Mark down April 2010 as the month when consumers took control of advertising. That’s when Twitter rolled out Promoted Tweets—its real-time, open conversational ad platform advertising model, where the content itself is the ad and where user engagement and resonance determine an ad’s life cycle and exposure.
Historically, the advertising paradigm has relied on advertisers paying for and serving up messaging to consumers who were then forced to see the ads by virtue of their consuming media. Consumers could certainly skim over a magazine ad, take a snack break during TV commercials, or be blinded to online banners; however, if advertisers paid for an ad flight it ran whether or not consumers cared about the message.
Not so with Promoted Tweets. Imagine focus group and Millward-Brown testing in real time. Consumers who see advertising within Twitter essentially “vote” with their actions in real time to determine message resonance and whether an ad gets to live or die.
Twitter’s model works like this: A normal Tweet gets posted to a Twitter account and then gets designated and “promoted” to the top of Twitter search results when someone searches for a specific topic or keyword—similar to paid search keyword advertising. But, unlike paid search, if consumers don’t engage with the ad (i.e. sharing, re-tweeting, clicking on link, following, etc.) it will be deemed unworthy and will disappear from the ad stream. If advertisers don’t create compelling messaging that resonates and forces some level of interest and engagement the ad will be pushed out of the spotlight. It’s no longer about repetition or scale, it’s about consumers giving a thumbs up or thumbs down. Get the message and creative right the first time or suffer the consequences.
In short, advertising has become a popularity contest where resonance, ideas, and creative make the difference. Currently, this paradigm only exists within Twitter, but the ramifications are huge—this model could easily applied to paid search, online banner advertising, and even iTV advertising. It’s not a matter of whether it will happen; it’s a matter of when.
Will you be ready?
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