High risk
Instagram
Summary
Photo and video sharing app with features for sharing and promoting content via organic posts and advertising.

Parent organisation: Facebook
Type of organisation: Publicly listed group / parent co.
Market share: One of the leading products (#3-7)

Pricing: Highly variable depending on scale, from $1 to millions.
Factors driving pricing: Additional features, More audience (e.g. more subscribers, traffic), Ability to whitelabel or customise
Skills needed to set-up: Plug & play (any non-technical user can do it)
Skills needed to use: Plug & play (any non-technical user can do it)
Requires audience sign-in to use: Yes, sign-in compulsory
Pros
Open Source alternatives available
Shares product roadmap
Transparent pricing model
Plain English TOS
Clear data policies
Allows data export
Allows data deletion
Cons
Newsworthy business problems - Federal regulators are considering blocking Facebook from combining WhatsApp, Instagram and its other apps
Newsworthy technical issues - Instagram down: Hundreds of users across the UK complain app is not working, Facebook, Instagram restores service after major outage Newsworthy technical issues -
Newsworthy security breaches - Instagram website leaked phone numbers and emails for months, researcher says, This article is more than 1 year old Facebook says nearly 50m users compromised in huge security breach, Instagram Just Revealed That Hackers Infiltrated ‘High-Profile’ Accounts

Full Product Data Collection

Data collected January-February 2020

Product nameInstagram
Product URLhttps://www.instagram.com/
Parent organisationFacebook
Workflow categoryAudience engagement & monetisation
Date product founded2010
Product descriptionPhoto and video sharing app with features for sharing and promoting content via organic posts and advertising.
What type of company or organisation is the product owned by?Publicly-listed company (or group)
Is the company profit-making?Yes, profitable
How is this product funded?Advertising
What market share does the tool have?One of the leading products (#3-7)
Is there an Open Source alternative in this product space?Yes. PixelFed
When did the company last release new features?December 2019: Layouts feature in Stories.
Have they shared details of the product roadmap?Yes. Detection of offensive language and bullying in comments (gradual rollout)
Is there talk of the product raising further investment?No
Is there talk of the product being acquired?No
Have there been any newsworthy business issues or challenges in the last 12 months?Yes. Federal regulators are considering blocking Facebook from combining WhatsApp, Instagram and its other apps
Is there a pricing model listed on the website?Product is clearly listed as free
How clear & transparent is this pricing model?N/A no pricing model listed
What is the range of prices offered?Highly variable depending on scale, from $1 to millions.
What factors drive higher pricing?Additional features, More audience (e.g. more subscribers, traffic), Ability to whitelabel or customise
What skills are needed to get this tool set up & usable?Plug & play (any non-technical user can do it)
What skills are needed to USE this tool day-to-day?Plug & play (any non-technical user can do it)
Does this tool use proprietary file formats for saving documents & outputs?Cannot tell
Is the product reliant on 3rd-party APIs or interoperability to function?No, but Facebook plans to merge the tech stack for its messaging apps, including Instagram, soon.
Have there been any newsworthy technical issues in the last 3 years?Yes. Instagram down: Hundreds of users across the UK complain app is not working, Facebook, Instagram restores service after major outage
How clear is the Terms of Service for users (i.e. publishing customers)?Simplified, plain English TOS
Does the product have a data collection & usage policy on its website? (Can be a GDPR statement)?Yes, comprehensive.
Is their data policy “GDPR everywhere”?GDPR unclear on these details
Does the product require your audience to sign-in to use it?Yes, sign-in compulsory
IF SIGN IN REQUIRED: Does audience sign-in use 3rd party platforms?Yes. Facebook authentication
Does the public product website mention how to export or transfer your data to another service?Yes: Audience can data export, Yes: Export publisher metadata, Y: Export/transfer publisher content
Does the public product website mention how to delete your data?Yes: for both publisher and audience data
Have there been any newsworthy security breaches with this product in the last 3 years?Yes. Instagram website leaked phone numbers and emails for months, researcher says, This article is more than 1 year old Facebook says nearly 50m users compromised in huge security breach, Instagram Just Revealed That Hackers Infiltrated ‘High-Profile’ Accounts
Does the company have an accessibility statement on its website?No / cannot find
Does the company release information on the diversity of the workforce?Yes