What if I tell you, there are businesses that have been making millions in revenue from Instagram? Today, I will discuss how you should leverage the Instagram platform to grow your online business.
According to Hootsuite, there are more than 25 million businesses using Instagram for online business. Leveraging Instagram for E-commerce is quite fruitful these days and something that you cannot ignore.
Instagram is one of the fastest-growing social media platforms owned by Facebook. Having more than 1 billion active users allows businesses to sell their products and service using Instagram.
The report from BroadbandSearch states that the average daily time spent on Instagram is 53 minutes.
Where there are people, there is a market. Business owners should consider Instagram as a market, not just a social media platform.
Create your Business Account on Instagram:
Instagram offers advanced features for business accounts to grow the business faster. That is why it is the best practice to have a business account.
When you create a new account on Instagram, make sure it should be a business account. If you already have an account, simply switch your profile to a business profile.
Once you finish creating a business account, add all the details about business such as business name, Instagram business username, business location, website, a profile picture and a short description as well.
Important Functions of Instagram:
- Direct Messages: This feature allows Instagram users to communicate. For instance, if a customer has a query regarding product and service, he/she can directly contact the company.
- Followers: The number of followers shows that these are the people who are interested to view your content regularly.
- Following: This feature allows people to follow their friends, family members, colleagues, celebrities, and businesses as well. After following, users can see posts and stories regularly on the timeline.
- Filters: The filters are used to add filters on the image.
- Hashtag(#): The content which has a specific niche can be identified using the hashtag. Instagram also allows users to follow hashtags.
- Stories: Using Stories, users can post images and videos in the vertical form that disappear after 24 hours.
Let’s understand how you can skyrocket your business by leveraging Instagram.
9 Best Ways to Leverage Instagram for E-commerce Business
- Instagram Shop
- Influencer Marketing
- Content Marketing
- Instagram Ads
- Engagement and Feedback
- Experiential Marketing
- Instagram Audience Analytics
- Business Location
Top 9 Effective Ways to Leverage Instagram for E-commerce Business:
Instagram shop allows you to integrate your product catalog with your Instagram profile. Using this feature, when you share an image as a post or story, customers can instantly view the product, product description, and buy the product as well.
It is the most emerging and the fastest growing marketing strategy used by the majority of the marketers. According to BigCommerce, 69% of marketers plan to spend the most money on Instagram for influencer marketing in 2020.
You should definitely leverage this strategy for your business; what you need to do is find out the best Instagram influencer in your niche.
Businesses should post content regarding their product and service. For instance, you are selling apparels, you should post content like what are the benefits of that cloth, why you should buy it, five best clothing for the summer season and something like that.
By doing this, you are sharing your knowledge to customers. This activity builds trust and loyalty and eventually, people prefer our product.
You can target customers for ads on the basis of interest, behavior, age, demographics, and so on. Compared to Facebook and Twitter, Instagram has a quite higher conversion rate.
Engagement and Feedback
As a business, you should reply to each and every comment you get and ask about the feedback as well. If customers are not satisfied with the product, they will comment and it would be the best opportunity for you to consider that feedback and improve the product.
According to Oberlo, 88% of video marketers are satisfied with RETURN ON INVESTMENT (ROI) of their video marketing efforts on social media. That is why, in order to drive a massive amount of sales, video marketing can help.
Instagram Audience Analytics
Instagram offers an audience analytics tool that helps businesses to know about the age group of people who consume and engage with the content, from which location you are getting engagement, how many links clicks you are getting and so on.
Giveaways on Instagram are the smartest way to get more attention on Instagram.
Businesses should create a post about the giveaway and ask people to follow the Instagram page and tag more people. Interested people would definitely follow your Instagram page and they will mention their friends in the comment area!
This way, you can get thousands of quality prospected customers. And you can also use this data for REMARKETING ADS and reach prospected customers.
Location is a useful feature to leverage for your business as well. You should add a city or state in your Instagram. By doing this, when someone searches location, your post will be displayed in that section. And if anyone wants to buy a product, he/she can easily buy it.
Building a Brand Identity on Instagram:
“Brands are the solution, not the problem. Brands are how you sort out cesspool”. – Eric Schmidt
In order to gain trust and getting customers from any social media platform, it is necessary to post more and more content as this helps to gain trust and build a brand.
Also, consistent content with high quality is bound to help you in making the most out of Instagram for E-commerce!
By leveraging these features of Instagram, you can start building your brand.
- Instagram Live
- Instagram Shop
- Shoppable Tags in Stories
- IGTV Videos
These are the best ways you should start leveraging. It will help you to build a brand and generate thousands and even millions of dollars in sales.
Now if you are a Magento 2 store owner, you are about to get your hands on a powerful tool that integrates Magento 2 with Instagram to fetch Instagram images, edit and show them in the front-end to give a look and feel of an amazing Instagram shop in Magento 2 stores!
Check Meetanshi’s Magento 2 Instagram extension that offers:
- Display Instagram images on any CMS page.
- Fetch images based on your own username or multiple hashtags.
- Set hotspots on fetched Instagram images and show in the popup.
and much more.
Even if you are running the store on Magento 1, get a similar extension, Magento Instagram to create a beautiful Insta shop today!
Excited about selling on Instagram? Let me know your thoughts in the Comments section below.
Also, share the post with online store owners via social media.
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