Thursday 30 November 2017

Why YouTube Is a More Important Platform Than Snapchat for Luxury Brands

In her article Why YouTube Is a More Important Platform Than Snapchat for Luxury Brands published by Adweek in March 2016, Lauren Johnson describes how high end brand such as Burberry, Channel or Louis Vuitton are investing a lot of their marketing budget in videos and posts on Snapchat. She explains that even if those “investments” are relevant since they reach a new market niche that are the millennials, those brands should not go all-in on this app.

Johnson emphasizes that most of these luxury brands’ marketing team have taken longer than other “more common brands” to adapt themselves to digital. But they still differentiate themselves with other brands by still using digital basics such as YouTube and search marketing.

She explains that this phenomenon with a quote from Gregory Pouy, a famous marketer in New York that works with luxury brands (TAG Heuer, Guerlain). Pouy states that while many people or even brands think that Snapchat is the coolest for millennials, "The coolest tool for millennials is [actually] YouTube." He then affirms that there is no way to see luxury brands on Facebook, Snapchat and other social networks when they do not have a proper YouTube page; “I think YouTube is way more important because of SEO and how people search for information."

The author is also taking into consideration the thoughts of Thomas Serrano, founder and president of Havas Luxe, who said that most of the luxury brands were not able to advertise on a platform such as Snapchat. Indeed, when we know how Snapchat is working – Snapchat allows a user to make pictures and/or videos of maximum 10 seconds–, it is pretty hard to imagine how a brand created about 100 years ago could express its history through a video of less than 10 seconds. Indeed, the complexity of those brands could not be summarized so quickly; it would completely destroy the image of the brand that would seem to be sloppy.

However, Pouy explains that Instagram and Virtual Reality are more adapted to luxury brands. Indeed, the quality of content and a free duration is fitting way better with their image compared to Snapchat. He continues by saying that Virtual Reality is transporting users into new digital experiences that seems to be real-life scenarios in a store or even at a fashion show. Moreover, the fashion industry is led by professional photographer, which use a lot of adjustments software that are compatible with Instagram and its filters. Moreover, the fact that posts on Snapchat are disappearing after 24 hours could be an issue for those brands. Lot of them are using social networks to show to the world their future collection that will be available in stores in the next months. Pouy pursues by highlighting the importance of Instagram that recently overpassed “classic magazines”; “More and more catwalks are made for Instagram because when the designer thinks about the product, they're going to think, ‘Oh, this [will] look good on Instagram.’”

To conclude with this article, I would say that all social networks became important for brands in nowadays society. Obviously, some are more compatible with given brands but it seems to be important for any brand to be present on all of its and to maintain a social network diversification in order to reach as many people as possible.

Pierre Spinelli

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