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The State of Social Media Marketing: Facebook vs. Instagram in 2020
The State of Social Media Marketing: Facebook vs. Instagram in 2020
Facebook and Instagram serve as the de-facto leaders in social media What does it mean to have a “current” understanding of Facebook and
advertising when it comes to usage and volume - more than 6 million Instagram? As both platforms evolve their feature set, consumer behaviors
marketers leverage Facebook and Instagram in their marketing campaigns and demographics shift, and marketers adjust their strategies in response,
and no other social network comes remotely close to matching the paid the landscape of both paid and organic social on either platform is constantly
spend on these two platforms. When it comes to organic content and the changing.
from Q1 2019 - Q1 2020 to uncover the latest trends and insights that
are crucial for marketers to understand if they want to find success
Key Point: The sheer dominance of Facebook and Instagram when it leveraging social media in 2020.
comes to both paid and organic social means that it is crucial for successful
marketers to have a comprehensive and current understanding of both This report will also review the current (Q1 2020) distinctions between
platforms and how they differ. Facebook and Instagram that are important to consider in order for marketers
and brands to:
Facebook
Ad and Campaign Objectives
21
22
Shift in Paid Spend Towards Instagram
9
12
Instagram TV
14
Algorithm Changes
16
Instagram 1B
$3.64 Billion out of $27.638 Billion (15.4%) $20 billion, out of $70 billion for Facebook as a
whole (28.6%) One of the biggest trends covered by almost every marketing publication
over the past 2 years has been the shift in total ad spend from Facebook to
Instagram, a trend that continued at a far more blistering pace in Q4 of
2019 compared to previous years.
We can look at Socialbakers’ data from the past year (with metrics compiled
2016 2019 from the top 100,000 branded accounts across all social media channels),
and see that this trend is tied to positive shifts in engagement and reach
metrics for Instagram over the past two years. Despite the impact of
COVID-19 in Q1 of 2020, the existing trends in overall engagement and
reach established in 2019 continued into 2020.
To the right, we can see an example of Disney cross-posting the same post
onto both Instagram and Facebook. In addition, this was Disney’s top
performing post in terms of engagement on both platforms. For two identical
posts published at the same time, the number of interactions was
dramatically higher on Instagram compared to Facebook.
E ngagement on Instagram
Ecommerce 17.0% Continues to Pull Away
from Facebook (cont)
Retail 13.8%
Services 8.8%
Fashion 8.1%
Auto 5.9%
Electronics 5.6% Almost 30% of Facebook’s interactions fall under the category
FMCG Food 5.3% “other”, while Instagram’s engagement is more concentrated among a
Finance 5.1%
select number of industries.
Others 30.4%
Ecommerce 18.0%
Beauty 11.7%
Auto 10.4% The fact that there are industries that see top 8 levels of engagement on
Retail 9.6% Facebook but almost none on Instagram gives a clear sign that certain
Electronics 4.5% spaces have not found success on Instagram and are not leveraging the
Sporting Goods 4.1% platform.
Services 3.7%
Others 12.0%
Regardless, Instagram’s continued dominance over Facebook when it
comes to engagement has led many to shift their spend to the newer
platform, especially in E-Commerce where Facebook is losing ground.
Chart Time Range: January 01, 2020 - March 31, 2020; Sample: Facebook Brands Pages & Instagram Brand Profiles Worldwide; Source: Socialbakers data Facebook vs. Instagram in 2020 7
Key Trends and Developments
Audience Size on
Instagram Surpasses
Facebook for Top Brands Total Audience Total Posts Total Interactions
While Instagram leads in engagement and audience size, brands still post
more on Facebook. The platforms differ in how users interact with them,
with Facebook often being the choice for more informative content - in
addition, there are industries that likely don’t leverage Instagram at all.
Chart Time Range: January 01, 2019 - March 31, 2020; Sample: 50 Biggest Facebook & Instagram Brands Profiles Worldwide; Source: Socialbakers data Facebook vs. Instagram in 2020 8
Key Trends and Developments
wards Instagram
Relative Spend by Platform Position
60
Despite Instagram’s dominance in engagement and reach, the Facebook
News Feed has historically captured the majority of relative ad spend and
Relative Spend (in %)
50
still does as of Q1 2020. However, in the past two quarters there has been a
40
slight decline in Facebook’s share of ad spend, with more budget being
allocated towards Instagram’s offerings. The chart to the left illustrates the
30
The Facebook News Feed still saw the largest percentage of relative spend
10
0
by a sizable margin at 58%, however this figure is down from the previous
Feed Feed
Stories
Video Feeds
Instream Video
two quarters (60% and 62.3% respectively). Both the Instagram Feed and
Instagram Story ad placements are beginning to take a larger share of
Facebook Instagram Instagram Facebook Facebook
Relative Spend
the pie, combining to make up 28.7% of relative ad spend.
Chart Time Range: February 1, 2020 - March 31, 2020; Sample: All Ad Accounts Benchmark; Source: Socialbakers data Facebook vs. Instagram in 2020 9
Key Trends and Developments
Rapid Growth
of Instagram Stories
Although Facebook remains dominant in terms of relative ad spend, these
figures don’t put into context the rapid growth of Instagram Stories. Overall,
the spend on Instagram Stories increased by 40% compared to the
previous year, and by 91% over the previous two years.
