How to Make Money with 1k Followers on Instagram 2021
Looking for How to Make Money with 1K Followers On Instagram 2021? I’ll share the TOP THREE WAYS to make money from your 1k followers; however, first I’d like to touch on why the quantity of your following, is far less important than the quality.
It’s better to have one hundred followers, who you can influence; than a million followers that don’t engage with your content, or who only followed you to be followed back. It actually turns out that once a social media influencer reaches a critical mass of followers, audience engagement drops.
How to Make Money with 1K Followers On Instagram 2021? A survey of 2 million social media influencers by Markerly showed that for unpaid posts, Instagram influencers with fewer than 1,000 followers have a like rate of about 8 percent, while those with 1,000 to 10,000 followers have a like rate of 4 percent. For this reason, ad agencies are now looking to micro-influencers with around 10k followers.
Here are the top 3 Ways to Make Money with 1K Followers On Instagram
If you don’t have ad agencies reaching out to you via DM, here are three other ways you can still make $ on Instagram:
- Sell your Instagram account
- Find a sponsor whose product is a good match for your IG followers.
- Sign up with an affiliate marketer.
How can I profit from an Instagram account with 1k followers?
You have probably heard stories of social media users making money from their posts and followers and thought to yourself “I could do that”.
You are not alone, a huge amount of people get to the point of thinking they could do something like that. Even daydreaming about how they would spend the extra income: holidays, new clothes, reduced working hours, 3 day week or funding other projects.
A much smaller percentage of those people actually go on to make money from their followers, most people don’t even try.
It’s difficult to get out of your comfort zone and try something new. A lot of people feel they don’t have the platform, knowledge, or even the luck to make money with their followers.
Have you ever thought to yourself, how to make money with 1k followers on Instagram?
Sponsored posts
This is the most common and easiest way to start making money with your followers on social media.
A brand will engage with an influencer to create and share content featuring the brand either directly or indirectly.
This can be a single post, a number of posts over a period, or a long-term contract including weekly posts.
A sponsored post can be on Instagram, Facebook, Twitter, and YouTube, a combination of all of them or any other social media platform.
You can be sharing content created by the brand, developing your own unique content featuring their product or brand, working on a product launch, reviewing a product, or any creative way to get the brand in front of your audience.
Become an affiliate
This works in a similar fashion to traditional affiliate marketing, you are paid every time someone clicks on a link in your post, makes a purchase, or visits the website.
It can follow multiple models but generally speaking you are paid per click, sale, or lead.
In a way, this is a very cost-effective approach for the brand to get influencers on board and for the influencer, they are paid for quality work and good engagement. Meaning if you are good, you can succeed.
Generally, this will make up 10 – 20% of an influencer's revenue and shouldn’t be the only source of income.
It is, however, a reliable revenue stream and a good way to start making money from your followers.
Brand ambassador
This is a long-term partnership between brands and influencers.
Whereas sponsored posts would be for a number of posts this is focused on forging a deeper connection between brand and influencer.
It would be for a month, a year, or a number of years and would need a strong alignment and level of commitment from the influencer.
A brand ambassador can be macro, meaning they are large well-known celebrities, or micro, meaning they are smaller with a targeted niche following.
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