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Make Money With Twitter! 5 Monetization Models

EasyTweets

The first thing needed is the EasyTweets application. It’s an application you have to pay for, but the capabilities are amazing.

EasyTweets allows you to easily manage multiple Twitter accounts. You can then setup tweets that’ll happen in the future (so say you’re running a Sports-related Twitter account, then you could setup tweets in the future that say like “Have you purchased your tickets for the Cowboys game tomorrow? I found some cheap ones here http://stubhub.com”).

EasyTweets will also do auto-follows for you — meaning for example, say your Twitter account is all about Las Vegas news — then anytime someone on Twitter talks about “las vegas”, you want to follow them because it’ll get their attention and they might follow you back, then you have a new follower. For you to do this manually, would take up your entire day. Now you can just have EasyTweets search for anyone talking about “las vegas” (or whatever you want) and they will auto-follow those users — and not just all the users, because that’d look suspicious. Instead you can have it randomly auto-follow users, between what times (so that between like 1am EST – 7am EST, when you’d really be asleep — you can make it appear that way, and not follow anyone between those times).

EasyTweets is an essential tool — you can buy it by clicking here. Now let’s talk about some other ways to use EasyTweets to make some money…

With Twitter’s recent API addition, there is potential for many new applications to be built off the Twitter back-end (although, not quite yet). Twitter usernames are essentially keywords used for these applications built on the Twitter platform — and Twitter username squatting is happening. The question is, how will these new businesses monetize — and how will Twitter itself monetize:

The power in any advertising-supported website, publication, TV show, etc, is community (readers, viewers, listeners, etc). Build a great service, get people to use it (or read, listen, view) and you can then send out specific ads to those users. Example 1: Have a Twitter username for “Knicks” (i.e. NY Knicks, a basketball team in the NBA). People add that user as their friend — the “Knicks” username pushes out any Knicks news… the minute it happens! Ditto on sports scores — if a Knicks game is going on, it’ll send out the score during the game to keep you alerted, if you want to be. If you can get 10,000 Knicks fans on your list — then you can either:

1) Put an ad in any blank space at the end of your 140-character messages — i.e. “Drink an ice cold, refreshing Pepsi.”

2) Send out an advertisement every 10th or 50th (whatever you learn to be OK with your users) twitter. Thus, I may receive 10 twitters of news announcements, and the 11th is an advertisement for Grey Goose vodka.

Next options…

3) Pay-Per-Twitter Message — If there was a username called “NYCtechJobs” — any person looking for a tech job in NYC could be a friend of this list, and be notified instantly of any new NYC tech jobs. Where would those jobs come from? Initially possibly just from Craigs List, Monster, Hot Jobs, etc … but then say you have 2,000 users that are the friends of “NYCtechJobs”, that means you have 2,000 prospective tech employees in the NYC area. A company would love to get their latest tech job out to those prospects, so they can find a hire — thus, they go to a web page you have setup, and they are able to create a message up to 140 characters (likely include a URL to full job details) with some details on the job. You can charge the employer for posting this.

Ditto with a list (er, username) like “NYCfurniture”. People could pay to broadcast their message to all of the friends of “NYCfurniture”.

4) Charge for access to your Twitter messages — Your username can be private and only your friends can receive/view your twitters. Thus, if you had valuable/timely information — you could have a subscription-based service where you charge $X for people to be your friend, and then they would have access to your twitters. Thus, a celebrity could charge for this — or a newspaper might do this to give you access to the news first — or some blogger that finds online shopping deals could send them to you … basically, if the user wanted to be “in the know” for whatever offering, they’d pay $X for access (per week or month). Note: You’d have to verify their subscriptions — and if they haven’t paid for the month, you’d remove them as a friend from your Twitter account.

5) Commissions on user purchases — Setup a service that allows users to buy products through this. User would need to setup an account with you with their credit card (or PayPal info, or a deposit into this proposed payment service) stored. I imagine a user could be browsing Wired magazine and be able to quickly purchase a subscription for $10 by ripping out their cell phone, Twittering a code like “d buy wired”, with a confirmation coming back to the user and them approving the confirmation possibly using a password, then the transaction occurring.

The biggest question on everyone’s minds is what Evan Williams is thinking. They’re opening up their back-end to allow the development of applications on the Twitter platform (which I think is real smart, because people are going to build useful applications for Twitter users — and everyone will be using Twitter in some capacity more often) … but will Evan plan to charge these companies that are building apps? Will Evan not want these apps monetizing themselves? How is Evan planning to monetize Twitter — or will he sell and leave that to a Yahoo/Microsoft/News Corp to figure out how to extract value out of the massive userbase (like his sale of Blogger to Google)? I don’t think Evan knows the answers quite yet — he’s just focused on building a great application for users.

Go get EasyTweets and good luck!

  • http://www.projectparties.com Bachelor Party

    Nice idea thanks for the quality information post. I am slow using twitter and now i will be trying to do this to earn money on ad.

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  • http://hubpages.com/hub/How-to-make-money-posting-links-on-twitter George

    Actually majority of people have not realized many ways they can make money on twitter and would spend most of their time on twitter just saying hello, am going to bed etc. I have been making money on twitter by just posting links on my tweet, this method is very simple and you have the control of the links that appears in your tweets. Their are somany companies offering model of advertisng on twitter but am currently using RvtTwt to earn money just posting links. Stevepoland have explained everything you need to know

  • http://www.twtscripts.com Jozep

    Here is an eBook on how to make money with Twitter

    http://www.twtscripts.com/eBook.php

    but this is actually not money making on Twitter rather around Twitter

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  • http://www.articleplayground.com Article Playground

    This is very interesting stuff. Thank you so much for the information about making money on Twitter :)

  • http://www.reviewz4me.net Chris

    I have a full review on how to make easy money with your tweets http://bit.ly/SvZHF

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  • http://www.mytwittersuccess.net Sam

    Will be interesting to see what charges Twitter applies to its users.
    Part of its success right now is that it is free and no one is blocked.
    If users had to pay per tweet or to gain access to info, I think the followers would drop off pretty quickly.