250
#BlackoutTuesday was a coordinated boycott of social media and business
activity in a demonstration of solidarity with the Black Lives Matter
movement. Taking place on June 2nd of 2020, the chart to the right clearly
150
highlights to what extent US brands stood up to support the movement.
100
Ad spend in North America decreased dramatically on June 2nd, before
recovering in the following week. Globally, the same trend was observed but 50
Chart Time Range: 1st January 2020 - 27th June, 2020; Sample: Socialbakers Suite Benchmarks.; Source: Socialbakers data Facebook vs. Instagram in 2020 11
Key Trends and Developments
On June 17th, the advocacy group Stop Hate for Profit called on brands to
pause their ad spending on Facebook in July, demanding that the company
address concerns over racism and misinformation on its platform. As of
June 30th, over 100 brands have pledged to participate in the boycott
including Coca-Cola, Unilever, Verizon, and Ford.
It’s safe to say that both ad spend and Facebook’s revenue will see historic
lows in the month of July - Unilever alone spent more than $42 million on
Facebook advertising in 2019. A running list of participating companies can
be found on Stop Hate for Profit’s website, in addition to resources detailing
how both consumers and businesses can contribute to their cause.
Although IGTV viewership figures are not made public, the addition of
features promoting IGTV have led to increased views for creators and
brands alike. For example, the leftmost video was only uploaded to
IGTV, while the video on the right was cross-posted to Sephora's feed
- the difference in engagement is huge.
Instagram Shops
Instagram checkout was first released in July 2019, with a limited rollout to As we saw in our section on engagement, the beauty industry has boasted
certain brands. Now the feature is available to all brands who sell physical the highest average engagement rate on Instagram while E-Commerce takes
goods in the U.S market.
Algorithm Changes
In addition, over the past 2 years Facebook executives have been pitching
While old news, Facebook made key changes to their newsfeed algorithms
the importance of Instagram Stories to shareholders. Looking at transcripts
in 2018 with the goal of prioritizing content posted from friends and family
of quarterly Facebook earnings calls between Q3 2018 and Q1 2020,
and reducing the amount of content shown from businesses and brands.
Instagram Stories has been mentioned over 200 times.
With Facebook owning both social networks, it’s clear that they have been
promoting and encouraging brands to spend more on Instagram. Since the
feature launched, Facebook has constantly emphasized the importance of
the vertical to its advertisers and brand partners.
Instagram have become more distinct. Understanding the Monthly Active Users 2.5 B 1B
general differences between audiences on Facebook and
Instagram is crucial for marketers so they can make the right
Largest Age Cohort 84% of 25–30 75% of 18–24
decisions when choosing what platform to utilize for specific year olds use year olds use
Facebook Instagram
marketing goals. Although both platforms offer robust
targeting for promoted content, it’s still always important to
understand the broader context and “big picture” breakdown User Location India: 280M
U.S.: 120M
U.S: 190M
India: 88M
Indonesia: 130M
Brazil: 82M
Here are some figures that will allow you to get a general idea
of the “who” when it comes to both Facebook and Instagram Average Time Spent on Platform 58 min 53 min
Source: venturebeat.com, techcrunch.com, www.statista.com, www.pewinternet.org, www.mediakix.com Facebook vs. Instagram in 2020 18
Facebook or Instagram in 2020?
Facebook Instagram
Ad Placements
Facebook Marketplace home page or when someone browses In order to take full advantage of Facebook and
Marketplace in the Facebook app. Instagram's potential to engage, it's important to know
Your ads appear within videos on Facebook the different ad formats that are available on each
In-stream Video that are watched both on desktop and on platform and their strengths and weaknesses. Certain
mobile.
ad formats are better tailored to different campaign
Your ads appear in the Home tab of
Messenger Inbox goals - awareness, driving sales, etc.
Messenger.
Your ads appear next to relevant Facebook
Ad Formats in 2020
Facebook Instagram What to use it for:
An ad utilizing a single image with multiple An ad using 1 photo, appearing
Drawing attention to your business or specific products through eye-catching
Single image
placements available on Instagram’s main feed. photographs.
It points to further differences in how marketers set their objectives for the Link Clicks 28.6%
two platforms. For instance, on Facebook, marketers are mostly paying for Reach 20.0%
Post Engagement 19.5%
engagement, which we know has declined over past years, while on
Conversions 9.8%
Instagram, where engagement is still free, marketers are paying for user Video Views 8.7%
action further down the funnel. These differences again show that both Brand Awareness 6.3%
platforms require a tailored advertising strategy. Prod. Catalog Sales 2.2%
Lead Generation 2.2%
Messages 1.2%
Others 1.5%
Chart Time Range: January 01, 2020 - March 31, 2020; Sample: 4,676 Facebook Advertising Accounts; Source: Socialbakers data Facebook vs. Instagram in 2020 21
The Takeaway
The Takeaway
When we look at this data in the context of the trends uncovered in the first section of
this report, we can come to the conclusion that in general, Facebook is great for driving
sales and conversions while Instagram is better for brand marketing and awareness.
While they share many similarities and are managed from one platform, Facebook and
Instagram must be viewed as distinct channels requiring their own unique strategies.
As two of the world’s largest social networks that also reside at the forefront of
technology and innovation, Facebook and Instagram will continue to evolve in response
to changing consumer desires and sentiments. It’s key for marketers to maintain a
comprehensive and current understanding of these platforms in order to stay effective.
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