Here is a brief description on how to create your own Snippets in Visual Studio with the 'shortcut' tag.
using a Code Snippet for INotifyPropertyChanged
This is the tag that is required to get the shortcut functionality.
<Shortcut>switch</Shortcut>
Here is a snippet for switch
which is inbuilt into VS
<CodeSnippets xmlns="http://schemas.microsoft.com/VisualStudio/2005/CodeSnippet">
<CodeSnippet Format="1.0.0">
<Header>
<Title>switch</Title>
<Shortcut>switch</Shortcut>
<Description>Code snippet for switch statement</Description>
<Author>Microsoft Corporation</Author>
<SnippetTypes>
<SnippetType>Expansion</SnippetType>
</SnippetTypes>
</Header>
<Snippet>
<Declarations>
<Literal>
<ID>expression</ID>
<ToolTip>Expression to switch on</ToolTip>
<Default>switch_on</Default>
</Literal>
<Literal Editable="false">
<ID>cases</ID>
<Function>GenerateSwitchCases($expression$)</Function>
<Default>default:</Default>
</Literal>
</Declarations>
<Code Language="csharp">
<![CDATA[
switch ($expression$)
{
$cases$
}
]]>
</Code>
</Snippet>
</CodeSnippet>