Instagram Reels brings a new way of creating and sharing content on the platform, boosting your page's visibility and popularity.
Thus, it's a critical element of creating a successful page that attracts advertisers and sponsors, so there is more money to make for Instagram influencers, big or small. You can earn a couple of hundred dollars to tens of thousands, depending on the quality of content and the number of views, likes, and followers you have.
Since Reels is a relatively new feature, Instagram makes sure it's being used by more and more people by making the algorithm recommend it much more often. Therefore, creating content through this feature is now one of the main ways of gaining followers to attract deals, popularize your business or brand, or gain traction in an increasingly competitive online platform.
That being said, there are several ways of monetizing your Reels content, each with its own conditions and profitability. For one, having more than a couple thousand followers can already attract some brands to pay you for sponsored content. You can charge about 100-300$ per post, depending on your popularity and the competitiveness in a specific niche.
Alternatively, you can also think of Instagram Reels as an essential tool for investing in your Instagram page for the future, making it more profitable in the long run instead of "selling out" too soon for less. To this end, you can invest in likes and views for Reels, starting at $3 for 100 real and active users, through https://famoid.com/instagram-reels//.
Last but not least, you can promote your personal business or brand through your page, which will indirectly lead to better sales of your product/service/performance. Also, consider reading about Reels Play, a new program by Instagram that pays you based on the number and popularity of the Reels you produce.