How I Made $1,000 from 1 Instagram Photo and the Strategies You can use to Repeat My Success
I get asked all the time, “Alexis, is it possible to make money from Instagram?” The answer is YES! Today I want to share with you a few strategies for how to monetize your Instagram account and tell you about a strategy that I use to regularly earn hundreds of dollars for each promotional image I place. Now, before I begin, I do want to be clear, that these strategies are not about earning hard money from each and every photo you post on Instagram, in fact, these strategies rely on the fact that you will be posting more than just promotional images onto your Instagram feed in order to build your following. These strategies are also not a one and done deal, meaning they are most effective when you execute them regularly as part of a defined marketing plan for your Instagram account. As always with me and my strategies, it’s about finding a strategy that works for your brand and business and then consistently executing it and growing your results over time. Let’s get started!
First things first, growing your following!
Before I talk about the strategies for earning income from Instagram, we need to talk about the fact that you first need to have a following on Instagram for any of these to work. How big the following needs to be honestly depends on your brand and the market you are selling to, but I do believe that even a small following of 300, as long as it contains a few dozen active followers, will yield results. Obviously, the more followers you have, the more income you can earn! In the meantime, just understand that more followers usually mean more sales (usually because you can’t try to sell something that doesn’t relate to your audience and expect sales) so your personal results will vary, but I have used one of these strategies in particular to earn over $1,000 in 24 hours! Yes, it happens people. It’s not a daily occurrence but when you start integrating these strategies consistently, it is possible to have days where you make big bucks from one single image!
Strategy #1: Affiliate Links & Income
The first strategy for earning an income from your Instagram account is to feature affiliate products and use affiliate links to help people purchase items in your image. If you aren’t familiar with the term affiliate, what this means is that you are promoting the products or services of others and earning a commission from your referral. There are many affiliate programs you can join to help promote the products of other businesses, and the way you use this strategy is to take a nice styled photo of the product in question and then share a link to where people can purchase it in the description. To help with this, I tend to create short links via bit.ly which makes it easier to direct people to the product. Take a look at the image and description for Strategy #1 and see how I have used this strategy in the past!
Strategy #2: Sponsored Posts
The second strategy for earning an income from your Instagram account is to make sponsored posts, which means that a company or business is paying you to share an image of their product in your Instagram feed. More and more this has become a common practice, however, this route does tend to have two drawbacks. First is that when you get paid to sponsor an IG post, usually the amount isn’t a large sum of money. Maybe $20-$100, so you would have to find numerous sponsors or alternate income streams for your IG account in order to make serious money from this strategy. Second, finding sponsors for Instagram is very much dependent on you having a large following in the thousands at the very least. So you do need to have a larger following for this strategy to apply to you, but I have seen some instances of smaller businesses working with niche IG accounts. For me personally, I haven’t engaged in sponsored Instagram posts for a long time, because since starting my own business, I don’t need to get sponsors elsewhere, but check out the image and description for Strategy #2 for an example of how I have executed a sponsored Instagram post in the past.
Strategy #3: (THIS IS THE BIG ONE!) Product Promotion
The third and final strategy for earning an income from your Instagram account is to promote your own products or services via your account! This is the strategy that I have used time and time again to earn hundreds of dollars per post. In this strategy all you need to do is share nice styled photographs of your products and, ideally, run some sort of short term sale or promotion to encourage people to purchase your product as soon as possible! That’s it! I know that sounds pretty simple, and it’s because it is. The hard part is growing your following to the level where you can share one picture and a sale here and there and it yields you incredible results. So, let’s go ahead and take a look at the example for this strategy, that $1,000 photo and description I used to get quick sales in one single day!
Now that you know the strategies for earning income from Instagram, go forth and execute! Of course, I have one more little tip, or resource really that I’d highly recommend you check out if you are serious about growing an income on Instagram. My new FREE Webinar ENTREPRENEURSHIP IS THE NEW BLACK is coming soon and it is filled with key information and strategies you will NEED to build a cohesive online business strategy around instagram! Sign up TODAY for this FREE offer and you’ll be well on your way to Instagram success!
This article was originally posted on StrangeCharmed.com on February 8th 2016 and is being reposted for the new members of my community who may have missed it!