What Happened to Threads?

What Happened to Threads?

Threads

A month ago, Threads was the internet’s shiny new object. Now Meta’s social sharing app is an endangered species.

According to the market intelligence company Sensor Tower, Meta’s clone of Twitter (now known as X) concluded July with 8 million daily active users. This represents a significant decline of approximately 82 percent from its zenith of 44 million daily active users, which occurred just days after Threads was launched, as reported by Sensor Tower. And recently Meta CEO Mark Zuckerberg talked with Meta employees about Threads’ sagging user engagement. Reportedly, he admitted the app lost over half its users since its launch.

This is quite a dramatic turnaround for an app that became the fastest growing app in history after being launched in early July.

So, why are people not using Threads? Reasons include:

  • The app still lacks features that users expect on similar apps such as X. Recently Instagram CEO Adam Mosseri said that his team would add what he called “obvious missing features” to the app, such as tools to edit posts and a feed that allows users to see content just from accounts they follow. (Threads is an extension of a user’s Instagram accounts.) Since then, Threads has added a following tab on its feed and other features, Threads programmer Cameron Roth wrote in a Threads post. And reportedly more features are on the way.
  • Social app saturation has taken hold. Threads is one more app that brands and people need to manage on top of X, TikTok, Facebook, LinkedIn, Instagram, Snapchat, and more. Joining the app is easy through your Instagram account. But actually taking time to post content is a laborious process without easy desktop functionality and integration with social platforms. On top of that, Threads really does not stand apart as having a distinct experience. If an X user has accumulated a large following there, they have little motivation to post on to Threads the same content they published on X already.

That said, Threads is far from dead. Mark Zuckerberg recently said that Threads will continue to add features that Threads badly needs. For instance, Meta CEO search and web features will be “coming in the next few weeks.” This is crucial. According to what advertisers and creators communicated to CNBC, for Threads to evolve into a vital service, it must include functionalities that simplify the searching process for trending subjects and the retrieval of past posts. The ability to access Threads via the web is especially crucial if Meta intends to genuinely rival X, a platform that has enjoyed longstanding popularity among desktop users, particularly in the workplace.

It’s also only a matter of time before Meta introduces advertising features to Threads. But first, Threads needs to demonstrate that it can build off its initial success by keeping users engaged. For now, we suggest that brands keep an eye out for features that will make Threads easier to use. If you have the bandwidth on your social media team, experiment with Threads once it becomes easier to use. We are still a long way from taking Threads seriously as an advertising platform.

Meanwhile, True Interactive can help you with all your social advertising needs. Contact us to learn more about our social media advertising experience.

Photo by BoliviaInteligente on Unsplash

Meta Launches Threads: Advertiser Q&A

Meta Launches Threads: Advertiser Q&A

Instagram Meta Threads Twitter

In just five days, Meta’s Threads app has become the fastest-growing app in history, with 100 million users, and counting. Threads is basically a Twitter clone, and because it’s connected to a user’s Instagram account, so far both brands and people alike have been posting content that pretty much resembles what they’d post on Twitter and Insta. Let’s take a closer look at Threads by answering some commonly asked questions brands might have about it.

What exactly is Threads, and why does it exist?

As noted, Threads gives its user base a place to post the same kind of rapid-fire posts that they share on Twitter and Instagram. There is a 500-character limit for posting. Users can respond to each other’s posts, and they can link to photos, video, and external URLs as with Twitter. It’s one of a handful of Twitter rivals, including Bluesky and Mastadon, that have emerged to challenge Twitter’s long-established lead as a micro-blogging platform.

Interest in Threads has intensified in light of Twitter’s ongoing service problems and a reported rise in hate speech on Twitter, which has made the app less appealing for both brands and everyday users. Twitter has 354 million users – which is a sizable audience, making it tempting for a rival to create its own similar platform. But Twitter is a firmly ensconced platform. It would take someone with a lot of clout to rival the company. Meta has that kind of clout.

How do you sign up for Threads?

