Pet owners these days love posting pictures of their furry little animals on Instagram and it is not just because they love them or because they look all cute and adorable. Well, they do this simply because their pets are also helping them monetize a huge amount of cash.
The Next Shark website has exposed this activity to their readers, as they wrote that sometimes, pets even earn more money than their owners. One of the famous Instagram pets is Chloe, a mini French bulldog who has about 118,000 followers. Among the leading pets on this social networking site is Biddy, a hedgehog and he has over half a million followers!
So how exactly do these animals make money? It is pretty simple when they are asked to represent a company's brand. Most of these pets get a lot of endorsement offers from famous brands. But it is not only through that way that these pets can earn money as they do it too by appearing on TV shows and other events that also usually pay a lot. In fact, most of them even get tons of freebies from sponsors whenever they are asked to appear on shows.
Owners of these famous and money-making pets don't really say how much their pets are making, but Instagram experts have an idea about the exact figures. In an article published by Quartz, they said that pets whose Instagram accounts have a minimum of 100,000 followers earn about $2,000 per uploaded picture.
Pet owners and company owners alike are getting on board in this business. For those who don't know yet, the pet industry in the U.S. is actually a multi-billion dollar account that it gains $60 billion annually in sales. It is not surprising that simply posting a picture of an animal on Instagram could now open doors for some lucrative income.
And if you want to be one of these pet owners, better post a cute picture of your pet and share it via social media. Who knows, your pet could be the next one?
