How To Earn On Instagram – 8 Surefire Ways to Earn Big on Instagram In 2024

Are you ready to turn your Instagram hobby into a lucrative side hustle (or even a full-time gig)? In this comprehensive guide, I’ll share 8 proven strategies that successful Instagrammers are using to generate income from the platform in 2024.

Whether you have a large following or are just starting to build your presence, these tactics can help you start cashing in on your Instagram account. So, let’s dive in and unlock the secrets to earning on Instagram!

How to Earn on Instagram: 8 Strategies for 2024

How To Earn On Instagram | Sense Of Cents

8 Surefire Ways to Earn Big on Instagram In 2024

1. Become an Instagram Influencer

One of the most straightforward ways to earn on Instagram is to leverage your influence as an “Insta-famous” personality. Brands are always on the lookout for popular Instagrammers to partner with for sponsored content, product placements, and social media campaigns.

If you can build an engaged following of at least 10,000 followers, you can start pitching yourself to relevant brands and negotiating lucrative sponsored post deals. Just be sure to only work with companies and products that align with your niche and audience.

2. Sell Your Own Products or Services

Do you have a skill, knowledge, or physical product to offer? Turn your Instagram into an online storefront by showcasing your offerings and driving followers to your website or e-commerce platform. This could include anything from digital downloads (e-books, templates, etc.) to physical merchandise to consultation services.

The key is using your Instagram presence to build trust and authority, then funneling interested users to convert on your own monetized platforms. With the right mix of content and strategic CTAs, you can generate significant revenue from your Insta-audience.

3. Become an Affiliate Marketer

Affiliate marketing is a win-win for Instagrammers and brands alike. By sharing affiliate links to products and services relevant to your niche, you can earn commissions on any sales you drive. And your followers get access to helpful recommendations from a trusted source (you!).

Look for affiliate programs in your industry that offer generous commission rates and have products that genuinely complement your content. Then, sprinkle affiliate links throughout your captions, stories, and even live videos for maximum earning potential.

4. Leverage Instagram Shopping

The Instagram shopping feature makes it easier than ever for users to discover and purchase products directly from your posts. By setting up an Instagram Shop, you can tag your own products or partner with brands to showcase shoppable items.

Not only does this create a seamless purchasing experience for your followers, but you’ll also earn a commission on any sales that occur. Just be strategic about the products you feature to ensure they resonate with your audience.

5. Sell Your Photography or Videography

If you have a knack for visually stunning Instagram content, you can monetize your skills by selling your photos and videos. This could include licensing your work to brands, offering custom content creation services, or even selling digital downloads through your own e-commerce store.

The more unique, high-quality, and on-brand your visual assets are, the more value you can provide to clients and customers. So, keep honing your craft and building an impressive portfolio to showcase on your Instagram profile.

6. Host Exclusive Instagram Live Sessions

Your Instagram Live videos are a powerful tool for building engagement and generating revenue. By hosting exclusive, members-only live sessions, you can offer a VIP experience for your most loyal followers and charge a fee for access.

These live events could include expert Q&As, behind-the-scenes glimpses, or even interactive workshops – the key is providing real value that your audience is willing to pay for. Just be sure to promote your upcoming live events well in advance to maximize attendance and earnings.

7. Sell Sponsored Instagram Stories

In addition to standard sponsored posts, you can also earn money by creating sponsored content for Instagram Stories. Many brands are willing to pay handsomely for the opportunity to have their products or services featured in your highly-viewed story frames.

To make the most of this income stream, focus on cultivating an Instagram Story strategy that keeps your followers engaged and eager to tune in. Then, work with brands to create cohesive, authentic sponsored story content that delivers value to your audience.

8. Offer Instagram Growth Services

If you’ve mastered the art of growing an engaged Instagram following, why not turn that skill into a profitable service offering? By providing Instagram growth strategies, content planning, or even full account management services, you can help other businesses and individuals expand their presence on the platform.

Just be sure to position yourself as an expert in your field and back up your services with a proven track record of success. With the right marketing and client management, this can be a highly lucrative side hustle for savvy Instagrammers.

Frequently Asked Questions

Q: How much can I realistically earn on Instagram in 2024?
A: The earning potential on Instagram is significant, but it ultimately depends on factors like your follower count, engagement rates, niche, and the monetization strategies you implement. Top Instagrammers can easily earn 6-figures or more per year, while even mid-sized accounts can generate a few thousand dollars per month. The key is finding the right mix of monetization tactics that work for your unique audience and brand.

Q: Do I need a large following to start earning on Instagram?
A: Not necessarily. While having a significant following (10,000+ followers) does open up more lucrative monetization options, there are ways to earn from Instagram with a smaller audience. Strategies like affiliate marketing, selling your own products/services, and providing Instagram growth services can all be viable even with a more modest follower count. The key is to focus on building an engaged, loyal community.

Q: How do I get started with sponsored content on Instagram?
A: To land sponsored content deals, you’ll need to build up a solid, engaged following first. Once you hit the 10,000 follower mark, start researching relevant brands in your niche and reach out to pitch collaboration opportunities. Be prepared to showcase your audience demographics, engagement rates, and content strategy. Many brands use tools like to discover and vet potential influencer partners.

Q: What types of products or services sell best on Instagram?
A: The most successful Instagram monetization strategies typically involve products and services that are highly visual, lifestyle-oriented, and complement your niche. This could include everything from physical merchandise and digital downloads to coaching/consulting services and affiliate marketing of complementary products. The key is to know your audience inside-out and offer value that aligns with their interests and pain points.

Q: How can I grow my Instagram following faster in 2024?
A: Consistent, high-quality content is still the foundation of growing an engaged Instagram following. But you can also leverage strategies like Instagram Reels, strategic hashtag usage, influencer collaborations, and paid advertising to accelerate your growth. The key is to track your metrics, experiment with different tactics, and double down on what’s working best for your unique niche and audience.


There you have it – 8 proven strategies to start earning serious cash from your Instagram account in 2024. Whether you’re looking to turn your Insta-fame into a full-time income or just want to generate some extra spending money, these tactics can help you unlock new revenue streams.

The key is to get creative, experiment with different approaches, and most importantly – focus on providing value to your audience. Build that trust and rapport, and the earnings will start rolling in.

Ready to take your Instagram earnings to the next level? Check out our guide on 7 Proven Strategies For How To Earn On OnlyFans In 2024 for even more ways to diversify your social media income streams.