Verizon Wireless likely spent around $600,000 on Promoted Trend ads during the last month.
Verizon Wireless appears to have quickly become one of Twitter's chief customers, running six Promoted Trend ads for a NCAA March Madness campaign in the last three weeks. Overall, the telecommunications company has shown one of the bigger commitments yet to testing promotions on the micro-blogging site.
Speaking with ClickZ, a Verizon Wireless spokesperson on Monday declined to comment about the Promoted Trend ads. And while Twitter has attempted to keep their pricing structure for Promoted Trends under wraps, industry sources say the San Francisco-based company is trying to demand as much as $120,000 per day for the global ads.
Therefore, since purchasing its first basketball-related Promoted Trend on March 16, Verizon has spent as much as $600,000 to $700,000 on Twitter. According to Twittercounter.com stats, the @VWOffers account that's been featured in the ads has increased followers by 25,400, growing to 103,200.
Verizon has also employed the ads to guarantee a strong Twitter presence for the last three days of the NCAA men's basketball season, which ends tonight with the championship game. The first four ads used the hash-tag, "#MM2011", while the Promoted Trends for Sunday and Monday have utilized "#MM2011 Finals."
People who clicked on the Promoted Trend ad arrived on a landing page containing a Promoted Tweet with a shortened link. The link in turn pointed to an ESPN.com page for Verizon's "Tournament of Tweets" effort. It encouraged participants to tweet their favorite team's hash-tag to their Twitter audiences while essentially casting a vote for the school in a social media tournament.
Below are examples of the Promoted Tweet copy used on the six dates:
March 16: Every game, the final min can feel like a lifetime. In a min, Verizon 4G LTE can download 20 photos. Join #MM2011 http://pub.vitrue.com/We6
March 19: The Tournament of Tweets is heating up. Get in on the messaging mania & help vote your team to the top at http://pub.vitrue.com/L4i #MM2011
March 26: Every second counts. So does every Tweet. Join the messaging mania now in a competition like no other. #MM2011 http://pub.vitrue.com/9YN
April 2: The top 4 remain. Who do you want to win the Tournament of Tweets? Get in on the messaging mania at http://pub.vitrue.com/k7J #MM2011
April 3 and 4: Cinderella stories are written in 140 characters or less. Have you mentioned your fav team yet? #MM2011 Finals http://pub.vitrue.com/mgO
Kate Kaye contributed to this report.
This Year's Premier Digital Marketing Event is #CZLSF
ClickZ Live San Francisco (Aug 11-14) brings together the industry's leading practitioners and marketing strategists to deliver 4 days of educational sessions and training workshops. From Data-Driven Marketing to Social, Mobile, Display, Search and Email, this year's comprehensive agenda will help you maximize your marketing efforts and ROI. Register today!
Christopher Heine was a senior writer for ClickZ through June 2012. He covered social media, sports/entertainment marketing, retail, and more. Heine's work has also appeared via Mashable, Brandweek, DM News, MarketingSherpa, and other tech- and ad-centric publications. USA Today, Bloomberg Radio, and The Los Angeles Times have cited him as an expert journalist.
The Marketer's Guide to Customer Loyalty
Customer loyalty is imperative to success, but fostering and maintaining loyalty takes a lot of work. This guide is here to help marketers build, execute, and maintain a successful loyalty initiative.
The Multiplier Effect of Integrating Search & Social Advertising
Latest research reveals 68% higher revenue per conversion for marketers who integrate their search & social advertising. In addition to the research results, this whitepaper also outlines 5 strategies and 15 tactics you can use to better integrate your search and social campaigns.