New report finds businesses turning to Snapchat as an alternative to social media site
Businesses are increasingly using Snapchat as an alternative to other social media sites in a bid to reach target audiences and communicate in a direct form with followers, without getting too personal, according to a new survey by Snaplytics.
The SaaS-based market insights company recently surveyed 500 brands (with 24,180 Snapchat stories) and studied 217,000 snaps to better understand how brands and influencers are using the social site to communicate with their followers.
The Snaplytics report, which claims to be the most comprehensive survey of Snapchat data to date, found organisations are learning how to use Snapchat to reach target audiences in a way that is more “at eye level” and supplies details on the most effective ways to leverage the platform.
Marketers are seeing a big uptick in audience reach/engagement, with Snapchat compared to a decline with other social sites, according to the report. It noted Snapchat offers a unique experience and more ‘in-the-moment experiences’ for a brand's fans.
“Snapchat is unique because it allows businesses to connect with people in the moment and offer a different brand experience,” says Snaplytics founder and CEO, Thomas Cilius, explaining the Snapchat was once originally thought of as a social network mostly geared toward teenagers.
“It’s the only social network where marketers aren’t seeing a decline in reach. With 161 million daily active users on Snapchat, brands are quickly learning this is the go-to outlet because it allows them to engage their brand ambassadors and deliver content that really resonates with people, in real-time.”
The study also offers tips and best practices for brands interested in incorporating Snapchat into their marketing toolbox. Citing the data collected from the 500 brands, it reveals: 61 per cent of the content posted by brands on Snapchat are videos, which is a 5 per cent increase from the first quarter of 2016.
The study also reveals the number of snaps in a story averages around 11 snaps per update.
“Consistency and ongoing activity is key. Brands post, on average, content two times a week,” the report noted. “Completion rate, or the number of people viewing the whole story, climbed to 88 per cent compared to 84 per cent the previous quarter.”
The report also provides insights, metrics and analysis regarding what brands must consider as they develop their Snapchat marketing strategy. It discusses the best approaches to growing a follower base (followers find brands by Username 64 per cent of the time); and what is the most effective rate of posting to keep your followers excited and engaged and what days are the best for posting and why.
“It is essential for marketers to be creative and build followers quickly since our research shows that recommendations and calls-to-action made through Snapchat are much stronger than what is accomplished with Facebook or Instagram,” Cilius says.
Follow CMO on Twitter: @CMOAustralia, take part in the CMO conversation on LinkedIn: CMO ANZ, join us on Facebook: https://www.facebook.com/CMOAustralia, or check us out on Google+:google.com/+CmoAu
Every flagship smartphone in Australia includes hardware and software purpose-built for AR. A huge audience is ready and waiting. We have an opportunity to craft extraordinary, innovative work. But to get there, we need to push our creative thinking a little harder, writes Gil Fewster.
There are five tell-tale signs your brand needs to take a long hard look at itself.
How do we price goods and services? As business leaders, we have asked ourselves this question since the history of trading.
In this bonus last episode of this new podcast series, BrandHook MD, Pip Stocks, talks with former ANZ group general manager of marketing, Louise Eyres, talks about the importance of thinking like a customer and using intuition to solve customer painpoints.
Best web hosting packages Vancouver WA understands that only technical support and domain associated email address can bring huge leads ...
Radiata Solutions
6 Ways to ramp up Social Media to Your Web Design
I had the same vision about change from CX terminology to HX. Even with almost the same title: 'Forget customer experience...' https://ww...
Ekaterina Khramkova
Forget customer experience, human experience is marketing's next frontier
Thank you, so do I.
David Freeman
Sustainability of message: H2coco founder's commitment to consumers
Hi Harry, thank you for pointing this out I can confidently say both these bottles are in transition away from PET as we continue to impr...
David Freeman
Sustainability of message: H2coco founder's commitment to consumers
I’m confused. He has a giant 2l hard plastic bottle in Coles and his pink bottle is also in plastic??
Harry
Sustainability of message: H2coco founder's commitment to consumers