360DigitalInfluence

Ogilvy Public Relations Worldwide
Aug 20

Twitter’s Effect in the Marketplace

According to a recent eMarketer report, Twitter - so far - isn’t all it’s cracked up to be for the marketing industry. Only 8% of those in the advertising world feel that Twitter is effective for marketing to their audiences - partially because of the lack of knowledge and awareness that the general consumer has around Twitter. Research from LinkedIn showed that while over 80% of advertisers knew Twitter, only 30% of consumers on the Web were familiar with the micro-blogging tool.

emarketer_twitter

50% of consumers said Twitter was somewhat to very effective for marketing and promotion (while 58% of advertisers consider Twitter to be at least somewhat effective). eMarketer’s take is this:

“While marketers, and advertisers, media [and celebrities]…have jumped on the Twitter bandwagon, the average US consumer has not. And without broader consumer acceptance - not to mention awareness- it can’t be considered an effective marketing tool.”

So how can we make the best use of Twitter in our marketing strategies?

First of all, it’s important to note, that like any other social media tool - Twitter should almost ALWAYS be incorporated into a larger promotion/communication/marketing strategy. Based on the research above, we know that most likely, Twitter communications will only reach a part of your audience, not all - so integrating Twitter into larger campaigns is key. The other key component is making sure you are catering to the needs of your Twitter audience. A brand can be on Twitter, and so can it’s key audience, but if the brand is not in tuned to what the audience wants or needs - then the marketing strategy won’t be effective .

Most likely this is common sense for those of you reading, but it doesn’t hurt to reiterate these facts - and support them with a few new examples of great ways to integrate Twitter (and social media) into a marketing campaign.

Best Buy’s Twelp Force

Taking ComcastCares to a new level, Best Buy created a team of technology experts to be on hand around the clock - ready to answer customer’s (and potential customer’s) questions. The key point to call out here is that this service is not only being promoted on Twitter through the Twelp Force team members and their engagements with others, but also through traditional broadcast media. Best Buy has created commercials specifically to market this service - and build that consumer awareness - one of the key pieces missing according to the eMarketer report.

Have the TV spots helped to increase engagements? Launched in July ‘09, @TwelpForce has gained over 9,000 followers in the last month. And @replies to TwelpForce are exceeding 100 Tweets/day.

Check out TechCrunch’s article last month for more on the campaign.

Ashton Kutcher

Not only is he the love of my life (don’t tell my husband…) but he is also extremely smart when it comes to using social media. His most recent case in point: Spread. An indy movie with no marketing budget - Ashton has taken it upon himself to build awareness and spread word of mouth (no pun intended, I think…) about the new movie through his social media outlets. Creating a new YouTube channel, Ashton posted a video telling the back story of Spread and how his fans can help get the word out on the Web.

The thing that works here - is that Ashton knows he’s got his target audience on Twitter - over 3,000,000 to be exact. His fans want to know what he’s doing and have a chance to connect with them, and by asking for their help in promoting Spread, Ashton has allowed his fans to feel like they can make a difference and be a part of Ashton’s life. And Ashton’s making a point to show his appreciation personally, through Twitter, to all those who are helping out - a must-do in Twitter Best Practices.

As a fan of Ashton Kutcher - I’ve got to end on this note - go see Spread, the movie, in select theatres near you!

4 Responses to “Twitter’s Effect in the Marketplace”

  1. Effectiveness of Twitter Marketing : Tech Crunchies – Internet Statistics and Numbers Says:

    [...] an automated account on Twitter is enough to cure their product of all promotional hassles. But how effective is Twitter to the mortal [...]

  2. Noreen Mastellon Says:

    I can appreciate the article’s focus will be on larger brands but what about twitter and the small businesses; the infamous Ma and Pa who don’t have big marketing budgets? A bakery in London attracted new customers by using Twitter to send messages when fresh bread and cakes were ready. The Albion in Shoreditch (twitter name albionsoven) first tweet test was to announce they had freshly baked scones. They were sold out within 10 minutes. Had to believe that I am one of the 8% in advertising who feel Twitter really does work.

  3. Clay Morgan Says:

    Two issues.

    First, if I’m not following you on Twitter, then your message is not reaching me, so I struggle with the use of Twitter and other social media to reach NEW consumers. Though, I see it has great strength in reaching those who follow you - perhaps marketing to existing customers.

    Second, I keep encountering “I want Twitter in my marketing plan.” That’s great, but some people are defining the tool before defining the task or the goal.

    It is a powerful tool, but you must know what you want to accomplish first, then decide if Twitter, or other social media, is the best route.

  4. Marc Says:

    “only 30% of consumers on the Web were familiar with the micro-blogging tool”

    Which probably totally fails to take into account that those 30% are probably quite analogous to the “20% of customers who generate 80% of revenue” type of consumer.

    Your company doesn’t *need* to be on Twitter, but not being on Twitter - or rather, not being effective on Twitter - means you’re not reaching a perhaps small, but very important demographic that can help broadcast your message to a much wider audience.

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