Instagram Affiliate Marketing: Everything You Need to Know in 2024 - Shopify Nigeria (2024)

Affiliate marketing and Instagram marketing are multibillion-dollar industries. Merge them together, and you have the potential for a lucrative side hustle.

Affiliate marketers on Instagram get paid when their followers purchase a product they’ve recommended on the platform.

Instagram makes an ideal platform for affiliates, not just because nearly half of users shop on the platform. Instagram's content formats—images, videos, and livestreams—allow creators to give shoppers detailed product information.

This guide walks through how to leverage Instagram for affiliate marketing, with seven tips on how to maximize your commission.

What is Instagram affiliate marketing?

Instagram affiliate marketing is a type of marketing where affiliates recommend products and services from brands through Instagram. Affiliates get paid commission when their audience clicks (and buys) using their unique affiliate links.

There are several ways to leverage Instagram and take advantage of the benefits of affiliate marketing. Creators can include affiliate links in stories, share personal discount codes, or direct people to brand websites from their bio.

🌟 Do you want to become an affiliate marketer but have limited funds? Learn how to start an affiliate marketing business with no money.

How to start affiliate marketing on Instagram

  1. Switch to a creator or business account
  2. Choose the right affiliate partners
  3. Build your influence

Before we tackle how to make money on Instagram with affiliate marketing, follow these three steps to prepare your account for affiliate promotion through the creator marketplace.

1. Switch to a creator or business account

To run affiliate marketing on Instagram, you need to turn your Instagram account into a professional account for a creator or business. For a creator account, follow these key steps:

1. Open your Instagram account and tap the hamburger menu.

2. Select Settings and privacy.

3. Tap Accounts type and tools.

4. If you are migrating from a personal account, choose Switch to Professional Account and tap Creator. If you are migrating from a business profile, choose Switch to Creator Account.

5. Choose the category that best describes your affiliate niche.

    Instagram Affiliate Marketing: Everything You Need to Know in 2024 - Shopify Nigeria (1)
    Instagram Affiliate Marketing: Everything You Need to Know in 2024 - Shopify Nigeria (2)

    Instagram creator profiles are designed for bloggers, influencers, and content creators.

    They give access to tools, such as advanced insights, for creators who want to monetize their audience on the platform. You can see your follower growth and audience demographics, and manage and sort multiple inboxes by type of messages and engagement.

    2. Choose the right affiliate partners

    Making money on Instagram with affiliate marketing means finding the brands that pay commission on the types of products you could authentically promote and sell.

    There are two places to start:

    • Affiliate marketing programs: Brands across niches offer opportunities for creators to promote their products in exchange for commission. Popular affiliate programs include Shopify Affiliates and Amazon Associates.
    • Affiliate networks: Platforms like ShareASale, Rakuten Advertising, Awin, and CJ Affiliate aggregate affiliate opportunities and allow marketers to generate custom links, track commission, and receive payouts from one dashboard.

    Reportedly, 80% of brands have affiliate programs. Many are free or inexpensive to join, though some high-ticket affiliate programs are invite-only.

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    3. Build your influence

    The size and engagement of your audience will impact the types of affiliate opportunities you can access as a creator. Instagram influencers with fewer than 10,000 followers may struggle to negotiate bespoke commission agreements with affiliate program owners.

    Tips for building your Instagram influence include:

    Post when your audience is active

    Examine your Instagram analytics to determine the best time to post on Instagram.

    Be consistent

    Help people know what to expect when they first hit the Follow button. Consistently sharing new content gives followers more opportunities to engage, which is a parameter within Instagram’s algorithm.

    Share non-promotional content

    Keep your content credible by posting mostly non-promotional content. Marc Bromhall, founder of the affiliate website Beginner Surf Gear, says, “I adopt the one-in-20 principle, so only 5% of my posts are affiliate posts.”

    Pick a niche

    Your goal is to be known as a trustworthy source of information, news, or entertainment within the industry where you sell affiliate products. Being passionate about your niche helps build authenticity in the eyes of your audience. Use Instagram hashtags associated with your niche so new followers can find your content.

    Related article

    45 Best Affiliate Programs for Marketers and Creators (2024)

    Looking to make money as an affiliate marketer? Here are the commission rates, payout details, and cookie windows of the best affiliate programs.

    6 tips for making more affiliate sales on Instagram

    1. Label affiliate products as paid partnerships
    2. Use your link(s) in bio
    3. Create a discount code Story highlight
    4. Record product demos
    5. Use hashtags to expand your reach
    6. Track performance and adjust

    Once your Instagram affiliate account is set up, there are several strategies you can implement to strengthen your sales numbers.

