Should I use Snapchat for business

ROI insights

The question of whether Snapchat is a worthwhile investment for Australian SMEs focused on lead generation is a common one. It’s not a simple yes or no. While platforms like Facebook and Instagram often dominate the conversation, Snapchat offers unique opportunities – but it’s crucial to understand if your target audience is actually *on* the platform and how they use it.

Snapchat’s core demographic skews younger. Currently, the largest user base is 18-24 year olds, with a significant portion also in the 25-34 bracket. If your ideal customer falls outside these age groups, your time and resources are likely better spent elsewhere. We consistently advise clients to prioritise platforms where their target demographic is most active. Don’t chase the shiny new object; chase your customers.

However, if your product or service appeals to this younger demographic, Snapchat can be surprisingly effective. Here’s what we’re seeing:

  • Authenticity is key: Snapchat thrives on raw, unpolished content. Highly produced ads often fall flat. Think behind-the-scenes glimpses, quick demos, and genuine interactions.
  • Leverage ephemeral content: The disappearing nature of Snaps creates a sense of urgency. Limited-time offers and exclusive previews can drive immediate action.
  • Explore AR Lenses and Filters: These interactive features are hugely popular and provide a fun, engaging way for potential leads to interact with your brand. Consider branded filters that encourage user-generated content.
  • Snapchat Ads are maturing: The advertising platform is becoming more sophisticated, offering targeted options based on demographics, interests, and even location.

Lead capture on Snapchat isn’t as straightforward as on other platforms. You’ll need to be creative. Drive traffic to a dedicated landing page with a lead magnet (like a discount code or free resource) using Snap Ads or encourage direct messages with a clear call to action. We’re also seeing increased integration with link stickers, making it easier to direct users off-platform.

Looking ahead, we anticipate Snapchat will continue to refine its advertising capabilities. However, its core appeal will remain its informal, authentic nature. Before investing, we recommend thoroughly researching your target audience’s Snapchat usage and developing a content strategy that aligns with the platform’s unique culture. A small test campaign is a smart first step – analyse the results carefully before committing significant resources.

The bottom line

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