Twitter Inc (TWTR) New Ad Tool Targets TV Conversations

TwitterElisaRiva / Pixabay

As some analysts said needed to happen, Twitter Inc (NYSE:TWTR) has taken a step toward differentiating itself from other social networks. The company has launched a new advertising tool which is designed to target conversations about television shows.

Twitter reveals TV conversation targeting

CNET‘s Steven Musil reports that the new feature is called TV conversation targeting. It enables brand names and TV networks to engage with users of Twitter Inc (NYSE:TWTR)’s network while they are conversing about specific television programs. Brands and TV networks use Promoted Tweets to do this, even if they are not currently running an ad through the program, according to Twitter‘s blog post.

Twitter backs up new feature with research

The micro-blogging site has apparently done research to see how effective this tool might be before launching it. Twitter Inc (NYSE:TWTR) reported that Promoted Tweets, when paired with television commercials, provided 95% stronger association in messages. It also provided between an 8% and 16% increase in sales. In addition, it cost 36% less to acquire customers than television alone did.

The new feature starts in the U.S. and the U.K. but will soon be rolling out to other countries, including Canada, France, Spain and Brazil.

Twitter partners with TV networks

This new tool is the latest in a series of steps Twitter is taking to partner with television networks. The company is hoping that it can see large advertising revenue by targeting entertainment. Recently Twitter inked a deal with CBS which allows the company to embed clips from some of its television shows right in its tweets.

The CBS partnership is also part of a bigger campaign, the Amplify program. It gives users video clips from its television partners, and those video clips come with short ads. The partners in the program then are able to use Promoted Tweets to target their videos to users who may be most interested in them.

For exclusive info on hedge funds and the latest news from value investing world at only a few dollars a month check out ValueWalk Premium right here.

Multiple people interested? Check out our new corporate plan right here (We are currently offering a major discount)

About the Author

Michelle Jones
Michelle Jones was a television news producer for eight years. She produced the morning news programs for the NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spent a short time at the CBS affiliate in Huntsville. She has experience as a writer and public relations expert for a wide variety of businesses. Michelle has been with ValueWalk since 2012 and is now our editor-in-chief. Email her at [email protected]

Be the first to comment on "Twitter Inc (TWTR) New Ad Tool Targets TV Conversations"

Leave a comment