A great way of making some money on Instagram is through Instagram’s creator marketplace and becoming an influencer. With this, you will be compensated with either gifts or money in exchange for creating and posting content related to a brand or business. To become an influencer you will need at least 1,000 followers on Instagram and you will typically get paid per post, with the rate you are compensated depending on your number of followers and engagement rate. Nano influencers – those with 1,000 to 10,000 followers – earn between £10 to £100 per post, while mid-tier influencers – those with 50,000 to 500,000 followers – earn around £500 to £5,000 per post.
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