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Twitter is grabbing more new customers


53% of Twitter users have been a member for less
than a year, compared to just 19% for Facebook.
 This fresher base could prove an advantage to
            Twitter moving forward.
THE ENTREPRENEURS AT TWITTER:
BUILDING A BRAND, A SOCIAL TOOL
     OR A TECH POWERHOUSE

                   Jagan Tanikella
                          &
                    R.Aishwaryaa
Twitter is a micro blogging service that
allows subscribers to send ―tweets‖ of
     140 characters or less to their
              ―followers‖
• One of the hottest technology companies since Google and
  Facebook
• Cited as being an influential factor in socio-political events
• About half of Twitter’s user base came from the United
  States
• The service has attained its current level of
  popularity based on referrals, extensive and free
  media coverage, and the fact that it employed an
  open source platform, which encouraged the
  development of third-party applications by others
The major problems focused in the
      case study (2009-10)
• Twitter’s user numbers has fallen rapidly
• The company should eventually adopt a
  money making business model in the long
  run
The Key insight was that users
would not need to enter the address
of each recipient separately, every
single time a message was to be
sent.
Why the name “TWITTER” was chosen

The definition was ―A short burst of inconsequential
        information‖ and ―chirp from birds‖
How Twitter works
•   It is essentially a broadcasting system that allows users to
    transmit short bursts of information to lots of strangers as
    well as to friends.
•   It is built a web interface created using an ―open source
    web application framework‖ called Ruby on Rails and
    using Startling as the primary message queue server.
•   It is not a proprietary technology, as it offers the option of
    integrating other web applications or web services with
    Twitter via an Application programing interface (API).
How twitter differed from other
online chat forums and Facebook
•   A person can interact with Twitter entirely from a mobile
    phone, but participating in a chat room usually requires sitting
    at a laptop or desktop computer.
•   Some online services charge for access to chat rooms.
    Meanwhile, the Twitter service doesn't charge users to send
    messages from their mobile phones or the Twitter website, or
    charge users to read other people's messages on the Twitter
    website or have those messages forwarded.
•   Chat rooms often have moderators and codes of conduct. You
    can be kicked out of a chat room, but you cannot be blocked
    from using Twitter under ordinary circumstances.
•   Easy to make new contacts and extend your social circle
    beyond your friends.
•   Simple, uncomplicated user interface.
•   Highly interactive. Allows you to communicate directly with
    your customers and address their comments or concerns.
•   Posts, or ―tweets,‖ enjoyed by your followers are often
    rebroadcast as re-tweets.
•   You can search all posts on Twitter for key words relevant to
    your business.
•   Twitter users are usually open to making connections with
    people they don’t know.
Promotion
Direct
                    Inbound
                    Signaling




                      Internal




         Indirect
Venture Capital Invests in Twitter
•   Twitter is expected to see $259.9 million in revenue in
    2012, up from $139.5 in 2011.
•   Over the next couple of years, the company’s revenue is
    forecast to reach $399.5 million in 2013 and $540 million
    by 2014.
•   Twitter has been identified as a possible candidate for
    an initial public offering by 2013.
•   Some investors in Twitter include Institutional Venture
    Partners, Benchmarks Capital, Union Square Ventures,
    Spark Capital, Digital Garage, Bezos expeditions, Insight
    Venture Partners, etc.
Apple Discussed Investing in Twitter

• Twitter continues to mesh its short-messaging
  service into Apple products, which are
  responsible for a big chunk of Twitter use.
• For its part, Apple has woven Twitter into devices
  such as the iPhone and, more recently, the Mac
  computer.
Potential Routes Discussed

• ―Where you have audiences you will make
  money‖ -E commerce was an avenue the
  company could explore
• ―We can give people stuff for free, but not
  forever‖ –licensing tweets to partners
• Somehow Emulate Skype
•   It was broken—literally
•   It was growing like crazy
•   It had no plan to make money
•   Waves of spammers and hijackers
•   New users couldn’t figure out how to use Twitter
•   Twitter didn’t know how to promote itself
•   Twitter did not have a rich media interface
•   It couldn’t prioritize search results in any way nor
    could it aggregate information for users
Business Model
Twitter believes putting
Promoted Tweets in users
timelines will be its big
moneymaker.
Twitter suggests users follow people whom
the people they follow follow.
Late 2012 is the real beginning of
              Twitter
•   An appropriate number of employees
•   A business plan
•   A rich media interface
•   A stable-enough platform to plan for the future.
Referrals
• http://sproutsocial.com/insights/2011/03/facebook-vs-twitter-pros-and-cons/
• http://www.pibblesnme.com/2012/08/twitter-following-ers/
• http://blog.tweetsmarter.com/twitter-downtime/twitters-seven-big-problems/
• http://haacked.com/archive/2007/06/02/twitter-solves-the-chat-usability-
  problem.aspx
• http://venturebeat.com/2012/01/31/twitters-revenue-expected-to-nearly-double-in-
  2012/
• http://online.wsj.com/article/SB10000872396390443343704577553953443264394.h
  tml
• http://www.crunchbase.com/company/twitter
Twitter case study  final
Twitter case study  final

