If you're a follower of #TeamOnsharp, you know that we're always looking for ways different industries can take hold of the ever-changing social media world. Today, we're going to focus on the finance industry and how you can attract a younger audience with one of the hottest social apps out there: Snapchat.
So how do we utilize a platform like Snapchat (which gained popularity because of its disappearing content), long term?
It's one of the biggest questions among marketing teams across the world, but, there's good news here. We've figured out how you can do it - for your business.
You heard us. There's a way you can do it. We can't promise you'll skyrocket to Snapchat stardom overnight, but we can promise that we can help you get started.
We've found that the most important part of using Snapchat as a business is rooted in being a good storyteller - literally and figuratively. In 2013, Snapchat released Stories, which allow users to publish streams of videos and photos visible to all their friends. Think of your Snapchat story as your Facebook profile timeline; it's what you share for everyone to see. The only difference is that in 24 hours, your Snapchat timeline will cease to exist.
When you're telling a story, you want it to have a point. Having a point doesn't require a major plot line - it just has to have a reason for existing. For example, the point of a business Snpachat story could be showing off the office culture. Or, showcasing team member's roles, highlighting their presence at an industry event, or showing the team having fun. Let's take a look at this Snapchat story following a typical day for our designer, Ben.
Now that we've seen a story in full, let's dissect each frame.
Your intro can be done in a multitude of ways, just like in a story you'd put on paper. Most commonly, you see intros like these:
Your intro is supposed to tell your viewers what they can expect from your story. While not entirely necessary when it comes to Snapchat, it's still a good way to get people excited about your content.
Whether you do a static intro like the first image, an oral introduction like the second, or a mix of both, you want to make sure that your intro is fun and shows who you are as a company.
But how do you do this if you're in a more corporate setting like a bank?
All you need to do is remember your company voice. You see, corporate doesn't have to mean boring. You can still use a more laid back approach, but just be a little more at ease - use less jargon, but don't try to use slang to be cool.
Here's something else to think about: Snapchat is an ever-changing platform, so your target audience may change day-to-day depending on the subject of your story. One day it may be account holders, the next it may be college students. It's all up to you!
Here are a couple of different story ideas/audiences for you to consider for your financial institution:
- Account holders
- College students
- The "millennial" population
- Potential homeowners
- People in need of financial counseling
- "A day in the life" of one/all of your bankers
- How to open up a savings/checking account
- What goes into the process of applying for a loan
- When you should start saving for college (and why)
- A short history of banking/your bank
- Finance tips and tricks
While this is a good start to potential story ideas and audiences, this isn't a comprehensive list. Can you think of any others? If you can, let us know by tweeting at our team! If you can't, that's fine; Snapchat is a difficult tool to get used to. Either way, let's move on to the next part of a Snapchat story:
The "Body" Frames
The body of your Snapchat story is where the fun starts. It's also where all of the meaty, interesting content of your story belongs. Depending on what route you take with your story, the body frames will look a little different. They can be an introduction of a specific team member and their role like this one:
It can also be an announcement and first-hand experience of a company event like these:
Or, simply something fun like this:
The best part? You don't have to limit how much goes into the body of your Snapchat story! As you could see in our full story above, we had more than 4 body frames in our completed project.
Other options for body content are:
- Asking trivia questions like the New York Stock Exchange (NYSE) did in this frame:
- A shout out to your other social platforms like Gary Vee shows here:
- A shot of an event with a fun filter like this NYSE frame:
- Or, words of wisdom, a question, or other uplifting images of typography like this one from POPSUGAR:
As you can see, you really can't go wrong with the content in your Story. That's part of this platform's beauty: it's meant to be quick, fast, and fun. Now, there's only one more part of your Snapchat story that we need to cover.
Like the intro, a conclusion isn't exactly necessary. Even so, it's the perfect place for a call to action, like this:
While a conclusion isn't necessary, we'd suggest using one. It keeps your audience thinking, creates traffic to your website, and if you do something fun, it can keep your followers coming back for more.
So, we've discussed how to put together a story and what goes into it. But we haven't answered the big question:
Why do Snapchat stories matter?
They matter for a lot of reasons.
First, they're visible to your whole friends list, unlike an individual Snap.
Second, they last longer than an individual Snap. A single Snapchat frame lasts 24 hours from its point of publish; an individual snap only lasts 10 seconds at most.
Third, Snapchat stories don't need a lot of thought, which is every marketer's dream! Snapchat stories are meant to be short. The longer they are, the more likely it is that your viewers will slowly lose interest or simply unfollow you. The fanciest of stories have background music, drawings, and stickers - which still takes less than 5 minutes. We'd say that's a win-win, wouldn't you?
And fourth, they're a simpler (and cheaper) way to take charge of video marketing. All you need is a cell phone and a Snapchat account, which is also free!
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