How to make money on Instagram - Elise Darma (2024)

How to make money on Instagram - Elise Darma (1)

What’s your end goal when it comes to growing your Instagram account?

If you’re here, you’re likely interested in Instagram growth – but why?

For some, it just feels good to get that dopamine hit when “likes” go from 0 to 100, or when your account finally goes from 9,999 followers to the coveted 10k.

If you’re interested in more than just the vanity metrics of Instagram – AKA turning your followers into customers or sales – then read on, friend.

Let’s be real.

When it comes to the state of social media today, I think we’re all past the point of wanting followers just for the sake of it. I mean, what’s the point?

Like when I see people promoting their methods to gain a gazillion followers, I feel bad for those who buy into their “magic” ways.

What good is a bunch of random followers if they don’t care about your product or service? They won’t have any effect on your bottom line or sales.

Now,shifting your focus to gaining *targeted* followers is key. People who care about what you have to offer, and are willing to join your mailing list or shop your product is THE GOAL.

Which would you choose?

Imagine this: you’ve worked hard for years to grow your Instagram account to 20,000 followers and you wake up one day to find Instagram shut down. Or your account is gone. Whatever the reason, if your account dies today, what are you left with? A whole lotta nothing.

Second scenario: you grow your Instagram account to 10,000 followers where 10% of them turn into customers on your website.

If Instagram were to shut down and you lost all your followers, you’re STILL left with 1,000 happy and dedicated customers who you can continue to communicate with (and sell to).

Which scenario sounds good to you?

Alright, so if you’re still with me here on the importance of growing a targeted community of followers, AND you’re interested in the monetization methods of Instagram, let’s dive in.

1. BECOME AN INFLUENCER.

You might be thinking, easier said than done!

And I don’t disagree with you. Becoming an influencer is a goal for many, but few reach this point.

I’m not gonna lie, growing your account to the point that you’re considered ~influential~ takes consistency, dedication and time.

(P.S. taking shortcuts by purchasing followers or likes is a big no-no as both methods hurt your engagement, and brands can see right through this.)

Once you’re at the point where your account is showing a healthy number of engaged followers (by the way, there’s no “golden rule” number here as brands also work with “microinfluencers” in the range of 10k-100k followers), you can start monetizing your account through sponsored posts.

You’re likely familiar with sponsored posts, where a brand or product is featured in the image and caption. The goal is to keep the caption conversational and not spammy-sounding.

Before jumping into this world, you’ll want to get familiar with the advertising regulations according to your country. In the U.S., for example, it’s federal law to disclose if a post is sponsored. I’m no lawyer, and you can read all about it straight from the FTC, but it’s generally sufficient to make the disclosure prominent by using hashtags such as #ad or #sponsored.

Depending on your account’s numbers, you could make anywhere from $50-$1,000 (/the sky’s the limit)for a sponsored post. And oftentimes, these deals with larger brands turn into partnership agreements where you’re promoting the brand more than once and on a larger scale. For your wallet, this means a bigger payout too.

2. DRIVING SALES THROUGH THE LINK IN YOUR BIO.

There’s a popular misconception that posting on Instagram automagically means you’re making money straight from the app. This isn’t necessarily the case.You gotta be prepared to play the long game.

But who might this scenario be true for? Etsy shops. Ecommerce sites. Any marketplace that sells easy-to-buy, lower-ticket itms.

Who might this be very unlikely for? Bloggers selling e-products. Freelancers selling services. Coaches selling $1,000 programs.Thought leaders selling top-level courses.

So for most blogs and businesses, you’ll need to get people *off* the Instagram app and onto your homepage, landing page or opt-in page via the link in your bio. How to make money on Instagram - Elise Darma (2)

In this case, they say “the money is in the list.” If you’re at this stage with your blog or business, you’ll want to leverage the traffic to your Instagram profile to grow your mailing list.

From there, you’ll communicate with your prospects via email. This could be to introduce them to your products or services, or even just to gauge what “problem” they have that your business can solve for them (this is handy information to gather even before you have a product or service to sell).

Overtime, you’ll see sales come in through your efforts of a) growing your account by attracting targeted, ideal customers and b) turning those followers into customers by giving unique offerings through the link in your bio.

Got questions?

LET ME KNOW! Leave your question in the comments 👇

Sell more by doing less in my free Instagram workshop!

