Is Snapchat Right for Your Brand?

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WHAT OUR CLIENTS WANT TO KNOW SNAPCHAT FOR BUSINESS Explained By: Nadine Goerke Manager of Search and Social Programs Digital Brand Expressions

Transcript of Is Snapchat Right for Your Brand?

Page 1: Is Snapchat Right for Your Brand?

WHAT OUR CLIENTS WANT TO KNOW

SNAPCHAT FOR BUSINESS

Explained By: Nadine Goerke

Manager of Search and Social Programs

Digital Brand Expressions

Page 2: Is Snapchat Right for Your Brand?

OUR CLIENTS FREQUENTLY ASK US

What should we be doing?Do you recommend Snapchat?

Here’s what you should know…

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VISUAL CONTENT IS HERE TO STAY

• 90% of information sent to the brain is visual

• Visual content is over 40 times more likely to be shared on social media than other content

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TIME IS MONEY

The average person’s attention span is 8 seconds, down from 12 seconds in 2000. 

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SO WHAT’S THE DEAL WITH SNAPCHAT?• Snapchat is a popular

messaging mobile app which allows you to share images and videos to your followers (friends, family, or even customers)

• The images and videos self-destruct within a desired time frame, which is set before it is shared publically

• Images and videos can be quickly edited, adding filters, doodles, captions and more

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WHO USES SNAPCHAT?

• 86% of Snapchat’s users fall into the 13-37 age range• 70% of Snapchat users are women• 76% of millennials use the platform• By 2020, Snapchat is projected to add 26.9 million users, about double that of Twitter and Pinterest

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HOW CAN MY BRAND USE SNAPCHAT AS AN ORGANIC CHANNEL?

Offer Incentives: Coupon Codes &

Discounts 

Launch Products: Sales & Sneak Peeks 

Influencer Marketing 

Product Highlights &

How-To’s 

Contests 

Showcase Events: Interviews &

Behind the Scenes 

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HOW DOES SNAPCHAT PAID ADVERTISING WORK?

There are various ways you can reach Snapchat users through paid advertising:• Live Stories• On Demand Geofilters• Sponsored Geofilters• Sponsored Lens• Discover Page Advertisements

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HOW DO PEOPLE FEEL ABOUT SNAPCHAT ADS?

• Snapchat is seen as “cooler” • 64% of millennials rated it as a cooler platform

than Instagram• The features are said to be better than

comparable platforms• 67.3 % of millennials rated it having better

features than Instagram• Ads are prominent in the platform• 78.2% of millennials see 5 or more ads on

Snapchat per week

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PAID ADVERTISING: LIVE STORIES• Curated series of content based around a theme or event• Entire story will cost you: $250,000 to

$500,000 per story• Sponsor a 10 second segment of a story will

cost you: $50,000 to $100,000• Users are given an option to swipe up to view

the content more in-depth• According to Snapchat, the average swipe up

rate is 5 times higher than the average click thru rate (CTR) of comparable social media platforms

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PAID ADVERTISING: GEOFILTERS• Geofilters are small graphics that are

overlaid on your snap image or video when in the desired location

• On-demand Geofilters: Locations are mapped out at time of purchase • Cost: $5 for 20,000 square feet of space

• Sponsored Geofilter: National/Global filter • According to Snapchat, a single

Sponsored Geofilter in the U.S. typically reaches 40 to 60% of daily users

• Cost: $500,000+

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PAID ADVERTISING: SPONSORED LENS

• Interactive ads that are activated when users tap their screen on their face and scroll to their desired lens

• These ads can be sent like a snap and are meant to be fun, humorous, creepy and highly shareable

• Snapchat only allows 1 to 2 Sponsored Lenses per day

• Some have reached up to 224 million people in 24 hours

• Cost: $300,000 to $750,000 a day

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PAID ADVERTISING: DISCOVER PAGE

• Image with headline previews of content inside

• Tiles provide users a quick peek into the focus of the content and what to expect

• Quickly sift through the content relevant to you with an easy swipe

• Cost: $50,000+

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IS THERE ANYTHING ELSE WE SHOULD CONSIDER BEFORE EMBRACING THE

PLATFORM?

Things to Consider:• Who your target audience is and if they are on

Snapchat• The length of the videos – 10 seconds maximum• The lifetime of the content uploaded – 24-hour lifespan• Management of the platform• Cannot be clicked on – no click through to website• Success requires an investment in highly creative, fun

and exciting images & videos that get people talking