Currently, the only way for Instagram users to make money through the platform is to find sponsors themselves. This means that those who are not actively seeking sponsors will get no money at all.
Compared to other platforms like YouTube, creators can place ads and make money from it.
However, according to reports from Sensor Tower and Apptopia, Instagram is reportedly preparing to launch a new feature for creators called 'Instagram Subscriptions' or 'Instagram Subscriptions'.
With this feature, followers can pay creators by subscribing to their content. The subscription fee starts from USD 0.99 to USD 4.99 per month.
In addition, Instagram has also created an 'Instagram Badges' feature, a virtual item that allows users or followers to buy it as a form of support for creators when doing live broadcasts.
Currently, there is no word on when this new feature will be launched. But what is clear, this could be a feature that creators look forward to being able to monetize the content they create.
Also, it is likely that Instagram will earn commission fees from these purchases and subscriptions. So, this is another way for the platform to generate more revenue.