You need to have an Instagram account to sign up. From there, you download the app from your iOS or Android device.

Wait – I have to have an Instgram account to sign up for Threads? What are the implications of Threads being connected to Instagram?

Yes, you need to be on Instagram to be on Threads. Technically, Threads is in fact a stand-alone social network with its own app, but you need Instagram to sign up for it.

When you sign up for Threads, you can choose to auto-follow all of the accounts you follow on Instagram. This means that if your Instagram followers also sign up for Threads, they will automatically start following you back.

This is a great way to grow your Threads following quickly. However, it’s important to note that not everyone who auto-follows you will be interested in your content. So, it’s still important to post high-quality content and engage with your followers.

But what if you don’t want to be on Threads anymore? Well, if you decide you don’t like Threads, you cannot delete your Threads account unless you also delete your Instagram account.

If you violate Threads’s community guidelines and get your Threads account banned, your Instagram account will also be banned. To change your Threads username, you must also change your Instagram username.

How did Threads get so big so fast?

It’s all about the Instagram integration. Threads has instant access to Instagram’s 2.35 billion monthly active users. Meta made it easy for anyone to sign up through Instagram – and that’s not all. Meta also made it easy to import your Instagram profile. The auto-follow button, which allows your new Threads account to follow every account you follow on Instagram, created an instant Threads following for anyone on Instagram.

What kind of content should I post on Threads?

For now, businesses and people are posting the same kind of content that they post on Twitter and Instagram. So, what’s good for those platforms will be just right for Threads. Remember, your initial following comes from your Instagram audience – so it makes sense to be as visual as you can.

Social Media Manager Bri Reynolds suggests that you go grab your top-performing evergreen tweets, post one or a few as your initial Thread content. You’ve already proven they’re successful elsewhere.

Down the road, as Threads evolves, brands might develop a separate content strategy for Threads. But for now, Threads has quickly become a platform for cross-posting.

What caveats should I be aware of?

As noted above, if you want to delete your Threads, you need to delete your Insta.

Threads lacks a lot of functionality that users have become accustomed to on other platforms, including a lack of hash tagging and direct messaging capacity. There is no desktop version, and there is no chronological feed (although Instagram says a chronological feed will be coming soon).

Threads collects the same data as its parent company. This includes users’ physical addresses, health and fitness data, and sensitive information such as biometric and ethnic data. Twitter, on the other hand, does not collect these types of data.

Being present on Threads could become burdensome to your social media team. There is a tremendous amount of pressure for brands to experiment there. Make sure you have the bandwidth.

Is advertising coming to Threads?

Not yet. But as reported in Advertising Age, Meta is talking with ad agencies and brands about how the platform will work and has shared a presentation with several agencies outlining how Threads could potentially become the new Twitter. Meta has told advertisers that it will ensure brand safety by applying Instagram’s own community guidelines. If you want to get an early take on how Threads advertising will work, Instagram’s own ad units are a good place to start given the integration of the two apps.

Here are some specific examples of how Threads advertising may work (based on the Instagram experience):

  • Advertisers may be able to target their ads to users based on their interests, location, or demographics.
  • Ads may be displayed in the form of sponsored posts, promoted stories, or promoted video.
  • Ads may be placed alongside organic content in the Threads feed.

It is still too early to say exactly how Threads advertising will work, but one thing is certain: ads will come to Threads.

Contact True Interactive

At True Interactive, we’re following the rise of Threads closely. To succeed in the ever-changing world of online advertising, contact True Interactive. Read about some of our client work here, and learn about our social media services here.

Photo credit: https://unsplash.com/photos/a-close-up-of-a-cell-phone-with-a-keyboard-in-the-background-vk8iRvRjoAg

2023 Advertising and Marketing Predictions

2023 Advertising and Marketing Predictions

Advertising

Gather around advertisers, pull up a comfortable chair, and take a look at our advertising and marketing predictions for 2023! We take on some big topics, ranging from the rise of AI to the impact of the economic downturn. Oh, and TikTok and Twitter, too. Check out our predictions, and let us know yours!

