The beauty of Instagram is its simplicity and lack of advertisements. But if comments made by Carolyn Everson, Facebook’s vice president of global marketing solutions are accurate, advertisements could be coming to Instagram in the near future. When asked if Facebook would put ads on the photo-sharing app and micro social network, Everson said that “eventually we’ll figure out a way to monetize Instagram.” Given Instagram’s explosive growth since Facebook acquired it in April for $1 billion, it makes sense for the social network to expect a return on its investment. Everson didn’t mention a specific timeframe for when Facebook plans to monetize Instagram, but said that many brands are using the platform to engage with followers and that monetization was definitely “going to happen.”
Instagram and Advertisements? Prepare for the Future of Photos
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).