Mechanisms for Promoting and Monetizing Accounts of Commercial Organizations on Instagram
The authors analyzed and explored the promotion mechanisms as well as looked at the ways of monetizing multimedia content on Instagram. We discovered that organizations are using both the classic techniques for creating communication channels with their audience and most modern ones. The analysis was carried out during the peak of the COVID-19 pandemic in 2020. Eight Russian and foreign Instagram accounts of commercial organizations were taken for the study. The main criterion for choosing blogs was the number of subscribers as of 04/02/20–05/04/2020. We analyzed the marketing strategy of the following accounts: “kingarthurflour”, “intel”, “dictionarycom”, “pyaterochka_official”, “magnitkrd”, “traderjoes”, “respublica_ru”, “sberbank”. This sample is purposefully compiled in such a way as to comprehensively study how old and new Internet marketing tools are used to promote blogs specializing in different goods and services. We described in detail the techniques for promoting audiovisual and textual content. The reasons for the erroneous SMM marketing strategies are explained and examples of effective ones are shown. The main methods of monetization of media production are also presented and typologized. The relevance of this work lies in the need to show the advantage of SMM tools and discover previously unknown ones — for successful marketing in one of the most massive social networks. The study found that the appropriate selection and competent use of SMM technologies have a positive effect on promotion and monetization.