London’s Olympic Stadium will have many athletes in it this Friday. Twitter, is kicking
off an Olympics events page that will contain tweets from athletes, their
families, fans and others. Twitter is getting ready to join an Olympic relay that it
hopes will help it gain ground on Facebook. Twitter has partnered with NBC Universal. With the
partnership, Twitter hopes to use the Olympics as a launch pad into a more
sustainable business. This is one of the first times Twitter will serve as an
official narrator for a live event. NBC will be directing viewers to the
Twitter page.
Twitter, which allows people to post 140-character
messages, has built up more than 140 million monthly users. Twitter has also become a resource for people
to find news. The executives at Twitter decided they want the 6 year old
service to find a larger audience and a serious money maker. As a result,
Twitter’s Olympics bet is crucial. “This is a way for new users to sample
Twitter,” said Chloe Sladden, Twitter’s vice president of media.
“There’s no way of knowing exactly how much advertisers will spend on
Twitter during the Olympics, but there is no doubt they will be jockeying for
ad space during some of the key events of the Games, when traffic on Twitter
will explode,” eMarketer analyst Debra Aho Williamson said.
Twitter has prepared for the Games for months. The company has already
performed dozens of promos with athletes and national sports associations to “sell”
them on using its service. Twitter has requested that companies should buy ads
on Twitter to spread their Olympics marketing messages.
Advertisers said Twitter has pushed itself to them as an effective marketing
vehicle. Twitter will be visible offline, on television and online. The London
Eye, a giant Ferris wheel dominating the skyline, will light up each night
based on the sentiment of Olympic tweets, although Twitter said that isn’t part
of its campaign. Once a night, the London Eye will light up in a pattern that
reflects the prevailing sentiment about the games among Twitter users that day.
Positive tweets will turn the thing yellow, negative ones purple.