Instagram is testing subscriptions with a handful of USA-based creators, who now can set a monthly price of their choice and unlock a “subscribe” button on their profile. The program will let creators select from eight different price points, starting at 99 cents/month and ranging up to $99.99/month.
The feature aims to enable content creators to earn more money by offering benefits to their most engaged Instagram followers, with users being able to access subscriber-only content and receive alerts of exclusive broadcasts. Through these alerts, they will be able to engage more deeply with the creators as the viewing audience will be smaller. Subscriber badges, another feature part of the rollout, will help fans stand out in the comments of public content, as well as help them to be identified in creators’ message request folders in the inbox.
Sharing the news in a short video post uploaded to his personal account this week, Adam Mosseri, head of Instagram, explained what creators should expect of the new rollout:
“We want Instagram to be the best place for creators to make a living doing what they love. Subscriptions allow creators to monetise and become closer to their most engaged followers, by offering exclusive content and experiences such as Subscriber Lives, Subscriber Stories, and Subscriber Badges. We hope to add more creators to this test in the coming months.”
Currently, the list of alpha creators includes actor and writer @alanchikinchow, who has over 9 million followers on Tik Tok, but is yet to reach 400k followers on Instagram; American basketball player @sedona._, who currently plays for the Oregon Ducks of the Pac-12 Conference; astrologer @alizakelly, who is the founder of an astrology-based dating app; dancer and actress @kelseylynncook; digital creator and producer @elliottnorris (another influencer performing better on a rival app, where he boasts a million followers, whereas his IG account has around 166k followers). Olympic silver medalist @jordanchiles is also part of the selected group testing the new feature. Other USA-based creators selected include Los Angeles-based gymnast and model @jackjerry; spiritual coach @bunnymichael; XR creator @donalleniii; and 26-year-old full-time comedy content creator @lonnieiiv.
Other influencers already used to monetise on social media welcomed the new tool.
“Personally, I am excited about this because it is another way of Instagram helping creators to monetize and make money on the platform. How much this subscription is and the amount of content they (subscribers) get, will be up to you.” – celebrates IG growth coach Brock Johnson.
However, the monetising model is already raising questions from regular content creators on the Meta-owned platform.
“I know it is just going to be a small sample size of creators who get subscriptions. But won’t everyone just subscribe to this first batch of content creators, early, and then be hesitant to subscribe to anyone else once the feature gets launched elsewhere? It will be like when you already have a Netflix subscription and so you are hesitant to get other streaming services because you already pay for one.” – questions Canadian content creator Lucas O’keefe, who has over 200k followers on Instagram.
For Solo Ceesay, Co-Founder and COO at open social marketplace Calaxy, the new feature may end up benefiting Instagram’s revenue more than creators themselves.
“The creator economy as a whole is undergoing an extensive renaissance. We are consistently seeing these Web 2.0 platforms implement new features for content creators to properly monetize their intellectual property, in addition to creating more intimate relationships within their existing communities.
The revenue that advertisers are paying to these big platforms dwarfs that of the value these creators are able to extract from their communities directly. Therefore, on the surface, it appears that content creators stand to benefit greatly from these trends and, while that’s true, let’s not forget that all large enterprises have a singular common goal – to be as profitable as possible – and they will always see out that truth.” – believes Ceesay.
The new Instagram subscriber initiative brings three new features:
Subscriber Lives: Where creators can broadcast exclusive Lives to their subscribers, allowing them to engage more deeply.
Subscriber Stories: Creators can create stories just for their subscribers, allowing influencers to share exclusive content and use interactive story stickers with their most engaged followers only.
Subscriber Badges: Creators will see a subscriber badge next to comments and messages so they can easily identify their subscribers.
Instagram is currently undergoing other tests, unrelated to the new subscribe tools. One of them is the possible return to its original chronological format as, since 2016, the social media platform has ranked content based on how interested its algorithm thinks people are in posts, as determined by a combination of the history of likes and comments.