Are you looking for ways to make money on Instagram? If so, you're in luck!
There are a number of different ways to make money on Instagram, and we're going to explore some of the best ones. Keep reading to learn more!
With around 1.452 billion users on Instagram till April 2022, it is safe to say that your competitors, target audience and social circle are all a part of this application.
While the application has a sizable audience, it is crucial to discover your true potential to make money on Instagram.
The platform broadens its horizons with every passing year to enable people to share the best part of their lives. What we often neglect is the application’s ability to create the best lives for its users through minimal effort. Let’s take a look at our comprehensive guide on how to make it on Instagram.
An Insight into Instagram
Although a major part of our lives today, do we really know what Instagram is all about? Let’s find out the details about the application, its features, and cash generation capabilities in this article.
The Inception of Instagram
Launched in 2010 by Kevin Systrom and Mike Krieger, the #1 photo and video sharing application made its way to the top because of its sustainable business model, consistent upgrades, and easy-to-navigate platform. With its skyrocketing popularity in a few months, the social media platform reflected an ideal picture of a business fairytale with its own set of twists and turns.
Developed within a short span of eight weeks, the application made its way to the top rapidly. While the rest of the world was still coming to terms with this new addition to their lives, Facebook was quick to realize its true potential and acquired it in less than two years.
What makes Instagram the most loved application amongst young adults? With around 71% of the application’s users below 35 years of age, the following Instagram features make it stay on top of its game.
A 24-hour story feature that displays daily updates to your followers for a day only is available on Instagram. Instagram stories can vary from your pictures and videos to polls and questions depending on the user’s choice.
Do you want to revisit your memories shared through Instagram stories? Highlights make that possible for every user. Although Instagram stories last for 24 hours only, you can add them in the highlights section to keep the record with you forever. As a Markaz App reseller, you can add your prices, product reviews, and details in the highlights section to facilitate buyers.
3. Professional Dashboard
Review your business performance and analytics using Instagram’s dashboard and tweak your practices to stay ahead of the competition. List down the campaigns that generated the highest profits and conversions and enhance them to remain relevant.
4. Gift Cards
What is a better way to increase brand loyalty than offering gift cards to your followers? Instagram business accounts can upload gift cards on their shareable stories to enable brand promotion. You can create gift bundles for your customers as per your product.
As the Markaz App offers a wide range of products ranging from cosmetics, apparel, and home decor to gadgets, electronic items, and bedding, make sure to align the gift cards with your product offering.
5. Direct Messages
Nothing can beat competition than a bespoke customer experience. The application enables users to make money on Instagram by offering a one-on-one communication feature. Direct messages support quick customer service as customers can connect with their favorite businesses immediately.
Being the top social commerce platform in Pakistan, we ensure a personalized customer experience from your side. Our platform enables buyers to have a human-centric experience with the Markaz App as they can connect with resellers on Instagram, Facebook, and WhatsApp to get detailed insights into the product offerings. Your customers will not be talking to a robot while making a purchase which will surely reduce their online buying anxiety.
7 Best Ways to Make Money on Instagram
While businesses around the world are making hundreds of bucks using Instagram’s platform every month, Pakistan should not stay behind. Here’s a guide on how to earn money on Instagram in Pakistan.
1. Brand Collaboration
Influencer marketing is on the rise as the impact of word-of-mouth reaches a greater audience than promotional ads. Create a business account and choose your niche. Start analyzing your competitor’s marketing strategies on Instagram to define your next course of action. Once you enter a particular niche, you will find many influencers working within the same niche.
Being a new entrant, we recommend you to start your business by collaborating with micro-influencers as they are more willing to take up new projects than the popular bloggers. Make sure to choose authentic influencers as your target audience is quick to identify paid promotions. This is one of the most commonly used practice of Instagram monetization in Pakistan
2. Affiliate Marketing
Get paid for your efforts by working as an affiliate marketer. Affiliate marketing is a performance-based job that rewards marketers with bonuses for every customer brought by them. Another way to make money on Instagram is to create a sizable Instagram following and partner with affiliate programs.
