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Guy Vs. Guy: Twitter: Killer Marketing Tool or Pointless Waste of Time?

June 18th, 2009 @ 9:00 am

16 Comments

Categories: Business, Guy Vs. Guy, Web Tools

Tags: Business, Twitter, Rick, Dave, ExecTweet, Marketing Research, Marketing, Rick Broida

Welcome to Guy Vs. Guy! In this recurring feature, Rick and Dave square off on the business and technology issues of the day. This week’s topic: Twitter. It’s everywhere these days, but does it have any practical value? Can businesses (and business people) leverage it as a cheap, unique marketing tool, or does the dearth of active users make it much a-tweet about nothing?

Rick: When a technology lands on the cover of Time Magazine, as Twitter did last week, you know it has officially “arrived.” It took a couple years, but Twitter has definitely entered the mainstream consciousness. And herein lies an awesome opportunity for savvy business users. You can go ahead and call Twitter a “pointless waste of time,” but remember: That’s what people said in the early days of blogs and social networks, too.

Dave: It’s interesting that you are using Time, poster child of the Old Media, as some sort of yardstick for measuring tech relevance. The fact that Time is only covering it now, a year after Twitter “went mainstream,” is ample evidence that the magazine is an out-of-touch dinosaur. This much is true: I’ll never accuse your thought processes of having dangerous levels of clarity. Where was I? Oh, right: Twitter is a pointless waste of time.

Rick: That’s what people said in the early days of blogs and social networks, too. (Must I constantly repeat myself with you?) And just as savvy business users turned those technologies into fantastic marketing tools, so have they begun to leverage Twitter. Consider the Realtor who tweets about new properties or price reductions. Or the local pizza joint that tweets a buy-one-get-one-free coupon. Or the CEO who makes himself seem more accessible, more personable, by tweeting about company happenings. If you’re smart, the possibilities are endless. And let’s not forget: Using Twitter costs a business nothing (or next to it). So what exactly is your problem with it?

Dave: I believe I summarized my problem with Twitter about 726 characters ago (need I point out that even that wouldn’t fit in a Twitter post?)… Twitter is a pointless waste of time. Apparently, even the people that use Twitter agree with me. According to a recent study, 80 percent of Twitter accounts have fewer than 10 followers and 30 percent have no followers at all. 40 percent of all Twitter accounts have never sent a single tweet! Only 20 percent of Twitter users have sent more than 10 tweets. The service is a ghost town, but thanks to Ashton Kutcher, most people haven’t noticed. How can a business get value of a service that has so little interest even from the people that took the trouble to set up an account?

Rick: Dave, Dave, Dave. Don’t you know that 78 percent of all statistics are wrong? You’re like Spock: You think that everything in life can be boiled down to numbers. Listen to your half-human side for a change. I guarantee you the reason people sign up for Twitter and then stop using it is they don’t understand what they’re supposed to do with it. (See “Twitter Quitters Don’t Get It.”) And I can see why: It’s a seriously confusing and often annoying service. But you know what? So is Facebook. And several kajillion users decided to muddle through because they liked what they could get from it. The same will happen with Twitter: As businesses come up with smart ways to leverage the service (try actually reading my examples this time instead of just spouting statistics), users will join or rejoin in order to reap the benefits.

Dave: Rick, Rick, Rick. Thanks for the validation; in the article you mention, the author goes to great lengths to point out how most people don’t “get” Twitter, but he doesn’t really help us “get” it at all. Don’t self-promote, he tells us. Great — but that’s the whole extent of his epiphany? Give me a break. How should you use Twitter? I suppose that’s a secret reserved for the Special Few. Here’s my main problem with Twitter, Rick: With so few people able to crack the Twitter code, what’s the point of promoting your business for the 10 people, worldwide, that are Twitter-savvy Twitter disciples? If the local pizza place Twitters 2-for-1 coupons, how is anyone expected to know about it? Am I, as a normal guy, expected to go hunting Twitter for all my local businesses and start following them preemptively in case they do something cool? Or is the pizza place now catering to the 5 dudes in town that understand the nuances of taking advantage of Twitter? ‘Cause my dad, and, I might add, I, would certainly never know about that coupon.

Rick: Wow. Not only have you missed the point (again), you can’t even see the point. You need to turn the car around, drive five miles the other way, then get out your binoculars just to catch a glimpse of the point. Let me dumb this down to third-grade Economics, otherwise known as Dave’s Level. Twitter: A free way for businesses to communicate with a potentially endless number of customers (both current and potential). Offer customers the right incentives to “follow” you, and presto: marketing success that doesn’t come any cheaper. Look at ExecTweets, the cool app/service that tweets you the thoughts, ideas, and recommended links of nearly 100 top executives. It’s brilliant, because it aggregates information that’s potentially valuable to other businesspeople. Is any of this starting to sink in?

