CheapTweet Blog

Here at CheapTweet, we see a lot of tweets. In fact, in the almost two years we’ve been searching for tweets about deals, we’ve indexed more than 12 million tweets on CheapTweet.com. That’s a whole lot of tweets.

From that, we’ve learned a great deal about what kinds of tweets get retweeted and clicked on. We’ve written before about how to write effective tweets, particularly if you’re tweeting on behalf of a store, brand or other business. Writing clear, actionable tweets is essential to being successful on Twitter, but it’s also equally important to measure what’s happening when you tweet.

Twitter itself gives you some good insight into your tweets. For example, it tells you how many times your tweets are retweeted, as well as who retweeted those tweets.

Having that retweet information is very useful, but it can be difficult to tell what kind of impact those retweets are having. How many people follow the people who retweeted you? How many impressions are your tweets generating? What kinds of tweets get traction? Who are your biggest advocates?

Besides the info Twitter includes about your tweets, there are a number of third-party tools that provide hard numbers and other data to help you understand how effective you are on Twitter.

One of these is TweetReach, a tool we developed that calculates a tweet’s reach on Twitter. We wanted to be able to measure how far tweets about a topic traveled – how many people retweeted (and who retweeted), how many total people saw tweets about a topic, and more.

TweetReach is useful for gaining insight into a particular deal we tweeted. For example, we recently tweeted about a BOGO coupon for Jamba Juice. Through Twitter, we learned that it was retweeted 35 times. Using TweetReach, we can see that there were actually 47 tweets about that coupon. Not all were traditional retweets, so they’re not all counted in Twitter’s retweet calculation. Beyond that, we can also see that those 47 tweets contributed to more than 59,000 people who were exposed to this deal! Those numbers are really helpful to us, and we can take them to customers and advertisers to help them understand our impact on Twitter.

This TweetReach report also shows us, of all the people who tweeted about our coupon, who contributed the most impressions. This is great information to know – who are our most influential advocates?

In addition to TweetReach, we depend on a variety of other metrics and analytics apps to help us measure our success on Twitter. Three of our favorites are Klout, TwitterCounter and TweetStats. Klout calculates a Twitter account’s influence and gives you a number of useful metrics about an account. TwitterCounter provides stats about the number of followers and tweets for an account. TweetStats quantifies your tweet frequency and other useful tweet stats. And depending on what else you want to calculate, the oneforty analytics category has 151 Twitter applications listed – I bet you can find what you’re looking for.

This kind of measurement is important to knowing if you’re being successful on Twitter – whether that means increasing awareness about a sale, driving traffic through to your website, or communicating clearly about company news. What metrics and analytics tools do you like?

It’s seemed like a pretty slow deal day, so I asked our Twitter followers if they’ve seen anything good today. Here are some of their suggestions. Thank you for your help, everyone!

• @cbowers21 says: JCPenney has a big sale going on plus 15% off both in store and online. Also free shipping for orders $49 or more.
• @ElChileCafe says: 1/2 price house pizzas +$1 off drinks at The Red House Pizzeria [in Austin, TX] daily!
• @DailySaving says: This one was great, I used it today… RT: @thisfrugal_life 1-Yr Subscription to Shape Magazine Only $2.99!
• @doofard says: Breakthrupcb has 40% off all clothes.
• @asevans13 says: I heart this dessert company: RT @sweetstdesserts Take 10% off your New & Featured Product purchase w/code 498NWFTR010P
• @luischinea says: Check this one out: [printable coupon for $2.99 lunch at Quiznos]
• @heartsabustin2: 30% off my Christmas in July section until August 1! www.heartsabustin.etsy.com
• @CoupTessa: 65% off X-Treme Rock Climbing [in Miami, FL]!
• @Bestlaminate says: Roberts Harmony Silent pad – just $29 w/FREE s&H (at Lowes $63)

Twitter posted its first @earlybird deal today. We haven’t written or said much about @earlybird yet, partly because we wanted to see it in action before discussing it. But we’re really excited that Twitter is participating in the deals space and we’re honored to be among their suggested users for Deals and Discounts on Twitter.

The first @earlybird deal was a ticket offer for @DisneyPictures‘ new film The Sorcerer’s Apprentice. While we think @earlybird is a good idea, their first deal attempt hit some rough spots. They had to repeat (and reword) the deal a few times because redeeming it was a bit tricky.

