Let’s face it, we all want to make money doing something we love. And — as much as we might not want to admit to this fact — scrolling through Instagram is something most of us (still) love in 2023. So yeah, why not make some cash while we’re at it?!
Instagram has become way more than just a platform for posting pictures of our food and vacations. Instead, it’s a powerful tool for businesses, influencers and individuals to connect with their audience, build their brand and promote products or services.
The reality is, though, making money on Instagram is more challenging than publishing a few pics and watching the money roll in. It takes dedication and a solid strategy.
But the good news is the opportunities for making money on Instagram are endless, from sponsored posts and brand collaborations to affiliate marketing and e-commerce.
It’s time to leverage your Instagram account and turn it into a profitable business.
So scroll past those cat videos, put down your phone (until you finish reading this blog!) and let me help you consider ways to monetize your IG.
Two points first:
- A) These ideas cover various talents, skills and income potentials.
- B) Some strategies will make you a quick 10 bucks, and others will add $10,000 to your bottom line in 2023.
Why is this so freaking important?
Streams of Income.
Studies have shown that the average millionaire has at least seven different streams of income. And the more varied and passive those streams are, the more…
…you have to pursue your passions.
14 Ways To Make Money On Instagram in 2023
- Idea #1: Selling physical products.
- Idea #2: Digital product sales.
- Idea #3: Instagram Subscriptions.
- Idea #4: Reels Bonuses.
- Idea #5: Social media management.
- Idea #6: User-generated content (UGC).
- Idea #7: Badges.
- Idea #8: Affiliates.
- Idea #9: Paid partnerships.
- Idea #10: Sponsorships.
- Idea #11: Sale of services.
- Idea #12: Coaching.
- Idea #13: Reselling.
- Idea #14: Guest speaking.
Now, I know what you’re thinking…
Okay, great! All of that sounds lovely, but HOW? I need more details, Chalene! Don’t leave me hanging!
No worries, you know I got you!
Check out this episode of Build Your Tribe and we’ll elaborate on every idea mentioned in this blog! Including, tips and strategies on how to best utilize them!
And don’t forget to subscribe to BYT for weekly episodes dedicated to your social media domination!