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Snapchat Business: An Opportunity for Brands in 2024

10 October 2024

Today, businesses are constantly looking for new opportunities to reach their audience. With this in mind, Snapchat Business is becoming an essential tool for many brands. With over 500 million monthly active users worldwide, Snapchat is no longer just an ephemeral messaging platform for young people. It is now a growth lever for businesses looking to reach a diverse and engaged audience.

If you want to learn more about how to use Snapchat Business to improve your brand awareness and boost your sales, this article is for you.

Why is Snapchat Business important for brands?

1. A young and engaged audience

Snapchat is particularly popular with millennials and Gen Z. By 2024, approximately 75% of 13-34 year olds use the platform regularly. For businesses looking to target this age group, Snapchat is a golden opportunity.

Snapchat’s audience is not only young, but also highly engaged. Users spend an average of 30 minutes per day on the app, and over 4 billion snaps are sent daily. This offers a unique opportunity for businesses to connect with a captive audience.

2. Immersive ad formats

Snapchat Business offers a range of innovative ad formats that allow brands to stand out from the competition. Augmented Reality (AR) ads, for example, allow users to interact with products in a fun and immersive way. Imagine if your customers could virtually try on a product before buying it, right from their smartphone.

Snap Ads, Story Ads and vertical video ads are also powerful tools to increase your brand’s visibility. Short, punchy videos are perfectly suited to Snapchat users’ behavior, who like to consume fast-paced and visual content.

3. A booming social commerce platform

Social commerce is booming on Snapchat. The platform allows businesses to sell directly via Shoppable Ads, clickable ads that redirect users to a product page or sales site.

With the rise of mobile in online shopping, Snapchat offers a natural gateway to convert users into buyers. In addition, thanks to the shopping features via stories and the integration of product catalogs, Snapchat Business simplifies the customer journey.

How to use Snapchat Business well for your brand?

1. Create ads adapted to your target

One of the major assets of Snapchat Business is the ability to precisely target users according to their age, gender, location and interests. To maximize the effectiveness of your campaigns, it is crucial to know your audience well and create ads that resonate with them.

Keep your tone light and visual, in keeping with the spirit of the platform. Snapchat is first and foremost an entertainment app, so your content should be entertaining, while also being aligned with your brand.

2. Use Lenses and Geofilters

Sponsored Lenses and Geofilters are powerful tools for improving engagement. They allow users to personalize their photos and videos with elements related to your brand.

For example, if you are hosting an event or a product launch, a geofilter can encourage users to share their experience on Snapchat, while promoting your business organically.

3. Measure and optimize your campaigns

Snapchat Business offers a comprehensive analytics dashboard to track the performance of your campaigns in real-time. You can measure key metrics such as click-through rate (CTR), cost per impression (CPM), and return on investment (ROI).

It is essential to analyze this data regularly to adjust your campaigns and maximize your results. For example, if you see that a certain type of ad is performing particularly well, you can allocate more budget to that specific format.

Conclusion

In 2024, Snapchat Business is emerging as a powerful platform for businesses looking to capture the attention of a young and engaged audience. With its immersive ad formats and social commerce potential, Snapchat offers brands new ways to connect with their customers.

Whether you are a small business or a large brand, it is time to integrate Snapchat Business into your marketing strategy. Not only will you reach an influential audience, but you will do so in an innovative and entertaining way.