Social Network in Action: How Twitter Helped Me

Twitter has become a tool that I have come to love. It has provided me a way to connect with people I have never met, and it has helped me find information that I might have missed otherwise. A recent experience on Twitter showed me how this tool can be used to gather customer feedback and also to collaborate with others to solve a problem.

Last week I wrote a small tool to help me create short url’s with Google Analytics Tracking embedded in them. This tool allows me to create short URLs for links that are both external (not residing on my site) as well as internal (residing on my site). The tool is open to the public so please give it and try and send me your feedback. It is nothing fancy but something that I needed for my own use. (More on this in another blog post). (Also see, Twitter Analytics and Google Analytics Twitter URL Builder)

At 11:04 p.m. on February 5th I tweeted about this tool.




Within minutes I got my first feedback in a direct message (also called “DM” in twitter language).



Yes, I had not tested the tool in other browsers and O/S but my Twitter friends came to my rescue and provided me valuable information. Several other people jumped in and provided feedback. I immediately jumped into action to fix this issue. Had it not been for Twitter I don’t think I would have been able to get such feedback so quickly.
Next I was able to isolate the issue, which was a JavaScript problem. The JavaScript I had on the page worked fine on IE but not on Firefox. Since I am rusty with my JavaScript I had 4 options

1. Search on a search engine and try to sort out all the content and find what I was looking for.


2. Call one of friends/colleagues/Freelancers who are JavaScript gurus


3. Buy a JavaScript book and try it on my own


4. Try to find if my Twitter friends (people I might not have met in person but are following me on twitter) will help again

Given that it was late, I went to bed and thought about fixing the JavaScript issue the next morning. The next morning I decided to give option number 4 a try, and posted the following message in Twitter:




I posted the message on Twitter at 7:25 a.m. and within minutes I got reply from my Twitter friends, who helped to debug or find a solution for me.



Isn’t Twitter a powerful tool for feedback and collaboration? Despite all the noise that happens on Twitter, it can be a very valuable tool, as I have found it on several occasions.

Following are my Twitter Friends, who provided me the valuable feedback, helped with the javascript issue and/or help spread the word via their ReTweets (Thank you all).

• Bryan T Robertson


• Deepak Kumar


• Stephane Hamel


• Birger Friedrichs


• Marcelo Calbucci


• David Iwanow


• Jeremy Sisson


• Krishna


• DorisEichmeier


• cbgreenwood


• moniforce


• Thomas Bosilevac


• Shannon Yelland


• Aaron Lovelace


• Neil Minetto


• Stuart Schwartz (He has helped me a lot with the JavaScript used on that tool)

Comments? Questions?

----------------------------------------------------------------------------
Looking to fill your Web Analytics or Online Marketing position?

Post your open jobs on http://www.web-analytics-jobs.com/
----------------------------------------------------------------------------
Site: AnilBatra.com
Twitter: http://www.twitter.com/anilbatra

ReTweet Demystified

Last week I wrote a blog on Twitter Analytics. In this post I am going to talk about a ReTweet, a Twitter action and a KPI that I mentioned in my previous blog posts on Twitter.

ReTweet is when someone takes your tweet (a post on twitter) and tweets it again so that his/her followers can read it too. ReTweet is where the true power of a network like Twitter emerges.

For example if you have a network of 1000 followers then you are only reaching 1000 people. But if those 1000 (or subset of them) people take your message and ReTweet it so that it is broadcasted to their followers that’s when the message begins to extend beyond its original reach. If the message is compelling then it will be ReTweeted by your followers and their followers and their followers and it will go on.

ReTweet Best Practices

• How to ReTweet
  
  You like a tweet and decide to send it your followers. You generally do it using RT, R/T, ReTweet followed by a blank space, the symbol @ and the username of the person who tweeted it and then the tweet. Keeping up with spirit of Twitter, RT has the least amount of characters and is the best way (in my opinion) and the most common way to retweet.
  
  Example:
  
  RT @anilbatra Working on a post on ReTweeting to continue my series of #twitter posts, http://cli.gs/6tgAUT. Anything that you would like me to cover? #wa
  (I know this is more than 140 characters but that’s the not the point).
  
  Here again is the format of ReTweet RT @username [tweet]
  
  


• Proper ReTweet Attribution
  
  Since the real power of ReTweet is that it propogates the message byond direct followers so what is the right format of ReTweet when you get a message from JohnDoe that was a retweet of a message of JaneDoe? Should you ReTweet it as a message from JohnDoe or JaneDoe or both?
  
  The correct way to RT, in my opinion, is to always credit the original tweeter and if you still have room left to add more characters in your tweet then credit the person who sent you the tweet.
  
  Example:
  
  AnilBatra Tweets: Working on a post on ReTweeting to continue my series of #twitter posts, http://cli.gs/6tgAUT. Anything that you would like me to cover? #wa
  
  JohnSong takes this message and RTs: RT@anilbatra Working on a post on ReTweeting to continue my series of twitter posts, http://cli.gs/6tgAUT. Anything that you would like me to cover?
  
