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Instagram Now Has More Advertisers Than Twitter
More than 200,000 brands have bought ads from Instagram, and 75% of them are outside the US.
2015 was a big year for Instagram’s advertising business. It rolled out new ad formats that could contain links, expanded the length of its video ads and, most importantly, made it easier for advertisers of any size — and increasingly anywhere — to buy its ads and target those ads.
Seemingly as a result of all those moves, Instagram now claims more than 200,000 active advertisers as of February 2016, the Facebook-owned photo-and-video-sharing service announced on Wednesday. That number may pale in comparison to Instagram’s parent company — Facebook claims more than 2.5 million advertisers — but it trumps Twitter, which had more than 130,000 active advertisers as of the fourth quarter of 2015.
The comparison between Instagram’s and Twitter’s advertiser numbers isn’t an entirely fair one. Twitter has built its advertising business on its own, while Instagram has been able to stand on Facebook’s shoulders. For example, advertisers can buy ads on Instagram using the same self-serve tools from Facebook that they use to buy ads on the larger social network and with the same level of targeting Facebook offers. But still, at the end of the day, more advertisers is more advertisers.
“We’ve gone from hundreds of advertisers last summer to now more than 200,000, which is exciting because the more diverse our advertiser base, the more relevant we can make the ads people see,” said James Quarles, global head of business and brand development at Instagram, in a statement.
The stat also shows the success Instagram has had in extending its ad business worldwide, another of its priorities in 2015. In September, it expanded the number of countries in which it sells ads from eight to 30. Since then, that number has grown to total more than 200 countries. And now, 75 percent of the 200,000 brands buying ads on Instagram are based outside of the US.