Thursday, April 23, 2015

Twitter Beacons

This is huge news, every bit as large ad the Facebook announcement earlier this year.

Twitter is enabling beacon interactions.

Here is the story from BI:

http://www.businessinsider.com/twitter-ventures-hearst-ventures-softbank-capital-lead-18-million-financing-round-in-beacon-company-swirl-2015-4

Here is a snippet from that piece:

Beacons — small devices placed in retail stores that connect with smartphone apps using Bluetooth — are predicted by Business Insider Intelligence to directly influence more than $4 billion of US retail sales this year at top retailers (.1% of the total).

But right now, a big obstacle in the way of that number jumping higher is that for a consumer to receive a pop-up notification on their phone from a retailer or advertiser sent via beacon, they need to have opted in to receive those notifications (or ads) in a specific app. Right now, those apps are mostly limited to retailers' own apps, or a small network of other apps that are not always likely to be on most consumers' phones.

But that network could soon be opening up far wider.

I love that write-up.  They nail the parameters.  Beacons will be huge.  It is just a question of how big and when.

Happy Reading,

J.W. Gant

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