When "Instagram" makes you a millionaire!

in #money7 years ago (edited)

Instagram users with followers from 50 K to 200 K can earn more than $ 1,000 for each sponsored photo they post.

Instagram is turning into one of many young people's professions, who have a huge number of followers on this account.

The money that various companies are investing in this network are growing steadily. According to recent data published by Mediakix, this industry generating nearly $ 500 million will go up to $ 5-10 billion in 2020.

This money does not go only to celebrities, but to those Instagram users who have 50,000 to 200,000 followers, who are getting a very good share of these profits.

In a recent article published in "The New Yorker" by Rachel Monroe, he says he met two of the couples who currently have a large number of Instagram followers known as "Where's My New Office Now" and "Do You Travel ", whose earnings range from $ 500 to $ 9,000 for the photo writes Monitor.

Emily King and Corey Smith, with their Instagram account at "Where's My New Office Now", has about 149,000 followers, the number one ever growing. In their account they usually post photos of their journeys to a van, in which their dog never misses. Although they have not reached the figure of 1 million followers, such characters are highly liked by various successful companies because they show through their pictures that people are like everyone else and convey more emotion to their followers As opposed to famous and well-known characters, who can come across very cure photos.

They have a very strong emotional connection with their followers, says Monroe. They can earn from $ 500 to $ 1,500 for each sponsored photo. Shortly after posting the item from Rachel Monroe to "The New Yorker" in early April, their Instagram account grew by 7,000 followers.

But it was not the only one to increase, because their bank account from February to mid-April has risen by $ 10,000. And such a value accumulated only in three months is much more compared to $ 18,000 that they managed to earn throughout the year 2016.

While the second couple Jack Morris and Laura Bullen, who have about 2.3 million followers from all over the world, earn about $ 9,000 for each sponsored post.

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