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Make Money With Twitter! 5 Monetization Models

With Twitter’s recent API addition, there is potential for many new applications to be built off the Twitter back-end (although, not quite yet). Twitter usernames are essentially keywords used for these applications built on the Twitter platform — and Twitter username squatting is happening. The question is, how will these new businesses monetize — and how will Twitter itself monetize:

The power in any advertising-supported website, publication, TV show, etc, is community (readers, viewers, listeners, etc). Build a great service, get people to use it (or read, listen, view) and you can then send out specific ads to those users. Example 1: Have a Twitter username for “Knicks” (i.e. NY Knicks, a basketball team in the NBA). People add that user as their friend — the “Knicks” username pushes out any Knicks news… the minute it happens! Ditto on sports scores — if a Knicks game is going on, it’ll send out the score during the game to keep you alerted, if you want to be. If you can get 10,000 Knicks fans on your list — then you can either:

1) Put an ad in any blank space at the end of your 140-character messages — i.e. “Drink an ice cold, refreshing Pepsi.”

2) Send out an advertisement every 10th or 50th (whatever you learn to be OK with your users) twitter. Thus, I may receive 10 twitters of news announcements, and the 11th is an advertisement for Grey Goose vodka.

Next options…

3) Pay-Per-Twitter Message — If there was a username called “NYCtechJobs” — any person looking for a tech job in NYC could be a friend of this list, and be notified instantly of any new NYC tech jobs. Where would those jobs come from? Initially possibly just from Craigs List, Monster, Hot Jobs, etc … but then say you have 2,000 users that are the friends of “NYCtechJobs”, that means you have 2,000 prospective tech employees in the NYC area. A company would love to get their latest tech job out to those prospects, so they can find a hire — thus, they go to a web page you have setup, and they are able to create a message up to 140 characters (likely include a URL to full job details) with some details on the job. You can charge the employer for posting this.

Ditto with a list (er, username) like “NYCfurniture”. People could pay to broadcast their message to all of the friends of “NYCfurniture”.

4) Charge for access to your Twitter messages — Your username can be private and only your friends can receive/view your twitters. Thus, if you had valuable/timely information — you could have a subscription-based service where you charge $X for people to be your friend, and then they would have access to your twitters. Thus, a celebrity could charge for this — or a newspaper might do this to give you access to the news first — or some blogger that finds online shopping deals could send them to you … basically, if the user wanted to be “in the know” for whatever offering, they’d pay $X for access (per week or month). Note: You’d have to verify their subscriptions — and if they haven’t paid for the month, you’d remove them as a friend from your Twitter account.

5) Commissions on user purchases — Setup a service that allows users to buy products through this. User would need to setup an account with you with their credit card (or PayPal info, or a deposit into this proposed payment service) stored. I imagine a user could be browsing Wired magazine and be able to quickly purchase a subscription for $10 by ripping out their cell phone, Twittering a code like “d buy wired”, with a confirmation coming back to the user and them approving the confirmation possibly using a password, then the transaction occurring.

The biggest question on everyone’s minds is what Evan Williams is thinking. They’re opening up their back-end to allow the development of applications on the Twitter platform (which I think is real smart, because people are going to build useful applications for Twitter users — and everyone will be using Twitter in some capacity more often) … but will Evan plan to charge these companies that are building apps? Will Evan not want these apps monetizing themselves? How is Evan planning to monetize Twitter — or will he sell and leave that to a Yahoo/Microsoft/News Corp to figure out how to extract value out of the massive userbase (like his sale of Blogger to Google)? I don’t think Evan knows the answers quite yet — he’s just focused on building a great application for users.

You can follow me at twitter.com/devilsnani

top job boards

A job is a regular activity performed in exchange for payment, especially as one's occupation. A person usually begins a job by becoming an employee, volunteering, or starting a business. The duration of a job may range from an hour (in the case of odd jobs) to a lifetime (in the case of some judges). If a person is trained for a certain type of job, they may have a profession. The series of jobs a person holds in their life is their career.
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How To Make Money with a FREE Blog

Tips and recommendations for successful of any Blogging

Blogging has become very popular lately. People use them as journals, diaries, and/or sales pages...

There are 2 kinds of blogs. One kind is hosted on your own server/hosting account and is created by installing a script and then customizing the template and then adding your own content.

The 2nd type of blog is hosted by a service and all you have to do is sign up for a free account and start adding content.

If you have a budget that is very small or zero, and you are looking for a way to start making money on the internet, blogging is a great way to get started. You can make money with a free blog by adding Google Adsense, and promoting affiliate products.

The following are 10 online safest techniques, suggestions and tips for Blogging

1. first think of your goals and your resources.

2. Go to http://blogger.com and open an account. It's free...

3. Once your account is open, create a new blog using your chosen key phrase as you Blogger sub-domain. Select a template to use.

4. Set the Blog title to be exactly the same as your key phrase. Create a description that contains your key phrase in it at least once.

5. Find affiliate programs for high-quality products in your niche. Create affiliate links for these products and insert them into your sidebar on the template where it says "Links".

6. Insert links to other blogs, related news, etc. at the bottom of each post using your key phrase somewhere in the anchor text of the link.

7. Submit your blog to as many of these blog and rss feed directories as possible.Use your key phrase in the title and at least once in the Description if you are able to enter one.

8. Go to http://yahoo.com and set up an account if you don't already have one. Add your RSS feed to your "My Yahoo" account as a news feed you want to monitor.

9. You will need to add RSS Beta to your My Yahoo content if you don't have it. For more info on how to do that, go here: http://my.yahoo.com/s/rss-faq.html and add it. You will now add your blog into the RSS feed in my yahoo. To do that, click on edit in the RSS feed section. Enter the url of your blog.

10. Go to MSN.com, create an account, and do the same. To do that, enter your blog URL with "atom.xml" appended to the end of it where it says "Search for content to add".

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You can find free content for your blogs at article sites. You must follow the rules outlined in the article site. This usually means keeping the author's contact information and links in place. Post another piece of private label content every two days. Search forums with related content - quote and link to pertinent information about your niche.