Instagram is the most popular social media platform for monetizing content creation at US$13.8 million in 2021 and is the sixth most used social network worldwide. Monetizing your account can turn it into a great source of investment capital, allowing you to take more risks without danger to your primary income.
The Necessity of Exposure for Monetizing Your Instagram Account
Getting more views of your Instagram posts is essential to increase your exposure. But when you are starting, and you only have a few views, increasing your traffic organically can take forever. We recommend you buy Instagram views to kickstart your account’s initial growth.
An increased number of views acts as social proof, driving other people to view your posts and follow you. The result is more organic followers, vital to your long-term success. Posting quality content encourages your audience to engage by liking, sharing, commenting, and saving.
Increased engagement allows you to charge a higher price for endorsements. Affiliate marketing, e-commerce via an Instagram shop, and or subscription (currently being tested) also benefit from an engaged audience.
Investing Your Instagram Income
Many people use their Instagram income for daily expenses. But as you are interested in wealth creation, we recommend setting up a separate bank account to harvest money from your Instagram account and directing all of it into investment options such as forex, crypto, shares, or derivatives such as CFDs.
Using such a secondary income source allows you to go for higher-risk investments with correspondingly greater reward potential without endangering your primary income stream.
Ways of Monetizing Your Instagram Account
There are several ways of monetizing your account, from the well-known to the experimental. Here are some of the most recommenced ways to monetize your IG account.
Influencer Marketing
Brands will reward you for in-feed photos or videos, a reel, or some combination thereof where you feature a company’s product, rave about it, and tag the brand. Reach out to brands and negotiate with them, demonstrating that you have good reach and engagement.
Affiliate Marketing
By sharing a trackable link to a brand’s product via a story, any sales from customers clicking through that link will earn you a small commission.
E-Commerce
Instagram Shop allows you to integrate an e-commerce store with your profile and promote your offerings via Stories, posts, and the Shop and Explore tabs. The greater your exposure and engagement, the higher your chances of making consistent sales.
Bonuses from Instagram Reels or Live Videos
Instagram discontinued in-stream video ads and switched to ad revenue sharing on Instagram Reels. However, they have also discontinued this, and they reward you with bonuses for regularly posting Reels and generating high user engagement.
They also offer invite-only bonuses for live video milestones. Maximize your chances of earning bonuses by focusing on preferred formats such as Reels and consistently posting excellent content your audience loves.
Earn from Badges Awarded During Livestreams
Your live video viewers can buy badges at various increments to support you. Ensure that you mention this means of patronizing you to your viewers and thank those who buy. This feature is currently only available in the US and is subject to certain restrictions.
Instagram Subscriptions
Instagram is currently testing a subscription option, where your audience pays a monthly fee to patronize you and is rewarded with exclusive content.
Final Thoughts
Instagram monetization is an excellent source of income for investing. Maximize monetization by increasing your exposure and engagement. You can do this by sharing great content; however, you should kickstart your profile’s exposure and engagement by buying quality views.