In fact, data shows that “nano-influencers” with fewer than 5,000 followers have the highest engagement rates (translation – they can make the most money, too).
Affiliate marketing is one of the most common ways people make money on Instagram. While the vast majority of influencers will do this by promoting those products with their personal brand – in other words, their faces!
Another way you can make money on Instagram without having to reveal who you are – or even have your own Instagram account – is by writing captions for big businesses.
Dropshipping sounds complicated but it’s actually quite simple – and it’s a great way to monetize your Instagram account. Due to the low barrier to entry, it’s even a way teenagers make money.