If even Twitter can trip up a bit, then of course it will be difficult for all the merchants out there to get it right. We thought now seemed like a good time to revisit some of the things we’ve learned running CheapTweet. Posting deals in a real-time, short-form channel like Twitter is actually quite different than announcing deals in email newsletters, blog posts, or even Facebook.

Lots of people tweet about coupons and discounts; the CheapTweet search engine finds about 40,000 deal tweets every day. And each day, we tweet about a handful of these deals to @CheapTweet Twitter followers. We’ve seen every kind of deal you can imagine – the good, the bad, and the oh-so-spammy. And since we find 40,000 new deals every single day, there’s a lot of data to learn from.

We’ve written a few times about how to effectively tweet deals. There is our original post on Twitter Tips for Retailers and its updated companion, More Twitter Tips for Retailers. These posts are based on our experience aggregating and filtering the millions of deals we’ve seen on Twitter the past two years.

What we’ve learned is that tweeting deals comes down to three things:

• Keep it simple
• Don’t repeat yourself
• Offer something people want

Take a look below for some more info on these three things and some examples of where @earlybird tripped up.

Keep it simple

Deals must be simply worded and easy to redeem. The first @earlybird deal required several steps and a coupon code to actually redeem the deal. Ideally, there should be only one click to get to the product for sale. Don’t send Twitter users to your Facebook page before routing them on to your website. Don’t make them fill out long forms, remember complicated coupon codes, or take multiple steps to save a few bucks. Above all, make sure customers can quickly and easily purchase. Don’t make them ask you what to do.

The simpler the redemption process is, the more redemptions you’ll get.

Don’t repeat yourself (much)

On Twitter, it’s easy to miss a tweet. Things move so fast and many of us follow hundreds of other people. This means tweeting a deal a few times seems like a good idea, just to make sure everyone has a chance to see it. In fact, we often encourage that – over a period of hours or even days. But posting a deal a bunch of times in a row is overwhelming and unnecessary. Especially if you have to tweet multiple times to clarify what the deal is or how to redeem it (see previous point). This definitely tripped up @earlybird.

Offer something people want

Finally – and most important of all – a deal simply must be relevant to its audience. If it’s not relevant, it’s spam. Figure out what your customers are looking for and give it to them. Sure, there’s no way to tweet something that absolutely everyone will like, but you can definitely avoid tweeting a deal no one wants. For example, we know that if we tweet about a deal from Starbucks, it’ll get retweeted dozens of times – lots of people like Starbucks.

When choosing what other deals to tweet about for our followers, we think about ourselves, our parents and our kids (well, our friends’ kids, but you get the point). If any of those groups would like a deal, then we’ll tweet it. If none of them would like it, then we won’t tweet it. You can’t really blame Twitter for this one, since Disney’s usually a pretty good bet, but the Sorcerer’s Apprentice hasn’t exactly gotten rave reviews.

Really, what we’ve learned is that, like other interactions on Twitter, posting deals is more than just tossing out 140 characters of text. We’re happy that Twitter is posting deals through @earlybird and we can’t wait to see what tomorrow’s deal will be. Social media channels like Twitter are a great place to post and find deals. And even with today’s hiccups, today’s @earlybird deal worked and saved people money.

If you post deals to Twitter, you want our search engine to pick up your deals and post them on CheapTweet.com, make sure you’re following our deal tweet guidelines. Or just ask us! We’ve seen it all and can help you figure out the best way to make sure your deals are clicked on and retweeted. Find us on Twitter at @cheaptweet.

Last year, I wrote a post of Twitter tips for retailers, outlining some of the best tweet practices I’d seen retailers and other merchants engaging in on Twitter. Since then, Twitter has evolved and I’ve had a chance to refine these tips. It seems like it’s time for an updated post. So, here it is – my thoughts on ways retailers and other brands/businesses can write effective tweets that encourage followers to click through and retweet.

Of course the following tips are meant to be taken as general guidelines, based on what I’ve seen to be effective in many cases. These are certainly not hard and fast rules and will not apply to every Twitter account or every situation.

Many of the guidelines I listed in the last post still apply. In particular, I included the following tips in the previous post, and I think they all continue to hold true.

Call your followers to action. Encourage your followers to do something. Be descriptive and active in your tweet language.