    1. Label affiliate products as paid partnerships

    The Federal Trade Commission lays out strict guidelines on how marketers must disclose their relationship for endorsem*nts on social media, including for affiliate marketing.

    If using affiliate links, the affiliate-retailer relationship should be clearly stated so readers can assess the review or recommendation. You could say something like, “I get commissions for purchases made through links in this post.”

    Instagram launched a feature designed to help affiliate marketers meet these FTC endorsem*nt requirements: the paid partnerships label. This offers tagging opportunities to share a brand’s content, as shown in this Instagram post from Chantel Mila:

    In this Instagram post created by @joycekittykat, a paid partnership tag indicates that Joyce is working with luxury accessories brand Eric Javits:

    “Don’t obscure the fact that it’s affiliate marketing, since then you come off as spam,” says marketer Lattice Hudson. “Be truthful and fair with your [audience], establishing true relationships through authentic content. They won’t return if all they perceive is a commercial motive.”

    2. Use your links in bio

    Since you can’t add links to organic posts, take advantage of your link-in-bio space. Instagram allows you to include up to five links in your bio.

    If you need more, affiliate marketers can also use a link aggregator like Linkpop to create a landing page containing your affiliate links. This creates one link hub that you can use in your Instagram bio and elsewhere.

    Instagram Affiliate Marketing: Everything You Need to Know in 2024 - Shopify Nigeria (4)

    3. Create a discount code Story highlight

    Did you know that 40% of US consumers look for coupon codes before shopping online? Work that into your affiliate marketing strategy by sharing discount codes with Instagram followers through Instagram Stories.

    The Story format is one of Instagram’s most popular. In a story, you can add affiliate links using the link sticker to drive people toward products, like this example from @lilypeppbles:

    Instagram Affiliate Marketing: Everything You Need to Know in 2024 - Shopify Nigeria (5)

    Stories last only 24 hours, but you can give them a more permanent shelf-life by creating a Story Highlight. Highlights appear underneath your bio on your profile.

    Instagram Affiliate Marketing: Everything You Need to Know in 2024 - Shopify Nigeria (6)

    4. Record product demos

    Affiliate marketing works when Instagram followers know, like, and trust you enough to purchase the products you recommend. Help potential customers do that—without making them exit their Instagram feed in search of answers—by demonstrating how to use the product.

    Accomplish this through:

    • Instagram Stories. This feature allows you to post vlog-style videos.
    • Instagram Reels. Use Instagram Reels for short, TikTok-style videos.
    • Instagram Live. Leverage Instagram Live to streaming product tutorials.

    “The best Instagram affiliate content is typically in the form of recommendations and real life product applications, not sales pitches,” says Hector Ruiz, founder of affiliate website BBQ Grill Academy.”

    For example, in this Instagram video by @samiorenelda, the creator indicates she is partnering with Adobe to create a demo video for one of its products:

    5. Use hashtags to expand your reach

    To build an affiliate marketing business that generates passive income, you need to build a sustainable stream of new Instagram followers. More eyes on your content decreases the risk of audience fatigue—when people grow bored of seeing the same content repetitively.

    Hashtags help you engage and expand your audience. Instagram users can follow hashtags inside the app—meaning your content could appear in their feed, even if they don’t follow your account.

    To find Instagram hashtags, start with competitor research. Brands, bloggers, and publishers often use hashtags to expand their own reach. Look at the captions and first comment of Instagram posts shared by them for ideas.

    Before adding a hashtag, double check that it’s not prohibited by Instagram’s policies and guidelines. Some hashtags like #adulting, #beautyblogger, and #pushups are associated with spam content due to frequent misuse. Using them in your affiliate content could result in your content being deprioritized.

    6. Track performance and adjust

    Tracking affiliate performance is an important way to assess what marketing strategies are working with your audience.

    Both affiliates and brands can collect and analyze this data through affiliate marketing dashboards, which may capture key metrics such as conversion rate for promoted affiliate items, affiliate link clicks, and average order value (AOV).

    Additional key performance indicators (KPIs) include:

    • Profile activity. If you’re pointing followers toward a link roundup, check how many people click the link from your bio.
    • Engagement rate. Evaluate this by affiliate product offering, type of content, and format. If tutorial-based Instagram Stories have a higher engagement rate than standard grid posts, prioritize them going forward.
    • Followers. Knowing whether your Instagram followers are decreasing or growing, and whether growth (or decline) correlates with certain campaigns, can help determine which strategies are most effective.

