The new release of Instagram’s reel feature has taken the internet by storm. It has become the favourite feature of millions right after its launch and for the right reasons. You must have heard about reel monetization, and wondered if that’s true! If you are also amongst those who want to be part of this, get to know how to get paid on Instagram reels.
You can earn money from Instagram reels, and this is not just restricted to celebrities. You can also have a piece of this sweet dish if you are tech-savvy. It is a reward bonus that the Instagram app gives to the content creators.
The platform has announced offering bonuses for any user eligible for creating engaging reels and posting them. This might sound like your dream job, so what are you waiting for? Just follow some simple steps and learn how to earn money from Instagram.
Keep reading to learn some crazy ways of becoming a sensational Instagram star and earning money from Instagram reels.
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How To Get Paid On Instagram Reels? Know The Easy Hacks
Instagram now pays thousands of dollars to users with the eligibility criteria for creating reels. You can be one of those who can eat a million-dollar pie just by knowing how to earn money from Instagram. Let’s check out the steps involved in making you a part of the content creators’ millionaire team.
Step 1: Meet The Eligibility Criteria For Reel Monetization Program
Before you start dreaming of becoming a multi-millionaire, here is a bubble burst for you to be eligible for the reel monetization program. The program is in its early phase and is invite-based. There is no way to apply for it directly.
However, you need to fulfil a few pre-requisites to become eligible for it. These are:
- You should have a business or be a content creator account.
- You should be able to meet Instagram’s monetization policies.
- Your number of followers should be under one million.
You will become eligible for the program once your Instagram account is following all these prerequisites. Further, you will receive a notification stating that you are qualified to join the reel monetization program and can earn money from Instagram reels.
Step 2: Activate The Bonus Program In Your Profile
The eligibility qualification comes with an expiry date. Hence, you should activate the bonus program as soon as you become eligible. Check the under-mentioned steps to take your first step towards knowing how to get paid on Instagram.
- Open the Professional dashboard on your Instagram account.
- Scroll down your screen to the Bonuses section and click on Get Started.
- Go through the Terms And Conditions carefully. Once you are welcomed with the Conditions, hit the Accept button.
- In the next step, select your country name and state whether you are a business owner or an individual.
- If you are a business owner, you must enter your tax information in the next step.
- Select your comfortable payout method and click on Activate Bonus. And you are ready to go!
Step 3: Meet Your Main Goal
Now comes the real challenge! Instagram will start giving you goals you must complete within the stipulated period. You have 30 days to complete the task when you activate your bonus program and become eligible for the payout. This has become a challenging part of earning money from Instagram reels.
Here are some tips to remember if you wish to increase the chances of getting a good payout from Instagram.
- Before you post your recorded reel, choose Reels Play Bonus.
- Do not delete whatever reel you post; it is part of the challenge. If you do so, you will no longer be a part of it.
- Make sure you abide by the Terms And Conditions as upon any three instances of violations of the conditions, you will be removed as an eligible candidate.
- Eventually, it will become a step back for you to know how to earn money from Instagram.
Final Words
Instagram can be a lucrative source to earn money for people who can create valuable content for the viewers. If you also want to know how to get paid on Instagram, thoroughly review this guide and follow the steps. Within no time, you shall reach your destination.
Also, you must follow the protocols of reel monetization for reaching and managing your goals. Share this with your friends who have the potential to earn money from Instagram reels.
1. How can I claim money from Instagram?
You can claim money from Instagram by setting up payouts to receive your earnings.Â
2. Does Instagram pay for views on the content?
No, Instagram does not pay the creators for the views they get on their content.Â
3. How many followers do you need to be a part of Reel Monetization?
You can be eligible for multiple monetization options once you cross the 1,000 followers list.Â
4. Does Instagram pay for 100 followers?
Yes, it is possible to earn money from IG just by having 100 followers.Â