Twitter to Unveil Promoted Accounts
Brands seeking to gain Twitter followers can now buy their way towards a higher follow count. A new product, Promoted Accounts, will be announced tomorrow by Twitter COO Dick Costello at the IAB MIXX Conference according to All Things Digital.
The offering will allow brands to buy placement in the Who to Follow section of Twitter.com. With brands beginning the recognize the benefits of a Twitter presence, the offering should be attractive to marketers and bring some much needed revenue to Twitter.
Promoted Accounts will be targeted to specific Twitter users based on the same algorithm that determines the placement of Promoted Tweets. Reports are circulation Promoted Accounts will sell for upwards of $100,000. More details will surely follow after tomorrow's announcement. The session is scheduled for 10:10 AM.