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Snapchat IPO Follows the Facebook Playbook

Snapchat IPO Follows the Facebook Playbook

As Snapchat parent company paves the way for its initial public offering, they are mimicking the playbook from Facebook. They have beefed up their daily active users 158 million daily active users[1] versus Facebook had 438 daily active users at its launch[2] Therefore, Snapchat is learning to strike while the iron is hot, just as Facebook did during their public offering.  Facebook at the time was concerned with slower user growth of users, hence the acquisition of Instagram to expedite their user base.

Here’s what you need to know about Snapchat

Since Snapchat has grown to a strong user base, it makes perfect sense to cash in on their success versus raising even more funds for an acquisition. The IPO is rumored to launch at $25 billion dollars.  According to documents filed by Snap Inc. (Snapchat’s parent company), Snap Inc. lost $514 million in 2016 on $404 million in revenue.[3] So the time is now for their IPO, so they cash in their positive trajectory.

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Snapchat also has been increasing their revenue per user to $1.05 in the 4th quarter of 2016 (according to company filings) versus $2.41 for Facebook at the time of their launch.[4] Although it’s less per user than Facebook, it’s impressive for Snapchat to begin monetizing their users so quickly versus just focusing on user growth – another Facebook-like move. In terms of employees, Facebook had 3,200 headcount at launch, while Snap had 1,859 employees at the time of its filing.[5]

Facebook mimics back

Meanwhile, Facebook reciprocated Snapchat’s mimicking. Two years ago, Facebook was struggling to get its users to post more, so it copied Snap’s model of short video “stories,” adding in filters and writing on the screen. At the time, it took nearly twice the time to post on Facebook then Snapchat, as they felt it was alienating its younger user base. Currently Instagram, (owned by Facebook), looks a lot more like Snapchat than Twitter with the use of rich media: graphics, videos and emojis versus words.

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Is Snapchat the winner?

At this point, Snapchat is in the driver’s seat: revenue is growing, daily active users are increasing and the environment is ripe for the next hot IPO. It was the game plan that Facebook laid out in 2011, which Snapchat is following and will reap the rewards.

Baby boomers also play a part

Another key area for growth is the baby boomers, who are becoming more active on social mediums, as they might not posting selfies, they are posting from their iPads at home. With high disposable income and an aging population, they are shopping for items that are becoming necessary such as real estate for their retirement years or even electric wheelchairs, such as KD Smart Chair.

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Social media is now the norm

Social media has now become the norm and is no longer a “millennial” thing. It also is not social, but is becoming an essential promotion tool[6] for businesses. It appears that Snapchat learned from  Facebook’s as it seems to be launching a successful IPO and will lead the charge for all social mediums in 2017 and beyond.

Featured photo credit: Redd Angelo via unsplash.com

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Reference

More by this author

Tom LaVecchia

Digital Marketing, Founder of New Theory Magazine

Shocking Facts About Millennials [Infographic] Snapchat IPO Follows the Facebook Playbook Cell Phone Addiction In America – The Shocking Truth Tips To Become Self-Motivated in 2017

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Last Updated on October 16, 2019

11 Meeting Scheduler Apps to Boost Your Productivity

11 Meeting Scheduler Apps to Boost Your Productivity

Automations are key to improving efficiency. Set the system up right from the beginning and you’ll reduce the amount of no-shows and cancellations.

Whatever your business is, with automations, meeting scheduler apps do more than just streamline appointment setting. They prime your workflow for maximum results.

Meeting scheduler apps are awesome if you use them right. Use them wrong and you can look like an arrogant elitist.

In this article, I will share with you 11 great meeting scheduler apps you can start using today to boost your productivity.

1. ScheduleOnce

    ScheduleOnce is an industry leader and robust solution. Whether you work alone or have a large team, ScheduleOnce can support you.

    ScheduleOnce allows you to create multiple users and multiple calendars. I use one calendar for booking podcast guests with automations set up to prep my guests for our interview. I use another calendar for strategy sessions and coaching calls.

    ScheduleOnce also has embeddable widgets so you can keep the scheduler inside your own website.

    Starting at $7 a month and a 14 day free trial, ScheduleOnce can fit a variety of needs in business.

    Available on Web

    2. Calendly

      Calendly stands out for its clean, easy to use interface. If you like clean design, Calendly might be your choice. It too has robust automations and integrations for individuals and teams alike.

      You can try Calendly free for 14 days. Their basic plan is free while their most robust plan is only $12 a month.

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      Available on Web | Google Chrome Extension

      3. Assistant.to

        For those who use gmail, Assistant.to is a super simple solution.

        From inside an email, you click on the Assistant.to icon and pick times your free. Assistant.to embeds the times directly into the email so the recipient can quickly pick a time that works for them.

        While it doesn’t have all the bells and whistles of apps like Calendly or ScheduleOnce, Assistant.to is completely free.

        Available on Web

        4. Acuityscheduling

          Acuity is a robust meeting scheduler very similar to ScheduleOnce. It integrates with CRMs, Email Marketing platforms, Analytics tools and accounting software.

