(First, sorry for my latency in posting of late. Was away with my wife Amie on the trip of a lifetime to NYC! Travels are over; getting back to business.)

One of the questions I'm getting A LOT is "What's up with Twitter?" and "How do I use Twitter for business?" Let me say at the outset it is an amazing app with manifold uses. Companies as large as Dell have created a business model around it and solo entrepreneurs (real estate agents included) are proving its case as another channel for business development.

It's my aim to answer the above questions, at least in part, by not only sharing my own thoughts, but providing links to others who've addressed these as well. It will take me far more than the 140 character limit Twitter allows. :-) In fact, this will be a multi-part series.

Let's start by attempting to define Twitter.

Wikipedia Definition

First, the wikipedia definition: Twitter is a free social networking and micro-blogging service that allows its users to send and read other users' updates (otherwise known as tweets), which are text-based posts of up to 140 characters in length.

OK, stop right there! What the heck is "micro-blogging?" While I don't know who cooked up the term, it's a suggestion that Twitter is a blogging tool, one limited to 140 characters. Hence, "micro" blogging.

Why 140 characters? Because the guys who dreamed up Twitter (Biz Stone and Evan Williams, the same guys who created Blogger) saw it as an SMS (text messaging) tool. In other words, it was first conceived as an application for mobile devices, but one with a web-based interface.

Even though it started that way, Twitter's user-base largely ignored the SMS side of things in favor of the web-based version. At one point, due to bandwidth and thru-put demands on Twitter's servers, SMS capabilities were actually shut off. Essentially, Twitter started out as one thing and became something else. (More on that in a moment.)

Better Definition

A better explanation was one given to me by a gentleman (whose name I don't recall) I met at a social media conference in Houston a few month back. He referred to Twitter as a "high latency instant messaging application."Huh?

Twitter is like Yahoo! Messenger or AIM or any number of instant messaging applications, only you aren't compelled to respond immediately, if at all. Hence the term, "high latency."

Best Definition

In my opinion, Twitter is best defined as a social instant messaging application. "Social" in that you friend others who then see your posts and follow them (the term in Twitterese is, in fact, "follow," though it means the same thing), and "instant messaging" in the sense that it has that feel to it.

What it really is is a conversation stream that you jump into at any given moment in time and start talking. Participation is the price of entry. (More on that in a later post.)

More from Wikipedia

"Updates are displayed on the user's profile page and delivered to other users who have signed up to receive them," says wikipedia. "The sender can restrict delivery to those in his or her circle of friends (delivery to everyone being the default). Users can receive updates via the Twitter website, SMS, RSS, email or through an application such as Twitterrific or Facebook."

Twitter's Evolution

As mentioned above, Twitter started out as a mobile application, but morphed to something that was largely web-based, thanks to its users. And, I mean, let's face it, if you're following a few hundred people, do you really want to get text messages from everyone of them? You can pick and choose who to receive such messages from of course, but even if you've limited it to a handful, if they're avid Twitter users, you're phone will still be dinging all the time. In my view, it's overkill. If you like the SMS component, that's fine, but I'd limit it to a select few.

Back to the evolution...

Speaking of the user-base, Twitter's founders have been fairly well-receptive to the way Twits (one term for Twitter users) are using the app. For example, at some point people started using the "@" symbol to address a single individual via their Twitter handle (e.g. @pchaney). It was a way to delineate that the message wasn't for everyone, but for that specific person.

It wasn't long until Twitter incorporated the activity as part of its functionality. Not only that, they added a direct messaging capability enabling users to send private messages to individual users.

That's enough for this post. I'll be back tomorrow soon with another talking about how to use Twitter, explaining proper "Twittiquette" and sharing the rules of the road.

In part 3 (yes, there will be a part 3 and a part 4; I told you it would take more than one post.) I plan to delve into some of the applications that have developed around Twitter thanks to its API (A geeky acronym which stands for Application Programming Interface. It's a way for one application to be used by or integrated into another.)

Part 4 is where the water really meets the road in terms of how to use Twitter for business. I'll provide some practical, real life examples, including some from fellow agents. Look for that early next week.

