What to Look for in Snap's 3rd-Qtr Earnings Report

What to Look for in Snap's 3rd-Qtr Earnings Report

Assessment

Interactive Video

Business, Religious Studies, Other, Social Studies, Information Technology (IT), Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the challenges faced by Snap in terms of user growth and advertising revenue, especially in the face of competition from Instagram. It highlights the impact of Instagram Stories on Snap's growth and the broader shifts in the advertising industry, where platforms like Facebook and Google dominate, leaving others struggling. Despite Snap's young user base, which is attractive to advertisers, the company has not yet capitalized on this potential.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What major challenge is Snap facing in terms of user growth?

Technical issues with the app

Competition from Instagram Stories

Lack of funding

High advertising costs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Instagram Stories affect Snap's user growth?

It had no impact on Snap's user growth

It caused a significant increase in Snap's user growth

It resulted in Snap's user growth doubling

It led to a slowdown in Snap's user growth

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor Snap needs to improve to boost its performance?

Increase the number of users

Reduce the number of users

Decrease advertising revenue

Increase app download size

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which two companies are dominating the advertising market, according to the transcript?

Snap and Twitter

Facebook and Google

Instagram and TikTok

LinkedIn and Pinterest

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are young users important to advertisers?

They have already chosen their preferred brands

They are less likely to switch brands

They are still deciding on the brands they will use long-term

They are not influenced by advertising