Even with the success of his Snapchat service, that isn’t stopping the company’s founder, Evan Spiegel, from trying something different – this time in the way of vertical video advertising.
Per a report from TechCrunch , Spiegel recently traveled to an annual advertising festival in Cannes and put together a video pitch explaining what he has in mind for his new service, 3V Advertising. Standing for Vertical Video Views, the service would introduce a new customizable approach to mobile advertising, without pop-up ads getting in the way. The video can be found below.
VIDEOConsidering that the Snapchat site garners 100 million daily active users and two billion videos per day, Spiegel certainly knows his research. But the question now is just how effective this 3V Advertising angle can be.
As the above image indicates, 3V Advertising has a lot of promise to live up to, as Spiegel indicates that video ads will always be full-screen, always selectable by user’s choice, always made for mobile and always playing with sound. That’s a lot to promise, especially considering how Facebook and YouTube’s video advertising is by comparison.
There are other factors to consider as well. The reception from fans hasn’t been the greatest, as the video, which posted earlier this morning, has nearly just as many dislikes as it does likes. Marketers may also be a little hesitant to jump in on the project as well, mainly due to Snapchat’s demands for higher advertising fees.
And while vertical video advertising may be a unique approach, it’s unsure just how many companies are set to really produce those specific types of ads – especially when they’re so used to reaching successful circles on other social sites, like Facebook and YouTube.
Plus…doesn’t the tone of Spiegel’s delivery just seem a little bit off In the previous week, he also posted another awkwardly monotone video where he explains how Snapchat works. That video can be found below.
VIDEO
Only time will tell if this new program will find its footing. Snapchat does deliver on a large, reliable audience (mainly in the 18-34 age bracket), but whether fans will delve into its advertising program have yet to be seen. Perhaps a livelier approach – one that breaks down the components even better – would do the trick…