your Instagram Bio.

This way, your followers and potential clients will know the specific action you want them to take. 

Promote only essential things on Instagram minimally. Most of your content must be non-commercial so that your followers know your brand, and it keeps motivating them.

If you share your latest work appropriately, this will help to increase your fan base and give you more clients that buy from you.

18. Make Use of Instagram Ads to Grow and Advertise your Business

The difficulty level in advertising your business on Instagram is medium. However, the earning potential is extremely high.

Just like Facebook, Instagram provides users with an opportunity of advertising their products or services to millions of people across the world.

With a broader reach, you can have more people getting to see your posts or page as you advertise on Instagram.

The social media space consists of different categories of people with different likes and interests.

If you want to make money on Instagram, then utilizing this platform will be a great way to start. Create an Instagram business account, adjust the settings to suit your needs.

In the settings panel, you will find several options about the age range, sex, niche, and the interest of the people you would want to see your posts.

You will have the option to select the geographical location of your audience so that you can meet a specific target audience.

The Instagram ads manager also allows you to pay for your ads through different payment methods. You can choose your billing amount and usage plan depending on your expected reach.

By advertising on Instagram, you can be able to create awareness for your products and services so that millions of people across the world can see your post.

That way, you may be able to get more patronage and make more money. You can track your ad performance to know how many people have seen your advert. 

Here are some other ways to advertise on Instagram spending little or no money

  • Organize EventsThink of ways to organize events that are interesting and post it to your Instagram account and use it as a medium for reaching your prospective buyers.
  • Giveaways: Giveaways have been proving as one of the best ways to grow an Instagram account with lots of engagement and brand awareness. Instagram giveaways will not only help in increasing your Instagram following; It will also encourage social sharing of your posts, products, and services.

19. Promote eBay Products

eBay offers an affiliate scheme like Amazon. Look for products that are Hot and selling at a low price.

You can start by buying one of the products, use it yourself, and share the testimony to your followers.

If you have active followers, you'd be seeing some questions like, "where can I get it? How do I get this product, please? How much does it cost?"

Take the affiliate link, shorten it with a URL shorter like bit.ly, put the link in your bio, tell them to check your bio for the link and price of the product.

If any of them purchase the product, you earn your percentage. So easy, right? This way, you can be making money off Instagram by promoting eBay products as an affiliate.

20. Sell Shoutouts On Seoclerks

Seoclerks is one of the largest SEO marketplaces. If you're an SEO expert, you can offer your SEO service and make money off the platform.

But then, I discovered that one could also make money on the platform selling shoutouts through Instagram.

How does it work?

  • Head over to Seoclerks.com
  • Create an account
  • Set up your service
  • Wait till you get an order (typically takes between 48-72 hours depending on how many followers you have)
  • Deliver your service and smile to the bank.

The Seoclerk methods might not work in every niche. This company targets internet marketers.

So if your niche is not related to the internet marketing niche, there would be a very slimline to make money selling shoutout to members of SEOClerks

The key to being paid more than $5 is to have massive Instagram followers. This way, people would like to advertise on your Instagram page even when your niche is not related to what they offer.

21. Make Money with Referral Schemes

Many companies like Google, Uber, ReadyTalk, Evernote, Tesla, Shopify, Airbnb, and many more will pay you to refer people to sign up with them.

This method is probably one of the easiest ways you can make money with your Instagram account. All you need to do is to sign up with these companies.

Grab the referral link and write a short post on what your followers will benefit if they sign-up with the website. You could earn up to $25 per referral.

22. Promote Music Snippets for Upcoming Artists

Promoting Music snippets is a good way to make money off Instagram. Look for up and coming musicians, seal a contract with them.

Discuss some ideas on how you can promote them through your Instagram account by them posting snippets of their music on your Instagram page.

Seal the contract, get paid, and do the simple job.

Here are some ideas to use in the music promotion

Create funny videos

You can create funny videos of these artists while the song plays in the background. You can ask your followers to use specific hashtags and tag their friends. This way, the video will go viral, and the musician might probably want to hire you again if he/she is satisfied.

Create a short dancing video

You can also make a short video singing and dancing to the song. Post the video using some creative hashtags so the video can go viral.

One of the benefits of this method is you're promoting the artist and promoting yourself at the same time. This strategy could earn you a whole lot of followers.

Make a list of your favorite played songs

This method is very straightforward and easy to do. Even a five years old kid can do this, all you have to do is to make a list of your most played songs, or probably your favorite songs.

You could write something like "List of my favorite songs this week" "My top 10 countdowns for the week" Most played songs in my bucket list." This way, you're engaging your followers and entertaining them at the same time.

People will always love to visit your page to get some inspirations on the song you're currently listening to so they could stay on track.

If you are a fitness trainer, you could always play the song at the gym while training, make a video of it, and post it on your Instagram page.

23. Sponsored Reposts

This method is one of the easiest ways to make money on Instagram. Almost similar to the selling of shoutout, but quite different. All you have to do is to look for people who need a paid sponsored repost.

You don't have to look for them if you have a good active Instagram account with massive followers. They will look for you, and offer you some decent amount of money for a repost.

It's left for you to accept or decline the offer.

To get this job done, download the Repost app, remove any name you see in the top, which is there as a default, create engaging quality content repost.

24. Grow and Flip Instagram Accounts You Own

Once you have developed competence in growing your main Instagram account, you can start growing other accounts and flip them for money.

This strategy may work against Instagram's terms of service. However, many individuals have made money flipping there Instagram accounts.

