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If you’re looking for ways to monetize your Instagram account, then making money as a content creator and providing product recommendations for shoppers may give you an opportunity you’re pursuing.
Let’s imagine you have more than 5K followers and your target audience loves what you do regularly liking and sharing your content. It’s time to turn what you and your audience love into a sustainable source of income. One of the quickest ways to start making money on Instagram is to add affiliate links to your posts, Instagram bio and Stories.
This post will guide you through the process of making money on Instagram and will show you how you can easily monetize it with ConvertSocial platform for publishers.
How to Make Money By Promoting Products On Instagram?
Making money recommending products on Instagram or, in other words, adding affiliate links to your content means you get a small commission every time users make purchases through your link.
Basically, there are 4 essential components of partner marketing: advertiser, partner network, publisher (content creator) and a customer.
So if you’re a blogger or influencer thriving to find ways to monetize your content, then ConvertSocial is a tool you might be looking for.
The monetization platform gives users maximum flexibility when it comes to geo-targeting and conversion tracking.
You can add affiliate links wherever Instagram allows them. Stories, Reels, and your own bio are the most obvious sections to place them.
While adding affiliate links to posts or IG Stories can benefit you in many ways, it is important to seize all opportunities to get them noticed. Your followers should clearly realize what link they’re going to click and what benefits the product behind that link can provide. Create relevant content around your links to motivate users click on them.
You earn every time when users purchase a product or service through your link. Commission rates may vary depending on the brand and their program, but the average affiliate commission is between 5–30%.
Instagram is a great tool for marketing someone else’s products as your own because you can create appealing pictures and videos, which will help to present it in the best light. Another great perk is that Instagram allows you to easily create engaging content and convert followers into buyers without spending a fortune.
Benefits of Partner Marketing for Publishers and Content Creators
- It doesn’t matter if you’re a powerful influencer or a micro blogger, by adding affiliate links to your content you can diversify it. When your followers see relevant links, they will more likely trust the author and thereby build influencers’ credibility;
- It doesn’t take a rocket scientist to make money recommending products. Nor it takes investing your own money. Get started by signing in your ConvertSocial account, add generated links to your content and start earning passive income;
- If your content goes viral or you amass a huge following on Instagram, there is a good chance that you make decent money without extra effort. To achieve this goal, you need to be a seasoned expert in your field who knows what their audience needs. You’ll also need to create a strong powerful social media strategy;
- ConvertSocial platform gives you access to promotional offers from 30.000+ brands.
Even if you create content in a narrow field, you can diversify your revenue streams by choosing from a number of products or services.
This will help you reduce the effects of seasonal demand and keep on making money when one of the affiliate programs stops working.
What Is ConvertSocial Content Monetization Platform?
ConvertSocial is a platform for monetizing social media content and earning online.
Any blogger or influencer who want to make money with their social media accounts can pick a brand they wish to market, generate affiliate link in just one click and start monetizing their Instagram following.
ConvertSocial provides opportunities for all types of bloggers to choose a product or brand to share with followers, and make money every time someone makes a purchase.
Double your revenue by choosing the most effective ad format for your online business.
How to Make Money With ConvertSocial Platform
Step 1. Sign up
The registration process only takes a few minutes to complete and you’ll only need your email and password.
Step 2. Add Your Social Media Accounts
Specify your social media accounts where you plan to post the content. You can do this by opening “My social networks” section.
You can add either your Instagram or TikTok profile, Youtube channel, Facebook group, Telegram channel.
This step is required to start collaborating with brands and generating affiliate links.
Step 3. Create Your Affiliate Links
You can either create affiliate links to the brand’s main page, or you can generate a deep link to a specific product.
There are two ways to create a affiliate link:
Click “Get link” in the “Brands” section to immediately generate an affiliate link to a brand’s main page;
Insert a link to the product page into the “Link to the brand’s website page” field to create an affiliate link to a specific product or service. This will make things easier for your followers to find the product you’re promoting.
