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1 Out Of 4 Will Pay For Twitter Business Accounts

twitterIt is very likely that Twitter would be launching its business accounts soon, as several companies are currently testing out its corporate platform. The corporate accounts, according to co-founder Biz Stone, will provide businesses with statistics to measure their Twitter performance.

We can expect the usual web measurement metrics, such as click through rate, tweet sentiments and retweet rate. The rest are unknown as Twitter remains tight lipped. A survey study by WebBizIdeas, an Internet marketing solutions company, has revealed that only 26% of US business Twitter users are willing to pay for such business functionality.

That is only about 1 out of every 4 businesses. With Twitter sending unclear signals about how its corporate accounts could help businesses grow, we should take the statistics with a pinch of salt.

US twitter business users

Besides Twitter’s corporate accounts, the recently launched promoted tweets platform is also a highlight of this study. When asked what Twitter advertising tactics would provide the most value to businesses, almost 70% of them suggested old school price per click and price per impression approaches. Also, only 1 out of 5 businesses value Twitter followership.

Clearly, web traffic of Twitter matters more to businesses since click through rate is more valued over Twitter following count.

Twitter performance

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About Willis Wee

Founder of Penn Olson who is also an entrepreneur since 2005. He has had experience in crafting social media strategies for organizations such as Marriott Vacation Club, James Cook University, Reach Singapore and Unilever. Contact him at willis[at]penn-olson[dot]com

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  • Mixed_Media

    trackback spam is ridiculous and deters real comments.

  • http://www.jackringer.com Jack Ringer

    I will – I own my own husband and wife web design and online marketing business and have already signed up with the “express an interest” email

    David

  • http://www.jackringer.com Jack Ringer

    Am I the only Town Crier in the world that uses an iPad in place of a scroll?

    Has a Twitter account?

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