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8 Ways to Make Money on Twitter

8 Ways to Make Money on Twitter PhotoToday’s advancements in technology have opened new forms of business opportunities and advertising strategies. One of the most prominent is using social media as a channel for business. Twitter is an example of this.

If you haven’t heard of Twitter, then let me explain.

Twitter is a rising social network that also offers an incredible marketing platform. It can help you easily search and track relevant business data. Use it to provide further insight about your products and services.

Here are 8 ways to make money on Twitter.

1. Socialize

It is a social network, after all.

For you to get customers you must possess a standard degree of social skills. Befriend a lot of people; capture their attention, pique their curiosity and make them see what you see.

Be crafty with your posts to convince them of your ideas.

2. Update

Constantly update your twitter account. Post blogs as frequent as possible. Tweet when it’s required.

Be dynamic and interact with fellow ‘Tweeters’. Having a blog or business page won’t do much good if the conversation only goes one way.

Don’t ignore comments and feedback; respond once in a while and address their concerns. Reply to questions regarding your products and services as often as possible.

Include a link to you email, in cases where you are not online to respond, and make sure to answer back immediately; this assures your target consumers that you care more than just the money in their pockets.

3. Build credibility

Though there are a lot of honest people on the internet, there is no denying the fact that there is also quite a number who have scammed people out of their hard-earned money.

For this reason alone, a lot of people are skeptical about buying products and service over the internet. So it is absolutely necessary for you to show your credibility to them.

If the customer does not perceive your claim as true then you are wasting time and money on advertising. So share your expertise and relevant information about the industry you are in.

4. Give valuable content

Just like in any area of business, content reigns supreme when it comes to marketing your products and services. Be sure to offer interesting and valuable information to your target clients.

5. Sell products on Twitter

Twitter isn’t just a tool for socializing, you can use it to sell products as well. Read the rules and regulations to make sure you’re not violating any of them when selling your products.

6. Advertise with your tweets

One of the unique ways to make money on twitter is to get sponsors for your tweets. This method is the equivalent of the video advertisements on YouTube.

To do this you must sign up for Sponsored Tweets, a well-known ad service for Twitter, which allows you to set your own price-per-click for advertisements that you tweet.

However, to access this feature you must meet the following requirements:

  • A minimum of 50 followers
  • A minimum of 100 tweets
  • An account that is at least 60 days old

7. Promote other business products

Post and promote the products of other companies on your twitter page. Establish a fee for advertising their products on your tweets.

This is also a good way to enhance your publicity by expanding through another company’s customer base.

8. Cultivate your customer base

Customers are the backbone of a business, without enough support from them a business is doomed to fail. Therefore, it is essential for you to target regular customers who have given praise to your brand.

Find endorsements that are outside of your company, because these will have a greater influence over anything you send through your official channels.

The best part is that you have satisfied customers that are willingly advertising your product without asking any form of payment in return.

  • http://www.thefrugalpath.com justin@thefrugalpath

    I never knew about the paid per click thing. I’ll have to look into it.
    I must admit that Twitter has given me a big boost to my traffic. As a new blogger it has been the best way for me to get the word out about my blog. And creating a dynamic relationship with your readers through Twitter can be a great way to drive business to your site.