If you loved this blog post and want even more how-to tips on making sales through your Instagram account, join me for my FREE hands-on workshop.

How to make money on Instagram - Elise Darma (3)

In this ~co-working~ style workshop, we’ll check off:

  • What your best Instagram strategy is –even if you’re new in business or are just starting to use Instagram for your business (PLUS, we’ll give your profile and bio a total makeover)
  • What your current season of business is and which features you should focus on to get the most results for your efforts
  • How to navigate making reels for your business, especially if you feel silly pointing or dancing on camera (PLUS, we’ll generate 80 content ideas for your next posts –yes, 80!)
  • Future-proofing your account for inevitable changes that are coming to Instagram (including an evergreen formula that’ll never go out of style)

Join me at this FREE workshop now ⬇️

How to make money on Instagram - Elise Darma (2024)

FAQs

How much do Instagram reels pay for 1000 views? ›

Does Instagram pay you for views? Well, the short answer is: No, anymore. Once Instagram used to run a program named Instagram Reel Play bonus (Stopped in March 2023). Under that program, a creator could earn something between $0.01 to $0.05 per 1,000 views for reels.

How much does Instagram pay for 1k followers? ›

Instagram accounts with 1,000 followers make $1,420/month on average and up to $100 per sponsored post.

How many followers do you need on Instagram to make money? ›

You can accomplish this with 1000 followers, but more followers can often mean more money. According to some research, an Instagram influencer needs approximately 5000 followers to earn around a hundred thousand per year. That number will vary based on each individual profile and its follower base.

Do you need 10k followers to get paid for reels? ›

Facebook Reels monetization requirements

You have to be a content creator and: Have more than 10,000 followers. Have at least five videos. Have 600,000 minutes of viewership over the last 60 days.

Can I get paid with 500 followers? ›

Typically, you'll get paid per post, with your follower count and engagement rate setting the price. Nano Influencers, who have 500 to 10,000 followers, get paid between $10 - $100 per post. Micro influencers, who tend to have 10,000 to 50,000 followers earn about $100 - $500 per post.

Do Instagram pay for reels? ›

Ads on Instagram Reels gives eligible creators a way to earn money when they allow ads to be placed on their reels. The more monetization-eligible plays you receive on your reels, the more you earn. Instagram will place ads for creators, optimizing for the viewer experience.

Can Instagram pay me money? ›

As an Instagram creator, you can receive payouts of your earnings from these monetization tools: Note: Earnings from branded content are for projects on the creator marketplace that state "paid through Instagram" only. To add or manage your Instagram payout settings, tapPayouts in the professional dashboard.

How much does TikTok pay? ›

"According to reports from top influencers, TikTok pays around $0.02 and $0.04 for every 1,000 views. These are reports based on payments received through the TikTok Creator Fund. This is a program that TikTok introduced in 2021 in a bid to compensate content creators for creating content on the platform.

How many followers do you need to make a living? ›

While there's no magic number of followers required to start earning, reaching around 5,000 – 10,000 followers is often seen as a milestone where collaboration and sponsorship opportunities increase. However, it's important to remember that how many followers you have is just one piece of the puzzle.

How many followers on Instagram to get a blue check? ›

There is no required number of followers that you need to get verified on Instagram. Having said that, one of the core requirements for getting approved is having a notable account. This means that your account must represent a well-known and highly searched-for person, brand, or business.

Is 1000 views on reels good? ›

Reaching 1,000 views on a Reel can be considered good, especially for individuals or small businesses who are just starting. It means that your content has gained some visibility and may have resonated with your followers or a broader audience.

How much does Instagram pay for 20K views on reels? ›

The Instagram Reels Play was an invite-only program where creators would earn based on the number of Reels they created per month and the number of views they got. She earned an average of $200.56 per 20K-30K views, which is equivalent to earning $8.35 per 1,000 views.

How much Instagram pays for 2,000 views? ›

Instagram does not pay users for likes or views on their content. While Instagram does have an advertising program where businesses can pay to have their content promoted to a wider audience, the platform does not pay users directly for engagement on their posts. The amount of engagement (likes, views, comme...

Do you get paid from Instagram reels? ›

Ads on Instagram Reels gives eligible creators a way to earn money when they allow ads to be placed on their reels. The more monetization-eligible plays you receive on your reels, the more you earn. Instagram will place ads for creators, optimizing for the viewer experience.

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