How to make money on Instagram in 2020?

How to make money on Instagram in 2020?

How to make money on Instagram? Is it too late to do this in 2020?
Julia Digital marketer

Printed 2020-01-20

We are often asked: how to make money on Instagram? Is it too late to do this in 2020? 

In fact, from 2017 to the present moment Instagram is a social network with the highest activity of participants. Thanks to this, there is a lot of room for bloggers who make money on content, as well as for small (and large too) online stores selling goods or services. 

Ways earnings on Instagram

  • Blogging
  • Infobusiness
  • Sale of services
  • Sale of goods

Create your own blog, promote it and make money on advertising. Great idea, huh? Those who "felt" the imminent popularity of Insta and managed to spin up before it became mainstream now earn a lot of money. But what if you decide to start your blog just now? In this case, firstly, you need to be prepared for investments. Attracting subscribers is becoming more expensive; at the time we print this article, the cost is about 5..10 rubles per subscriber. Want 50,000 subscribers? Get ready to invest from 250,000 to half a million! And secondly, as bloggers become more and more, you will have to responsibly approach your content and find a unique style and niche for yourself. 

If you were able to promote your account, then in addition to selling advertising, there is a more profitable way to earn money. This is a sale of training, both online and live. The information business market is huge: people learn and study business, photography, losing weight, blogging, communication skills, design and much more. Unfortunately, there are a lot of textlatans in this area, so first you will need to win the trust of the client. 

If you are a hairdresser, stylist, master of nail services, a teacher or provide some other services for the public or business, then Instagram is a great platform for selling your services. People are increasingly choosing who to turn to for services, not through search engines, but through social networks. One of the reasons for this is that on Instagram, trust is created between the seller and the buyer. Communicate with customers and they will pay you! 

The fourth, most obvious way to make a profit: to sell through Instu any goods. More successful in this case are those who sell goods that can be shown beautifully: clothing, home decoration, and so on. Instagram is a visual social network, and if your photos and videos hook on a potential buyer, he is likely to remember your store first and then buy from you. 

Well, the most important advice on how to make money on Instagram is very simple: do not hesitate! While you are in doubt, competitors are doing it :) :)

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