How Many Followers Do You REALLY Need
How Many Followers Do You REALLY Need: Many believe follower count is the only factor brands look at when paying you on Instagram, but that’s not true. Here are three factors that can affect your earnings on Instagram, even if you have a big following.
Active Instagram users and influencers can earn thousands of dollars per post. But some users struggle to see their follower count grow each day. Indeed, Instagrammers want to sign big, sponsored deals that can help them put in their bank account, eat the best-looking food or travel around the world. However, brands measure your account influence based on both your follower count and engagement rate.
Because of that, well-known celebrities with huge followings grab those big deals while others struggle to build their follower count, reputation, engagement, and much more. But many wonders: How much money can you make on Instagram? And what factors affect how much one can potentially earn?
Dealing with technology’s dark side
How much money can you make on Instagram?
The first question that most Instagram users ask is how much money they can make on this platform. Frankly, there is no direct answer to this question. According to Instant Famous, several variables influence the amount of money you can get per post on Instagram. Some of these include your niche, follower count, the method of monetization, engagement rates, and quality of posts.
Sponsored posts are one of the most popular ways of making money on Instagram. The industry ranks influencers based on their follower counts and sets the prices for publishing sponsored posts based on the number of followers. For instance, the nano category has influencers with less than 10,000 followers, the micro category has up to 100,000 followers, the macro category has between 100k and a million followers, and influencers in the mega category have over a million followers. The lower-level influencers, like Nanos, earn $10 per 1,000 followers, micros earn $100, and macro earns $1,000.
“He won’t care about your mental health You got his followers, 120 million people saying ‘is Shaq worth this 120?’” – Shaquille O’Neal believes athletes need the blueprint that was laid out for him
On the other hand, influencers have the right to set their price, and their charges are mostly outside these guidelines. For instance, less famous influencers with up to 10k followers may set their rates at $25-$50 per post, an established one with 30-80k followers may charge $ 150 or $350 a post, while a celebrity with over 100k followers can charge between $1000 and $500,000 a post. They use other factors when setting these figures.
The engagement rate is one factor that influences how much money one can make on Instagram. Based on this, lower-level influencers with a high engagement earn more when brands pay based on the number of engagements. As a result, companies use a different pricing model, which is $250 to $750 per 1,000 engagements.
Zubair: ‘A Muslim Man Asking For Accountability and Working as a Journalist Is Not a Crime
Although your Instagram follower count is important, a lower-level influencer with a higher engagement rate may earn more than another with a huge following but few likes and comments on their posts. Followers that engage more are more likely to purchase shortly, and that’s what brands are looking for.
How many followers do you need to make money on Instagram?
It depends. Many believe that follower count is the only factor brands look at when paying you on Instagram. However, that is not true. They also look at your niche, the quality of your posts, reputation, and follower engagement, because these factors influence their product awareness and sales. To prove that, let’s review three big factors that can affect your earnings on Instagram, even if you have a substantial following:
My Instagram Follower Got Scammed Out of $4,000. How to Spot (and Avoid) Social Media Imposters
Engagement rate The engagement rate on Instagram is a percentage obtained by dividing the total number of likes and comments by the number of posts and multiplying that by 100. You can use a few online tools to do the calculations quickly. Instant Famous states that 4-6% is a high engagement rate, 2-3% is average, and above 10% is viral.
A high engagement rate tells brands that their followers listen to what you say or accept your recommendations. This encourages them to invest with you because many of your followers will buy their products. Therefore, whether you have 1,000 or a million followers, you can make money on Instagram, as long as your account has a high engagement rate. The rate shows that your followers see and interact with your content. It also means your followers pay attention to what you say, and a couple of potential buyers are among them.
Here’s why all of your social media is trying to be TikTok now
Social media has become part of people’s daily lives. Seven out of 10 people turn to social media networks when deciding what to buy. Most of them make purchase decisions based on the opinion of those they trust. Therefore, you can give your followers the reasons to follow and listen to you if you’re knowledgeable and passionate about a particular niche. Promoting brands and products in the niche you already love can earn you money even if you don’t have a ton of followers.
This leads to the question: Which are the most profitable niches on Instagram? Beauty, fashion, health, fitness, wellness, travel, business, finance, lifestyle, and luxury are some of the most popular niches on Instagram. Further, there are many brands in these niches that help you create a lot of content for them and successfully monetize them.
Israeli doctors and hospitals have discovered TikTok
Therefore, opt for a niche with a lot of followers, so you can easily land sponsored posts. Most brands work with micro-influencers with a more engaged, targeted following in these specific niches to promote them and their products.
Your overall reputation some Instagram influencers are famous on Instagram and other social media platforms as well as in their industries. They include well-known athletes, scientists, and other subject matter experts. These individuals have both excellent online and offline reputations. Brands want to work with such individuals even if they don’t have a huge following on Instagram.
YouTube star MrBeast just became the second person in the world to reach 100 million subscribers and live-streamed the moment he found out
It’s always great to have many Instagram followers because brands are drawn to users or influencers with a huge follower base. On the other hand, the follower count is not the only factor needed to start earning on Instagram. Your niche, engagement rate, and reputation also greatly affect your ability to earn on this video-sharing platform.
