Instagram hits 500,000 advertisers

According to the press release, in just six months, the number of advertisers has more than doubled. And that includes a variety of businesses from around the world. In fact, the top five countries seeing advertiser adoption are the US, Brazil, UK, Australia and Canada

e4m by exchange4media Staff
Published: Sep 24, 2016 8:31 AM  | 5 min read
Instagram hits 500,000 advertisers

Instagram has announced that over 500,000 advertisers are growing their businesses on the platform.

 According to the press release, in just six months, the number of advertisers has more than doubled.  And that includes a variety of businesses from around the world. In fact, the top five countries seeing advertiser adoption are the US, Brazil, UK, Australia and Canada. 

Turning Passions into Purchase

Instagram is a place where people turn their passions into purchase. With companies from varying industries on the platform, 50 per cent of Instagrammers follow a business. More than just following businesses, 60 per cent of people say they learn about a product or service on Instagram. 

Love Your Melon is a small apparel business that donates a sizable percentage of its net proceeds to fight pediatric cancer. To spread the word of its mission and maximize charitable contributions, the company uses Instagram  to target caregivers and a Custom Audience based on website visitors, past customers and people on its mailing list.

Brian Keller, Co-Founder and Chief Operating Officer at Love Your Melon said, “When we started our business, we put our idea on Instagram and Facebook. Three-and-a-half years later, we use our Instagram account to connect with people around the country who have joined our mission to fight pediatric cancer. Without Instagram, we wouldn’t be able to make the same difference in the lives of children battling cancer.”

Inspiration that Sparks Action

By marketing to passions, businesses are turning that inspiration into action. In fact, 75 per cent of Instagrammers take action after being inspired by a post, like visiting a website, searching, shopping or telling a friend. Since ads launched last September, there have been 1 billion actions taken on Instagram ads. In fact, 70 per cent of performance campaigns generated statistically significant lifts for online conversion or mobile app installs. After evolving the link ad format in June, performance on those ads increased more than 45 per cent. And the value of ads extends beyond mobile, contributing to a 2 per cent lift in offline sales.

Quickly-growing handbag brand, Dagne Dover, worked with its ad agency partner Mason Interactive to increase sales. The NYC-based business paired strong imagery with the Shop Now call to action button to reach students, mothers, professionals and women interested in fashion and travel. By honing in on this specific target audience, the campaign doubled its traffic and increased its return on ad spend 13X over a two-month period.

Melissa Mash, CEO at Dagne Dover said, “Dagne Dover was initially created for the tech-savvy, on-the-go millennial looking to streamline her life and discover new brands she doesn’t see at her everyday department store. Reaching out to these women on Instagram is a natural and exciting fit. The interiors of our bags are a large part of what sets us apart from other handbag brands, and our stylized aerial shots convey why someone needs our bag more than words ever could.”

New Tools Just for Businesses

With the help of the new Instagram Business Tools, it’s never been easier for businesses to find new customers and make meaningful connections with people who care about their businesses. In the two months following its launch, more than 1.5 million businesses converted to a business profile. For the first time on the platform, businesses had an easier way to connect with customers through business profiles, learn what resonates with their audience through insights, and promote a post from within the app. 

Grabble is a UK-based shopping app with a curated selection of fashion and beauty products ready to buy in just one tap. The fashion-forward company attributes Instagram Business Tools as having immediate impact on its marketing strategy. Jack Rogers, Grabble’s Head of Marketing said, "With a business profile, it’s a smoother process for customers to get in touch—everything is in one place so they don’t have to go elsewhere to look up our details.”

 In addition to making it easier to connect with customers, Grabble has used the insights to hone its target audience. "We’d always thought the majority of our audience was female, so we’ve tended to post female-focussed content. However, the insights in Instagram Business Tools have shown us 21% of our followers are in fact male," says Jack. Finally, the UK-based brand uses Instagram advertising to reach new customers, drive downloads of their app and ultimately increase their sales. “By using Instagram’s range of ad formats to showcase handpicked looks, we’ve managed to gain 23 per cent more users month over month and a 3X increase in sales within certain categories,” says Jack.

Sources:

ComScore, January 2016; †Instagram user survey, November 2015; 

Instagram Internal Research May 2016;

 Instagram Internal Research two months: May – July 2016;

 Instagram drove a median 1.8% lift in in-store sales and a 2.1% lift in household penetration, across 12 US CPG campaigns measured for potential sales impact by Oracle Data Cloud.

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E4M Our strategy is to target younger audiences through Sports: Rajiv Dubey, Dabur

The Head of Media at Dabur India spoke exclusively to exchange4media on the World Cup, associating with Indian Idol, the company’s digital spending and much more

e4m by e4m Staff
Published: Oct 27, 2023 6:15 PM  | 1 min read
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With quirky campaigns, memes and moment marketing, timed with the ongoing World Cup and particularly the India-Pakistan matches, Dabur India has got considerable consumer attention for its popular brands – Red Paste, Cool King Hair Oil, Chyawanprash, Dabur Vita and the recently launched Bae Fresh Gel toothpaste.

