COLUMBUS, Ohio (WSYX/WTTE) -- Forbes revealed some quick tips for making money on your Instagram account.
The publication said Instagrammers with just 100,000 followers could earn $5,000 for a post made in partnership with a brand. While most Instagram users are nowhere near that many followers, Forbes offered a few helpful tips for casual users.
Forbes said creating high-quality content that appeal to people in your niche, using relevant hashtag, and tagging relevant accounts for a shout-out can help grow your following.
"Users with more than 100,000 followers have a good chance of finding brands that would partner with them. But even if you have just a few thousand followers, you could still work with brands that need micro-influencers. Use these tips to grow your following on the platform," said Forbes' Shane Barker, a digital marketing consultant who specializes in sales funnels, targeted traffic and website conversions.
Barker said once you grow your following, you need to determined how much a partnered post is worth.
"Some influencers may overestimate their worth and charge several thousand dollars when they’re worth only a few hundred. Others may underestimate their worth and only charge a few hundred dollars when they could charge more than $1,000 for each sponsored post," said Barker.
He said the Webfluential Influence Estimator is a useful tool to gain a better idea of how much your posts are really worth.
The article said after you figure out how much your posts are worth, find brands to partner with.
Barker recommend checking out these services:
"The most difficult part about monetizing your Instagram account is growing your following," said Barker. "But the tips provided here can help you overcome this challenge. And once you have sufficient followers, you just need to connect with the right brands to start earning through Instagram."