INSTAGRAM SUCCESS
Ghassan Khairallah
Managing Director | Advertising & Marketing Expert | Business Development Manager
Instagram advertisers reach 1 million
Instagram's 1 million monthly active advertisers reflects an increase of 200,000 from the same period of last year.There are also over 8 million businesses using Instagram business profiles,with the greatest uptake coming from usa,Brazil,Russia ,uk ,indonesia and the GCC.
In the past month ,over 120 million instagrammers used the platform to research or contact a business.While over 80% of users follow a business on Instagram.
The majority of these businesses came from small business units ,who can use instagram's increasingly powerful business tools for free.All these Ads are paying off.Instagaram is expecting US$ 3.64 billion in Advertising revenues in 2017.
Amazing considering Instagram started Ads service October 2015