{"id":7644,"date":"2019-03-20T13:48:39","date_gmt":"2019-03-20T13:48:39","guid":{"rendered":"https:\/\/www.qeretail.com\/blog\/?p=7644"},"modified":"2019-07-25T06:03:42","modified_gmt":"2019-07-25T06:03:42","slug":"instagrams-newest-venture-a-social-media-marketplace","status":"publish","type":"post","link":"https:\/\/www.qeretail.com\/blog\/instagrams-newest-venture-a-social-media-marketplace","title":{"rendered":"Instagram\u2019s Newest Venture Turns it into a \u2018Social Media Marketplace\u2019"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Whether in the animal kingdom or human society, a common meeting ground is vital for being social. Since early times, a market has been the heart of civilization as people would meet at the town square for selling &amp; buying goods as well as social interaction to remain updated to on-going events around them. With the introduction &amp; rising distribution of newspapers, the social aspect of a market was replaced. Further down the road, mobiles and social media replaced newspapers and people started relying on them to get their fresh dose of news. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Instagram\u2019s newest feature titled \u201c<\/span><span style=\"font-weight: 400;\">Checkout on Instagram\u201d <\/span><span style=\"font-weight: 400;\">brings back the social aspect into a marketplace. Instead of the users being redirected to the brand\u2019s link when they click on the brand\u2019s Instagram post, they can directly make an in-app purchase for specific products shown on the post.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the time of writing, Instagram is testing out this feature for 20 brands which include many fashion and consumer-goods companies such as Adidas, Burberry, Dior, H&amp;M, Michael Kors, Nike, Outdoor Voices, Uniqlo and Zara.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.qeretail.com\/blog\/instagrams-newest-venture-a-social-media-marketplace\/#How_%E2%80%98Checkout_on_Instagram_impacts_end-user\" >How \u2018Checkout on Instagram\u2019 impacts end-user?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.qeretail.com\/blog\/instagrams-newest-venture-a-social-media-marketplace\/#How_%E2%80%98Checkout_on_Instagram_impacts_brands\" >How \u2018Checkout on Instagram\u2019 impacts brands?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.qeretail.com\/blog\/instagrams-newest-venture-a-social-media-marketplace\/#How_QeRetail_can_help_you\" >How QeRetail can help you?<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_%E2%80%98Checkout_on_Instagram_impacts_end-user\"><\/span><span style=\"font-weight: 400;\">How \u2018Checkout on Instagram\u2019 impacts end-user?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">About an year ago, Instagram introduced a feature to tag five products per post or up to twenty products on an image carousel. Users could check out the pricing and sizes available and be redirected to the brand\u2019s landing page to complete the purchase. While redirecting, there are great chances for users dropping out for reasons such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Slow loading speed<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Non-responsive layout<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Data breach paranoia<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Real-world Distractions<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">With \u2018Checkout on Instagram\u2019, the shopping experience is made faster by reducing the overall number of clicks as well as distractions. Additionally, since the payments are also made within Instagram, the data breach paranoia is reduced considerably.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-7649\" src=\"https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2019\/03\/ecommerce-instagram-shopping-Sales-Process-qeretail-300x161.jpeg\" alt=\"Standard Instagram Purchase Flowchart\" width=\"600\" height=\"321\" srcset=\"https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2019\/03\/ecommerce-instagram-shopping-Sales-Process-qeretail-300x161.jpeg 300w, https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2019\/03\/ecommerce-instagram-shopping-Sales-Process-qeretail-768x411.jpeg 768w, https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2019\/03\/ecommerce-instagram-shopping-Sales-Process-qeretail-1024x548.jpeg 1024w, https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2019\/03\/ecommerce-instagram-shopping-Sales-Process-qeretail.jpeg 1846w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">So in a nutshell, the customer makes their choice from Instagram, makes a purchase from Instagram, receives a payment success email from Instagram and the product is shipped from the brand\u2019s warehouse.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-7650 aligncenter\" src=\"https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2019\/03\/ecommerce-instagram-shopping-Shopping-with-Instagram-qeretail-300x96.jpeg\" alt=\"New Checkout on Instagram Purchase Flowchart\" width=\"600\" height=\"191\" srcset=\"https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2019\/03\/ecommerce-instagram-shopping-Shopping-with-Instagram-qeretail-300x96.jpeg 300w, https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2019\/03\/ecommerce-instagram-shopping-Shopping-with-Instagram-qeretail-768x245.jpeg 768w, https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2019\/03\/ecommerce-instagram-shopping-Shopping-with-Instagram-qeretail-1024x327.jpeg 1024w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_%E2%80%98Checkout_on_Instagram_impacts_brands\"><\/span><span style=\"font-weight: 400;\">How \u2018Checkout on Instagram\u2019 impacts brands?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Brands can benefit greatly by this new feature as their Instagram profile doubles up as a storefront in itself. Great user experience translates into improved conversions and that in turn, increases sales. Brands can promote their products using real-life photographs with tags to associated products. Interested customers can click the image to interact with the choices they have and make the payment faster.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, by observing what products, styles, and sizes, your customers purchase, you can further fine-tune your buyer\u2019s persona and then refine the products you offer on your profile.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_QeRetail_can_help_you\"><\/span><span style=\"font-weight: 400;\">How QeRetail can help you?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">This feature is currently restricted to 20 brands and available in U.S. cities. Yet going by the minimum requirement for the previously mentioned feature of tagging products on your post, connecting your Instagram profile to your Facebook store would be necessary. We can help you with setting up a Facebook store as well as adding product information. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, Instagram being mobile-first social media platform, it is important to upload high-quality images of your products. QeRetail\u2019s Image Optimization service can help you ensure that your products look the finest when viewed by your followers.<\/span><\/p>\n<p>Drop an email to us at <a href=\"mailto:info@qeretail.com\">info@qeretail.com<\/a> to understand better how we can help you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Whether in the animal kingdom or human society, a common meeting ground is vital for being social. Since early times, a market has been the heart of civilization as people would meet at the town square for selling &amp; buying goods as well as social interaction to remain updated to on-going events around them. With &hellip; <a href=\"https:\/\/www.qeretail.com\/blog\/instagrams-newest-venture-a-social-media-marketplace\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Instagram\u2019s Newest Venture Turns it into a \u2018Social Media Marketplace\u2019<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":21,"featured_media":7646,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,565],"tags":[204,809],"class_list":["post-7644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ecommerce-platform","category-social-media-marketing","tag-social-ads","tag-social-media-marketing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Instagram\u2019s Newest Venture Turns it into a \u2018Social Media 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