 
Post is included in group: Social Media Marketing
Post is included in group: Technology
Post is included in group: Twitter
Post is included in group: WEB 2.0 Marketing on Steroids for Real Estate

65 Comments on Twitter for Business: How Does It Work and What's the Value? Part 1

NOV
12
2008

Thank you for sharing.  I have been hearing a lot about Twitter and finally signed up yesterday.  I have a whopping three followers but I haven't played with it yet so I am sure a lot of my friends are on Twitter already.  I will be back for part 2, 3, 4...I need some Twitter knowledge.  =)

6:55am • #1
168,988 Points Outside Blog Hit Router

Great post - Now I understand why people use it. I've seen a lot of blogs on it but your definition is best - thanks

6:57am • #2
234,436 Points 27 Featured Posts Localism Sponsor Outside Blog Hit Router

Paul,

Im enjoying the use of Twitter.  It is a different application so really appreciate this post in terms of the background and will look foward to you future posts to get more acclaimated with the service.  Glad we subscribed to your blog !  ~ Chris

7:05am • #3
136,959 Points 11 Featured Posts Localism Sponsor Outside Blog Hit Router

Paul...first....glad you had a great trip to NYC! I've not had my yearly dose this year unfortunately. Everytime I go there, it seems to re-charge me and get me back on track! Hmmmm...maybe I SHOULD figure out how to go! Use to work there as well, so really got to know the city...you ought to try driving there.....wheeeeee!

Thanks for your insights with Twitter. It's not a big thing yet in ATL, and as such, I'm just following (or being followed) by lots of real estate people. I'm still trying to wrap my hands around getting my blog posts up there, etc. What a learning curve!

7:12am • #4
113,648 Points 7 Featured Posts Localism Sponsor

Hi Paul - I'm looking forward to your in-depth explanation of Twitter.  Although I'm currently using it already, you knever know what you don't know until someone tells you! (And thanks again for the gentle Twittiquette nudge yesterday. Much appreciated!)

~Renae

7:26am • #5
1 Featured Post

Paul- I came here from your recent tweet. A very nice introduction. I am impatiently waiting for the "good stuff" in part 4. (I also recommend www.twitips.com for those new to the twitterverse.)

@geordieromer

Correction - that's www.twitip.com

7:27am • #6
23 Featured Posts

Thanks for the comments. Keep those cards and letters coming folks!I know you're anxious for me to get to part 4, but I feel it's best if I try and lay some groundwork first, so please bear with me.

7:48am • #7

Great foundation Paul. Accurate, coherent appraisal of Twitter. 

 

I pateintly look forward to your continuing coverage.

Okay, long enough, where's the next installment? ;)

 

Thanks,

Ed

@NextInstinct

 

Ed
7:55am • #8
344,610 Points 3 Featured Posts Outside Blog

I will stay tuned...I am twittered not sure how "tweet it is" just yet !

7:56am • #9
1 Featured Post

I'll be following your posts.  I am not quite sure how to use Twitter in my business.  I'm a bit baffled by it. ~ Evelyn

8:03am • #10

I am looking forward to seeing how to use Twitter.  One of my clients is using it so he is ahead of me.  Now that I am back to blogging for myself, it looks like I should be using it.

8:06am • #11
574,393 Points 95 Featured Posts Localism Sponsor Outside Blog Hit Router
  1. Paul, I remember you twitted something one day on twitter and I went to the link, it was on the next application or an enhanced one, sorta like netscape. That twit has been embedded in me as there is always a way to enhance any application. It will be interesting to see how all this progresses.
8:07am • #12
Outside Blog

Great info... I will follow your posts.  Thank you for making it simple to understand!

8:10am • #13

Paul... Thanks! I am twittered but still don't get it. It seems like a lot of updating and not much substance... Maybe I need to take a second (or third) look at it!

Orlando Title Company

8:23am • #14
1 Featured Post Outside Blog

Twitter is a great way to meet people in business.  Just the other day I followed someone who I read about and wanted to meet.  Then I wrote a twit and @their name and wouldn't you know it we have a call set up to discuss a business opportunity. 

 

9:04am • #15
358,703 Points 16 Featured Posts Outside Blog

Paul - I have finally figured out (somewhat) Twitter. Steepest learning curve I have encountered. Thank goodness that is in the past. I agree about twitips as mentioned above. I have it e-mailed to me daily. Great tips. I am starting to learn the do's and dont's as we are following and being followed. If you are there you - lets tweet :) @kennarealestate ~Rita

9:38am • #16

Hi Paul,

A lot of people have told me about Twitter but I never took the time to check it out.  Like your post and am looking forward to your new information on it.  Will check back tomorrow.

 

10:05am • #17
Localism Sponsor Hit Router

  Thanks for the post I am always trying to explain it to people how it works now I will just send them to this. I will be back tomorrow bright eyed and bushy tailed. : )

 

10:18am • #18

Hi Paul,  I became tweeterized recently and am still learning.  Thanks for your informative post!  I look forward to reading the other parts soon. 

10:27am • #19
101,429 Points 2 Featured Posts Hit Router

Nice work Paul.  I've emailed this to myself as Twitter is my next big focus.  ;)

11:12am • #20
656,354 Points 108 Featured Posts Localism Sponsor Outside Blog

As I mentioned during the Houston Barcamp, I have had success with Twitter in obtaining real leads.  It's worth checking out!  I have been much more active there over the past two months or so, and I am developing real relationships.

