Sell advertising space on your Twitter account!
Tuesday, September 2nd, 2008 | Affiliate, Business, Marketing, Mashup, Tools, Twitter
It was only a matter of time before people started finding ways to monetize Twitter, last week announcing the arrival of a short-url CPC program and this week announcing the arrival of Twittad.
Twittad.com lets you put up your twitter account on their marketplace where advertisers can see the number of folks who are following/followers as well as the price you are asking to allow their products/advertising to be displayed on your twitter page.
If you’re a Twitter user looking for advertising – You get to select the duration that the ads are displayed as well as the price. Anyone interested in purchasing that space will then contact you through twittad.com, giving you the ability to accept or deny the offer.
How does twittad.com make money then?
They get paid a 5% service fee on the total purchase price (minimum of $0.99 cents).
What’s to stop an advertiser from contacting the user directly, skipping twittad altogether?
NOTHING! You’re given the user’s twitter profile, there you have any number of ways of contacting them without twittad even knowing! Email, through their website and even through twitter.
Right now the most expensive twitter account only has 599 Followers/605 Followings. Get this, it’s going for $100!! The highest paid twitter account though is only $25 for an user with a following of 351. I wouldn’t be surprised if that’s one of the developers who purchased the account!
I can’t see how this will last… but it’s an interesting attempt at monetizing Twitter. I give it a week before script-kiddies with auto-generated twitter accounts take-over the site. Good luck.
1 Comment to Sell advertising space on your Twitter account!
This is another way to make money.
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September 7, 2008