Thursday, February 11, 2016

It’s Going Down in the DM: Snapchat and its Unique Marketing Advantages for Business

It’s Going Down in the DM
Snapchat and its unique marketing advantages for Businesses
by Rasheedah Gyan-Apenteng
S
napchat is a photo-sharing service in which the photos you share, called snaps, disappear in
seconds. Moments after opening snaps users can
no longer access them. The images are deleted from the company’s servers.

Diverging from other social media sites, Snapchat has a simple sign up process that uses your telephone contacts instead of other networks. It creates a different, more intimate kind of social network not offered anywhere else.
Some distinguishing features of the service are that you can draw on and caption any photo, and most vital, you can set how long (1 – 10 seconds) your image can be viewed by the recipient. The app notifies the sender when the recipient has opened a snap, so that you know whether it was received.

There are no profiles to mention, or walls to post on. However, the app does provide users with a story that can be edited and modified at will, which is comprised of an activity score based on your usage of the app, three ‘best friends’ with whom you communicate most within the app, and a couple of pictures or videos, all of which can be viewed by any of your contacts. Snapchat stories, which last only 24 hours, are a string of snaps used to create a video narrative using the apps native tools and features which include filters, geofilters, text, emojis, music, and more – all from within the platform.

Advantages of Snapchat? According to Business Insider, over 71% of Snapchat users in the US are under 34, including 45% between the ages of 18 and 24, which makes the app the social network with the youngest audience, far ahead of its nearest competitors Vine and Tumblr.  
The ephemeral nature of Snapchat posts forces users to focus on the message and react immediately. What all of this means in terms of marketing is that sending a snap to someone is an invitation to a largely visual conversation.

The service is a reaction to the saturation of social networking and the dominant interaction modes where big data, behavioral targeting, and the need to record every little thing – reigns supreme.
Snapchat has shown remarkable growth since its launch in September of 2011 and has tapped into a deep desire among younger internet users for activity that doesn’t have to be entered in the global logbook in the cloud. Kids, and increasingly, adults – want a space to play and experiment without everybody knowing about it.

Evan Siegel, one of the company’s co-founders, said about the app,
“We’re building a photo app that doesn’t conform to unrealistic notions of beauty or perfection, but rather creates a space to be funny, honest, or whatever else you might feel like at the moment you take and share a snap.”
Businesses can use Snapchat to provide access to live events, deliver private content; offer contests, perks and promotions; take people behind the curtain; and partner with influencers, spreading brand awareness and reach. A skilled influencer can create spectacular content that can further enhance your brand voice and personality.

In 2015, Snapchat became the third most popular social media platform among millennials. The company now boasts over 100 million active daily users and is valued at 12 billion dollars. Some of the most notable Snapchat campaigns of 2015 included:
  • Sphero Star Wars influencer campaign (BB-8 droid sold out in a matter of hours)
  • Terminator Social Cross-Promotion, leading up to the premiere of “Terminator: Genisys (more than 2,500 shares and 54,000 likes on Facebook)
  • 2015 VMA Celebrity Story, ( 12 million views on Snapchat)
  • iHeart Radio – Festival Buzz (340 million Snapchat impressions in just 2 days).
Innovative campaigns can showcase brand personality and create a two-way communication between the brand and customers. Snapchat success lies in a brands ability to capture user-generated content while increasing brand loyalty, which is why I think that that this emergent social media platform is a great tool for creative business marketing.

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