Twitter: Trying to grow in new ways
Interesting article in the Wall Street Journal today about some new Twitter strategies on the forefront. It seems Jack Dorsey, the new CEO of Twitter who recently took over for Evan Williams, is trying to fix some problems that need attending.
Twitter, with an estimated value of $4 billion, has more than 200 million registered accounts. However, the company doesn’t say how many active users there are. In fact, what they’re seeing is a drop-off: new users don’t stick around and really use the service the way it can be used.
One should note, however, that active users on Twitter are extremely active and very influential. However, Twitter still needs to find a way to scale.
To fix the drop-off issue and try to grow, Twitter is going to start to segment their audiences by showing new users the power of the platform.
For more experienced, active users, Twitter is going to help show the most relevant tweets to the user (similar to the way Facebook shows you the most relevant updates in your news feed).
Interesting trends to watch moving forward.
