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How to Change Your Business Settings on Instagram: The Complete 2023 Guide

Instagram has grown exponentially since launching in 2010, from a simple photo-sharing app to a powerful business marketing platform.

As Instagram continues evolving to meet demands of brands and creators alike, business profiles enable more control over content, analytics, advertising, commerce capabilities, and communication tools.

But with great power comes great responsibility. Successfully configuring your business profile involves understanding numerous settings.

This comprehensive 2023 guide will explain why business settings matter, walk through conversion step-by-step, break down each setting, and share optimization best practices.

Let‘s dive in!

Why You Should Switch to an Instagram Business Profile

Since rolling out business profiles in 2016, Instagram has continued expanding their capabilities:

Launch Year New Business Profile Capabilities
2016 Ad promotions, analytics insights
2017 Contact options
2018 Shopping tags
2021
  • Branded content tags
  • Facebook page integration
  • Group messaging

Consumer demand fuels Instagram‘s focus on business features.

Recent statistics state:

  • 500+ million Instagram users interact with shopping content monthly
  • 130+ million Instagram users tap on shopping posts to learn more
  • The number of Instagram business profile users grew over 15% year-over-year as of 2022

Brands switching to business profiles gain advantages including:

πŸ’° Monetization via advertising, shoppable posts

πŸ“ˆ Actionable metrics like reach, engagement rates

πŸ“£ Connecting with followers via messaging, sales channels

🀝 Partnering with influencers for branded content

The algorithm also started favoring business profiles more, understanding people want to engage with brands.

Conversion sets you up for current and future success as Instagram develops more business-friendly features.

Converting to an Instagram Business Profile

Hopefully you‘re convinced of the benefits – now let‘s get into the step-by-step process!

Here are the core requirements Instagram enforces to upgrade:

βœ… Have a personal account in good standing

βœ… Abide by Instagram‘s professional content policies

βœ… Be eligible to monetize with ads based on content strategies

Assuming you meet guidelines, here we go:

  1. Open Instagram and tap your profile picture
  2. Select the 3 line menu icon and choose Settings
  3. Tap Account -> Switch to Professional Account
  4. Pick Business as the category
  5. Follow the on-screen instructions

And voila! Access unlocks to analytics, shoppable tags, messaging channels, and more.

Instagram will also prompt connecting a Facebook business page. I recommend doing so for integrated insights across apps.

You can always change back to personal accounts from account settings. But let‘s now examine why you won‘t want to!

Breaking Down Instagram‘s Business Settings

Business settings empower managing capabilities unique to professional accounts. But with 17 total options, where do you even start?

I‘ll summarize what each controls in the sections below. Tap links to skip directly to what interests you!

Ad Payments

Manage payout info, billing history for promoted posts

Branded Content

Enable partnerships, analytics on collaborative posts

Branded Content Ads

Amplify influencer posts as ads to wider audiences

Response Suggestions

Configure auto replies to common questions

Saved Replies

Craft pre-written responses to engage customers

Frequently Asked Questions

Add an FAQ section prominently on your profile

Welcome Message

Send a custom greeting to new followers

Connect Business Profile

Merge or disconnect Facebook business pages

Minimum Age

Set age limits for content visibility

Monetization Status

Check earnings eligibility and next steps

Help Setting Up Shops

Access resources on setting up commerce capabilities

Now let‘s explore specifics within each menu.

Ad Payments

Promoting Instagram posts as ads unlocks immense potential to:

  • Reach new audiences
  • Drive traffic to your website
  • Boost engagement
  • Sell products directly

However, Instagram requires configuring billing details before enabling advertising.

The Ads Payments menu allows you to:

πŸ”Add/change payout account info

πŸ“„ Access billing history and download invoices

πŸ‘₯ Specify other users permitted to manage payments

Tidying up financials here streamlines launching and scaling ad campaigns later.

Top tip: Create an Instagram ads manager Facebook role for easier collaboration!

Branded Content

User-generated content delivers 4x higher conversion rates compared to brand created assets.

Instagram‘s branded content features formalize influencer partnerships directly within the app.

Capabilities include:

✏️ Tagging collaborators in posts

πŸ“Š Viewing content performance analytics

πŸ™‹β€β™€οΈ Whitelisting accounts permitted for tagging

Standardizing rules for sponsored partnerships protects both brands and creators. Instagram can also enforce branded content policies and tracking on the backend.

According to Forrester Research, the majority of marketers plan to increase influencer marketing budgets in 2023.

Get ahead of trends by configuring branded content settings today!

Branded Content Ads

Expanding upon standard branded content, Instagram now allows promoting user-generated posts as ads to expand reach.

Brands simply amplify creator content, then split generated revenue.

