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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