PROCUREMENT

Instagram for Business: Luxury Brand Edition

Aug 28, 2024

Social Media Platforms

Instagram for Business: Luxury Brand Edition

Luxury brands have recognised the potential of using  Instagram for business to connect with affluent consumers, build brand prestige, and showcase the exclusive nature of their products. With an estimated 1.4 billion active users , Instagram is not just another social media platform; it’s a powerful tool for brands to craft a visually compelling narrative and foster direct engagement with their audience.

As of 2023, 98% of fashion brands are already utilising Instagram for business , and luxury brands are undoubtedly among them. Given Instagram’s highly visual nature, it’s no surprise that luxury brands are thriving on the platform. See below for Miu Miu’s visually-exciting Instagram presence. For those yet to establish a presence, Instagram presents a golden opportunity to reach a vast audience, drive customer engagement and elevate their brand image. 

Miu Miu leveraging Instagram for business

Let’s explore how luxury brands can successfully set up and maximise their presence on Instagram.

THE BENEFITS OF INSTAGRAM FOR BUSINESS

1. Enhanced Brand Visibility

Instagram’s extensive user base makes it an ideal platform for luxury brands to gain visibility. By utilising high-quality images, videos, and engaging content, brands can showcase their products to millions of potential customers, globally. The platform’s algorithm favours content that garners interaction, meaning that the more a brand’s content engages users, the more visible a brand becomes. This organic reach is invaluable for luxury brands looking to maintain exclusivity while reaching a broad audience.

2. Direct Customer Engagement

Instagram offers a unique opportunity for brands to interact directly with their customers. Through comments, direct messages, and interactive features like polls and question stickers in Stories, brands can foster a sense of community and loyalty as well as making the brand feel more accessible to consumers. 

This direct line of communication is particularly valuable in establishing personal relationships. Engagement not only builds brand loyalty but also provides valuable insights into customer preferences and feedback.

3. Showcase of Brand Aesthetic

For luxury brands, aesthetics are everything. Instagram’s visual-first platform allows these brands to maintain and showcase a cohesive brand image that aligns with their luxury status. Whether through curated feeds, Stories, or Reels, brands can communicate their values, heritage, and exclusivity through carefully crafted visual content. This consistent representation reinforces the brand’s identity and strengthens its association with luxury and is therefore vital to remember when using Instagram for business.

4. Influencer Partnerships

Luxury brands often collaborate with influencers to amplify their reach and credibility. Instagram is the go-to platform for influencer marketing, where brands partner with high-profile personalities to promote their products. These influencers, who often embody the lifestyle that luxury brands want to associate with, can introduce the brand to new, relevant audiences and make luxury products more desirable to consumers. 

Such partnerships are instrumental in driving brand awareness and engagement, especially among younger, affluent consumers. See an example from Gucci here, whose partnership with Jannik Sinner garnered high engagement and formed positive connotations for the brand. This collaboration also linked the brand to a huge cultural moment – tennis – helping to appeal to a different cohort of consumers, who may not be the brands’ typical audience.

Gucci X Jannik Sinner

5. Targeted Advertising

Instagram’s advanced advertising tools allow luxury brands to target specific demographics with precision. Brands can create ads tailored to their ideal customers, ensuring that their marketing efforts are seen by those most likely to be interested in their products. This level of targeted advertising is crucial for luxury brands, as it helps maintain exclusivity while reaching the right audience.

HOW LUXURY BRANDS CAN SUCCESSFUL HARNESS INSTAGRAM FOR BUSINESS

1. Utilise Instagram’s Features

To maximise the potential of Instagram for business, luxury brands must make full use of the platform’s features. Stories are ideal for behind-the-scenes content, flash sales, or limited-time offers that create a sense of urgency. Reels can be used to showcase products in action, providing dynamic, engaging content that captures the audience’s attention; as well as allowing for longer-form content, such as interviews with designers or in-depth looks at the craftsmanship behind products. 

For example, brands like Gucci and Louis Vuitton use Reels to highlight new collections or runway shows, creating buzz and driving engagement, see an example here. By consistently using these features, brands can keep their audience engaged and excited about new offerings.

Louis Vuitton Men's A/W '24

2. Optimise Posting Times

Timing is crucial when using Instagram for business. Luxury brands should analyse when their target audience is most active and post accordingly. 

Typically, the best times to post are during lunch hours (11 AM – 1 PM) and evenings (7 PM – 9 PM). However, this can vary depending on the target demographic. Using Instagram’s Insights tool, brands can monitor engagement metrics to determine the optimal times for their specific audience.

3. Create High-Quality Content

Content is king, especially for luxury brands using Instagram for business. High-quality images and videos that reflect the brand’s exclusivity are essential. Brands should focus on creating content that not only showcases products but also tells a story. 

Whether it’s the craftsmanship behind a product or the heritage of the brand, storytelling through visual content resonates well with audiences. This approach has been successfully employed by brands like Chanel and Hermès, who consistently produce visually stunning content that reinforces their luxury status, see here

Chanel

Creating out-of-the-box content has also proven successful for brands, such an Jacquemus’ CGI generated posts. Capturing attention in a saturated market can be a challenge, so ensuring your content stands out one way or another is essential to luxury brand strategies on Instagram.

Instagram for business: Jacquemus GCI campaigns

4. Build a Community

Building a community when using Instagram for business is about more than just gaining followers; it’s about creating a loyal customer base. Luxury brands can achieve this by engaging with their audience through comments, likes, and shares. Hosting exclusive online events, Q&A sessions, or live streams can also help in building a strong community. Additionally, creating a branded hashtag encourages user-generated content, allowing customers to feel like part of the brand’s story.

5. Leverage User-Generated Content (UGC)

User-generated content is a powerful tool on Instagram for luxury brands. Encouraging customers to share their experiences with your products not only builds trust but also provides authentic content that resonates with other potential customers. It’s also a cost-effective way of obtaining content to repurpose for marketing purposes!

FAQ’s 

What is the most followed luxury brand on Instagram?

As of 2024, Chanel holds the title as the most followed luxury brand on Instagram, with 59.9 million followers. The brand’s innovative use of the platform, including collaborations with influencers and consistent high-quality content, has helped it maintain a strong presence.

How often do luxury brands post on Instagram?

Whilst this is dependent on the brand and may fluctuate throughout the year depending on campaign schedules, controversies, big events like fashion weeks etc … Luxury brands typically post on Instagram at least once a day, though some post multiple times. Like everything, consistency is key, and regular posting keeps the brand top-of-mind for followers, helping to maintain engagement rates and maximise marketing efforts.

Our influencer marketing agency and social agency are located worldwide, with our agency network based in the USA, UK, UAE and China.

If you want to find industry insights, visit our influencer marketing and social media blogs.

@sociallypowerful

Author

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Shannon Maher

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