Twitter


Exhibit 15.0   Twitter’s “What’s happening?” tagline stands for “what’s happening in the world and what people are talking about right now”.

Preview

Twitter is a powerful marketing and marketing research tool that has played a role in the rise and fall of brands, including individuals such as government leaders. This chapter on Twitter marketing focusses on the effective use of the platform for advertising, and engaging and connecting with consumers.

Twitter

What’s happening? As suggested by the tagline, Twitter connects people with moments that are happening. It is a powerful marketing platform to announce events such as product launches, engage with consumers, build awareness, and generally communicate and connect with a target audience. It is also a useful research platform for marketers to study how people view their brands and their competitors’ brands.

Twitter’s scale and impact can be gauged from the following statistics (Source: hootsuite 2019):

  • 500 million tweets (5,787 per second) are sent every day.
  • 326 million users every month.
  • 80% of twitter users are affluent millennials.
  • Twitter is the number one platform for government leaders.
  • 75% of B2B businesses market on Twitter and 65% of B2C.
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What they SHOULD TEACH at Business Schools

What they SHOULD TEACH at Business Schools


Marketing has changed. More so in practical terms, and marketing education is lagging.

The fundamental change lies in the application of analytics and research. Every aspect of the marketing mix can be sensed, tracked and measured.

That does not mean that marketers need to become expert statisticians. We don't need to learn to develop marketing mix models or create perceptual maps. But we should be able to understand and interpret them.

MarketingMind helps. But the real challenge lies in developing expertise in the interpretation and the application of market intelligence.

The Destiny market simulator was developed in response to this challenge. Traversing business years within days, it imparts a concentrated dose of analytics-based strategic marketing experiences.


Dare to Play

Dare to Play


Like fighter pilots, marketers too can be trained with combat simulators that authentically reflect market realities.

But be careful. There are plenty of toys that masquerade as simulators.

Destiny is unique. It is an authentic FMCG (CPG) market simulator that accurately imitates the way consumers shop, and replicates the reports and information that marketers use at leading consumer marketing firms.

While in a classroom setting you are pitted against others, as an independent learner, you get to play against the computer. Either way you learn to implement effective marketing strategies, develop an understanding of what drives store choice and brand choice, and become proficient in the use of market knowledge and financial data for day-to-day business decisions.