The Economic Downturn Will Present an Opportunity

— Kurt Anagnostopoulos, co-founder

This is a time for companies to make smart decisions about their marketing spend. We’re clearly in an economic downturn. Over the next six months, the downturn will intensify although not to the extent of the Great Recession of 2008. When downturns occur and uncertainty happens, inevitably some businesses scale back on their marketing spend. History has demonstrated time and again that during lean times, the cost cutters lose out to the businesses that continue to invest in their brands. Companies that stay the course will come out the other side of the recession ahead. If you are smart about how you market and price yourself, you can leave your competitors behind when times are tough. It’s not necessarily about doubling down on marketing, and it’s not about cutting at the other end of the extreme. It’s about spending wisely.

A mentality of spending wisely could hurt the major ad platforms such as Google and Meta. They’ve become more expensive. With advertisers seeking to spend more wisely in 2023, Google and Meta might price themselves out of the running in favor of platforms that deliver better CPCs and performance for the money. An agency such as True Interactive can help businesses navigate the landscape by leveraging platforms in a more cost-effective manner.

The water is too murky to see too far out beyond the next six months. We need to see how things are going to play out for the second half.

Artificial Intelligence Will Need People More Than Ever

— Mark Smith, co-founder

You cannot spend a minute on LinkedIn these days without seeing someone talking about ChatGPT, the generative AI tool that makes it easy to do everything from write content to code. It’s understandable that ChatGPT has gained so much attention. OpenAI released the tool publicly in November 2022 and made it easy for anyone to use it. The public responded. But ChatGPT is just one in a growing number of AI tools being used to do everything from manage customer queries to create royalty-free music. Right now, a number of executives are experimenting with these tools to do the heavy lifting for them – the writing, image generation, and so on. But soon, the novelty will wear off. And everyone will realize what we know already: AI cannot do your work for you. People need to be involved managing AI like any other technology. If you use Google’s myriad advertising tools as we do, you likely understand. Our experience has consistently shown that automated ads powered by AI underperform without people involved to monitor and modulate them when necessary. The same is true of generative AI. These tools are slick, but they make mistakes, and they are notoriously biased. They are nowhere near the point of being self-sufficient. In 2023, some businesses will learn the hard way that AI alone is not the answer to making smart investments in digital marketing. They’ll realize that people matter more than ever.

Google Ads Will Get Costlier

— Beth Bauch, director

2023 could prove to be challenging for businesses highly invested in Google Ads. I anticipate more automation by Google, resulting in less control for marketers.

One of the most common suggestions in the “Recommendations” tab in the Google Ads platform is to convert keywords to “broad match,” away from the more traditional “exact and phrase match.” Exact and phrase match keywords are meant to only match to searches that contain your keyword, making search queries highly relevant. Broad match keywords allow your ad to show on searches that are related to the meaning of your keyword and can include searches that do not contain the keyword terms.

While we have seen some success when testing broad match keywords with Googles automated bidding strategies, we have also seen some significant failures resulting in high spend and poor conversion rates. So, you need to proceed with caution when using broad match. One of the ways we improve the quality of search queries is by adding negative keywords to prevent our ads from showing on searches that are irrelevant.

However, whereas in the past we had access to view all search queries matching our keywords, Google now limits that visibility, only showing the top search matches. This makes it more difficult to block irrelevant traffic resulting in more spend on searches with low conversion rates.

And poor-quality traffic is very costly, especially as we have seen significant increases in the cost-per-click (CPC) of both brand and non-brand keywords in 2022 – as high as 50 percent increases for brand terms alone year over year. For some clients, we saw rising CPCs even though we were not seeing an increase in competition on brand keyword bidding when reviewing the Google Auction Insights report. This is an indication that Google has raised the base price for participating in a specific auction, regardless of competition.

As Google looks to rebound and increase its profits, I expect to see even higher advertising costs for Google Ads in 2023.

