The latest social media fad that utilizes user-generated
content is Snapchat. According to the Snapchat website, “Snapchat is a new way
to share moments with friends. Snap an ugly selfie or a video, add a caption,
and send it to a friend (or maybe a few). They’ll receive it, laugh, and then
the snap disappears. The image might be a little grainy, and you may not look
your best, but that’s the point. It’s about the moment, a connection between
friends, and not just a pretty picture.”
I will admit that I have yet to jump into the Snapchat
frenzy, but I have seen how popular it is. I can’t go through a Friday night
without having to have my picture taken by one of my friends or roommates for a
Snapchat sent to somebody else. While this may seem like a silly app right now,
with it’s growing popularity it is hard to imagine that businesses won’t try to
cash in on this fad as well. Here are a couple ideas I have with how businesses
may try to cash in on the new app:
- Limited-Time Offers: Companies often like to promote their products and services through offers for a limited time, so why not advertise through a medium that has a limited time as well? Advertisements through snapchat would be a new and innovative way for consumers to learn about deals, and may create a sense of urgency for them to cash in on the deals.
- Promotional Give-Aways: Many companies give away coupons in order to promote their brand, products, or services. Businesses may begin to use Snapchat as a means to give away coupons. They may tell their consumers to Snapchat a picture of themselves using their product, or something of that nature, and then they will send a coupon to those who do it.
- Guerilla Marketing: Wikipedia defines guerilla marketing as an advertising strategy in which low-cost unconventional mean are utilized to promote a product or idea. Snapchat can be an outlet for companies to send out creative, and even weird advertisements in such a way that will get consumers talking about your product, as they will have to since they can't look at it whenever they want.