Instagram is realizing it’s not so easy to knock off TikTok
CNNCNN Business — It took less than six months for Instagram’s Snapchat clone to catch up to its rival’s audience size and be credited with stunting Snapchat’s user growth just as the company prepared to make its Wall Street debut in 2017. “TikTok is light years ahead of Reels,” said Evan Asano, CEO of influencer marketing agency Mediakix, referring to TikTok’s powerful content recommendation system and the fact that the app is far more focused than Instagram’s, which has a growing list of competing video offerings. But Instagram Reels largely remains a home for TikToks’ greatest hits, with many people reposting popular TikTok videos with the platform’s trademark watermark to Reels. People are so indulgedin this environment of TikTok, they’re not ready to transition to another platform like Reels.” It’s not the first time Instagram has struggled to gain traction with video. TikTok’s simplicity gives it a “big advantage,” said Mediakix’s Asano, adding that Instagram now has shopping capabilities, Stories, Reels and other video formats, which he feels end up competing with each other.