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Here's exactly why Snapchat thinks advertisers should spend hundreds of thousands of dollars per day on it

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snapchat vertical video

Snapchat just launched a new website designed to convince advertisers to purchase ads for the app.

In an introductory video, CEO Evan Spiegel explains why he thinks Snapchat ads are better than the competition. Snapchat is reportedly generating hundreds of thousands per day from its video sponsorships.

Snapchat ads don't include what's called a pre-roll video — ads that run before your content starts playing — which Spiegel thinks people find "annoying." All Snapchat ads are also arranged vertically so they fill the entire screen on smartphones, which is a big theme on Snapchat.

Spiegel also lays out the two forms of Snapchat advertising: premium and curated content. Premium content is essentially high-quality ads provided by Snapchat's "editorial partners," while curated content pulls in live stories collected from Snapchatters at events around the world.

You can see Snapchat's entire pitch to advertisers below.

SEE ALSO: Snapchat, WPP, and The Daily Mail have just launched an ad agency

Snapchat emphasizes it is THE place to reach millennials.



...and how a majority of millennials in the U.S. are on Snapchat.



Snapchat users are watching a lot of video.



See the rest of the story at Business Insider

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