Snapchat turns a decade old this year! In addition to being one of the most popular social platforms, Snapchat is also a powerful channel for brands to launch their eCommerce campaigns. In fact, more than 50% of Snap’s business is in Direct Response advertising.
So for brands who are leveraging Snapchat to reach their consumers and looking to optimize results, here’s what you should know.
Understanding Snapchat’s audience and behaviorsSnapchat’s strategic potential lies in its unique, concentrated Gen Z and Millennial audience as well as its highly visual ad experience. Today, Snapchat boasts over 500 million monthly active users, creating 5 billion Snaps every day. Snapchatters are highly engaged, opening the app 30 times a day on average, and preferring to communicate with their cameras and photos instead of words.
These high engagement rates are possible due to formats like non-skippable Video Ads and Collections Ads (which can swipe up into a MikMak shopping experience). Augmented reality (AR) technology also allows for virtual product try-ons, which helps consumers digitally see themselves enjoying products in real-time, from any location. If you’re a brand that is interested in adding these eCommerce features, now is a good time to test them out and see how they perform relative to your existing ads, and further optimize the shopping experience for your consumers.
There are Snapchat ad formats to support every step of the commerce journey. Which ones to use and how to use them depends on what you know about your audience. For example, MikMak’s Shopping Index shows that Snapchat is one of the top performing channels for healthcare, infant care, and grocery brands driving to Amazon in the month leading up to Prime Day. Knowing these affinities on an industry, product, and even audience level can be valuable information for your brand.
Here are ways brands can use Snapchat to craft a commerce experience that will resonate with their consumer:
With a wide reach and unique user experience, Snapchat offers brands access to a large group of visually engaged and interactive audiences, and presents them with unique ways to engage with brands as they shop. Understanding consumers and their preferences is key to leveraging Snapchat as a social commerce channel for multichannel brands.
Want to know how Snapchat can be best integrated into your brand’s commerce experience? Chat with us today!