Following the news earlier this week that Twitter users can now add Amazon products to their shopping list by tweeting #AmazonCart, we took a look at what this might mean.
Zoe Cox, social media account director, Manning Gottlieb OMD
Facilitating social shopping in the moment and monetising Twitter content offers an exciting and potentially lucrative future revenue stream for retailers and Twitter alike. The process is a bit clunky – consumers still have to visit Amazon to pay for their items which raises questions about conversion rates. Given that many shoppers are already nervous about the possibilities of security breaches through using linked accounts it is unlikely that we’ll see widespread adoption for now.Paying with a tweet isn’t new. Amex launched their pay with a tweet in February last year. Although it hasn’t had a huge take up with consumers what it has done is allow Amex to be seen as an innovator in the social commerce space. The new Amazon Twitter partnership ensures Amazon remains a heavy weight in e-commerce and brings consumers the products they want within social channels. Both the consumer and the brands are set to benefit from this collaboration through improved relevance based on data.Andrew Darling, director of global marketing, TBG
The most obvious feature of #AmazonCart, at least initially, is probably to make brands' sponsored Tweets more actionable. It's a great way of making these tweets more accountable for brands because a user's purchase intent, and where they first saw a product, can be neatly tied together. By enabling a form of tracking to link exposure to Tweets to purchases on e-commerce sites, Twitter is able to demonstrate the link between product discovery and sales, at least on Amazon.People use Twitter to connect with the things they are interested in—but they aren't always in buying mode. So any commerce innovation is unlikely to compete with Google's ability to drive sales. However, more direct response dollars are definitely one area that will help drive Twitter revenue in the future. To create more solutions for the valuable set of commerce-based advertisers seems like a smart move.David McDermott, performance director, 7thingsmedia






