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Posts Tagged ‘Kevin Systrom’

Will Instagram’s New Messaging Service Be a Useful Promo Tool?

In a direct attempt to fight off challengers like Snapchat, Instagram announced today that it would launch a new “direct messaging” service that allows users to send pics to one another. New York mag’s Kevin Roose writes that it means you can now “annoy specific, targeted friends with your brunch Instagrams“, but there might be a little more to it than that.

The feature would have been its own app, but parent company Facebook wanted to empower users to share images, aka “moments”, without adding them to the main feed or downloading any completely new apps. Our first thought was that we could use the new feature to send this image of a perfectly named but sadly defunct local business to the very few people who would appreciate it.

Screen Shot 2013-12-12 at 12.47.45 PM

But then we realized that everyone loves I Want a Breast Pump, because “It’s Doubley Good!!!

Seriously, though…

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Should Instagram Let Fashion Bloggers Link to Sales Sites?

shutterstock_158730779Just as the first Instagram ad hit us in the form of a Michael Kors watch, many of the fashion bloggers who provide so much of the platform’s content asked “Wait, why can’t I do that?

PR may be asking the same question: why does Instagram still prohibit users from including links so followers can buy the products they highlight? It would make the give-and-take between designers and bloggers even more significant.

CEO Kevin Systrom told London Fashion Week attendees that he could see his company becoming a fashion commerce platform at some point, nothing that it’s already a great marketing tool for fashion brands—but then he waffled a bit. Here’s a key quote:

“If Instagram were full of commerce and there were ‘Buy now!’ links everywhere and that’s all you ever had, I don’t think it would get to the true spirit of communication.”

So Systrom sees Instagram as a comms tool rather than a sales tool but clearly allows for some flexibility on what he calls “the balance” between art and commerce. We get it, but we have a feeling that all four parties involved in the fashion chain would disagree: the shoppers, the bloggers, the brands and the firms representing them.

And yes, the guy is already rich—but don’t tell us he’s not jealous of Pinterest‘s ability to separate people from their money…

Forbes ‘Richest’ List: No More Social Media Moguls?

This week Forbes released the 30th anniversary edition of its “Forbes 400: The Richest People in America” issue, and the list’s top ten is only surprising for being so boring. Bill Gates? Check? Warren Buffett, The Koch brothers, and the Waltons? Check, check, check.

The only change to the top ten is the addition of Michael Bloomberg, who somehow made lots of money last year while giving New Yorkers an extended “this is why you’re fat” lecture. We are not shocked.

In fact, there’s only one real “richest people” development that interests us: a big decline in the rankings for social media executives. The biggest individual drop, of course, belongs to Mark Zuckerberg, who has probably been grinding the hell out of his teeth every night for the past six months despite his public displays of confidence.

But does this development signal the beginning of the end of the “social media mogul?”

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