This week's 'Skim: Snapchat will bring live video to its app for the first time (but you shouldn't get excited); Facebook to ease access to Facebook Watch; Snapchat launches e-commerce store so you can buy dancing hot dog plushies, records record growth that sends stock price skyrocketing; all about the brand winners and losers of Super Bowl LII; how brands can take advantage of Instagram's new carousel ad unit for Stories; Facebook patents technology to determine socioeconomic status of users; and much more...

Skim to stay in step!

1. Snapchat announces live video integration, but you won't be able to use it

Snapchat's going to insert livestreamed video—snippets of NBC's Winter Olympics coverage—into its app this week, but that doesn't mean live video capabilities are coming to normal users, or even brands. It's the first time ever the social network will incorporate live video streams into its offering,

But Snap wants to be clear: Its users aren't asking for livestreaming, and the company sees little use cases for users to have it. Instead, the social messaging platform foresees streaming only the most important bits of live events, like the Oscar for Best Picture.

That's part a refreshing change from every social network following the livestream trend, and part a back-handed slap at Facebook, which hasn't seen much in terms of quality broadcasts.

Check out, below, how Snapchat's live video will work!

2. Facebook to take on YouTube more directly, give more individual creators access

The social network is reportedly willing to make its TV-like feature, Facebook Watch, accessible to a wider number of individual creators. The move would have individual users, rather than just brands and partner video content producers, producing content for the platform, but it would also serve as a renewed affront against the power of YouTube.

According to those familiar with the matter, Facebook wouldn't buy the rights to this new content, but would instead take a YouTube approach and give a cut of ad revenue to creators. How Facebook will balance its desire to host only high-quality content alongside its wish to involve more of its community is yet to be seen, but 2018 will likely provide answers.

3. Snapchat explores e-commerce with new in-app Snap Store

Users might have noticed something new within the Discover section of their Snapchat app recently, and it could cost them more than just time spent watching their friends' Snapchat Stories.

Snapchat launched the Snap Store this past week, letting users purchase one-of-a-kind Snapchat merchandise already made worldwide famous thanks to the app—a dancing hotdog plushie, a dog lens T-shirt, and more.

The move marks Snapchat's first foray into in-app commerce; and though it's apparently not supposed to be a revenue generator for now, it does give the app some free marketing around town among loyal Snapchatters, and could pave the path to a more robust in-app commerce operation with third party brands.

Users can keep abreast of the newest products by scanning the Snapcode here.

4. Here are the other winners and losers of Super Bowl LII

Philadelphia may have brought home its first Super Bowl win, but Eagles fans weren't the only ones celebrating the night. Amazon, Tide, Mountain Dew, and Doritos were among the brands celebrating victory with their (really, really expensive) ads. Meanwhile, Dodge hit the wrong note by using Martin Luther King's voice to sell cars and Kia was accused of anti-feminist rhetoric.

Some other winners weren't even present. #JanetJacksonAppreciationDay was used 77,000 times amid Justin Timberlake's halftime performance. But our personal favorite? It was a Tide ad. Or was every ad a Tide ad? Find out below!

5. Snapchat earnings show big gains in the developing world

Snapchat shares were up 35% this week after a surprise turn of events stemming from the company's shift in how it views the world outside the US.

After years of neglecting Android, CEO Evan Spiegel prioritized it to expand Snapchat's user base, and the move has paid off—for now.

Snapchat's quarterly report showed skyrocketing revenue and shrinking losses, with a growth rate jumping from 2.9% to 5%, and the app counting 187 million daily users. The source of that growth? The developing world.

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#SocialSkim: Snapchat Intros Live Video; Facebook Courts Creators: 10 Stories This Week

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ABOUT THE AUTHOR

image of Christian Neri

Christian Neri is a digital marketing professional in the film & television industry, and a contributor to MarketingProfs. An American expat in Paris, he recently completed his MS in digital marketing at IÉSEG School of Management.

Instagram: @christianneri

Twitter: @christianneri