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How many followers do I need to earn money from Instagram

How many followers do I need to earn money from instagram ,It’s infuriating to watch influencers earning thousands of dollars for each Instagram post while we battle daily to see our follower count grow. We all want to be the next influencer to win lucrative sponsored agreements that allow us to travel the globe and eat the most appetising cuisine, but it’s difficult to gauge whether your account is ready to earn money.

Your follower count is one of the first indicators that users and businesses look at when determining your account’s impact, mostly since it is prominently displayed for everyone to see. Even yet, there is no one-size-fits-all Instagram follower figure that works for every influencer in every niche in 2018. Today’s article will discuss how to approach your following count and when to monetize it.

How much money can you make here:

This is the first thing that anybody considering monetizing their Instagram will ask, yet there is no definitive answer. There are many factors that affect how much money a user may earn from posting on Instagram, including the account’s niche, the method of monetization, the quality of posts, follower count, and engagement rate, to mention a few.

Sponsored posts are one of the most common methods for influencers to earn money on Instagram (if not THE most popular one). Because influencers establish their own rates for collaborating with companies, the earning potential varies even more here.

For example, an account that is just getting started with influencer marketing and sponsored posts may charge between $25 and $50 per post, while experienced influencers with 30-80k followers may charge hundreds of dollars for each post.

Once an influencer reaches 100,000 followers, they typically charge at least $1,000 for a single post, such as Sam Ushiro, who has 283k followers and costs $1,500 each post. Not to mention that superstars such as Kim Kardashian West, who has 107 million Instagram followers, may earn upwards of $500,000 for a sponsored Instagram post.

When you combine influencers’ broad range of prices with the diversity of companies they work with and the quantity of sponsored posts they get, it becomes quite viable to earn a full-time livelihood just through Instagram posting!

How many Instagram followers do you need to earn money?

The answer is… it depends! If you feel let down by my response, bear with me.

When companies want to collaborate with influencers, they want to ensure that their marketing dollars are being spent wisely. What companies really care about is how engaged your audience is, regardless of the number of followers, since this results in increased product awareness and possible sales for them. Additionally, brands consider how your following and engagement rate relate to your specialty and the quality of your articles.

Engagement rate is very important:

While the number of followers you need to earn money on Instagram may range from 1,000 to 1 million, one constant is strong interaction rates. It’s pointless to upload material on Instagram if your followers aren’t seeing it or engaging with it.

For instance, suppose you had $100 and wanted to increase your earnings. You could invest it with someone who had access to hundreds of thousands of prospective purchasers, but you observed that only around a hundred listened to what they said. Your greatest chance would be to invest that $100 with someone who has just a few thousand prospective customers, but they are all continuously monitoring what they say.

How many followers do I need to earn money from Instagram, The secret to earning money on Instagram is not in the number of followers. It has a high rate of engagement. Your engagement rate is calculated by dividing the total number of likes and comments on a certain number of posts by the total number of posts divided by the total number of followers multiplied by 100. (If you don’t feel like performing the arithmetic yourself, there are lots of online tools available!).

When you have a high engagement rate, businesses know that your followers are hearing what you’re saying and, even better, listening! They will spend their money on you since your followers will purchase their goods as a consequence.

Your selection of niche is crucial:

Did you know that 7 out of 10 consumers use social media to make purchasing choices AND that almost half of them depend on influencers’ recommendations? Whether you realise it or not, there are individuals out there searching for suggestions, and yours is one of them! If you are educated and enthusiastic about a specific area, you might make money just by advertising companies and goods that you already love!

Health/Wellness/Fitness, Travel, Fashion, Beauty, Business, Wealth/Finance, Luxury, and Lifestyle are some of the most lucrative Instagram categories. Users in these categories collaborate with many companies, produce a variety of different types of content, and have a great deal of success monetizing their Instagram profiles.

Consider Huda Kattan. She began as an Instagram beauty influencer and now has over 2 million followers. She just established her own successful cosmetics brand. Kayla Itsines is another famous Instagram influencer who began as a personal trainer but has grown to over 7 million followers and a sizable following for her bikini body guide series.

Certain niches are so precise that you don’t need a large following to begin getting sponsored articles, such as “hamburgers” rather than “food” or “acne skin care” rather than “beauty.”

Because micro-influencers in these particular niches have a more engaged, focused following, an increasing number of companies are partnering with them to market their goods.

Contrary to popular belief, you should not restrict yourself to sponsored articles.

Earn more revenue as an affiliate:

Collaborations with companies are not the only method for monetizing your Instagram account. Along with working directly with businesses on sponsored posts, you can also earn money on Instagram via affiliate marketing. Affiliate marketing is when a company compensates you when someone purchases a product you suggest. Typically, when you use a promo code or affiliate link, the affiliate marketing networks to which you belong will monitor the number of sales generated by your suggestion and will provide you with a portion of the earnings.

Selling affiliate goods is as easy as suggesting a product, as long as your tracking link or code is always included. The best way to begin is with goods you currently use and promote, and then investigate if those companies are already affiliated with affiliate marketing networks.

There are hundreds, if not thousands, of affiliate programmes in every area conceivable that you may join. Amazon Associates, Linkshare, Shareasale, and Commission Junction are just a few of the best affiliate marketing networks to join if you’re just starting started.

Earn even more money with your own goods:

By far the most effective method of monetizing your Instagram account is via the sale of your own digital goods. Similarly to Lucy Davis, a fitness Instagrammer who made over $20,000 in six months by selling her books online and marketing them on Instagram. Selling on Instagram is not as challenging as it may seem. It might be as simple as creating an ebook on your subject and selling it to your fans!

How to Get Started Making Money on Instagram , While there is no numerical barrier for defining oneself as an influencer and earning money on Instagram, this does not imply you should abandon efforts to build your following. Growth is always indicative of a strong, flourishing account, and once you reach 1,000 followers, a plethora of revenue opportunities become available to you.

In general, as long as your interaction is high and your material is of high quality, you are on the right road to earning money on Instagram.

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