Hook
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When we chose where to advertise, we have thought about channels like Meta, TikTok, and YouTube. But now the conversation I'm seeing everywhere, every day, is that people are seeing declines in performance across all of these channels. Now the key to finding success as a marketer is finding arbitrage opportunities. So the question is, where is the next opportunity? And something I've been looking into is Snapchat, because the data is actually pretty interesting here. First, it is huge. Nearly a billion people use Snapchat globally, and it's not just kids. 75% of the audience is 18 to 34. Second is that Snapchatters are 70% more likely to take an action after seeing an ad, and give ads five times more attention than other social channels, which basically means you have higher purchase intent than you can find elsewhere. And then there is this. You'd assume that all of these platforms are reaching the same people, but 40% of Snapchatters are not on TikTok daily, 52% are not on YouTube daily. So there's this new audience that you're just not finding anywhere else. And maybe the most interesting thing is that your ROI actually improves as you increase spend. Every other channel has diminishing returns at scale. So if you're a performance marketer looking for the next underpriced channel before everyone else figures it out, go check out Snapchat.