Below are the few of the several most common ways to make money from Instagram:
Companies will pay you to create content featuring their products or services. You will need to have a large following and a highly engaged audience to be successful with this method.
You can promote products or services to your followers using an affiliate link, and earn a commission for every sale made through that link. Some of the affiliates are amazon affiliate program, Zingoy, Flipkart affiliate program.
Selling your own products
If you have your own products to sell, you can use Instagram to promote them to your followers.
If you have a skill or service that you can offer, you can use Instagram to promote your services and get clients.
You can work with brands to create a long-term partnership where you create content for them on a regular basis.
Selling you photos and videos
You can list your photos in marketplace like 500px and Twenty20 and get them licensed. You can sell license of your photos and videos via Instagram.
Monetizing videos/ IGTV ads
You can monetize videos and IGTV ads on Instagram. Instagram offers a Creator Fund that pays eligible creators for producing content on the platform. Creators need to meet certain eligibility criteria to qualify for the fund, which includes having a certain number of followers and meeting engagement metrics. Instagram also offers advertising options for businesses to promote their products or services on the platform. Creators can earn money by allowing ads to appear in their videos or IGTV content. This requires creators to sign up for the Instagram Partner Program, meet certain eligibility criteria, and have an established audience. Creators can also monetize their content by offering fan subscriptions. Fans pay a monthly fee to access exclusive content, and creators earn money from the subscriptions.
One of the most important and basic requirement to earn from Instagram is creators should focus on building a strong and engaged audience and creating high-quality content that resonates with their followers. They should also explore different monetization options and find the ones that work best for their audience and niche. It’s also important to follow Instagram’s guidelines and rules regarding sponsored content and promotions.