How to Make Money from Instagram Reels 2024?

Instagram, where the abundance of influencers is shaping up their future, has become a popular social media platform. Since the platform is introducing short videos, also known as short-form videos of 15 to 90 seconds, more and more people find it one of the best ways to generate income. If you’re also looking for how to make money from Instagram Reels, then you have come to the right page!

Similar to the profitability and success of TikTok videos, Instagram Reels allows creators to generate a massive income while monetizing their Instagram content to reach their creativity to the targeted audience. Are you already creating reels on Instagram? The good news is that there are many ways to help you earn income from videos, both as an individual creator and as a business. But, remember, the more quality and unique content your audience enjoys, the more Instagram reels income you will generate.

To help you get started on your initial days, and answer your question can we earn money from Instagram reels, we have come up with a few strategies. These will help both content creators and businesses to smartly generate revenue.

How to Earn Money From Instagram Reels – Strategies to know

Creating content for social media not only allows you to build a community, connect with your audience, and build your brand but also helps earn money from that content. Just make sure you display authenticity and simplicity in your content to keep the consumer’s interest intact.

1. Promoting and Selling Physical Products 

One of the most effective ways to monetize your Instagram reels is by creating branded content to promote and sell a product. This strategy works by directly selling the product, which ultimately leads to earn through Instagram.

For example, if you opt for an online store selling shoes, use your Instagram reels to promote your wide range of shoes through slideshow reels, product videos, influencers wearing and showing off your shoes, and more.

Make money from Instagram reels? Download high-quality images and order good samples to show in your reels on Instagram. Add designs to your products and start selling and promoting on your social media other than Instagram like YouTube.

If you are an Instagram influencer, show off your merch in reels without overdoing it, and keep the focus of your videos on entertaining and engaging your audience. Don’t forget to mention where they can buy the merch and add a link to it through your link in the bio.

2. Becoming an Affiliate 

Scrolling the web to know how to get money from Instagram Reels? Here is a solution in the form of affiliate marketing. More and more influencers these days are using this monetization strategy. Creators need to create impressive content and call to action at the last of their reels. 

Let’s understand this strategy with an example – Amazon affiliates can promote Amazon goods through their Instagram reels using their affiliate link – by mentioning them in the bio. Unlike promoting physical products, which requires launching an online store or working for merch, you just need to become an affiliate and earning money from Instagram reels.

By being an affiliate, you will be paid a small amount as a commission for each sale made using the unique affiliate link while eliminating the need to set up your own storefront, design courses, source products, etc. You can earn a decent amount based on the price tag of what you are selling through affiliate marketing. The best part is that you can be an affiliate for any digital product as well.

Below are the steps you need to follow to earn from affiliate marketing:

• Become a part of affiliate marketing programs like Earnkaro 
• Generate a unique affiliate link, keeping your target audience in mind
• Add that unique link to your content or short reels
• Provide high-quality content to generate a narrative around the affiliate good
• Communicate and engage with the right people to build trust and eventually sell your product
• Monitor your performances and boost sales.

3. Instagram Ads Placement – Make Money From Instagram Reels

For reels earning, you can consider using Instagram ads. This approach can also help you connect with your specific target audience and get more followers. However, a game changer strategy for influencers, you can use Instagram ads to earn money by showcasing your product in short videos (usually 30-second reels) and placing a CTA (call to action) button on your Instagram reel. 

The simple strategy is that if a large number of people make a purchase through your CTA, the more Instagram income you will earn. You can target your audience based on their behavior, demographics, and interests to ensure that your ad is watched by the right audience.

4. Selling Service 

You can also make money via Instagram Reels by offering a service, whether it’s group trips, coaching sessions, bookkeeping, catering, or home decor. Despite being a less passive strategy to make money with Reels, there’s no limit to the services you can offer. 

For example, a catering organization can create Instagram Reels for their social platform to showcase their portfolio or latest service and make it clear in the caption of their Reels that they’re available to take on more clients.

5. Selling or Promoting a Digital Product 

If you don’t want to promote or sell only physical goods, selling digital products is another great option you can consider. By selling digital products including online courses, e-books, membership websites, printables, themes, or more, you can generate income from Instagram. 

For example – if you want to promote your digital marketing course on Instagram, you need to create Instagram reels that include videos of some course types, modules, and students who have completed the course from the beginning. You can also create short videos about how you have been rewarded for your expertise to build social proof and show why you are an industry professional. Hopefully, you’ll find the answer to your question about how to earn money from reels through digital products.

6. Adding Shoppable Product Tags 

Searching for how can we earn from Instagram reels on the web? We have the simplest and most popular way, which is to add shoppable product tags. In simple words, it means that you have a chance to make your viewers shop from your videos with great ease. 

There are many online stores that sell physical products by adding shoppable product tags to their reels so that people are directed to their shop to buy some amazing stuff. If you are an influencer with a huge collection of products in your store, like accessories, and apparel stores, then you can create multiple reels to send viewers directly to the shop section of your social media account.

You are advised to add multiple styles to a single reel, create more reels that increase engagement by catching the attention of the audience, increasing the chances that someone will find at least one product they like or even purchase multiple styles.

The best part is that your Instagram makes money from reels by giving tags to them, and generates more revenue from the content that is already doing well, without having to shoot anything new or fresh.

