How to make money with Twitter

Learn how to utilise Twitter to its fullest potential.

Your initial impression of Twitter may be that, although it’s popular, it’s a time-waster. After all, you’re limited to keeping your thoughts restrained to 140 characters or less, and recently, the site has attracted attention for being the battleground of celebrities who have a bone to pick with one another.

However, don’t let those factors cause you to steer clear of the site altogether. When used carefully, it could actually be a way for you to make extra income. Keep reading to learn how you could turn time on Twitter into a profitable exercise.

Give power to the people.

The Internet is an excellent place to get feedback from a target audience, particularly if you’re trying to figure out whether a product concept you’ve been thinking about would be worth the effort to launch. Rather than taking time and spending money to get a product off the ground with limited knowledge of what your audience wants, turn to your Twitter followers first and take a quick survey.

For example, Twitter offers a Lead Generation Card feature that lets people indicate interest in something without even going to a separate page. That kind of information can go a long way in giving you the confidence necessary to realise the time is now to bring your product to market.

Create a Twitter app.

If you’re a tech-savvy person and want to turn that skill into an income- boost, think about creating a Twitter-specific app. Possibilities are wide open, especially since, so far, Twitter has stayed out of the app-creating business altogether, deciding it’s best to let developers work their magic.

Provide expertise.

Have friends always complimented you on being able to quickly solve their tech-related woes? If so, that can be another way to capitalise on Twitter as a way to make money, in the same way some companies are already doing. Think about areas in which you’re particularly knowledgeable, and then set up an account where you provide help for people who are struggling to manage their own tech support needs with limited or no success.

Until you gain a reputation for being someone with verifiable expertise, it’s ideal to request money on a donation-only basis. You can set up a basic website that links your Twitter feed to a PayPal account where people can send money just after you’ve solved their tech crises.

After that, consider switching from posting on Twitter publicly to only putting up protected tweets. Those are only viewable by people you approve. Set a reasonable fee for people who desire to be added to that group, and see if the demand is high enough to make it a realistic venture.

Barter with established Twitter users.

Twitter can be a great way to promote your other money-making ventures, such as blogs, online seminars, and e-books. If you’re not yet very established on the social media site but want to be in the near future, consider reaching out to others who already have thousands of followers. Then, work out an agreement where you’ll promote them if they do the same for you. Not surprisingly, this works best when you can network with people who share your niche. You can even barter with companies. For example, if you wanted to be industry-specific and provide counselling advice or health information, you may want to pair up with a top rehab centre to help promote your account.

In closing, making money on Twitter isn’t so different from any other effort because it requires persistence and creativity. The ideas above should get you off to a solid start. Good luck!