Twitter to Hire CMO, Debut Integrated Campaign to Kickstart User Growth
Posted in: UncategorizedTwitter has been able to grow its ad revenue despite its struggles to grow its user base — at least for now. To make sure its decelerating user growth doesn’t deflate its ad-revenue growth, the company is planning a big marketing push later this year.
Twitter plans to roll out its first integrated marketing campaign by the end of 2015 and is in the process of hiring a CMO, the company’s CFO and de facto marketing head Anthony Noto said during the company’s earnings call on Tuesday. Mr. Noto said the campaign will promote Twitter’s upcoming Project Lightning, a new feature designed to curate tweets around live events that’s scheduled to debut in the fall.
The emphasis on marketing underscores one of the bigger issues facing Twitter’s business: It’s not attracting many new people to sign up for the social network. In the second quarter, Twitter only grew its number of monthly active users by 12% year-over-year to 302 million people. That figure doesn’t include the 12 million people in a given month who use Twitter via text messaging to follow specific Twitter users without registering their own Twitter accounts, which limits Twitter’s ability to target ads to that audience segment.
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