Free Trade Ideas - Using Twitter/Pownce/Dodgeball to Advertise to Your Best Customers

This post is the first in a series I like to call 'Free Trade Ideas'. To give you the shortened overview; I post idea an idea that I've been tinkering with and if it's something that you like, then you are free to use it as your own. No string attached, no gimmicks, no restrictions.

Why would I do something like this? In simple, the idea part is easy for me, its the implementation that I find hard to overcome. No, I'm not worried about someone taking my idea and turning it into a billion dollar business. My main concern is to strengthen the quality and quantity of my ideas and to better communicate them within this community. Ideas and innovation are meant to be free. It serves no purpose trying to hole them up within some Moleskine notebook anymore.

The Setup:
Blogs and social networking sites such as MySpace and Facebook are all the rage within the business community. Every business should have some sort of communication platform in which they can reach out to their customers and fans. If you're still trying to get to this level, then maybe this article isn't for you. But, if you're ahead of the curve and have had a blog, Facebook, MySpace page, etc and are looking to capitalize on new ways to reach your customers, then this should be right up your alley.

Twitter is a micro-blogging service which allows its users to send updates to both their personalized homepage and other users or 'followers' who have signed up to receive them. Messages are sent through SMS (text messages), instant messages or e-mail and are capped at 140 characters. Twitter's service revolves around one simple question: "What are you doing?"

There are legions of followers within microblogging services such as Twitter, Pownce and Dodgeball, so I wholeheartedly believe that somehow a business model must come out of it.

The Idea:
An experienced and trusted Twitter user that merges, captures and translates real time data from these microblogging services and marries it to an advertising partner. Not simply showing an advertisement or spamming the community, but rather starting true conversations and solving problems for both the community members and their advertising partners.

For an example, lets say your client is a small business coffee shop in Manhattan. You (the trusted Twitter user) setup a script or notification through a proprietary service or use something like Search Twitter with a set of keywords you plan to target. Through your feed, you receive instant notification when user AngieAnn (who happens to live in Manhattan) is disappointed in the coffee her roommates left on the burner.
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Your service relies on speed so you quickly comment on her Twitter page, introduce yourself and offer her a discount on her next drink at your client's coffee shop. She can use the coupon code you've just left for her and your client can then measure the effects of this.

When she then redeems the offer, the coffee shop staff is in on the promotion and asks AngieAnn to become a follower of their feed. Through your Twitter profile, you can then offer the coffee shop's best customers (those that have signed up as followers) discounts, free products and exclusive offers. Followers feel special and privileged, your client has customers for life and the effects of your promotion may even cause a Twittermob.

Therefore, the benefits you can present to your advertising clients are;
  • Challenging customers with information that provokes a response. Customers want to take action.
  • Speaking with them on theirr own turf. You are tailoring your conversation to them and not trying to sell them items they don't need. You are starting two dimensional questions in which the user feels engaged.
  • Customizing the experience to that specific user. No where else in the world is someone getting the same attention.

Concerns:
Its important that you establish yourself first within these communities, that's another reason why a middleman who already has a expertise in this can excel. Ensure that your clients don't get a case of Twitterhea or want to overwhelm their customers with messages. Encourage them to really get to know their customers and slowly begin to slow value within the community.

Additional Resources:
Twitter
Pownce
Dodgeball
Twitter Search Engine
Beyond Madison Avenue - Apparently, Twitterers are Morons