In October of 2015, Twitter introduced a new feature for publishers and selected partners. The feature is called Moments and it allows users to stitch together multiple tweets into a slideshow, similar to a Snapchat story. If you are not familiar with this feature, there’s a good short video by Twitter explaining the feature.
Twitter’s Moment feature allowed publishers and influencers to clearly tell stories that would not be possible using normal tweets. Well, now the company is also allowing publishers to sponsor their Moments. According to a blog post published on Twitter’s blog,
More people are consuming Twitter Moments than ever before, including Moment created by top publishers in sports, entertainment, and news. With that brings new premium inventory for advertisers and today, we are pleased to share a new In-Stream Sponsorships feature, sponsored Moments.
The post further explains that now advertisers can partner with premium content partners who already have a huge social following and reach audiences they could not have before. Brands can partner with content creators who can sponsor their Moments using a branded cover for their Moments, the post explained,
Sponsored Moments include interstitial Tweets from the brand as well as a branded cover. Similar to other In-Stream Sponsorships, advertisers can promote the Moment to their specific target audience, expanding reach beyond the content partner’s existing followers.
Twitter has already started working with publishers and brands and their first sponsored Moment is already live with the partnership between Bloomberg and Bank of America,
Marking this partnership, Meena Thiruvengadam, who is the Global Head of Audience Development at Bloomberg Media, wrote,
Twitter Moments offers a unique way to curate our content around key storylines and events in a way readers can best understand the most important stories unfolding around them. At Bloomberg, we’re always experimenting with new ways to present our content to better engage with new audiences while creating premium content that advertisers want to align with.
It seems like a good initiative from Twitter, but its success depends on whether brands and influencers take this opportunity or not. It’s no secret that Twitter is struggling to keep its finances in check, and personally, I don’t see sponsored Moments to be the thing that can solve their problem, however, it might be a good first step.