Friday, June 01, 2018

Snapchat Marketing for Business

What to Know About Snapchat Marketing




Everyone thinks that SnapChat is for Young People, Really Entrepreneurs Don't Understand the Platform's Potential


The Background

It is Growing Fast:

25% of all mobile users in the US by 2020

150 Million Users/Day, which is more than Twitter at <140 million daily users
Snapchat is projected to grow with twice the new users of Twitter and Pinterest

400 million snaps are sent daily!

Not Just Young Users

While 69% of Snapchats users are between 18 and 24, a change is occurring as over 50% of new users are older than 25. 18% of users are 25-35 and 14% are 35+

41% of 18-34 year old can be reached by Snapchat in the US

 High utilization time by users, who spend 25 & 30 minutes/day on the app.

Why Use Snapchat?

Brand Adoption

Less competition as only 5% of brands are on Snapchat.

When surveyed only 16% of marketers plan on increasing their Snapchat spend in 2016

How Can You Use It?

Give your followers a behind the scenes sneak peek
Offer promotions and giveaways, share discounts!
Entertain with unusual off the wall content, that might not fit more traditional social streams


Why Not Use Snapchat?

Marketing Challenges

It is hard to calculate ROI, but there is change underway. Snapchat has added new features to attract marketers: Video Ads and Sponsored Geofilters and Lenses

Not for those that are not targeting Younger Audience
If you are not looking for a younger audience, you may get better ROI elsewhere on social.

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