The digital marketing landscape is evolving quicker than ever before. While print and more traditional mediums still have their place, those who want to take their platforms need to the next level need to embrace the new digital landscape. And no platforms are more influential to your business than the social media, including Snapchat.
Facebook, Linkedin, and Twitter are common social media vehicles to advertise. However, because Snapchat is so new, many businesses don’t know how to or don’t want to, leverage the platform to their advantage. And I think that’s a great mistake on their end.
By explicitly targeting specific demographics and meaningfully engaging with them, Snapchat offers a variety of tangible benefits to growing your business.
Scroll through to learn more about Snapchat itself and how to advertise on Snapchat, one of the most popular social media networks in the world.
Snapchat is now part of the larger Snap Inc.. In addition to their primary product, Snapchat, Snap Inc. will expand its influence in the social media space. Their flagship product, Spectacles, a pair of “smart glasses” that syncs with the user’s Snapchat account and records videos as they go about their business.
One of the core principles of Snapchat is that media recorded, the pictures and messages, are just available temporarily before they need user input. Snapchat was once only meant for peer-to-peer photo sharing through such platforms as “Stories,” but has now introduced “Discover.” The latterly mentioned platform allows brands and media outlets to run ad-supported content through short-form entertainment.
As of this February, Snapchat has around 190 million daily active users who use the platform. Snap Inc., which continues to own and operate Snapchat and is now a public company, is worth an estimated $20 billion. And there’s a good chance the company could exceed $30 billion in worth by 2020.
profitable space to advertise businesses on to see tangible results.
Since going public, Snap Inc. is keen on growing their demographic appeal. This recent choice to go public is promising to those who want to advertise on the platform. It also means those companies can broaden the product and services they push on Snapchat.
“They are eventually going to tap out of these younger age groups and will have to court older demographic groups,” said eMarketer principal analyst Catherine Boyle to Forbes in response to Snapchat’s demographic appeal. “They may not need Facebook-level penetration across every age group, but growth will happen among an older user base.”
Snapchat also is widely aware that their interface isn’t the easiest to use for those who are new to social media.
“The onboarding experience is difficult,” chief strategist of Kuuhubb Tero Kuittinen said of Snapchat’s account sign up to Forbes. “It’s not easy to learn how to use it. If you’re 18, it’s not a big stretch, but if you’re 45, it’s tough to figure out.”
Snapchat is already making stride to making the platform more comfortable to use to those who aren’t social media savvy. And when these older demographics do eventually become more prominent on the platform, Snapchat will gain more traction as a place to not only get news but see new products and consume media.
“Older groups are now more likely to tune in [to Snapchat] for content,” eMarketer analyst Jamie Chung said in an email to Forbes. “The platform has multiple partnerships with television networks for mini-episodes. Meanwhile, the younger groups are less likely to add Snapchat when Instagram Stories can fulfill their broadcasting needs.”
By leveraging Snapchat now, you can get ahead of the crowd and establish a strong presence on the platform.
within the first 15 second of seeing it. Those brands who can capitalize on early engagement will be far more successful than those who need “build up.”
Long-form Video Ads also lend themselves to a higher amount of creativity than most of the platform’s other ad services. Because creators have such a long time to craft an image, a business can introduce storytelling aspects into these ads. Research has shown that brands who can create themes and stories within their ethos have greater longevity and increased product sales.
In the end, Long Form Video ads aren’t for business who aren’t media-focused. But for those who are, there’s no better ad service on Snapchat to convey a story, theme, or concept than by running a well-made Long Form Video ad.
News’ on Snapchat’s main website to do just that.
The blog also regularly highlights general market trends, news, and practices that Snapchat business are using to help grown their efforts.
Snapchat is continuing to grow quarter after quarter. It’s presence and importance is only increasing as it stocks share.
I recommend using Snapchat as a vehicle to tell stories through ads. Unlike its contemporaries like Facebook and Twitter, Snapchat lets you engage with your audience in profound, meaningful ways. You can share your brand with narratives and creative designs, rather than just with clickbait copy.
In the coming years, storytelling will become one of the most potent marketing tools. Snapchat and it’s creative ads do just that: tell stories in pleasing ways that can draw an audience from near and far to your business, brand, etc.. Snap away, tell stories, and reap the benefits from being an engaged, creative “Snapchatter.”
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