Skift Meetings

Instagram Live: What It Means For The Event Industry

  • Facebook just made a statement through an Instagram product release that will re-shape the landscape of social media as we know it.

    Facebook is aiming to kill Twitter and the signs are visible. The ubiquitous platform wants to capture the biggest share market in the live experience. We already discussed how Facebook is taking over events.

    Today they went a step further.

    Instagram Live

    Instagram is the platform that is killing Twitter when it comes to live sharing. While Facebook is still a bit more static, Instagram captures the live moment with a strong visual impact.

    Instagram today made two announcements that impact the way we use the social network.

    First they announced INSTAGRAM DIRECT:

    This is an even stronger take at Snapchat and a direct attempt to gain its user base.

    The second, even bigger and more relevant announcement is INSTAGRAM LIVE:

    Some key facts:

    Opportunities:

    Event Industry Implications

    We are the Live industry and the biggest revolution in social media is happening right now, with major platforms embracing live video.

    Instagram Live is a new tool that many events should consider for quick live video. This is a direct Periscope competitor that is about Now, rather than a Facebook Live competitor which also caters for desktop users.

    It is a product geared towards a different audience. Hence if your event has a stronger Instagram presence you may want to start looking at Live soon.

    The sooner you do it, the better for exposure. New platforms are more permissive when launched and this is a great opportunity to do so.

    In Conclusion

    Instagram Direct and Live are two massive product announcements that you should consider for your event.

    To celebrate the launch, come and follow us on Instagram where we will show live video from IBTM world, where EventMB will coordinate the innovation zone!

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