Now what I’m writing on this post is extremely controversial. Twitter grows ten fold in the last year and it’s growing. You can see GigaTweets to see the actual amount of tweets all around the world and it’s a 10 figure number!
On the last post I described how to become an active twitterer with some cool tools; on this post I’m going to tell you how to make money with your twitter account.
Making money with twitter platform is a new concept and most people don’t like it. I believe making money with a micro blog is similar to the way we make money with our blogs. If it’s fair to make money with a blog, then making money with your twitter account is also fair. Now lets see how we can make money with twitter,
TwittAd
I think TwittAd is the first service that offered twitter monetization. With this platform you can sell your twitter account background. Advertisers will buy your background space and place their brand and you’ll get paid -this is the main concept.
When I looked into their “current listings” and “recently sold” section, I learned that you have to need a lot of followers to earn with this service. With this info you’ll know how much you can make with your twitter background.
Most of the twitterers sell their spot for a week and you won’t get $5 if you have less than 500 followers, that’s a really bad thing. On the other hand selling your twitter background is really bad for your business/ blog. If you use your background to show your own info, then I think it will benefit you more than $5 a week! TwittAd pays via PayPal when the account reaches $20.
Be-a-magpie
Most people compared Be-a-magpie as the PayPerPost of micro blogging. Yes with this service, you can post paid tweets. I loved this twitter monetization system and it’s almost a perfect one. From the start page, you can add your twitter user name and they will calculate how much you can earn per month. They said I can earn €11 per month with my tweets. That’s really great for doing what I do everyday.
They will match your twitter updates to show relevant tweets. You can set the ratio to 3, 5 or 10 tweets per ad. I showed 4 tweets so far and my account balance is €1.39. They will pay you via PayPal when your account will reach €50, you can also transfer this fund to your magpie advertiser account.
AdCause
AdCause is a new service and they also show paid tweets but their concept is focused on flat rate tweets. You create an ad spot. For an example, you’ll show 5 tweets per ad for 1 month and set your price $10. If the advertisers like the offer, they will buy the ad from you. Your account will then publish automated tweet ads. I think this is the unique way to make your followers unfollow you, because the ads will be the same and you don’t know how often they might spam your account with ads!
TwitterHat
TwitterHat has a basic concept of using twitter for profit. What they offer is the way to advertise on twitter links, using a top banner ad. We all post links on twitter right? After signing up, you’ll have to create a tinyurl type of url from them each time you want to post a link. When your followers will click on the link to see the page, they will also see a banner ad on the top like this one,
Each banner will earn you one point. You’ll earn gift cards for points like,
- 1000 points = $10 gift card
- 2000 points = $20 gift card
- 3000 points = $25 gift card
-a big time waster, I don’t have the time to play with my twitter account, do you?
The Branch Network
TheBranch is not a site to make money for twitteres. This site is focused for advertisers who want’s to advertise on twitter. They are connecting with all major twitter service and clients to show ads on them. Who knows, may be there’s a hope for twitteres to earn money with your tweets!
What can we learn here?
No matter how hard you try to make money with twitter it’s not enough to depend on it. If you monetize your twitter account, then it’s just another source to earn some extra money online. There’s a reason why I created this post about money making in twitter. Now there are only a few sites but within the end of the year there will be plenty of them, this indicates that twitter is a very profitable source.
Just take a look at your twitter profile and try to think what a great asset you’re ignoring! The best way to use twitter for profit is to use it for your own brand and business building. Twitter is the unique way to send your message in 140 characters to your followers around the word; on their pc, apps or on their mobile device. With this article, I’m ending this series but there will be more! Stay updated and Grab the RSS feed to get it first.
Have your say
- Do you agree or disagree with twitter monetization?
- Did you enjoy the twitter series?
- How much you twitter?
Please do follow me on twitter, @tamalanwar and promote this article by using the share/save button!
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{ 16 comments… read them below or add one }
Very nice post!!!
moolfs’s latest blog post..Chocolate Fountain
I have heard of Twitad, but I haven’t seen any of the others.
Good research.
Geoserv’s latest blog post..Pliggs Roundup
@Geoserv: The interesting bit is, that the service is called “Twittad” (two T’s) when I mistakenly wen to twitad.com, it then bring me to AdCause. An evil strategy for getting visitors.
tamal, your latest twitter post for this article links to the second part instead of the last one
beamagpie looks very interesting. Now if only 500 people would start following me :)
@krjx: thanks for correcting me. It must be a mistake while I tweeted. Be-a-magpie doesn’t needs at least 500 followers. You can earn a share with any amount of followers. But the more is better.
If I can make a dollar twitting I am happy.
Geoserv’s latest blog post..Add Twitter to Pligg
It’s certainly something to think about for Twitter users with thousands of followers. :)
~ Kristi
Kikolani | Poetry, Photography, Blogging’s latest blog post..Living a Healthy Lifestyle
Some nice tools, i’ll definately look into be a magpie so cheers for the heads up :)
Magpie seem to be promising, the last time I check with magpie, I should be getting around Euro14.95 per month. Maybe I should look into it.
I just released a new Twitter ad network called FeaturedUsers. It provides a way for Twitter app developers to make money and for Twitter users to get more followers. It’s kinda’ like The Branch Network above, but instead of standard banners, it display’s “featured” Twitter users.
I hope you’ll check it out. http://FeaturedUsers.com.
This is an outstanding blog – I have bookmarked and subscribed and plan to return often. Good job!
The idea about monetizing twiter accounts sounds good, but I am afraid that if more and more users will do this, they (twitter founders) can start add rules…
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I don’t know with your information about twittad, I always check the price in http://www.whatsyourtweetworth.com/ and your information seems wrong. Please give me more information
i need to know what is tweet points. what is the benefit of tweet points.
TweetPoints is a factor in TwitThis service; the more you use the TwitThis service and URL shortening service, the more points you get and more promotion for your twitter profile ~to get more followers over time.