3 Twitter Monetization Models to Make Money with Twitter
This is a Guest Post by Vishal Sanjay of DumbLittleBlogger.
Twitter is one of the places online which receive the most buzz, they say over 17 million users register with Twitter every month and as usual these kinds of sites become a promotional tools for marketers. There are many web and non – web companies promoting themselves on Twitter, some of them include Dell, CNN and Wall Street Journal.
Many people are trying to the buzz of Twitter and this race has given birth to many third party Twitter apps for doing so. They say Dell makes 4 sales every minute using Twitter and it is true.
I started using Twitter like 4 months ago and I’ve already got plenty of followers and upto 10 – 20 people read every tweet I make. Now, the question is, how can this buzz help you to fill up your pockets?
This guide will give you different models of monetization with their advantages and disadvantages.
Direct advertising
If you are a famous person or own a well known business you can sell your followership to internet marketers. Recently Darren Rowse, started Pay-Per-Tweet advertising and he sells it all on his own. For doing this you’ll need a good reputation and a followership. There are rare chances of advertisers contacting you through Twitter, so you may have to create a blog for selling your services.
You should choose the prices according to your followers and their readership rate as up to 50% of your followers can be spammers. I’d advice you start of with as low as $0.01 a tweet, as this can bring you awareness and a firm platform. Do not Tweet out only advertisements as this may cause you to loose advertisers.
Affiliate marketing
This is the easiest and the most efficient way of monetizeing your account, as affiliate click through rates are high on Twitter. This is the idea which everyone is looking into as if you are not a well known personalty finding advertisers can be tough. Finding affiliate programs are easy and almost every product or service has a payout of up to 20% – 60%. For getting good results their are some factors to consider,
- Cloaking affiliate links – Your followers should not know that what you just tweeted is an affiliate link, cloak your URLs with URL shorteners.
- Creating landing pages - If you give a lin directly to your affiliates site then there will be click throughs but no one would buy or sign up for anything. Create a landing page describing you affiliates product in one or more pages
- Equal proportion - Your tweeting of affiliate links should be like 1 affiliate link for every 10 normal tweets. This helps you to keep your followers happy.
Use a third party network
The increasing popularity of Twitter has given birth to many ad networks dedicated to Twitter advertising. There are many advantages of these ad networks as ad sales are automated and you won’t have to find advertiser’s yourself, but there are many disadvantages as well, not all of these networks allow you to choose the ads that are tweeted and you cannot maintain an equal proportion your tweets and the ads posted. I have listed some of these networks below,
(Admin NOTE: You can read their reviews in my recent blog article: 5 Best Sites to help you Make Money Online with Twitter)
Article written by Vishal Sanjay
Hi, I'm Vishal Sanjay, a 14 year blogger and inetrnet marketer looking to make a fortune online. I am also an SEO expert and I have given service to many websites. I run 3 blogs and write on hubpages and squidoo. Check My Blog for more such tips. You can also Follow me on Twitter @dumbbloggerVishal Sanjay has written 4 superb article(s) on this blog
September 7, 2009
5:20 pm
I started using be-a-magpie which is a good service. Looking forward to earn some money from twitter.
I didnt get any offer from sponsored twitt yet, I guess I need to increase the follower count somehow.
September 7, 2009
5:44 pm
Yes you will have to increase your followers. If you are using a service like be-a-magpie then you will need a good followership. Most of the advertisers there look for tweeters with more than 12000 followers. You should now work on increasing your followers or use some other service like Twittad. Get more make money online, website monetization and Twitter tips on my blog http://dumblittleblogger.blogspot.com/.
Vishal Sanjay´s last blog ..24 innovative wordpress plugins
September 7, 2009
5:46 pm
Thank you Shushant for accepting my guest post. I am a inexperienced teenage indian blogger so pls try and give me some tips if you can. Give me feedback on my blog and follow me on Twitter.com/dumbblogger.
Vishal Sanjay´s last blog ..24 innovative wordpress plugins
September 7, 2009
8:51 pm
Thanks Vishal for providing the blog with a nice article. I think you can be my blogging partner and a Permanent Author of this blog. We can have a great Success with this blog..Contact me if you are interested in it
September 7, 2009
9:50 pm
It would be my pleasure to be your blogging partner. You can e-mail me about it and give me the details and I am going to continue to guest post on your blog. Writing on your blog has been a good experience and has got me good followers on Twitter and traffic to my site.
