How much should I charge for engagement on Instagram?

How much should I charge for engagement on Instagram?

The Basics for How Much to Charge for a Sponsored Instagram Post. When deciding how much to charge for a sponsored Instagram post, ALWAYS start with this simple formula: Charge $10 for every THOUSAND followers you have. In other words, charge 1% per thousand followers.

How much does 1000 impressions cost on Instagram?

On average, Instagram advertising costs between $0.20 to $6.70, depending on the bidding model. For CPC or cost-per-click, advertisers pay $0.20 to $2 per click. For CPM, or cost-per-impressions, advertisers pay $6.70 per 1000 impressions.

How much does it cost to advertise on Instagram?

Typically companies on average pay, $0.50 to $1 per click. In highly competitive industries, for example, apparel, you’ll pay more. The cost of Instagram ads may go up to $3.00 per click….Instagram Ads compared to Facebook Ads.

What is a good Instagram conversion rate?

Additionally, posts on Instagram tend to have a conversion rate of 1.85 percent, second to Facebook’s conversion rate of 1.08 percent. However, Instagram exceeds Twitter where the conversion rate is 0.77 percent and Pinterest at 0.54 percent. Consider the following tips to ensure you can meet or beat the average.

How much do 10k followers cost?

10,000 followers will cost you $899.

Should I pay for promotion on Instagram?

So, we’ve come to our core question, “Is it worthwhile to promote a post on Instagram?” Sure, a promoted post is definitely a step up from a non-promoted one. It can increase your brand awareness, boost vanity metrics (thus providing some good social proof), and help you to direct traffic where you want it to go.

What is a good budget for Instagram ads?

Ads charged for clicks, likes, video views or post engagement need a daily minimum budget of at least $5 a day. The daily minimum budget for low-frequency events, such as offer claims or app installs, need to be at least $40 a day.