A place where you can earn a living from your passions? It certainly sounds appealing, but how does it work?
Instagram is the top platform for influencer marketing, allowing you to build a following, grow it, and monetize it. As a result, it presents an almost endless opportunity for financial gain.
But how much do Instagram influencers make for real?
It really depends on a lot of factors, like how famous someone is, and what types of content they do and promote. The amount of money influencers can make is somewhere between $50 to $2 million per single post.
In this article, I will explain what occurs behind the scenes and show how the most successful creators can earn up to a million dollars per post.
Table of Contents
How Much Do Instagram Influencers Earn?
The earnings of an Instagram influencer can vary significantly, ranging from $50 per post to as much as $2 million, as we will explore.
The income of Instagram influencers is influenced by several factors. I will discuss these factors and provide real-life examples to better illustrate my points.
1. How Much Do Influencers Earn from Sponsored Posts?
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Sponsored posts are arguably the most common method of monetization for Instagram influencers. They serve as a fundamental way to earn money on the platform, and there are several compelling reasons for this. They provide a low entry barrier and require minimal effort.
Sponsored posts are a form of brand collaboration where an influencer shares images and stories showcasing a product supplied by an advertiser. Effective sponsored posts authentically represent the influencer’s tastes and are generally well accepted by the audience, despite being marked as ads. Influencers are typically paid a flat fee, although there are exceptions.
Consider Liz Eswein as an example. On Instagram, she is known by the name @NewYorkCity. As one of the platform’s earliest users, she has utilized a distinctive and memorable name that effortlessly generates impressions. She earns $1 per like on her sponsored posts showcasing her home city, with some posts exceeding 20,000 likes.
When discussing outliers, it is important to mention top celebrities, their earnings, and the reasons behind such high incomes.
Dwayne Johnson is a remarkable outlier, a superstar movie actor whose film career has catapulted his Instagram account to over 200 million followers. Reports suggest that he earns more than 1 million dollars per post, making him the highest-paid Instagram influencer.
Naturally, seeing these large numbers can lead one to wonder, “Wait, can’t they just create unlimited posts and essentially print money?” The short answer is no. The reality is that there are several limitations imposed on Instagram influencers, mainly regarding the number of appropriate advertisers and the frequency of their posts.
As Instagram influencers, they must maintain a particular reputation. Each sponsorship must be carefully vetted, as collaborating with the wrong brand for a sponsored post can be detrimental. No one would feel at ease supporting a creator who has partnered with companies recognized for unethical practices or low-quality products.
Additionally, they face significant restrictions on the frequency of their posts. In theory, they could accept numerous deals and flood their followers’ feeds daily, but this would result in considerable long-term damage. It would lead to a loss of interest, a decrease in follower count, and a decline in engagement rates.
As we can see, numerous factors influence how often they can create a sponsored post. A careless mistake can impact every subsequent deal they make in the future.
2. How Much Do Influencers Earn Through Instagram Affiliate Marketing?
Affiliate marketing has been present since the inception of internet marketing. It functions on a model where the creator earns rewards for sharing an affiliate link, making it an effective method for generating passive income. This link is specifically tailored for the creator and can track various metrics.
Typically, it rewards the influencer with a percentage of each sale made after Instagram users click their link. However, it may also reward other metrics, such as the number of impressions, new users registered on a platform, and more.
Another alternative that is gaining popularity is discount codes. Influencers receive unique discount codes to share with their audience. Although their application varies, they share all the characteristics of affiliate links.
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There are many ways for affiliate marketing influencers to earn money on Instagram.
Traditionally, individuals would create an Instagram post featuring a picture of the promoted product and include the link in the post description. Similarly, they would use Instagram stories to showcase the product along with a clickable link.
An alternative common method is to place the affiliate links in their bio. This guarantees that the link or links remain visible to anyone visiting their profile at all times.
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Many Instagram influencer bios feature brand partnerships, and if they included every link in their bio, it would quickly become cluttered. To avoid this, some influencers use tools like Instabio.
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The tools will provide a clickable link that opens a new window displaying all the sponsored content and other relevant links.
Understanding these tools is crucial for succeeding in influencer marketing. They allow a creator to increase revenue and improve their visibility on other social media platforms.
While understanding all this theory is essential, you are likely curious about the actual figures being generated at this point.
Instagram influencers earn between 5% and 50% of sales through affiliate marketing, with some agreements offering a flat rate instead of a percentage.
If an influencer with 10,000 followers promotes a product priced at $100 with a 10% commission, and they successfully make 50 sales, they will earn $500. You can modify any of these variables to see how much Instagram influencers can earn.
3. How Much Money Do Influencers Earn from Selling Merch?
In influencer marketing, “merch” is a broad term that encompasses a variety of personalized products sold by an influencer. This includes items such as apparel, mugs, notebooks, blankets, patches, magnets, and more.
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To understand how much Instagram influencers actually earn, we need to examine some figures. For example, to produce a t-shirt, they typically allocate around $4 per shirt, while these t-shirts are usually sold for approximately $20. Therefore, selling 100 shirts would generate $1,600, not including other potential expenses.
Three factors determine the manufacturing cost of the item you wish to sell: blank t-shirts, supplies, and labor.
Blank t-shirts are surprisingly affordable, with prices starting as low as $1. However, they can range up to $4 or more, depending on factors such as materials, craftsmanship, colors, and more.
Supplies refer to the materials used for the t-shirt. These materials are responsible for creating designs, logos, and text. I will use opaque vinyl material as an example. A yard of this material costs approximately $11. This amount is sufficient to produce 20 designs, resulting in a cost of $0.55 per design.
