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Advertising on micro-blogs: How to do it cheaper and more efficiently Seung Wook Kim With special thanks to Milad Eftekhar and Nick Koudas Friday, 21 June, 13

Advertising on micro-blogs

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Page 1: Advertising on micro-blogs

Advertising on micro-blogs:How to do it cheaper and more efficiently

Seung Wook Kim

With special thanks to Milad Eftekhar and Nick Koudas

Friday, 21 June, 13

Page 2: Advertising on micro-blogs

Micro blogs

Friday, 21 June, 13

Page 3: Advertising on micro-blogs

Twitter

✤ Created in 2006✤ 500M users

Friday, 21 June, 13

Page 4: Advertising on micro-blogs

Twitter

✤ $260M advertising revenue(2012)

Friday, 21 June, 13

Page 5: Advertising on micro-blogs

Advertising on Twitter

✤ Advertiser bids on a topic and provides a tweet to be advertised.

✤ If more than one advertiser bid on the same topic, then the winning bidder’s tweet is inserted in the timeline of users who are interested in the topic.

✤ SO WHAT IS THE BEST STRATEGY FOR ADVERTISING ON TWITTER?

Friday, 21 June, 13

Page 6: Advertising on micro-blogs

✤ Identifying analogous topics

✤ Mouth marketing

Friday, 21 June, 13

Page 7: Advertising on micro-blogs

Identifying analogous topics

Car

Vehicle

$x

$y

Friday, 21 June, 13

Page 8: Advertising on micro-blogs

Identifying analogous topics

Bill Gates

Friday, 21 June, 13

Page 9: Advertising on micro-blogs

Identifying analogous topics

user 1 - sports, soccer, world cup, football

user 2 - computer, math, database, computing

user 3 - sports, computer, tech, math

Friday, 21 June, 13

Page 10: Advertising on micro-blogs

Identifying analogous topics

computer

music user1 user2 user3 user4

user5 user6 user7 user1

Friday, 21 June, 13

Page 11: Advertising on micro-blogs

Identifying analogous topics

computer

music

desktop

computer

user1 user2 user3 user4

user5 user6 user7 user1

user1 user2 user3 user4

user8 user1 user2 user3

Friday, 21 June, 13

Page 12: Advertising on micro-blogs

Identifying analogous topics

beerbeethoven

Are they analogous?

Friday, 21 June, 13

Page 13: Advertising on micro-blogs

Identifying analogous topics

beethoven

bar

violin

rock

drum

vodka

beer

sake

drunk

classic music

wine

Friday, 21 June, 13

Page 14: Advertising on micro-blogs

Result:Identifying analogous topics

Cloud Computing music sport

cloud musician footbal

tech artist news

technolog band basebal

virtual musica athlet

develop entertain hockey

Query:

Friday, 21 June, 13

Page 15: Advertising on micro-blogs

Mouth marketing

✤ Choose an expert on a topic t.

✤ Ask the expert to tweet about our product.

✤ Then all users who follow the expert will see the tweet!

Friday, 21 June, 13

Page 16: Advertising on micro-blogs

Mouth marketing

✤ Suppose you want to advertise on topic ‘Sports’

✤ And you think people who follow football experts are the right target for you.

How do we choose the right experts?

Friday, 21 June, 13

Page 17: Advertising on micro-blogs

Mouth marketing

Topic ‘Sports’

user 1 - sports, soccer, world cup, football

user 2 - sports, olympics, music, piano, running

user 3 - sports, hockey, NHL, canadiens

Friday, 21 June, 13

Page 18: Advertising on micro-blogs

Mouth marketing

Topic ‘Sports’

user 1 - sports, soccer, world cup, football

user 2 - sports, olympics, music, piano, running

user 3 - sports, hockey, NHL, canadiens

Friday, 21 June, 13

Page 19: Advertising on micro-blogs

Mouth marketing piano, violin, guitar,

musician, band,pop song, concert

hockey, NHL, Maple

Leafs, Canadiens

football, NFL, CFL, super bowl, grey cup

olympics, field sport, running,

swimming, weight lifting

Friday, 21 June, 13

Page 20: Advertising on micro-blogs

Mouth marketing

Music--------user 1user 2user 4user 5

Hockey---------user 1

Football-------user 3user 4user 5

Olympics--------user 2user 3user 4

Friday, 21 June, 13

Page 21: Advertising on micro-blogs

Result:

Query: ‘Sport’hockey,nhl,

hockey player, ice hockey, hab, ...........

surf, ski, snow, snowboard, travel,

outdoor, fish, skate, fit, health fit, health, run,

runner,....................

sport peopl, sportsbiz, sport busi,

local sport, sport media, blogger, blog

...............

liverpool, arsenal, fotbal,footbal player

fussbal, ...........

Friday, 21 June, 13

Page 22: Advertising on micro-blogs

Thank you!

Friday, 21 June, 13