Blogging Is NOT For The Faint Of Hearts!
Most look at blog sites and automatically think of instant cash flow, which is NOT the case. In some instances it takes bloggers YEARS before ever seeing a return on investment from their sites, social media, and/or marketing.
We always encourage interested bloggers to truly evaluate your purpose before starting a site, because if the sole reason is to generate income then you shouldn’t do it. However, if you have a site and you just want to learn how to monetize, we may be able to help you.
Once you’ve grown consistent traffic and you know exactly what your consumers are looking for, then you’ll be able to monetize in various areas. One being on social media!
Social media is a FREE marketing tool that has the ability to generate thousands of dollars for your business and/or blog site. But you have to think smart, stay one step ahead, and be willing to take the necessary risks associated.
In this article, we’re going to show you 5 ways to generate income via one of the most important social media platforms: INSTAGRAM
“No one’s life is as perfect as their Instagram feed.”
The blessing/curse about Instagram is that you can be whomever you like to be. You can market your brand however you choose. And you can also make limitless amounts of cashflow!
Cha Ching! Cha Ching!
Method #1: You Must Attract Followers
This is most important! Before considering ways to generate income using Instagram or any other platform, you must have a “tribe” or a consistent following. Who is your target demo? What do they look like? What do they like? And, will they support you by purchasing your products?
To help with attracting more followers on Instagram you must take pride in your page! By taking pride, we’re talking about:
- Creating the most favorable handle name to generate traffic
- Filling out the information in your bio. so that they can reach you easily
- Posting content [visual or written] regularly
- Taking quality photos to post
- Using relevant hashtags
- Engaging with your audience
Once you’ve done the following, you’ll see an immediate increase in the productivity of your Instagram.
Method #2: Followers Equal $$$
On Instagram you can get paid per post based on the number of followers you have!
*Check out our post on Selena Gomez being the highest paid celebrity on social media*
- If you have hundreds to thousands amounts of followers you can be paid from $500 to $5,000 per sponsored post
- If you have 1 million+ followers, you can be paid from $5,000 to $15,000 per sponsored post
The value is flexible depending on the terms of the deal, it features brands in a number of posts, and on occasion brands request that other brands not be featured on the page for a certain time period.
It’s been reported that fashion brands spend more than $1 billion dollars in sponsored Instagram posts to ambassadors and/or bloggers.
Method #3: Affiliate Marketing
Affiliate marketing is a marketing arrangement by which an online retailer pays a commission to an external website for traffic or sales generation from it’s referrals. “Bloggers” are the “external website” holders!
There are a few different places that bloggers like to go to sign up for affiliate marketing:
(1) ShareAsale: www.shareasale.com
Affiliates normally use ‘shareasale’ in order to find products to promote, and earn commission on referrals. ShareASale is the most POPULAR affiliate program that helps bloggers to generate income via Instagram.
(2) Ebates: www.ebates.com
Ebates acts as a shopping portal offering coupons and cash back from thousands of retailers. With this site, bloggers post the coupons via Instagram and get commission based on the amount of referrals.
(3) Stylinity: go2buystylinity.com
Stylinity offers you cash for your selfies! You can promote brands via your selfies on the Stylinity app. It’s FREE, and the app. works with over 180 retailers. Just make sure to use the appropriate hashtags and post the affiliate URL in the caption.
Method #4: Create Sponsored Posts [Find Sponsors]
Brands don’t typically require a formal brand ambassador for creators of sponsored content, just @ the brand and provide the links to the products. Remember: The brand MUST be a good fit for YOUR brand #ChooseWisely
Method #5: Promote Your Business, Products or Services
Instagram = Marketing
If you have a blog site and don’t have products, you are already losing out! When your consumers come to your IG or website, the goal is to create quality content that will bring them back but also provide them with ways to support the brand.
Your products could include:
- Notebooks, Pens, Stickers, Telephone Cases, T-Shirts, Hats
- Consulting/Mentoring Services
The list goes on and on!
There are plenty of other ways to generate income via Instagram…. Hopefully this was a JUMPSTART!