'Make an Offer' on Amazon; earn cash on Instagram

Just in time for your holiday shopping, Amazon has announced a brand new feature today. It now let's you negotiate for even lower prices on certain items!

This new Amazon feature is called Make an Offer.

Right now more than 150,000 items are eligible for you to Make an Offer in the Sports and Entertainment Collectibles, Collectible Coins, and Fine Art categories.

Amazon says the new feature will expand to hundreds of thousands of items from sellers in 2015.

Make an Offer is not an auction. All negotiations are one-on-one and private - just between individual customers and sellers.

When you select a Make an Offer item, you can submit a price of your choosing. The seller can then accept, reject, or counter your offer... and you can continue negotiating through email.

When a seller accepts your offer, you can then place the item in your cart at the agreed upon new price.

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Instagram users are raking in hundreds, even thousands of dollars, and you can, too!

Search #Instashop, #Shopmycloset, or #Instasale - and you'll find over 5 million posts selling everything from designer shoes and bags to vintage couture.

Bethany Stutsman turned her Instagram treasure chest into a full time business - making up to $5,000 a month.

She buys items from thrift stores and resells them on Instagram. But many others make money selling stuff they just don't want anymore.

Just post a photo of something you want to sell with a hashtag like #Instasale, then others can like and comment on the item - letting you know they want it.

The transactions are usually made through services like Paypal.