AN interesting infographic of social conversations on Twitter courtesy my Infographics
Attributes of Twitter extend beyond just celebrity follower-ships and are largely untapped by the majority of Tweeple. This Presentation examines Twitter beyond celebrities and business engagements.
The announcement about Twitter’s “Promoted tweets” took a long time coming, but this was inevitable and in many ways is Twitter’s acid test. Lately there are those naysayers who have been critical of twitter’s ability to convert its legions of followers into real time money making venture.
Twitter is finally embarking on what its executives hope will be a money-generating endeavor. Promoted Tweets will give sponsors’ messages premium placement when users enter a search term. Sponsored messages that don’t garner much user attention, however, won’t last long.
Promoted Tweets, will allow businesses and organisations to highlight their 140-character-or-less messages to a wider group of users. Twitter has Best Buy, Bravo, Red Bull, Sony Pictures, Starbucks, and Virgin America as its ad partners for the promoted tweets. These tweets will be visible on search pages of Twitter and will be consistently monitored by Twitter and Tweets not “resonating” with users will be taken off. Like paid search results on Google , the companies are giving Twitter money to have their promoted tweets associated with keywords and appear at the top of a search results page. For example, a search for “coffee” returns a page that begins with a promoted tweet from Starbucks- one of several companies partnering with Twitter for the launch — that links to a pic of the Seattle company’s coffee-bean tasting room.
Promoted Tweets will be clearly labeled as “promoted” when an advertiser is paying, but in every other respect they will first exist as regular Tweets and will be organically sent to the timelines of those who follow a brand. Promoted Tweets will also retain all the functionality of a regular Tweet including replying, Retweeting, and favoriting. Only one Promoted Tweet will be displayed on the search results page.
Biz Stone also commented that this was the “first phase” of Twitter’s efforts to making revenues. The later phases will depend upon resonance of promoted tweets, user experience and interactivity and the value for the advertiser. In the second phase, Biz Stone plans Promoted Tweets to be shown by Twitter clients and other ecosystem partners and to expand beyond Twitter search, including displaying relevant Promoted Tweets in timelines in a way that is useful to the user.
There are several other aspects of the Promoted Tweets that we are Twitter would be highlighting. Since all Promoted Tweets are organic Tweets, there will not be a single “ad” in our Promoted Tweets platform that isn’t already an organic part of Twitter. This is distinct from both traditional search advertising and more recent social advertising. Promoted Tweets will also be timely. Like any other Tweet, the connection between the user and a Promoted Tweet in real-time provides a powerful means of delivering information relevant to the user at the moment.
There is one big difference between a Promoted Tweet and a regular Tweet. Promoted Tweets must meet a higher bar—they must have to resonate with users. That means if users don’t interact (such as replying to it, favouriting it, or Retweeting it) with a Promoted Tweet, Twitter will know that the Promoted Tweet is not resonating with users, the Promoted Tweet will disappear.
Studies show a lower level of new users on Twitter. However the level of engagement in twitter seems to have gone higher. Perhaps, this low growth period is a good time for Twitter to look at growth engines for its sustained future growth.
A recent survey by Barracuda labs has thrown up some interesting results and observation about the Twitter Phenomenon, that has been the focal point of micro-blogging and community based conversations. Unfortunately for Twitter, the stats say that most of its users aren’t very active.Only 26% of Twitter users had 10 followers or more by December 2009, while only 40% were following 10 people or more (in fact, a majority of Twitter users, 51%, were following less than five people). In terms of tweets, the report estimates that 34% of Twitter users hadn’t tweeted even once, while a whopping 73% of Twitter’s users tweeted less than 10 times. That means nearly all of the tweets on the social network were coming from about one-fourth of the userbase. Power users dominate.
However, there real worry at Twitter is the dramatic decline in users created.Twitter use grew by 20% in April 2009 before dropping off to 0.34% growth in December 2009.
This inspite of the fact that Twitter had some stellar real time coverages of the Haiti and Chilean earthquake, some with profound implication in terms of aid and life saving situations.
However the silver lining is the fact that the stats are turning steadily into Twitter users and the chatter is expanding both in terms of number of size of users and the user engagement with the medium. Twitter recently reported it had reached 50 million tweets per day. The new users of Twitter may seem to be hitting the saturation, but the existing users are enriching the content and context more than ever. Thus there is a qualitative enrichment of the platform.
Twitter now has to ensure that it is able to integrate more features and services that make for a better user conversation and sharing experience. The Lists and Location Based Feature is just the beginning. Twitter has to deliver on innovation to add to the user experience even as users keep adding to the quality of conversation.
Check out the detailed June 2009 report here.
Here’s reproducing Twitter in a very innovative manner by CreativeCloud.
