subject: How to Make Money With Twitter and How Will Twitter Make Money? [print this page] How to Make Money With Twitter and How Will Twitter Make Money?
With Twitter is attracting more and more businesses looking to share their information and drive people to their sites, what does the future hold for Twitter?
What is Twitter CEO Evan Williams thinking?
He has helped create an enormously successfully platform but now needs to generate an income stream from somewhere. Twitter is opening their back end to allow development of applications by users by will companies be charged for this?
Alternatively Twitter could sell to Yahoo/Microsoft etc and leave them with the dilemma of how to monetize it.
The power of Twitter is the user base.
Once you have collected a captive audience, you can then send them timely advertisements for which you charge. What's more, you can make the adverts highly targeted on Twitter. For example people who follow ESPN are likely to be sports fans; people who follow the business channel are likely to respond well to business adverts and so on. Using the hash tags, it is possible to get even more targeted.
Companies may decide to send out an advert every 50th Tweet.
Maybe they will fill in blank space at the end of a tweet with "get your Dunkin Donuts now" etc
Some users are suggesting a pay-per- tweet model to charge companies who want to send a tweet to a targeted list.
Alternatively users who had valuable information could charge their users to be a follower and get their timely tweets.
Whatever Twitter decides to do, it will be interesting.
In the meantime, I suggest get as many followers on Twitter as possible, and drive as much traffic to your websites and blogs as you can before the FREE service is R.I.P.
