Instagram Stories Ads Are Here…Are you on Board?

It was inevitable…once Instagram introduced Instagram Stories (expiring content as in Snapchat), it was only time before they would allow an Ad

opportunity for brands in this venue as well.

But are Stories really getting enough traction to matter? Yes.

According to Instagram: In the five months since it launched, stories has grown considerably. Now, more than 150 million Instagrammers use it daily. And stories is contributing to more content and engagement. 

A great example from Instagram is one of AirBnB – Global leader in accommodations, Airbnb, is using Instagram Stories to help build awareness and buzz around its largest product launch to date—Trips on Airbnb. Through a series of 15-second videos, Airbnb highlights the ability to access unique experiences by connecting travelers with local experts who share the same interests, from art collectors to avid hikers. Using broad (25-44) targeting of men and women in the US, Airbnb is gaining awareness of its new product by using Instagram’s new immersive, sound-on storytelling format. Airbnb is excited to tap into interest targeting for future campaigns to drive their message home among their most relevant users.

In turn, Stories Ads are going to get traction too. They are going to be less invasive as they are skippable, so the Instagram user decides which ones they watch or don’t watch. The brands have a choice of using an “unclickable” 5-second photo

or a 15-second video.  The videos are sold in auction at a CPM (vs. Facebook where’s a 3 second CPV). Best part? You can ensure your ads are right for the audience through targeting, of course.

4 ways your brand can test Instagram Story Ads:

  1. Show an experience through a series – Since stories are meant to show a consecutive flow (i.e. a story), it provides an opportunity to let your brand share an experience from beginning to end. Perhaps it’s the entrance to an event, or how an influencer is engaging with your product in 2-3 creative ways. For example if your brand is a beauty brand, it could show the influencer examining the product, using it, and speaking to how the experience was.
  2. Product launch – Since Stories are considered new, of the moment content, it’s a great way to show a sneak peak to a new release. Some brands provide influencers and loyal consumers with exclusive releases. Perhaps it’s a way to share this product with a larger potential group of fans with exclusive access before it’s open to the public.
  3. Provide never before seen content – Imagine your brand is about to release a new video series, but you want to test out a smaller version through Instagram to understand the traction for the content. Or perhaps it’s a smaller piece, that will then allow consumers to go to the larger format, on your site.
  4. Give your loyal fan base a chance to feel the love through exclusive features. Perhaps you pick the best fans, and show new potential fans how much these people already love your brand, and why.

How is it different than Snapchat? It’s a self service skippable video format. And although Snapchat isn’t going anywhere, Instagram is definitely on the verge of taking a chunk out of Snapchat’s game.

Is your brand ready?

image source – pixabay 

This post was originally written for Socialnomics. 

How to Use Promoted Pins on Pinterest to Grow Your Fashion Business

 

promoted pins

Promoted pins opened up to the masses over the past year, which is huge for smaller businesses and startups, and allows brands to reach more of their potential customers through this ultra visual social platform.

What are promoted pins?

Promoted Pins are a paid advertisement opportunity for your brand to choose your best pins to appear in the most relevant places within Pinterest with selected targeting to drive awareness, engagement, or traffic to your website.

Why it works:

The Pins appear natively within Pinterest so it allows consumers to engage with your content as if it were a part of their regular Pinterest experience. It is not interrupting their feed or visual exploration and discovery of pins they are excited to check out.

How to choose your pins:

Remember why people are on Pinterest. They are there to discover and plan. Those are the native behaviors of Pinterest users on a daily basis between fashion, fitness, food, weddings, vacation, so on and so forth. They want to be inspired. They want to discover. And they want to plan their own lives through those ideas.

In addition, because there is so much content on pinterest, especially within the fashion sphere, it is important to be consistent and have regular weekly content. When you see which one of your weekly content is performing well, you can decide which of those pins to promote.

Case Study by Pinterest on MVMT Watches

MVMT Watches started using Pinterest as a way to connect with women. When they saw higher-than-expected engagement, they ramped up their strategy.

The watch company adds Pins of products as well as lifestyle photography, though high quality, close-up shots of watches perform the best.

“A lot of people that come for Pinterest are in discovery mode, looking for products to purchase for themselves or others,” said Jake Kassan, CEO. “Pinterest is different from other channels but when done correctly, it can have huge results.”

MVMT Watches promoted their Pins and saw higher average order values and conversion rates from visitors referred to their site from Pinterest. In fact, Pinners convert at a rate 2X higher than users from other channels.

Targeting:

You can target based on gender, location, and devices. Targeting allows you to reach more people who fit your brand based upon your target audience. It helps if you have a certain offer you want to serve to a particular location so you can zero in. Or if you only care to reach people on the go, perhaps you want to reach people on their smartphones versus desktop. These are things to consider as you decide on your promoted pin strategy.

Keywords:

When it comes to keywords be sure you choose strategically. You can choose and up to 150 keywords – so you definitely want to do your research. Check your keywords using Google Adwords Keyword Plannerunless you have another tool you prefer. Also, be sure to check the keywords within Pinterest, as Pinterest search can be different than on Google. People typically search on Pinterest the same way that they speak, so you want to write descriptions in plain language as much as possible.

Try answering these questions like:

  • What is it?
  • Where is it?
  • Why is it interesting?
  • Why should the reader keep clicking through your brand’s board?

Also remember to write text that will travel well, as your boards and pins will be re-pinned and shared out. Make sure your captions make sense out of context of the Pinterest channel, so that when they’re re-pinned and shared, people won’t be confused by content that’s specific to your brand or your brand’s board.

Purpose of the Pin:

Lastly, but definitely not last in your strategy – you need to consider the purpose of your promoted pin. Is it to gain awareness, engagement, or drive traffic to your website? Knowing the purpose can help you determine the message of your pin, how much money to put behind it, the targeting, and how to measure success.

  • Create awareness for your brand by using a channel full of people wanting to discover.
  • Create engagement for your brand content and particular campaigns by allowing people to interact with certain aspects of your campaign. For example you would pay for a closeup, repin or click, not a view. You can then make each piece of that engagement interactive and allow your audience to get more out of each piece of that content.
  • Create more traffic to your website by allowing people to get more of the story on your site.

Great examples according to Pinterest, of this include:

  • Adore Me increased Pinterest-referred revenue by 4000%
  • Zola increased conversions by 44% and clickthrough rates by 50%
  • Dot & Bo quadrupled the number of people visiting their website, increased repins by 6000% and boosted daily clicks to their site by a whopping 18000%
  • Living Royal saw a 31% decrease in cost per acquisition (CPA) and a 6x increase in traffic within the first month of paid promotion on Pinterest
  • MVMT Watches found Pinners convert at a rate 2X higher than users on other platforms—and with higher average order values

My overall advice: A/B test to see which pins work best.

Test different imagery and copy. After a few tests you’ll start to see a pattern and learn which ones work best for your audience on Pinterest and you can invest more with that specific type of content going forward.

Another thing to keep in mind is the longevity of content on Pinterest. Once your content is on Pinterest, people will re-pin it over and over. It will live across the channel for much longer than your original campaign, so your content needs legs. Will it make sense later? Food for thought.

This post was originally written for Startup Fashion.