7. Monetizing Instagram Account with Patreon 

Is it easy to earn through Instagram? Yes. By promoting Patreon accounts with your audience on Instagram, you can easily monetize your Instagram Reels. Even if the Instagram Reels play bonuses have disappeared, you still have plenty of loyal followers who will encourage you in other ways. This will ultimately help you earn money from Instagram.

If you want to increase your follower count, make sure you keep posting reels on your account consistently. Along with this, having a Patreon account in your bio link gives a boost in monetizing your audience. Nowadays, popular creators with massive audiences often monetize their Instagram with Patreon to provide special content to people in a large community. Also, it can be a great tool for smaller influencers searching for is Instagram paying for reels. 

8. Partnering with Businesses and Brands

Looking for how to make money from Instagram reels? Then partnering with businesses and brands is the right choice. Many influencers generate revenue by collaborating with brands or incorporating them into influence marketing. Creating an Instagram reel is an effective way to do this. If that is the case with you, charge brands a hefty amount or set your rate cards to create one or more reels to promote a service or product. If you are well-versed in how to earn from Instagram in India, approach the most popular and relevant brands in your field and find opportunities to connect with them.

With this approach, Instagram monetization in India is quite easy. You have an engaged audience and loyal following in a popular niche. That’s it and you can provide value to brands with content in the form of campaigns, and promotions.

To reach more people on your posts, know about Instagram SEO, and use relevant keywords, location tags, and hashtags. In addition, don’t forget to know the right time to post content. Even if you have a low number of followers, high engagement will make your social media more attractive to brands and your chances of getting more paid partnerships will be higher. 

Tip: When creating a reel for a brand, remember to keep it hooked to your followers and your niche. If you’re selling something that your followers are looking for, they’ll be more likely to buy it, which will help the brand make more money and keep you on again and again. Through this approach, you can generate Instagram reels income in India. 

9. Create a Community of Subscriber 

How does Instagram make money? Do you also have the same question in your mind? So the answer is yes, creators can make money from Instagram Reels by providing exclusive content, especially to those who subscribe to your account. You can receive money directly from Instagram, plus, you will be able to strengthen your interaction with your followers. Similar to Patreon but inside the Instagram app, by offering subscriptions, you can earn monthly revenue from subscribers who have exclusive content accessibility. 

Creators can choose what they want to be involved in their subscriptions. Some of the best options are:

• Stories
• Live Streams
• Social Channels
• Subscriber badges
• Reels, Posts, and other specific content
• Broadcast channels
• Social Channels

Best of all, you are allowed to charge your own price. People who subscribe to your Instagram account will be presented in purple so that they reach your direct messages and comments for better engagement. So, here is the response to your question about how to earn from Instagram from reels by creating a community of subscribers. 

10. Accepting Instagram Reels 

Are you wondering how to make Instagram money from reels using Instagram features? Yes! Here is an answer; if you have noticed, the platform is eligible for Instagram gifts. 

However, today only available to special influencers, Instagram Gifts enables creators to generate income directly from their audience. It works through video viewers who purchase stars and send them to you as gifts. Due to this, Instagram pays you, which equates to about $0.01 for each star sent to you by a viewer. To withdraw your money, you will need to deposit an amount of about $200 to the program.

11. Sharing Reels on Threads

Originally introduced as a sort of Twitter alternative, Instagram Threads lets you post videos on it. However, unfortunately, this option is only available to certain users. Users who are eligible to use it can earn money for thread content that gets at least 10,000 views. Learn more about Instagram features like Instagram reel saver and make money from it all.

Wrapping Up!

Instagram reels are a great option to make money and increase user engagement and follower count. Apart from reels, there are many revenue-generating strategies like getting involved in affiliate marketing, selling or promoting products, sponsored content, or others. Try your favorite method and become a smart earner for your family.

Frequently Asked Questions

1. How to monetize Instagram reels?

To do Instagram reel monetization, you’ll need to do paid collaborations with brands, enable followers to send you gifts, offer you digital or physical goods or services, accept donations via Patreon, start the platform’s customer community, become an affiliate, and more.

2. How many followers on Instagram to get paid?

This may vary depending on the specific organization you are working with and how much engagement you are getting on your posts. However, according to some research, an influencer needs about 5000 to 10,000 followers to start making money on Instagram.

3. How many views on Instagram reels to get paid?

Now, it is not possible to earn money directly by getting views on Instagram reels as before as IG no longer provides bonus payments. Brands, however, usually collaborate with Instagram influencers who get around 1000 views on their reels. Also, one must remember that the amount you get per 1000 views is not always fixed, it is not consistent, and it can vary from content to content and influencer to influencer.

4. When does Instagram start paying you?

In general, you will be paid per post, with your engagement rate and number of followers determining the price. Those who are nano influencers with 500 to 1,000 followers and micro influencers who have 10,000 to 50,000 followers will be paid. Also, payments are made on the 21st of every month for the previous month’s earnings.

5. How much can we earn from Instagram reels?

Earnings vary based on your following on Instagram, but as part of a brand deal, you can earn anywhere from $5 to $15,000 per Reel. On a monthly basis, you may expect to earn more—thanks to Instagram’s Reels Bonus program.

6. Does Instagram pay money for reels in India?

Definitely! To make money through Instagram reels in India, you need to leverage your creativity and engagement strategies. Brand deals and sponsorships, Instagram’s Reels Bonus Program (if available), affiliate marketing, selling services or products, charity, and promoting exclusive content are some of the strategies that help to earn a good amount of money by creating reels on Instagram.