Instagram’s advertiser base has doubled again.
Some of that growth can be attributed to the simple fact that a lot of people use Instagram — 400 million every day, as of January. But James Quarles, who leads Instagram’s ad business, said the platform stands out in a few key ways, beyond just attracting a lot of eyeballs.
First, he said Instagram is a place where people follow their passions, whether that’s “a very mainstream thing like following their favorite musician, or a niche business like candy art.” One sign that that’s paid off for companies with a presence on Instagram: 80 percent users follow a business.
Second, there’s the “ease and simplicity” of using Instagram. For example, Quarles said, “It takes only four taps to place an ad on a business profile.”
Quarles didn’t just use our call to boast about Instagram’s continued growth. He also talked about new features that the service will be adding for advertisers. For one thing, he said it will be adding insights data around multi-image posts and Instagram Stories.
In addition, businesses will soon be able to add a button to their profiles that allows users to make a booking or appointment directly through Instagram. This enables Instagram to become more of “a primary storefront for the businesses,” Quarles said, while making it easier for consumers to engage with businesses “just by swiping your finger.”