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Snapchat Collaborates with ROI Hunter to Boost Retail Ad Performance

Merchants to benefit through deeper product insights and dynamic advertising

5 min read

Highlights

  • Strategic partnership between Snapchat and ROI Hunter that will supercharge retailer ad effectiveness.
  • Dynamic product advertising that will increase conversions and ROI for retailers.
  • The partnership is announced in the UK, Saudi Arabia, UAE, and Bahrain with global expansion plans.

Source: _Image by rawpixel_Freepika_Young-women-showing-snapchat-icon

The quickly spreading messaging app of today has further transitioned into Snapchat Inc., which has moved to empower retailers in a whole new way—with new capabilities of product insights and dynamic advertising. Snapchat has announced that it is expanding its strategic partnership with the product performance management leader, ROI Hunter, to help online businesses understand, in an intuitive way, how they are benefiting.

This partnership with one of the foremost experts in product performance management brings to the table ROI Hunter with data-driven learned insights. It identifies key selling items, and via advanced analytics of the platform, retailers can be supplied with a deeper context of each product’s performance, helping the retailer in the optimalization of their advertising strategy.

Mixing Snapchat’s massive user base and powerful advertising abilities with the data-driven insights from ROI Hunter, these are campaigns that will talk—surely and loudly—to your customers. The result is growing engagement, higher click-through rates, and, therefore, finally, sales growth.

One basic advantage of the said partnership is the use of dynamic product ads on Snapchat. This advanced feature would let retailers, using the least of manual efforts, keep their ads current with always the latest product information so that customers have the most up-to-date and relevant offers in their visibility.

The partnership will be available first in the UK, Saudi Arabia, United Arab Emirates, and Bahrain. However, Snapchat and ROI Hunter foresee the extension of their collaboration to high regions and, indeed, putting these powerful tools in the hands of retailers all over the world.

Snap President of EMEA Ronan Harris said, “We could not be more excited to work with product performance marketing leaders ROI Hunter. Their work will provide our demand-side customers on Snapchat a bar they can hold their data strategy up to to make a maximum impact with their campaigns. Early tests are returning impressive results, with clients seeing significant increases in ROI.”

Karel Schindler, chief executive officer and founder of ROI Hunter, said what Harris noted, underlining how this teamwork could innovate retail advertising. Shindler said, “We’re excited to be partnering with Snapchat, a platform that has a proven track record for reaching and engaging audiences across the globe.” “Utilizing our expertise in product performance management, we help retailers unleash their maximum power through Snapchat advertising and really drive their business impact,” he said.

Together, partners Snapchat and ROI Hunter will continue to innovate and develop as the partnership evolves further. With the vision of bringing new features and capabilities in order to help drive the value proposition for retailers—read, keeping them inline and current with the constantly changing digital landscape.

The Future of Retail Advertising: A Look at Snapchat and ROI Hunter’s Partnership

The collaboration between Snapchat and ROI Hunter allows retailers to take that next giant leap into the future for retail advertising. The combination of Snapchat’s vast user base and formidable ad technology with the data-driven insights from ROI Hunter means that retailers will be able to target sophisticated customers through highly personalized campaigns. This is poised to make this partnership a true game-changer for the industry.

One area where this partnership will be key in the area of personalized advertising. By having the ability to analyze data from customers and delineate individual choice, ROI Hunter enables retail businesses to create Snapchat ads that are personalized to respective demographics, interests, and behaviors. Such a level of personalization increases click-through and conversions, ultimately leading to more sales.

Additionally, it will help retailers to optimize their advertisement expenditure. Supported by ROI Hunter, the retailer can spot which product and ad campaign are doing good and then allocate the budget they have for its proper application. It will be a data-driven way to take away waste in the ROI of the ad expenditure.

This partnership is also helpful in the influencer area, with Snapchat being a much-used platform for influencers. Here, retailers can even collaborate with them in the near future to promote their product or service. With influencer marketing combined with analytics from ROI Hunter, the retailers will be able to measure the influence of these campaigns and point out the most effective working influencer to partner with.

Also, the partnership can help retailers remain one step ahead of the competition. With the digital landscape becoming more sophisticated with each passing day, advertising requires retailers to have a strategic regroup. Thus, information and tools from Snapchat and ROI Hunter can keep the retailers informed about market trend dynamics and best practices.

On the other hand, beyond the foregoing advantages, the partnering created with Snapchat is instrumental, further enabling retailers to better customers’ experiences. Retailers can use all of Snapchat’s interactive elements – filters and lenses – to make fun ad experiences that they’ll remember and be inspired by to play with the brand.

However, it is necessary to acknowledge this partnership, but it does come with a couple of bumpy rides. The first one is, among others, the issue of privacy concerning data-driven advertising. With consumers getting keen on their data privacy rights, retailers have to be watchful about ways they collect and use data about their customers.

It also creates another challenge: the complexity of managing campaigns across multiple platforms of advertising. Although Snapchat and ROI Hunter definitely simplify the process, retailers are likely—of course—to end up managing at least a few disparate platforms on top of them. That certainly uses up more time and resources.

However, the potential involvement of Snapchat through a partnership with ROI Hunter is huge. Equipped with data-driven advertising and customized campaigns, retailers can now up their customer engagement and sales performance above the cut-throat competition mark. This retail future in advertising holds a lot for such partnerships.

Summarily, this partnership between Snapchat and ROI Hunter opens a bright road for the retail business. In this way, coupling Snapchat’s reach and engagement with ROI Hunter’s data-driven insights allows for very effective campaigns that drive sales and deliver exceptional ROI. As this partnership is introduced flexibly to new regions and introduces innovative features, it has the potential to become a game-changer for the retail sector.

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