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Instagram Stories Is Attracting Businesses, Says Company on Feature's One-Year Anniversary

Instagram Stories Is Attracting Businesses, Says Company on Feature's One-Year Anniversary
Highlights
  • People spend about half an hour on Instagram app
  • Instagram today celebrates one-year anniversary of Stories feature
  • Facebook-owned company says Stories is already attracting businesses
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Instagram, one of the only Facebook-owned services that hasn't yet reached one billion active users, said on Wednesday people are spending more time than ever on Instagram app -- nearly half an hour. The reason: Stories, a Snapchat-inspired feature which the company introduced exactly one year ago. More than 250 million people use Instagram Stories every day, the company said.

The photo sharing network said people under the age of 25 spend more than 32 minutes a day on its app each day. Rest everyone spends 24 minutes exploring the app, on an average. The company didn't breakdown how much time people are spending on Stories, a feature that lets people share remarkable moments from their day in the form of videos or images that disappear on their own in 24 hours.

Speaking of which, Instagram said its take on Stories is attracting businesses as well. Over 50 percent of businesses on Instagram produced an Instagram Story last month, the company said. One of five such stories from businesses elicited a direct message from customer.

Since launching Instagram Stories last year, the Facebook-owned app has also added a range of businesses-focused features to make stories more engaging. Play with time, for instance lets businesses run time-sensitive alerts (think of shopping deals).

Instagram on Wednesday also shared some country-focused data. Stories by actresses Sonam Kapoor, Alia Bhatt, Parineeti Chopra, and Shraddha Kapoor have been most viewed by Indians.

It's unclear exactly how popular Instagram is in India - Facebook hasn't shared any data. Gadgets 360 spoke with marketing research firm Sensor Tower, which noted that between May 2016 and May 2017, Instagram was installed about 34 million times during the same time across the App Store and Google Play, a figure which amounts to about 8.4 percent of its worldwide downloads.

In comparison, Snapchat was downloaded approximately 10.6 million times on the Indian App Store and Google Play, the firm told us. This number amounts to about 3.6 percent of its worldwide downloads. Sensor Tower added, "In May 2017 alone, Instagram had about 3.8 million downloads in India on the two stores, a 137.5 percent year-over-year growth from last May's 1.6 million."

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