The Social Media Story: Instagram vs. Snapchat
By: Lauren, Social Media Manager
Just 17 months was all it took for Instagram’s popular Stories feature to rise to the top, attracting over 500 million users daily. It’s no surprise that with record growth, everyone from AdWeek to Forbes is calling the Facebook-owned feature a top digital trend for 2018. But what is it about the Snapchat copycat (remember them?) that sent all other social media platforms directly to second place?
1. User Base
A simple explanation for the preference for Stories over Snapchat is Instagram’s massive user base of 800 million, which is still growing quickly. This built-in audience automatically made Instagram a notable competitor to Snapchat.
On Snapchat, brands are challenged with growing a following from scratch with little to no way of being discovered by new users. Instagram Story features include the ability to search, converse and engage with potential new followers and consumers.
2. Stronger Brand Presence
Snapchat’s poor search function requires a specific handle to be searched in order to discover and follow the brand. How do you find a brand’s Snapchat handle you ask? Well, many used to include them in their Instagram bios (talk about a plot twist). Instagram not only allows you to search by handles, brands and key terms, but it also suggests accounts you may be interested in following under the Discover tab. Following an account is not required on Instagram to view and engage with a brand’s or influencer’s content. This aspect alone showed better results at a larger scale for CPM (cost per impression).
3. Increased Traffic
Unfortunately for Snapchat, Instagram didn’t stop there. Not long after the duel began, Instagram announced a brand new “Swipe Up” feature for Stories. For the first time in the history of the app, you were able to link ecommerce directly to a piece of content. In the eyes of marketers and influencers, this was a real game changer. Instagram quickly became a free and effective secret weapon to ecommerce brands, retailers and influencers.
4. The Ephemeral Content Shift
Although this generation loves the classic Instagram feed filled top to bottom with beautiful photos, the content in our feeds is starting to go in a different direction. Classic evergreen brand content lacks personality and value, while frustrating algorithms give users little to no control as to what they see in their feed. This is why ephemeral content (aka impermanent content) is expected to take the lead in 2018, according to AdWeek. Ephemeral content feels authentic, relatable and provides much higher engagement rates.
Blogger/influencer Arielle Charnas, founder of Something Navy, recently polled her 1.1 million Instagram followers to ask if they’d rather see more Instagram Stories than Instagram posts. Charnas tells 5W that she received several messages from followers saying the Instagram algorithm was keeping them from seeing all of her posts. The poll results were overwhelming, with over 90% voting “yes.” Charnas says, “Instagram Stories have changed the Something Navy platform entirely. My followers are interested in content that’s happening in real time and doesn’t have a team of editors behind it. Social media is changing every day. I find it incredibly important and rewarding to stay connected with my audience and adapt to how they want to see my content.”
5. Feature That Will Shape 2018
Instagram closed out 2017 with what it called “the biggest changes to profiles on Instagram since 2013,” according to a company press release. They weren’t wrong. The feature, presented as “Highlights,” added a space on the Instagram profile to display any Instagram Stories from your archive (also a feature announced in the same day). In an interview with TechCrunch, an Instagram spokesperson said, “As more and more people adopt stories, we realized that the profile has become less and less representative of you and your life. And yet the profile is one of the top destinations on Instagram – it’s a powerful space for self-expression and feeling closer to others. But up until now, there was no way to keep your favorite stories or add them to your profile – we wanted to fix that.”
In 2018 we’ll expect to see a large shift into Instagram Story content.