TikTok Will Extend Its Influence

— Bella Schneider, senior digital marketing manager

With the increasing popularity of TikTok, I predict that the brand will expand and improve its ads manager to be more comparable to Facebook Business Manager. Currently the platform is lacking in a few areas, and if TikTok is to compete with some of the larger social channels, then it will need to make adjustments to allow for easier advertising on the platform.

Meanwhile, thanks to TikTok, I predict the world of video will dominate the advertising space. More and more video content is starting to look and feel similar to the videos displayed on the TikTok native platform. Whether it’s dances, trends, or challenges, I predict that advertising will shift towards this style of video content.

Does Twitter Have a Future?

— Max Petrungaro, account manager

I have a difficult time seeing advertisers return to Twitter as long as Elon Musk is at the helm. When Musk bought the company, things immediately started poorly with most of Twitter’s top advertisers putting their ads on pause or stopping outright. In December 2022, the situation for Twitter deteriorated, with advertising spend being slashed by more than 70 percent. Twitter tried to combat this by offering incentives to the companies that would keep advertising, but I do not believe that this will be enough to overcome the polarization that Elon brings to the table.

With most of its revenue coming from advertising, and top spending advertisers not showing ads and/or slashing budgets, there may not be a Twitter by the time 2023 is over. As long as Elon is associated with Twitter, I believe that more advertisers will start to focus their advertisements on other popular platforms, like TikTok.

Customer Data Platforms Will Have a Big Year

— Héctor Ariza, senior manager

As the push for tighter data privacy in the digital world gains momentum, I expect 2023 to be a big year for customer data platforms (CDPs). With stricter data privacy regulations being imposed by governments around the world, and the imminent cookie-less era looming, companies and advertisers are already exploring privacy-enhancing technologies in their search of a more secure, yet accurate way of tracking user activity online.

Still, whatever the alternative to cookies and existing tracking methods may be, it will likely rely heavily on data aggregation/modeling. Thus, first-party data will become ever so more important in the digital advertising world. CDPs allow companies to manage what data is used, where it is used and how it is used more easily. These systems also help with data consistency across marketing/advertising platforms and reduce the risk of mishandling customer data.

Retail Ad Networks Will Lean into Mobile Even More

— Tim Colucci, vice president

One of the biggest stories in advertising in recent years is the rise of advertising networks managed by retailers ranging from Amazon to Macy’s to Walmart. Amazon’s own ad business has become so big that it is challenging the Google/Meta duopoly. These networks have succeeded because they tap into first-party data shared by people searching and shopping on their sites. The next phase of growth will happen when they more effectively integrate consumer shopping data from physical stores into the first-party data they use to sell targeted ads. This is why retailers that operate physical stores and ad networks will invest more into their mobile apps. With self-service mobile apps, in-store shoppers give retailers data about their interests in real time in a faster and more efficient way than they do by having their purchases shared via point-of-sale technology. Look for retailers to make it easier for consumers to search and purchase on their apps – and for advertisers to run ads via self-service such as sponsored listings. Walmart has an edge on most retailers in that regard. Given Walmart’s influence and resources, I expect the company will lean into its competitive advantage while Target tries to play catch-up.

Contact True Interactive

To succeed in the ever-changing world of online advertising, contact True Interactive. Read about some of our client work here.

An Explanation of the 30 Percent Apple/Google Tax

An Explanation of the 30 Percent Apple/Google Tax

Apple Google

Twitter’s well publicized spat with Apple has highlighted an unpleasant reality for any business that operates an app: Apple and Google both enjoy a costly app duopoly.

The 30 Percent Tax

Twitter owner Elon Musk recently accused Apple of trying to destroy Twitter partly by putting Apple’s Twitter advertising on pause and partly by threatening to remove Twitter from the Apple app store.

Both parties apparently resolved their building tensions. Apple is advertising on Twitter, and Twitter remains on the App Store. Perhaps all is well between Apple and Twitter now. But not all is well for any organization, including Twitter, that needs the App Store to do business on Apple’s iOS operating system, which, of course, includes iPhone users.

