Tuesday, August 4, 2009

Twitter Money - Tips to Make Money With Twitter

So you want to make money with twitter? Well who doesn't. Twitter appears to be one of the most popular social networking machines around, and you can quickly get twitter followers that you can make money of. But how to do it. Here are a few ideas.

First, there is direct selling. You can send tweets to your followers about this great offer you have, or this great affiliate product that of course you earn commission on. You put the link to the offer in your tweet and hope that your followers will click on it, and even better, buy the product so you earn commission.

It's a little tricky to do all this in 140 characters (the maximum length of a 'tweet'), but it's possible if you shorten your affiliate or product link by using one of the many shortening tools available online, such as bit.ly, budurl.com or tinyurl.com. Check them out.

You can also mention the link in your public profile that people get to see. I'm not totally sure if all this works. I do, however, have some evidence for myself that direct sales work, albeit not with overwhelming success. It's modest. But still, modest free money is still pretty good!

The second way to make money with twitter is to send people to a freebie opportunity. You put a link in your tweet to a CPA (=Cost-Per-Action) offer. CPA might be a whole new topic for you, and you may need to read up on it.

With CPA offers you can promote offers that would earn you a small amount, say a dollar. The good thing is that for these offers people often just have to leave an email address or ZIP code, and then they get a chance to win an iPod, or win a certain amount of money for free shopping or whatever.

This stuff can do well for you, especially if the offer is related to your interest. This method is similar to the one above, but the offer is attractive as it doesn't cost anything for your twitter followers.

The third and last tip I'll give you is perhaps the best: make money with twitter by giving away a free gift, a report, ebook, video etc. when people enter their email address in your opt-in box on your website. So you send a tweet with a link to your freebie, and build an email list. Then you can market to that list later. Making money from your list is much more lucrative than direct sales to twitter traffic, even though that has also worked for me.

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