Thursday, May 28, 2009

Make Money Online with Twitter

Make money online with twitter is one of the newest crazes and ideas to hit the web. There are many different ways to supposedly make money online with twitter, but more often than not most people are just trying to sell you something. There are a lot of people out there promoting different systems or softwares which will increase your twitter following by thousands of people who will want to just throw their money at you and you will be rich forever and ever. Unfortunately, these systems and softwares do not understand one of the main principles of social media - which is that when you create value others will follow and respond. These "make money with twitter" programs almost blindly add thousands of followers without establishing any form of relationship or value - and thus making them meaningless followers.

If you decide that you do want to leverage twitter to make money online there are many other better ways to try to do it. I have listed them below.

1) Website Promotion. Many people use twitter for personal purposes, and then throw in a link to their latest blog posts when they make them. This is a way to make money with twitter indirectly. By allowing your followers the chance to visit your website or blog, you are also allowing them a chance to click your ads or buy your products.

2) Product Promotion. Some people have decided to directly post affiliate links on twitter to hot new products or other affiliate programs. Many of your followers may view this as spam and will be more likely to stop following you. Twitter itself may also consider you to be polluting the community with spam and can shut of your account. Unless some asks you to, or unless your twitter activity is very niche specific and your followers expect it - I would advice against using this method.

3) Service Promotion. Many service businesses use this method to make money inderectly from twitter. They search out twitter users with similar interests or do a search to find out who is talking about or in need of the service the business provides. They then attempt to build a relationship with the other user and slowly introduce their service to see if the customer is at all interested. When accomplished in the right way, this can be a great way to find customers and make some money - but building valuable relationships does take time and patience.

4) Make Money with Twitter Advertisers. The last way you can make money with twitter is by using different services like Be-A-Magpie and TwtAds. These services take your twitter account info and based upon your preferences place tweets in your twitter stream that contain affiliate links. You are then paid based on what action your followers take (i.e. clicking, buying, etc.) This method is not looked upon too highly and could result in the loss of followers. Do it at your own discretion.

Remember the golden rule of twitter as tweeted by @DaivRawks - "tweet others as you would have then tweet you".

Make More Money Online

If you are looking for a little bit more "immediate" way to make money online, instead of having to take your time to rank in the search engines and build your earnings slowly, then you may be interested in a few of the following online communities and programs. Each one of these programs is reputable, and has been tested inside and out by me, so you can be sure that you will not be ripped off. Remember, I want to help you make money online - not take money out of your pocket! Each program listed below is free, and is guaranteed to make you money if used correctly and to its full potential.