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Twitter to allow advertisting

DJI Systems - Freelance IT Strategist, Support Consultant, Programmer and Web Developer; Pembrokeshire, West Wales. Twitter to allow advertisting .Twitter risks the wrath of user base, by changing terms of service to allow for advertising.

Twitter has altered its terms of service to permit advertising, as it looks for new ways to make money from its huge following, which now stands at 45 million monthly visitors.

Twitter, the two-year-old venture capital-backed company that lets people send an unlimited number of 140-character messages, is just now beginning to ramp up efforts to monetise and the revision to its terms of service to allow for ads is part of that..

"We leave the door open for advertising. We'd like to keep our options open, as we've said before," founder Biz Stone wrote on Twitter's official blog.

Advertising revenue is the time-honoured way for web sites to generate revenue while remaining free for consumers.

Explosive growth in social networking is attracting interest: worldwide unique visitors to Twitter's site reached 44.5 million in June, up 15-fold year-over-year, according to comScore.

Some analysts are sceptical that advertising will catch on in a meaningful way on social networks, arguing that companies are reluctant to juxtapose their brands with unpredictable, and potentially offensive, user-generated content.

Stone himself has said the company was wary of annoying its growing base of users by pummelling them with ads.

But other analysts point out that users of social networking websites tend to spend a lot of time on those sites, providing an attractive platform for advertisers to promote their brands - especially if preferences are tracked.

Twitter kept its new clause on advertising open-ended, and stressed it was subject to change.

"The services may include advertisements, which may be targeted to the content or information on the services, queries made through the services, or other information," the terms read. "The types and extent of advertising by Twitter on the services are subject to change."

"In consideration for Twitter granting you access to and use of the services, you agree that Twitter and its third-party providers and partners may place such advertising on the services...."

 

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