Instagram Playing it Safe with Paid Content
This questionnaire recently popped up in my Instagram feed, and it’s a reminder that the social network is being very careful as it works out a strategy for allowing paid content.
From a personal perspective, I saw a flurry of ads on the platform in November of last year. I didn’t block any of the advertising, but it’s been several months since I’ve seen a sponsored post. An informal survey of friends on Instagram confirms that users haven’t really been seeing sponsored posts lately. A deal was announced between Instagram and Omnicom worth $40 to$100 million at the beginning of March, which has me scratching my head in terms of when the deluge of advertising is going to start.
We can only speculate on when the sponsored post will become a regular occurrence on Instagram, or what doors might open down the line for advertisers. However, the current structure means that success is less about paid placement, and more about great content. The best solutions for getting a brands message out right now is by collaborating with Instagram users who already have a strong following (like Mercedes Benz did in their campaign last year) or to create genuinely compelling work that users will organically want to follow.
Either way, the current winners on Instagram aren’t necessarily the ones with the money, they’re the ones with the vision. That’s an opportunity for smart marketers, ad agencies, and image makers.