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Home Social Media

How having many followers on Instagram can help you get a loan

by Wilfred Shah
in Social Media
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Running a business has become a challenge these days. Without funds, things get difficult and you might even get discouraged.

But in 2021, your social image in front of investors can indeed change the whole game. People who are running a successful Instagram page have benefited a lot from the same. They actually got loans, which helped them in moving ahead with their business plans, without any hassle.

From here, the main point of the discussion will be the kind of building social proof on Instagram one would require to convince a banker or investor. And how the magnitude of a strong audience, equals having many followers on social media, can help you reach your goal.

How will you impress the investor?

There are several ways in which you can do so.

  • To get your loan passed, you will have to work hard on a great business plan. An online or offline business plan that yields a lot of profit in the future, is surely going to attract the investor’s eye.

That is also the reason why sustainable business plans are considered lucrative. Moving ahead, how you can run that business or its campaign socially well on Instagram is also a thing. So, you need to have a proper plan and every aspect of the plan should be clear, such as the investment, returns, etc.

If you are following this point already, then it is likely that you will succeed as you are on the right track.

  • Secondly, you will have to focus a lot more on content creation. It is a known fact that while you are working on your table, think not just about the present, but also about the future.

Creating credibility through that content will be very important, as even in the years that come, you will be known for the same. That is why it is also advised that you create that helps people tomorrow also. And the good news is that it is not that difficult.

Almost every sector has some trick that almost every person present in it, should know. So, make the most of such win-win situations, so that when a banker is looking at your profile, he feels confident. If your Instagram profile has content that will last for years and help you grow exponentially, then it is sure that your loan will be passed.

That is about the social media image that you would need for winning a loan. When we talk about the increase in the number of Instagram likes and followers and its magnitude, then it is quite subjective. Like, even 10 thousand followers for a low-key niche that’s performing very well, might do the trick.

Whereas, even 30 thousand Instagram followers might not be up to the work in a niche, where there is already a lot of competition.

Paid image

It makes sense because people sometimes buy Instagram followers and grow that way. And due to that, it is even more difficult to guess who has really worked hard and who hasn’t.

Often, users move out to buy Instagram followers but they don’t pay attention to the seller’s status. And that’s how they are tricked. The seller delivers fake stuff which is not at all good for anybody’s profile.

Therefore, building social proof has become tough and even for the person who is analyzing a profile, it has become a complex procedure.

But yeah, as we were discussing, the number of followers varies from person to person and in the end, your content, branding techniques, advertising, and other campaigns matter the most. All of these factors let you organically grow your followers step by step. That is what the competition is about.

Although, yes, a good lot of followers are necessary to attract more people and increase your engagement. Therefore, even if you choose to buy Instagram followers, you might succeed. But then make sure that you are using the services of a reliable provider. That way, the deliverables would be futureproofed, and there will be no harm to your Instagram page.

In sum

That is the case. Funding is important for every business, whether small or big as, without that, a business might just turn out to be a failure. The latest technologies, costly ad campaigns, and hiring experts require funds. And that’s why a loan is a good option for those who are looking forward to scale up their idea, business or company.

Having highly developed profile on the biggest platforms such as Instagram, can make that possible!

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Wilfred Shah

Wilfred Shah

Senior Editor

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