According to Backlinko, it now boasts a whopping 1 billion active monthly users, equating to almost 25% of internet users worldwide!
People can and do make money on Instagram! We aren’t talking about trifling sums either.
While influencers with over 1 million followers can earn over $250,000 per post, most bring home much smaller sums, such as $25 to $50.
Now let’s consider four specific ways people earn a living through the platform:
Sponsorship’s arguably the simplest, most common, and most lucrative strategy for anyone wondering how to make money on Instagram.