We know that Instagram is one of the most popular social destinations for users, but brands are following suit. Back in August, Simply Measured, a social analytics firm, discovered that 40% of brands had adopted Instagram for marketing. Since then, brand adoption has jumped a whopping 35% quarter-vs-quarter increase — up to 54% adoption rate as of November 1st.
Instagram crushed all competitors in quarterly growth, thanks in part to the near 100% adoption of Facebook and Twitter. Surprisingly Google+ saw only 5% growth while Pinterest jumped 24% to a 63% adoption rate, just 4 points below Google+. 34% of the brands post at least one photo a week.
One of the most telling items in the SimplyMeasured report is that users are supporting the engaged brands. Of the top brands surveyed 20% had 10,000 or more followers. Brands with 20,000 or more followers jumped 29% as well.
For more information see the SimplyMeasured study.