Tweet diversely. Yes, you want to post links to your store, your blog, or your website, but include tweets about other stuff, as well. Post links to other interesting articles or sites, post some tweets without links, reply to others – just mix it up. Most people don’t want to follow a boring or spammy feed.

Use keywords. Make sure your tweets include keywords that will help you be found in search. Not only do people use Twitter search to find other Twitterers, but tweets are also indexed by other sites (like CheapTweet, which is indexed by Google), so keyword-rich tweets will help people find your profile, both on Twitter and off.

Be succinct and retweetable. Just because you have 140 characters doesn’t mean you should use all of them. Try to keep your tweets to around 120 characters so your followers have room to easily retweet you.

Include unique links. Don’t just tweet the same link over and over. Use a URL shortening service like bit.ly to shorten unique links for each new tweet. This is especially important if you’re tweeting about different products or pages.

Now I’d like to add to that list. Here are a few more tips for making the most of your tweets.

• Include one short link at the end of your tweet. In general, only include one link per tweet. It’s such a short space; more than one link (or more than one hashtag) clutters your message. Also, to keep the tweet text clean, put the link at the end of your tweet, not in the middle.
• Respect social site boundaries. Avoid contaminating your Twitter stream with Facebook, FriendFeed, MySpace, etc.. links.  If you have content you want to share with your Twitter audience, share it on Twitter; don’t force them to go through your Facebook page to find it. The more steps it takes to get to the product you’re selling, the less likely people are to click all the way through. If your customers want to interact with you on Facebook, they’re probably already connected with you there.
• Tweet often. As Twitter grows, your followers are likely to be following more people, which means their streams fill up quickly. It’s easy to miss one tweet when you have hundreds of others to catch up on. So if you’re running a big sale or have important company news, tweet about it a few different times. And keep your stream updated – if your last tweet was several days or weeks ago, you won’t get as many new followers.
• Vary your tweets. Don’t post the same tweet more than once. Yes, it’s good to remind your followers about a sale or repost important news (see previous bullet), but it’s not good to tweet the exact same content again. Reword before reposting. If you include a new shortened link with the new copy, you can even measure which tweet gets more clicks and learn a little something about what your followers find interesting.

These are just a few of the practices I’ve seen that can help improve your tweet clickthrough rates. If you have other tips for writing effective tweets, I’d love to hear them!

As you’ve probably seen over the past few days, Twitter has done a massive rollout of its new lists feature. If your account doesn’t have access to it yet, it will soon. Twitter Lists allow anyone to create a list of their favorite Twitterers in any category they want, and follow those people’s tweets in one place. These lists can be public or private.

As a business on Twitter, you’re probably already using it to talk with customers, share deals and news, and stay up-to-date with your industry. The Twitter List is another feature that can be incredibly useful for you and your customers. You can use public lists to curate collections of helpful resources that both engage and support your customers. Here are five types of Twitter Lists a business should make.

1. Company Accounts.

Make a list of your employees and other corporate accounts, if you have any. This makes it easy for customers to find the rest of your Twitter accounts. This is particularly useful if you have a number of corporate accounts or a group of employees on Twitter. This gives your brand a more well-rounded personality and gives customers multiple points of contact with you. As an example, here’s a good list of Dell employees and corporate accounts.

2. Complementary Businesses.

Make a list of other merchants your customers might like. What other products might your customers be shopping for? Make it easy for them to find those products. If you sell carpet and flooring, for example, you could create a list of other home decor retailers  (think paint, window treatments, furniture, etc…). We made a list of brands offering deals on Twitter.

3. Industry Thought Leaders.

Who are the big thinkers in your industry? Are there publications and media outlets writing about important industry news? Think of what resources your customers might want that relate to the kinds of products you sell. For example, if you own a bar, you might want to create a list of beer bloggers to help your customers learn more about beer and brewing. @AllGoodBeer has a great beer news list.

4. VIP Customers.

Say thank you to your biggest customer advocates by including them in a list. Customers love to be heard, and being included in a Twitter list makes anyone feel valued. Recognize your best customers and most vocal supporters with a list. Keep in mind that as of right now, Twitter lists have a limit of 500 people. To say thank you to the people who have helped make CheapTweet succesful, we’ve made a list of CheapTweet Stores and a list of Etsy sellers with popular deals on CheapTweet and are working on more.

