Twitter ups price tag of sponsored services

Twitter is upping the costs of its sponsored trends service. What once started out as a US$80,000 a day advertising scheme in 2010 has been raised to $200,000 a day, up from US$150,000 per day in 2012 according to The Wall Street Journal. Twitter explains the promoted trend advertising system is a means of allowing Twitter users to see “time-, context-, and event-sensitive trends promoted by our advertising partners. These paid Promoted Trends appear at the top of the Trending Topics list on Twitter and are clearly marked as ‘Promoted.'” The visibility of the advertisement is high, and at the same time, everyone who sees the promoted trend knows it’s ad-sponsored, lending a sense of honesty to the proceedings. As to whether the promoted trend system works, it will ultimately depend on the advertiser, the timing, and what’s being offered.


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