11:13am • #21
23 Featured Posts

@melissa - I'll do my best to help reveal Twitter's mysteries. :-)

@kenna - Thanks for the tip about twitips.

@jason & @josef - Thanks for the validation that this does work.

@everyone else - Thanks for the comments. Keep em coming.

11:42am • #22
4 Featured Posts

Hi Paul - Nice work on the post.  Glad that I wasn't the only one behind in posting ideas from the REBarCamp in Houston!  I did post some thoughts of my own this week (but I think your post it better!).

12:15pm • #23
237,616 Points 56 Featured Posts Localism Sponsor Outside Blog

Paul, try to be as simple minded as possible when you do your next post about twitter. There are those of us that need this explained in the most simplistic way as possible. I can't wait to read the next article.

Thanks for taking this on.

12:47pm • #24
23 Featured Posts

@Gena - Simple-minded is noooo problem. That's about as much as I can conjure up on a good day. But, I hear ya and promise to make it as palatable as possible.

12:53pm • #25
2 Featured Posts

Paul, I am looking forward to finding out how to better apply Twitter to business. Thanks for opening the door for me on this experience, I can't wait for the next post.

1:01pm • #26
4 Featured Posts Localism Sponsor

I don't know about anyone else's experiences with Twitter; however, I received one new client and a writing gig as a result of my tweets...I have slacked off horribly...going over to update now and check out my new followers.  Thanks for the reminder.

1:01pm • #27
535,325 Points 35 Featured Posts Localism Sponsor Outside Blog

@pchaney - Nice start for the series. As more agents get involved with Twitter, we keep finding more and more uses for it. You might also want to add this post to the Twitter group.

1:02pm • #28
111,928 Points 3 Featured Posts Localism Sponsor

Good post, Paul.  I signed up for Twitter since I read so much about it.  Only I agree with your article - WHAT DO YOU DO WITH IT?  I am anxiously awaiting your continued Twitter posts.

4:07pm • #29
199,700 Points 6 Featured Posts Localism Sponsor Outside Blog

I have been participating and meeting new people on Twitter, and I like it. It is a another social platform to meet and network with others!

7:07pm • #31
134,240 Points 8 Featured Posts Outside Blog

Hi Paul,

Thanks for posting this, I recently joined. I'm still trying to understand how my business can benefit from Twitter. I'm looking forward to reading your series! :)

9:08pm • #32
232,202 Points 9 Featured Posts Localism Sponsor Outside Blog

Thanks.... I still have no clue what this is after reading numerous blogs about it.  Thought I knew a bit about computers....helped create our website....but have no clue how to use Twitter to help my biz.....

10:44pm • #33
207,764 Points 6 Featured Posts Localism Sponsor

Paul - this is a great explanation of Twitter. You explained what the @--- means. Thanks! Heading straight for twitips.

10:46pm • #34
174,882 Points 4 Featured Posts Outside Blog

Paul - Very nice and detailed information.  I don't think I have read a post that explains Twitter any better.  Perhaps thats why you received the 'Featured Star'.  Im new to twitter (only a few weeks) and I am just now learning the strength.  Im still learning and look forward to growing within twitter and other social networks.

11:42pm • #35
NOV
13
2008
3 Featured Posts Localism Sponsor

I've been able to keep up with 99% of the new technology and avenues for online networking, but Twitter is still a mystery for me.  Your description was very good, so I'm looking forward to v2, 3 and 4.

On your next Twitter post, what do you think about giving a few examples of good Twitter material - or Tweets?  I think I'm just not sure what blog about in 140 characters or less.

Thank you!

12:52am • #36
Outside Blog

How do you get active rain posts to go directly to tweitter.  I was told there was a way....

6:08am • #37
196,272 Points 12 Featured Posts Outside Blog

I love how part 4 is the meaty part :-) Good thinking. Good read though so far so keep it up. 

9:00am • #38
2 Featured Posts Localism Sponsor

I keep picking up a bit more info each time. Guess I better figure out how to actucally send a tweet!

9:17am • #39

great explanation of twitter...I'm new and learning...so these articles are great...

1:40pm • #40
Localism Sponsor Outside Blog Hit Router

Hi Paul

Thanks for the explanation. I signed up and have a few followers but still not sure how it helps business. What exactly should be discussed on Twitter?

Thanks

Rich

Charlotte NC

4:38pm • #41
535,227 Points 45 Featured Posts Outside Blog

Paul - I'm looking forward to your other posts in this series. I need to get up to speed on the social networks.

6:06pm • #42
NOV
14
2008
115,802 Points Hit Router

I just joined.  I will be watching for people to follow and see what happens.

