Twitter had a meeting yesterday to talk about how big it was. But what really came across was that while Facebook and Google+ value your identity, Twitter doesn't care who you are, as long as you've got something to say.
Google Facebook and Twitter now all have similar products. But Twitter CEO Dick Costello (somewhat inadvertently) made it clear yesterday that while all three have social networking features and make money from ads, they are in fundamentally different businesses.
At a very basic level, Google+ and Facebook are in the identity delivery business, and Twitter is in the information delivery business. That's a powerful distinction. It reflects a fundamentally different conception of what's more valuable: information or identity. It also gets at who is more valuable, advertisers or users.
Google and Facebook's social products are committed to a real names policy. Both can serve someone up to a network of peers or advertisers with some degree of certainty about identity.
Twitter takes exactly the opposite route towards building a network. You can be anonymous, or use a pseudonym, or even impersonate someone else as long (as you indicate that it's a parody). It will still connect you to others on its network, and allow you to both serve and receive data. And that's working well, for everybody.
Twitter has more than 100 million active users—that is a user who logs on more than once a month—and more than 50 million who log in daily. 40 percent of its active users don't tweet at all. They just log in to read. (In common parlance, they're lurking.) The ones who do tweet are sending more than 230 million tweets per day. It's big now. Very big!
In short, Twitter doesn't care who you are, it's still going to serve you an ad. And oddly, that may be the most effective tactic of all.
5 comments:
Interesting post. This is the way it should be to be honest. Numbers are the most important for a business at the end of the day, you know?
That's the truth, just look at all the fake celeb twitter feeds, like the Mos Def one... twitter just doesn't care.
I still don't have a twitter, but respect that they don't give two shits about me. ha. Infact this kind of makes me want to get one now...
Twitter is boring lol.
Neither do i. And everyone's cool with it.
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