The new Ads Manager has integrated the platform's Advanced Mode features (which includes frequency capping), Snap Publisher (its browser-based video editing software), Business Manager and Audience Filters with a Filter auction. 

The latter will offer advanced targeting, measurement, and efficient pricing sold via auction for filters, the word Snapchat uses for the overlays that appear when users take a photo. The update means advertisers can buy filters as they would any other online ad and target it to specific audiences by demographics, lifesstyle category, and by hour of the day. 

"We’ve streamlined Snapchat Ads Manager so advertisers can buy, optimise, target, and measure in one simple place. And we added Audience Filters to the tool, a big win for advertisers who want to run creative, targeted camera ads at an efficient price," Peter Sellis, director of Revenue Product, said. 

PepsiCo in the US was the first to trial this new platform and ran a beta campaign for Quaker Overnight Oats. The brand reached mothers and working professionals with different creative or messages based on whether it was morning or evening.