Twitter looks to increase data sales

US — Twitter’s data strategy chief, Chris Moody, has confirmed that the company is looking to increase its income from selling data to advertisers.

Res_4013081_twitter_458

According to a story in the Guardian, Moody — former CEO of analytics company Gnip, which Twitter acquired in April last year for $130m — is looking to market Twitter’s firehose to companies such as IBM, Oracle and Salesforce.com, as well as marketing specialists like Klout, who will repackage the data to sell on to other companies.

In 2014, sales from tweets amounted to $70m, a small proportion of Twitter’s overall revenues of $1.3bn. Moody wants to increase this by matching its users to a company’s database of customers to provide targeted advertising.

Moody insists that this strategy is uncontroversial with regard to data privacy, acknowledging that one of the questions the company often gets asked is: “How do we ensure that we are not being creepy?”

“You bring your data to us and we will ensure that your customers, if they exist on Twitter – we can provide advertisements to them,” he says. “It’s done in a completely anonymised fashion, so we are not sharing private information.”

We hope you enjoyed this article.
Research Live is published by MRS.

The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.

Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.

For example, there's an archive of winning case studies from over a decade of MRS Awards.

Find out more about the benefits of joining MRS here.

0 Comments


Display name

Email

Join the discussion

Newsletter
Stay connected with the latest insights and trends...
Sign Up
Latest From MRS

Our latest training courses

Our new 2025 training programme is now launched as part of the development offered within the MRS Global Insight Academy

See all training

Specialist conferences

Our one-day conferences cover topics including CX and UX, Semiotics, B2B, Finance, AI and Leaders' Forums.

See all conferences

MRS reports on AI

MRS has published a three-part series on how generative AI is impacting the research sector, including synthetic respondents and challenges to adoption.

See the reports

Progress faster...
with MRS 
membership

Mentoring

CPD/recognition

Webinars

Codeline

Discounts