The Popular Mobile App Is Improving Targeting For Its App-Install Ads. But Can It Compete With Facebook, Instagram And Other Rivals?
Wall Street investors seem undecided about whether Snapchat is indeed the wave of the future or just a flash in the pan.
But one month after its IPO, the messaging app’s execs are doggedly focused on broadening Snapchat’s appeal to brands—notably direct response-minded companies.
“Snapchat has a perfect opportunity to become a direct response powerhouse, especially for location based marketing to millennials,” said David Deal, digital marketing consultant. “Though Snapchat needs to mine data about millennials more effectively to beat Facebook and Instagram.”
To that end, effective April 3, millennial marketers will be able to zero in on Snapchat users who are most likely to download their brand’s app, targeting slivers or swaths of the platform’s 160 million users who have shown interest in either the brand or the functionality it’s offering. These app-install ads allow the marketer to set cost-per-download goals in a measure that’s designed to get app marketers of all budgets into Snapchat’s business client pool.
This story is from the April 3, 2017 edition of ADWEEK.
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This story is from the April 3, 2017 edition of ADWEEK.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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