The App Store provides access to more than 1.5 billion devices. It’s a top way for people to get the Twitter app and any app. What many journalists accurately reported in their coverage of the Twitter/Apple skirmish is that businesses on the App Store must pay Apple a 30 percent commission on all transactions processed via Apple, known as in-app purchases. As The New York Times noted,

Mr. Musk’s App Store allegation resurrects a potent charge against Apple: that it has used access to millions of iPhone and iPad devices as a cudgel to extract more money from app makers. A key part of Mr. Musk’s plans for Twitter is collecting more revenue from subscriptions — but under Apple’s policies, up to 30 percent of those sales from iPhone users would go to Apple itself.

The commission applies to all app developers who make more than $1 million through the ‌App Store‌ on an annual basis. For small developers who make less than the $1 million threshold, Apple has cut its fees to 15 percent through the Small Business Developer Program.

The commission also applies to “sales of ‘boosts’ for posts in a social media app,” meaning boosted content (i.e., posts that becomes amplified for a fee) on Facebook and Instagram.

Apple is not alone. Google also offers its own in-app billing system that charges a 30 percent commission or service fee for any payment made for an app or in-app payments or subscriptions. In 2021, Google began to enforce this requirement. After withering backlash, Google said it would cut the fee to 15 percent earned by a developer through their app on Play Store in a year and the 30 percent commission will apply for the revenue earned beyond $1 million.

Apple and Google effectively hold a duopoly. No business can bypass that duopoly; trying to process payments outside the App Store or Google Play would result in being kicked off both. (However, it should be noted that reportedly Elon Musk is figuring out how to design a closed payments system for Twitter.)

In the United Kingdom, the Competition and Markets Authority is launching an investigation that is taking aim at this duopoly. In the United States, reportedly the Justice Department is investigating Apple, and Epic Games has gone so far as to fight Apple legally.

But the wheels of justice may turn too slowly for the businesses that are operating under the thumb of Apple and Google. What steps can they take? Here are a few suggestions:

  • As with any tax, it’s important to budget accordingly. If you have not done so already, adjust you advertising and marketing plans to take into account the 30 percent commission. (We can help you with that.)
  • Boost your advertising and marketing to attract more sales. (We can help you with that, too.)
  • Make your voice known, as Twitter, Coinbase, and Spotify are doing. True, few businesses have the reach and visibility of those companies, but going on record leaves electronic breadcrumbs that increase the pressure on the duopoly, however slightly. Remember, backlash caused Google to back down on its fees as noted above.

Meanwhile, True Interactive continues to work with our clients to maximize the value of every dollar they spend via mobile advertising. Contact us to learn how we can help you.

Photo by Rami Al-zayat on Unsplash

Twitter Adds More Location-Based Marketing Features

Twitter Adds More Location-Based Marketing Features

Twitter

Twitter is making itself more appealing to businesses such as retailers and restaurants that operate physical locations. That’s because Twitter recently made it possible for businesses to update their profiles location, hours, and additional contact methods that make businesses more findable. This change may mean Twitter is trying to become a better destination for consumers looking for things to buy, whether they do so online or visit a physical location.

What Twitter Announced, and What Businesses Should Do

Twitter announced that professional accounts (which are designated for businesses, brands, creators, and publishers) may capitalize on a new Location Spotlight feature. Location Spotlight allows a professional account to display their location, hours of operation, and additional contact methods. Features of Location Spotlight include:

  • Business location: this is listed and shown on a small map in the profile spotlight. People can tap on the location map/listing to open Google Maps, or their default map app, for easier navigation to the business’s space.
  • Hours of operation: this field is optional but can be customized to showcase the days and times businesses want people to visit their location.
  • Methods of contact information: when the contact button in the spotlight is enabled, it can kick off one or more of the following directly to the business: phone call, text message, direct message, or email.