7:21am • #43
294,636 Points 100 Featured Posts Localism Sponsor Outside Blog

Excellent post Paul.  I'm looking forward to reading your other entries on this series. Thanks.

10:51am • #44
NOV
15
2008
23 Featured Posts

The second part of the Twitter series is up for those of you following. Enjoy!

6:13pm • #45
NOV
17
2008

Thanks for the info! Very useful. Interested in the next few posts as well.

Joe Sasser
8:53am • #46

Great post please send me part 4.  I am already using it on my home page http://WWW.NHHomeMarket.com.  Great way for fresh and relevent content to be added for website enhancement.

"If it is your home, In your Home, or around your Home, it is going to be in here!"

Http://www.nhhomemarket.com

Follow this TWIT on Twitter

http://twitter.com/NH_RealEstate

Dave Hall Twit handle is http://twitter.com/NH_RealEstate
9:40am • #47
112,995 Points 5 Featured Posts

Thanks for the info Paul, but is there a "twitter for dummies" version?  I still don't know how to start. Help!

9:44am • #48
Localism Sponsor Hit Router

I am new to Twitter and I am learning my way around.  Thanks for the initial points!

9:48am • #49
Outside Blog

Paul

Thanks for this info re:Twitter. I am a "Twit"  and got a bit involved, but you clarified its purpose for me. I am eagerly awaiting your explanations re: its application for the R.E. business.

10:03am • #50
419,303 Points 2 Featured Posts Localism Sponsor Outside Blog

Thanks for all the Twitter information. I signed up a long time ago and couldn't quite figure out what to do with it.

10:06am • #51

I don't really know what the heck it is good for either.  Try setting up your twitter on your website.  My I.T. guy did it for me. 

 

Content, content, content!!!!!!!!!!!!!!!!!!!!!!!!!!!

http://twitter.com/NH_RealEstate

http://NHHomeMarket.com

 

Giddy Up, Fellow Twits!!!!

David Hall
10:28am • #53

Thanks for the details Paul.  I'll be anxiously awaiting the next blog parts on using Twitter.  I signed up for an account a while back but had no idea what to do with it.  I'm on MySpace, Facebook and Linked in and that alone is alot to keep up with.  Alot of people are talking about Twitter so getting ideas from people who use it is invaluable.

Stacie Robbins, Realtor Associate

http://www.OwnMammoth.com

12:20pm • #54

Thanks for sharing this info, I'm new to Twitter and am still trying to figure out how it could benefit me with networking so I'm looking forward to the upcoming posts.

jordan iverson
www.IversonSignatureHomes.com

 

2:44pm • #55

Looking forward to the next part in the series.

Kevin

2:45pm • #56

Paul,

Thank you for sharing, I have heard about Twitter alot but was not really comfortable with it. I look forward to your future posts regarding Twitter.

Cathy

6:50pm • #57
4 Featured Posts

Paul,

It is a blessing when people like you share like this.  I appreciate the detail you have provided and look forward to reading your future posts regarding Twitter.  This is great information.

7:30pm • #58
Outside Blog

Paul

I agree with Jodi. I just figured out Facebook....!

7:35pm • #59
153,182 Points 2 Featured Posts Outside Blog

Patiently waiting for part 4 because Twitter would blow up your phone phone from all the Txt tweets....

Been on twitter for a while and much like linked in... seems like a LOT of time for a very little in return.  Who knows maybe i will grow on me.

11:43pm • #60
NOV
18
2008

Thank you so much for this post and those to follow as I am interested in learning about Twitter but really was not sure where to start!  I will be back for you additional posts!  You have a follower! Thanks!!

Ginger Walker
8:37am • #61
NOV
19
2008

good stuff. I could use a refresher course of this subject.

6:26am • #62

Hi Paul,

Great description ... thank you for taking the time to put this together.  I too love the term "micro-blogging."  Although I consider myself to be tech literate ... this stuff seems to be happening quicker than I can keep up ...

Best regards,
Mike

10:32pm • #63
FEB
02

I am on a quest this week for all things twitter... thus found you through one of your later blogs, so going through the series.  I am excited to have found this series. Thanks, Paul!

8:47am • #64
MAR
14

You are good at explaining Twitter..

George, Red Soil Real Estate Inc.

PEI, Canada

12:02pm • #65

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Paul Chaney

Lafayette, LA

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Social Media Handyman

Address: 305 Halcott Dr., #127, Lafayette, LA, 70503

Office Phone: (337) 216-4423

Cell Phone: (337) 804-2081

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Tips, ideas and honest advice about how to use social media as a marketing tool gleaned from industry veteran and thought-leader Paul Chaney.


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