According to a new study by SumAll, Instagram is the “clear winner” as the best platform for brands for 2013, beating out Facebook, Twitter, and Google+. Why? Because Instagram’s increases in fan and follower engagement is almost triple those of the other platforms, said SumAll CEO Dan Atkinson. “If a company has a visual product to sell and it’s currently not on Instagram,” Atkinson said, “that company is missing out on significant brand awareness and revenue.”
For businesses that use all four networks, Instagram showed the largest increase in new followers and engagement. The revenue impact of Instagram for U.S. businesses ranged from 1.5 to 5 percent.
With Facebook and Twitter becoming the big players, look for other platforms like Instagram, Vine, Tumblr, and Pinterest. And soon we’ll be talking about networks that don’t exist today. Which brand do you think is best for businesses and nonprofits?