Today we are here to explain how to make money with Instagram Reels. In part because it enables creators to receive payment for their videos, Instagram Reels is a strong competitor to TikTok. It has been amusing to watch other social media applications attempt to emulate TikTok’s popularity since the app first gained notoriety over the last couple of years. Instagram now offers Instagram Reels, YouTube introduced YouTube Shorts, and Snapchat introduced Snapchat Spotlight.
One of the most complete alternatives to TikTok is Instagram Reels. It’s conveniently located in the Instagram main app, seeing new videos is as simple as it is on TikTok, and you can easily make your own Instagram Reels by pressing a single button. What’s best? For the videos they upload, some Reels makers on Instagram receive payment.
In 2022, receiving payment for video content is nothing new. TikTok has its own payment system, Twitch allows you to be paid for live streaming, and YouTube has long allowed users to make money from their videos. Although it might not be obvious at first, you can be compensated for videos that you publish to Instagram Reels. Getting paid on Instagram Reels is simpler than you may think, and there are two main payment systems for Reels material, depending on whether you’re eligible for both or just one. Now let’s explain how to make money with Instagram Reels below.
How to make money with Instagram Reels?
Reels Play Bonuses are the first (and most popular) way to be compensated on Instagram Reels. With Play Bonuses, you can receive payment straight from Instagram when your Reels videos reach a predetermined amount of viewers within a predetermined time frame. To meet Instagram’s predetermined view goal and finish the Play Bonus, you have 30 days.
Two restrictions apply to receiving Play Bonuses. To begin with, you must have received at least 1,000 Reels views in the last 30 days. Second, you are only eligible to get the Play Bonuses if Instagram personally invites you to sign up for the program. If you’ve been chosen to participate, a pop-up will appear in the Instagram app. You will need to wait for your invite if you have a sufficient number of views but have not yet received an invitation to the Play Bonus program.
How much money can you anticipate receiving from Reels Play Bonuses on Instagram? Depending on the Play Bonus you received, that changes greatly. Some Reels users claimed to have received $1,200 for hitting 1 million views in November 2021, and up to $35,000 for obtaining 58 million views. However, Instagram has changed its requirements as of April 2022, requiring 11 million views for $1,200 and 359 million views for the enormous $35,000 payout.
Finally, users of Instagram Reels with greater followings have the potential to make even more. Some users can be qualified to have advertisements displayed over their Reels videos in addition to receiving greater Play Bonuses. You need at least 10,000 followers, five (or more) Reels videos, and 600,000 minutes of viewing in the previous 60 days to qualify for advertising. These are the only ways you can get paid using Instagram Reels, regardless of whether you can or don’t wish to run advertisements on your films.
How to earn money with Instagram Reels Play bonuses?
Now you’ve understood the main concept. Let’s explain how to make money with Instagram Reels in detail. All you have to do to share Reels on Facebook and Instagram is have a business or creative account (and access to the application). Reels that receive at least 1,000 views during a 30-day period on Instagram will be compensated. If you don’t know how to create an Instagram business account, check out our detailed guide to proceed!
How do Reels Play bonuses work?
The procedure can be explained with the following steps:
- You will have 30 days to begin playing after the Reels Play bonus becomes available on your account.
- After you begin, you have 30 days to earn the bonus.
- You can choose as many Instagram Reels as you’d like to count toward your bonus payment within the 30-day timeframe.
- Select “Reels Play Bonus” on the Bonuses page before sharing your Reel to choose a Reel for the bonus program.
Based on how well your Reels perform, you will be paid, and your Performance Report will show you how close you are to receiving your bonus. Even if you aren’t yet eligible, now is a wonderful time to start building Reels because the Reels Play bonus program is just getting started. In this manner, you’ll be ready to make a fortune once you have access.
This way you’ve learned how to make money with Instagram Reels. Today, NFTs are another way to make money online. Did you know that Instagram NFT integration is enabled in more than 100 countries?