How to Make Money on Instagram ($500-$1K PER DAY in 2020)

Hey everyone. Welcome back to my channel. If you want to start earning money from Instagram,
I'm going to show you how you can do that even with less than 10k followers, or even
if you don't have a product to sell. By the end of this video, you have the exact
strategies I used to earn $500 to $1k per day on Instagram. So the first strategy is build your online
presence. Start by building your online presence, and
by presenting yourself as the authority in your niche. It doesn't matter how many followers you have. So what matters is whether you have a relationship
with your audience, and whether they trust you to do business with you. It is better to have 1,000 followers who care
about your business, compared to 10,000 followers who don't care about your business or brand
at all. So how do you build your online presence? It's simple, keeping posting valuable content
on a regular basis, and engage with your followers.

Reply their comments, and send them direct
messages. Every single sale I made happened within my
Instagram direct messages, because that's where things are more private and personal. So before you even send them a direct message,
start by providing value by posting informative content. In order to build the relationship and connect
with your audience, they need to be able to relate with you. This means having the same values and beliefs
as them, and not just posting content about products that you want to sell, because trying
to constantly sell on your feed is a huge turnoff. Reposting viral memes are a great way to create
high engagement levels, and usually people tag their friends because they can relate
to them, and it provides entertainment value at the same time.

So the second strategy is to partner with
influencers. Influencer marketing can skyrocket your presence
on social media when done correctly. Gretta Van Riel, the founder of four e-commerce
stores including SkinnyMe Tea, has successfully grown her stores to multimillion dollar businesses. And her main strategy and success is a result
of influencer marketing. If you already have a product, you can look
for influencers with the same target audience as you, leverage on their follower base.

If you don't have a product, you can always
be part of an affiliate program, and promote someone else's product. When they share your product, you can repost
it on your story so that they exposure as well, so it works like a cross promotion because
both of you are helping each other out, and exchanging exposure with each other's audience. This method works very well, especially if
you don't have a large base of followers. And influencers will do it for a fee, or in
exchange for your product. The third strategy is to create calls-to-action
in your stories. So stories are a great way to start the conversation,
and bring that conversation to your direct messages by creating calls-to-action. If you have 10,000 followers or more, you
can use the swipe up feature, and include a link directly to your website or sales page. However, you have less than 10,000 followers,
you can create an IGTV video, and include the link to your IGTV description instead,
and link the IGTV video to your story, so that viewers can tap on your call-to-action
from your story. So this requires more steps but it's another
effective trick to get them to your sales page or affiliate site, especially if you
have less than 10,000 followers.

You can also create stories and get users
to engage by creating polls, and getting them to respond yes or no to indicate their interest
level, and respond to those who selected yes in your direct messages. Let's say if you earn $100 per product, and
you have 2,000 followers. So if you have 2,000 followers and 10% view
your story, you’ve got 200 views. Out of 200 views, let's say we play it safe
and use the lower end of the usual average conversion rate of 3%. So 3% of 200 viewers will get 6 sales. Since each sale is worth $100 in profit, you
have just made $600 through those 6 sales. And my Instagram account is responsible for
driving most of my sales to my e-commerce The Guitar Yard, which was in the top 12%
of Shopify stores ever since the date of launch. But I've closed it down to focus on my YouTube

Here's what it looks like to get regular orders
all directly from Instagram. So my advice to is to find a profitable niche
whereby you can earn a profit margin of at least $100, so that you don't have to stress
over the number of orders that you have, especially if you are just starting out. Once you build a following, you can scale
much more and get the sales coming in to generate a decent monthly income. The fourth strategy, sell your influence. Once you have built your influence, you can
earn money on Instagram by partnering with brands as an influencer. Depending on the number of followers that
you have, the amount that you earn per post may vary. So whenever you partner your brands, you actually
have contracts.

Due to the contracts with brands, I'm not
supposed to reveal how much they pay me per sponsored post, but I've managed to close
a cumulative amount of $10,000 in just about half a year. And that means slightly over $1,500 a month
completely from Instagram alone, no other social media platforms, or no other marketing
platforms. Different companies will pay a different rate,
but you can set your rate, and negotiate based on the number of followers and engagement
that you have. So if you don't have enough followers to influence
others, work on producing quality content to attract your target audience. So once you have built your online presence,
you can continue selling your influence to brands, and become a full time influencer. To me, success is exponential, so once you
have reached your goal of getting more organic followers, the success will come in, and you'll
get projects continuously streaming in.

I don't do influencer marketing anymore because
I now teach people how to do it, and the ads would actually disrupt my feed as a digital
marketing coach. But if you want to check out the ads and brands
I've worked with in the past, feel free to check out the older posts on my Instagram
feed, which is at the top of this video. If you are crazy enough like me, you can even
quit your day to run a business entirely based off Instagram. And I love what I'm doing, because I get to
spend time with my baby while working from home most of the time. And when I was still doing sponsored posts
back then, it didn't take up a lot of my time either. I just needed to go out and take a few shots. So it doesn't mean you need to lead a very
exciting life as an influencer like what most people think. And fact, I spent most of my time at home
taking care of Zane because I'm a single mom. And I don't regret quitting my job as I'm
using instructor to be completely self-employed, and be my own boss.

But I'll probably share that with you in another
video next time. What ways have you used to earn money on Instagram? Leave a comment below. I would like to know. Now that you know the various ways you can
make money on Instagram, do check out my free guide with the exact steps I used to land
and close $10,000 brand deals in six months, so that you can copy my strategy and get paid
for doing what you love. The link is in the description below. Also, if you want to join a community of like-minded
entrepreneurs, freelancers, and inspiring influencers, I have a closed group on Facebook
where I share up-to-date Instagram marketing advice to help you and your business grow,
click on the image on the right to join. Thank you all for watching. If you liked this video, let me know by liking
it, subscribe if you've not done so, and leave a comment if you found this helpful.

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