How to make money with Twitter?

Is it really possible to make money through Twitter?

I’m not a big fan of this concept but I think making money on Twitter is not a big deal if you really want to do it. It is as easy as ABC. But there is a decision you have to make between your reputation and the possibilities of money you can make. You have to hit a balancing act. And the reasons why I think so is because:

Twitter has not yet evolved in to a trusted monetization platform like blogs. So before even thinking about monetizing your twitter profile, think well if you can carry it off. If you can’t, you might just be spoiling an opportunity, which might come later.

So is it really possible make money with Twitter?

Yeah, it is, but there are some prerequisites before you can start doing it. Just like any business, you cannot start off just with the air to fill your tires. You need to have the tires, the fuel and the vehicle of course to start off successfully. Let’s see what the prerequisite are;

1. An engaging and trusted number of followers. If you’re engaging more with your followers, you have a higher chance to earn more. And,

2. Create a good blog (or a website) to let people know you more. Having a blog helps because it might not just be possible for your followers to judge you just from your Twitter profile.

Possible ways of making money on Twitter

1. Direct advert from products/services. If you have a good follower number (who are engaging of course), products and services would be willing to pay you for tweeting about their products. These are like the banner ads you place (on the ad space) on your blog.

2. Place your Affiliate links on twitter. If you’re an affiliate marketer, you could also try tweeting those affiliate links to your followers.

3. Traffic sharing through navigation bars / frames. Sharing your traffic on Twitter with possible interested parties is a good way to ensure a win-win situation for both your readers and advertisers. This can be done by showing off a frame or navigation bar to every link you tweet.

4. Tweeting links from other sites. Another possible way of earning money on Twitter is to sign up with websites to promote their content. Maybe an on going contracts on monthly pay out (or similar) to promote their content through your twitter channel.

Important Notice:

Twitter is not a tool to make money. It is just a simple communication tool everybody loves using for the simplicity of things. So any move to “make money out of it” is like trying to deceive your followers, and some people would find it a big turn off. But you could always try and make sure that the noise factor is low and thus make any sponsored ad just like your normal tweet. How? Let’s see.
How not to annoy your followers with sponsored ads, while you still can make money.

- Do stick to quality adverts (or bids). While it’s easy for one to get excited and over do it, I’d suggest sticking to your quality guidelines. I’m sure when you’re open to ads and have a good follower base, there would be offers from left and right, but wait...Don’t just be greedy. Go through the website/product and see if it really would help your followers, otherwise keep away from the offer.

- Always do a screening process of the potential advertisers. Since there is no automation involved in any of the above mentioned points, do your realities check, every time.

- Stick to tweeting ONLY relevant ads. Some ads might be well fit for a profile background image while some can go for the URL tweets. Make your decision on what’s best for you and your followers.

You can check other posts in my archive for more tips.