According to Backlinko, it now boasts a whopping 1 billion active monthly users, equating to almost 25% of internet users worldwide!
We've looked at why Instagram's such an excellent social network for earning money and addressed how much you can expect to make.
The most common, and most lucrative strategy on how to make money on Instagram. That is when brands pay you to promote their products and services in your feed.
Affiliate marketing is when you promote a brand's products or services to your audience and receive a commission every time someone buys something through your referral.
Do you already sell products via an online store? If you aren't already using it, Instagram Shopping could be a perfect new sales channel with which to experiment.