This news demonstrates Twitter’s intent to capitalize on the rise of location-based marketing which uses both paid and organic content to generate business at the local level. (This post and this post contain more detail defining the concept.)  Twitter’s ad products include geo-targeting by location, and the company has launched shopping options that make it easier for people to buy from businesses through Twitter, which is a boon especially for retailers (including those that operate local storefronts).

Twitter also offers to qualifying professional accounts a feature known as Shop Spotlight. This is a dedicated space to showcase products at the top of a Professional Account where businesses can showcase their products. When this spotlight is enabled, potential customers can scroll through the carousel of products and tap through on a single product to learn more and purchase – in an in-app browser, without having to leave Twitter.

The launch of new content features can mean that a platform is priming the pump for more advertising products, and this is probably the case with Twitter especially as Amazon Ads expands into local advertising. Online commerce is a trillion dollar industry, and digital platforms such as Twitter, Amazon, Google, Facebook, Instagram, and TikTok want to capture more revenue from this booming market. Location-based marketing is one way of doing so – while integrating with offline commerce, too.

We recommend businesses activate this feature if it applies to you. Twitter explains how to do so here. We also recommend that businesses with physical locations watch for an uptick in ad services from Twitter, as the company seeks to find more sources of ad revenue from businesses with multiple locations. We will do all the monitoring for our clients at True Interactive!

Contact True Interactive

To maximize the value of your social media advertising, contact True Interactive. Our expertise in this area delivers measurable value to our clients.

Lead image source: https://unsplash.com/@alexbemore

 

What’s Next for Advertisers on Twitter with Elon Musk as an Owner?

What’s Next for Advertisers on Twitter with Elon Musk as an Owner?

Twitter

Will advertisers leave Twitter under Elon Musk’s ownership? That question is getting bandied about a lot these days. That’s because of widespread speculation that Musk will relax Twitter’s content moderation policies. This, in turn, could conceivably create brand safety issues by making controversial content more prevalent on the app, which has nearly 400 million monthly active users. For example, Advertising Age reported that “Marketers are worried that Musk will reopen the floodgates on uncivil behavior on the platform.” Ad agencies consulted by Ad Age said that their clients are increasingly asking about the risks of staying on Twitter. Here’s what I think will happen:

  • Some advertisers will flee Twitter and never return.
  • Some advertisers will put Twitter advertising on pause but eventually return to Twitter.
  • Most advertisers will do nothing.

The fact of the matter is this: advertisers have shown by their actions that they have a higher tolerance for social media controversy than news media reports might have you believe. We have seen time and again controversies erupt on platforms such as Facebook, Instagram, Twitter, and YouTube. Most recently, Facebook became the target of widespread public scorn after whistle blower Frances Haugen, an ex-Facebook employee, shared internal documents that showed Facebook executives knowingly allowed its algorithm to publish harmful and divisive content on users’ news feeds.

The resulting expose, published in The Wall Street Journal, also sparked speculation that advertisers would leave Facebook. Some did. But most did not. Why? Because the fact that a publisher and aggregator of news content (which is what Facebook does) knowingly shares divisive information was not exactly shocking news to advertisers. Mainstream news media have been attracting audiences by publishing divisive content for decades, long before the internet existed. And they’re doing so today. As a result, advertisers have a higher tolerance for conflict than Facebook’s critics did.

What really hurt Facebook was Apple. Facebook’s parent, Meta, disclosed recently that the company would suffer a $10 billion revenue hit in 2022 because of the impact of Apple’s iPhone privacy controls launched in 2021. Meta’s stock tanked dramatically so as a result. Why? Because privacy controls would likely make ad targeting more difficult on Facebook. It was ad targeting, not a Wall Street Journal expose about the company’s culture, governance, and content policies, that hurt Facebook.

The real concern among advertisers is not whether controversial content will appear on Twitter. The fact is that controversial content already does appear on Twitter. Advertisers are more concerned that their ads could appear alongside controversial content. This is more of an issue with how an app manages its algorithm. YouTube, for instance, landed in hot water recently because advertisers’ content was appearing alongside hate speech, but most advertisers understood then (and understand now) that it’s impossible to stamp out hate speech completely. Many more also understand that controversial content is not necessarily hate speech. These realities are part of being a brand on social media – and they always have been.

