Instagram Residual Income Sources
Making some extra money always appears to be a great way of meeting your ever increasing expenses but it requires effort. You can start generating a regular stream of income by getting yourself some residual income sources from online platforms like Instagram. That way, you get to make some additional money doing the things that you normally do. If you would like to learn how you can earn a side hustle from Instragram then read on!
How to use Instagram as a residual income source
The first thing that you need to do in order to start making money using Instagram is to set up your account. After that, you need to start putting high quality content to attract the attention of other instagrammers. It is recommended that you look up high trending hash tags and then use them in your posts to increase your number of views and eventually your number of followers. Once you have got a decent number of followers, you are ready to make some money. There are a number of ways to use Instagram as a residual income source and a few of them are discussed below.
Sponsored Instagram Posts
It is important to understand the fact that it isn’t necessarily about the number of followers on your account but the followers who get engaged in your content. So if you want your followers to get more engaged in your content, you may need to go down the sponsored post route.
Affiliate marketing and Instagram
Social media platforms like Instagram get a lot of traffic every day. Therefore, affiliate marketing is a great way to direct people to different online sellers where they could purchase different products while helping you earn a passive income stream. There are a number of ways to make your audience fall in love with the product you are rooting for. You could come up with a nice story on how the product proved its worth to you while you were stuck in some situation. The point here is to make the product irresistible for the viewer.
Some Successful Instagrammers
Below are three famous celebrities with millions of followers. In exchange for making each post, they get thousands of dollars.
- Lebron James – No. of followers: 31.6 million, Payout per post: $120,000
- Kendall Jenner – No. of followers: 82.1 million, Payout per post: $370,000
- Khloe Kardashian – No. of followers: 68.4 million, Payout per post: $250,000
The three accounts mentioned above do not get paid because they are famous celebrities. The real reason behind their value is the fact that they possess several million followers that follow their posts and click on their recommended product images. You can start making money by getting as many followers as you can and then engage them with your posts if you want to make a consistent residual income.
Other Residual Income Sources
Earning a residual income from Instagram is only one of the thousands of way that you can generate a passive income for yourself. If you would like to learn about other ways that you can earn a passive residual income then check out this site http://passiveresidualincomefreedom.com