7 Reasons Why Threads is a Genuine Existential Threat to Twitter
CEO branding expert cites why Threads is uniquely well-positioned for dominance
With the new Threads social media platform on the rise—destined to reshape how we communicate, promote brands and engage with each other—an exciting new era is underway. According to Threads early adopter and internationally-regarded CEO brand strategist Raoul Davis, CEO of Ascendant Group Branding, a leading global CEO branding firm and No. 1-ranked minority-owned U.S. PR firm, “Among the launch of numerous social media platforms over the years, none have been as strategically positioned for success as Threads.”
Here are Davis’ seven reasons why:
1. The Perfect Storm for Threads
Amid the constant changes on Twitter, Elon Musk's tumultuous leadership and Mark Zuckerberg's decision to open Threads without waiting for potential bugs to be eliminated and a simplified sign-up process, Threads emerged. Its explosive growth of 75 million users in just the first four days, and with sustained user signups in droves now over 100 million, can be attributed to a perfect storm of events leading to a considerable shift in the social media landscape.
2. An Open Platform for All
Threads triumphed by making their platform accessible to all, contrasting the invite-only approach of Spills and BlueSky. This strategic move not only attracted the masses, but also allowed Threads to overtake their competitors, who mistakenly replicated Clubhouse's model that thrived on exclusivity and a unique, voice-based interaction format during the pandemic.
3. The Better Alternative
Despite the flak Zuckerberg has taken over the years, it's clear that he benefits from being compared with Musk. As Threads rises, it seems Zuckerberg is seen as the more favorable alternative between the two by the public, particularly beneficial for CEO, personal and company brands seeking a more stable and predictable platform.
4. A Breath of Fresh Air
Threads brings a refreshing air of positivity, offering users a fresh start away from the negativity often associated with platforms like Twitter and Facebook. This positive atmosphere is particularly beneficial for both CEO and personal brands that thrive in a constructive, engaging environment.
5. A Smooth Transition from Instagram
Threads' smart move of allowing users to sign up with their Instagram accounts and inherit their follower base has eased the transition for many users. This user-friendly approach gives Threads a significant advantage in quickly establishing an active and engaged user base.
6. Marketplace Readiness to Embrace the Early Adopter Mentality
Most users missed the initial surge of platforms like Instagram, Twitter and TikTok. However, Threads offers a new chance for users to get on board early and capitalize on the platform's growth. This opportunity is especially crucial for brands wanting to establish themselves as thought leaders and influencers.
7. An Alternative for Facebook's Aging User Base
With Facebook losing popularity among younger users, Threads appears to be a timely alternative. While the threat to Twitter has been a central talking point, it's important to note the strategic advantage for Zuckerberg to create a fresh alternative to capture the fading interest from Facebook's aging user base.
Now just a short period post-launch, Threads has attracted over 100 million users as Twitter traffic “tanks,” demonstrating a remarkably strong start and marking its true potential as a “Twitter killer.” However, the real challenge lies with sustaining long-term user engagement, as well as addressing issues that have caused users to sour on other platforms such as spam, harassment and false claims. As it stands, Threads offers a promising alternative for CEO and other C-Suite, personal and corporate brands as well as every day social users seeking a fresh start and an exciting new platform for engagement.
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Merilee Kern, MBA is an internationally-regarded brand strategist and analyst who reports on noteworthy industry change makers, movers, shakers and innovators across all B2B and B2C categories. This includes field experts and thought leaders, brands, products, services, destinations and events. Merilee is Founder, Executive Editor and Producer of “The Luxe List” as well as Host of the “Savvy Ventures” business TV show that airs nationally on FOX Business TV and Bloomberg TV and the “Savvy Living” lifestyle TV show that airs in New York, Los Angeles, San Francisco, Miami, Atlanta and other major markets on CBS, FOX and other top networks. Merilee also hosts the Savvy Ventures Podcast & Radio show available globally on W4CY Radio—the #1 ranked live streaming radio station—among others as well as all major podcast platforms, including Pandora, Audible, Spotify, Amazon Music, Apple Podcasts, Streamyard, iHeart Radio and dozens more. As a prolific business and consumer trends, lifestyle and leisure industry voice of authority and tastemaker, she keeps her finger on the pulse of the marketplace in search of new and innovative must-haves and exemplary experiences at all price points, from the affordable to the extreme—also delving into the minds behind the brands. Her work reaches multi-millions worldwide via broadcast TV (her own shows and copious others on which she appears) as well as a myriad of print and online publications. Connect with her at www.TheLuxeList.com and www.SavvyLiving.tv / Instagram www.Instagram.com/MerileeKern / Twitter www.Twitter.com/MerileeKern / Facebook www.Facebook.com/MerileeKernOfficial / LinkedIN www.LinkedIn.com/in/MerileeKern.