Snap Unveils Latest Features To Help Creators Monetise
The platform implements dozens of new tools for Creators including Snap Map and ARES Shopping Suite Snap unveiled an array of new features and advancements that will drive innovation in AR & AI technology, retail as well as the creator ecosystem. Highlights included core product updates such as brand new story formats that allow the […]
Topics
The platform implements dozens of new tools for Creators including Snap Map and ARES Shopping Suite
Snap unveiled an array of new features and advancements that will drive innovation in AR & AI technology, retail as well as the creator ecosystem.
Highlights included core product updates such as brand new story formats that allow the community to stay better connected, as well as more monetisation options for creators that demonstrate Snap’s enhanced level of investment in the ecosystem.
“Consumers today are no longer looking for a platform that allows them to just communicate visually. Today’s audiences are seeking opportunities to enhance their relationship with friends, family, and the world. Snapchat was built as an antidote to other social media apps. We continue to leverage the power of advanced AI technology to give our users a platform to establish better connections to the world.” said Hussein Freijeh, General Manager at Snap Inc. in MENA.
“These new products and features are designed to enhance the user experience, unlock new creative opportunities for developers and creators, and drive business results for advertisers. We are certain that our highly engaged community across the MENA region will benefit immensely from the new updates, using the power of AR and AI to elevate their worlds and unlock possibilities in new and exciting ways”.
New programs and features for creators
Snapchat’s camera makes storytelling easier and enables anyone to express themselves and become a content creator. Now, creators with at least 50,000 followers, 25 million monthly Snap views, and who post at least 10 Stories per month, may be eligible to join the Stories revenue share program, which places ads within creators’ Stories.
This program helps creators get consistent rewards for their investment in Snapchat, and provides the community with even more engaging content from the creators they love. The program is in addition to increasing the total rewards available to creators for making the top Spotlight Snaps.
Snapchat will also be providing creators more audience growth opportunities through new surfaces such as Snap Map, making it easier to discover creators across Stories and Spotlight.
Finally, the platform has and will continue to implement dozens of new tools for Creators to help them build a following. For instance, creators can now add a Linktree, the leading link-in-bio platform, to their new Public Profile, whilst a new tool that recommends Sounds to pair with Lenses will help make Snaps even more expressive.
Snap also reaffirmed new partnerships with brands and individuals that will bring more opportunities for creative collaborations and the chance to reach broader audiences. One of these partnerships was with Microsoft Teams, and users can now apply Snap Lenses in their workspaces to allow for more creative and expressive meetings.
Transforming Retail with the ARES Shopping Suite
Snap is committed to improving the shopping experience and delivering unique AR experiences, both on and off Snapchat. The new AR Shopping Suite by ARES (AR Enterprise Services) will now allow the world-leading technology to be used in customers’ own apps and websites, bringing together AR and AI features such as Try-On and Fit Finder. The Shopping Suite has already shown success for businesses, improving brand loyalty, decreasing product return rates, and differentiating in a competitive environment.
Snap also announced AR Mirrors in retail spaces as a way to bridge the digital and physical worlds. Used already by some of the world’s leading brands such as Nike and the uber cool AR-enabled Coca-Cola vending machine now in its prototype, brands that choose to implement innovative experiences in-store such as virtual try-ons and content sharing, are 82% more likely to be recommended to others.
