Instagram offers various ad types that businesses can utilize to reach their target audience and promote their products or services. 

Each ad type has its unique benefits and can be used strategically depending on the campaign objectives, target audience, and content format preferred by the business. Instagram ads can effectively reach a large and engaged user base and drive business results with different cost types and their corresponding ad types. 

Here’s a list of ad types that fall under each cost type on Instagram:

Cost per click (CPC):

• • Photo/Image Ads:
    These ads allow businesses to create ads using a single photo. They are an essential and affordable option for advertising on Instagram.
  • Video Ads:
    Instagram allows businesses to create video ads in square or landscape format. Video ads can be effective for showcasing products, telling stories, or providing valuable content.

Cost per thousand impressions (CPM):

• • Carousel Ads:
    Carousel ads enable businesses to showcase multiple images or videos within a single ad. Users can swipe through the carousel to view different content, making it ideal for showcasing product features, step-by-step tutorials, or brand stories.
  • Stories Ads:
    Instagram Stories ads appear in the Stories section and provide a full-screen, immersive ad experience. These ads can include images, videos, or carousel formats.
  • Collection Ads:
    Collection ads are designed for e-commerce businesses and allow them to showcase a collection of products within a single ad. Users can browse through the products and make purchases directly from the ad.
  • Explore Ads:
    Instagram Explore ads appear in the Explore section, allowing businesses to reach a wider audience and attract potential customers based on their interests.
  • Reels Ads:
    Reels ads are short, engaging videos that appear in the Reels section. Businesses can create Reels ads to entertain, inspire, or promote their products or services to the Instagram community.