Shopping on Instagram is going to be huge — but it’s barely gotten started yet (FB)
|01/15/2020||Posted by BusinessMediaguide.Com under General World News||
- Shopping on Instagram is going to be huge, but it has barely gotten started.
- Just 12% of users currently use the Facebook-owned photo-sharing app for finding or shopping for products, according to new research from Cowen.
- By 2021, Instagram is predicted to generate $10 billion a year in new revenue from shopping.
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Shopping on Instagram promises to be the next big money-making hit for the Facebook-owned photo-sharing app — but it still has a long way to go.
New research from financial services firm Cowen found that just 12% of Instagram users currently use the read more >>>