Shoppable posts enable businesses to showcase their products directly on Instagram. These posts feature product tags on the items in the images which, when clicked, take consumers directly to the business website where they can make a purchase.

To set up shoppable posts on Instagram, follow these steps:
1. Fulfill the eligibility requirements: Ensure your Instagram business profile is connected to a Facebook catalog. This can be created and managed on Business Manager, directly on your business’s Page on Facebook, or through Shopify or BigCommerce.
2. Enable product tagging: Go to “Settings”> “Business”> “Shopping”. Click on this and select the product catalog to be connected to your business profile. Click “Done”.
3. Create your shoppable post: Take a photo, tag products from your catalog, and guide your followers to purchase by using language like “Tap to Shop”.

As for data showing the impact of shoppable posts on sales figures, Instagram reported an increase in the average order value from $65 to $75 after the introduction of shoppable posts, according to a study by BigCommerce.

Please note that when it comes to identifying the right influencers for promoting shoppable posts and tracking their performance, influencer marketing platforms like Flinque could be quite beneficial. On Flinque, brands can access influencer analytics and performance data to measure conversions and ROI accurately, and make better-informed decisions. Different platforms will have different features, but the key is to ensure your objectives align with the platform’s strengths.

Remember, the success of your shoppable posts will depend largely on picking the right product and leveraging the right influencers to promote them. It’s an effective tool to bridge the gap between browsing and buying, ultimately driving your Instagram ROI. Flinque can help streamline this workflow.