5. Local Friends.

Wherever your headquarters are, whether it’s a big city or a small town, make a list of some your area’s most interesting Twitterers. Include both businesses and people, and try to get a representative but diverse sample. Lists of local must-knows will be helpful for Twitter newbies and interesting to even the oldest Twitter veterans. A good list of local Twitterers could even attract new customers, as well as reciprocal listings. For example, we love the Austin American Statesman’s list of 50 people to follow in Austin, Texas (CheapTweet’s home base).

Twitters Lists are brand new and we’ve already seen a number of creative uses of this feature. What can you do with it?

In case you missed any of them, here’s a recap of some of the interesting links we’ve posted on Twitter recently.

The Texas Sales Tax Holiday is this weekend – 8/21 through 8/23.

DealTaker.com (who happens to have a CheapTweet Store) will be participating in the Avon Walk for Breast Cancer. Help them meet their $5,000 goal by donating here. Even $1 helps!

Here are some tips for saving money on supplies when back to school shopping from the Not Made of Money blog.

We announced a month-long partnership with Best Buy to help promote their back-to-school laptop and mobile phone programs. 

And speaking of Best Buy laptops, here are a few things to look for in a laptop for a college student. There are some laptop deals here if you’re in the market. 

Some ways to use Twitter to improve your shopping experience from @donreisinger at CNET.

It’s that time of year again. The time when kids (and their parents) get ready to head back to school. And this year, it’s a particularly tough time for many families. Belts are tighter, budgets are smaller, and people are trying harder than ever to save money on back to school shopping.

Through the month of August, we’re going to be running a number of special back-to-school promotions and partnering with a lot of great companies to bring you the best and biggest back-to-school savings we can find.

The first of these promotions is with Football Fanatics, one of our CheapTweet Stores. Football Fanatics is running a special back-to-school discount, just for CheapTweet users: get free 3-day shipping on orders over $75.  They have great deals on sports gear, so your kids can go back to school supporting their favorite teams. I love this girls replica Texas jersey, for example. Back to school time does coincide with the start of football season after all, which is especially important here in Texas.

We also have a special Back To School category on CheapTweet, where you can browse through all the school-related deals on our site. There are deals on everything your kids need, from clothing and fashion, to school and office supplies, to backpacks, gifts, sports equipment and much more. If you want the savings delivered straight to you, sign up for an RSS feed of back-to-school deals.

As always, we’ll also be tweeting lots of great deals to help you save money. So make sure you follow us on Twitter and get ready for the best deals we can find on back-t0-school items.

This week, we teamed up with Perpetual Kid to give away 20 $25 gift cards to PerpetualKid.com. Now that the contest is over, we’d like to congratulate the winners! Enjoy your gift cards, everyone.

The full list of winners:

@mch710
@melohyellow
@gratziella
@angiesmusings
@empalomo
@madisonsmixtape
@smittenbeauty
@one_of_three
@jaesdesign
@sarahspann
@silkdress
@lisalmg
@jensaysrarrr
@jktang
@mom2chunkymonky
@catnmouse
@thriftyjinxy
@condoblues
@moonrock
@bkitchman

Thank you to everyone who entered! And be sure to keep following both @CheapTweet and @Perpetual_Kid to get updates on fun new products and all the latest deals.

Yesterday there was an article in the Wall Street Journal about contests on Twitter, which is oddly well-timed, because we’ve been talking about this a lot in the CheapTweet offices lately. What’s the best kind of Twitter contest and more importantly, how effective are contests on Twitter?

The types of Twitter contests

Right now – and this changes quickly – there are four main types of the simple Twitter contest: sign-up forms, follower gathering, retweets, and hashtags. There are certainly others, but these seem to be the most popular at the moment.

Sign-up forms are a fairly old-school tactic that encourage people to sign up to be entered to win a prize. It’s a quick, easy way to build your contact list for newsletters and company mailings. People can be hesitant to enter email addresses or even Twitter names for fear of spam, so be clear why you’re collecting contact info and what you will do with it.

Follower gathering is a Twitter version of the traditional “when we reach X goal you win” promotion. In this case, participants are eligible to win when the target Twitter account reaches a certain number of followers. Followers are encouraged to tell their friends to follow the target account.  The more complex contests involve multiple goal tiers with increasingly valuable prizes.  Sometimes these can seem like blatant popularity contests, so think carefully with your wording of contest rules.

