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Twitter and Google Rekindle Their Flame: What It Means for Your Business
March 10, 2015
In early February, Google and Twitter rekindled their flame by forming back into a strategic partnership. I use the work “rekindled” because this isn’t the first time these companies have gotten snug as a bug in a rug. In 2009, the two companies inked a deal allowing Google to index tweets, and the duo has done it again. How does this affect Google and Twitter? More importantly, what does this mean for you and your business?
Just to make sure we’re all on the same page, let’s clear up what “indexing” is with Google. When you go to Google to search, you’re not actually searching the web. You’re searching Google’s index of the web. Google encourages us to think of their index like an index you’d see in a library. Library indexes list all of the books in that library and where to find them. With Google, it’s exactly the same except books are websites. This is so important because Google holds 75% of the web search market share positioning it to be the most trafficked website in the world. Fun fact: Google’s index is well over 100,000,000 gigabytes. *Insert jaw-dropped emoji*
The incentive for Google to partner with Twitter is that Google will now have very specific, time-sensitive, relevant content in its index. The key word here is time sensitive. Sure, Google already has very specific and relevant content in its index through blogs, but blogs don’t happen as quick, easy and as often as tweets do. Now Google will have very specific and relevant content indexed literally as it’s happening.
There haven’t been many details about this strategic partnership yet. Both companies have been very hush hush about it so far, for example, ad revenue has yet to be discussed, but from my research, once a user clicks on the tweet within Google’s Search Engine Results Pages (SERPs), they will be taken to a feature hosted on Twitter’s domain called Instant Timeline. This is where the incentive for Twitter comes in.
Twitter has a world domination plan to become “one of the top revenue generating Internet companies in the world” said Twitter’s CFO Anthony Noto. Their target is $14 billion in revenue by the year 2024, mind you the social networking company produced $1.4 billion in revenue in 2014. To achieve this strenuous goal, Twitter must grow it’s user base in order to successfully diversify it’s advertising catalog. Therefore having more unique options for advertisers and the audience base to do so.
All this talk of strategic partnerships and billions of dollars is great, but what does it mean for you and your privately held, small business? Why should you care about Google indexing Twitter’s tweets? Let’s take a look.