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5 Easy Ways to Make Money on Instagram

5 Easy Ways to Make Money on Instagram

With over 300 million users sharing more than 70 million photos and videos each and every day as of January 2015, it’s not all that surprising to realize that several big Instagram users are raking in big bucks from the millions of people who follow them and engage with their posts.

What’s even more inspiring is that most of them are just normal people who stayed persistent with posting and interacting on their accounts to build up their followers over time.

If you love interacting on Instagram and have a sizeable number of engaged followers, or if you’re at least willing to put in the time and effort to start building it up, then there’s no reason why you shouldn’t be able to start making hundreds or even thousands of dollars from this one social platform alone.

There are lots of different routes you can take to start earning, and while they may seem “easy” on the surface, keep in mind that any kind of online income generation strategy takes time and work before you start seeing real results.

Here are five popular options you have to start making money on Instagram relatively quickly if you have great posts and/or a big following.

1. Sell your Instagram photos to brands that want to use them.

Suggested tool: Foap for iPhone and Android

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    If you just love taking photos with your mobile device and consider them to be of pretty high quality before posting them to Instagram, then it’s very possible that you could start licensing your photos to companies that are willing to pay to use them for their own brand building purposes.

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    Foap is a popular online photography marketplace that let’s you do just that. You can sign up for free, create a new user profile, build your portfolio to start attracting buyers, and browse through the “Missions” section for high paying projects that companies are specifically looking for.

    This is perhaps the easiest way to start making money from the existing Instagram photos you have, because you don’t necessarily need to have a huge following to do it. All photos cost $10, and the only major downside here is that Foap takes half of it.

    Payments are delivered to you by PayPal, and since it’s a community-based marketplace, you can browse other users’ photos, follow the ones you like to see their photography in your home feed, and also give and receive feedback. You can check out this user profile for an example of what a typical profile might look like.

    Foap Missions always start at $100 and go up from there, so if your submission is chosen and purchased by the company that launched the Mission, you could earn quite a bit. Just keep in mind you’ll be competing with several other users and their submissions as well.

    2. Earn commissions for selling other companies’ products or capturing leads.

    Suggested tool: Peerfly

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      Selling other companies’ products and services or capturing leads for them is another fast and easy way to start making money on Instagram. Peerfly is a popular affiliate network that allows you to sign up and get started for free.

      Once approved, you’ll be able to browse their current promotional offers listed as “Social” under the “Traffic Methods” tab. You can then sort through the offers by pay, earnings per click (EPC), or click-through rate (CR) to choose something you’d like to promote.

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      All you need to do to start promoting an offer is copy the unique URL and paste it in your Instagram bio’s website section. When other users’ click on it to check it out, you could earn a commission if they decide to enter their personal information (like their email address) or buy something. An example account of someone who’s selling another company’s products is @bookwcrms — T-shirts, in this case.

      What’s great about a network like Peerfly is that you can easily earn a few bucks just for capturing leads, which is much easier than making sales.

      You may have to request approval from Peerfly first before you can start promoting, however, but getting approved is usually no problem. Make sure you stick to the offers listed under the social traffic methods only, since Instagram is a social platform.

      3. Capture email subscribers and refer them to affiliate links (or your own products).

      Suggested tool: MailChimp

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        If you do pretty well with capturing leads for an affiliate or CPA network like Peerfly, you might want to consider building your own email list of leads. MailChimp is popular email list-building service that lets you gather up to 2,000 email subscribers for free. You can also create and schedule emails to be sent out to your subscribers, which you can use to send them purchase links to affiliate products or even your own products that they may be interested in buying.

        MailChimp is a fantastic tool to choose for this, because it lets you easily build your own landing page forms and email templates so you can make it look and say exactly what you want. Once you have your landing page set up, you can simply copy and paste the URL into your Instagram bio’s website link

        Instead of sending leads to another company’s email form, you’ll be sending them to your own. A good example to check out is @home_business_profits, who’s currently sending people to his own email submit form in the website section of his profile.

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        You won’t make a couple bucks for every user that signs up, but you’ll have the ability to keep in touch with subscribers by email, build a relationship with them, and sell to them again and again as long as they decide to stay on your list.

        MailChimp makes it easy for beginners to get started, but if you end up collecting 2,000 subscribers or maybe want more options to interact with your list, you may need to sign up for one of MailChimp’s premium packages.

        4. Join a multi-level marketing company to build your own team of network marketers.

        Suggested tool: Team Beachbody

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          Instagram is a very open and social place to show off visual content, making it a premiere platform for inspiring people and making lots of new friends.

          There are countless network marketers who have built solid businesses through Instagram alone, selling the products of the MLM companies they’re promoting to users who love looking at their photos or videos. Many of them even end up bringing on new people they meet on Instagram to join their teams.

          Since there’s such a massive fitness community that’s so incredibly active on Instagram, Team Beachbody is a good MLM company to consider working with.