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Twitter case study final

  • 1.
  • 2. Twitter is grabbing more new customers 53% of Twitter users have been a member for less than a year, compared to just 19% for Facebook. This fresher base could prove an advantage to Twitter moving forward.
  • 3. THE ENTREPRENEURS AT TWITTER: BUILDING A BRAND, A SOCIAL TOOL OR A TECH POWERHOUSE Jagan Tanikella & R.Aishwaryaa
  • 4. Twitter is a micro blogging service that allows subscribers to send ―tweets‖ of 140 characters or less to their ―followers‖
  • 5. • One of the hottest technology companies since Google and Facebook • Cited as being an influential factor in socio-political events • About half of Twitter’s user base came from the United States • The service has attained its current level of popularity based on referrals, extensive and free media coverage, and the fact that it employed an open source platform, which encouraged the development of third-party applications by others
  • 6. The major problems focused in the case study (2009-10) • Twitter’s user numbers has fallen rapidly • The company should eventually adopt a money making business model in the long run
  • 7.
  • 8.
  • 9.
  • 10.
  • 11. The Key insight was that users would not need to enter the address of each recipient separately, every single time a message was to be sent.
  • 12.
  • 13. Why the name “TWITTER” was chosen The definition was ―A short burst of inconsequential information‖ and ―chirp from birds‖
  • 14. How Twitter works • It is essentially a broadcasting system that allows users to transmit short bursts of information to lots of strangers as well as to friends. • It is built a web interface created using an ―open source web application framework‖ called Ruby on Rails and using Startling as the primary message queue server. • It is not a proprietary technology, as it offers the option of integrating other web applications or web services with Twitter via an Application programing interface (API).
  • 15. How twitter differed from other online chat forums and Facebook
  • 16.
  • 17. A person can interact with Twitter entirely from a mobile phone, but participating in a chat room usually requires sitting at a laptop or desktop computer. • Some online services charge for access to chat rooms. Meanwhile, the Twitter service doesn't charge users to send messages from their mobile phones or the Twitter website, or charge users to read other people's messages on the Twitter website or have those messages forwarded. • Chat rooms often have moderators and codes of conduct. You can be kicked out of a chat room, but you cannot be blocked from using Twitter under ordinary circumstances.
  • 18.
  • 19. Easy to make new contacts and extend your social circle beyond your friends. • Simple, uncomplicated user interface. • Highly interactive. Allows you to communicate directly with your customers and address their comments or concerns. • Posts, or ―tweets,‖ enjoyed by your followers are often rebroadcast as re-tweets. • You can search all posts on Twitter for key words relevant to your business. • Twitter users are usually open to making connections with people they don’t know.
  • 21.
  • 22. Direct Inbound Signaling Internal Indirect
  • 23.
  • 24.
  • 25.
  • 26.
  • 28. Twitter is expected to see $259.9 million in revenue in 2012, up from $139.5 in 2011. • Over the next couple of years, the company’s revenue is forecast to reach $399.5 million in 2013 and $540 million by 2014. • Twitter has been identified as a possible candidate for an initial public offering by 2013. • Some investors in Twitter include Institutional Venture Partners, Benchmarks Capital, Union Square Ventures, Spark Capital, Digital Garage, Bezos expeditions, Insight Venture Partners, etc.
  • 29.
  • 30. Apple Discussed Investing in Twitter • Twitter continues to mesh its short-messaging service into Apple products, which are responsible for a big chunk of Twitter use. • For its part, Apple has woven Twitter into devices such as the iPhone and, more recently, the Mac computer.
  • 31.
  • 32.
  • 33. Potential Routes Discussed • ―Where you have audiences you will make money‖ -E commerce was an avenue the company could explore • ―We can give people stuff for free, but not forever‖ –licensing tweets to partners • Somehow Emulate Skype
  • 34.
  • 35. It was broken—literally • It was growing like crazy • It had no plan to make money • Waves of spammers and hijackers • New users couldn’t figure out how to use Twitter • Twitter didn’t know how to promote itself • Twitter did not have a rich media interface • It couldn’t prioritize search results in any way nor could it aggregate information for users
  • 37.
  • 38.
  • 39.
  • 40. Twitter believes putting Promoted Tweets in users timelines will be its big moneymaker.
  • 41.
  • 42. Twitter suggests users follow people whom the people they follow follow.
  • 43.
  • 44. Late 2012 is the real beginning of Twitter • An appropriate number of employees • A business plan • A rich media interface • A stable-enough platform to plan for the future.
  • 45.
  • 46.
  • 47.
  • 48.
  • 49. Referrals • http://sproutsocial.com/insights/2011/03/facebook-vs-twitter-pros-and-cons/ • http://www.pibblesnme.com/2012/08/twitter-following-ers/ • http://blog.tweetsmarter.com/twitter-downtime/twitters-seven-big-problems/ • http://haacked.com/archive/2007/06/02/twitter-solves-the-chat-usability- problem.aspx • http://venturebeat.com/2012/01/31/twitters-revenue-expected-to-nearly-double-in- 2012/ • http://online.wsj.com/article/SB10000872396390443343704577553953443264394.h tml • http://www.crunchbase.com/company/twitter