Instagram says extending its advertising offering to more brands, as well as launching action-oriented formats, are big steps forward in helping advertisers better target consumers.
The social media site announced this week that it is opening up advertising to all businesses following 18 months of strong results with pilot partners. To do this, the company said it will offer action-oriented formats, enable more targeting capabilities, and streamline the way businesses buy ads.
Instagram pointed to Nielsen Brand Effect measurements across 475 campaigns on its platform globally, which found ad recall of the sponsored posts was 2.9 time higher than the average for online advertising.
In a blog post, Instagram said it will now evolve ad formats to serve a range of goals advertisers are looking to meet, from awareness and message association to website visits and offline sales.
“This will not only help advertisers, but the community as well, as people will be able to learn about a product or service and then take action directly from an ad to sign up on a website, buy a product, or download an app,” the company stated.
Later on this year, Instagram will also expand ad targeting options, working in partnership with
Facebook and leveraging its infrastructure for managing and measuring ads to better reach consumers
based on their demographics, interests and behavioural insights.
It’s also planning to make advertising available through Instagram Ads API and Facebook ad buying interfaces in coming months. The first step will be opening the Instagram Ads API to select Facebook marketing partners and agencies, before expanding access globally later this year. More than 2 million advertisers are currently using Facebook.
At the same time, Instagram said it is improving feedback within the platform to better enable users to control and improve the relevancy of ads they see.
Just last week, Instagram officially rolled out its carousel advertising to Australian brands, allowing advertisers to include multiple images within one post, as well as link directly to their websites. The first brands locally to sign up include Destination NSW, Kathmandu and crown Resorts.
Instagram first announced its intention to bring ads to the platform in late 2013, rolling out a proposed look and feel with the first wave of advertisers, which included Adidas, Lexus, Levi’s and Burberry.
Follow CMO on Twitter: @CMOAustralia, take part in the CMO Australia conversation on LinkedIn: CMO Australia, join us on Facebook: https://www.facebook.com/CMOAustralia, or check us out on Google+: google.com/+CmoAu
Nice blog!Blog is really informative , valuable.keep updating us with such amazing blogs.influencer agency in Melbourne
Rajat Kumar
Why flipping Status Quo Bias is the key to B2B marketing success
good this information are very helpful for millions of peoples customer loyalty Consultant is an important part of every business.
Tom Devid
Report: 4 ways to generate customer loyalty
Great post, thanks for sharing such a informative content.
CodeWare Limited
APAC software company brings on first VP of growth
This article highlights Gartner’s latest digital experience platforms report and how they are influencing content operations ecosystems. ...
vikram Roy
Gartner 2022 Digital Experience Platforms reveals leading vendor players
What about this one FormDesigner.pro? I think it's a great platform providing a lot of options, you can collect different data and work w...
Salvador Lopez
Gartner highlights four content marketing platform players as leaders