Dave: As usual, you are deliberately ignoring my objections (because you don’t have any answers) and trying to make it sound like I’m the one who’s missing the point. Again: How can businesses communicate with customers when (1) data shows that Twitter is a ghost town and (2) businesses have no practical way to connect with large numbers of their customers through the service? Your examples about local businesses are ludicrous because no no one who isn’t some sort of hacker living in his parents’ basement can reasonably be expected to ever find these tweets. And when your back is up against the wall, the best you can do is show me ExecTweets, which has nothing to do with your point. ExecTweet is a B2B site where business execs can wallow in each other’s profundity. It doesn’t do anything to serve customers or advance the bottom line. Is it brilliant? Doubtful. Does it serve executive egos? Absolutely.

Rick: Well, you ignored me first, so there. Nyah-nyah. You big baby. (1) Twitter is a ghost town? As usual, you’re making wild assumptions based on presumptive math. It doesn’t matter how many followers a user has or how many tweets he/she has sent. The fact is, Twitter has millions of active users, and businesses have an opportunity to tap those users while attracting new ones. You seem to think that because something hasn’t happened, it won’t happen. I’m talking opportunity, here. (2) Business can’t connect with customers through Twitter? That’s so ludicrous it barely merits a response. Ever seen a “follow me on Twitter” icon? All a company has to do is paste one on their site and presto: followers. Finally, given that you clearly don’t “get” ExecTweets (it’s not B2B, it’s B2C), it’s obvious you don’t get Twitter, either. I look forward to the day when the light bulb finally goes on over your head, so we can laugh about yet another argument you lost.  

Dave: The fact remains that unless your business happens to cater specifically to a clientele of 14-year-old narcissistic anime fans, Twitter will simply never be a significant consideration in your marketing plan. Your time is better spent (because Twitter might be free, but it still takes time, which is quite valuable) on almost anything except Twitter, in fact. Why? Twitter is just too much work for the average consumer to tap into, and the potential payoff is just too slim. But you’ll never admit that, since you apparently don’t even know what B2C stands for. I have a tweet for you: @justrick: ewe looooz.

Okay, who won the debate? Hit the comments to declare a winner and share your thoughts on the issue. When that’s done, check out the previous Guy Vs. Guy entries, which are just as entertaining and enlightening.

 
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  •  
    1

    PlasticMoonRain

    06/18/09 | Report as spam

    Drew Kerr

    The anecdotal and empirical evidence about Twitter's shortcomings is snowballing as fast as the microblogging's growth is slowing. The media hype turning point may be just upon us.

    You may want to check out my blog post about this because as Dave infers, it's much ado about not much. Every day something new comes out about how useless Twitter is turning about to be as a traffic and search tool.

    http://tinyurl.com/lgte9h

  •  
    2

    Romano4444

    06/18/09 | Report as spam

    RE: Guy Vs. Guy: Twitter: Killer Marketing Tool or Pointless Waste of Time?

    I have a bloguette in Twitter (tweeter.com/PauloRomano) and nobody visited it, no problem. I typed for BBCNews and I seen lots of intruders. Well, it is a pandemonium this Tweeter.

  •  
    3

    rictownsend

    06/18/09 | Report as spam

    RE: Guy Vs. Guy: Twitter: Killer Marketing Tool or Pointless Waste of Time?

    I have a small website that over the years has built to about 6000 hits a month. As it was primarily (in the beginning) a free reference site for my management students and not much more than my online resume it remained fairly static with just a few article updates each year. One page in particular however has proven to be a draw card so I decided to monetize the site.

    Finally the need to update the articles more often led to an independent weekly blog and then most recently self hosted WordPress blog. The blog went 'on-site' as I read that the (what had become daily) updates and the resultant page growth helps the site ranking with search engines. If you have a site (or blog) you certainly hope you have readers. In most cases for small bloggers (or sites) of course you don't, well not in significant numbers anyway.

    So then along comes twitter. During my 'twitterless' existence I might get a blog comment every couple of months, now because I use twitter to announce topics posted my readership has grown dramatically and I get instant feedback on my stuff e.g. good articles will get a re-tweet or five. Twitter is now my sites third highest direct referrer and about number eight overall.

    For me twitter is the modern equivalent of the town-crier and my town has become much much bigger.

    Ric http://orglearn.org/career_success_blog/

  •  
    4

    jad67

    06/19/09 | Report as spam

    RE: Guy Vs. Guy: Twitter: Killer Marketing Tool or Pointless Waste of Time?

    Marketing? Twitter B2C Good, Twitter B2B Bad

  •  
    5

    leebeck33

    06/19/09 | Report as spam

    RE: Guy Vs. Guy: Twitter: Killer Marketing Tool or Pointless Waste of Time?

    The platform doesn't matter. What matters is that I can instantly run a Twitter search - or a Google search for that matter ? and find negative feedback on a product, service or company. The negative feedback usually originates from poor product or service performance, ill-trained salespeople or substandard post-sale customer service. Marketers need to clean up their internal house, produce satisfied customers, and let the consumer launch a positive social media campaign for the company. They're already launching the negative campaigns. For more info, download the Conversations v Communications white paper off my LinkedIn profile

    http://www.linkedin.com/pub/lee-beck/8/b60/594

  •  
    6

    K2Colo

    06/19/09 | Report as spam

    RE: Guy Vs. Guy: Twitter: Killer Marketing Tool or Pointless Waste of Time?

