As first reported by ReadWriteWeb, Twitter plans to launch sophisticated analytical tools, according to Erica Anderson, Twitter’s manager for news and journalism.
Anderson, who made the comments last weekend at a social media conference at Columbia University in New York, said the analytical tools will better help publishers track the reach of tweets sent through the microblogging service. Twitter already offers similar services to its advertisers.
The British public relations agency Punch said that the obvious advantage Twitter has in analytics of its own API stream will probably be too much for marketers looking to understand their social media campaigns to pass up.
“Whilst there are numerous analytics tools available which can look into Twitter in depth, having an analytics platform embedded within the network itself is likely to improve the quality of future campaigns as a whole,” Pete Goold, managing director of Punch said in a statement. “This development may also be part of Twitter’s strategy to try and persuade more brands to invest in the platform from a marketing perspective, since the pool of information and insights which could be available through Twitter is astronomical.”
Twitter’s open API has been widely praised and has allowed companies like HootSuite to develop platforms that not only help users manage Twitter campaigns, but analyze the impact and reach of individual tweets. Recently, however, Twitter has made moves to compete with the third party providers.
In addition to the anticipated analytical tools, Twitter acquired and then redesigned TweetDeck, a popular HootSuite competitor. The redesign mimicked many of HootSuite’s more popular features, including a browser based platform.
Of course, seeing is believing: Twitter has been promising analytics tools for at least two years, with an executive once saying they would be available by the end of 2010.