          You can easily start posting photos of your healthy meals, your workout routines, and anything that might offer inspiration or motivation to followers who want to get in shape. Don’t forget to provide the URL in your bio to your network marketing website or product link, and make sure to include some contact information in case users have questions.

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          There are tons of accounts out there to check out how it’s done, but a popular one in particular you can check out is @mindywender, specifically for Team Beachbody network marketing.

          Network marketing on Instagram may not be as easy as some of the options presented above, but if you’re a hard worker and avid user of the products you’re promoting, it can quickly become a very lucrative home business.

          The major downside here is that most MLM companies require you to invest in a starter package and/or monthly fees to stay active and promote their stuff. On the upside, you’ll be placed under another team member who can help you start earning and building your own team.

          5. Connect with advertisers that are willing to sponsor influential Instagram users.

          Suggested tool: The Mobile Media Lab

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            This last Instagram money-making tactic is really only easy if you’ve got the followers and engagement to show for it. So if you’re someone who has ideally tens of thousands of followers or more, and you can rack up lots of likes and comments within minutes of posting, then you may be in good position to try getting at least a few good sponsorship deals from companies that would be willing to pay you to promote their brand to your audience.

            You could reach out to companies’ marketing departments directly, or you could try applying to The Mobile Media Lab instead — a creative agency specifically focused on bringing influential Instagram users and advertisers together.

            If chosen, you could easily start earning hundreds or thousands of dollars for a single post that features a product from big brands like Coach, Expedia, Timex, Puma, and others. @weworethat is a massively popular Instagram account that pulls in over six figures in sponsorships from apparel and accessory companies that want their products featured on her account.

            Making money here is the easy part — building a huge, loyal following is obviously not so easy. The good news is you may be able to score a few smaller sponsorships even if you have below 100,000 followers. The Mobile Media Lab has a sign-up form to apply to work with them, but given that they’re only interested in working with the most influential Instagram users, there’s no guarantee you’ll be approved.

            Instagram has really opened up some new doors for business owners and entrepreneurs all over the world. Whether you’re just a student looking to make a few extra bucks on the side, or the CEO of an international company looking to build its brand and reach a new audience, Instagram can help you do it.

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            Elise Moreau

            Elise helps desk workers lead healthier lifestyles. Visit her website on her profile to get a free list of health hacks.

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            Last Updated on June 26, 2020

            25 Easy Tips on How to Save Money Fast

            25 Easy Tips on How to Save Money Fast

            “How to save money fast?” This is the question asked by all of us not in the top 1% of rich people.

            If you are looking for ways to drastically reduce your expenses immediately, first look at what you need to spend money on every week. And I mean really need.

            You don’t really need to order in food. You don’t really need to buy expensive perfume.

            Building from that, you can work out how your regular expenses can be reduced.

            As for irregular expenses, they can also be deceptively costly in the long run. Once-off buys can also be tackled with some prudent planning and a little extra research.

            And remember: a budgeted lifestyle does not mean a bad or boring one!

            But first, understand what budget you can cut down on daily:

            • Regular expenses for the average adult (can be trimmed but not eliminated):
              • food
              • rent/mortgage
              • cell phone
              • insurance
              • socializing/entertainment
              • transportation
              • hygiene products
              • household bills
            • Irregular expenses for the average adult (can be eliminated or cut down a lot):
              • travel
              • clothing
              • medication (*depends)
              • grooming (hair, nails etc.)
              • gifts

            Now, let’s dive right into the 25 ways to save money fast:

            Save Money on Food

            1. Bring a stock of food to the office/work

            Instead of popping out for an overpriced salad and a smoothie, leave a set of basic utensils at the office as well as a stock of non-perishable goods such as tinned fruit, tuna, rice crackers and so on (try to avoid the junk food and this can turn into a pretty great diet!).

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            Stocking up means you won’t forget or say “I didn’t have the time” when you rushed out to work in the morning.

            2. Buy the store-brand version

            Many basic foods, such as bread and milk, will taste exactly the same as their branded alternatives. Go for stuff with minimal additives and preservatives. Meat in a tube is probably insanely unhealthy!

            3. Eat cheaper cuts of meat

            Learn how to tenderize and flavour cheaper meat and fish, and save on the (typically) most expensive item on your grocery bill.

            4. Have group dinners

            If 10 friends put $5 each in the kitty, it’s pretty easy to make a giant lasagne and get refreshments, as well as hang out with your favourite people.

            Save Money in Transport

            5. Get a bicycle

            Save on gas money and bus/metro fares with this underrated mode of transport.

            6. Use public transport and/or don’t get taxis

            Some places can only be reached by car. But as a good practise, check your public transport website and see if any routes pass nearby where you need to get to. Walk as much as you can.

            7. Find the cheapest gas

            Regularly check out where the cheapest gas can be bought.

