@oaknd1 Indiana has flipped to light blue with us as well. Look out below, falling red states http://www.hubdub.com/election_map
This is the text of a direct an @reply message I received in Twitter yesterday from a user named Nigel Eccles who I do not know, do not follow, and as far as I can tell, does not follow me. Not being the sort who randomly clicks on links sent to me (but intrigued that I appeared to be directly targeted in the message), I checked out his user page.Â
Most of Mr. Eccles posts are targeted at other users and include links to HubDub, just like the tweet I received. Turns out, HubDub is a prediction market game site that allows users to bet play money on news events. Much like Inkling, a site that a couple of my friends and I played voraciously for a few weeks in 2006 before burning out on the lack of new investment markets on the site (a perhaps unavoidable consequence of being a recent start-up with relatively few users. But I digress).
HubDub strikes me as very very cool.
So how did Nigel Eccles, the CEO and creator of HubDub (according to Google) end up targeting @oaknd1?
It’s because, earlier in the day, I had posted this tweet:
Wow. Intrade.com has Indiana as a very light blue state. It was pink last week.
Intrade is an Irish prediction market site that allows users to buy futures contracts on current events with real money. Among other things, they are heavily involved in predicting the results of the upcoming election. It’s an interesting way to hedge against real investment risk. If you have most of your money in stocks, you could buy contracts on a recession and make some money while the rest of your investments look like Ike Brovlovski doing his impression of David Caruso’s career.
(South park…episode one…anyone…anyone…)
(Crickets)
Anyway…clearly, Nigel is following the names of his competitors with a Twitter filter and taking the opportunity to send targeted, timely direct messages to users like me who demonstrate an interest in services similar to his own.
How can this help to enhance your marketing?
Well…let’s say that you’re trying to increase the Q-rating of your business, or blog, or web app, or non-profit children’s summer camp: Search for your competitors on Twitter. Chances are, the people talking about your competitors are your potential customers. (Especially, if they’re complaining about your competitors).
Why this is potentially pretty cool
I think I’m impressed by this because I didn’t receive a tweet from “HubDub.com.” It came from the the CEO of the company. Is it really the CEO, or just some sort of bot? I have no way of knowing, but that’s where my interest was piqued enough to check out the link.
I use twitter primarily to interact with my network, but I’m not against the idea of well crafted, targeted, permission-based marketing based on what I’m twittering from time to time. In this case, it directly resulted in the discovery of a totally new (to me) site. The only way I can think of that I would ever have found this site would be if it was mentioned in a Bloomberg podcast or an article in the Wall Street Journal, the way I first heard about Intrade.
Why this potentially sucks
If I ever find myself referring to wearing a Band-Aid, or going to McDonald’s in one of my tweets, do I really want to receive a flood of tweets from Burger King? Or Brand-X Adhesive Bandages?