  Aaronlovelace gets this tweet from JohnSong, he should credit this tweet to anilbatra and if there is still space for more characters then he can RT with johnsong
  
  Aaronlovlace tweets: RT@anilbatra RT @johnsong Working on a post on ReTweeting to continue my series of twitter posts, http://cli.gs/6tgAUT. Anything that you would like me to cover?
  
  The main thing to keep in mind is to credit the original Tweeter first and then the person who passed the tweet to you.
  
  According to a tweet from @agray, you should not add the hashtag (#) again if you are not adding any new insight in the RT. (see the example above, where a hashtag was removed from both twitter and wa).
  
  

Why Should You ReTweet?

RT also help you in gaining new friends and followers.
ReTweeting helps you propagate a message to your followers that is relevant to them but might have missed since they don’t follower the original tweeter. They might rely on you as an expert in certain area and it becomes your obligation to your followers to keep them updated on the tweets in your area of expertise.
If you take someone’s message and RT then you are sending a message to that person that you are an ethical ReTweeters and genuinely following that person (and BTW: pay attention to my tweets and return the favor by ReTweeting my messages).

ReTweet as a Measure of Success

As I wrote in my previous blog post, ReTweet is one of the KPIs you should use to measure your Success on Twitter. ReTweets is a measure of how good your tweets are. If you send a message and nobody ReTweets then possibility is that the message was not compelling enough for people to ReTweet or you have followers who really are not paying attention to your tweets. As I said before the ReTweet propagates your message beyond your direct followers. This allows you to reach people who might not have otherwise followed you.

For ReTweets to work we all need to follow the ReTweeting best practices I outlined in this post.

Comments? Questions?

Other Related Sources:

• What is RT(retweeting) by Kevin Rose


• Track your Retweets with ReTweetist

----------------------------------------------------------------------------
Looking to fill your Web Analytics or Online Marketing position?Post your open jobs on Web Analytics Job Board
----------------------------------------------------------------------------
Site: AnilBatra.com
Twitter: http://twitter.com/anilbatra

Social Networking Sites and Advertising

Social Networking sites are used by millions of people around the work and thousands of new users are jumping on social networking sites every day. Almost all of these social networking sites and new entrants are dependent on the advertising to generate the revenue to keep them going. However, a study by BurstMedia shows that consumers have a very low tolerance for online ads.

52.6% of those surveyed accepted that advertising will appear on a web page but they had very low tolerance for more than 2 advertising units per web page. 29.9% of survey respondents said that they will leave the site immediately if they perceived it cluttered. Women are more likely than men to abandon the site. (Have lots of ads on the site and can’t figure out why people are abandoning, this might be a reason, time to do some testing)

It is not only the publishers who are negatively affected by the ad clutter but also are the advertiser’s products and services. 52.4% respondents has a less favorable opinion of an advertiser when their advertising appears on a web page they perceive as cluttered.

A study by IDC shows that the users are less tolerant of Social Networking Services (SNS) advertising than other forms of online advertising. Ads on SNS have lower click-through rates than traditional online ads (on the Web at large, 79% of all users clicked on at least one ad in the past year, whereas only 57% of SNS users did), and they also lead to fewer purchases (Web: 23%; SNS 11%).


Lack of ad effectiveness and slowing economy is making marketers cut their spending on Social Networking sites.

Market research firm eMarketer has cut Social Network ad spending estimate for 2009 to $1.3 billion down from $1.8 billion it projected earlier. It has also lowered 2008 estimated from $1.2 billion from $1.4 billion.



"As consumer usage of social networking sites continues to flourish, advertising has not kept pace," a release from eMarketer explained. "In 2008 and 2009, the recession will affect all forms of online ad spending, but experimental formats, such as the ones available on social networks, which cannot always demonstrate a proven return on investment, will be hit particularly hard."

So what should Social Networking sites do? Charge customers for the using the site? Nope, that is not going to work either. A recent AdAge study showed that no matter how much consumers hate advertising but they are not even going to pay for their favorite sites.

According to IDC Lower-than-average ad effectiveness on SNS will continue to contribute to slow ad sales unless publishers get users to do something beyond just communicating with others. If the major services succeed in doing so, they will become more like portals, such as Yahoo! or MSN, and they will come closer to the audience reach of the top services. If that happened, publishers would be better able to monetize their SNS.

Side Note:

eMarketer has also cut its overall online ad spending estimates

It reduced 2008 to $23.6 billion from its August estimate of $24.9 billion. The online ad growth is still increasing and is expected to be 11.3 percent higher than 2007. In 2009 this increase will be 8.9 percent over 2008.
Hardest hit is the display advertising, for which the growth rate estimate was cut from 16.9 percent to 3.9 percent. Search ads are expected to grow at 21.4 percent in 2008, its lowest level so far. Next year the search-ad growth rate should be at 14.9 percent, the company predicted, dropping to 10.4 percent in 2013.

Comments?

Site: AnilBatra.com

Twitter: http://www.twitter.com/anilbatra

----------------------------------------------------------------------------
Looking to fill your Web Analytics or Online Marketing position? Post your open jobs on http://www.web-analytics-jobs.com/