More than one billion people use Instagram every month which is equivalent to 1/8th of the population of the world. It is recognized to be one of the well-renowned platforms and the growth trajectory shows that it is not going to change any time soon. Advertisers are currently spending an ample amount of money on promoting the services and products on this platform.
According to studies, people are increasing their budget by 175% each year. Impressions are also increasing by almost 209% whereas the average cost per thousand impressions or CPMs is reducing by 10%. Advertisers are spending more money on Instagram and in the due course of time; they are becoming better in doing so. Competition is also increasing at a high rate.
More than 2 million advertisers are using this photo-sharing app each month which is yet a small percentage of the population.
Tips to Earn Money Through Instagram Sales
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