What’s more profitable than one video ad? Multiple video ads at the same time.
Instagram is expanding its ad carousel unit to now include five separate videos, up to 60 seconds long. The photo-sharing app launched the carousel last fall, letting brands add multiple images into a swipeable format along with a link that directs people to the company’s website.
The format has been a hit: People are 10 times more likely click on photo carousel ads compared to a static sponsored post, so Instagram is likely hoping the same success rate happens for the video-heavy carousel format.
Airbnb, Macy’s, ASOS, and Taco Bell, which has skillfully made fun of recipe videos in its latest Instagram campaign, are among the first brands to try the carousel. The new ads are sold on a cost-per-thousand basis. (In December, Digiday reported that Instagram ad prices were about 65 cents per click, or between $5.75 and $6 for a thousand views.)
Instagram has been pushing video on to its users lately. In March it extended the total possible length of videos from 15 seconds to a minute and remodeled the Explore tab to show off more videos.
Users will begin seeing the new ads in the coming weeks.
-
Why Hearst is building a commerce marketplace
Publisher commerce marketplaces aren't always successful, but Hearst's Sheel Shah hopes his company's new marketplace will capitalize on the natural evolution of its readers' online shopping habits.
-
How agencies adapt as bots evolve
Social media bots may represent just a sliver of an app's total users, but it turns out they may be generating more content than we were previously aware. The challenge is separating the good ones from the bad.
-
Publishers feel the crunch of cookieless browsers like Apple’s Safari
Bid enrichment provides publishers the means of sprucing up their cookieless impressions to improve their value in advertisers’ eyes.
-
Sponsored<strong>How marketers are responding to shoppers’ wants this holiday season</strong>
Matthew Tilley, executive director, marketing, Vericast With the holidays right around the corner, the economy may force some consumers to adjust their plans and stretch their dollars even further. While some shoppers may rein in their spending, others will still go all out despite a cloudy economic outlook. Given the current economic climate, consumers are […]
-
‘Death by a thousand paper cuts’: Publishers fret over alternative ID overload hurting site performance
Publishers lack the data to know which IDs they can afford not to support and are worried a surplus of IDs can slow page-load speeds and lower sites' search rankings.
-
Member ExclusiveMedia Buying Briefing: Separating agency progress from posturing around carbon reduction and sustainability
Could it be that the media world is finally taking concrete steps toward decarbonization — or will many of the efforts underway become the butt of a joke (or worse, the focus of an upcoming John Oliver segment)?
