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Instagram's impact on businesses is significant, with 80% of users basing purchasing decisions on a company's Instagram. Despite the low average engagement rate, it's crucial for companies to use Instagram as a support channel, as 34% of customers use it to contact businesses.
Instagram is a social media network that can make or break a company. HootSuite reports that 80% of Instagram users base their purchase decisions on what a company’s Instagram looks like.
Customers often check the comments section of different posts to see what others say about the business and its products. Customers also tend to make judgments about companies based on whether they respond to customer comments.
Even though some companies have low engagement rates on Instagram (the average engagement rate for an Instagram post by a business account is 0.96%), it’s still essential for them to have an Instagram account and use it like any other support channel. According to industry research, 34% of customers use Instagram to contact businesses, so it’s essential to cater to this audience.
Your company’s Instagram influences
of Instagram users’ decision to buy your product or service.
HootSuite
The average engagement rate for an Instagram post by a business account is
HootSuite
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