Vishal Sanjay´s last blog ..24 innovative wordpress plugins
September 7, 2009
7:14 pm
I use Twitter API Search a lot of the time to find hungry niche market…haven’t really use Twitter to promote products cause I don’t think it’s really that effective. But probably would try registering myself to one of those ad networks.
Andi | Web Marketer Depot´s last blog ..10 Worst Kept Secrets to Get Cheap Web Site Traffic
September 7, 2009
7:20 pm
For earning from twitter we need a good no of followers…nd as much as i know abt twitter as of right now as more u follow the more u will be followed…nd more u can earn…
lucifer´s last blog ..Fiama Di Wills “Mission BeautiFull Hair”
September 7, 2009
8:58 pm
Ya that’s true enough that you will need good amount of followers for better income from twitter.
And yes, it’s like a ritual on twitter..If you follow someone he will most probably follow you back.
September 7, 2009
9:27 pm
Wow! Its nice to know that we can make money by selling our followership. But basically, we need to build credibility first to sell out. Anyways, just heard of this one. You buzzed me out Vishal ^^ thanks:) I learned a new monetization method.
Home affiliate´s last blog ..Do you blog for people or for google?
September 7, 2009
9:37 pm
Hey thank you vishal for the reply. You do not need 1k or more followers in case of be,-a-magpie, for sponsoretweets only you need more followers. I do get offers from be-a-magpie.
September 8, 2009
9:18 pm
Ya, I also do get offers from be-a-magpie but most of them are lead based and not coming according to what I am thinking of..
September 8, 2009
1:09 am
Twitter is a great way to increase affiliate sales overall, however, I haven’t been seeing much success with it. I know it works, however, it just seems like there is only saturated Internet marketers there following one another while the real customers are just around the block.
Albert Fang´s last blog ..Ways for Teens to Make Money
September 8, 2009
9:09 pm
Are you on Twitter?? Would love to hear your profile name and then follow you.
September 8, 2009
9:14 pm
Ok I got it after searching….It’s: http://twitter.com/Albertfang
September 8, 2009
1:13 am
I’m not too happy about twitter advertising. I guess it could be done if you maintain a proper ratio, like 1 ad for every 10 tweet, more than that and I’ll be sure to unfollow that guy pretty fast – I didn’t sign up to follow his advertisements
But I also think it’s important that we don’t turn twitter into a spam network where it all comes down to advertising, who’s going to benefit from that in the end? Internet marketeers marketing their product to other Internet marketeers….
Klaus @ TechPatio´s last blog ..How To: QuickTime X Autoplay Movies On Open In Snow Leopard
September 8, 2009
9:07 pm
Yeah, true enough..Honestly speakin I also pay very less time for making money with twitter. Hardly 3-4 times in a month.
And I think the Spam Rate is increasing at a very fast rate on Twitter and Twitter gotta catch this thing and stop it asap. otherwise it will become like Web 2.0 Hell.
June 2, 2010
4:12 am
I think twitters best bet is to do something similar to youtube and make a partner program. In which only those who own valuable accounts can opt into advertising. In terms of marketing, yea twitter is great for your own personal brand to make money indirectly via twitter. The only thing you need is a strong personal brand first.
Supra´s last blog ..How to Make The Most out of Being an Intovert
September 8, 2009
3:54 am
Hi. Have you heard about Assetize? As far as I know, you can park, sell or buy Twitter account. I don’t know how good it is. Anyway, nice info do you get here. Thanks for sharing.
Yoko´s last blog ..Serif’s DrawPlus
September 8, 2009
9:01 pm
Ya, I know about it and it’s really a great site..I reviewed about it in my blog article..
Have a look: http://www.smartbloggerz.com/2009/09/3-twitter-monetization-models-to-make-money-with-twitter/2009/08/5-best-sites-to-help-you-make-money-online-with-twitter/
September 8, 2009
6:53 am
i used affiliate marketing and seem like it worked… affiliate marketing is just a money source for me… i make lot of money this month with affiliate network
EarningStep´s last blog ..Make money with Darkblue – the simplest affiliate network
September 8, 2009
7:38 am
I have a account at SponsoredTweets, but no offer till now. It seems I have to increase my followers .
