Twitter Sells "Trending Topics" To Advertisers
destinyland writes "Twitter's 'Promoted Tweets' platform already allows advertisers to insert ads directly into its users' Twitter feeds. But advertisers will soon also be able to purchase spaces in the 'Trending Topics' area of Twitter. The space reserved for tracking topics seeing the most discussion will be sold for 'thousands of dollars a day,' according to advertisers who've been approached by Twitter, and while it could be a real cash cow for the service, some users argue that Twitter 'risks ruining the site if it lets the pursuit of profit interfere with the organic nature of the social network.'"
I would think that Twitter going away because they can't pay their bills anymore and the VC funds drying up might ruin the site a bit more. Nothing stays free forever.
Everything you know is wrong, Just forget the words and sing along.
They have to turn a profit. Look at how over-run youtube has become. It's pretty annoying, but they did it gradually which helped silent the complaints.
Twitter will do the same. Slowly but surely making it lamer than it already is. Look at its profit forecasts (from wikipedia):
"Some of Twitter's documents covering revenue and user growth were published on TechCrunch after they were retrieved by the hacker, Croll Hacker. These contained internal projections that in 2009 they would have revenues of $400,000 in the third quarter (Q3) and $4 million in the fourth quarter (Q4) along with 25 million users at the end of the year. The projections for the end of 2013 were $1.54 billion in revenue, $111 million in net earnings, and 1 billion users.[1] No information about how Twitter plans to achieve those numbers has been published. Biz Stone published a blog post suggesting legal action for revealing the details was a possibility.[28]"\
I don't see how they can ever reach such high estimates no matter what they do. But they will certainly try.
Careful What You Wish For....
... that the advertisements also are limited to 140 signs!
Nothing is going to happen. People are going to happily continue tweeting. They might notice the ads, say "Oh, look at that", and continue on their merry way. If facebook's privacy problems don't discourage users, this definitely won't.
Raters gon' rate.
I'm amazed a reference to this got modded troll here.http://www.penny-arcade.com/comic/2008/4/23/
Well, I for one didn't know the reference (thanks for the link), and would have considered the parent another annoying troll.
That's why I usually link to even semi-obscure references because I do not always assume that everyone reads/watches the same things as me.
If you can't mod them join them.
If they're going to sell ads, why not sell ads that look like ads? Why do they have to mess around with insinuating them into the service?
I mean, I pay nothing to post on Twitter. Put an ad in the corner. I promise not to run away.
http://rocknerd.co.uk
Twitter has been manipulating their trending topics for a while now. In the past they've added big live events like sports contests to their trending topics when, in my analysis, those topics simply weren't trending. How do I know? I spent some time trying to build a long-term trending topics list using the public_timeline feeds. There were obvious items there that were underrepresented in the actual tweets. They should label these "sponsored topics" as such.