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DKSP EP:35 – 2 Simple Ways to Make Money with Instagram & the Tools Required

July 11, 2016

Last Updated on - July 11, 2016  

minutes read

make money with instagram

How much money did you make on Instagram, in the last month?

I know that is a slightly tricky question to ask and if you are anything like me, then the answer would be – “ZERO”.

But with the growing popularity of Instagram (check out some of these Instagram statistics at expanded ramblings), if you are not using it then you are leaving a lot of money on the table.

Instagram is still an unsolved puzzle for quite a lot of people. The fact that this is a phone only app make it even worse and if you are not a mobile phone whiz, then Instagram is going to be the most difficult thing you would have ever dealt with.

It was the same with me until about a month back and while it is still too early for me to call myself a success on Instagram, I still wanted to share these Instagram tips with you.

What do people do on Instagram, according to you? The answer is, “Share photos”.

So the obvious question is, “How do you make money by sharing photos and what photos would you share?”

Instagram was one of the most difficult social media tools for me because of the way it worked –

  • It was a phone only app and you had to share photos using your phone. So if I had a photograph on my computer that I wanted to share, then I had to first transfer it to my phone.
  • I do not click a lot of photos and even if I do click some, they are primarily my private family photos which I do not like sharing on social media sites, especially if it is a business account.
  • Instagram only allows a single link and that is in your profile. You cannot add a link to the caption for your photographs.

So how do I build my Instagram account and more importantly use it to build my business?

2 Simple Ways to Make Money with Instagram

In this episode we will be discussing about 2 simple ways you could be making money with Instagram even if you do not have a real business.

I have seen a lot of people who run online stores posting pictures of their products and also using Instagram to sell them. There are a few apps that help you do it. But what if you do not have a store?

I spent a lot of time trying to find out how to make money with Instagram. And it was by sheer coincidence that I came across a profile where I saw the person mentioning, “for a shoutout and pricing for shoutouts, please send me a message“.

I quickly browsed through the photographs that she had posted and found a lot of photos, where she had given a shoutout to another Instagram user. I realized that these were paid shoutouts and that the user was charging money for this shoutout. I reached out to her for a shoutout to see how much she was charging.

I was shocked to see her response. She was charging around $200 for a shoutout. She would send one post out, everyday for a week. And guess the number of followers she had. It was about 8,000.

You would by now have realized the potential of Instagram and how you could make money with Instagram.

Here are the things you will learn in this episode –

  • Why you should be on Instagram today?
  • 2 ways in which you could make money with Instagram
  • How to use Instagram on a PC?
  • Tools that will help you build you Instagram Business.

Resources mentioned in this Episode

Managing Instagram is slightly difficult in comparison to a lot of the other social media channels. You require some handy tools in order to ensure that you are leveraging time and automating some of the tasks. Here are some of the tools that I use to manage Instagram.

Below is a list of the tools that we spoke about in this episode –

  1. Instagress
  2. Grum
  3. Crowdfire
  4. Social insights
  5. Repost for Instagram
  6. Have2Have.it

If you know about any more such tools to manage Instagram, you can let us know by commenting below.

Disclaimer: Some of the above links are affiliate links. If you chose to buy from these links, I might stand to earn a small commission without any additional cost to you. But the products that I link to are the products that I have used personally so you can rest assured of the quality.

Thank You for Joining in

First of all let me thank you all for joining in for today’s episode. If you liked this episode, please do write a genuine review for the show and also rate the show on iTunes. It helps in the rankings of the show and will also help other find the show.

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About the author

My name is Dilip. I am a fan of the internet and love the many opportunities that the world wide web provides. If used constructively , the internet can give you an opportunity to lead a life free of the 9-5 treadmill and will be able to give more time to your family members.
Read about internet entrepreneurship at my blog.

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