Promoted Tweets: What Brands Can And Can’t Do With Twitter’s New Ad Platform

Our little baby is all grown up.  Just 30 months ago, Twitter was flying under the radar and people interested in microblogging might very well have joined Identica, Pounce, Plurk or other lookalike services.   By early 2010, Twitter handled 50 million tweets per day and had become crucial to hundreds of brands and tens of millions of people, but it still had just one visible (and arguably modest) means of support—search engine deals with Microsoft and Yahoo.  As of today, Twitter is getting a job and earning its keep with the rollout of an ad platform. 

As it grew and became a more important communications channel, Twitter found its business model the focus of intense scrutiny; for example, when Ev Williams failed to announce an ad platform at SXSW, there was palpable disappointment among bloggers and other observers.  This week, Twitter is addressing that disappointment with the rollout of its new Promoted Tweet program, which offers some benefits to brands.  What are those benefits and what are the limitations for marketers?

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What Drives a Mass Maven? Ask The VW Sales Guy!

This past weekend, I did something no man welcomes:  The dreaded car-buying event.  Sure, we men love to shop for cars, but buying one is another thing altogether.  I abhor salespeople botching heavy-handed “closing techniques,” fake chumminess, the sexism of telling my wife about cup holders and showing me the engine, and one of my least-favorite lines in the human language, “I’m not sure that’s gonna fly—I’ll have to check with my manager.”  Yes, this weekend was all that and more, but in the end we snagged our car and I got the chance to meet and learn from a Mass Maven (and now so can you).

A while back, I published a report and blog post that  briefly introduced two types of Mass Influencers—Mass Connectors and Mass Mavens. Next week, Forrester will release a new report that defines Mass Influencers in more detail, but this weekend I had the opportunity to study a Mass Maven in the wild.  So, grab your pith helmet and join me as we embark on a Mass Influencer safari.

My journey started with a decision to purchase a convertible. (Hey, we may have moved to Northern California, but it’s still California!)  First stop was a dealership to look at the new VW Eos.  Our salesperson was—how can I put this delicately?—uninformed.  When asked what the difference was between the two versions of the vehicle, he answered, “One has more features” and left it at that.  

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Does Money Belong in Social Media?

Domino's Pizza UK & IRL plc

Image via Wikipedia

Let me answer my own question immediately by saying: Yes, money belongs in social media.  It costs money to host social networks, develop social applications, create content, moderate dialog in social channels, and launch community platforms.  VCs want to see money returned, Facebook and Twitter want to earn money, marketers want to invest money wisely and brands want people to spend money. 

But should money be everywhere in social media?  That's the question that came to mind as I read about a new social ad program being launched by Domino's Pizza.

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Zappos, Nestle, Social Media and How All Workers Are Knowledge Workers

I just read a brilliant and inspirational blog post on the Harvard Business Review site entitled, "Are All Employees Knowledge Workers?"  The authors, John Hagel III, John Seely Brown and Lang Davison, explore the "artificial distinction" that businesses create in their workforce between the haves (so-called "high potentials," creative talent, and knowledge workers) and the have nots (everyone else).  The writers suggest we need "to redefine all jobs, especially those performed at the front line (or, in an image, that reveals our prevalent management mindset, the 'bottom' of the institutional pyramid), in ways that facilitate problem solving, experimentation, and tinkering."

Early in the Web 1.0 era, companies asked what the Web could do for them.  It was the wrong question, because soon the Web was doing something to them--changing consumer expectations, forcing investments in technology, altering the way companies recruit, disrupting sales channels, changing company culture and breaking old models of the employee-employer dynamic.  (Remember when communicating with a boss at a certain level used to mean asking his secretary for time on his calendar rather than a real-time dialog via email or IM?  I do.)

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Words That Say "Do Not Follow" on Twitter

do not follow

Image by alist via Flickr

People have many different approaches to determine who they will follow and not follow on Twitter.  A whole lot of folks won't follow anyone they don't know.  Others sign up for spammy, follower-generating tools that permit them to amass tens of thousands of followers and followees (who couldn't give a darn what  each other have to say).  I know a guy who won't follow more than 140 followers at any one time.

My preference has been to follow just about anyone who follows me--this approach struck me as fair, open and social.  There are drawbacks to "reciprocal following," such as that it makes my Twitter stream a relatively useless flow of wide-ranging tweets.  On the plus side, it exposes me to more folks, and when I see one I find interesting and pertinent, I can choose to follow him or her more closely by adding the individual to lists in my preferred Twitter client, Hootsuite.  Also, this practice permits people to Direct Message (DM) me, which I welcome until and unless a given Twitterer abuses the privilege by littering my DM "in box" with spam.

