Refine Your Consumer Journey with Paid Social Media
As paid social media continues to play a huge role in brands’ e-commerce funnels, social media platforms are constantly competing in an ever-fragmented landscape. Not only are they fighting for screen time from users, but they’re also fighting for dollars from advertisers. That’s where paid media buyers come in.
While Facebook remains the industry leader with sophisticated business accounts and support, other platforms are offering brands a more customised and ‘hub-like’ experience for their consumers, all while keeping them in-platform. Each platform has taken its own approach, leveraging its core identity to take steps towards a customised e-commerce experience. Overall, the new features that are being tested and added on a monthly basis demonstrate this continued pressure to make the consumer purchase process as seamless as possible.
Snapchat
Leveraging its identity as a ‘social camera’ platform, Snapchat has introduced a feature to jump on the virtual try-on bandwagon through custom lenses. Consumers can try on any product in a business’ catalog to marry the benefits of trying things on in a store to shopping online. They’ve noted that with this technology, sizing and fit is hugely important to this virtual experience.
Pinterest, also known as the go-to for DIY, ideas, and inspiration, just launched Idea Pins. This allows creators with business accounts to share video content using sophisticated video editing tools. The platform’s ultimate goal with this feature is bigger than its initial launch. The Pinterest team is also testing product tagging features to inspire pinners to shop directly out of creators’ content and provide that one-stop-shop from inspiration to discovery to purchase.