Need to Know: The FTC’s Influencer Guidelines + TURNER Tips
Marketers, influencers and digital enthusiasts alike had an array of questions and concerns following the U.S. Federal Trade Commission’s (FTC) very...
2 min read
Megan Brown & Connor Howlett : June 6, 2019
Your Instagram feed is about to get much more influencer heavy. This week, the popular social media platform began allowing advertisers to promote branded content from influencers. These will appear as ads not just in your feed but also in Stories. To put it simply, you will start seeing influencers' paid partnerships — called Branded Content Ads – with specific brands much more often. And that’s whether or not you’re following those brands. Here's a look at the good, the bad and the unknown aspects of this new development.
The new Instagram advertisement developments will vastly widen the reach of “branded” posts beyond an influencer’s following. Previously, brands could only run ads on Instagram natively by paying to “promote” previous posts, which reappeared in follower’s feeds. Now, businesses can reach targeted audiences beyond the people who follow the brand and creator accounts. And by running ads, they'll have access to measurement and can optimize and test their campaigns against their set goals for more effective marketing campaigns.
“With branded content ads, businesses have an opportunity to tell their brand stories through creators' voices, reach new audiences and measure impact,” Instagram wrote in a blog post.
This means ads will feel more personal, which brands believe will yield higher engagement and conversion rates. “Promoting content directly from an influencer’s handle inherently gives the post more authenticity than coming from a brand handle, and we’re seeing significantly higher engagement rates using this strategy,” reported Liat Weingarten, Old Navy’s VP of Brand Communication.
Brands should be very wary of the backlash – the last thing they want to do is annoy users. Already, some commentators are bemoaning the new policy. Gizmodo summed up the feeling in a typically sarcastic tone: “You know what we definitely need more of on social media? Influencers and ads. And lucky for us, Instagram has announced a new tool for surfacing a hybrid of the two in your feed. Your Insta has never looked more #sponsored, baby!”
In other words, what’s good for business might not be good for users. Overloading feeds with branded content ads from influencers may turn users off from using the platform regularly, which will result in lower engagement rates and ROI.
So what should your strategy be when it comes to Instagram’s new branded content ads?
Marketers, influencers and digital enthusiasts alike had an array of questions and concerns following the U.S. Federal Trade Commission’s (FTC) very...
The past several years have seen the rise of the influencer as a major part of the digital media landscape, from travel to wellness to fashion and...
Where digital meets travel + lifestyle … A collection of can’t-miss news from this week. Sign up to get the TURNER Weekly Download in your inbox...