A HBS Case Study Analysis SNAPCHAT...LISTENING & RESPONSE STRATEGIES ON SNAPCHAT Brands should focus...

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SNAPCHAT A HBS Case Study Analysis By Jennie Nguyen | MKTG 5603

Transcript of A HBS Case Study Analysis SNAPCHAT...LISTENING & RESPONSE STRATEGIES ON SNAPCHAT Brands should focus...

Page 1: A HBS Case Study Analysis SNAPCHAT...LISTENING & RESPONSE STRATEGIES ON SNAPCHAT Brands should focus the number of people consuming their stories. To do so, they can use the following

SNAPCHATA HBS Case Study Analysis

By Jennie Nguyen | MKTG 5603

Page 2: A HBS Case Study Analysis SNAPCHAT...LISTENING & RESPONSE STRATEGIES ON SNAPCHAT Brands should focus the number of people consuming their stories. To do so, they can use the following

EMOJI SCIENCE"Just add ‘generalelectric’ on Snapchat, send us an

emoji, and we’ll send you some science” (see below)

How @GENERALELECTRIC Excels on Snapchat Bridging the Stranger-Acquaintance Gap★ Celebrate invention★ Disappearing nature

prevents repeat usage★ Expand community of

young fansPerception★ Exposing geeky side to

appear “cool”★ Encourage viewers to have

an interest and involvement in science

Page 3: A HBS Case Study Analysis SNAPCHAT...LISTENING & RESPONSE STRATEGIES ON SNAPCHAT Brands should focus the number of people consuming their stories. To do so, they can use the following

Snapchat Says

VerticalVideoNOW

Facebook Agrees➔ 3 times better CPMs than square video➔ Opens major advertising opportunities➔ higher view through, share/engagement

rate from audiences

Page 4: A HBS Case Study Analysis SNAPCHAT...LISTENING & RESPONSE STRATEGIES ON SNAPCHAT Brands should focus the number of people consuming their stories. To do so, they can use the following

Finding the “sweet spot” in social mediaGoal for brands is to achieve an emotional-connection in the

brand-user relationship

Challenges:Appealing to the casual AND committed user

Overcoming them:Produce content that does not make the user feel disrupted or pressured

Effortless

Inclusive Relatable

Page 5: A HBS Case Study Analysis SNAPCHAT...LISTENING & RESPONSE STRATEGIES ON SNAPCHAT Brands should focus the number of people consuming their stories. To do so, they can use the following

LISTENING & RESPONSE STRATEGIES ON SNAPCHATBrands should focus the number of people consuming their stories.

To do so, they can use the following measurements to see the effectiveness of their content.

1.) Total Unique Views2.) Total Story Completions3.) Completion Rate4.) Screenshots

Key: learning more about your audience = success!

Page 6: A HBS Case Study Analysis SNAPCHAT...LISTENING & RESPONSE STRATEGIES ON SNAPCHAT Brands should focus the number of people consuming their stories. To do so, they can use the following

In 2016Reach: 10 billion daily views (Snapchat's Daily Video Views Have Increased 400% Year-On-Year) Expanded Advertising Options: brands allowed to be more versatile (and provide promotions)