          It comes with a 14 day free trial. They have a free solo account but if you want the benefit of the integrations, you’ll start as low as $15 a month and can cost up to $50 a month.

          Available on Web | iOS | Android

          5. Pick

            Built for simplicity, Pick is direct and easy to use. You can create your own url extension like pick.co/yournamehere and it integrates with Google calendar and Office 365.

            At $3 a month, this is a great tool for quick scheduling.

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            Available on Web

            6. X.ai

              For those who are early adopters of AI, this may be the solution for you. X.ai created two AI assistants they call Amy and Andrew Ingram. After setting up your account you simply CC them on your emails with the person you’re wanting to schedule and the AI assistants will email your guests from there until your appointment is set.

              This type of scheduler feels more personal because of the dialogue. There are stories on their site of people thinking Amy and Andrew are real people. X.ai integrates with Google, Office 365 and Outlook.

              Starting at $29 a month for an Individual account and $39 a month per user for a Team account, Amy and Andrew are ready to schedule meetings for you. Want to try it out first? They do have a free trial.

              Available on Web

              7. YouCanBook.me

                is another competitive solution for scheduling meetings online. You can manage the calendars of your entire team, configure booking forms, and integrate with your calendar.

                They have a free account branded with their company name or you can have some control over your branding and appearance at $10 a month for all their features. Either way, this company is worth a look.

                Available on Web

                8. Doodle

                  Doodle is unique in the space of meeting schedulers because it helps groups of people find a time to meet that works for everyone.

                  It integrates with your calendar and allows you to send a poll to all invited. Once people vote on the poll you can see which time works best for everyone.

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                  You can also run polls for food preferences if you’re scheduling a lunch meeting or a section of town if people are coming from all over.

                  While there is a free account, you’ll unlock it’s potential starting at $39 per year.

                  Available on Web | iOS | Android

                  9. WhenAvailable

                    WhenAvailable is another scheduler that works for groups of people. You can use it to schedule a pickup game of basketball, decide on your next book club or book your family reunion.

                    Their free account allows up to 20 guests, unlimited events and one contact group. For $15 a year you unlock all the goodies including reminders and chat messages.

                    Available on Web

                    10. Rally

                      Like Doodle and WhenAvailable, Rallly is helpful for scheduling meetings and events with multiple people involved. You create a poll and everyone votes. It’s quick and easy.

                      Unlike Doodle, it doesn’t have as many features, but it’s entirely free.

                      Available on Web

                      11. NeedtoMeet

                        Finishing strong, NeedtoMeet is our last app that allows you to schedule meetings or events for multiple people. It has mobile apps, custom urls, easy polling, notifications and commenting.

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                        NeedtoMeet also allows 1:1 Meetings for things like performance reviews for your whole team. You send out the your calendar slots to your team and they can only pick 1 slot, minimizing the amount of emails and scheduling you have to coordinate.

                        While they have a free account, you can unlock all features for only $19 a year.

                        Available on Web

                        Bonus: Don’t Make These Common Mistakes When Using Meeting Schedulers

                        In the excitement of streamlining your scheduling process, it can be easy to forget the feelings of those you’re inviting to meet. I know. I’ve done this.

                        To say “Hey, schedule time on my calendar” feels colder than “Hey, here’s my calendar. To avoid all the back and forth, pick a time that works best for you.”

                        Always make sure to frame your invite with your scheduler app with the benefit to them and why we’re doing it this way rather than the old fashioned, personal way.

                        A little finesse goes a long way. Without it, you risk seeming transactional and cold.

                        Some meeting scheduler widgets you can embed in your site can take a couple seconds to load. If you go this route, make sure there’s text just above the widget that lets your guest know the calendar will appear below and to wait for it to load.

                        If you use an online meeting tool like Zoom, it’s also important to explicitly let them know the meeting will take place on Zoom and include the Zoom link in the email reminder. Many make the mistake of not clarifying where the meeting will actually take place which can create last minute chaos at the time of the meeting.

                        Should you require special settings, like ethernet, external mics or lighting, let your guests know that on your thank you page and reminder emails so they are prepared for the meeting and you end up with the best meeting possible.

                        With clear communication in your automation, your meeting scheduler tools can almost perform like a virtual assistant for a fraction of the cost, or free, depending on the app you choose.

                        The Bottom Line

                        Meeting scheduler apps are diverse in features and unique in design. Before committing to one and realizing it’s not a fit, I recommend exploring which 3 might best fit you and then doing a trial with each of them at the same time so that you can see how they feel as you use them side by side.

                        Scheduling meetings the old fashioned way can be tedious. Conversely, finding a scheduling app that works seamlessly in the background is heavenly.

                        Like cell phones, meeting scheduler apps are moving from a nice-to-have luxury to must-have necessity in the lives of productive people. As you explore your options, stay true to your brand and the tools that have worked well for you to this point and simply find a meeting scheduler app that plays well with what you have created.

                        Featured photo credit: rawpixel via unsplash.com

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