Why can’t Facebook and Twitter say the A-word?
Whatâ€™s the most uncool word in social media?
Just look at the pains the top social networking companies take to avoid uttering the dreaded term.
Twitter started the trend when it rolled out its advertising products in 2010, which it dubbed â€śpromoted Tweets.â€ť Chief Executive Dick Costolo (who was COO at the time) insisted that the marketing pitches coming to Twitter were not ads at all â€“ they were simply standard Twitter messages that companies could pay to promote.
Now Facebook, which derived 85 percent of its revenue from advertising last year, has developed a similar aversion to the A word.
At a splashy marketing event in New York on Wednesday, the company introduced a new ad format that will allow big brand marketers to push information directly into usersâ€™ newsfeeds and onto other prominent on-screen real-estate. The word â€śadvertisingâ€ť was conspicuously absent from the somewhat vague name of the new ad format: â€śPremium on Facebook.â€ť
Facebook executive Mike Hoefflinger (pictured, right)Â even delivered a whole on-stage spiel about why Facebookâ€™s new ads were in fact not ads, but â€śstories.â€ť
â€śAds come from anyone at anytime, stories come from people and things youâ€™re connected to,â€ť he said. â€śAds get shared once a year at the Super Bowl. Lots and lots of little stories get shared on Facebook all the time.â€ť
Is this penchant for euphemisms a sign that the Webâ€™s new businesses are in denial about their actual businesses? Or is it indication that these companies are once again ahead of the cultural zeitgeist?
Perhaps other industries will soon follow the lead of Facebook and Twitter.
For example landlords could start charging tenants monthly mortgage supplementary enhancements while gasoline companies could offer drivers “transportation narratives” at the pump.