Retweets are one of the best forms of viral marketing on Twitter. They are fast and simple and they put your message in front of your followers’ followers.  The goal is to get your followers to promote your promotion for you. Everyone who retweets the promotional tweet is entered to win. The trick with this kind of contest is to make the promotional tweet as interesting, valuable and transparent as possible. People don’t want to spam their followers any more than you do.

Hashtags are another way you get your followers to promote your contest for you.  On Twitter, a hashtag is a hyperlinked keyword. Any word that starts with a pound sign (#) becomes a hashtag, which becomes a clickable link to all other mentions of that word. It’s instant advertising; if that hashtag shows up in someone’s Twitter stream, that person can click on it and see everything everyone else has said with that hashtag. If someone sees a particular hashtag often enough, they’re likely to use it themselves. This type of contest can work very well, as Moonfruit saw recently, if you allow users to tweet whatever they want as long as they use the hashtag. The catch here is that they might tweet negative or totally unrelated things with the hashtag.

What we’ve learned so far about Twitter contests

The Twitter contest is typically a fairly inexpensive and fast way to build awareness of a brand or Twitter account. Prizes don’t have to be expensive (though, like in any other contest, better prizes get better results), and these contests take minimal effort to oversee.

A good example of a recent successful Twitter contest is the #moonfruit promotion from early July; anyone who used the #moonfruit hashtag was entered to win.  At the height of the contest, the Moonfruit Twitter account (@moontweet) had more than 47,000 followers. Two weeks later, and they’re down to 33,000. That is still a huge number, considering they started with just about 400 followers.  Moonfruit gave away 10 Macbook Pro laptops to earn those numbers, which is a pretty hefty prize, but they’re reporting increases in site traffic and paying customers.

We’ve done several Twitter contests in partnership with CheapTweet sponsors, and they’ve worked well. We see increased traffic to CheapTweet.com and more Twitter followers. In fact, we like contests so much that we’re running one right now with Perpetual Kid (which happens to be one of our favorite websites, as well as a CheapTweet Store).  We try to only promote companies and products that we like and we hope our followers will like. And we try to space contests out; we don’t want to flood our stream with contests and giveaways. People like free stuff, but they don’t like incessant advertising in their Twitter streams.

Finally, we’ve learned how important it is to measure the impact of a Twitter contest. Be sure you’re tracking the tweets posted during the contest and analyzing other metrics after the contest is over. Of course we’re partial to TweetReach for Twitter measurement, but there are lots of tools you can use. Read this post on the TweetReach blog for more details about what to measure when for Twitter contests and parties.

So, do Twitter contests work?

The short answer is yes, they can work. The long answer is well, they kinda work, for a limited time. The even longer answer is they work well considering the time and effort it takes to run them, and are a great way to get some fast and often significant buzz on Twitter, but it can be short-lived.

I just don’t think the simple retweet or hashtag contests have much life left in them. My Twitter stream is filled with contests and promotions, which is fine for now. But I think we’re quickly reaching the saturation point for the kinds of contests we’ve seen so far. This is not to say the Twitter contest is dead, but they will have to change form to remain effective. It’s what we’ve seen for everything on Twitter so far – what works in the beginning is not going to work a few months later.

So, if you’re thinking about running a Twitter contest, do it now! There’s still plenty of opportunity to find new followers and expose your brand to a large, new audience. But as fast as things change on Twitter, I expect that the “retweet or use this hashtag this to win a prize” contest won’t be as alluring in a few months as it is now.

PerpetualKid.com and Cheaptweet.com have joined forces for a Gift Certificate Giveaway, exclusively on Twitter this week.

Win a $25 PerpetualKid.com gift certificate!  We’re giving away $25.00 gift certificates to 20 lucky winners who follow both @Perpetual_Kid and @CheapTweet on Twitter.

When: Starting today (Monday, 7/20/09) and ending at 12:00 p.m. EDT on Friday (7/24/09)
Where: Twitter – of course!
How: Follow these simple steps.

1. Follow both @Perpetual_Kid and @CheapTweet on Twitter
   
2. Tweet the following: “I entered the @Perpetual_Kid and @CheapTweet Midsummer Giveaway just by following them! http://bit.ly/QjFZr #PerpetualKid”
3. That’s it! You’re done!

On Friday (7/24/09), 20 winners will be chosen at random to receive their $25.00 gift certificate to PerpetualKid.com! Winners will be notified by Twitter, so keep checking your Twitter account on Friday. Good luck!