SnapChat Asking Advertisers To Pay $750,000 Per Day

  • by Yoey
  • 5 Years ago
  • 1

Photo messaging application Snapchat has been asking potential advertisers to pay $750,000 USD a day for its ads, as part of a new monetization strategy. Though the suggested rates are substantial, the reach the application has to its growing youthful audience is really incomparable to anything else out there with Snapchat topping 100 million monthly users. While the majority of the companies have baulked at the cost, a few have been brave enough to agree to this deal. However the brands won’t be able to see what type of individual will be viewing and engaging with the ad because there currently isn’t any age or gender breakdown on the users. Furthermore, the ads will disappear after a certain time, similar to the photo and video messages being sent between users. Stay tuned for more information on this story and let us know what you think in the comments below.

via.hypebeast

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“Live good Drink good Eat good” Graduate of Dillard University majoring in Public Relations/Brand Imaging. A New Orleans Native but born in Memphis,TN. Was raised as a Air Force brat having lived before in Germany and visited frequently to countries like England and France. While living in Europe a love for fashion and all things extravagant became a lifestyle easy to embrace. Returning to New Orleans fashion still played a major role in life for him. Now partnering with long time friend Nick to create the chic cultural blog site Myhellofalife.com Yoey is focused more than ever on making his dreams a reality, while doing what he enjoys the most; enjoying a hell of a life.

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