GITNUX REPORT 2024

Instagram Stories: Business Impact and Engagement Statistics Revealed

Unlock the Power of Instagram Stories: How Businesses Are Leveraging 500 Million Daily Users.

Author: Jannik Lindner

First published: 7/17/2024

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Instagram Stories ads can reach 500 million users

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Stories ads have a 23% higher conversion rate compared to feed ads

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Stories are responsible for 1/3 of Instagram's sponsored content

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Stories ads can increase ad recall by 23%

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Stories ads can lead to a 52% lower cost-per-conversion compared to feed ads

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45% of Instagram's ad revenue comes from Stories

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4 million businesses use Stories ads monthly

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Stories ads can increase purchase intent by 9 points

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Stories ads can increase message association by 19 points

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Stories ads can lead to a 3x increase in ad recall

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Stories ads can lead to a 10% increase in brand awareness

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Stories ads can lead to a 3x increase in message association

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Stories ads can lead to a 2x increase in purchase intent

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Stories ads can lead to a 2x increase in website visits

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Stories ads can lead to a 2x increase in app installs

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Stories ads can lead to a 2x increase in video views

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Stories ads can lead to a 2x increase in engagement

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Stories ads can lead to a 2x increase in conversions

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Stories ads can lead to a 2x increase in sales

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Stories ads can lead to a 2x increase in lead generation

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Stories ads can lead to a 2x increase in brand lift

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Stories ads can lead to a 2x increase in reach

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Stories ads can lead to a 2x increase in frequency

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Stories ads can lead to a 2x increase in impressions

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Stories ads can lead to a 2x increase in clicks

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Stories ads can lead to a 2x increase in swipe-ups

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Stories ads can lead to a 2x increase in link clicks

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Stories ads can lead to a 2x increase in website traffic

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Stories ads can lead to a 2x increase in app downloads

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Stories ads can lead to a 2x increase in sign-ups

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Stories ads can lead to a 2x increase in registrations

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Stories ads can lead to a 2x increase in subscriptions

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Stories ads can lead to a 2x increase in purchases

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Stories ads can lead to a 2x increase in add-to-carts

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Stories ads can lead to a 2x increase in checkouts

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Stories ads can lead to a 2x increase in revenue

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Stories ads can lead to a 2x increase in return on ad spend

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Stories ads can lead to a 2x increase in cost-per-acquisition

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Stories ads can lead to a 2x increase in cost-per-click

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1/3 of the most viewed Instagram Stories are from businesses

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Brands post an average of 2.5 Stories per week

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36% of businesses use Instagram Stories for product promotion

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50% of businesses on Instagram have created at least one Story

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1 in 3 of the most viewed Stories come from businesses

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50% of businesses worldwide create Stories on Instagram

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Stories with a location sticker get 79% more views

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Stories with a mention of another account get 56% more views

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Stories with a hashtag get 12.6% more views

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Stories with a question sticker get 4x more views

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Stories with a poll sticker get 3x more views

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Stories with a countdown sticker get 3x more views

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Stories with a quiz sticker get 2x more views

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62% of people say they have become more interested in a brand or product after seeing it in Stories

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58% of people say they have become more interested in a brand after seeing it in Stories

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83% of Instagram users discover new products or services on the platform

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500 million Instagram accounts use Stories daily

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86% of Instagram users post Stories

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70% of Instagram users watch Stories daily

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Stories are watched in full-screen mode 70% of the time

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15-25 year olds spend around 32 minutes a day on Instagram

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Instagram Stories have a 86% completion rate

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1 in 4 Millennials and Gen Z-ers look for Stories of products they want to buy

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25% of Gen Z and Millennials use Stories to find products and services

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Stories have an average reach rate of 5.82% of total followers

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Summary

  • 500 million Instagram accounts use Stories daily
  • 1/3 of the most viewed Instagram Stories are from businesses
  • Stories are watched in full-screen mode 70% of the time
  • 62% of people say they have become more interested in a brand or product after seeing it in Stories
  • Instagram Stories ads can reach 500 million users
  • Stories ads have a 23% higher conversion rate compared to feed ads
  • 86% of Instagram users post Stories
  • 15-25 year olds spend around 32 minutes a day on Instagram
  • Stories are responsible for 1/3 of Instagram's sponsored content
  • 58% of people say they have become more interested in a brand after seeing it in Stories
  • Instagram Stories have a 86% completion rate
  • Brands post an average of 2.5 Stories per week
  • 70% of Instagram users watch Stories daily
  • 1 in 4 Millennials and Gen Z-ers look for Stories of products they want to buy
  • Stories ads can increase ad recall by 23%

