Home Platforms Instagram Wants More Commerce On Its Platform, Adds Three Shopping-Related Features

Instagram Wants More Commerce On Its Platform, Adds Three Shopping-Related Features

SHARE:

Instagram is shopping for its share of holiday dollars.

On Thursday, Facebook’s much-cooler sibling added three new features designed to help people browse, discover and save items more easily.

A lot must happen before someone buys, and while shopping can be a by-product of spending time on Instagram, people aren’t there to fill their cart and check out.

Rather than actually transacting, most people on Instagram are window shopping and using the platform to explore their interests. The idea here is for Instagram to help brands get more information out about their products in a storytelling-like way without being too disruptive to the user experience, an Instagram spokesperson said.

With the new features, Instagram users can save items to shopping collections by tapping a product tag icon within Stories or feed, and they can tap tags within feed videos to learn more about the products featured within them. Instagram says that more than 90 million users tap on shopping tags within its platform every month.

Instagram is also testing a function that gives users the ability to tap into a brand’s business profile and see all of the products it has on offer in one place, including prices.

Although these additions are incremental, they build on other recent shopping-related rollouts on the platform.

In September, Instagram enabled shoppable stickers within Stories – which users can tap to learn more about a product – and it started testing a dedicated, personalized shopping channel within the Explore tab to make it easier to follow and discover brands.

But Instagram also does want users to transact or at least take some action. Last spring, Instagram began testing direct response ads within Stories.

“We’ve seen success for clients with Stories, whether that’s driving upper-funnel campaigns for things like awareness, as well as for direct response and ecommerce clients,” said Amy Darwish, US director of media operations at Omnicom-owned Resolution Media.

Stories represent a major pillar of Facebook’s new monetization strategy across its family of apps, as Facebook transitions away from reliance on the news feed as a main revenue driver.

Instagram Stories is at 400 million daily active users. Instagram claims that one-third of the most viewed Stories on the platform are posted by businesses.

Must Read

Why Media Mergers And Spin-Offs Don’t Always Keep Their Promises

With media megamergers, acquisitions and spin-offs left and right, the media landscape is changing at a pace that is difficult to keep up with.

TransUnion is partnering with Blockgraph so that advertisers can use its identity data to target, reach and measure TV households across channels.

How This Disaster Relief Nonprofit Tapped First-Party Data To Reach Donors Year-Round

Staying top of mind for potential donors is an ongoing challenge for Direct Relief. Nexxen’s audience curation helped it spread and sustain awareness.

Why Major UK Publishers Are Finally Joining Forces To Curate Ad Inventory

Atria’s collective approach is a response to growing monetization challenges and the need to protect the value of human journalism in the AI era.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Toronto Canada pride parade includes a crowd waving pride flags

Ad Performance And Politics Steered Brand Dollars Away From LGBTQ+ Communities – But The Pendulum Will Swing Back

The current administration has discouraged many marketers and organizations from showing support for the LGBTQ+ community, including during Pride month.

How AI Can Enhance Content Without Generating It

As much as consumers complain about AI-generated content, advertising experts say AI still has an important place in video creation and production, including for ads. But using AI in content without turning off consumers is a tricky dance.

How Tovala Banks On Subscriptions And Incrementality – But Not Ads – To Profit From Its Oven

Smart TVs, refrigerators and other home appliances may pester you with marketing, but at least the hardware is cheap. Another startup taking a different approach to the same theory is Tovala, which was founded in 2015 and combines a standalone countertop oven with a weekly meal kit subscription.