As a result of these factors, there is no explicit answer to the question of how many Instagram followers you need to start making money in the future. Even so, you can start making money even with 1,000 followers by exploring various revenue streams. Social media promoters like Instant Famous encourage active users to leverage their influence on Instagram and search for opportunities to publish sponsored posts, engage in affiliate marketing, sell their own digital and physical products, serve as brand ambassadors or offer social media marketing services.
How to conserve cash, and cut spending as a business owner during a recession
The article has mentioned a couple of influencers that make money on Instagram with or without a large following. This is clear proof that the number of Instagram followers doesn’t count, but a high engagement rate of 2,000 loyal followers can earn you decent cash on this platform.
Entrepreneur Editors’ Picks
This TikTok-Famous Funeral Director Might Bury 10 People a Day, But He Still Finds Time to Write Beautiful Songs
A Plea From Job Applicants: Please Reject Us!
‘Rules Are Suggestions’: This Fashion Founder Is Using AI to Eliminate the Industry’s Massive Sizing and Waste Problems
Being an Introvert Doesn’t Make You a Bad Leader. It Just Might Be Your Secret Weapon.
What Entrepreneurs Can Learn From Paul Newman
I Built Over 10 Million Followers on TikTok in 1 Year. Here’s How You Can, Too.
This Mediation Expert Reveals the Power Move That Will Give You Control in Any Situation — and Help You Get What You Want
https://blog.sellfy.com › Tips & tricks
While the number of followers you have can be anywhere from 1,000 to 1 million to make money from Instagram, one thing that is constant is high engagement rates
https://www.quora.com › How-many-followers-do-I-ne
03-Nov-2015 — You should have around 100k followers on Instagram to earn money. There is also exception technique. If you are artist or you have to sell anything on Instagram
103 answers · 11 votes: Depends on what your niche is. There is no set number, because the market is so saturated.
Should I care that I only have 100 followers on
3 Jan 2017
Why do people want a lot of followers on Instagram
13 Mar 2017
Is it better to have more followers than people you‘re
16 Oct 2018
How may followers do you have on Instagram? – Quora
9 Feb 2016
More results from www.quora.com
https://www.digitalmarketing.org › blog › how-many-f
31-Aug-2020 — They tend to have more than 100,000 followers, but this figure can be far higher. Macro-influencers tend not to need to go looking for companies
https://mobilemonkey.com › Blog › Instagram Marketing
How many followers on Instagram do you need to get paid? According to recent research, Instagram influencers typically charge $10 per 1000 followers. That’s
https://influencermarketinghub.com › what-is-an-influe
4 days ago — How many followers do you need to be an influencer?The number of followers you need to be an influencer very much depends on the niche in
https://www.nerdwallet.com › Personal Finance
How many Instagram followers do you need to make money? With just 1,000 or so followers, you can make money on Instagram. Neil Patel, a widely known digital
https://socialbuddy.com › followers-and-following-on-i
If you only run your own personal account, tracking your follower and following ratios isn’t really necessary. Many users only post on Instagram to share
https://www.petalcard.com › blog › money-instagram-i
It’s somewhat of an unspoken rule that influencers can expect to be paid $10.00 for every 1,000 followers they have, once they hit the 100,000 threshold.
https://www.businessinsider.com › News
20-Jul-2022 — To receive “tips”: a creator must be at least 18 years old and have at least 100,000 followers. The amount that an influencer can earn from each
https://en-business.psychic-live.club › 2022/07/28 › ho
3 days ago — Engagement rate on Instagram is a percentage obtained by dividing the total number of likes and comments by the number of posts and multiplying
https://www.socialchimp.com › blog › what-is-the-right
It really depends on what you are looking for. The right number of followers for your individual and specific expectations depends on whether or not you want
https://trendhero.io › blog › followers-money
03-Jan-2020 — How many followers on Instagram do you really need to make $1,000+ per month? If you want to earn as an Instagram influencer by adding
https://resources.audiense.com › blog › how-many-foll
Helpfully, you can actually see what kinds of accounts get verified for yourself, as the Twitter-run account @verified follows all verified accounts. Take a
https://www.hashtagsforlikes.co › blog › instagram-foll
16-Jan-2020 — 1-2 – Normal: If accounts have a 1:1 or 2:1 ratio, it shows that they are successful users of Instagram automation; they have to focus on other
https://getpodsquad.com › blogs › influencers-101 › be
Follower count is one of the key ways brands are screening influencers. Across all industries and no matter who we surveyed, it seems that there are certain
https://www.pixlee.com › blog › 7-tricks-for-instagram-
Have you ever wondered what a good engagement rate is, how to increase yours, or why it even matters?Instagram engagement rates are actually declining for
https://nealschaffer.com › twitter-followers-following-q
So what is the ideal ratio? It will change depending on how many Followers you have, but it has to be in a range near 1.0 (0.75 to 1.25?) if you want to
https://iag.me › Blog
How about Facebook? Although I have mentioned Facebook, I have mainly being referring to Twitter throughout this post. The issue of fake followers is still an