forbes.com
Social
media marketing is a great way to reach out to customers. With the right
approach, a brand can reach thousands of consumers with one post. However, many
brands have a built-in audience of followers on their social media accounts,
which means when they post something, it’s likely going to the same group of
customers who already know about their offerings.
To reach
new customers, many businesses have opted for paid advertising on some of the
many social media platforms available today. Twitter is one of the most popular
of those platforms, but the company has struggled to compete with Facebook’s
and Google’s advertising options. However, with a new move, the company hopes
to attract new attention from businesses.
Twitter’s
Data Collection
Late last
year, Twitter reportedly began collecting information on its users’ smartphones
in order to arm advertisers with information they can use to successfully
target customers. The company is not only studying customer behavior within its
own app, but also learning from the apps they download. The social media site
earns the majority of its advertising income from direct sales to brands, but
the company didn’t meet expectations in its most recent quarter.
Twitter
isn’t the first social media site to use customer smartphone data for its
advertising efforts. When Facebook users download apps using their Facebook
login, the social giant gathers that information and shares it with developers.
But Twitter is using the information not only to learn more about its users for
improved advertising effectiveness, but also to improve the recommendations it
makes to users.
The Brand
Connection
This move
is designed to improve the experience for brand advertisers, giving them access
to information about the site’s users. By knowing the types of apps the site’s
users download, advertisers can more accurately target them based on their
interests. The move will be especially beneficial for businesses with apps,
allowing those businesses to more easily locate users who are likely to be
interested in downloading the apps they’re creating.
Twitter
users who are concerned about this information being collected can opt out in
the settings area of Twitter. However, the good news for businesses is that the
feature is turned on by default, which means that most users will leave it
untouched. This will generally ensure the integrity of the information being
collected.
How It
Works
To make
this feature work, Twitter is tapping into a feature that is built into iOS and
Android devices. This feature allows developers to scan devices for other
installed apps. This is a similar feature to spyware installed on a PC. While
it’s limited in the information it will deliver back, it does give developers
an easy way to generate a list of all of the apps installed on a person’s
device. Many smartphone users aren’t aware this collection effort is even
possible, much less taking place already. Twitter emphasizes it will only
collect information on the apps on a user’s smartphone, not specific activities
within those apps.
As
awareness of this feature in iOS and Android devices grows, more companies are
likely to follow Twitter and Facebook in finding ways to use it. This means
advertisers will be able to more directly target customers. Device owners who
choose not to opt out could receive ads for apps they’re likely to download, as
well as products or services that match apps they’ve recently added.
For paid
advertisers, Twitter’s app data collection means better targeting for their ad
dollars. While this information won’t be directly handed over to marketers, it
may eventually benefit marketers by recommending Twitter users that match their
interests. At the moment, however, the biggest benefit to marketers is through
Twitter’s paid advertising services.
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