It's a double-header of 10-year anniversaries this week. Omar Oakes and Jeremy Lee discuss Byron Sharp's recent 北京赛车pk10 interview, in which he criticised the聽"embarrassing arrogance" of marketers that would think people were interested in what they had to say about the coronavirus. Sharp's seminal marketing text How Brands Grow was published in 2010.
Sarah Frier, the Bloomberg News reporter,聽recently and reveals how the globally popular social media brand has evolved and its founders have struggled to retain control since being acquired by Facebook in 2012, just two years after launching in October 2010.
"Instagram is this incredible force in our culture, in our lives, and we know so little about what happened after being acquired by Facebook," Frier said, having relied on insider accounts to tell a story of how Instagram's co-founders were intent on keeping the platform simple despite Facebook's demands to increase engagement or take on challenger platforms like Snapchat and TikTok with new features.
She recalled: "When Instagram took on Snapchat and created Stories, that was a fierce debate internally. People thought: 鈥榃hy doesn鈥檛 [co-founder] Kevin Systrom get it that it鈥檚 important that we build something like this, because people are facing too much pressure on Instagram to have a beautiful perfect life and that鈥檚 bad for business because they鈥檙e posting less.'"
Now Instagram is doing the same with Reels as a response to the growing popularity of Tiktok, Frier explained: "What Mark Zuckerberg is trying to do with Instagram and Reels is solving a business problem as opposed to a solving a user problem and this is something that鈥檚 really frustrating to employees at Instagram who talk to me."
Running order:
1:24 - Byron Sharp
7:15 - Elvis joins growing list of agencies leaving the office
11:00 - Interview with Sarah Frier: Instagram at 10 and what's next
38:55 - Ads review: John Lewis Home, Mercedes-Benz, and Nokia.
This episode was hosted by Omar Oakes and produced by Ben Londesbrough.
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