Connect with us

Tech

What Startups Can Learn From Instagram’s Rapid Growth?

Only 5 years ago, Instagram was nothing more but another online startup. Today however, it is a word on everyone’s lips, so widespread in fact that soon it will enter the dictionaries like Facebook did. It is exactly this incredible performance and future potential of Instagram that made Facebook pay 1 billion dollars in order to acquire it. This may sound to some like a fairytale material but it is more than something real and in this way Instagram drew a pattern for any serious startups to follow. Here is what can be learned from their example.

Focus on Your Target Demographic

Jack of all trades, master of none- claims the old nursery rhyme, however there is often more truth to this than at first meets the eye. The wider your demographic scope may be, more likely you are to miss everyone. Because of this, it is the best course of action to pinpoint a single group as your target audience, and focus exclusively on them. This is pretty much what Instagram did. They focused on millennials exclusively and this simply worked out to be extremely efficient. Maximizing your efforts to reach only one demographic is usually all the startup needs.

What Startups Can Learn From Instagram's Rapid Growth?

Be Realistic About Your Budget

Always try to find balance between your profits and your investments. Although, you might get carried by a momentary success of your business, you always need to observe the long run. Sure, now Instagram has an unlimited budget (being the part of Facebook conglomerate and all) but it was not always so. Keeping it real is the thin line that stands between failure and success and it is exactly here that you will be on your first significant test as a business owner. Because of this, it might even be a good idea to ask for business advice from renowned professionals. A bit of help here goes a long way and when it comes to the future of your business you cannot afford to take any chances.

Focus on Growth

Focusing on growth of your user base is what attracts investors. Although we talked about the budget, there first has to be a budget to begin with. A growing client list is what will get you adds which means that it will get you the money you need to persevere and even succeed. Instagram knows this all too well since even today it is the fastest growing major social network. By targeting millennials exclusively they somehow managed to lure everyone in. Because of this, there is seldom a movie star or celebrity of any kind today without an Instagram profile. This is as brilliant publicity as it gets.

Keep It Simple

Try to describe in one word what is it that you do, and focus all of your capacities on that. This is a genuine Instagram inspired advice. What Instagram does is one thing, but at that particular thing (image sharing and management) they are the best. Everything on their platform and their application is subjected to this single function, processing and uploading pictures. This allowed Instagram to climb their ladders to success in an astounding pace. It does matter what line of work you are in as long as you are best in what you do.

Finally, success takes time. Even to Instagram, it took few years to get to where they are now. For that reason alone, it is an imperative that you arm yourself with patience to endure the bumpy road ahead. Some may think all of this to be too complicated, or too much work, however more often than not it is worth your while. Following an example of a successful startup is as good place as any to start.

Continue Reading

Recent Posts

Should You Buy Real Estate At The End Of 2020 Should You Buy Real Estate At The End Of 2020
Investments3 days ago

Should You Buy Real Estate At The End Of 2020

Experts analyzed the prospects and possible scenarios for the development of events. Residents of the US are warned about the...

How To Be A Confident Person How To Be A Confident Person
Life Hacks5 days ago

How To Be A Confident Person

Attractive, confident, funny, charismatic. These are some characteristics that define an alpha individual. While we all know what the goal...

Why Do Cats Get Diarrhea? Why Do Cats Get Diarrhea?
Pets1 week ago

Why Do Cats Get Diarrhea?

If you’re a pet owner, then you’ll know that one of the most common problems you need to deal with...

Common Reasons For Visiting An Orthopaedic Surgeon Common Reasons For Visiting An Orthopaedic Surgeon
Health2 weeks ago

Common Reasons For Visiting An Orthopaedic Surgeon

Have you suffered regular knee or back pain? Do you feel tired or stiff for a long time after resting...

Best Wholesale Beauty Product Suppliers In 2020 Best Wholesale Beauty Product Suppliers In 2020
Business2 weeks ago

Best Wholesale Beauty Product Suppliers In 2020

Beauty products include a range of goods that are used to care and enhance the appearance of your face, hair,...

Big Things A Digital Marketing Business Conducts Big Things A Digital Marketing Business Conducts
Tech2 weeks ago

Big Things A Digital Marketing Business Conducts

The customary word “ad” is defined as a communication procedure between the group of onlookers and the imminent business moving...

International Shipping In A Global Pandemic International Shipping In A Global Pandemic
Business2 weeks ago

International Shipping In A Global Pandemic

The Covid-19 pandemic completely turned the world on its head, in more ways than one. Beyond the devastating medical challenges,...

8 Ways To Reduce Stoke Risk 8 Ways To Reduce Stoke Risk
Health2 weeks ago

8 Ways To Reduce Stoke Risk

Stroke is the fifth leading cause of death in the United States. To help you understand how severe and common...

Top Whey Protein Recipes To Lose Your Body Fat Top Whey Protein Recipes To Lose Your Body Fat
Lifestyle3 weeks ago

Top Whey Protein Recipes To Lose Your Body Fat

Losing weight and keeping the kilos off is not an easy thing to do. Everything from what you consume to...

5 Amazing SEO Tools to Spy On Your Competitor's Website 5 Amazing SEO Tools to Spy On Your Competitor's Website
Tech3 weeks ago

5 Amazing SEO Tools to Spy On Your Competitor’s Website

So, you’re running an online business, and you surely want your business to get the best results. But, there are...

Keep .eu Domain After Brexit Keep .eu Domain After Brexit
Tech4 weeks ago

Keep .eu Domain After Brexit

Domains are becoming as essential as someone’s own home in the world of internet. Internet users are always looking for...

How To Use Apple Cider Vinegar With Mother To Maximize The Health Benefits How To Use Apple Cider Vinegar With Mother To Maximize The Health Benefits
Lifestyle1 month ago

How To Use Apple Cider Vinegar With Mother To Maximize The Health Benefits

Apple cider vinegar is used in many different household chores like floor washing, cleaning, doing dishes, vegetables and fruits washing,...

8 Tips from Dermatologists For Gorgeous Skin 8 Tips from Dermatologists For Gorgeous Skin
Health1 month ago

8 Tips from Dermatologists For Gorgeous Skin

We all wish of a flawless and glowing skin, but it’s not always easy to figure out the skin care...

Uterine Fibroids: What Are Its Causes, Symptoms, and Treatments? Uterine Fibroids: What Are Its Causes, Symptoms, and Treatments?
Health1 month ago

Uterine Fibroids: What Are Its Causes, Symptoms, and Treatments?

Uterine Fibroids are non-cancerous tumors that develops in a woman’s uterus. They are also called leiomyomas or myomas and appear...

Electric Stove or Gas Stove? Which One is Better? Electric Stove or Gas Stove? Which One is Better?
Home Improvement1 month ago

Electric Stove or Gas Stove? Which One is Better?

While remodeling your kitchen to include some kitchen essentials or buying a whole new house, you might be comparing electric...

Categories

Archives

Trending