Twitter has been down this road before, too, such as when a major hack involving a crypto currency scam embarrassed the platform and cast a spotlight on how easy it is for bad actors to exploit Twitter to commit crimes. Or when the proliferation of trolls and bots threatened Twitter’s reputation. Advertisers were concerned, to be sure, but for the most part they reacted by pressuring Twitter to improve its algorithm as opposed to demanding wide-scale changes in how Twitter operates fundamentally.

My advice to advertisers is:

  • Keep advertising on Twitter if you are satisfied with your results so far.
  • Monitor brand safety closely, but that’s true whether you are advertising on Twitter or any other social media app.
  • Watch where your audience goes. There is a very real possibility that ongoing controversy at Twitter could cause a drop in users. The question is whether your audience will leave Twitter. It’s a question. It’s not a certainty. Work with your agency partner to keep tabs on the situation, but don’t make assumptions based on news headlines.

True Interactive monitors developments on social media all the time as part of being a well-informed partner to our clients. Keep watching this blog for updates.

Contact True Interactive

To maximize the value of your social media advertising, contact True Interactive. Our expertise in this area delivers measurable value to our clients.

Twitter image by Alexander Shatov on Unsplash

Elon Musk image by https://pixabay.com/illustrations/elon-musk-space-elon-spacex-tesla-6222396/

 

Twitter Goes 3D with Advertising — Should You?

Twitter Goes 3D with Advertising — Should You?

Twitter

Three-dimensional advertising can create an immersive encounter for users, and Twitter clearly understands this: the social networking service recently announced the launch of a new advertising unit, Product Explorer Ads, which displays content in a 3D format. No, special glasses are not required to view these ads! Product Explorer Ads display merchandise through a 3D-like experience within a promoted tweet.

The What

This is the first time Twitter has facilitated a way for products to be shown off in 3D, and it’s turning out to be an interactive experience: users can swipe and rotate an advertised item in order to see it from different angles, and click a “Shop Now” button to make a purchase at the brand’s website. Advertisers are already spiking an interest: New Balance is among the brands currently testing Product Explorer Ads.

 

For Twitter, the new format constitutes one more way to support advertisers’ outreach to consumers. As reported in Social Media Today, Twitter is looking to “boost usage and revenue significantly over the next two years,” and seems to be hoping 3D will help do so. It’s also an interesting learning curve: “As we kick off early experiments, we’ll aim to understand how the new formats resonate with consumers and drive results for advertisers,” Twitter said on its business page. “We’ll test, learn, and iterate based on performance and customer feedback.”

In Good Company

Twitter isn’t the only platform diving into 3D formats. Meta is also building up its 3D advertising capabilities. In a new partnership with 3D modeling provider VNTANA, Meta is exploring ways for brands to run 3D ads on Instagram and Facebook. The idea is that brands will be able to upload 3D models of their products to either platform and convert them into ads.

This embrace of 3D certainly makes sense. According to eMarketer, 3D and mobile augmented reality advertising revenues are on the rise; one ARtillery estimate hints at 134 percent growth over the next three years.

Our Advice to Brands

If your product lends itself to creating 3D ads, by all means now is the time to explore these types of formats.

But don’t treat 3D technology like a shiny new toy—or embrace it just because it’s new. Three-dimensional advertising is a promising format for sure, but remember first that your ad campaign needs to target the right customers with the right message at the right time—and on the right platform for your brand. If your customer base is not using Twitter, for example, no amount of cool 3D technology will have much impact, and advertising there may not make sense, period. Don’t embrace 3D for 3D’s sake; do so because it serves your brand and the story you are trying to tell.

Contact True Interactive

New technology is undeniably exciting. Wondering how to make sense of what’s out there, and what best supports your brand? Contact us. We can help.

Photo by Alexander Shatov on Unsplash