There were a few major updates this week, especially for Facebook and Instagram, that varied between product launches and algorithm updates. Below I highlight some of the top social media updates this week along with how they might apply to your next Influencer campaign.
Instagram Stories Ads:
Overview: Instagram has been testing ads in between Stories for the past few months, but only with a select few brands. All advertisers can now run ads through Instagram Stories, leveraging Facebook / Instagram targeting parameters such as age, interest, buying behavior, and more. Ads can be either a photo or a video up to 15 seconds.
Influencer Campaign Thought Starter: Instagram ads have performed really well as part of our social amplification solutions. Story placements can provide an effective and targeted way to promote great Influencer-created image and video content; especially if your primary KPI is reach or CPM.
YouTube - YouTube TV:
Overview: YouTube is looking to compete with cable and streaming services with the launch of “YouTube TV.” their own live TV service. YouTube will be working with various TV networks to offer this premium YouTube service for users; with many already committing such as ESPN, FOX, ABC and more.
Lastly, if you didn’t get a chance to buy Snapchat Spectacles, you’re in luck! Spectacles are being sold online at the same price they were being sold for in-stores: https://www.spectacles.com/
Don’t forget to download our newly published Influencer Marketing Benchmarks Report which provides key ROI metrics including: Earned Media Value, Engagement Rates, Cost-per-Engagement and Brand Lift.