5 Ways to Monetize Your Instagram Following

Instagram has roughly 1 Billion monthly active users. This is a HUGE social media channel, and it just keeps growing at an unprecedented rate.

If you’ve ever wanted to monetize Instagram, NOW is the time to do so. Here are 5 ideas to get you started…

1: Affiliate Marketing – work as a brand ambassador for products you use and believe in.

2: Sponsored Posts and Shoutouts – when you achieve ‘influencer’ status, you can leverage this influence to promote brands that pay you via sponsored posts.

3: Advertise Your Own Products – if you have your own line of products with a loyal fan-following, then Instagram can be a great place to promote them.

4: Teach – you can use Instagram to get paid to teach your followers. Or you can teach content creators or brands how to market on Instagram.

5: Product Placement Videos – let’s say you make a video teaching people how to list build. Inside that video, you can promote your favorite autoresponder, website builder, and so forth.