For many people, Instagram is just another social media platform that enables them to interact with friends and share pictures. However, a certain niche of people have discovered an innovative way of making thousands of dollars using this platform. This major discovery is known as “affiliate marketing”.
If you are an internet guru, you must have come across this lucrative business ideas as it’s among the most popular methods to earn money on the internet.
Affiliate marketing – What is it?
This is a marketing strategy that entails signing up with a company or brand, and then promoting their products to your followers. The company then pays you for any product you sell or for each sign up made through the link you provide.Steps to earn cash on Instagram through affiliate marketing
Step 1. Choose the correct affiliate niche which suits you.
Step 2. Sign up to an affiliate marketplace
Well, those are just some of the marketplaces you can settle with. But the list doesn’t end here, you can carry a basic search on Google and sign up to a program that you like. Once, you’ve signed up with an appropriate affiliate program, it’s now time to begin promoting your goods on Instagram.
How to advertise Affiliate Products on Instagram
1. Using affiliate links
One of the huge obstacles you will face when promoting and advertising affiliate products on Instagram is missing of link opportunities. With Instagram, you are only allowed one organic link to your account, which is displayed through your Instagram Bio.Fortunately, there are several ways around this including:
*Coupons – There are some affiliate programs that offer you coupons instead of affiliate links. You can display these coupons as text overlays on your images.
*Image descriptions – For every image you display, ensure that you make proper use of the image description. You can do this by adding your affiliate and call to action link.
As you clearly see, there are a lot of ways to circumnavigate this obstacle. Therefore, there is no reason for you not to utilize this golden opportunity to make extra bucks.
2. Using Instagram Shout-outs
Instagram shout-outs are paid promotions on popular Instagram influencers’ page. This can be a screenshot of one’s Instagram page, or a caption of his or her choice. As an affiliate marketer, you may create an image post and incorporate the product you are marketing with its affiliate
link added on the description.
You can then share this post on an influencer’s Instagram account, showcasing your affiliate link to more audience and potential customers.
Of course, there are also numerous marketplaces where you can arrange your shout-outs. They include:
In addition, these marketplaces will cater for any niche and work with all budgets.
3. Using tags/hashtags
When posting photos of affiliate products, it is important
to make sure you use the relevant tags. With these tags, you are guaranteed more
engagement and likes. In addition, tagging helps you follow up on products to
find out how your audiences are responding to it.
As you have clearly seen, Instagram offers genuine
opportunities for making money online through affiliate marketing. Whatever method
you opt for, there are opportunities for everyone. Just don’t give up as the
financial rewards are worth it.