There are certain ways by which Instagram influencers can make money in 2022, but for that there are certain requirements that you need to fulfill.
Requirements to earn money from Instagram :
- You need to have a descent following. Around (7-10k followers minimum).
- You need to represent yourself as an authentic brand.
- You conversion rates should be decent around 10%-20%.
How much money you can make suppose if you have 10k followers ?
The amount you money can never be estimated exactly because the money you make on Instagram is directly proportional to loyalty of your followers.
But if we estimate, A creator with 10k followers can charge around 10-15 thousand INR per advertisement/promotion/brand collaborations easily or maybe more.
How many brand collaborations are okay, if you are just starting out ?
If you are one of Instagram influencers, you should be doing 1-2 brand collaborations of high ticket every month. On the other hand keep in mind that there are only human beings behind the screen therefore provide them the reason to keep following you.
Every brand collaboration should be balanced out by uploading the regular entertaining content without making audience over-whelmed.
Another way – Instagram Influencers can earn money indirectly.
Start a blog/YouTube, divert your audience there and then from AdSense you can roughly earn roughly around 100-200$ per month if your conversion rates are higher than 40%.
Suppose you have a following of 7000-10000 and roughly around 2000 people visit your blog/YouTube, you get roughly around 166 hours of attention from them in a week.
With average CPC $0.30 , that sums up around $200 a week just from AdSense. With various affiliate programs, this can be increased to 5x.
Since, we are talking about Instagram you can go and check my profile here.
Simple ways to earn money as Instagram influencers :
Brand Deals :
Brands with low marketing budget hire these kind of micro-influencers, where they pay money per post. What they look for in an influencer is :
- Amount of reach they get.
- Conversion rates from past brand deals.
Brand deals can be a certain way to earn good money without risking your position. Apart from that business which comes from brands can be sustained for longer duration of time.
A brand in longer run is always fruitful and increases your pay.
Paid Promotions :
Its just similar to brand deals, but many times in such form of promotions influencers are either paid in kind ( a sample product) , money or both.
This just varies on person to person and brand to brand.
Shout outs :
It’s the simplest and coolest way to earn money as an influencer. You just need to post a story and tag concerned person for which you can easily get around rs.1000 to rs.2000 per post based on your amount of followers.
But there are certain things to keep in mind :
- Your followers are your family and they trust you, therefore don’t push them in any place where they can loose money.
- Only promote legitimate accounts.
Selling stuff :
The traditional way of re-selling which used to be so popular around 2019-2020. You can just find bigger accounts, which sell products on cheaper rates. Contact them and find suitable deals.
Then sell the same stuff with your margin, which should not be more than 10% of product value and in the same way, you can earn around 5000 per month initially and it is scalable to around Rs.1,00,000-2,00,000 per month.
Hope you would have found the information useful. Make sure to share it with somebody who’s willing to earn money as Instagram influencers.
Till the time read other article published here.
