Instagram is piloting a shopping feature in the US in a bid to take advantage of the rise of mobile e-commerce.
The Facebook-owned photo sharing social network believes the willingness of its users to ‘discover’ brands and products on the platform, combined with the presence of major retailers, is a winning combination.
It says just a fifth of all purchases are completed within a day of initiation, meaning the ability for retailers to provide more information or, a longer ‘shopping journey’, could help drive sales.
The feature sees retailers able to provide more information about certain products and gives users the option to see prices and other products. Only when they click ‘shop now’ do they exit the Instagram platform.
The trial involves 20 US retailers, including Abercrombie & Fitch, Levi’s and Macy’s, and if successful will be expanded globally. Instagram will also trial new ways of showcasing products and the ability to save content to peruse later.
“Our community uses Instagram as an aspirational discovery platform and they’re looking to us for inspiration,” says Ryan McIntyre, CMO of JackThreads, one of the participating retailers.. “This test is going to change the scope of what we, as retailers, are capable of offering on mobile.
“Instead of having to transition over to the JackThreads app, our customers will be able to shop seamlessly from their social media feeds—allowing us to reach guys where they’re already hunting for what’s new.”
Instagram has been courting businesses in a revenue increasing drive and launched a partner program last year.
What do you know about Facebook? Find out with our quiz!
Welcome to Silicon UK: AI for Your Business Podcast. Today, we explore how AI can…
Japanese tech investment firm SoftBank promises to invest $100bn during Trump's second term to create…
Synopsys to work with start-up SiMa.ai on joint offering to help accelerate development of AI…
Start-up Basis raises $34m in Series A funding round for AI-powered accountancy agent to make…
Data analytics and AI start-up Databricks completes huge $10bn round from major venture capitalists as…
Congo files legal complaints against Apple in France, Belgium alleging company 'complicit' in laundering conflict…