Young Instagram Success Story Cole Morgan Explains How To Make Money On Instagram
Social media has opened up new ways to make money online. Instagram has been particularly helpful in doing this. With over a billion people on this platform which prides itself on providing a lot of visual appeal, influencers and brands have used it as a springboard to grow their businesses and make money. In fact, around 78% of all influencers use Instagram as their primary social media platform.
Cole Morgan is a 20-year-old Instagram success story who knows a thing or two about how to turn fun, viral Instagram meme pages into big money makers. With nearly 10 Instagram pages, Morgan has figured out how to generate active and passive income using nothing more than his smartphone.
How to make money on Instagram
If you’ve been trying to figure out how to make money on Instagram but just can’t seem to gain traction, try applying the following strategies to your Instagram hustle and bustle.
Paid promotions in the field
Brands know the power of influencer marketing and are willing to pay big bucks for Instagram pages with large audiences to promote their products. Even if you are a “nanoinfluencer” with a few thousand subscribers, you can start making money with paid promotions. You will need to manage a well established page with a very engaged audience. When you do, you can post about your favorite products and brands, which you will get paid for promoting. If your audience trusts you, there is a lot of money to be made here.
Become a Brand Affiliate
Affiliate marketing has been around since before the arrival of social media giants like Instagram. However, affiliate marketing has exploded thanks to platforms like Instagram. When you are affiliated with a brand, you earn commissions on the products you promote on your successful Instagram page. Every time someone clicks on the unique affiliate link in your bio and purchases the product from the website they lead to, you receive a commission. When you do this right and sell a lot of products for a brand, you can earn an incredible amount of money.
Sell products directly
You can also sell your own products directly to your audience. It can literally be any type of product, as long as it doesn’t violate Instagram’s terms and conditions. Whether it’s clothing or jewelry, or even services like coaching, you can potentially make even more money than just being an affiliate or someone doing paid promotions.
Morgan recommends doing a combination of all three. This way you don’t leave any money on the table. You can do paid ads, promote great products from other brands, and sell your own products or services.
No matter who you are, you can make money on Instagram. It leveled the playing field in a way that few other things could. With a little patience, hard work, and dedication, you can achieve the same level of success as Morgan.
If you need help making money on Instagram, you can connect with Morgan through his Instagram page.
Posted on November 5, 2020