Several weeks ago, The
New York Times broke a story
about Instagram’s intention to make a major adjustment to the order in which
photos are presented on a user’s feed. Under the current chronological
presentation, Instagram asserts that users only see about 30% of posts in their
feeds, and that a new algorithm accounting for user interest, relationship, and
timeliness will be utilized in the feeds new presentation. Instagram is yet to
implement any changes, but with over 100,000 users petitioning for the feed to
remain chronological, one is forced to consider Instagram’s intentions.
The outlook for Instagram is hopeful, and the simplistic
concept of taking and sharing visual content has propelled the network to more
than 400 million active users. Instagram also has no real competitor, with
similar platforms lacking the simplicity and promise currently available on the
Instagram network. It is important to recall that Instagram is a Facebook owned
company, and like Facebook, Instagram is an advertising revenue-based platform
that relies on engagement rates for continued success.
As the platform continues to hurtle toward maturity, it has introduced
a variety of changes aimed at both users and advertisers. Most notably,
Instagram launched the infinite video loop, carousel ads, layout, enhanced
search, new filters, additional picture aspect ratios, in-feed advertising, and
the ability to switch between accounts. These changes all enhance the core of
Instagram and provide advertisers with a variety of new opportunities.
Even though Instagram made changes last year with
advertisers in mind, engagement
lagged, growth stalled, and brands were increasingly being pressured to
engage in pay-for-play. The issue facing Instagram is not in new user growth,
but in the advertiser engagement that if the lifeblood of the platform. Users
are content with the tools and forum in which they are able to interact with
other users, but a recent study noted indicated users may be experiencing
advertising fatigue. In seeing advertisements so frequently, users are more
likely to simply scroll by and disregard to post.
While none of this is breaking news, Instagram’s issue with
advertisers is likely a key driver in the network’s motivation to change their
feed algorithm. Of course, users may benefit from being served the posts they
are most likely to engage with, but many users are comfortable with the order
of their feed, and while likes and followers may be a currency in-and-of
itself, many end users just want to see the pictures their real-life friends post. By adjusting the feed, Instagram enable
brands to reach higher levels of growth and engagement, which is necessary for
the platform to continue growing. This is a similar situation that Facebook
experienced over five years ago, with advertisers and the news feed
experiencing major changes.
An initial rollout of the algorithmic feed will only roll
out of a “single-digital number of users,” so it is unlikely that the majority
of users will see this soon. Additionally, the algorithm is sure to be tweaked
with user-feedback in mind. With growth and engagement at the forefront,
Instagram is betting big on their ability to lure in brands and advertisers
with an algorithmic newsfeed to will boost ROI. It is impossible to predict the
potential impact of the changes, but if Instagram is unable to keep advertisers
investing, the future of the platform is very much jeopardized.
The network could easily argue that the upcoming changes are
all made with the end-user in mind, but it is impossible to separate
Instagram’s business goals from their upcoming changes. Without advertisers,
there is no Instagram, regardless of the user base, and Instagram is very much
aware that their changes must assist marketers in reaching their population if
they expect to succeed in a similar manner to Facebook. Lucky for Instagram,
there is no alternative at this time offering a similar experience, and
Instagram does have the financial, and more importantly, the data backing of
their parent, Facebook. This will be a critical year for Instagram, and all
bets are on the algorithmic feed to reinvent the platform.
Post A Comment:
0 comments so far,add yours