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Facebook Asked; Now What Will It Do About Its Privacy Policy Change?

If nothing else, Facebook is demonstrating it learned a lesson from the Beacon situation.  Launched in 2007, Facebook Beacon became a magnet of criticism in part because the company sprung the program--which involved sharing user data with third parties--on unaware consumers.  So this time it's asking what consumers think before loosening the Facebook Privacy Policy.  And how did consumers respond?  The mystery isn't what consumers said but what Facebook will do with all the feedback it received. 

In a post to the Facebook blog, Michael Richter, Facebook's Deputy General Counsel, shared some of the proposed policy changes and noted, "We hope you'll take the time to review all of the changes we're proposing and share your comments."  Most of these changes seem uncontroversial, but then there's this: 

In the proposed privacy policy, we've also explained the possibility of working with some partner websites that we pre-approve to offer a more personalized experience at the moment you visit the site. In such instances, we would only introduce this feature with a small, select group of partners and we would also offer new controls. 

This functionality, which is part of Facebook Platform, is quite similar to the way Beacon worked, only this time Facebook is asking for feedback rather than simply implementing changes.  The specifics contained within the proposed privacy policy state (in part and with my comments): 

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Word of Mouth and Social Media: A Tale of Two Burger Joints

AJ Bombers

Image by tray via Flickr

I moved to the Bay Area from Milwaukee about five months ago.  Among the things I miss from my hometown are my two favorite burger restaurants--AJ Bombers and Sobelman's.  Both have used Word of Mouth (WOM) to become successful small businesses, but while one built its buzz over 10 years, the other used social media to become a success in just one year.  The stories of these two businesses can provide insight and inspiration to much larger brands seeking to create benefits with social media.    

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ROI, Wal-mart and SKU reduction--and what we may learn about Social Media ROI

I've recently found myself in interesting discussions--one might call some of them debates--about ROI and Social Media.  In recent weeks, Social Media ROI was the agenda for meetings with several clients, the focus of a panel on which I participated at Digiday Social, and a lively topic of discussion at a dinner of marketing leaders in town for the OMMA Global event.  And today I read an article about Wal-Mart that got me to thinking about the dangers of too narrowly defining ROI.

 

It's interesting to hear the wide range of attitudes toward social media ROI.  Some companies measure quite a bit about their social media activities but do not evaluate ROI in its most literal definition:  The financial return generated by a specific monetary investment.  Others go through a great deal of effort to measure ROI, creating complex models to calculate an approximation of financial return. 

 

Some in the direct marketing space are beginning to value their social media efforts much as they do their PPC campaigns--assessing the cost of participation compared to the clicks, conversions and sales generated from trackable links seeded into tweets and Facebook posts.  This sort of measurement is essential and inevitable for companies that sell direct to consumers, but it's important companies not become overly narrow and begin to assess social media as just another click-generating channel. 

 

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My blog: The End of the Road or a Change of Lanes?

In three days, it will be the two year anniversary of my first blog post on Experience: The Blog.  Originally intended to be an exploration of experiential marketing strategies, my interest and focus quickly turned to social media and how the growth of the peer-to-peer groundswell creates challenges and opportunities for marketers.  It is apt to recall how my blog started as one thing and became another, because change is in the air again.  I'd like to reflect on that change, put it into context and invite you to join me as I shift my blog publishing to a new address.

A month ago, news broke that Forrester would be altering its blog policies and analysts would shift their industry-related blogging into a new, common platform on Forrester.com.  I posted at the time that I believed aggregating Forrester's thought leadership in one place made sense and that I was eager to continue blogging, sharing news and building my reputation within the new Forrester blog. 

The reaction was swift and emotional.  Hundreds of tweets and blog posts weighed in on the topic; a few supported the new blogging policies, but most did not.  One person tweeted I was "licking the boots of (my) corporate paymasters," and a friend sent heartfelt condolences at the loss of my blog.  I ignored the tweet and assured my friend that I was not progressing through any of the stages of grief (unless bemusement was one of those stages.)

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How Do You Keep Mass Influencers Engaged? An Example from TripAdvisor

In the Forrester report, Tapping The Entire Online Peer Influence Pyramid, we introduced the Mass Influencer, a category of online influencer comprised of people who create most of the peer impressions about about brands in social channels.  Although just 16 percent of the online population, Mass Influencers create 80 percent of all peer impressions about products and services.

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