Thursday, April 17, 2014

Twitter goes after a Facebook cash cow: Ads pushing mobile app installs

Twitter goes after a Facebook cash cow: Ads pushing mobile app installs

Soon you’ll be one tap away from downloading an app on Twitter.


The company today announced a new mobile promotion suite for apps, which seems very similar to Facebook’s own app promotion offering. The new suite will allow advertisers to promote their apps directly on Twitter users’ streams, as well as reach consumers outside of Twitter via MoPub’s mobile ad exchange.


Today’s news makes it clear why Twitter shelled out $350 million in stock for MoPub last year. It now has an ad reach that spans the 241 million active users on Twitter, as well as the more than 1 billion unique devices in MoPub’s network. Advertisers will be able to manage their campaigns entirely from Twitter’s ad dashboard.


Facebook launched its mobile app ad product in late 2012, so Twitter is coming at this a bit late. It makes sense for both companies to focus directly on promoting app installs — it’s far more useful than promoting a link that leads to an app store, potentially losing a potential consumer in the process. Marketers will pay dearly to remove the friction of app installs.


Twitter product manager Kelton Lynn describes the new app promotion suite as an ad unit that combines the best of Twitter’s Cards (which bring in multimedia content into the Twitter stream) and its Promoted Tweets ad units. The new suite is currently available to U.S. advertisers in private beta.



Research note: VentureBeat has studied the most effective monetization strategies for game developers. The results may surprise you! Check out our exclusive 47-page report.



Early beta partners in the promoted app program include Seatgeek, GREE, and GetTaxi.


“This is the first of many opportunities to join Twitter and MoPub to create a large-scale, rich and well-targeted advertising platform — one that provides high ROI for marketers, and a great experience for users,” Lynn wrote.




VB's working with marketing expert Scott Brinker to understand the new digital marketing organization. Help us out by answering a few questions, and we'll help you out with the data.

Twitter goes after a Facebook cash cow: Ads pushing mobile app installs

No comments: