promoted tweets: mindshare pov
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Twitter Ads: An
Opportunity For Brands
13/4/2010
Twitter Ads: An Opportunity For Brands
Twitter Ads: An Opportunity For Brands 2010
In a departure from its previous proclamations that it wished to avoid taking on a ‘traditional web
advertising model’, Twitter has announced the launch of a new advertising product, Promoted
Tweets. This will allow brands to place their tweets at the top of relevant results on Twitter’s search
platform.
Mindshare predicted this move back in September of 2009 when we said:
(If Twitter) can learn to rank results based on relevance…it then creates a space where
brands might be able to see real results (from advertising). So if Twitter wants to make
serious money from advertising, it may need to learn from Google’s ability to rank content
and its ability to monetize those results.
Since then the algorithms of the major search engines have been radically updated, with Bing &
Google now pulling in content from Twitter (a move which raised significant revenue for the micro-
blogging service): in contrast to this, Twitter;s search algorithm has failed to evolve, and the result
of this can be seen in the growth of traffic to search.twitter.com in comparison to the Twitter.com:
traffic to the search function is essentially flat.
Twitter are obviously aware of this and have suggested that they will later roll out the platform so
that Promoted Tweets are seen in standard timelines, even when the user isn’t searching for
information or even following the brand in question. Twitter are aware of the danger of alienating
users with too much advertising, and consequently they have said that they will remove ads that do
not ‘resonate’ with the audience: i.e. ads which aren’t retweeted and shared.
There is an obvious market for content brands, such as publishers and TV networks, to use this new
platform, whether it’s to promote a new show, or to capture traffic around trending news topics.
Whilst the ads remain out of time-lines there will be a bigger challenge for other types of company
to work out how to make best use of them. Likely applications might include responding to
reputation management issues, highlighting special discounts & deals or associating products with
particular topics & themes. The challenge for marketers will be crafting enough tweets that
resonate with Twitter users as opposed to alienating them, and killing Twitter’s ability to monetise.
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