5 Real Ways to Make Money on Instagram in 2019
- lauren
- Jul 15, 2019
- 5 min read
Updated: Jul 18, 2019
In this post, I will share with you five real ways to make money on Instagram. Now I am not a famous influencer and I do not make my money with brand deals. So don't worry, you don't have to become famous or even show your face online for each of these methods.
If you're visiting my blog for the first time, my name is Lauren and I've been studying online business for a few years now. Here you'll find the best tips, tutorials, and tools to grow your own online business. Thank you so much for taking the time to read this post, and if you want to receive more information on how to work from home and achieve financial freedom you can subscribe to my email list at the bottom of this page.
1. The first and easiest method to make money on Instagram is growing a theme account and then selling shout outs. A shout out is basically another term for a promotion. Someone pays you to post on your Instagram account. People buy shout outs for many different reasons. Most of them just want to promote their product on your Instagram account to your followers. However, some of them just want to post on your account so they can get more exposure to their own Instagram account. Most people use the DM's to contact you, agree on a price, and schedule everything there. There are other ways like listing your account on a website like Shoutcart to contact you there and also pay you through that platform. Selling shout outs is, in my opinion, the easiest way to make money on Instagram because there really isn't much skill required. They contact you, you tell them the price, they send you the payment and the post, and then you post it.
The hardest part about this first method is actually growing the audience. Unless you already own one or more Instagram accounts with thousands of followers, it's going to take time to build up that follower count so you can actually start to sell shout outs. In my experience, you start to get shout out requests at around 10K followers.
Personally, I started selling shout outs for around $15 on one of the three pages that I started out with that had close to 10K followers. It added up to a couple of hundred dollars per month which I was pretty happy within the beginning. Then as the followers grew I could ask more for a single shout out and then eventually I made between 3000 and 4000 dollars per month just by selling shout outs on these three accounts.
2. The second method of making money on Instagram is flipping Instagram accounts. This means you buy an Instagram account at a relatively low price and then resale it at a higher price. The difference in price will then be your profit.
The reason this works quite well is that most people don't really know what an account is worth so they are willing to sell at a low price and buy for a very high price. The second reason is that many people want to get rid of an account fast because it takes a lot of their time up to keep it going. So they just want to get rid of it and are willing to sell for a very low price.
If you want to get into flipping accounts I would suggest you start with a small budget that you are comfortable playing around with. Don't go all-in in the beginning because you need to build up your knowledge first.
Also, beware that there are a lot of scammers in this business, so never just trust somebody that you don't know. Use a middle man for the transaction or go through an escrow service.
3. The third way that you can make money on Instagram is by growing and selling theme accounts. It's actually one of my favorite methods and it is the one that has been the most lucrative for me personally.
What you do is you grow accounts from scratch in niches like fitness, travel, food, and so on. To sell them, you can just open a sales thread on a forum like EpicNPC for example or you can just list them separately on websites like FameSwap or SocialTradia.
4. So let's move on to the fourth way you can make money on Instagram which is Instagram client management. This is a recurring revenue business model where you charge your clients on a weekly or monthly basis for your service.
You can also offer a different service for example; managing content, managing ads, or reaching out to influencers. You can basically create a service for whatever people like to outsource. This is actually one of the fastest ways you can make a full-time income with Instagram because you don't need a crazy amount of clients to make good money. If you have a good service that actually gets your client results, you don't even have to go out to find new clients because they will actually come to you because your existing clients are recommending your service.
I think the best way to start is going to the MP Social forum, which is totally free to join, and learn from the people who are actually making over 45,000 dollars per month, just doing client management. They give away the tips for free that other people charge thousands of dollars for in courses.
5. The fifth way of making money on Instagram is consulting. It's very straightforward. You just get in contact with potential clients, you tell them your hourly rate, and then you set up a time to get on Skype a call. There's definitely a lot of demand for information about how to grow Instagram accounts and how to do marketing on Instagram.
The reason consulting is last on this list is because you need good experience in the Instagram business so that you can actually offer consulting that your clients can benefit from. That's why I do not recommend to start with consulting. Once you've become experienced and successful in something, only then you should offer paid consulting. However, you'll only get paying clients if you can actually show that you know what you are talking about and that you have been successful in what you teach.
So you have to put yourself out there in some sort of way to get in contact with people. I personally think that giving away free information on a platform like Instagram or even YouTube is a great way to build an audience and also to build trust so that people are actually willing to pay one on one coaching.
So these are the five ways that I have found to provide the most success in generating income through Instagram. If you made it this far thank you so much for your support and I hope you learned something and are able to apply it to your own Instagram business. Don't forget to sign up for my email list to receive more information like this.
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