Black Friday Sale! 50% Off All Access

Snapchat Announces Memories, Another Reason to Jump on Board Save those awesome Snaps and Stories to show later as a memory.

By Lesya Liu Edited by Dan Bova

Entrepreneur+ Black Friday Sale

Our biggest sale — Get unlimited access to Entrepreneur.com at an unbeatable price. Use code SAVE50 at checkout.*

Claim Offer

*Offer only available to new subscribers

Opinions expressed by Entrepreneur contributors are their own.

Bloomberg | Getty Images

Just as marketers are getting comfortable with Snapchat -- spending some time figuring out the difference between a Snap and a Story -- Snapchat announced a new feature called Memories. The Memories feature lets you save Snaps, which means they don't disappear until you delete them. Mind = blown.

Snapchat's main market differentiator is the fleeting nature of posts, but now it seems it's time to allow users to decide which Snaps to save without the need to screenshot them. What's even cooler is that in the past it was quite challenging to save video Snaps, this the new feature allows you to do that too.

Related: Here's Why Smart Marketers Are Already Mastering Geofilters

So, why is this update so important to marketers? Because, unlike Stories, Memories can be saved and retrieved easily. No more worries about saving those amazing Snaps you made at your last company event or that rocking behind-the-scenes moment you captured. It's also "super easy to find the Snap or Story you're looking for in just a few seconds by typing keywords," the official Snapchat blog says.

You can upload your old photos from the camera roll, combine multiple Stories into one large Memories collection, and resend those Snaps you saved in Memories to your friends, or add to Stories again. The images will appear in a frame to let people know that it's an older photo.

Related: Snapchat Reaches 8 Billion Daily Video Views

I can envision businesses resending promotions a few times -- spaced out appropriately, of course, and #TBT being trendy again. Besides, it is probably safe to assume that Memories is another step towards commercialization of the network. More and more publishers are joining the fastest growing platform, and I suspect it won't be too long before we start seeing ads on Snapchat as well.

The update takes Snapchat storytelling to a whole new level. Not only is the network one of the most casual and personal out there; it now allows you to show your personal side in a much more meaningful and personal way. This is a way to solidify your business or personal brand by showing your true colors in a set of beautifully-organized Snaps.

Related: Why Snapchat's 'Memories' Proves It's a Real Competitor to Facebook

If you're still hesitant about Snapchat marketing, check this out -- Snapchat has more users than Twitter, Pinterest and LinkedIn -- and it's been around the least amount of time. Research shows that Snapchat is now the second preferred social network in U.S. Last year, it was cited fifth. As you can see, Snapchat is only getting started on its quest to take over social networking by increasing awareness, trial and demonstrating "stickiness."

It looks like the sexting days of Snapchat are over -- or at least have moved to the background in lieu of all the marketing opportunities. Memories will be rolled out selectively over the next month or so. In the meantime, think of all the launches, openings, conferences and manufacturing processes you can show to the world.

Lesya Liu

Social Media Strategist at The Social Media Current

Lesya Liu helps entrepreneurs create a meaningful and profitable Instagram presence that feels right for their creative businesses. Born and raised in Ukraine, she is a social media strategist and a photographer. Her passion lies in combining art and marketing to create compelling storytelling, both visually and textually. Most days she roams the Interwebs, looking for fresh, inspirational ideas or testing things out on her own social channels.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Science & Technology

I've Spent 20 Years Studying Focus. Here's How I Use AI to Multiply My Time and Save 21 Weeks of Work a Year

AI is supposed to save time, but 77% of employees say it often costs more time due to all the editing it requires. Instead of helping, it can become a distraction. But don't worry — there's a better way.

Business News

The Two Richest People in the World Are Fighting on Social Media Again

Jeff Bezos and Elon Musk had a new, contentious exchange on X.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Barbara Corcoran Says This Is the Interest Rate Magic Number That Will Make the Market 'Go Ballistic'

Corcoran said she praying for lower interest rates and people are "tired of waiting."

Starting a Business

Why Are So Many Course Creators Struggling if It's 'Such an Easy Business'? Here's the Truth Behind the $800 Billion Industry

Creating an online course is so easy — at least, that's what many "gurus" would like you to believe. There's a lot of potential in the $800 billion industry, but here's why so many course creators are struggling.

Money & Finance

Why Donald Trump's Business-First Policies Trump Harris' Consumer-Centric Approach

President Donald Trump's pro-business agenda is packed with policy moves encouraging investment to drive economic growth. The next Congress has a unique opportunity to support entrepreneurship and innovation, improving U.S. competitiveness with the rest of the world.