Twitter’s ReTweet Beta: An Attack on 3rd Party Tools?

RetweetBeta

What Happened?

Today I was invited to join the Twitter Retweet Beta Group. Twitter just told me that I’d be “part of a beta group receiving this feature, which means [I] may start seeing retweets in a new way. People who don’t ave this yet will see your retweets prefaced by “RT”.” Naturally, I feel special, but is it really worth all the hype?

Is Twitter Trying to Kill Off 3rd Party Tools?

Twitter can’t seem to keep up, technologically, with the 3rd party tools (TweetDeck, Seesmic, UberTwitter, etc) that support it. Like the suckerfish Remora (what, you don’t watch discovery channel?), these 3rd party apps depend on Twitter, but it looks like Twitter is making attempts to break away.

This little Twitter.com feature places the ability to retweet (essentially, repost) any tweet right inside Twitter’s Web-based interface. Up until now, you had to use a third-party tool, such as TweetDeck, for one-click retweets. This is an obvious attempt to drive away the need for 3rd party tools. “Twitter’s execs are obviously working to get people out of these third-party tools and back onto the parent site by providing many of the features once only found elsewhere.” (PCMag)

Twitter also has another “method” of taking down the suckerfish (aka: 3rd party apps). “Currently, retweets that are executed via the Twitter web “retweet link” are visible to your followers who are using the web interface to read your tweets but are not visible to popular third party clients. […] In other words, third party applications may not have had a chance to integrate the new API. […] If most of your followers read your tweets using third party desktop clients, this “bug” could have a serious impact on your personal retweet rate in the short-term.” (Flip The Media)

Pro’s vs Con’s?

PRO: It’s good to see Twitter making attempts at improving it’s technology. Always a good sign for a company that see’s well over 20MM+ unique visits a month (compete.com).

CON: The downside for this new tool? You can’t edit the ReTweet. This leaves room for authenticity, but lacks the creativity your follows may crave.

In Conclusion…

Yea, it’s a stretch to make such claims, but it’s working…for now.  It seems everybody has their own opinion about this new feature, but at the end of the day, I find it foolish that everyone is ripping Twitter about this. It’s a game of survival…Twitter has easily one the battle of “popular social networks”. What we don’t know is who will survive the war and be around in 10 years to talk about it.

Posted under Online Marketing, Social Networks, Tech2.0

This post was written by Joshua Russak on November 16, 2009

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Recession Kills Brand Loyalty – Retailers Turn To Social Media!

Generic vs. Brand

"Generic" vs. "Brand"

For many individuals, money is tight these days and as the economy keeps slipping, so will brand name loyalty.

Following up on the recent topic of “Brand” vs. “Generic” during an economic downturn (Article: Financial Bailout leaves Tech & Media Behind…), I felt compelled to continue covering this direction after reading a very compelling report by eMarketer.com. In their article, Social Media and Shopping Behavior , they touch on the topic of consumers using social-media as a source for making product purchasing decisions. Quoting eMarketer, “To stay relevant, retailers must determine how to incorporate social media, such as social networks and blogs, into their marketing strategies.” Considering the cost-effectiveness of social media marketing, smaller and more generic brands have the chance to swoop in and compete with the “Big Brands” in targeting the consumers.

There are a lot of free marketing technology options for retailers, and in the online space, their target audience is continuously growing. “Generation Y (those born after 1979) online buyers are more immersed in online and mobile activities than any other generation, according to 2008 research from shopping comparison site PriceGrabber. Some 85% of Gen Y respondents said they participated in social networking, and 57% reported involvement with blogs.” (eMarketer) And Generation Y also represents the consumers with constantly updated retailer and product ratings.

A 2008 study conducted by the Society for New Communications Research found “nearly three-quarters of respondents choose retailers and products based on others’ customer care experiences shared online.” (eMarketer)

Search engines like twing.com, are going to make a profit off during this “economic downturn” as well. They developed a custom search engine dedicated to forums and online communities. Powered by their proprietary technology, Buzz Graph, they help brand managers gain insight into product and company discussions helping improve both targeting and product quality. Their sight was doing well back in July and I’m predicting they will see a boost in the near-future as Brand Advertisers start pumping more dollars into targeting their customers. Also, PriceGrabber will see more business as consumers will consult customer reviews to help in their decision buying process.

keep a close eye on how much Retailers are going to spend on “Brand Loyalty” this quarter, and how much of that is online!

Posted under Online Marketing

This post was written by Joshua Russak on October 2, 2008

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