Social Scanner: Instagram reigns supreme

Forrester says Instagram delivers more value for marketers than Facebook and Twitter

Instagram delivers the most value for marketers: Forrester

Instagram delivers better value for marketers than Facebook or Twitter, according to a new report by Forrester Research.

The research firm recently looked at more than 2,500 brand posts on the three social networks, comparing how often consumers interacted with each. It found 4% of followers interacted with brand posts on Instagram, compared to less than 1% of those on Facebook or Twitter.

On Facebook (which owns Instagram), an average of just .07% of fans interacted with posts. Twitter posts led to even less interaction, registering just .03% on average.

Overall, Forrester says brands on Instagram see 58 times more engagement per follower than Facebook, and 120 times more engagement per follower than Twitter.

Nate Elliot, vice-president and principal analyst at Forrester, compared a recent post published by Red Bull on both Facebook and Instagram to demonstrate the difference. On Facebook, where Red Bull has 43 million fans, the post received 2,600 thousand likes (a 0.006% likes-per-fan rate). On Instagram, where Red Bull has far fewer followers – 1.2 million – the same content received 36,000 likes (a 3% likes-per-follower rate) – almost 14 times as many.

In a blog post, Elliot said Forrester found similar results across different types of brands, even those that skew older.

“Instagram doesn’t only work for youth-focused brands like Red Bull; we’ve also seen great engagement for more pedestrian brands like Ford Fiesta and General Electric,” he wrote.

“If your brand is looking for social engagement — and if you’re not finding it on Facebook, Twitter, or other social networks — you should start using Instagram today.”

The new cost of social marketing

When social media first registered on the radar of brand marketers, most looked at it as a free – or at the very least cheap – tool. Years later, the social networks are grown up and putting the squeeze on brands. In Marketing‘s May 2014 issue, we survey the industry on the rising price of social media and how much brands should earmark to ensure their social posts are seen.
Read more here.

More From Marketing

Two Canadian campaigns win medals in Facebook Studio Awards

• Internet advertising is a Ponzi scheme (Column)

• Facebook’s Q1 soars to surpass expectations, CFO to step down

• Facebook aims for enhancing privacy and convenience for mobile users

Twitter Q1 beats analysts’ expectations thanks to ad revenue

The Numbers

SEO reseller HubShout asked 425 people about native advertising, the de facto unit of socially-driven publishers like Mashable and Buzzfeed. Here are the results:

67.5%

Respondents who said they’d seen a “sponsored” or “promoted” article online

62%

Respondents who didn’t remember what the last native ad they saw was about or which brand sponsored it

21%

Respondents who expect more value from a native ad than regular editorial

20%

Respondents who said sponsored content can built their trust with a brand

45%

Respondents who said native ads are a type of marketing that’s more relevant to them

Media Articles

Yahoo expands mobile toolkit with acquisition of Flurry

Startup is the latest in a wave of smaller acquisitions

On The Move – Weekly Roundup

A recap of who’s headed where in Canadian marketing communications

Kijiji, eBay and StubHub bring media sales in-house

Move intended to streamline the sales process, giving buyers more efficient access to 13 million unique Canadian visitors

Discovery’s shark stunt goes awry, but gets the word out

Bell Media and Nissan looking to promote Shark Week Rogue programming

Disney titles coming to Netflix Canada

Top titles to appear 8 months after release

Social Scanner: Don’t shut down your brand war room

Plus, there's a $6 billion social network without any members

Clear Channel Outdoor appoints new Canadian head

Veteran OOH exec Adam Butterworth succeeds John Jory

Netflix now used by 1/3 of Anglophone Canadians: study

Despite relatively low cost, service is more likely to be used by affluent households