Analysts say Instagram's move to shopping will be so successful that it will generate $10 billion in revenue in 2021.
Deutsche Bank said new features like Instagram's checkout button, which lets you buy stuff through the app, will improve the value of the app's ads and its targeting.One hiccup might be advertisers worried about Facebook's"walled garden" system of keeping customer data on its platform.
That's according to a bullish analysis from Deutsche Bank, which points to Instagram's newly introduced Checkout feature. This isthat makes it easier for you to buy things through the app from a handful of test partners, including Adidas, Burberry, MAC Cosmetics, Michael Kors, Nike, Warby Parker, and Zara.
Improving"conversion" on Instagram's ads, essentially meaning ads are more effective and yield more money.Instagram taking a slice of the transaction fee.Using data on what you buy to inform what ads you see, and how you use Instagram.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Instagram's new e-commerce feature is a $10 billion opportunity for Facebook, Deutsche Bank saysFacebook added a feature to make its Instagram platform a more efficient place for social media users to shop and buy, which Deutsche Bank believes 'can drive monetization' further for the app.
Read more »
An Entrepreneur And His Ex-Cons: Meet The Former Gang Member Who Created A $10M Packaging Startup That Hires Former InmatesDarrell Jobe dropped out of school, joined a gang and spent time in jail. Now, as founder of sustainable-packaging company Vericool, he's giving back by hiring employees who have been incarcerated.
Read more »
NFL notebook: Romo may be $10 million man for CBSTony Romo could become the first football analyst to earn $10 million per year. ...
Read more »
A $10 billion British hedge fund returned $300 million to Saudi Arabia after the Khashoggi murderPharo Management, a UK-based hedge fund told investors it returned $300 million to Saudi Arabia in a rare rebuke to the oil giant, according to Bloomberg.
Read more »
22 Things Under $10 To Put In An Easter Basket That Aren't CandyCandy is delicious, but maybe you want your kid to go to sleep sometime this century.
Read more »
Aramco Plans $10 Billion Bond, Opening Books for First TimeSaudi Aramco plans to issue a $10 billion bond to help fund its acquisition of a majority stake in Saudi Arabia's petrochemicals firm, shedding a light on the financial performance of the world’s largest oil company for the first time
Read more »
Saudi Aramco reportedly plans to issue $10 billion bond, opening books for the first timeSaudi Arabia's state-controlled energy giant Aramco plans to issue a $10 billion bond as early as next week, the Wall Street Journal reported Thursday, citing unnamed sources familiar with the matter.
Read more »
An Entrepreneur And His Ex-Cons: Meet The Former Gang Member Who Created A $10 Million Packaging Startup That Hires Former InmatesDarrell Jobe dropped out of school, joined a gang and spent time in jail. Now, as founder of sustainable-packaging company Vericool, he's giving back by hiring employees who have been incarcerated.
Read more »
16 Budget-Friendly Dinners You Can Make For Less Than $1016 Hearty Dinners You Can Make For Under $10
Read more »
16 Hearty Dinners You Can Make For Under $1016 Delicious Dinner Recipes You Can Make For Less Than $10
Read more »