“Making money with Instagram,is it really possible?”
Can I build a recurring passive stream of income using Instagram?
I get asked this quite often. The answer’s yes. A very definite yes. In fact,you can make money with any Social Media Platform. Be it Facebook,YouTube or Twitter for that matter. Instagram is no exception and I will be showing just how easy it is to monetize your content. And I am talking about revenue in the range of $X,XXX or even more every month.
There’s numerous ways to achieve this and I am gonna briefly talk about them,expanding on them in guides in the weeks to come.
How the hell do I make money on Instagram?
Shoutouts. What are shoutouts? If you’re a regular Instagram user you already know what I mean. You must see your favorite accounts shouting out and promoting other accounts regularly. For the Insta-newbs(just made that up) let me shed some light on this. Again,with an example.
Dwayne “The Rock” Johnson is a huge Hollywood star widely known for his role of Hobbs in the Fast & Furious franchise. He attained super-stardom back in his wrestling days,popularly known as ‘The Rock’. A lesser known fact is that he’s one of the most followed celebrities on Instagram. He has a loyal following of millions! Only beaten by the likes of pop-stars like Taylor Swift,Justin Bieber and obviously the Kardashians.
Can you imagine the millions of people that might visit the profiles of people being mentioned? This is a form of free Advertisement and costs absolutely nothing. A simple mention and you add a few million to your existing fanbase!
This is what we call a Shoutout. Can you already see the potential of one simple mention i.e shoutout?
This little technique is used by accounts in all niches to exchange fanbases to grow faster and larger.
But how do small accounts grow if they’re already accounts with millions of followers providing the same content? It’s quite simple. The smaller account will try getting mentioned by the larger account.
Here’s how –
The small account first contacts the large account either through Direct Messaging(DM) or the specified email. They then draw up a deal stating that the large account will upload a post mentioning the smaller account for a limited amount of time(in most cases) or permanently,all this for a small fee of course. An account with a million followers or more easily charges upwards of $100 for something as simple as a mention.
This essentially gives the smaller account a new and loyal fanbase and it’s growth is accelerated. Sometimes accounts with a similar number of followers freely exchange shoutouts.
One mentions the other and they grow together. This is quite common. Add it with a mix of bulk Instagram DM campaigns and you now have a gold mine.