The graphical conclusions sum up the printed Twitter mathematical figures in real-life ways and highlight just how much paper and money it would take to print out the entire microblogging site.
The graphic measures up Twitter’s influence in the blogosphere.If all the tweets in Twitter were to be printed on paper:
– … the seven billion tweets to date are composed of 104,860,000,000 words, as many as 133,000 copies of the the King James version of the Bible.
– … it would cover 350 million sheets of paper, which is 37 times the number of pages used in bills introduced in the United States Congress since 1955.
– … the paper would weigh three and a half million pounds, the equivalent of 82 school buses fully loaded with 84 happily tweeting kids.
– … and did nothing but read tweets throughout the entire work day, it would take 2,912 years to get through it.
– … and laid the pages end to end, they would stretch 60,763 miles or two and a half times around the earth.
– … on an average HP Inkjet printer, it would cost you $24,500,000 to print in black ink or $55,606,250 to include the Twitter blue.
– … keeping up with the 26 million tweets daily would require 30 inkjet printers working around the clock to print more than 1,300,000 pages every day.
In an earlier post, I had discussed about the Facebook-ization and Twitter-ization of the global social networks. This post compares and de-mystefies the twin phenomenon: Twitter and Facebook. It isn’t as much a Twitter versus Facebook thing as it is a Twitter and Facebook thing.
These two global maps tell the story of colonization of Global Social networks by Facebook. The last time, one would have seen such large levels of colonization is probably the British empire in the mid 19th century. The 2009 map is flawed because it doesnot factor results from Google Page ranks and uses the Alexa instead. This thus doesnot give a complete picture and is only 60% complete at best. The Orkut is not featured and it is a sizeable chunk in India and South East Asia. But the idea here is to show the remarkable spread of Facebook across the world. If not No.1 as indicated across, it is a respectable No.2 in lot of the geographies.
There is a lot of chatter around Facebook versus Twitter. Is Facebook more happening or its Twitter about to upstage Facebook. The comparison to me is a Apples versus Oranges scenario. Lets look at the how these
two portals deliver social networking to the audience across geographies.
This comparison goes to show how the two networks cater to different needs. Facebook to me is all about my network, my friends, my clique whereas Twitter is “my voice in the crowd. To that extent Facebook is a closed circle and Twitter is as open as can be depending upon a user’s relevance to particular field. Twitter features personal updates, but then it is tending more and more to broader subjects and the philosophy of crowd sourcing.
A handy detail of the pros and cons of Facebook and Twitter are as mentioned here.
In terms of sharing, Twitter is more effective beating Facebook’s 24% with a 40% i.e there are 40% chances that a URL on Twitter will get more clicks and browsing than Facebook (where the metric stands at 24%). This may be due to two factors:
1. A sharing opportunity is very transient on Twitter. The tweet tends to get lost in the constant flow of conversation or if relevant, it gets discussed and evolves. Facebook on the other hand, is a static medium, which keeps the sharing opportunity on for a longer time. Thus the audience can come back in time to browse through the URL/message.
2. With only 140 character’ss per tweet, Twitter inherently encourages URL click throughs as the complete story while the Tweets act as headlines.
However, Facebook has larger within page click thru’s because being a closed circle there is a greater opportunity to browse easily and spend time on the portal of the referrer (because the referrer is someone you know).
Interestingly, the audience demographics on Twitter is younger than Facebook. While Twitter shows a healthy growth in users across all ages, most of its users are 32 years and younger ( called the Gen Y). The spending power lies in the Gen Y demographics and it is more likely that Businesses would like to talk to users through this medium. The RTs and @s deliver the business message on a one to one level with relevant consumer groups which is why a lot of the companies are increasingly use Twitter as the medium of communication. A statistic by Nielsen shows that Facebook demographic profile is around the 31-33 years mark and tending to the older ages whereas Twitter age profiles are 26-31 and tending to younger ages. What helps Twitter are the fan followings that the big crowd pullers get who are mostly less than 30 years. Check Ashton Kutcher, Ophray Winfrey, Shahid Kapoor, Chetan Bhagat, Priyanka Chopra, Genelia D Souza on Twitter. It is easier to follow them on Twitter rather then they have inordinately large Facebook accounts with hundreds of thousands of followers.
Finally, the Facebook versus Twitter trends validate the usages that both these portals serve. For instance, Twitter serves up with News such as Iran Election, Gaza, Iran, Earth Hour, AIG, Wave, Windows 7 and more. Most of these topics are macro discussions and relate less to individual and more to a continuous news stream. The Facebook is about I, Facebook Applications (How the user indulges in his online activities), Fan Followings, Celebrities etc. Interestingly, Twitter also finds a mention as a FB trend.