    The latest fad, it will still be around in a year, but will be just a niche site with much less interest.

  •  
    7

    swanwick

    06/19/09 | Report as spam

    re: Twitter is a ghost town

    When I post a link, I usually get about 2% of my followers
    clicking through to that link within the first few minutes
    (measured by bit.ly). Others click through over time so that
    after a few days I have about 5% click-throughs.

    We don't need millions of people on Twitter to create value.
    We just need some people who are willing to self-select that
    they want to hear what we have to say.

    http://twitter.com/spkrinteractive

  •  
    8

    rleuallen1

    06/19/09 | Report as spam

    RE: Guy Vs. Guy: Twitter: Killer Marketing Tool or Pointless Waste of Time?

    Twitter is part of the bigger picture of "in-bound marketing" (see Hubspot folks) that will work for some, be a waste of time for others. The trick will be figuring out if it will work for your business, and when will it burn out and be replaced with something new? My understanding is they still haven't figured out how to monetize Twitter, so how long can it survive on VC$? Ah, the fun of following the evolution of the Internet.

  •  
    9

    AKooluris

    06/22/09 | Report as spam

    RE: Guy Vs. Guy: Twitter: Killer Marketing Tool or Pointless Waste of Time?

    Twitter like facebook status updates is nothing more than a "conversation" - the challenge is not how business utilizes this channel tactic...rather how do they join the conversation in a relevant way that consumers will care about and engage with. More often than not, stuff like this is hyped up because the channel seems exciting and new....but people fail to ask the question "why would anyone want to have a conversation with you?".

    Brand managers are making statements like "I want to tweet with my audience", but they miss the main reason why social networking sites exsist. They are built to connect people who relevant interests (mainly friends who know each other) - in order for brands to play in this space, they have to show they are relevant to consumers. This has always been a challenge for most brands, regardless of the channel. If anything, this channel will be especially difficult to break into with relevance as most audiences will take offense to brands interupting the conversation.

    I keep envisioning this nightmare scenario...where someone is posting to a friend that they hope their father's heart exam goes well...and the next day Lipitor sends them a friend request.

  •  
    10

    JBDSEOExperts

    06/22/09 | Report as spam

    RE: Guy Vs. Guy: Twitter: Killer Marketing Tool or Pointless Waste of Time?

    Very interesting post. I've been arguing the same points with a few friends about Twitter's impact. Some very good tip & tricks @ http://bit.ly/3c1ukl

  •  
    11

    mannonj@...

    06/22/09 | Report as spam

    RE: Guy Vs. Guy: Twitter: Killer Marketing Tool or Pointless Waste of Time?

    145 characters = quick reads. I love those tweets.

  •  
    12

    BizDharma.com

    06/23/09 | Report as spam

    Whats killing Twitter

    I believe taking Twitter as a Killer marketing tool is what kills twitter. People just are on Twitter for the sake of marketing and that what hurts others who want to unleash its power as a social network. And as far as TIME goes, I think its highly exaggerating things. http://bit.ly/14fEIg

  •  
    13

    scamo

    06/24/09 | Report as spam

    RE: Guy Vs. Guy: Twitter: Killer Marketing Tool or Pointless Waste of Time?

    If businesses use twitter to their advantage, then all it would be in my opinion is an equivalent to an opt-in email newsletter boiled down to less information sent more often.

    scamo

  •  
    14

    BizHacksRick

    06/24/09 | Report as spam

    RE: Guy Vs. Guy: Twitter: Killer Marketing Tool or Pointless Waste of Time?

    @scamo: You hit the nail on the head. It's exactly like an opt-in newsletter, but one that can be used for quick hit-and-run promotions or the like.

  •  
    15

    scamo

    06/25/09 | Report as spam

    RE: Guy Vs. Guy: Twitter: Killer Marketing Tool or Pointless Waste of Time?

    I'd just like to see a company twitter page with thousands of followers. How do they get all the avatars on the right hand side????:-p

    @BizHacksRick - How would a hit-and-run promotion work in twitter? Please do explain.:-) BTW, I am actually on Dave's side. I think twitter is just a fad. Or does everyone seriously want to continue finding about other people's (or companies') "doings" in bite size chunks? Are we getting too lazy to write or read blogs now? Or are we that short on time?

    scamo

  •  
    16

    enugroho

    06/25/09 | Report as spam

    RE: Guy Vs. Guy: Twitter: Killer Marketing Tool or Pointless Waste of Time?

    I just start a family business (http://kummara.com) and I make use all available social network (including twitter) and I should say that it's an effective and cheap marketing tools.

    I don't see the point why twittering is wasting time, because nevertheless you should spend some time for your marketing campaign anyway and twitter (like any other social networks) just one way to deliver the information. For the argument that twitter is a ghost town, it's really doesn't matter, because I don't spend any extra cost to deliver my information there - so why should I care? I just make my bet and who knows that I am lucky.

    Note that with all the technology we have today, we can update the information in all our social networks from one place (I use ping.fm), so I really don't see the point why we shouldn't use twitter as one of our marketing tools.

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