            Save Money in General Shopping

            8. Shop online

            Not only will you save on the gas or transport fares from going to the shopping mall but you will also find better deals

            9. Sell your old stuff

            Get your unwanted belongings up on eBay ASAP and earn a few dollars.

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            Here’re more ideas for you: 25 Things to Sell to Make a Lot of Money

            10. Bulk buying stores

            For regular non-perishable/slow perishable purchases such as toilet paper, cat food, pasta, washing powder and so on, do an epic stocking-up trip to a co-op or equivalent (my mum used to go to a place that restaurants buy from).

            Be wary of supermarket “deals”, as some have been found to be fraudulent after working out a simple calculation.

            11. Become a flea market/car boot sale/street market guru

            You can find original gifts and develop good negotiation skills at these places.

            12. Generic brand medication

            More often than not, the generic version of paracetamol and other basics work the same as the branded version.

            13. Choose deodorant, not perfume

            It blows my mind when someone drops $70 on a bottle of spray. Stick with a nice deodorant, and not only will you smell just fine but you’ll be sweat-free as well!

            Cut Down on Household Expenses

            14. Printing

            Ink is one of the most expensive substances in the office and coloured ink is doubly so. B

            e more efficient and choose black and white, and if your printer doesn’t have a print-both-sides options, just print odd pages first, re-insert the paper and print even pages.

            Expand the margins of what you are printing as often as you can to save on paper.

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            15. Minimize SMS and phone calls

            A combination of a free chat service such as WhatsApp and a free call service such as Skype can reduce your bill to nothing (so long as you have a decent Wifi connection).

            16. Shop around for insurance

            Most people don’t spend enough time searching for the best insurance deal.

            Keep a watchful eye out for deals and new competitors in the market.

            17. Try re-negotiating your rent/mortgage

            If you have built up a good credit history or a good rapport with your landlord, then chances are a frank chat about needing to tighten your spending could result in lowering your payments. You’ve nothing to lose from trying.

            18. Don’t get a TV

            Invest in a computer/laptop and an internet-only package. You can watch more (and often better) entertainment on the web, and skip the advertisements as well.

            19. Pool your internet bill with a neighbour

            My apartment building is basically a big old house split into three apartments. There are five of us in total. We pool the internet bill, making it crazy cheap.

            Save Money in Socializing, Entertainment And Travel

            20. Have house parties

            Instead of paying for overpriced drinks, set up a series of in-house get-togethers with your friends. Everyone takes a turn, so it’s not always your house that needs cleaning.

            For sound insulation, hang heavy drapes on the walls and windows. For music, invest in a good second-hand set of speakers which you can connect to your computer. Let Spotify or Grooveshark playlists do the rest.

            21. Open festivals, meetups and events

            It never fails to surprise me how much underground stuff goes on around me for free or for very cheap. Find out who runs the blogs and websites that list all the less well-known cultural activities.

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            22. Volunteer

            If you can’t pay for a ticket, volunteer and get to be there anyway.

            23. Housesit

            There are multiple housesitting websites offering you the possibility to avoid paying hotels and skip the discomfort of crummy hostels.

            Save Money on Hygiene and Beauty

            24. DIY beauty

            French manicures, pedicures, waxing, eyebrows… pretty much all of these can be achieved at home (and done well) with some practise. There are plenty excellent blogs and YouTube tutorials to help.

            25. Fewer haircuts/volunteer at a trainee hairdresser

            If you can’t bear the risk of a trainee touching your locks, learn more ways to manipulate your hair as it grows and get haircuts sparingly. Women’s haircuts are outrageously priced in many cities.

            Bonus: Effective Money-Saving Tips for Everything

            Here’s a summary of what you can generally do to save more money:

            • Share/pool resources. Organize a neighbourhood sharing scheme, common resources for your apartment block or with your friends. Not everybody needs an individual lawnmower.
            • Buy energy-saving everything. The easiest way to lower your bills – replace those lightbulbs!
            • Buy in bulk. Be sensible about it (i.e. make sure you have space!), and drastically reduce weekly expenditure.
            • DIY. Skill up using YouTube tutorials on plumbing and many other essential services so you never have to pay for simple problems again.
            • Research a lot before making a decision. Most money-wasting is the result of poor preparation and planning. Don’t shirk this part just because you don’t like it!
            • Use your network. Your network is full of resources that can ease the pain of budgeting. Ask for help.
            • Stop and think. Do I really need it?

            Unfortunately, there are some things that require plain ol’ giving up for the time being. This can include high-cost sports such as skiing, the latest versions of some technologies, the finest brands of food/drinks, premier seats at the opera and most other indulgences.

            What is important to remember during lean times is that when you look back on your life, it will be the experiences that stand out, not the extra comforts.

            Living on a budget can teach you a lot about how much you can really get out of your paycheck. We only live one life, so make the most of every penny you earn!

            More Tips for Personal Finance Management

            Featured photo credit: Unsplash via unsplash.com

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