Suggesting Finance
No Result
View All Result
  • Login
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto
Subscribe For Alerts
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto
No Result
View All Result
Suggesting Finance
No Result
View All Result
Home Business

Snapchat users can now buy Amazon products without leaving the app

News Room by News Room
November 18, 2023
Reading Time: 3 mins read
0
Snapchat users can now buy Amazon products without leaving the app

Amazon will now run shopping ads for select products on popular photo messaging app Snapchat, an Amazon spokesperson confirmed to CNN.

Unlike prompts to get a user to open their phone’s web browser, Amazon’s shopping ads will allow them to shop and check out without having to exit the Snapchat app.

“For the first time, customers will be able to shop Amazon’s Snapchat ads and check out with Amazon without leaving the social media app,” the Amazon spokesperson said in an email to CNN. “Customers in the U.S. will see real-time pricing, Prime eligibility, delivery estimates, and product details on select Amazon product ads in Snapchat as part of the new experience. In-app shopping with Amazon is available for select products advertised on Snapchat and sold by Amazon or by independent sellers in Amazon’s store.”

Snapchat shows ads to users when they click through their friends’ “stories” or temporary video or photo posts that can be publicly or selectively viewed for 24 hours.

Amazon did not comment on how long the deal was in the works for or what percentage of in-app sales Snapchat will keep.

Snapchat’s parent company Snap declined to comment on the partnership.

The advertising deal comes as social media platforms increasingly look to grow their e-commerce offerings to convince users to spend more time and money on their apps. Instagram, and more recently TikTok, have built dedicated in-app marketplaces where businesses can sell items directly to users. And countless brands have turned to social media platforms and their hundreds of millions of users to advertise their products.

The ads also come at a turning point for Snapchat, which has rapidly expanded its user base in recent years — the platform had 406 million daily active users as of the end of September — but has struggled to grow its ad business at the same rate. Snap last month reported a 5% year-over-year increase in revenue for the September quarter, returning to growth after two consecutive quarters of revenue declines.

The Amazon partnership could put Snapchat one step closer to competing with the robust in-app shopping experiences of rivals like Instagram.

Shares of Snap were up 7% at market close Tuesday following the Amazon announcement.

The Snapchat news comes on the heels of a similar Amazon initiative announced with Meta’s Facebook and Instagram platforms last week.

Read the full article here

ShareTweetSendSend

Related Posts

A key source of America’s economic power strengthened last month
Business

A key source of America’s economic power strengthened last month

October 17, 2024
Fox anchor tasked with interviewing Harris has a history of appeasing network’s pro-Trump audience
Business

Fox anchor tasked with interviewing Harris has a history of appeasing network’s pro-Trump audience

October 16, 2024
Walgreens is closing 1,200 stores
Business

Walgreens is closing 1,200 stores

October 15, 2024
Bath and Body Works apologizes for selling candles that looked like Ku Klux Klan hoods
Business

Bath and Body Works apologizes for selling candles that looked like Ku Klux Klan hoods

October 14, 2024
Boeing strike has already cost the company and workers $5 billion, new analysis shows
Business

Boeing strike has already cost the company and workers $5 billion, new analysis shows

October 13, 2024
Influencers rode out Hurricane Milton for the content. Why are we watching?
Business

Influencers rode out Hurricane Milton for the content. Why are we watching?

October 12, 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Suggesting Finance

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Visit our landing page to see all features & demos.

LEARN MORE »

Recent Posts

  • Trump advisor Navarro says India must stop buying Russian oil
  • Trump calls for Fed governor's resignation as ally requests DOJ probe
  • Trump admin launches comprehensive federal review targeting state laws that hurt national economy

Categories

  • Banking
  • Business
  • Credit Cards
  • Crypto
  • Economy
  • Finance
  • Investing
  • Loans
  • Markets
  • Mortgage
  • Real Estate
  • Saving
  • Taxes
  • Uncategorized
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact

© 2023 Suggesting Finance. All Rights Reserved.

No Result
View All Result
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto

© 2023 Suggesting Finance. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.