How to Make Money on Instagram - Calculator for Instagram Earnings 2023 - 2024
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The tool below is not a real Instagram tool, and Instagram has nothing to do with or say about it.
This tool was made to give influencers a chance to make money.
Calculator URL: https://influencermarketinghub.com/instagram-money-calculator/
Instagram accounts have a relatively high level of engagement compared to other social media channels.
For example, the average Facebook or Twitter user only spends 0.5% to 1% of his or her time on those sites.
But the average Instagram account only gets 3% engagement.
When you have a high number of followers and an engagement rate above that, it shows that you are a leader among your peers.
These things are taken into account by our Instagram Earnings Estimator.
We look at how often your Instagram posts get liked on average (engagement is the likes and comments on your posts).
Example: If you have less than 1,000 followers and your engagement rate is less than 8%, brands are likely to pay you less than influencers whose engagement rates are above average.
From the point of view of a brand, niche is also important.
Companies in the fashion industry are more likely to work with big-name influencers than, say, companies that sell bathroom fixtures, and budgets are set up to reflect this.