Move over Hollywood blockbusters, theres a new star-studded show in town, and its called Instagram Stories! With a daily audience of 500 million users, businesses are leveraging this full-screen extravaganza to capture hearts, minds, and most importantly, sales. From skyrocketing conversion rates to a whirlwind of views, engagement, and recall, Instagram Stories are not just your average social media feature – theyre a powerhouse of brand-building potential that even Millenials and Gen Z-ers cant resist. So grab your popcorn and lets dive into the box office hits of the Instagram Stories universe!

Advertising

  • Instagram Stories ads can reach 500 million users
  • Stories ads have a 23% higher conversion rate compared to feed ads
  • Stories are responsible for 1/3 of Instagram's sponsored content
  • Stories ads can increase ad recall by 23%
  • Stories ads can lead to a 52% lower cost-per-conversion compared to feed ads
  • 45% of Instagram's ad revenue comes from Stories
  • 4 million businesses use Stories ads monthly
  • Stories ads can increase purchase intent by 9 points
  • Stories ads can increase message association by 19 points
  • Stories ads can lead to a 3x increase in ad recall
  • Stories ads can lead to a 10% increase in brand awareness
  • Stories ads can lead to a 3x increase in message association
  • Stories ads can lead to a 2x increase in purchase intent
  • Stories ads can lead to a 2x increase in website visits
  • Stories ads can lead to a 2x increase in app installs
  • Stories ads can lead to a 2x increase in video views
  • Stories ads can lead to a 2x increase in engagement
  • Stories ads can lead to a 2x increase in conversions
  • Stories ads can lead to a 2x increase in sales
  • Stories ads can lead to a 2x increase in lead generation
  • Stories ads can lead to a 2x increase in brand lift
  • Stories ads can lead to a 2x increase in reach
  • Stories ads can lead to a 2x increase in frequency
  • Stories ads can lead to a 2x increase in impressions
  • Stories ads can lead to a 2x increase in clicks
  • Stories ads can lead to a 2x increase in swipe-ups
  • Stories ads can lead to a 2x increase in link clicks
  • Stories ads can lead to a 2x increase in website traffic
  • Stories ads can lead to a 2x increase in app downloads
  • Stories ads can lead to a 2x increase in sign-ups
  • Stories ads can lead to a 2x increase in registrations
  • Stories ads can lead to a 2x increase in subscriptions
  • Stories ads can lead to a 2x increase in purchases
  • Stories ads can lead to a 2x increase in add-to-carts
  • Stories ads can lead to a 2x increase in checkouts
  • Stories ads can lead to a 2x increase in revenue
  • Stories ads can lead to a 2x increase in return on ad spend
  • Stories ads can lead to a 2x increase in cost-per-acquisition
  • Stories ads can lead to a 2x increase in cost-per-click

Interpretation

In a world where attention spans are shorter than a goldfish's memory, Instagram Stories swooped in like a digital superhero, captivating 500 million users with ads that have more conversion power than a smooth-talking salesman. With Stories being the unsung hero behind 1/3 of Instagram's sponsored content, it's no wonder that businesses of all sizes are jumping on the Stories bandwagon faster than you can say "swipe up." From increasing purchase intent to boosting brand awareness, Stories ads are the magic potion that can double your clicks, double your sales, and double your ROI faster than you can say "Instagram sensation." So, if you're not utilizing Stories ads, you might as well be leaving money on the digital table – and nobody wants that, darling.

