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  • Writer's pictureKhaled Al-Kulaib

Making Money through Influencing on Instagram in 2020

When the New World was first colonized, it was known as the land of opportunity. People coming from overseas knew it as a place to find and build wealth as had never been known in other parts of the world.

Today, people are constantly looking for an equivalent of the land of opportunity; everyone is searching for a way to make themselves rich. While that is an extremely difficult goal, it is entirely feasible given all of the opportunities we have today. In today’s world, the land of opportunity is influencing on Instagram, plain and simple.

While it might sound funny to think about Instagram influencing as the modern way to make money, it is easily one of the best ways to make quick money in 2020. It is literally a goldmine that has unlimited digital resources; there’s no reason why you can’t get into the mix just because others are already using it.

There are tons of different ways to go about becoming an influencer on Instagram to make money, and we are here to help hook you up with the best brands that are looking for influencers in 2020. Depending on your followers, you can go the easiest route which is getting paid cash straight for simple posts.

If you want to work harder, you can develop your own brand and sell products through a website you have yourself. You can also choose to go the route of affiliate marketing, which is where you advertise for a company and keep a percentage of the profits generated by those who made purchases from your link. Regardless of how you do it, there’s tons of money available.

Post Sponsored Brands

Perhaps the most common way influencers to their work is through sponsored posts. Brands will approach you, or you can approach brands, and offer to make posts on your page about their products in exchange for money. This doesn’t require that you actually sell any of their products; you will simply make money for making the post.

Many influencers prefer this type of marketing to product selling or affiliate marketing; it requires the least amount of work from the influencer and is an easy way to make quick money. The drawback of this method is that if you do end up making a ton of sales from your post, you might have made more money if you had an affiliate marketing deal.

Another difficult part of posting for sponsored brands is having the follower count necessary for brands to pay you, since your pay is guaranteed rather than dependent on your sales. You will have to ensure to the company that the post will be worth it to them. It can also be difficult to find companies that are willing to sponsor you.

That’s why you genuinely must list yourself on our massive online directory of influencers; we will help you find people who are willing to pay the big bucks for you to advertise their products. It’s really that simple.

Sell Products

Selling products is another route you can go if you want to make money on Instagram; just know right now that this method is far more complex, and it will be difficult to get going. If you can get past the difficult part of developing your company, there are huge profit potentials.

You will need to determine the niche you want to go into, find the product you will want to sell, and develop a brand and website. You will also have to deal with shipping products, collecting money, paying taxes, and more. For this reason, many influencers tend to say away from product development and focus on making sales for other brands.

If you do decide to go this route, spend the time to study other businesses in the niche you want to enter so you can see what they do well and what they do poorly. If you can find ways to differentiate your business, you will have reasons why your customers should buy products from you. This is definitely something to consider before you jump in and try to start a business.

Affiliate Marketing

Affiliate marketing is the alternative to making sponsored posts for brands. Instead of a simple transaction, like $300 for 5 posts, you will have deals that give you a percentage of profits. For example, a company might instruct you to put a link to their company in your bio, and then offer you 20% of the sales that are made from your link.

It is then up to you to determine how you want to advertise for this company; if you want to make posts every day, you can do that. If you want to make posts once a month and hope that customers will click the link that just sits in your bio, you can do that. They amount of money you can make is entirely dependent on the work you put into advertising and on the loyalty of your followers.

This is a great way to make money because it has unlimited potential; there is no fixed amount of money that you’re limited to. Still, it is far less guaranteed than posting sponsored posts; you won’t make anything if you don’t make any sales.

It’s up to you to determine if you’re willing to take the risk of advertising a brand with no guarantee of profits; it is also up to you to negotiate the potential benefits of posts with the brands that reach out to you. If you negotiate well, you might be able to get paid for posts and get a percentage of the profits.

Final Thoughts

Whether you make sponsored posts, go into affiliate marketing, or start your own business, you can make insane amounts of money as an influencer on Instagram. Let us help you find companies that are willing to pay you for your posts; don’t go out and just hope that they’ll come to you. Put your Instagram account to good use and start making money from the comfort of your own home!

Check this directory out, it is made for influencers and their fans.

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