Step 4. Add Affiliate Links to Your Content
Review the brand’s product or service and then add an affiliate link to your content.
Step 5. Data Analysis
After placing affiliate links, track link clicks and orders in the “Reports” section.
In case there is user activity, and users click your links, then everything is fine – you pick products and services that are relevant to your audience.
If there are few clicks, then it may be worth waiting a little and giving your followers time to decide on a purchase.
And if there are no clicks at all, try placing links to another product.
Keep in mind, the more often you analyze data, the more accurately you will be able to figure out which products and services are relevant to your audience and bring you the most revenue.
Step 6. Confirmation
Once the first payment is made through your link, you will see the reward amount in the report section. The brand will then check it, and the money will be credited to your personal account.
Step 7. Withdraw Money from Account
Once your earnings exceed 10 euros, you can transfer funds to your card, bank account, PayPal account, or WebMoney.
All done! Now you will get a commission every time a user purchases something through your link.
How to Choose the Best Affiliate Products To Promote
Even if you know a thing or two about creating engaging content, finding the best affiliate product to promote can be a challenging task. Here’re what you should know before choosing it:
Depending on the brand and affiliate program, commission rates may vary. Before creating content for a specific product, it is important to find out what commission you are entitled to for generating sales.
Cookie lifetime parameter defines how long will be valid relation between the user’s browser and publisher after the user clicked on affiliate link. Some cookies are active for 90 days, some for 30 days, and some for only 24 hours.
At the end of the cookie lifetime, they will expire, and in order to re-bind the user to publisher, the user must again follow the same link. The lifetime of a cookie can be found in the affiliate program description. In general, the longer they are, the more chances that the user will click it, make a purchase through it, etc.
How popular is the brand you’re going to promote? Do people know it? How quickly they recognize it? Brand awareness is often considered as the first step in the buying process. It will also affect the way you create content and the entire marketing campaign. The quicker users recognize the brand, the more likely they will click your links.
At the same time, if you promote lesser known brands, it is worth testing it for some time before promoting. A good rule of thumb is that you promote brands you personally used and confident in. Your followers trust you, so don’t abuse that trust.
Keep in mind that abusing followers’ trust and promoting low-quality or irrelevant products may result in losing your entire audience because there are always reliable and credible sources of information. Be as honest and candid as possible when reviewing products.
Make it a rule: promote only what you would use yourself.
Tips on How to Promote Products On Instagram
Tip 1: Identify Links That Have the Most Number of Clicks
There are popular sections in your profile where you can place links. But how do you know which of them see the most of the clicks?
To locate those you may want to test different strategies and see your Instagram profile Analytics.
To start with, add links to your bio, Reels or Stories, and then track them to find out which ones bring the most clicks.
Once you’ve identified the interests, needs, behaviors, and goals of your audience, it will be much easier for you to adjust the promotion strategy and create content that correlates with their interests.
Tip 2: Be Honest
To succeed in making money on Instagram with ConvertSocial, you need to be as honest and candid as possible while recommending products and services.
Users appreciate relevant recommendations and once they make a purchase using your links, they will return not only for quality content, but also for add-ons in the form of links.
Tip 3: Think Like Your Target Audience
Any Instagram marketing strategy involves identifying the motivation of followers.
What makes them buy now? Is it a need for a specific product or a seasonal demand? Understanding why people need products you promote will help you increase the number of affiliate clicks in the future.
It is also important to have a clear call to action (CTA). CTA should give a clear answer on how to follow the links and buy something on the partner’s website.
Wrapping Up. How to monetize Instagram Account With ConvertSocial
Hopefully, after reading this post, it will become easier for you to generate links with ConvertSocial platform. We provide convenient tools for influencers and content creators to quickly and easily start making money on Instagram.
Are you ready to create your affiliate links? Join the platform now!
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