After talks of website analytics being offered since December 2009, Twitter is finally jumping on the Analytics train. Twitter, one of the top social media sites in real estate marketing, recently announced at a company conference earlier this week that the popular social media site plans to offer up free, real-time analytics in the fourth quarter. There will be a phased roll out of the analytics dashboard to show users valuable information (specifically those using Twitter for their real estate business) on how their tweets are being spread, and who is of significant influence in their network.
Fortunately, following the Google Analytics example, Twitter will not be charging for its analytics feature, which was a concern as the company’s execs had alluded to the feature’s potential revenue as a possible business model in the past. Ross Hoffman of Twitter’s development team commented that Twitter would also incorporate the technology it’s using to measure tweet “Resonance” for search results and other similar features.
When the idea was first broached in December, the announcement of the Website Analytics feature was in reference to use of commercial Twitter accounts, which you would have to pay for, that contain premium features like multiple Twitter authors and an Analytics Dashboard – similar to LinkedIn’s premium accounts. However, this notion was also born out of the idea that Twitter would one day be a paid service, and as of yet there doesn’t seem to be any indication that there will be a Twitter business model.
Since that late 2009, Twitter has also matured significantly. It has been steadily competing with third party developers, and the company has consistently grown by purchasing and launching new software, such as mobile products. As for the Analytics offering, the Twitter App lists 151 applications to better understand the Twitter component of your real estate internet marketing campaign. This is great news for those of us in real estate marketing to help manage and understand Twitter presences.
Source Article: Twitter Analytics