Get guaranteed commission on every sale generated by your Instagram account. All you have to do is add links on your Instagram account and direct people to your affiliated companies.
3. Instagram Stores
What is a better way to make money on Instagram than selling your products? Set up an Instagram business account and start selling today.
The Markaz App enables its valued resellers to promote their products via Instagram messages. A personalized customer experience overshadows everything.
Your customers can get in touch with you through Instagram and inquire about your products to make informed decisions. Relieve them of their online shopping anxiety via quick responses and scale your business growth.
4. Online Workshops and Classes
It is time you discover your hidden talent and get paid for it through Instagram. Whether you are good at painting or creating a fitness regime, cash your skills via Instagram.
Start your online workshops and classes to demonstrate your skills. The pandemic has made us all a part of the virtual realm, make the most of it, and start earning from home.
5. Become an Influencer
Brands are quick to partner with influencers with a reasonable number of followers and offer them good packages to promote their products.
While nobody can deny the impact of a high-quality product, the right promotion can take a business to new heights.
Brands are likely to invest their money in Instagram influencers as they can increase their reach through authentic reviews and promotions.
6. Instagram Blogging
If you are a fashionista, then Instagram is the best place to showcase your style and make money.
If you are a foodie, then Instagram is the best place to showcase your cooking skills and make money.
If you are a makeup artist, then Instagram is the best place to show off your makeup skills and make money.
If you are a lifestyle blogger or influencer, then Instagram is the best place to promote products that your audience will be interested in buying.
To enable Instagram monetization in Pakistan, set up a creator account and get show off your skills and content. Soon you will have offered from various businesses to market their products.
You can also add links to your external blogs or YouTube channel to promote them through Instagram.
7. Instagram Ads
One of the best ways to make money on Instagram is through Instagram ads. You can create an ad by uploading an image or video, and then adding a caption. Once you've created your ad, you'll be able to set the price you want to charge for it, and target specific users based on their interests and demographics.
Instagram has a very large user base, so there's a good chance that your target audience will be reached by your ad. The platform also offers some great targeting options. You can choose to target people who live in a certain location or have certain interests.
For example, if you're selling beauty products and want to reach women between the ages of 18-25 in Islamabad, then you can do this with ease using Instagram Ads.
Here are some best practices for using Instagram Ads
1. Be a human being
2. Tell your story
3. Don't overdo it
4. Be consistent
5. Be real
6. Make sure your product is relevant and fits the brand principles of Instagram
7. Don't sell anything
Instagram Monetization Requirements
Instagram monetization requirements for brands and bloggers is a way to generate revenue from Instagram. It is a set of requirements that a company or individual must meet in order to be able to show ads on their Instagram account and make money from it.
Follow the below-mentioned steps to enable Instagram monetization in Pakistan.
- Set up a creator account.
- Get brand approval to tag their products.
- Create IGTV videos to get paid for IGTV ads.
- Make your in-app storefront.
- Use Instagram live badges.
With an engagement rate of above 1%, Instagram users with 1000+ followers, one can monetize their business. Fulfill these basic Instagram monetization requirements and cash in your Instagram account easily.
The Markaz App and Instagram
Want to make money from the comfort of your home but lack the budget to bring your business idea into reality? The top Pakistani social commerce platform, the Markaz App supports businesses with zero initial investment.
How to start selling with Markaz App on Instagram
Do you want to know how the Markaz App works to support its reseller with a stable stream of income?
Instagram is a great place to promote your products, but it's not always easy to do so. With Markaz, you can put your products in front of thousands of potential customers by using the following steps:
1. Download the App
2. Signup as a reseller
3. Select your products and decide a mark-up
4. Generate a purchase link
We offer a personalized experience to your customers as they can get in touch with customer support representatives through Instagram and other social media platforms for relevant assistance and queries. Instagram plays its part everywhere. You can set up your store on Instagram and resell products using the Markaz App which saves businesses from bulk buying.
You do your part and let us manage your business operations from inventory management to logistics and delivery. With the Markaz App’s wide delivery network that spreads across 1200 cities in Pakistan, your Instagram store will witness skyrocketing growth. Download the Markaz App today and start earning up to PKR 25000.