It does not matter if one has a few or many followers on Instagram as long as the idea is to convert a hobby into a lucrative business. There are many success stories on how people have used Instagram to their advantage by earning photos, services, products, and blogs.
Instagram was among the most popular social media platforms, with over one billion users in 2021. This platform has been the home of brands, small business owners, bloggers, and influencers. If one is wondering whether the audience segment that spends time on integral is meaning full, then the answer is a clear yes.
In the U.S, Instagram uses the Instagram app consistently among men and women and drops similarly as one age. If one’s audience target segment is below 40, Instagram cannot be ignored.
Earning potential
Revenues from Instagram are dependent on the content creator and the influencer who helps to grow the Instagram followers in both organic and inorganic manner. Some people are satisfied with whatever extra earnings they get from this platform as long as they are popular. Still, this platform is an important place for serious business for others.
Many start-ups are measured by the number of followers on Instagram, especially if they have goods or services to sell. This platform allows a new business to reach out to a large target audience, and converting them to followers means half the battle is already won as sooner or later they do get converted to customers.
It is important to have followers, and quality is as important as quantity. That is why the focus is on the target audience. It is useless if an account has millions of followers when there is no engagement with one’s content.
The most popular niche segments are in the lifestyle, food, fashion, and fitness area, as these sectors are popular among the younger crowd.Relevant factors such as which niche one is active, for example, fashion, lifestyle, food, and fitness, are a few popular hashtags on Instagram.
Instagram Statistics
It is seen that the engagement rates 1.7 % to 8% of the total Instagram followers. An account with less than 1000 followers will have an 8% average engagement rate. Accounts that vary between 1,000 to 10,000 followers have an average 4% rate. In comparison, those accounts with more than 1 million followers have a 1.7 % average engagement rate.
These statistics can help accounts benchmark the “likes” parameters. One can check whether buying Instagram likes helps achieve the benchmark rates. Also, it helps to identify the actual engagements with fake ones.
Another thing is that one must be careful not to have abnormally high likes that are above the industry average. This will give rise to a suspicion that likes are purchased. Skewed likes to comment, and follower ratios expose an account holder. It is recommended that one buy Instagram followers from a legit service provider who will ensure that these fine prints are taken care of, such as SocialWick.
