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Snapchat Will Enable Top Creators to Insert Mid-Roll Ads into Their Stories in New Monetization Test

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Snapchat Will Enable Top Creators to Insert Mid-Roll Ads into Their Stories in New Monetization Test


Snapchat’s adding another new monetization opportunity for Snap creators, with mid-roll ads for Snap Star Stories, providing a directly attributable revenue pathway for the app’s biggest stars.

As explained by Snap, soon, Snap creators will be able to switch on ads within their Stories, with a cut of any revenue generated by those ads then allocated back to the creator.

Though the specific revenue cut here is not entirely transparent – according to Snap, the revenue share from these ads will be based on its proprietary payment formula, “which may include a number of factors such as posting frequency and audience engagement”.

Snapchat already applies its payment formula to its TikTok-like Spotlight funding, with creator payments allocated based on a range of factors including:

“The total number of unique video views attributable to your specific Snap, the relative performance of your Snaps compared to other Snaps in Spotlight, and the geographic location of your Snaps and/or users viewing your Snaps.

It would seem that inserting ads into Stories would be more directly attributable to each creator’s performance, as the view counts are specific to that Story. But Snap looks to be taking a unique approach to its funding – which could, potentially, be of more benefit to creators. Or maybe not – we don’t know because it’s unclear what, exactly, Snap will factor into its calculations.

But either way Snap’s top creators will be able to get at least some money from ads inserted into their Stories, which will provide another pathway to monetization, while it will also give advertisers another opportunity to reach more specific, engaged audiences in the app with their campaigns.

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But the main focus is on helping top Snapchatters earn more money for their efforts, which, ideally, will keep them posting to the app more often. With the competition for attention heating up, every social app is now looking to win over creators, in order to get them posting as much as possible, which will ultimately keep more users engaged, more often, and keep them coming back to their platforms to check in on the latest creator updates.

TikTok has upped the ante in this respect, sparking a whole new flood of content creators aligned around short video clips. But TikTok’s monetization processes are not as refined as those on YouTube, Facebook, Instagram, or indeed Snapchat, which is why each is now scrambling to highlight the benefits of posting to their platforms instead, to win back attention from the rising video app.

Indeed, over the past two years, Snapchat has rolled out Spotlight funding, an AR creator fund, Creator Gifting and its Creator Marketplace to help brands find creators to partner with on campaigns, which all enable broader monetization potential for top creators, while also fueling Snap’s creative pipeline.

Some of those initiatives have proven challenging, with Snap facing several questions about its funding model for Spotlight in particular, but the broader impetus is to build a more functional, sustainable creator ecosystem, which will help ensure that Snap can maximize its content opportunities.

And again, with the competition for attention rising, it’s important for Snap, and all platforms, to explore every opportunity in this respect, in order to maintain their place as key connective apps.

Snap’s Star Stories ads are now in beta testing with a selection of US-based creators in the app.



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Meta Announces New Privacy-Focused Ad Targeting Solutions, Improvements in Automated Targeting

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NFTs are Coming to Facebook and Instagram – Whether You Like Them or Not

With Apple’s ATT data privacy update changing the game for app-based advertisers, Meta has been one of the biggest losers, with the company projecting up to $10 billion in revenue loss this year alone based on the amount of users opting out of data tracking in its apps.

Of course, part of that is due to Meta’s poor reputation on data privacy and protection, with the high-profile Cambridge Analytica case, in particular, shining a light on the platform’s past lax privacy measures, which have led to misuse.

But Meta has evolved its processes, and it’s now looking to ensure that it’s providing more data-protective solutions that will help advertisers maximize their campaigns, while also aligning with broader industry shifts.

On this front, Meta has today outlined a range of new ad measures, beginning with a new element within its Advantage ad suite, which incorporates Meta’s various ad automation and AI-based tools.

As explained by Meta:

“We’re rolling out Advantage custom audience, a new targeting automation product that leverages an advertiser’s Custom Audience to reach new and existing customers. This is similar to Lookalike audiences that find people who are likely to be interested in your business, except that Advantage custom audience goes beyond the 1%, 5% or 10% similarity ranges you are used to, while also prioritizing delivery of ads to people in your Custom Audience.”

Expanding the matching depth for Custom Audiences could be big, with the process guided by Meta’s evolving machine learning tools to help maximize campaign performance with less manual effort.

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Many performance advertisers have noted the improvement in Meta’s automated targeting tools, and with broader matching options to work with, it could be a good way to improve reach and response. Likely worthy of an experiment at least.

Meta’s also updating its Click to Messenger ads, with a new optimization that will target users more likely to make a purchase via a message thread.

Typically, we show Click to Messenger ads to people who are most likely to initiate a conversation with a business on WhatsApp, Messenger or Instagram Direct. With this update, we’re introducing the ability for advertisers to run Click to Messenger ads which will reach the people who are most likely to make a purchase in a thread.”

That adds another dimension to Click to Messenger targeting, which could help to optimize reach to people that are more likely to buy in-stream. Meta’s also adding a new ad format for lead generation which will funnel customers to either Messenger or a form, depending on which one the customer is most likely to interact with.

Meta’s also made improvements to its privacy solutions, including its Private Lift Measurement product. While at the same time, it’s also been working with various academics to study the impacts of the privacy shift.

“For example, we collaborated with academics from Northwestern University and the University of Chicago to better understand the value of offsite data for ads personalization, in part to help guide the development of solutions that leverage privacy-enhancing technologies. The research reveals that advertisers’ costs increased by 37% when removing offsite data from the ad delivery system with outsized impact on smaller advertisers in CPG, retail, and e-commerce, who are often more reliant on digital performance advertising than larger, more established companies.”

So while Meta’s working to build more privacy-protective processes, it’s also looking to highlight the impacts that these changes will have on the broader industry, as it pushes the big platforms to factor such into their future changes and shifts.

Finally, Meta’s also looking to help advertisers to prepare for the next stage of digital connection, partnering with Coursera on a new, free course called “What is the metaverse?”

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“This course explains what the metaverse is, what we know about it today and what it means for the future of work, play and life. We’re working with partners like Coursera to give people, businesses, creators and developers the tools needed to succeed as the metaverse takes shape.”

Though you will be getting Meta’s interpretation of what ‘metaverse’ means, which may not be exactly how it plays out. Meta’s increasingly keen to impress its vision of the metaverse future onto anyone who’ll listen, but it’s also important to note that the metaverse does not exist, and will not exist in a fully-functional, interoperable way for some time yet.

Still, it may be worth tuning in, and getting some insight into Meta’s future vision, and how it relates to advertising and brand reach.

You can pre-enroll to the new ‘What is the Metaverse’?’ course here.

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