Company / division: Instagram

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    Instagram Stories is stealing Snapchat’s users – TechCrunch (Jan 30, 2017)

    This would be very bad news if it turns out to be true – celebrities and those who manage celebrity and other accounts on Snapchat claim they’re seeing a significant reduction in views of their Stories on Snapchat as a result of both Instagram’s launch of its own Stories feature and Snapchat’s move to kill the Auto-Advance feature for Stories in its own app. This kind of thing is always worth taking with a pinch of salt – the ranges discussed here are very broad, and some of the data might be outliers – but the trend seems to be consistently downward, and is backed up by some app download data as well. The positive spin from Snap here would be that it’s actually focusing engagement more by only showing users the Stories they actually choose to see, but I’m not sure investors will buy that. Again, any day now we should have some real data from Snap to go on to evaluate engagement and usage, but this is another specific concern they’ll need to address in the S-1 filing. In the meantime, more evidence that Facebook and Instagram’s strategy here is paying off, and that when Facebook broadly launches its own Stories feature the impact could be even more severe.

    via TechCrunch

    Inside Instagram’s reinvention – Recode (Jan 23, 2017)

    This is a great little profile of Instagram, with lots of little tidbits of information. There are several overarching themes: the mimicking of Snapchat features is definitely one of them, but the broader context is that Instagram is generally moving really fast to ship new features, which is particularly striking given that Kevin Weil, who runs product, came from Twitter, a company that often seems paralyzed by indecision when it comes to tweaking functions. The whole piece reinforces the sense that Instagram is the vehicle through which Facebook is both iterating more quickly and trying to compete more directly with Snapchat, while the evolution within the core Facebook product is slower and more deliberate.

    via Inside Instagram’s reinvention – Recode

    Instagram Starts Rolling Out Video Ads Inside Instagram Stories | Fortune (Jan 11, 2017)

    As well as copying Snapchat’s Stories feature for the purposes of capturing more users and more of its existing users’ time, it appears Facebook/Instagram was creating a new channel for ads too. Instagram has already ramped up ads quite a bit to the point where roughly every 10 posts in my feed is an ad, and that’s probably about as far as it can go in the feed. But Stories offer another venue for advertising, and with users who have lots of Stories to view they’ll simply slot in between Stories from friends. Stories are easy to skip, so this shouldn’t disrupt the user experience too much, while delivering decent growth in ad revenue.

    via Instagram Starts Rolling Out Video Ads Inside Instagram Stories | Fortune

    Here are all the times Facebook tried to stomp out Snapchat in 2016 – Recode (Dec 28, 2016)

    Great summary of the history of the Facebook Copying Snapchat narrative over the past few months. The interesting evolution during that time has been a shift in focus from trying to recreate new apps to mimic Snapchat in part or entirely to mostly using Instagram to borrow features.

    via Here are all the times Facebook tried to stomp out Snapchat in 2016 – Recode

    Instagram just cloned Snapchat’s Stories feature to get more people sharing – Recode (Aug 2, 2016)

    Facebook’s first successful attempt to clone a Snapchat feature ironically came not in Facebook but in Instagram, an app it was able to acquire (unlike Snapchat itself). There’s plenty of evidence at this point that Instagram Stories have done very well for Facebook (and some that it’s hit Snapchat hard).

    via Recode