Business Model of Instagram
Introduction In the modern business world, the success of a business is greatly influenced by the Business Model adopted. A business model can be simply described as a program that details on the ways and means through which a business intends to generate profits from innovations (Slideshare 1). Instagram is an example of a business which has a well defined program through which it is supposed to make business gain (Griffin and Media para 2). Instagram as a brand is a universal online website and mobile application which allows users to communicate and store information by uploading and sharing photos and videos. The application also ...
