Thursday, November 7, 2013

Twitter goes public, raises $1.82 billion

Twitter goes public, raises $1.82 billion | Demand pushes up value of Twitter shares on first day of trading | What Twitter can do to improve its marketing appeal
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November 7, 2013
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Twitter goes public, raises $1.82 billion
Twitter said it raised $1.82 billion in its initial public offering today, selling 70 million shares for $26 in the largest tech-industry IPO since Facebook last year. The IPO valued Twitter at 12.4 times its 2012 revenues, a higher premium than either Facebook or LinkedIn. "There was a period of skepticism over consumer technology after Facebook's IPO, and now people are running back," said Softbank Capital's Matt Krna. Advertising Age (free access for SmartBrief readers) (11/6), The New York Times (tiered subscription model) (11/6), USA Today (11/7)
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Cloud Computing 101: It's a Brave New Virtual World
54% of all businesses now use cloud computing. And of this group, nearly 75% use different types of clouds or multiple services in the same cloud. The recent advances in the field of cloud computing now offer small businesses a myriad of opportunities to save time, resources and money, all while keeping important data more secure. Download your free white paper, Cloud Computing 101 today.

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What Twitter can do to improve its marketing appeal
Marketing executives from Unilever, LG, Publicis Groupe and other companies outlined changes they would make to Twitter to make it more advertiser-friendly. Keith Weed, Unilever's chief marketing and communications officer, says the social network should "use research to show that the very high levels of engagement that Twitter commands translate into increased brand equity." Chobani's Peter McGuinness said he "would like to see less intrusive advertising units that are more organic and relevant to the platform." The Wall Street Journal (tiered subscription model) (11/6)
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Instagram chief hails early success in ad rollout
About 5% of Instagram users who saw the site's new ads clicked to "like" them, a statistic CEO Kevin Systrom called "pretty tremendous considering most of the ads we see on the Internet we ignore." Systrom said the company is taking the process of integrating ads on its site slowly. "Are they making us hundreds of millions of dollars per day? No, but that wasn't the goal," he added. TechCrunch (11/6)
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New ad format improves LinkedIn's click-thru rates
Sponsored Updates ad units, which LinkedIn launched in July to run ads within a user's news feed, are performing better than the display ads the website has traditionally used. Two-thirds of the clicks on the Sponsored Updates ads come from mobile devices, which are growing in importance for the social networking website. MediaPost Communications/Online Media Daily (11/5)
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Could Your POS Generate More ROI?
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Land Rover asks fans what drives them in Instagram contest
Land Rover is promoting the launch of its Range Rover Sport with an Instagram contest asking users to submit photos showing what drives them to achieve. Users are asked to submit a "storyboard" of four photos or a video showing different stages of their efforts and submit them using the hashtag #IAmDriven. Luxury Daily (11/7)
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How will you keep up with the changing face of condition management?
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Study: Social media use is high among moms with young children
Moms with children younger than 5 have above-average activity on social networks, an Experian study says. "We found in the analysis that Facebook is overwhelmingly the preferred social media network for moms with young kids," says Experian's Suzanne Blackburn. Mashable (11/5)
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Social Media in Pharmaceuticals 2014 returns to London!
The 6th instalment of the sell-out Social Media Pharmaceutical conference series returns this winter to London. With keynote presentations from KOL'S and industry professionals at the heart of social media including Pharmaguapa, Sanofi, Merck and Roche, this really is a unique event not to be missed! Learn more here.
 
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When social media ad launches go wrong
The major social networks are all working to develop ad tools for brands, but they've been making plenty of missteps along the way, Alexis Caffrey writes. Pinterest, Instagram and Digg have each angered users with poorly thought out or sneakily implemented ad-product launches, she writes. "[M]aking social media advertising work will take effort on the part of social networks -- and some consideration for their users," Caffrey writes. SmartBrief/SmartBlog on Social Media (11/6)
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Social Shareable
Twitter heats up with "Halloween fireballs"
Twitter users in California lit up their feeds on Wednesday with mentions of what they assumed was a meteor breaking up in the sky. The tweeters were likely noticing annual meteor streams called the South Taurids, according to the National Weather Service. The South Taurids are also known as "Halloween fireballs" because of the timing of their seasonal appearances. USA Today (11/7)
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SmartQuote
Twitter needs to help users pinpoint the most interesting and relevant tweets. Twitter can't let the feed just pass the user by."
-- Trevor Guthrie, co-founder of Giant Spoon, as quoted by The Wall Street Journal
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 Andy Sernovitz, Editor at Large
Andy Sernovitz is the New York Times best-selling author of "Word of Mouth Marketing: How Smart Companies Get People Talking" and the blog "Damn, I Wish I'd Thought of That!" He runs WordofMouth.org, where marketers and entrepreneurs learn to be great at word of mouth marketing, and SocialMedia.org, the community for social media leaders at the world's greatest brands.
 
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