Social Media, including Twitter, Facebook, Google+, LinkedIn, are exciting. I’ve jumped in and am actively building a following with Twitter but to what end? Is there a way for me to monetize my Twitter campaign?
The short answer is “I don’t know.” After all, I’ve actively pursued Twitter for no more than the last two months. So far, I see almost NO interest on the part of my Twitter followers to visit my websites via links provided in my Twitter feeds. Or is the apparent lack of click throughs the result of the selective interest of my chosen tracking tool — Google Analytics? Neither do I have any clarity on this one. Shame that Twitter, itself, does not offer a comprehensive tool like Google Analytics.
I have some notions, however, that are pretty interesting. Someone sent me a link to an online service (I would rather call it a “web service” but that term has differing meanings, depending upon the audience; therefore, I avail of the term “online service”) called downtweet. While awaiting guidance from a contact as to how to use this “super geek” tool, I played around it for myself and determined that downtweet monitors Twitter’s universal feed and, thereby, provides a view of news and other text messaging as posted through Twitter. The bursts of new news and news updates as well as the breadth of news written up to the minute about general topics with wide ranging impact (for example, the debt ceiling negotiations here in the States) can be very useful if you need to monitor online reputation, or gauge the impact of publicity efforts, or notify the market of products in limited supply, etc.
The great thing about Twitter is that it is still evolving and, therefore, while its final positioning is still “under construction” various scenarios can be followed to determine what/where/how/why positions that online marketers can exploit to monetize their efforts.
In sum, then, I would say that this Twitter tool, downtweet, can be exploited by online marketers in the public relations and promotion businesses as well as companies that need to survey the broad market, for example, political strategists and pollsters. I hope to have the time to further conceptualize applications of this tool. From the looks of it, versions of this tool that can scan WordPress, Blogger, etc. would have much the same type impact.
Cool
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