Firstly, as this is my first “proper” blog, i would like to take the time to welcome you to this blog. What i am aiming to do with this blog is to show you ways to both make and save money on the internet.
Now i Know that most of you will have found this blog via my twitter link (1money_maker), and as such, it makes sense to discuss ways to monatise twitter.
Twitter as you know, provides a viral interface for updating friends, colleages and anybody else you may [or may not] know on what you have been up to and what you are planning to do, etc.
Perhaps the lure of twitter is it’s inherant simplicity, and thus, that is perhaps why it is associated more with the elder generations then the likes of facebook, myspace and bebo. The latter mentioned social networking sites have more in-depth interaction, which again perhaps, better suits the younger “techie” generations.
I think that is somewhat of a half truth however, and twitters growth (which is easily outstripping that of facebook) provides some evidence to that statement.
what is straightaway evident is that twitter is heavily used by marketeers and businesses in general – which is interesting considering that there are NO formal advertising avenues on twitter. So what are these businesses doing on twitter, which has limited functionaility and no advert avenues?
There are of course a number of reasons why businesses and individuals are using twitter. A huge lure of twitter for many people is the ability to affiliate market to a mass audience at NO cost to the advertiser. This is an interesting opportunity, and will be discussed at length in part 2. What i will say for now is that 99.9 percent of people that are currently affiliate marketing on twitter are doing it wrong, and are thus stealing value from twitter, getting their accounts suspended and ultimately making NO money.
For now however i want to discuss a far easier way to start making money on the internet – and twitter specifically. This was the subject of one of my tweets today. It is sponsered tweeting, and the opportunities for you are fairly large.
Sponsered tweeting involves tweeting on the behalf of a company, usually on a “pay per click (ppc)” model. Think google ads, but you are google, getting paid to present the advert, and making a profit of every click you achieve.
This is an opportunity open to anybody with a twitter account, although your pay per click will be largely determined by the amount of follwers you have. People have (believe it or not) been paid in excess of $20,000 for ONE tweet! This of course will only happen if you have a follwers list running into the hundreds of thousands, but you or I, can command a dollar a tweet if we have in excess of 1000 followers, which isn’t hard to achieve. My 1money_maker account started life 3 days ago with 0 followers, and right now has over 1000 (and climbing fast). If i can do it, you sure can!
with sponsered tweeting, you are provided with a tweet (which can often be modified by you, if you desire) which you then tweet out to your followers. The PPC ranges do differ markedly, but there are a number of good opportunities which hover around $0.05/click. This may not sound much, but clicks can add up fast (certainly when you have a good follower count) and you can make a few dollars a day for nothing!
This is not something that you would want to abuse, as your aim on twitter is to provide value to the people that follow you. This is why i spend large portions of my day looking for interesting and highly relevent information of the internet to tweet out to my folowers, whether it is camera and photography related info for my cameraWhouse twitter followers, or money making/saving for the good people that follow my 1money_maker account, I and you, should always seek to add value. People are never obliged to folow you on twitter, you have to earn your followers, and then work to retain them.
However the moral of the story is you can monatise twitter whilst providing value to your followers. If you succeed in doing this, you add value to twitter, however if you fail, you can end upbeing an affiliate turn off, who gets un-followed more time then he gets followed.
in part two of this blog, i will look at affiliate marketing. There is swathes of cash available to be made down this avenue, but getting it right is key.
We must maintain our principals whilst we aim to make money on the internet, and this bleached white hat mentality will equate to long term profits for everyone.
so if you want to make your first tentitive steps towards making a few extra dollars a day via twitter – ten you have nothing to lose and everything to gain from checking out this website listed below. feel free to leave feedback and i hope this article has helped you somewhat. Look out for part two – coming within the next few days!
follow this link to start making $s for your tweets! http://bit.ly/259Fef
Tags: make money, monatise twitter, twitter
