Instagram tries to promote IGTV to continue adding users to this tool. With a new design and accessibility, it makes a more immersive experience
IGTV is an Instagram extension, it can be found on Android devices or in the apple store, although its download is not necessary since to view its content it can be done from the Instagram application itself.
Created in 2018, it has an approach for creators of popular content and give a personalized experience of videos in profiles.
Promising to be competition for YouTube, IGTV did not exceed expectations in its beginnings. With a figure of one billion users, just seven million used its features.
These data have led to certain modifications being made within the application to increase its use, which have been visible, increasing its use by 70% in the last month.
The changes they have made within the IGTV Instagram extension have been mainly for the purpose of making the experience more enjoyable for the user, with the possibility of having more content of interest at their disposal.
Already in the early days of the creation of IGTV they discussed the possibility of creating some monetization for content creators.
At the moment the first developments are being made, but what the creators of Instagram IGTV really intend to promote is the creation of content and create a better offer for all users of the application.
There is still no exact date when the monetization will start within the application, but it is true that when they have already announced that the possibility will exist, it is very close to being carried out.
Instagram has confirmed the addition to its team of a large selection of content creators, to work on in-stream ad tests for the IGTV video platform.
Although the requirements that IGTV will request to be able to monetize user accounts have not yet been published, it is speculated that they will be similar requirements to those of Facebook.
Some of the requirements that Facebook sets are a minimum of 10,000 followers and 30,000 visits lasting more than one minute. In this way it allows to monetize the videos, giving its creators 55% of profits for including advertising in the videos.
Although it is the monetization model of YouTube which is a reference for social networks and platforms since it is one of those that has been working for the most years and the one that generates the most content in videos.
The requirements that YouTube sets to have them in reference are 1,000 subscribers and a minimum of 4,000 hours of viewing the profile videos in a year. YouTube pays 55% of the billing to affiliated youtubers.
Instagram generated a total of $ 20 billion in 2019 from advertising revenue of which it has not yet distributed. It is already true that sponsored influencers are paid directly by brands, thus obtaining some benefit.