In an article released today, Brian Womack of Bloomberg.com reports that Twitter is exploring revenue models that include charging businesses to use Twitter, rather than seek additional venture capital funding. The company has already raised $22 million in funds, but with the current state of the economy, Twitter CEO Evan Williams says, “the VCs have the money, but they’ll just negotiate harder” wanting a larger return on investment.
According to the article, Williams said that Twitter may charge businesses to reach users. This may include opt-in coupon promotions, market research and display advertising. “I want to manage things so I don’t have to raise money in 2009,” Williams said.
The article also states that “global visitors to Twitter rose almost fivefold to 5.57 million in September from a year earlier.”
Okay, I admit it. I’m important to me. But for businesses, many things are important. Your brand, your products, mentions of things within your industry.
TweetBeep allows you to enter search strings that are run at regular intervals and, if there is a hit, it mails them to you.
You simply enter the search string and whether you want it to send you information every hour or every day.
You can even search for information from specific users or to specific users, as well as tweets in a specific location.
If you own a restaurant with a fairly common name, you can only search tweets from people in the area.
TweetBeep can help automate your data mining and market research efforts on Twitter.
A very handy, free tool all the way around.
Jim Benson is a partner at Modus Cooperandi and blogs at Evolving Web. Jim is a management consultant who uses social media tools and principles to help his clients communicate. Follow him on Twitter.
Guest Post by Becky McCray
“Create useful content” is just as valid in microsharing as everywhere else. Lorie Marrero (@clutterdiet) used that idea to build her following on Twitter and to build her organizing business.
She joined Twitter in March 2008, and started the #ClutterTweetTip or #CTT as a daily branded tip, using TweetLater to schedule and post in advance. To promote it, she used lots of classic ideas.
“I blogged about my daily Twitter tip. I also put it on the page where people sign up for my newsletter, and put it on my e-mail signature too. Someone posted my blog entry about Twitter to an industry listserve, and now a bunch of other organizers are on Twitter too.”
Has she inadvertently brought on her own competition?
Lorie cites these direct results from Twitter:
“All good stuff! ” Lorie said. “And I credit my #CTT for getting me enough followers to be noticed at all.”
You’ll find Lorie’s blog at www.clutterdietblog.com, and you’ll find her @clutterdiet on Twitter.
Becky McCray profiles small business successes and failures at SmallBizSurvival.com.
Ed note: “Met” Lorie when I accidentally appropriated #CTT to play a Twitter game. (”Complete This Tweet: If my closet was a TV show, it would be __________________________ (mine? “What NOT to Wear”)) Ironic that I started the meme out of closet frustration. Great to stumble across this small business Twitter success story in such a typically Twitterly way.
UPDATE: 9.25.2008 List updated to correspond with our research: Enterprise Microsharing Tools Compared.
My list (based on Jeremiah’s) of publicly known “Twitter-like” microsharing tools for internal deployment within companies. I’m keeping it spare to make it easier to update. See Jeremiah’s list of tools for more explanation and descriptions. *I also include four open source applications reported by John Eckman.
I’m aware of roughly 5 other similar, but unannounced, projects. Guessing these 20 are the tip of the iceberg.
Joint Contact looks pretty awesome, has microsharing features and integrates with Twitter. Cool enough that we may try it, but, not really what we consider an internal microsharing tool. What we love most is that it’s using Twitter to send notifications and accept remote updates. This in/out “command line” function is an important function that we predict for enterprise microsharing tools.
IDidWork offers microshared track completion along with evaluation and performance, and it’s short and sexy like microsharing, but a social network it is not, even in the “you and your team task feed” group version.
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Image via CrunchBase, source unknown UPDATE 2: Adele McAlear just posted this great, thorough writeup of Yammer’s features, pros and cons.
UPDATE: TechCrunch’s own coverage of the winners has posted. Money quote: “There is such a huge demand for this type of service that 10,000 people and 2,000 organizations signed up for the service the first day it launched on Monday.” Go ahead take a peek, I bet people from YOUR large company are already on there.
Word on Twitter is that enterprise microsharing startup Yammer just won the top prize at Michael Arrington and Jason Calacanis’s TechCrunch 50 startup conference and competition.
Yammer’s on-stage presentation at the event:
As Jeremiah Owyang blogged a few days ago, there’s already a list of internal microsharing tools coming to market. His remarks on Yammer:
Yammer
Simply detailed as: “What’s happening at your company? Share status updates with your co-workers.” recently reviewed by webware. Launched in Sept 08.
Congratulations Yammer. We (obviously) think you’re onto something, and sincerely wish you well.
Steve Mulder’s “5 Marketing Tips for Tackling Twitter” is one of the best Twitter-for-business posts yet. Like Chris Lynch writing about 4 business uses of Twitter in CIO, he breaks it into a simplified framework of five core ways businesses can engage.
He calls them “Marketing Tips” but that sells the piece short. I especially love that he starts with LISTENING; a universally valuable use of Twitter whether your business ever publishes there. Skeptical? Search your brand or keyword here, now.
