In the early '80s/late '90s, when Nascar races ran on television, it was hard to find TV commercials from race car sponsors -- those big-name marketers whose messages on the car hoods got
noticed on TV while zipping around a track at 180-plus mph.
Which got me thinking -- why don't you see TV commercials for Twitter? It's the same reason you don't see ads for YouTube -- they
don't need it.
According to a recent estimate, Twitter is generating $48 million in monthly media value from various
non-paid-for advertising exposure. To its credit Twitter also gets some highly prized, very
elusive, word-of-mouth marketing from its large pool of unique visitors totaling almost 21 million.
A big reason for all this exposure -- a NASCAR-type of reason -- is that many
newscasts, talk shows, and other TV programs ask TV viewers to follow them through their Twitter accounts, which are readily displayed or discussed on television.
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Who needs to pay for
advertising when you already have customers running up and down your aisle shouting your name?
Social media hopes to grow by increasing consumer connections -- getting them to buy
groceries, cars, clothes, financial services, or anything else. They are already riding the free roads. Now, someone just needs to sell them gas, perhaps an oil change ---maybe a new car.
TV advertising sales executives might add that Twitter could gain even more participation if they do messaging in selected demographics for some TV shows, "activating" their other efforts.
Jump ahead a few years from the 1990s and give credit to Fox Television and other NASCAR media platforms for finally getting those endemic marketers -- those with product placement exposure on the
cars and around the track with signage -- into traditional TV advertising.
Would Twitter, Facebook, and others ever take the same route?