Now, if the influencer does not plan to do the work themselves to save money, they must hire someone else to manage it. Those who assemble all the materials manually and produce the final product can typically create just over 15 t-shirts per hour. If they are paid $10 per hour, this amounts to approximately $0.66 per shirt.
This summary outlines a method that often generates substantial income for Instagram influencers. It demonstrates the process using t-shirts as an example, but the approach is quite similar for other types of products mentioned earlier.
While it can be a profitable way to earn money, some Instagram influencers may find this process quite challenging, and there are valid reasons for this. It requires a substantial investment of time and resources, and there is also a risk involved in managing inventory.
To address this, some individuals use print-on-demand services. This involves a partnership between the influencer and a white-label product supplier, where the creator incurs no costs until a product is sold. They only need to provide the design, while the supplier manages everything else, including manufacturing, billing, shipping, and more.
4. How Much Money Do Influencers Earn from Instagram Reels?
Reels are short-form videos inspired by TikTok, averaging approximately $1,000 for every ten million views. They may represent the least effective monetization strategy in the entire influencer marketing landscape. If the pay-to-view ratio isn’t discouraging enough, consider that some creators receive no payment whatsoever!
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To earn money through Instagram reels, you must participate in Reels Play Bonuses. Reels Play Bonuses is a payment program that is directly funded by Instagram. To join, an influencer must have at least 1,000 views within a 30-day period.
Meeting the requirements mentioned above does not automatically qualify you. You still need to be accepted by Instagram.
While reels may not directly generate income, they are still a valuable asset for most influencers. Short-form videos are recognized for rapidly attaining high view counts. A proficient creator knows how to convert some of this attention into a growing following, which ultimately boosts their earnings.
Other Ways to Make Money on Instagram
So far, I have discussed several of the most common ways to earn money on Instagram. However, there are also many methods that do not fit into any specific category. In this section, I will highlight some additional strategies that numerous influencers have used to build their influencer careers.
Selling a Range of Products
I have already mentioned one category of products: merch. While every merch item is a product, not every product qualifies as merch.
Merch is usually directly associated with an individual’s personal image, while regular products often possess their own unique brand identity.
An excellent example of this is Connor McGregor’s whiskey, Proper Twelve, which has generated over 600 million dollars for its owner. It is a product that reflects the personal touch of its creator, yet it could also be marketed as a standalone item.
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Products like this appeal to a wider audience and can be marketed to individuals outside of a specific community or fandom.
Most Instagram influencers would find it challenging to make this type of enterprise successful, as it requires more than just selling memorabilia to those who are already invested in them.
OnlyFans Modeling
OnlyFans is a platform that has allowed influencers like Blac Chyna to earn over $20 million in a year, positioning them among the top OnlyFans earners.
It was originally created to improve the connection between influencers and their audience. The audience would pay a monthly fee to access exclusive content and receive direct messages from the influencer.
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It was not limited to any specific category; however, over time, it has evolved to primarily showcase sexual content, which is how it is identified.
Many prominent influencers have leveraged their Instagram following to generate extra income on OnlyFans. The strategy is simple. They often share suggestive images that guide followers to their OnlyFans account, which offers more explicit content.
Selling Courses and Programs
Selling courses and programs is a great way to earn money on Instagram, even for “micro-influencers.” These creators have a smaller follower count (1,000 – 100,000) but consist of highly engaged individuals. Despite not having a million followers, they can still generate a significant income.
A highly sought-after professional in a specific niche may not be widely recognized by the general public but can be quite popular within a smaller community. An example of this is Coach Curtis, a competitive gaming professional. Curtis has been selling his improvement programs for $30 per person long before he reached 100k followers.
Wrapping It Up
In this article, I discuss how much Instagram influencers earn and the intricacies of the craft. I cover both mega influencers and smaller ones, examining the impact of niches, follower count, and engagement levels.
Hopefully, this reading has given you a more nuanced understanding of how influencer marketing operates and the various factors that contribute to it.
Frequently Asked Questions
How much do influencers get paid on Instagram?
Influencers on the low end will earn around 50 bucks per post, while mega influencers like Cristiano Ronaldo make up to two million dollars per post. They can make almost any amount of money, and there are not any rules set in stone.
Who are the highest-paid Instagram influencers?
The highest-paid influencers on Instagram are Cristiano Ronaldo, Kylie Jenner, Leo Messi, Selena Gomez, Dwayne Johnson, and Ariana Grande. u003cbru003eu003cbru003eI have lined them up by highest average pay to lowest. While Ronaldo will earn from $800k to $1 million per post, Ariana will earn from $600k to $1 million.
Who spends the most on influencer marketing?
Here are some of the highest amounts of money brands have spent on influencer-sponsored content:u003cbru003eu003cbru003e*Fashion Nova $40 million, u003cbru003e*Flat Tummy Co $13.5 million, u003cbru003e*Ciroc $11.8 million, u003cbru003e*Walmart $9.3 million, u003cbru003e*Pretty Little Thing $7.6 million, u003cbru003e*Luc Blaire $6.7 million, u003cbru003e*Carolina Lemke $6.2 million, u003cbru003e*Calvin Klein $5.3 million.
How many followers are needed to earn on Instagram?
How many Instagram followers someone has is not necessarily the most important thing when it comes to earning on Instagram. u003cbru003eu003cbru003eThere are dead accounts with over one million fake followers. These accounts do not have the key factors, which is the engagement rate from the audience.