By Abhishek Chauhan
October 31, 2022
Instagram Reels monetization with new ad formats
Meta Platforms Inc announced a series of new ad formats on Tuesday, aimed at creating new revenue streams for the short
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video & business messaging products that it has identified as key to growth this year.
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In a blog post, the parent company of Facebook and Instagram said it was starting tests for a new skippable
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"post-loop" video ad format to play after its TikTok-like short video product Reels, which it has been promoting heavily.
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Another new Reels format features horizontally scrollable carousel ads, which can display between two and 10 images at the bottom of a Reel.
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Describing the company's business strategy at a press event, Meta said the new formats could lure Reels creators.
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