Why Snapchat Can Charge $750,000 For Advertisements
According to a report from AdWeek, Snapchat is charging brands $750,000 a day for advertising campaigns on its disappearing messaging service.By Mikah Sargent | January 15, 2015
Advertisers looking to reach Snapchat’s vast teen audience are going to have to pay a pretty penny.
That is, according to a new report from AdWeek which credits "multiple industry sources who have heard [Snapchat’s] pitch."
The service, which allows users to send self-destructing messages to each other, is reportedly asking $750,000 a day for advertisements. (Video via Snapchat)