Cosmo is getting 3 million readers a day on Snapchat Discover
Most millennials probably don’t know who Helen Gurley Brown is, but the Cosmopolitan brand Brown built is resonating with the young set — on Snapchat, at least.
Cosmopolitan says it’s averaging 3 million viewers a day on Snapchat Discover, a milestone that could appeal to some advertisers who wonder whether these media channels on the messaging app are desirable places to run their spots. Cosmo, which has been a Discover partner since the service launched in January, has seen traffic go from about 1.8 million a day to 3 million viewers since the summer, according to Kate Lewis, vp and editorial director of digital at Hearst Magazines, which owns Cosmo.
When asked whether the app is worth the editorial effort, she replied: “Oh my god yes. It’s been amazing, and we have about 3 million people a day on the Discover platform.”
Media partners like Cosmo, BuzzFeed, Vice and the recently added Refinery29 post daily editions of their stories to Discover and sell ads amid the articles and videos.
Discover is just one of the several revenue-generating areas. There also are Live Stories, which show user-generated video collages from special events, as well as sponsored filters and lenses, launching soon.
Just this week, Cosmo hosted a Live Story for its 50th anniversary, which it celebrated with a magazine cover featuring the Kardashians, who also starred in its Snapchat videos around the event.
Covergirl sponsored the anniversary Live Story.
Lewis also said that people share Cosmo content in large numbers, which is an activity that is not typically associated with Snapchat, because sharing and retweeting are not common there.
That may be changing, though. Cosmo’s Discover stories are shared up to 1.2 million times daily, Lewis said.
Mostly only editorial content, not paid videos, are allowed to be shared, and brands have been asking the Discover partners to allow people to start passing along their videos.
One top Snapchat advertiser said that it wanted sharing on its videos to maximize reach and that it would help put ads right into users’ main messaging feeds from friends.
The advertiser also said Sponsored Lenses would be popular for that very fact, because they are inherently meant to be shared. Lenses are basically animated filters, and they are expected to launch as ad units later this month.
“I think filters and lenses are the ad products that will get the most traction,” the advertiser said. “Most brands on the platform are not sure that Discover and Live Stories are growing relative to audience size.”
Lewis said that Cosmo delivers high content-consumption rates for advertisers. Drawing on stats from September, she said 72 percent of users clicked through every story after they opened the Cosmo Discover tab.
There’s also a guarantee commercials are glimpsed between stories, which is something brands are concerned with on Snapchat and elsewhere online.
“If you’re an advertiser, that’s what is so challenging in the digital space: Will people see the ad?” Lewis said. “And on Snapchat, there’s no question that they will.”
It’s clear that some of the media partners are working well on Discover. BuzzFeed has said about 20 percent of its audience is on Snapchat.
The format has its difficulties, though, too. Even Snapchat just shut down its own Discover channel.
French advertising organizations lodge complaint with competition regulator over Apple privacy changes
The coalition of trade bodies allege Apple's upcoming changes, related to its identifier for advertisers, are a sign of it leveraging its dominant position to distort competition.
‘Great position to steal share’: As use-it-or-lose-it ad spending picks up, TikTok emerges as an unlikely beneficiary
TikTok could emerge as one of the unlikely winners during the end-of- year scramble from advertisers to dump as much of their media dollars as possible.
CNN, Tastemade and ForwardPMX are Digiday Marketing and Advertising Awards Europe shortlisters
As an unprecedented health crisis has swept across the globe, marketers and advertisers across Europe have been forced to communicate with consumers in unprecedented ways.
SponsoredBrands are tapping gameday energy to drive engagement with content on social
As the world adjusts to the new normal, sports and entertainment publishers are faced with a challenge — with live audiences no longer able to take their seats at stadiums and arenas, how do they get passionate fans involved in the energy of the moment on social media? From the NBA to MTV, publishers had to […]
Bloomberg Media tunes up ABBA to break down barriers between its ads and subscriber businesses
The business news publisher's ad ops and product groups now sit in the same organization as its subscriptions team.
The 74’s publisher Jim Roberts on bridging equality divides in education and making trust bonds with audiences
One of The 74's central focuses before the pandemic was the achievement gap in America's education system.