    Gathering this type of insight can make it easier to adjust your approach as to how to best use Instagram to drive sales.

    Start your Instagram affiliate marketing journey

    Instagram is constantly evolving its platform to be more creator-friendly. That’s great news for affiliate marketers using the social media network as a tool to generate extra income.

    Start your Instagram affiliate marketing journey by switching to a creator account, securing affiliate partners, and building your influence. Only then can you begin promoting affiliate products in a way that encourages followers to buy.

    Instagram affiliate marketing FAQ

    How can I do affiliate marketing on Instagram?

    Get started with Instagram affiliate marketing by switching to a creator account. Build your influence by attracting new followers, then promote products you earn commission on via Stories, Reels, and grid posts.

    How do I start affiliate marketing as a beginner?

    Affiliate networks have the lowest barrier to entry for beginner affiliate marketers. Join an affiliate network like ShareASale and start promoting your partners’ products through the Instagram app.

    How many followers do you need to do Instagram affiliate marketing?

    When sharing affiliate products on Instagram, the quality of followers is more important than the quantity. If your audience is niche and very engaged, you could begin earning passive income through Instagram with less than 1,000 followers.

    How do affiliate marketers make money on Instagram?

    Instagrammers monetize their profile by sharing affiliate content. When someone purchases the product through their affiliate link, a commission is earned. The percentage varies by brand.

    Instagram Affiliate Marketing: Everything You Need to Know in 2024 - Shopify Nigeria (2024)

    FAQs

    Is Shopify affiliate marketing available in Nigeria? ›

    Can I become a Shopify Affiliate in any country? Yes.

    Is affiliate marketing worth it in Nigeria? ›

    You will get paid for selling something that you like. This means that you can make money just by making your audience happy. Interestingly, most affiliate marketers in Nigeria make a lot of money. They earn a decent amount of money by using the affiliate marketing business model.

    Are Nigerians allowed to sell on Shopify? ›

    Can I sell globally with a Shopify store based in Nigeria? Absolutely. Shopify's platform transcends geographical boundaries, granting Nigerian stores the capability to sell to a worldwide audience while managing all operations from their local base.

    How much does it cost to learn affiliate marketing in Nigeria? ›

    You don't actually need money to start affiliate marketing in Nigeria. However. There are skills that are absolutely essential to performing at a high level. These are digital marketing skills such as SEO, copywriting, running ads, funnel creation and closing to name a few.

    How much money do you need to start affiliate marketing? ›

    In general, there is no fixed amount of money required to be a successful affiliate marketer. You should set out a monthly budget for paid traffic and additional tools to help you progress from a beginner to an intermediate affiliate.

    How many followers do you need to make money from affiliate marketing? ›

    How many followers do you need to do Instagram affiliate marketing? When sharing affiliate products on Instagram, the quality of followers is more important than the quantity. If your audience is niche and very engaged, you could begin earning passive income through Instagram with less than 1,000 followers.

    Who is the top female affiliate marketer in Nigeria? ›

    Joy Agbim is a top female affiliate in Nigeria, with impressive earnings of over $128,571+ in just 18 months. She has successfully mentored over 2000 students in affiliate marketing.

    Which affiliate program pays daily? ›

    CPAlead. CPAlead is an affiliate network that focuses on cost-per-action (CPA) offers. They have a daily payment system in place, allowing affiliates to receive their earnings quickly.

    Does Shopify work in Nigeria? ›

    In conclusion, Shopify does indeed work in Nigeria, providing a powerful platform for Nigerian entrepreneurs to launch and grow their online stores. With its range of features, ease of use, and global reach, Shopify is a valuable asset for any Nigerian business venturing into e-commerce.

    Is affiliate marketing legal in Nigeria? ›

    Yes, affiliate marketing is legal in Nigeria. It is a legitimate business model where affiliates promote products or services and earn commissions for successful referrals.

    How much is Shopify subscription in Nigeria? ›

    Basic Shopify Plan – NGN 48,000 Per Month

    The Basic Shopify Plan is a great starting point for your online business journey. Priced at $32 per month which is equivalent to NGN 48,000, it's affordable and gives you the tools you need to sell things online and in-person.

    How popular is Shopify in Nigeria? ›

    Shopify Growth in Nigeria

    Shopify's worldwide quarter-over-quarter growth has been quite impressive over the last few years, and that trend is visible within most countries. Shopify stores in Nigeria increased 8.8% quarter-over-quarter in 2024 Q2. Shopify stores in Nigeria increased 43% year-over-year in 2024 Q2.

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