Net of all things: The debate “Which is better: Facebook or Twitter” is quite fruitless. Twitter and Facebook help in forging the user’s online identity: a social side and an “interests”/crowd/community side. Both have commonalities but the usages are very different. For me, I have a Facebook account for my social circles, a Twitter account for the crowd conversation, a Linked in Account for my Academic/Professional pursuits and a blog for showcasing my thoughts and ideas. It isn’t as much “A versus B” as it is about being complementary.
2009 has been the Year of Twitter and Facebook. The micro-blogging service Twitter’s mainstream popularity exploded while Facebook passed MySpace to become the world’s leading social network. Facebook doubled their size this year from 150 million users to 350 million users. With 350 million members, if Facebook was a country it would be the fourth most populous nation. On the other hand, Twitter had a count of two to four million users at the beginning of the year. Now there are near 40 million, a 10-20X explosion over the year.
The flight of Twitter :Twitter has reportedly spurned takeover offers worth hundreds of millions of dollars from Google and Facebook, and its influence as a communications and news-breaking tool has been validated in a number of ways over the past year. Twitter’s potential for instant, up-to-the-minute news delivery became evident in the 2008 presidential elections. And it grew ever more prominent with big-time news events in ’09 like the Hudson river emergency plane landing, the death of pop star Michael Jackson. In June, the State Department (US Fed) asked Twitter to delay scheduled maintenance on the service because it was being used by protestors angered by the results of Iran’s disputed presidential election. More recently, Google and Microsoft began integrating Twitter messages into their respective search engines, a new feature described as real-time search. Rampant adoption of smartphones has much to do with Twitter’s growth. Twitter has developed into a communications platform, a hybrid between instant messenger and email.
Facebook started making money: Facebook, which started the trend of opening up to outside creators of fun mini-programs, was also quick to realize the appeal of being able to connect from anywhere at any time. The thing they’ve done and MySpace didn’t do is they’ve really expanded the scope of their network past the initial site, Facebook Connect is a big piece of that, where the user can take his Facebook account and log in from other places. In ’07 and ’08, the hot developer trend was to build an application for Facebook’s platform that members could install and share with their friends; in ’09, the usage multiplied so much that the platform clogged and spam concerns caused Facebook to crack down on the rules. Some Facebook Platform apps continued to flourish phenomenally–namely, games. Companies like Zynga, Playfish and Playdom manufactured one “social game” after another, pulling in revenue that collectively may have surpassed Facebook’s own. Thanks in part to the phenomenal traffic of these apps and the ad space that app makers purchased to pull in even more players, Facebook became cash flow positive well ahead of schedule.
The effect of Twitter and Facebook is in the manner they are redefining the way in which companies or politicians relate to their consumers or constituents. Companies or politicians who have taken to Facebook or Twitter or YouTube are building more of a permanent relationship with their constituents or with their customers because they’re engaged in a conversation
Continued: Comparing users and usages of Twitter and Facebook
Unique visitors to Twitter increased 1,382 percent year-over-year, from 475,000 unique visitors in February 2008 to 7 million in February 2009, making it the fastest growing site in the Member Communities category for the month. Zimbio and Facebook followed, growing 240 percent and 228 percent, respectively.
The emergence of India in Twitter land!
Twitter continues to be dominated by users from United States, its slowly gaining prominence in other countries as well. Almost half of Twitter users come from United States followed by Germany. India, till a few months back was fighting to be among the top ten Twitter users in the world; now is the land of third highest Twitter users in the world.
It is great to see Twitter expand at this rate in a country which has only 7.1% of its population using internet. The internet usage in India has grown at 1,520% from the year 2000 to 2008 and today it has the fourth highest number of internet users.
Twitter has already become the third most popular social networking site in India. The first and second being Orkut and Facebook respectively. According to the top sites by Alexa in India, Twitter is already the 13th most popular site in the country. The social networking scene in India has increased by leaps and bounds and the followership can be a telling factor in a lot of marketing and branding initiatives. No wonder then, that brands in India are increasingly using Blogs, Micro Blogs and other avenues to reach out and engage their consumers and one can see trend taking over in India.
1 in 5 tweets contain an expression of brand sentiment
A fresh new study done at Penn State by Jim Jansen, Mimi Zhang, Kate Sobel and Twitter chief scientist Abdur Chowdhury talks about how consumers use Twitter to talk about brands. This is being published in an upcoming issue of “The Journal of American Society for Information Science and Technology,” shedding some light on how many people are Tweeting about brands and what they’re saying.