The 140-year-old company is going big on key sporting events, World Television Premiere (WTP) movies and reality shows. It is now gearing up to become the title sponsor of popular talent show ‘Indian Idol’ on Sony TV for the first time, shared Rajiv Dubey, who leads the media strategy at Dabur.

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Swapan Seth's new book 'COOL' is out

The book is a reflection of the author's 'eclectic taste across categories'

e4m by e4m Staff
Published: Oct 27, 2023 6:07 PM  | 1 min read
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Advertising professional and art collector Swapan Seth has announced the launch of his new book COOL. The book is described as "a ready reckoner to the hip and the happening, of the known and the very unknown."

The book is a reflection of the author's "eclectic taste across categories: from boltholes to exotic hideaways."

COOL has been published by Simon & Schuster India and is available on Amazon.

Seth is an ad veteran with a long and illustrious career in the industry. He became the youngest-ever Creative Director at Clarion at age 24. He was VP at 26 at Trikaya Grey. Two years later, he started his agency Equus.

He writes for publications such as The Economic Times, Hindustan Times and India Today. This is his second book and he has previously published THIS IS ALL I HAVE TO SAY.

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Disney Star signs 9 sponsors for Asia Cup PAK

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up come on board

e4m by exchange4media Staff
Published: Aug 26, 2023 11:48 AM  | 1 min read
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e4m Staff Disney Star has signed nine broadcast and digital streaming sponsors for the upcoming Asia Cup.

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up have come on board for the upcoming tournament.
As reported earlier by exchange4media, Disney Star has sought Rs 26 crore for the co-presenting sponsorship on TV and Rs 30 crore for Disney+ Hotstar.

According to industry sources, the associate sponsorship on Star Sports has been priced at Rs 19.66 crore, whereas for the ‘powered by’ sponsorship on Disney+ Hotstar, the broadcaster is seeking Rs 18 crore.

As per the information available with exchange4media, Disney+ Hotstar has three sponsorship tiers-- co-presenting (Rs 30 crore), powered by (Rs 18 crore) and associate sponsorship (Rs 12 crore). The broadcaster is offering an estimated reach of 120-140 million for co-presenting sponsors, 90-100 million for powered by and 60-70 million for associate sponsorship.

A spot buy for 10 seconds has been priced at Rs 25 lakh for the India vs Pakistan matches, while for the non-India matches, the ad rate for 10 second is Rs 2.3 lakh. The India matches plus the final for ODIs has been priced at Rs 17 lakh per 10 seconds.

Asia Cup is scheduled to be held from 30 August, 2023, to September 17, 2023.

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Sorted 360 wins creative & social media mandate of Reliance Mall

The agency will manage offline and online campaigns for Reliance Mall

e4m by exchange4media Staff
Published: Aug 26, 2023 10:54 AM  | 1 min read
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Sorted 360, an integrated creative and social media agency, has won the mandate to providing brand solutions for Reliance Malls across India.

“Sorted 360 is set to enhance Reliance Malls' market presence with their unparalleled creative prowess and strategic thinking,” read a press release.

“Sorted 360's commitment to pushing the boundaries of creative communication aligns perfectly with Reliance Malls' ethos. With a pan-India presence spanning across 19 cities and growing, Reliance Malls has consistently captivated customers by offering an array of Reliance brands and third-party fashion & lifestyle brands. The mall has established an unparalleled connection with its patrons through superior quality, a remarkable value proposition, and an unmatched shopping experience,” it read further.

"We are thrilled to welcome Sorted 360 as our trusted partner in advancing our brand presence across the nation," said the Head of Marketing at Relaice Malls. "Their proven expertise in retail, shopping center management, and innovative creative strategies make them the perfect fit for our vision."

"Partnering with Reliance Malls is a testament to our commitment to shaping extraordinary brand experiences," remarked Prerana Anatharam, Co-founder of Sorted 360. "We are excited to leverage our strategic and creative acumen to further elevate Reliance Malls as the epitome of convenience, choice, and excellence."

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KlugKlug onboards Hemang Mehta as Country Manager for Indias

Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments

e4m by exchange4media Staff
Published: Aug 24, 2023 3:35 PM  | 1 min read
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KlugKlug has appointed Hemang Mehta as its Country Manager for India.

Mehta will play a pivotal role in driving KlugKlug's growth and expansion within the Indian market and be responsible for Sales & GTM Strategy

Prior to that, he has also represented organisations like Exponential (now VDX.tv), India Today Digital and Rediff.com. His expertise spans various domains including digital media sales, mobile marketing, media planning, and buying, social media marketing, and more.

Hemang Mehta expressed his enthusiasm about joining KlugKlug, saying, "I am thrilled to be a part of KlugKlug, a forward-thinking platform that is reshaping the influencer marketing landscape. As much as I look forward to collaborating with the exuberant team at KlugKlug, I am super excited to interact with the brands to deliver powerful data-backed Influencer solutions that will guarantee business outcomes."

Commenting on the appointment, Kalyan Kumar, Co-Founder and CEO of KlugKlug, stated, "We are excited to welcome Hemang Mehta to our team as the Country Manager for India. His extensive experience in digital media sales and marketing will be instrumental in driving our efforts to provide influencer marketing solutions to our clients. We believe Hemang's leadership will be key in scaling our operations and expanding our reach within the Indian market."

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