Compute Live´s last blog ..Download Microsoft Office 2010 Build 14.0.4417.1000
September 8, 2009
7:30 pm
Ya the situation is with me..I think the Sponsored Tweets isn’t getting much advertisers or I think the advertisers are only going with know people on twitter.
September 9, 2009
7:23 am
one advertiser from sponstwt advertised on my twitter profile i hope i will get the next one soon.
Spontwt is an izea network part and they already have lots of experience in paid to write department.I think sponsored tweet is having much better future than any other twitter monetization sites.
September 9, 2009
9:29 pm
But I think sponsoredtweets is the best program to monetize twitter account.I have created the account on SponsoredTweets after the review of John Chow but till today not received any sponsored tweets.
Surender Sharma´s last blog ..How To Display Adsense Ads After Post in Thesis Theme
September 10, 2009
8:01 pm
Ya I also think it is due to the support of Izea!! But yes, Not too much advertisers as of yet.
September 8, 2009
9:57 am
Btw, for those of you active in Twitter here…do you guys actually use Twitter Search (search.twitter.com) to find answers to stuff? Just curious
Andi | Web Marketer Depot´s last blog ..7 Little Known Tweaks to Improve Your Money Making Blogs
September 8, 2009
8:59 pm
Honestly speakin, Never tried making use of it As Twitter spam has increased so much that I doubt on that feature. I better use Google Trends for hunting niches..
September 8, 2009
12:12 pm
Hi there – I want to clarify that I have not started Pay Per Tweet – I did an April Fools joke a couple of years back on the topic but am not behind any of these programs that are now out there doing this type of thing.
Darren Rowse´s last blog ..The State of the Darren-Sphere
September 8, 2009
10:08 pm
Wow! congrats Vishal and Shushant. You had Mr. Darren Rowse “the great” commented on your blog. You guys rock! Only though, he corrected something. But, its really awesome that you were able to caught his attention. Cheers to you guys.
Home affiliate´s last blog ..Do you blog for people or for google?
September 8, 2009
8:17 pm
Can anyone tell me hw can i write as a guest on this blog…
lucifer´s last blog ..Hey i Got 1.96$ this time
September 8, 2009
8:50 pm
You can see the information of it here: http://www.smartbloggerz.com/write-for-us/
September 9, 2009
7:22 pm
hey thanks and i read that and if i get a good topic i will do write one as a guest writer
lucifer´s last blog ..Hey i Got 1.96$ this time
September 10, 2009
8:02 pm
Ya, sure..Will be waiting for your article submission
September 9, 2009
1:42 am
Hi Vishal. I think that Twitter can be used very effectively for monetizing, and eventually, it’s going to evolve and get even better!
I like your advice about only having one affiliate link for every 10 tweets. Whenever I notice that someone is only sending out affiliate links, I either do not follow them, or unfollow them. So yeah, it’s a good thing to pepper in some personality in your selling tactics.
Trey – Swollen Thumb Entertainment´s last blog ..New Category: Blogging World
September 10, 2009
9:12 am
I thought this was a guest post from the DumbLittleMan but it was the DumbLittleBlogger. Lol.
Albert Fang´s last blog ..Ways for Teens to Make Money
September 10, 2009
7:26 pm
No no..It’s from Vishal Sanjay of DumbLittleBlogger.Blogspot.com
September 10, 2009
12:26 pm
Wow..it’s really good to know that we can make money from Twitter.
September 10, 2009
7:25 pm
Nice to see that you now know the secret of making money with Twitter but remember that don’t be excessive in it.
September 14, 2009
1:37 pm
Great post! Getting dedicated followers work greatly on twitter, once you are able to have a large number of followers on Twitter, you’ll be surprised how many people will click your tweet links and will go to your blog to read the full story and even contribute their own comments.
To make real money, You need to offer a real item or service and then find people interested in it..
Online shop hosting´s last blog ..F.A.Q
May 16, 2010
4:17 pm
If we have many followers on Twitter, obviously, we can make much money by Affiliate marketing, direct advertising, etc. But for most Twitter users, it is really difficult to make money there because they can’t gain as many as followers.
Duia´s last blog ..Online Business Directories Vs Printed Directories – 4 Advantages for Business Owners