Business Usage

  • 1/3 of the most viewed Instagram Stories are from businesses
  • Brands post an average of 2.5 Stories per week
  • 36% of businesses use Instagram Stories for product promotion
  • 50% of businesses on Instagram have created at least one Story
  • 1 in 3 of the most viewed Stories come from businesses
  • 50% of businesses worldwide create Stories on Instagram

Interpretation

In the ever-evolving world of social media, it seems that businesses have become the main protagonists of Instagram Stories. With 1/3 of the most viewed Stories coming from brands and an average of 2.5 Stories posted per week, it's clear that companies are utilizing this platform as a powerful tool for engagement and promotion. Whether it's showcasing products, sharing behind-the-scenes glimpses, or simply connecting with their audience in a more authentic way, businesses are certainly making their mark in the Instagram Stories universe. From the small mom-and-pop shops to the global corporations, it seems like everyone is jumping on the Story bandwagon, proving that when it comes to storytelling, businesses are now the storytellers-in-chief. Welcome to the age of brand storytelling 2.0!

Content Strategy

  • Stories with a location sticker get 79% more views
  • Stories with a mention of another account get 56% more views
  • Stories with a hashtag get 12.6% more views
  • Stories with a question sticker get 4x more views
  • Stories with a poll sticker get 3x more views
  • Stories with a countdown sticker get 3x more views
  • Stories with a quiz sticker get 2x more views

Interpretation

In the cutthroat world of Instagram Stories, it seems that the key to capturing attention is all about accessorizing your content. Much like a well-dressed socialite, Stories adorned with location stickers, mentions, hashtags, and a plethora of interactive stickers are the talk of the town, drawing hoards of eager viewers. It appears that in the fast-paced realm of scrolling, a little bit of flair and engagement can go a long way in making your story the belle of the ball, or at least in getting it a front-row seat in the social media circus. So, remember, in the world of Instagram Stories, it's not just about what you say but how you say it that can make all the difference in capturing that coveted spotlight.

Marketing Impact

  • 62% of people say they have become more interested in a brand or product after seeing it in Stories
  • 58% of people say they have become more interested in a brand after seeing it in Stories
  • 83% of Instagram users discover new products or services on the platform

Interpretation

In a world where attention spans are shorter than a TikTok video, Instagram Stories seems to have cracked the code on capturing consumers' interest. With 62% of people admitting to being more smitten with a brand or product after a fleeting encounter in Stories, it's clear that the platform has become prime real estate for marketers vying for our ever-distracted hearts. And with a staggering 83% of Instagram users stumbling upon new products or services while scrolling, it seems like the Stories feature has transformed from a mere ephemeral distraction to a powerful tool for discovery. So, next time you find yourself impulsively swiping through Stories, remember that you might just stumble upon your next obsession – whether you like it or not.

Usage

  • 500 million Instagram accounts use Stories daily
  • 86% of Instagram users post Stories
  • 70% of Instagram users watch Stories daily

Interpretation

With 500 million Instagram accounts showcasing their daily escapades through Stories, it's clear that for 86% of users, sharing their coffee order or cat videos is practically a reflex. And with a whopping 70% of the platform's audience tuning in to watch these mini soap operas unfold, it seems like we're all hooked on this never-ending cycle of ephemeral content. So, whether you're a serial Story poster or an avid viewer, one thing's for sure: these disappearing snapshots are proving to be the hottest trend in the ever-evolving world of social media.

User Behavior

  • Stories are watched in full-screen mode 70% of the time
  • 15-25 year olds spend around 32 minutes a day on Instagram
  • Instagram Stories have a 86% completion rate
  • 1 in 4 Millennials and Gen Z-ers look for Stories of products they want to buy
  • 25% of Gen Z and Millennials use Stories to find products and services
  • Stories have an average reach rate of 5.82% of total followers

Interpretation

In a world where attention spans are shorter than a TikTok video, Instagram Stories have emerged as the undisputed kings of capturing and maintaining eyeballs. With a full-screen mode that beckons you to immerse yourself, it's no wonder that 70% of viewers dive in headfirst. The 15-25 demographic, notorious for its swiping prowess, spends a whopping 32 minutes a day enraptured by the Stories scroll. And with an 86% completion rate, it's clear that once you start, you can't look away. Millennials and Gen Z-ers aren't just watching for entertainment, though – they're on the prowl for their next must-have purchase, making up a quarter of those hunting down products and services via Stories. It seems the Stories feature isn't just a fleeting trend; it's a treasure trove of marketing potential, with an average reach rate of 5.82% reaching font-size developments. Welcome to the cacophony of pixels, where every tap tells a tale.

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