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In the last session at New Marketing Bootcamp yesterday, we did a case study on www.youcastr.com, which offers a live and recorded audio (and soon,) video broadcast and interaction platform for high school, youth and college sporting events.
They want to know where they can find more users and demonstrate how easy it is to produce your own content using their site.
We brainstormed a number of ideas as a panel (CC Chapman, Michelle Riggen-Rans, Adam Darowski, Aaron Strout and I), so the list is a bit “live-bloggy” but I thought it was worth sharing.
They’re revising their user interface to make the home page more accessible, and in the live session they captured these and a bunch of other useful ideas that I may have missed in my notes. Good luck to them going forward.
Image via CrunchBase, source unknown On a slight tangent, Happy Anniversary to Seesmic! Why include that here? Perhaps the best thing Seesmic does for web video is make it dead easy to try, and that’s the main challenge YouCastr faces. On Seesmic, you give your browser access to your webcam, hit a big red button in the middle of your nose, and you’re recording. It lowers the bar and encourages more people to experiment with the medium. You even can install a blog plugin to make it easy for readers to leave video comments on your website. People I have met and accessibility I’ve gained through Seesmic have both made a tremendous difference in my world this past year. If you haven’t tried it yet, I think you should.
St. Louis Post-Dispatch designer Erica Smith has released her second monthly analysis of the newspapers and newspaper journalists that Twitter. (Her July report is here.)
When Hurricane Gustav was heading toward New Orleans, the @gustavreporter (Chicago Tribune) and @trackinggustav (Statesman) were on top of it. With hurricane-specific accounts and reports from Louisiana. (Notice a trend? Those papers get it.) Statesman Internet editor Robert Quigley said @trackinggustav received 6,500+ page views directly related to his Twitter posts.
All of this re-affirms four things:
1. Newspapers can and should participate in social media.
2. Participating means not just throwing headlines at your readers, but following them and listening to what’s going on.
3. With Twitter, newspapers can make and break news just as quick — if not quicker — as the competition.
4. Twitter can drive traffic to your site.
Read the full post for her overview of Twitter’s increasing role in journalism. She tabulates an exhaustive list and analysis that covers
The New York Times dominates the analysis, with 6 of the top 10 most followed newspaper Twitter streams, and 24 feeds overall, which is about twice as many as other top “Twittering” newspaper properties. (It should be no surprise to readers that our own Boston Globe has just 6 feeds, although that’s no bad considering their recent coverage of Twitter.)
Clive Thompson’s Brave New World of Digital Intimacy in tomorrow’s New York Times Magazine digs into phenomena at the core of microsharing. I’m quoted, but link to it for its objective value. As Boing Boing’s Xeni Jardin writes “(he) really nailed a number of things I’ve been struggling to put into words for years.”
Some comments asked for more about “the value,” so I added this:
“What’s the value?”
It comes in many ways but they take time, engagement and even some serendipity to experience directly. I’ve lived it. I’ve seen it happen to many. One specific scenario:
In March 2007 I was a mom of two kids under two rebuilding my consultancy in a new city with no business network to speak of.
Today I wrapped up a business trip to NYC where I met with six c-level media and agency executives, two well-known journalists, my book agent and dozens of respected friends, contacts and colleagues. All of these contacts were made and cultivated via Twitter. Most logistical coordination for the trip was handled via Twitter. And yes, many of us combine the time-saving and reach-extending leverage of networking online with the substance of connecting in person.
While my experience is obviously not average, opportunities for connection, mentoring, personal and professional development, business, collaboration (and much, much more!) present themselves on Twitter and related platforms thousands and thousands of times over. Nonprofits, executives, national brands, [hobbyists,] those struggling through challenges or enlivened by their hobbies (I could go on, can you tell?) are coming together and making valuable connections in new ways we don’t fully understand yet.
We know it’s important [to] share ideas and to surround yourself with successful, inspiring people. We know that substantial business goes on at receptions, dinners and the golf course. We know that harnessing the power of loose ties leads to better opportunities and problem-solving.
Ironically, the contrived nature of this “ambient intimacy” powerfully mimics the natural human process of acquaintance. Dan Bricklin pointed out close parallels to The Little Prince chapter where the Fox asks to be tamed via non-confrontational, non-transactional presence. Proximity, time and repetition of this presence are what leads to connection, aka taming, aka… love.
We’re seeing genuine tribe-finding, sharing, strength and solidarity. We’re seeing ideas spread faster and further, real problems solved faster, genuine connections and introductions made with more ease, and a bubbling up of substantial news and cultural/market information from the sum total of expressions in the system.
Full disclosure: my personal and observed experiences of what these technologies make possible is so powerful that I now speak, consult and explain to others how to use them.
I encourage you to keep your mind open about what comes next. I thought Twitter was asinine too. Many did. But many feel strongly about the value of what we’re learning there.
— Laura “@Pistachio” Fitton, Boston, MA