Blog 5
Instagram and Its Growth
Since the beginning of this App, Instagram has come to a huge popularity causing everyone to have it and enjoy it. From Just taking photos to uploading them and allowing the world to see a single moment from your day-to-day life on Instagram has become one of the most used apps in the world.
Instagram was released on October 6th, 2010, and on its first day it made and it gained 25 thousand users, In witch now is currently up to 2 billion users. It's crazy how many people are quickly attracted to be in it. I knew the number of users where high, but I never thought it would be at 2 billion.
I also learned that Instagram even with all the demand of users, had 450 employees, Instagram generating and providing a revenue of 116 billion USD. I personally think and would have expected the employment of people to be over a thousand, but I was wrong.
One of the biggest competitors of Instagram is Facebook, that while its has a similar way of working and interacting with the user. Instagram makes a great competition against a source with years of differences in the market. Facebook was released in September 26, 2006. With almost of a have of a decade of difference, Instagram was able to scale up now having 96% of the top fashion brands to use Instagram and businesses to promote their brand with public relations and online marketing. Over 70 Countries had blocked countries due to their copyright violation, still not stopping the users from having an average of hour spent on Instagram of a 11.7 hours monthly.
This had made me realize how big the social media has become in our live. It had take over ten hours of spending and interacting with people on the daily to interact with more from afar cutting the face-to-face interaction with others. Not only Instagram is only the reason, but while it brings us more connection it sometimes takes others. The history of Instagram
may seem short but a future impact would be extended.
may seem short but a future impact would be extended.
No comments:
Post a Comment