This is a guest post by Aminul Islam Sajib. He writes at his blog Life with Technology. You can also connect with Aminul on Twitter or Facebook.
Once a service gets big enough, it will start to become monetized in one way or another. Over the past few months Twitter has gotten big enough to start attracting advertisers, spammers and everything else under the sun. The founders of Twitter may still be searching for the best way to make money off of the service, but if you are a user with lots of followers, you can make money off of Twitter.
Of course, there is the big debate on whether you should advertise in your stream or not, but we aren’t here to discuss that in this post. We are just going to tell you how to advertise and sell ads in your Twitter stream. Let’s get right to the most popular services.
be-a-magpie
Once you sign up for be-a-magpie as a twitterer, you must allow the service to automatically update your account from time to time. You can set an ad ratio like 5 tweets/1 ad or 10 tweets/1 ad. Be-a-magpie will target your audience and will update your status with the ad they get. However, if you wish, you can turn auto-update off and manually update the ads.
There are three types of ads: pay per view, pay per action, and pay per click. You can pick the types of ads you want to display on your account. Be-a-magpie pays you via PayPal once your account reaches $50. You can also use your earned balance to become an advertiser and promote your own product or website. It also has an affiliate program which you can use to earn money by referring your friends to be-a-magpie.
Revenue Tweets
Revenue Tweets (RevTwt) offers from $0.04 to $0.20 per valid click on the ads you put into your Twitter stream. You can control which ads to publish on your time line, and you can set ads to auto post in order to automatically tweet your ads.
You get paid via PayPal when your account balance reaches $20, or you can get paid by check when your balance is over $100. Revenue Tweets also offers an affiliate program.
Sponsored Tweets
Have you heard of one of the biggest blog advertising networks called PayPerPost? If you haven’t, it is a service owned by IZEA Inc. IZEA Inc. also owns the recently launched Twitter advertising service, Sponsored Tweets.
Here you can have a free account and set your price per tweet. Whenever a potential advertisement comes your way, you get options to either accept or reject it. You can also re-write the tweet. If you accept, the ad will be tweeted from your Twitter account and your account will be credited within 24 hours of tweeting.
As everyone else out there, Sponsored Tweets also has an affiliate marketing program. You get paid via PayPal only when your account balance reaches $50.
Ad.ly
Ad.ly is a completely new Twitter advertising service. It sends one sponsored tweet everyday on a week long campaign. That means if you get an opportunity from any advertiser, it will last for seven days. You will have to set the price per week. If you’re confused, don’t worry. Ad.ly will suggest you a price that should be reasonable.
Steps are simple; you create an account on ad.ly, allow it to access your account, wait for an ad offer, and when someone offers you just accept or deny it. If you accept, the relevant ad will be aired on your Twitter account within 7 days. You can also tweet for charity.
Unfortunately, ad.ly haven’t mentioned the payment threshold; however, it pays via PayPal.
Conclusion
All four of these services are great options if you want to try your hand at making a little money on Twitter. What do you think about advertising in your Twitter stream? Have you done it?
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December 2nd, 2009 at 12:33 am
My fav is Sponsored tweets and ad.ly.