    Until this happens, my advice is to make the most out of Twitter- a fantastic FREE ,marketing tool to drive thousands of targeted followers to your website and blogs,

  • Lisa Daniels

    I want to make money on twitter.. How can I do it?

  • Quen

    Want to earn money on your twitter?

    Check out this site!

    Get 5 cents per follower!

    http://revtwt.com/index.php?id=41447

  • http://affiliatebusines.com jcabaj

    This should work, however there is possiblity for all of us, that we will be banned with no time.
    Good luck to all with this.
    Regards,

  • http://www.wowzila.com Wowzila

    Very interesting stuff. Thanks. There some useful tips here http://www.wowzila.com/blog.php?u=2

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  • http://none me

    yes but how do you get more followers on twitter?

  • http://www.twivert.com/o/C3O twivert

    Dear all:

    Great sharing.

    but if you are great twitter,a lot of followers,how to monitize you tweet.here is a way.it is total new services done by google.

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  • http://www.albdimension.com Kristi Kristo

    i know another way of making money with twitter. You can use your tweets to display ads and get paid from them.
    Check the tutorial: http://www.albdimension.com/make-money-with-twitter/

  • sean

    The avaergae joe now stands a chance to make some money on Twitter btw…..along comes a service called ad.ly (which if you feel inclined to sign up for, use this link to say thanks http://ad.ly/refer/379232331 :-) They have had the BRILLANT idea to connect advertisers with REAL people who make real tweets to other real people. Not just the old “I am sitting on the porch” tweet that goes to all your bot followers.

  • https://renegade.cartfreak.com/go/23/561/ twitter-big-hitter

    i’m having a really good $$$ time in twittville but you just opened my eyes to a whole new way of researching and follow up. thanks steve!

  • http://johnmaldini.blogspot.com John Maldini

    good artecles…I think twitter is just one of the media to promote a product, and this applies also to other networks, like facebook

  • http://tweetomatic.biz/ JohnFerriss

    Hi Steve,

    Excellent Information…

    Other idea? Look: http://tweetomatic.biz/

    John

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  • Mary

    I actually know a good website that helps you automatically follow tons of people to get THOUSANDS of NICHE targetted followers. You can’t make money without them!

    http://www.twitterautomate.com

    The site automates the whole process and does a lot more! It allows you to automatically follow people based on keywords, unfollow those not following you, follow back those following you, automatically post tweets (schedule them ahead of time), and auto mass direct messages (does not have to be set to auto though!)

    You can just set and forget it :) It’s webbased and no password is needed.

  • http://daily29.blogspot.com sunawang

    I’ve been searching for information about how to make money on twitter for several times, but still not getting.your blog is so helpfull. at least for me. thanks :)

  • Dbk

    For the lesser known individuals, you can download this free ebook at http://www.paidfortweeting.com that will show you the ins and outs of twitter and how to make money with it.

  • http://twitter.com/ChrisSeels1 Chris Seels

    It is really easier than you think to make money off of twitter once you know what you’re doing, I own an amazing piece of software that does all the work for me and makes me an extra $400 a month online and I’m willing to share that software with you, read about it at http://moneywithtwittenator.blogspot.com it’s really incredible

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  • http://twitter.com/ChrisSeels1 Chris Seels

    It is really easier than you think to make money off of twitter once you know what you’re doing, I own an amazing piece of software that does all the work for me and makes me an extra $400 a month online and I’m willing to share that software with you, read about it at http://moneywithtwittenator.blogspot.com it’s really incredible

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  • TomAsh

    The way to make money on Twitter is simple. You create an account, Than go here: http://tweetattacks.com/?e=tom… and download the free version (it’s on the bottom of the page) or a paid version to get some more features and options. With the free version you can manage up to 5 accounts. The premium version doesnt have this limitation and also it has some advanced features which will allow you to get 200k followers on 1 account in 3 months if you think a little.

    Then You go to google and write: “Auto follow twitter list” and store the list into txt file.

    Now simply turn TweetAttack on, configure it with Your txt list and get followers (use it wisely so Twitter do not ban You – get followers in periods in smaller amounts).

    With 10k-20k followers or more You can start doing some Fiverr Twit sells.
    The more followers You get, the more sells You will have (I created 5 accounts and in 2 months I have earned over $1200 on Fiverr only – and there’s other ways to monetize).

    When You have 100k followers You can simply sell account for few hundred bucks and create another one :)

    Good luck and good cash my friends :)

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    http://easytweets.com IS NO LONGER AVAILABLE.

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    Hi,

    Its really great opportunity guys for making Money With Twitter.

    Thanks

  • http://shareitto.com Shailesh Tripathi

    Your article on Twitter is very interesting and appealing to readers. Thanks and wish to post you more article about it.

  • Shezz

    I have monetized http://itwel.com Thx

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    Hey Guys

    Here is a link to a complete guide on how to actually make a full time living on Twitter. Awesome Info!
    http://www.str8photography.com/MAKE_MONEY_TWITTER.html

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