Most people are now aware of the new Snapchat ads, however we didn't know the price tag. The company is asking brands for $750,000 per day minimum for its new advertisement service.
Snapchat is asking brands for $750,000 a day for its new ads, according to multiple industry sources who have heard the pitch, and some say that's too expensive for the young app. The messaging app with a heavy video focus has promoted itself to the ad world as a TV-style commercial space with millions of viewers a day.
Read more from the source: AdWeek