Over the last few years, Instagram has been rapidly changing from a photo-sharing platform to a business platform. Some Instagrammers are cashing in for the pictures they snap and share on Instagram. There is no experience or qualification needed to start making money with Instagram. However, you may need to boost your account, so click here to learn about Social Booster Pricing.
In this article, I’ll share with you three in-depth tactics to make 5,000 to 20,000 dollars per month on Instagram.
- Selling Shoutouts
A shoutout is a screenshot of another Instagram user profile uploaded to your account to give exposure and show support to the other user. Starting business pays you to post their shoutout in your account. Shoutouts help a company in promoting its products to your followers. Some pay you to post their shoutouts in your account to get exposure and grow their Instagram accounts.
Interested individuals and companies use DMs to contact you and schedule everything. You can also post your account on websites like Plug Hype and Shoutcarts. Clients can contact and pay you using these platforms.
Selling shoutout is the easiest way to start earning with Instagram. No technical skills are required to get started. Clients contact you to discuss on price after which they send you the post and payment.
The hardest part of selling shoutouts is growing your audience. It takes time to build a follower account that attracts clients. Shoutout requests start coming at around 10 to 15k followers. Here is the best guide to growing an Instagram account faster: Grow Organically on Instagram – 10 Tips to Beat the Algorithm.
- Flipping Instagram accounts
Flipping accounts means that you’ll be buying existing accounts at a relatively low price and selling them at a higher price. The difference between the selling price and buying price is what you earn. Unlike selling shoutouts, you need to build your knowledge before getting started to be able to differentiate between a good and a bad deal. You also need capital to get started.
Some people sell their accounts at low prices because they don’t know what it is worth. Many people also want to sell their accounts faster because they don’t have time to continue posting new content to keep it growing.
I would suggest you start slow with a small budget. Increase your investment as your knowledge grows. Buy accounts you’re sure you can sell immediately. Set up your accounts with automation software. Grow them on auto-pilot using automation software for some months to be able to resell at a higher price.
- Growing and selling theme accounts
Grow accounts from scratch using automation software in niches like travel, fitness, food, and many more. After setting up your account, wait until it is big enough to sell it at a nice profit. To sell your account, list it on websites like Social Tradia and Frameswap. This method works well together with selling shoutouts. Here is the best guide on how to get started with this method: How To Grow Your Instagram to 10k in 2019 *no bs | 2019 Instagram Algorithm