preview

The Disadvantages Of Snapchat

Satisfactory Essays

Another popular platform that businesses have began to take advantage of is Snapchat. Snapchat is a key platform when appealing to younger audiences and is currently the fastest growing network (Adweek). With an estimated 100 million daily users, it’s currently ahead of all of it’s other competitors, even after 4 years. According to Adweek, Snapchat appears to have the most engaged audience. Studies by Mashable found that 45% of college aged Snapchat users would open a Snapchat from a brand they didn’t know, while 73% would open a Snapchat from users they did know. Meanwhile, 69% of those users would be willing to add a brand as a friend on Snapchat, mostly because they follow them on another platform. So how do businesses connect with these users? Sumpto, a marketing company that ran the Mashable study, found that 67% of college Snapchat users would want to receive discounts or promotions from brands via Snapchat while 58% of students would likely purchase a brand’s product or service if they were sent a coupon. Sumpto suggests that brands who utilize Snapchat should start by first sending users who follow them coupons as a way to promote engagement. Snapchat users are 8 times more likely to view Live Stories on the platform than on TV for similar events (Snapchat).

Lastly, YouTube offers a whole different platform for businesses to utilize. “Social video” is becoming a big deal, and YouTube is the social web’s destination for video. With over 1 billion

Get Access