Mon. Nov 18th, 2024
Is TikTok bigger than Snapchat?
Daily revenue from Snapchat is hitting about $125,000/day, and growing steadily in 2023. TikTok is the real giant here, however. In Q4 of 2022, TikTok generated over $350 million in in-app revenue. In 2020, the same quarter hit just $150 million.

 

 

Snapchat is a multimedia messaging app created by Evan Spiegel, Bobby Murphy, and Reggie Brown, and developed by Snap Inc. It was first released in 2011. The distinguishing feature of Snapchat is its focus on sending self-destructing photos and videos, known as “Snaps,” which can be viewed for a limited time by the recipient.

Additionally, Snapchat offers various features such as Stories, where users can post photos and videos that are visible to their friends for 24 hours. It also has filters, lenses, and a Discover section for viewing content from publishers.

As of my last knowledge update in September 2021, Snapchat remains a popular social media platform, especially among younger users. Keep in mind that there might have been updates or changes after that date. If you’re looking for the most recent information, I recommend checking out the official Snapchat website or app store listings.

 

Snapchat is now on the web!

Chat, Snap, and video call your friends from wherever you are.

NEWMessage My AI, your personal chatbot sidekick!

 

One awesome thing about TikTok compared to Snapchat is that the videos you create on TikTok will be there forever. This is much different than Snapchat because videos on Snapchat only last for 24 hours. When it comes to TikTok, it is much easier to post shareable content and actually get the shares that you deserve.

 

comparison between Snapchat and TikTok:

Snapchat:

  1. Format: Snapchat is primarily a multimedia messaging app where users can send photos and short videos (snaps) to friends. These snaps disappear after they are viewed, and there are also features like Stories, where users can share a collection of snaps that last for 24 hours.
  2. Audience: Snapchat was initially popular among younger audiences, but it has since gained a more diverse user base. It’s still very popular with teenagers and young adults.
  3. Features: Snapchat has a range of filters, lenses, and stickers for enhancing photos and videos. It also has a Discover feature where users can view content from publishers and creators.
  4. Engagement: It’s known for its private nature, as messages disappear after being viewed. This has made it popular for sharing personal moments and has a more intimate feel.

TikTok:

  1. Format: TikTok is a social media platform for sharing short, often creative, videos. Users can upload videos up to 3 minutes in length, and they can be set to music, have special effects, and include various creative elements.
  2. Audience: TikTok initially gained popularity among younger users, but it has quickly expanded to include a wide demographic. It’s now used by people of various ages.
  3. Features: TikTok’s main focus is on creating and sharing videos. It has a vast library of music and a range of tools for editing and enhancing videos.
  4. Engagement: TikTok videos are public and can be widely shared, which has led to a culture of viral challenges and trends. It’s known for its highly engaging and addictive content.

Comparison:

  • Content Type: Snapchat is more focused on short-lived, personal content, while TikTok emphasizes on creative, shareable videos.
  • Audience: Both platforms have diverse user bases, but TikTok has a broader demographic reach.
  • Engagement: TikTok tends to have a higher engagement rate due to its viral nature, while Snapchat provides a more intimate and private platform for communication.
  • Features: Snapchat emphasizes augmented reality (AR) features with lenses and filters, while TikTok focuses on video editing and creative tools.

Ultimately, the choice between Snapchat and TikTok depends on personal preference and the type of content and interactions you’re looking for. They serve different purposes, so some users might find value in both platforms.

 

 

TikTok vs. Snapchat: a Comprehensive Comparison Guide

Shanoon Cox

May 16, 2023• Proven solutions

Businesses, large and small, are continuously hunting for social media platforms, where they can promote their products and services, and more than that, build up an enormous community around them. While Facebook and Instagram have long been in the scene, new ones like TikTok and Snapchat are starting to pop up. If you are operating your business in the 21st century and still have not developed your presence in them, then, believe it or not, you are truly missing out on a whole lot of opportunities. But the million-dollar question is – what’s the difference between the two marketing channels from the perspective of an influencer and a marketer? The article here draws out the dissimilarities between the two for the brands to identify the most fitting potential marketing channel to promote themselves.

Basic Comparison Between TikTok and Snapchat

Before digging into the dissimilarities between the two apps, don’t you think it’s better to draw insight into them individually? The section here introduces both TikTok and Snapchat individually, highlighting interesting facts that might help you draw out the basic differences between the two social media networks.

TikTok Fundamentals

A very popular video-sharing app, launched by the Chinese multinational internet technology company ByteDance in 2017. By the end of 2018, it took the world by storm, especially in the USA. At the end of 2019, it generated 1.5 billion downloads from all around the world.

Regarding its purpose, it was tailored to entertain users with short, looping, mostly humorous videos. If you are looking for a platform to showcase your talent with choreographed dance numbers, reaction videos, lip-syncing, and a potent participant of hashtag challenge, TikTok is the ideal platform to open up.

Popular mostly among the Gen-Z audience, 49% of whom hail from the age cohort 13-16, it once again proves its competitiveness in the list of social media networks. As per advertising is concerned, it’s mostly in the form of branded filters, takeovers, top view ads, hashtag challenges, in-feed native video ads, and influencer brand partnerships.

Snapchat Fundamentals

A mobile messaging app ideal for sharing both visual, and textual content, including videos, photos and texts. Unlike TikTok, it’s relatively old and was launched back in the year 2011.

Contrary to TikTok, Snapchat does not just allow users to keep pace with the current trend but also connect with buddies over Stories and other ephemeral content. It’s empowering both users and brands with abilities to showcase creativity through 3D environment interactions, object scanning, and try-on effects.

