Twitter is Reshaping the Ad Game with Interactive Networked Products
By emeadows
October 2, 2012
October 2, 2012
- “Lost in the recent noise about Twitter’s developer relations and product designs is that Twitter is quickly (and relatively quietly) becoming a successful advertising business,” reports ReadWriteWeb. “And it’s doing this in its own way: Not by running banner ads or video pre-rolls, but through its own interactive, networked ad products.”
- Twitter’s “ad boss” Adam Bain recently took the number one spot on the Adweek list of the top 50 industry power players.
- “Twitter is where the new ad wars are being waged,” according to Adweek, noting that “promoted Trend ads now command $120,000 a day — and advertisers have to wait in line.”
- “Twitter ads are designed to be human — content, in a brand’s ‘voice,’ but not robotic — and meld with the content around them,” notes the post. “They’re designed to provoke feedback — via favorites, retweets, hashtagged tweets, and replies — in the same medium they’re created and presented in.”
- “And advertisers can increasingly target them to people who might actually be interested in their pitch,” adds RWW.
- While Twitter’s first priority is still user growth, one could feed into the other. “The result, if everything works, could be a Twitter with many hundreds of millions of users, and a billion-dollar-plus ad business,” concludes RWW.
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