The very sharp Sandy Carter asked a question today that had been playing in the back of my mind but being the weak marketer I am, I never really fully got my teeth into: if you put out a promotion on Twitter, how can you measure the effectiveness of that tweet?
Twitter, like every other web presence, should allow for easy measurement. So if your promo attracts 1,000 clickthroughs from your well-crafted tweet you should know about it. Right? Unfortunately those wonderfully effective URL shortening services that that help you keep your Tweets under 140 characters can get in the way.
If you use any of the Twitter clients out there, you’ve probably noticed that many offer a host of shortening services. Each of these has its relative merits. So if you are in the position where you really want to know how many clicks emanate from your wonderfully crafted Tweets, some services work better than others.
A key advantage of this service is it doesn’t matter whether or not you create an account: you can still have access to the excellent stats, which start off like this:
There are further stats on geography and which accounts have used the shortened URL and crucially you can see if there are other bit.ly codes for the long URL.
The advantage of creating an account is that you see all your links collected under one interface (great for comparison). If you sign up for a premium account you get even more features such as detailed referrer stats. Interested? Here’s a few examples of how the service works:
Twhirl and bit.ly
To use bit.ly with the Twhirl desktop client you need to setup a bit.ly account. Then go into the tools section and find the API key. Twhirl will ask you for this information when you try to shorten a URL. This is great because all the URLs you post using Twhirl will be listed in your bit.ly account.
Tweetdeck and bit.ly
Tweetdeck takes a different approach by not asking you to sign in (for the record, bit.ly is the default URL shortening service in Tweetdeck). This makes it easier to shorten URLs right off the bat without having to setup a 3rd party service. But then how do you track links? bit.ly has a nifty use for the ‘+’ sign. Append this symbol to any of the bit.ly URLs to receive stats on that link. Here’s an example: http://bit.ly/45dHIx+.
Web browsing and bit.ly
You can incorporate bit.ly with any web browser. Once you set up an account, you can drag the boomarklet to your toolbar and use this to shorten the URL, with the option to post directly to Twitter.
There are other uses of the service and it integrates with other clients (and I’m sure the iPhone), so if you have more information, feel free to comment. Now let me drift into speculation on the power of bit.ly and what it means for the web.
Taking on Friendfeed
I’ve been a heavy user of Friendfeed for some time: it’s a great tool for taking content from anywhere (including Delicious links) , aggregating it, and posting it on to Twitter/Facebook (for the uninitiated, here’s an explanation of Friendfeed). However, Friendfeed has gone down the route of concentrating more on engaging discussion around the content and does not yet offer publishers decent stats on which links have attracted most clicks. Is this a potential Achilles heel? It’s making me reconsider recommending the service for business/marketing purposes.
Taking on Digg
Beware Digg, you mighty news aggregation service: there could well be a significant player in town. Gigaom recently reported that bit.ly has received $2 million in funding – interesting given the statistics bit.ly offer could turn it into a compelling Digg-like service. When people use bit.ly to shorten a link, they are indirectly voting for it (in much the same way Google treats a link from one site to another as a vote in the PageRank algorithm). If you pull all this information together, you have a great social bookmarking system. Those links that have created the most stir (eg. through retweeting on Twitter) will be ranked the highest. I haven’t seen in practice and there maybe some kinks to iron out (how do you categorize links?) but the idea is intriguing.
Taking on Google???
Will Twitter get into the fray?
As a final point there is much speculation floating around about how Twitter will moneytize its service. Offering premium services to corporate customers seems highly likely. Could one of these services be the kind of statistics that bit.ly dishes out, if Twitter gets into the URL shortening business?
I, for one, think the URL shortening space is looking increasingly interesting, and at this point bit.ly is well poised as a major player.