Have you ever wondered how to make money on Instagram without having 10,000 followers? Well, you’re not alone. Many people believe that reaching the 10K milestone is necessary to start earning income on the platform. However, with over a billion monthly users on Instagram, there are still plenty of opportunities to monetize your account even if you have fewer followers. In this article, we will explore various ways to make money on Instagram before reaching the 10,000 follower mark.
The Importance of Getting 10,000 Followers
Gaining 10,000 followers on Instagram is a significant milestone because it opens up new opportunities for monetization. When you reach this mark, you unlock the coveted ‘Swipe Up’ feature on your stories, which can drive conversions at a staggering rate of 15–25% per tale. Additionally, more companies will approach you for partnerships, as they value the reach and influence you have over your audience.
However, it doesn’t mean that you can’t start making money on Instagram before reaching 10,000 followers. In fact, there are several effective methods to monetize your account regardless of your follower count. Whether you’re an individual influencer or a business, we will guide you through the best strategies to generate income on Instagram.
Individual Influencers vs. Business Owners
If your goal is to become financially successful as an individual influencer, your primary focus should be on attracting brands. Brands will pay you for your services because of your influence over their target audience. Therefore, it is crucial to build relationships and maintain audience engagement. On the other hand, if you run a business, your objective should be to get as much audience interaction with your own content as possible, rather than using your account solely for brand advertising. The key is to be innovative and fascinating to capture people’s interest.
Earning Money on Instagram without 10,000 Followers
While having fewer than 10,000 followers limits some of the tools available to monetize your account, there are still several options to get started:
- Instagram Paid Posts: This is a popular method for individual influencers to monetize their accounts. Companies pay you to create posts or other types of advertorial content for them. To succeed in this, you need to have a strong presence among your followers, along with trust and engagement. It is essential to collaborate with niche-relevant brands that align with your values and interests.
- Social Media Marketing: While Instagram can be a lucrative platform, it is not advisable to rely solely on a social network for your business. You never know when there might be a decline in popularity or when you could face penalties or even a ban. It is essential to diversify your marketing efforts and consider other channels, such as email marketing, to have more control over your audience.
When using Instagram or any social media platform, it is crucial to keep in mind the ever-changing nature of these platforms. You should also prioritize building an email list, as it provides you with more control over your traffic and helps you avoid sudden disruptions or bans. Email marketing has proven to have higher engagement and conversion rates compared to social media.
In Conclusion
While having 10,000 followers on Instagram can open up new opportunities for monetization, it is not a prerequisite to start earning money on the platform. By focusing on building relationships, engaging with your audience, and exploring various monetization methods, you can generate income from your Instagram account, even with fewer followers. Just remember to diversify your marketing efforts and prioritize channels that provide more control and stability, such as email marketing.