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How Snapchat is Missing Out on $1.5M in Revenue Each Day

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21–30 of 51 posts

Re: How Snapchat is Missing Out on $1.5M in Revenue Each Day

#21
What is wrong with the sort of thing that whatsapp do? a small fee (~€1) a year.

If they could make it payable via some easy method (SMS?) then people would willingly pay a small fee for the use of snapchat. Sure people would go "Bah Humbug! Snapchat want me to pay a €1" but they have a very strong userbase, one that is extremely active. In the long run, I think their user base would prefer a one off payment than being inundated with advertising.

Re: How Snapchat is Missing Out on $1.5M in Revenue Each Day

#22

"Turning on ads" is not a magic monetization panacea for an established startup because you will lose users in protest. And there are more than enough replacements for Snapchat for those users to go to.

Which apps are Snapchat replacements? Which ones have an existing userbase?

Re: How Snapchat is Missing Out on $1.5M in Revenue Each Day

#23
post #20

Earlier quoted context omitted.

The collective belief that the limited-life feature of snapchat is worth billions of dollars represents what I think is a massive dilution. Snapchat does nothing email doesn't, and email is free. I don't own and don't want to own any device which can guarantee any message has a limited life, that's all artificial.

The guarantee isn't crucial, it doesn't have to be watertight; the fact that it sets up an expectation of privacy and non-sharing changes the social context. Enough to become the sexting app of choice. And that's hugely valuable.

Because when I'm sexting, what I want is to have to endure someone's horrible ad campaign.

Re: How Snapchat is Missing Out on $1.5M in Revenue Each Day

#24
post #22

"Turning on ads" is not a magic monetization panacea for an established startup because you will lose users in protest. And there are more than enough replacements for Snapchat for those users to go to.

Which apps are Snapchat replacements? Which ones have an existing userbase?

Instagram. They have direct picture messaging that's very Snapchat like.

Re: How Snapchat is Missing Out on $1.5M in Revenue Each Day

#25
post #22

Earlier quoted context omitted.

Which apps are Snapchat replacements? Which ones have an existing userbase?

Instagram. They have direct picture messaging that's very Snapchat like.

They only share the same high-level concept. The execution and actual use-case is very different.

Re: How Snapchat is Missing Out on $1.5M in Revenue Each Day

#27
post #26

I have ads in snapchat right now and it isn't very intrusive.

I don't have any ads in mine. Are there screenshots of what those look like right now?

You shouldn't have any ads... ;)

Edit: Here is a screenshot: http://i.imgur.com/QWYVFFq.png

Re: How Snapchat is Missing Out on $1.5M in Revenue Each Day

#28
post #22

"Turning on ads" is not a magic monetization panacea for an established startup because you will lose users in protest. And there are more than enough replacements for Snapchat for those users to go to.

Which apps are Snapchat replacements? Which ones have an existing userbase?

[deleted]

Re: How Snapchat is Missing Out on $1.5M in Revenue Each Day

#29
I've always thought the best way for Snapchat to monetize would be to offer you one more glance at a photo if you watch an ad first. They could even make it opt-in on the photo-sharer's side. Give them a small percentage of the revenue generated by that advertisement to encourage opting-in, and also spur continued use of the service.

Re: How Snapchat is Missing Out on $1.5M in Revenue Each Day

#30
Silly question: What the hell is SnapChat? I feel like Cave Man living under rocks. I looked up SnapChat's website and there is hardly any info or encouragement why I should use this thing. It totally smells like Instagram which also I never used and know no one who uses it to date. I guess I'm just not cool.
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