Settings around managing branded content ads include:

πŸ“ˆ Performance analytics

🎨 Content tagging rules

πŸš€ Distribution targeting parameters

Early experiments already produced stellar results:

  • 2x more cost efficient than average Instagram ads
  • 13% higher relevance scores
  • 79% above average click-through rates

As Instagram rolls out more branded content formats like Reels, capabilities will scale further.

Response Suggestions

Juggling tons of comments and direct messages across Instagram can be chaotic for brands.

Instagram‘s automated response suggestions analyze conversations and recommend relevant canned replies to save time.

You can customize suggestions based on:

πŸ’¬ Message category like shipping, events info

πŸ™‹β€β™€οΈ Tailoring replies to specific handled accounts

Curating responses to common questions allows delivering 1-to-1 conversations at scale.

Instagram is even testing promoting response suggestion messages as IGTV ads to assist more customers.

Saved Replies

Similarly, Saved Replies enable creating libraries of pre-written responses to reuse in future exchanges.

Benefits include:

⏱️ Faster response times

πŸ”„ Consistent messaging across team members

From the Saved Replies configuration dashboard, you can:

✏️ Draft new custom responses

🏷️ Categorize replies by topic

πŸ—‘οΈ Delete outdated responses

Saved replies boost productivity for both small businesses and large enterprises managing huge volumes of Instagram conversations.

Frequently Asked Questions

Instagram’s FAQ stickers help identify and transparently answer common audience questions before they ask.

Display FAQs prominently on your business profile by:

❓ Adding/editing question + answer pairs

🎨 Customizing background colors

πŸ’‘ Creating an interactive experienc

FAQ stickers demonstrate responsiveness and build trust with customers. Driving engagement to FAQs further helps Instagram understand popular topics to train AI response suggestions.

Welcome Message

What better way to greet new followers than with a customized welcome message?

Instagram‘s automated direct messaging enables:

πŸ’Œ Creating / editing the message copy

βš™οΈ Configuring triggers like first-time follows, profile visits, use of certain hashtags or mentions

🎯 Defining audience criteria such as age, gender, language

Welcome messaging personalizes introductions while identifying high-converting leads. Promoted message ads additional enable nurturing recent sign-ups into loyal customers.

Connect Business Profile

The connect business profile menu serves as command station for:

🚦 Converting personal accounts to business

πŸ”— Associating Facebook pages

πŸ›οΈ Activating shopping capabilities

Use this dashboard for managing all things related to:

  • Switching Instagram account types
  • Merging cross-app presences
  • Becoming shopkeeper approved

Minimum Age

Instagram enables restricting appropriate content visibility by age in 2 contexts:

Profile Minimum Age

  • Requires providing birthdate before viewing profile content

Ad Targeting

  • Specifies age range for ad viewing

This prevents exposing young audiences to sensitive material in your content or promotions.

Minimums configured here override any age suggestions Instagram derives from hashtags or captions used in posts.

Monetization Status

Wondering if you qualify to earn money from Instagram content? The monetization dashboard answers:

  • Eligibility for Instagram Partner Program

  • Application status

  • Missing requirements and next steps

Criteria involves having:

  • Substantial following and engagement

  • Original content adhering to rights management policies

  • A presence outside of Instagram

Review frequently to ensure compliance with commercialization policies as they evolve.

Help Setting Up Shops

In-app shops empower showcasing products for users to browse and purchase directly on Instagram.

The setup guide offers resources around:

πŸ›οΈ Connecting ecommerce product catalogs

πŸ‘• Tagging shoppable items from posts

πŸ“ˆ Managing inventory

πŸ’° Reviewing shop performance analytics

With 87% of Instagrammers expressing interest in buying products from brand profiles, setting up shop is a no-brainer!

Optimizing Business Settings for Success

With so many capabilities unlocked through business profiles and settings, it becomes vital to strategize configurations.

Here are my recommended best practices:

Leverage Response Suggestions
Automate replies to the most common questions for faster service. Create saved responses to help scale.

Curate an FAQ Section
Display answers to frequent inquiries directly atop your profile.

Construct Welcome Messaging
Deliver friendly greetings to new followers with triggers and custom copy.

Setup Branded Content Partnerships
Formalize influencer relationships and analytics through tagging. Later promote top-performing posts as ads.

Prepare Billing Details
Input payment information so you can launch ad campaigns immediately as needed to supplement organic reach.

Activate Shopping
Get discovered by people looking to buy and enable frictionless in-app transactions through on-profile shops.

Comprehensively tackling settings today alleviates work tomorrow as your account grows. Spend time perfecting configurations upfront to optimize as Instagram rolls out more tools.

Time to Transform Your Business Instagram Presence

I hope this guide served as your definitive resource for upgrading personal profiles plus navigating and optimizing every business setting.

The takeaway is Instagram business capabilities create competitive advantages for brands. Yet many overlook taking full advantage. Don‘t leave potential reach, revenue streams, or customer connection opportunities on the table!

Were any settings still unclear? Or do you have additional questions before getting started? Let me know in the comments!