The study analyzed half a million Tweets analyzed in a 13-week period. 19% tweets talked about a brand of some manner.Although the positive tweets represented the largest quantity, there were a substantial percentage of negative tweets. Prior research in the impression formulation literature has shown that negative comments have a greater impact than positive ones.” This re-enforces the popular anecdote that an angry customer has a greater affect on a company than a positive one.
The Impact on Brands and Marketing
There is a trend when it comes to micro-communication and what it is used for. Businesses use micro-communication for brand awareness, brand knowledge and customer relationship. Personal use is all over the board.
In effect the consumer say about the brand has now magnified and brands are finding newer methods to connect and engage with their users. A brief sample of efforts made by mobile companies in India and globally:
http://www.samsungblog.co.za , http://www.lgblog.co.uk, http://www.viewty-blogspot.com and http://www.conversations.nokia.com discusses Samsung/Nokia/LG technologies and products and is a means to disseminate information and educate the consumers on Samsung/Nokia and its products/services.
A few days back, Samsung_mobile was launched in Twitter to tweet about its new releases in India
Even the home grown Micromax has Micromax-mobile.blogpot.com as a means to talk about their products.
Facebook profiles of company initiatives are not unusual anymore. Fan Following helps!
Tweets have an impressive ability to reach consumers and are about as close as one can get to the customer point of purchase for products and services. From a consumer perspective, it gives them the power to tap into the experience and collective of other users and peers. From a brand perspective, it gives access to “active” consumers and “interested” targets. It is also an active means to seek feedback and study competition ills and plusses. On a higher level, crowd sourcing can be a very dynamic design approach to new products, technologies, delivery mechanisms and services. Check Wikipedia for an example! Never before have consumers had access to so many opinions at all stages of the buying and decision making process than today and the actions that companies take both in the marketplace and on social networks will prove to be an incredibly important factor in purchases for the foreseeable future.
Facebook, then is on a roll after a whopping $50 million acquisition of Friendfeed in cash and stocks. World’s largest social network just boosted their technology in real-time updates, conversations and search.
And right after the acquisition news came the update from Facebook that they are rolling out the new Facebook Search which will enable users to search for status updates, photos, notes, images and links. Facebook has effectively nipped one of its major shortcomings in the bud: to somehow index and arrange the millions of data flowing through the social network.
Let’s have a showdown between the three giants on the web right now.
Facebook vs. Twitter
Twitter has been the leader in real time search till now, but by making Facebook real time searchable they have challenged what Twitter wants to do: to be the pulse of the planet. And the FriendFeed technology and interface has always been acknowledged as the best; combine this with the content of 250+ million members from Facebook and you have got yourself a fast, accurate and huge search engine; the true pulse of the planet.
Arranging real time information has always been difficult because it is hard to differentiate the conversations from the chatter. There are times when the relevant talk just gets buried in a flood of useless chatter. The new Facebook will crawl the last 30 days of news feed and bring you results.
Of course, it’s not as if Twitter is going to shut down just because Facebook added some new features. Users have spent months in building relationships and networks there; they won’t shift easily. And I still stand by the idea of using @twitter_handle for calling users and connecting them in 140 words.
Can Facebook duplicate this too?
Facebook vs. Google
You think it’s a co-incidence that the Facebook acquisition and new real-time search engine news were announced on the same day? Entirely wrong, my friends.
I have been a long time believer in the simple fact that if there’s any potential in the future of search, it is in real time. And Google has just been backslapped by Facebook. As I said, the real time search capabilities of FriendFeed combined with the huge mass of Facebook is a power to reckon. The data was always flowing in the Facebook pipes, someone just needed to mine it.
Does the fact that Google also announced new tweaks in the search engine change tilt the showdown in their favor? Well, maybe slightly. But you can keep making search load faster or even give more results; if you can’t tell me what’s happening 5 secs ago then I am not interested. We are all impatient by nature.
Money wise, if the Facebook and FriendFeed brains can crack the real time code, then they can convert the millions of comments and links sharing into billions of keyword searches. And there in lies the business model.
If you look over at Google’s court you will see Google Wave coming soon which promises to be the new definition of web communications. And they are still the forerunners in indexing data accurately (though Bing might be catching up, especially after the Yahoo! deal). Google Android and Chrome in them hold high stakes in transforming how our future generations will see the web, mobile or otherwise.
Google vs. Twitter
I don’t think there are many debates here. Unless Twitter learns how to index the links that flow around in their pipes, most of the talk on Twitter is just chatter. They are definitely the winners here in real time search, while Google leads in quality. And let’s not forget that Twitter still hasn’t found out a monetization plan.
So, this was it; a complete breakdown of the what-is-what of internet. Facebook and Friendfeed will be the beginning of very exciting times on the social media and internet scenes around. Watch this space!