Business, Software Programs, VR World

Here’s Snapchat’s Plan to Make Money

Snapchat Logo

While Snapchat has the following and growth metrics that would be sure to make most app developers jealous, it does have one problem: it doesn’t appear yet to be making any money. For the investors behind Snapchat Inc., monetizing the incredibly popular app is no doubt a priority. But how will this be done? Likely a combination of sponsored content and data-driven advertising. Snapchat by its own admission has 30 million users, 50% of those are aged 13-17, and as they send over 700 million photos a day Snapchat gathers all kinds of data on them. Crunched into something marketable, Snapchat could easily prove the

Read More...