The meteoric growth of Instagram's active user base (according to GlobalWebIndex, the number of active Instagram users rose 23% from Q2 to Q4 in 2013) has singled out the platform for its potential marketing applications. With the launch of web-based profiles and media feeds, Instagram has grown more attractive to marketers. With increased levels of engagement from photos, Instagram arguably offers a platform capable of beautifully combining firm-generated content and user-generated content. Improved management and metrics tools further fuel the fast adoption rate of Instagram in marketing campaigns.
IKEA Russia has recently launched an Insta-Catalogue - a successful mix of in-house and user generated content. Applying cross links for products results in microsites for individual pieces.
With improved management and measurement features available, I would imagine many more retailers will soon harness the power of the Instagram platform.
Sources:
http://www.smartinsights.com/social-media-marketing/social-media-strategy/new-global-social-media-research/
http://oursocialtimes.com/how-to-use-instagram-for-marketing-and-measure-the-results/
http://www.digitalbuzzblog.com/ikea-the-instagram-catalogue-website/
http://instagram.com/ikea_ps_2014
http://www.digitalbuzzblog.com/topshop-real-time-catwalk-customisation/
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