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Home » Customer Engagement, News, Social Media News

Taking Twitter advertising to the next level

Submitted by Brian Skepys on August 10, 2010 – 9:09 am14 Comments

When companies want to advertise on Twitter they will now have someone to call. Twitter is hiring an ad sales team to boost its revenues through Promoted Tweets, and it is giving advertisers and third-party developers an open application programming interface (API) to develop the catchiest pay-for-view Tweet tactics. With Twitter’s popularity going through the roof and easier access for ad-hungry brands, we may finally be seeing the start of a profitable ad platform.

Since they started in April, Twitter’s Promoted Tweets and Trends have been popular with some big brands. Disney-Pixar’s Toy Story 3 was the first brand to test Promoted Trends, and the movie went on to break box office records. After that, Best Buy, Starbucks, Red Bull and Coca-Cola have all reported positive results from their Promoted Trends campaigns.

To lead its ad sales force, Twitter is hiring Facebook’s Dan Coughlin and Yelp’s Amanda Levy, both veterans of digital marketing. Then, to give Promoted Tweets a larger reach, Twitter is testing its infrastructure to give an open API to third-party developers like TweetDeck and Seesmic.

But Twitter advertising won’t be limited to Promoted Tweets and Trends. Last month, Twitter launched an @EarlyBird account that Tweets paid-for messages with special deals for its 145,000 followers. Mobile app developers have already taken advantage of the platform:

So far, Virgin Airways is the only brand to have used all three (Tweets,Trends and EarlyBird) simultaneously, and the company reported it fourth-biggest sales day in its history.

All this comes at a time when Twitter is celebrating its 20 billionth Tweet and as big brands are catching on to Facebook advertising, which is making serious money for Facebook, advertisers and social game developers. To be sure, Twitter has a long way to go to catch up with Facebook, which is edging ever closer to an impending initial public offering. Recruiting an ad sales team is the first step.

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