Wednesday, 25 September 2013
Twitter's moving into Advertising by broadcasting 30 second TV spots.
Twitter is moving more into advertising notably in advance of its IPO.
If Twitter can show real ways to generate revenue (current 2013 revenues expected at circa 500 million usd, a doubling of last year) it will help their float.
One way they're doing it, and talking to Ad Agencies about it, is to introduce the standard 30 second TV spot. They've been present at Adweek this week in NYC, a big traditional advertising get-together.
What they're suggesting is that advertisers broadcast their 30 second spot in the Twitter feeds of anyone watching the programme live online. So the ad would appear on TV as usual but also on second screens twitter feeds, simultaneously. Lovely idea.
It shows Twitter as an ally of TV which is a good move. TV Broadcasters could do the same in reverse.
With 200m active users sending 400m tweets a day, Twitter has been behind the door regarding advertising. But now, money counts especially in convincing investors of big revenue potential. A lot of Ad Agencies view Twitter as a Social Media tool rather than a medium in its own right. A lot of traditional Ad Agencies mind you, view everything Social as being tools.
Twitter have an Ad strategy that in my view, works.
But advertisers will find the money from their traditional TV budgets.