How you can get paid on Instagram, depending on the number of followers you have, and how much you can expect to get paid for your Instagram following.
Are you an active user of the Instagram platform, but are now looking for ways of profiting from the application? If this is the case, then you will be happy to know that there are many ways for you to get paid from Instagram and all it takes is a little bit of creativity.
How many followers do you need to get paid on Instagram?
Having the right amount of followers on the platform can help increase your chances of making money from your following. The more the merrier in this case, but you really do not need excessive amounts of followers to be able to start small in generating some cash from what you do have.
To be able to make money off of the number of followers you have will depend on some factors. These include the niche you fall under and how it can be directly tied to a product or service grouping, such as popular ones like fashion, beauty, food and fitness.
Another factor that could determine the amount of money you make depending on your followers, will rely on how engaged your followers are with you and your content. Moreover, how much of it they are consuming with the last factor being the other revenue options you are making use of.
It is important to note that while having many followers will definitely work more to your advantage, people with even 1 000 followers can find themselves making money if they come with ideas to attract a market with the few followers they have.
Depending on the number of followers you have, how much can you expect to get paid on Instagram?
In this case, it will pay to be as popular as you can be, as the number of followers you have can determine how much you can anticipate making for every post that you have set out to make a profit from. For influencers that have a following of between 6 000 to 10 000, on average, they can expect to make $88.00 for every post they put up.
Those with close to 100 000 followers can expect to get $10.00 per 1 000 of these followers. For those with between 50 000 to 80 000 followers Instagram influencers, can expect to earn around $200 for every post they put up.
Reaching the one million followers mark will mean great news for influencers, as this means that they can look to make over $600 for every post. Accounts with between 250 000 to 500 000 followers will make close to $670 per post.
For those who are enthusiastic enough and still think that they can do more, they can explore other avenues to increase on the money they are making and leveraging their followers by doing this.
How can working with brands make you money on Instagram, and how can you find them?
When working with brands, influencers have the opportunity to decide for themselves how much they are looking to get paid from these brands. Both parties can negotiate on the terms of their agreement, which will pertain to being paid for only one post or a whole campaign.
It is important for influencers to understand that they are not only providing their content but also their audience, and if that audience is already large then that works to the influencers advantage when considering costs. For an influencer with up to 100 000 followers, they can charge up to $500 per post for the brand’s promotion.
When it comes to finding brands to work with you, you can look into listing yourself on the influencer marketplaces available in order to increase your chances of people coming across your profile.
These include Fohr, Grapevine Village, Crowdtap and indaHash. You are able to list on Fohr and get access to an influencer card. Grapevine Village will require you to have 5 000 followers or more to be able to list with them, Crowdtap offers you a platform to come up with small content creation tasks where you can earn rewards, great for influencers with smaller audiences, with indaHash, brands will put up some campaign that you can engage in.
You would need to post a picture on Instagram, making use of specific hashtags to get paid. You would need about 700 followers to participate.
So, Instagram is a platform that offers you the opportunity to earn some money for the number of engaged followers that you have and your content.