An Instagram account with up to 10,000 followers with a good engagement could be sold for $50-$100 depending on the niche.

Some high demand niches such as fitness, health, dating, home improvement, and business niche can go as high as $150 and above.

A website like Social Tradia could be an excellent place to flip your Instagram accounts quickly.

To sell it fast, contact others in your niche or doing the type of business you promote on Instagram and sell the account to any of them if they are interested.

How to create an Engaging Instagram Account

Engaging Instagram account is what will determine your success on how to make money with your Instagram account. Follow these steps to create an engaging Instagram Account that makes followers buy from you:

#1 Obtain testimonials from clients

Request video or image testimonials from your happy customers. Ask them to make a video of themselves using your product and upload the video on their Instagram page.

Images and videos reveal stories that are hard to contradict, and these images will bring social proof to your brand.

You can repost these images and videos on your Instagram page. This way, you will earn your clients some followers, and people will also contact them to share their experience with your product with them.

#2 Engage with Influencers By commenting Intelligently

When you leave intelligent comments on popular influencers’ Instagram posts, other followers will notice it, and it will help to grow your followers.

What happens is that when you make thoughtful comments. People will click on your profile to learn more about you.

If what they see interests them, they will start following you immediately. I have been using this strategy for long, and it has been working for me.

Each time I implement this method, I get over 100s of followers and engagement without even posting anything.

Make thoughtful and personal comments and remain authentic to grow your brand in the Instagram community. Those you could sell to will increase.

#3 Post quality images

To monetize your account on Instagram, start posting top quality images. Appeal to your followers’ taste for beautiful photos. Create magnificent images that tell your brand story in vivid colors. 

Say, your niche is real estate, show images of houses that are out of this world to hook your followers and get more followers who will buy from you.

#4 Brand Yourself

Before you can start making money on Instagram, you have to brand yourself, appear professional so people could trust you and your business.

Build a community, create a contest, and do some free giveaways giving out $20, $50 or even $100 gift cards to your followers.

If possible, giveaway gadgets, cash, or even laptops, ask your followers to return the favor just by reposting and tagging a few of their friends to benefit from the giveaways too. 

This method is the exact way Tailopez used to grow his Instagram fan base to up to 3 million active followers within some months.

You might be wondering how many followers you need to make money on Instagram.

Well, there’s no amount of followers needed to make money on Instagram.

If you have at least 100 active followers, you can make money by promoting CPA offers, eBay products, Clickbank products, Amazon products, and so on.

#5 Build extensive followership

To succeed on social media platforms or any business at all, you need avid followers who will continuously keep increasing and buying from you. Instagram is no exception; you need many followers.

PRO TIP

Be visibly active daily, as the more active you are, the easier it is for followers to become your fans, and you can easily convert this fans to potential customers.

Proven ways to enlarge and grow your followers on Instagram

  1. Always make use of niche related hashtags when posting your content
  2. Follow others who have an interest in your niche.
  3. Run contests
  4. Like and comment in posts that are related to your niche
  5. Socialize with your followers, try to always reply to their comments.
  6. Post at least four times a day
  7. Often post on your Instagram stories
  8. Do some giveaways

I don't advise using technological tools to grow your followers; these tools can get your account banned for life.

Growing your followers using the above natural way is always the best way to get organic engagement without risking your Instagram account.

#6 Involve your fans

Give recognition to your followers when they deserve it, and they will recommend your brand. You can achieve this quickly by a mention of any of them in your profile and post. Engage with them to farm out original quality content that you produce.

Get your followers to send you photos they took while using your products or record their user experience in a video to engage with you. You can also allow them to pick any method they are pleased with, to engage with you.

Create enthusiasm in them as they submit these photos or video testimonials by offering a discount of your product to fans that send the best picture or video.

You might offer recognition for any of them using your brand to make them stand out from the other fans.

Enlist an influencer to help you: Using influencers is one of the greatest strategy to make sales, grow followers and of course,make money fast off Instagram.

Find accessible celebrities on Instagram that are in the type of niche you promote its product.

Say, you are promoting fitness products, find popular influencers that are fitness experts and bloggers, business persons, or social media professionals having substantial fans.

Some of them would want to share their knowledge and how they got to where they are, the kind of food they eat, and how to stay fit.

Interview every of them and share their tips on your Instagram and your blog.

Your posts would cause a buzz, and you will get referrals and followers that could convert to buyers of your digital and affiliate products. To track these leads and conversions, create unique hashtags for this event. 

#7 Engage your followers with Video content

Videos are vital contents that engage followers on Instagram. Good videos can get you a steady inflow of followers.

Be creative; make videos that beat emotions. Trench the annoying intro about who you are. Your followers already know who you are, they want to hear something different, so go straight to the point to deliver your message.

Incorporate your brand Identity all through your video. Use your business logo as a watermark in your videos. Your videos should be 15-30 seconds long.

Conclusion

I started this article with a question about how to make money on Instagram. I have shared 24 strategies that you can apply to start earning money on the spectacular Instagram platform.

Besides, you learned how to set up your Instagram account to increase your visibility and how to create an engaging Instagram account that will make you money. Act now.

But I must warn that none of the methods is a get rich quick scheme. You must put in the hard work, engage your fans, grow your followers, and create valuable content and sell honorably to succeed in the Instagram community.

Did I miss any method on how to make money on Instagram?

If you think I missed any, kindly let me know using the comment section below this post, and I will add them to this list.