Chapter 7 Analysis: Snapchat

Starting much like Facebook, Snapchat began on a college campus, under the pseudonym "Picaboo". Quickly relaunched under the Snapchat name the following September, the app has only blown up from there. Despite having an unconventional format of posting for businesses, Snapchat offers some unique and remarkable features that allow brands to connect with consumers, even going so far as to mention the "cool factor" of making marketing efforts on the platform.

When comparing various platforms on scale, Snapchat immediately looks like a much smaller market at only around 500 million users. It makes up for this by being able to target a younger demographic (over 60% of users are 25 or younger) and having an extremely productive ads, receiving twice the visual attention as Facebook ads, and a considerable amount more than other platforms.

There are multiple unique ways for companies to advertise using Snapchat, but I'd like to focus on Landmarks and their potential marketability. These landmarks can me marked with Augmented Reality filters, allowing a companies the opportunity to provide a unique experience for their employees and consumers. Creating these filters at corporate locations may increase User Generated Content from within the business, which may be useable on the company account. Furthermore, they could be used to highlight large public events and are already commonplace for sponsors at these events, again allowing for the creation of User Generated Content, this time from the consumer.

In all, I had not considered Snapchat to be a worthwhile place to advertise, but for some companies, it may just be the perfect avenue. Targeting a younger audience with a high effectiveness, Snapchat is the ideal space for large retail brands like Nike, Amazon, and Hulu.





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