I have been making money
with Twitter over the past
month, and it is so easy!
There are several Twitter
services that you can use, if
you have a Twitter account.
Basically, advertisers will
pay you for "tweets" that
you send out, on a per
click, per lead, or per sale
basis. Its free and earning
the minimum payout does
not take long if you
actively use Twitter. If you
are a business owner, you
can run ads through
Twitter services, too.
I've read several blog post
comments on the idea of
making money with
Twitter. I was actually
surprised by the assertions
by some that they would
"un-follow" people that
put ads on their Twitter
stream, or in their Twitter
background.
Let's be honest. Most of
the tweets you read
concern people's own blog
posts or promotion of their
own websites. The best
Twitterers are the ones that
promote other people's
posts by "re-tweeting," or
simply by taking a story
from Digg, Mixx or
StumbleUpon and posting
it in their stream. As I
pointed out in Social Media
Success With Twitter
, you will not get (or keep)
many followers if you
simply spam with your own
submissions. Be a friend
and you'll get more friends.
So, back to the idea of
using other platforms to
earn money with Twitter.
There are two main sources
that are available to both
publishers (the people
Tweeting) and advertisers.
Magpie and Twittad.
The application with which
I've had the most success so
far is Magpie. Earnings are
tracked in Euros. Once you
reach €50.00, simply
provide your PayPal
information to Magpie, and
you get about $67 USD! I'm
only €10.00 away from
payout.
You set your own standards
with Magpie. I decided to
have the site contact me
with suggested
advertisements before
running them through my
Twitter account. That gives
me the ability to approve
or deny them. You also set
how frequently you want
ads to appear in your
Twitter Stream (i.e., one
every 5 tweets, or perhaps
one every 50 tweets). Its up
to you. Your account
settings can be changed at
anytime.
You may also promote
Magpie with your own
account information; any
advertisers that sign up
through your tweet will
give you a big 30%
commission for the entire
first year advertisements
are purchased through
Magpie.
The advertising "tweets"
appear automatically and
are written in a style that
appears to many people to
just be another post in
your stream. In a casual,
conversational manner, the
advertisement might say
something like:
This is a great cost
effective solution for
anyone marketing pet
products online,
with a link to the website.
How Magpie works
Twittad
TwittAd is a bit different
than Magpie, but still is a
way for publishers (that's
probably you) to make
money. Again, advertisers
can also get the word out
through your Twitter
account, which helps drive
their business as well. Even
more exciting is that you
can actually list your
Twitter account for sale
through TwittAd.
But I don't know what my
profile is worth, you might
say. No worries, TwittAd
can help you there:
We have calculated
your potential worth
on Twitter to be
$ 151.16 from
www.whatsyourtweetw
orth.com
If you don't want to sell
your profile, let's get back
to advertising. The way
TwittAd works is that it
looks at the number of
your followers, the number
of tweets you publish per
day and then decides
whether and what may be
advertised on your Twitter
background. You get 48
hours to accept or deny.
Money is earned for every
hour the promotion is
displayed on your Twitter
account. In addition:
Twittad´s newest
feature allows you to
search for available
Advertiser campaigns
based on what
interests you. For
example, if you are a
small business owner
on Twitter you can
advertise a product
that interests you, and
get paid to do it!
TwittAd, like Magpie, is
free. Just sign up and
browse around to see what
you think. You don't ever
have to accept an
advertisement. There's no
downside.
Another way to earn
money through Twitter is
to sign up (again free) at
Bukisa. The above video
describes the process. I'll be
honest and say that I
haven't submitted any
content yet, but it looks
promising. Basically, you
publish content, build a
network and earn royalties
when people view your
pages. You only need to
reach $10 in your account
to request payout through
PayPal. You can decide
whether your submissions
can be used by other
people through Creative
Commons, too.
The Twitter advantage is
that you can add your
Twitter account to your
Bukisa account and
automatic tweets will go
out when you publish new
content, comment, or rate
others.
With my personal accounts,
I stand to make about $
75-100 a month using
Twitter-related services, on
top of Adsense earnings
through HubPages and my
personal blogs. The best
part is that it takes little
effort on your part.
What do you think? Do you
want to earn money using
Twitter? What do you think
about those that do?
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