Regarding its target audience, they are mostly the millennials, 218 million of whom fall into the list of active users. From a marketing perspective, it permits brands to promote themselves through shoppable ads, branded filters, personalized targeting, AR lenses, and Snap Ad.

 

Basic Difference TikTok Snapchat
App Type Video-sharing app Mobile messaging app
Usage For the sake of Entertainment Connecting with friends and updating oneself to the latest trends
Audience Gen-Z Millennials
Advertising CPM (Cost Per Thousand Impressions) basis Snap Ad, Shoppable ads, Personalized Targeting & Native Checkout

 

TikTok vs. Snapchat: What Influencers Need to Know

Wondering what’s an Influencer? Well, it’s someone you hire to promote your organization’s products when you fail to reach out to a wider audience. The person entrusted with the responsibilities of marketing your brand will ensure the flooding in of more followers for greater exposure. It’s a concept similar to social media influencers that you would find in both TikTok and Snapchat.

From the stance of an Influencer, here are 5 differences between the two apps.

  • Core Features

Influencers tend to look for features for creating a gripping visual content. TikTok ushers a quite a few of them, including video capture, filter effects, sound library, impressive editing tools, creation prompts and a ‘For You’ page, where the discovery feed based on algorithm is available.

On the contrary, Snapchat features similar such tools but with the only difference being in the count. You will find here more options besides video capture and editing tools, these being text and video chat, AR Lenses, Story creation, Discover tab, image capture, and Snap Maps.

  • Type of Users

While in TikTok, you will mostly find the celebrities, renowned brands and content creators to flood the social media platform; in Snapchat, the crowd mostly comprises of publishers.

  • Demographic

Mostly Gen-Z occupies the crowd in TikTok, majority of whom belong to the age group 18-24. However, Snapchat is mostly dominated by millennials.

  • Active Users

The relatively new app of TikTok happens to attract fewer active users, accounting 41 million globally, whereas Snapchat enjoys the presence of 218 million population daily.

  • Downloads

Probably because TikTok is new to people that 738 million of them have downloaded the app from all around the world in the year 2019 itself. However, Snapchat recorded 75 million globally in the same year.

An influencer observes all the above statistics before choosing to go for the preferred social media network.

TikTok vs. Snapchat: What Marketers Should Know

Sometimes, marketers seem to put all their energy into an app without realizing the level of effectiveness it would generate. The same holds for TikTok and Snapchat. So, it’s always wise to walk through the pros and cons of both, seek out the contrasting points from the perspective of certain key indicators and then decide. If you are here wondering where to start your advertising campaign from, go through the points below to make an informed decision.

  • Content Marketing

Go for the TikTok app, if you are targeting the Gen-Z population and currently undergoing budget constraints. With inclusions of hashtags and keywords, you can optimize the video content, attract your target audience, and build a community around you. However, it’s not a very promising app for directing traffic to your website as the social media network allows only a few brands to share the link of their created videos in the website content.

On the contrary, Snapchat is the most favorable app among brands seeking a platform to launch short, bite-sized videos to promote a newly-launched product and gain admiration from both Gen-Z and millennials. And the best thing? You can always draw online traffic to your website through them and generate greater conversions.

  • Marketing Opportunities

Lucrative opportunities await the small businesses investing their time and energy in TikTok because the platform being relatively new, sets limited norms on what makes content engaging and what fails to achieve it. Moreover, it’s a great spot to test the waters before going widespread with your products over other social media networks.

Snapchat, on the contrary, is most suitable for mid-sized and large-scale companies because it lacks the perspective of free content creation. However, plenty of advertising alternatives are floating up for brands to leverage, which is why most of the companies are now investing more in it than other advertising channels. Moreover, it enables all business users to share links of created content on websites that TikTok fails to cover.

Put simply, Snapchat promises more marketing opportunities to businesses that have ample funds whereas TikTok favors those who are pressed for money. But, speaking of brand-friendliness, the latter welcomes more experiments than prior.

  • User Base & Behavior

Prior to launching a promotional campaign, don’t you think it’s prudent to grab an idea about the user base in each app? Of course, otherwise, you will be landing with the wrong audience and gradually fail to generate enough conversions.

Believe it or not, but reports claim that Snapchat is home to 210 million active users daily, whereas TikTok to 800 million every month. Though both the apps attract millennials and Gen-Z users, launching your ad campaign in the prior will mean more exposure of your products to a vast audience, 61% of whom are female. However, if you are focusing more on men, TikTok will a great platform to start with because 56% of the global male audience is its active users.

What to Choose?

Thankfully, we now have an answer to the most sought-after debate of TikTok vs. Snapchat! If you are seeking a platform that’s more stable and widely used up by the general population, Snapchat should be your go-to app. In the past, it has offered better ROI (Return on Investment) to brands choosing to reach out to their target audience through it. And, with ad offerings on the rise here, it’s certainly more approachable to brands. But, let’s not disregard TikTok because it’s in the nascent stage. Let’s not forget that it’s a great platform to run experiments and observe the reactions of Gen-Z before reaching out to millennials. The ball is in your court now. Go for whatever seems to be the most fitting for your business and look beyond the traditional social media networks for a change to stay afloat in the market.

 

SOCIAL

Idolatry is not a thing of the past. Idol worship today might look different, but we have modern day idols all around us. Let's look at what these modern idols are and how we can overcome them.

Latest Activity

  • admin wrote a new post 9 years, 10 months ago

    10 Finally, my brethren, be strong in the Lord, and in the power of his might. 11 Put on the whole armour of God, that ye may be able to stand against the wiles of the devil. 12 For we wrestle not against flesh an […]

Visual Verse of the Day

“Then they spoke against God; They said, “Can God prepare a table in the wilderness.” Psalm 78:19

By admin