How to Make Money on Twitter

Twitter is really big now and it is still growing at an exponential rate. Users are glued to it and as I see it in most people, the tendency to Twitter is infectious. But besides the joy of Twittering what if you could make some money out of it ? wouldn’t it be better ?

Well, there are tons of promises around that talks about making you reach on the web or getting you thousands of followers on Twitter, however, most of them would ask you to pay them to avail their service and or otherwise would not really deliver what they promise. I come across a lot of such “money making opportunities” like every other Twitter and was about to negate this one too but though to take a quick look and this time it I am lucky.

I came across this application called Sponsored Tweets from Izea that connects potential advertisers with publishers on Twitter and the best part of this application is that it doesn’t send Tweets from your account directly – you can actually review and approve the message that would be Twitted from your account ( at times you can even write it yourself) and if you don’t like it just don’t approve it.

Once you sign up with Sponsored Tweets ( pretty simple and fast – no long forms to fill), you can quote the price you want to get paid for every tweet that you send out on behalf of the advertiser. If an advertiser likes your profile ( based on your network, popularity, nature of tweets etc) he would contact you with his offer. If you agree and send out the advertisement message through your Twitter account your Sponsored Tweets account gets credited for the money. You can then withdraw it almost instantly to your Paypal account.

It is a fairly simple and logical process and with a company like Izea behind it this is scam proof. Like any other advertising network the price you get would depend largely on your quality as a publisher which would take into account multiple aspects. Some of the factors that I feel would be necessary for you to make good money at Sponsored Tweets would be ..

• The number of followers and friends you have. While followers are of big importance I believe advvertisers would also like to check the ratio between followers and friends.
• How active you are on Twitter – mostly judged by the number of Tweets you make, RTs you get etc
• The quality of your followers and friends – are their social media influencers in your network ? are your followers mostly from a niche/ industry ?

Also, make sure you have a Paypal account because that is the only way Sponsored Tweets pay at this point.

For advertisers, I think this is a great opportunity particularly for the ones with a tech/ web based products or service. You can get publishers to talk about your product at throw away prices and if you have a big budget you can probably get some celebrity like KimKardashian or Kendra Wilkinson to tweet about your product / service or website. You can see a complete list of Publishers under the Tweeters tab on their website.

So Happy Tweeting and hope you make some money as well !

Magpie is another advertising network that offers similar service to Sponsored Tweets however, I have heard that there payout is probably not as good as ST. Also, they would send payments only after you reach $50 mark. One good thing about Magpie though is that they allow all ad tweets to be preceeded or followed by a short notifice like “Ad” which maintains the integrity of your Twitter profile to your followers.