Nov 23 2008

Making Money With Twitter

I don”t think trying to monetize your Twitter profile is a good idea.  Even using it to repost your blog posts is also not good.  But I have noticed that a few options have become available for those looking to bastardize their Twitter profile and thought I would mention them here.

First up is Magpie.  Magpie will insert an ad every “x” number of tweets.  These are listed as “sponsored” tweets and payment is based on how many followers you have. I have noticed a few Magpie ads on Twitter, however I don’t think there are many advertisers using the system.

The second option is Twittad which is a marketplace to sell your Twitter background.  This concept is even more flawed than Magpie as on Twitter the majority of people don’t actually see your background (you usually just see your own, and the majority of Twittering happens offsite through the API).  However, a number of backgrounds have already been sold on the site.

Let me know if you use any of these!

P.S – Make sure you follow me on Twitter.  Plus hit up my blog

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10 Comments on this post

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  1. AffiliateObsession.com said:

    I have never heard of, or use, either of these. I also agree that both are bad news and really there isn’t any “good” way to monetize your use of twitter via 3rd parties.

    Good post.

    AffiliateObsession.coms last blog post..How to Promote Holiday Offers

    November 23rd, 2008 at 7:10 pm
  2. Anthony said:

    Yes I guess the success of these two sites will depend solely on whether people like you choose to use them

    November 23rd, 2008 at 7:13 pm
  3. Minnesota Attorney said:

    I agree, it’s probably not a good idea to monetize a Twitter feed. These days, people are trying to monetize everything. But to monetize a Twitter feed seems like overkill. It would be like wearing a shirt with an ad on it—oh wait, I guess athletes do that all the time. Never mind.

    Minnesota Attorneys last blog post..Minnesota Securities Law Attorney

    November 23rd, 2008 at 7:44 pm
  4. John | Make Nothing Online said:

    Hi, I’m trying out Magpie for a month, just to see how much it earns and whether or not it alienates any of my followers. So far, it hasn’t posted to my Twitter feed, so I can’t say one way or the other.

    If you visit the Magpie webpage and enter your Twitter id, it gives an estimate of how much you can earn.

    November 24th, 2008 at 1:01 am
  5. Gerald SEO Tips Blog said:

    I’m now following you on twitter! ;-)

    I agree with you I don’t like the idea of using your Twitter profile to tweets ads every five tweets or whatever the ratio is. I read about magpie because i was curious but I think the idea is rather cheesy however I disagree with you about using Twitter to post your own links. I don’t think someone should use it to only post their own links that annoys me but if you are following like minded people etc and you have a blog post that is relevant I see nothing wrong with tweeting that. It’s ok to self promote on twitter just don’t over do it I say.

    Gerald SEO Tips Blogs last blog post..5 Free SEO Tools You’re Probably Not Using Yet

    November 24th, 2008 at 9:58 am
  6. Minnesota Attorney said:

    I agree. Twitter can be useful, but it’s purpose shouldn’t be primarily self-promotion. It seems to take a while to get used to the Twitter purpose and culture (I’m still trying to figure it out), but understanding that is essential to the value of Twitter.

    December 1st, 2008 at 3:37 pm
  7. TUSFUFLABSNOF said:

    If anyone is looking for a no nonsense way to make money fast, these guys are the best
    it took me a few days to get going, but they were very helpful. Two weeks in and i just
    got my first $1,000 check. This works by spreading the word, so I’m spreading the word.

    Check it out here: http://www.17getmoney.info

    December 10th, 2008 at 2:32 pm
  8. Blog Income Report said:

    I wonder if anyone is actually making decent money from these? I think I’ll hold off until I see some genuine results before I consider monetising my Twitter.

    December 21st, 2008 at 6:17 pm
  9. Steve@weightlossweapons.com said:

    Not everything should be for sale. Otherwise you become a walking talking billboard and you lose your credibility. Plus I don’t think enough people check out my profile to make it worth while for the advertiser.

    Steve

    January 2nd, 2009 at 1:03 pm
  10. Twittonary said:

    I have heard of both, and a few other out there actually. Thinking for myself, magpie would not be a very optimal choice. twittad doesn’t seem to bother me as much. I have seen some people’s backgrounds that are filled up with just stuff making it overwhelming almost. Overall I think Twittad is less obtrusive.

    February 1st, 2009 at 5:12 pm

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