Earlier today, Twitter announced that it will allow advertisers to target their promoted content based on the keywords in a tweet. I had a brief conversation with Senior Director of Revenue Products Kevin Weil who laid out Twitter's perspective on the announcement's significance.
"People always say that you are what you tweet," Weil said. (Always?) At the same time, he noted that the content of those tweets haven't been a significant part of Twitter's ad targeting instead the company uses things like your device, geographic location, and "interest graph" based on people you follow. With today's announcement, he said the content in public tweets have now become a "first-class citizen."
Coverage of the announcement, including TechCrunch's, has emphasized the ability this gives Twitter to target ads based on purchase intent, similar to Google's search advertising. Weil made a similar point, but with a slightly different spin. He said that Twitter's current interest graph targeting allows advertisers to find the "who" in the other words, the audience that's likely to be interested in the topics that they want to promote.
"With keyword targeting, you get the when," he said. So an advertiser isn't just targeting based on your general interests, but also what you're interested in right now. Twitter's blog post described this as reaching an audience "at the right moment, in the right context."
Weil said that this shouldn't change the experience for the user. They won't see more ads it's just an extra way to target those users. Nor does it change Twitter's emphasis on only showing ads that are genuinely engaging to users, he argued. Engagement rates for Twitter's ads are usually 1 percent to 3 percent, but they've been significantly higher in early tests of ads that also use keyword targeting.
He added that this is something that could be useful to both small and large advertisers. For example, if there was a big sporting event, a large brand advertiser might want to run an ad targeting anyone who's talking about the game. A neighborhood bar, on the other hand, could advertise their happy hour deal by targeting similar keywords, then use geotargeting to limit their audience to users nearby.
Weil will be speaking on our advertising panel at Disrupt NY, and I hope to get more details about the program from him then.
Created in 2006, Twitter is a global real-time communications platform with 400 million monthly visitors to twitter.com, more than 200 million monthly active users around the world. We see a billion tweets every 2.5 days on every conceivable topic. World leaders, major athletes, star performers, news organizations and entertainment outlets are among the millions of active Twitter accounts through which users can truly get the pulse of the planet.
Kevin Weil is the Senior Director of Product for Revenue Twitter, where his team is responsible for product strategy and execution for Twitter's monetization products. Mr. Weil formerly led the analytics team at Twitter, where he was an early evangelist of and contributor to the Hadoop ecosystem. Prior to Twitter, Kevin was the first employee at web media startup Cooliris, working in user growth and analytics. He has also worked at municipal wireless network provider Tropos Networks, Microsoft Research, and,...
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