SNAP has a huge user base especially amongst teenagers. Anecdotally more of the young peeps I know use SNAP and more often than FB an IG. I'm betting it'll grow to $50/share soon. It's kind of a bargain rn. Yes, it still figuring out how to monetize and spectacles failed, but so did Google glass and Plus. Also monetization is a growing pain issue for any maturing platform. I'm hopeful.
It’s dying. No one uses it and going to insta
Good luck!
I bought when it was high :( am a fool
I like snap but feel it has too much video/camera kind of feel. Uses too much battery too. I also bought it when it was high. Get to work Snapchat. You can do it.
Thanks! Even I used to not really be a believer in the app but I think I’m starting to get it
I agree with your assessment. Here's to being hopeful!! Now back to improving it :)
Buy Twitter instead
⬆️✌️🙏
Well I start there next year, so I sure hope it holds in there :p
Absolutely agree with your assessment. For the high school/younger college age crowd that got a Snapchat account before they got a facebook account, this is by far their primary social network. If they use FB/Instagram at all it's likely for memes and other similar content (something I believe our redesign helps us compete in). However, from a monetization perspective, people haven't really fully understood the value of creative/interactive ads yet, where the cost of production is relatively high. Additionally there is the friction involved in creating vertical video ads (although Facebook copying us helps us here). These things will certainly improve over time, where in the meantime snap will continue to expand it's product offerings to grow usage.
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Not till they find a clear monetization model. Even if they can, FB probably will benefit more with Messenger and WhatsApp.
It has a ton of ads, already monetizing.
It is easy to make *some* money, it’s hard to make *enough* money to turn even or generate profit.