How would you like to make a dollar in 10 seconds, about the time it takes to send a tweet?
So you have followers and Twitter is sending you traffic but what about making money with Twitter followers? Easy! And I mean really easy.
There is no right way or wrong way to use Twitter, just go with whatever you feel works best for you.
Regardless of your personal Twitter philosophy, one common theme was that people wanted to make money from Twitter, either directly or indirectly.
I didn’t even intend on following up with an article like this but I got several emails related to generating income with Twitter over the weekend.
First of All, What is Twitter?
Twitter is a micro-blogging service where short messages of up to 140 characters are posted and shared.
Like Twitter, there are many other services available over the net, however it has left all its competitors far behind.
The number of monthly active Twitter users is now about 310 million, which makes it the third social network after Facebook & Instagram.
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Now how can you make money with Twitter?
Let’s start with a simple fact. Even though you’ll get a ton of traffic from Twitter, it’s really tough to track conversions. However, it’s really easy to make money using Sponsored Tweets.
Make Money with Twitter Followers – Step by step Approach
Twitter is one of the best social networking site to make money. But how do you actually turn your Twitter follower base into a money making opportunity? Let’s see the simple step-wise approach.
- Assuming you have a Twitter account, sign up with Sponsored Tweets.
Anyone with a Twitter account can join but in order to be visible to advertisers, Sponsored Tweets requires that your Twitter account is at least 60 days old, 100 followers, and 100 status updates. If you don’t have those, get moving!
Build a strong following
Obviously you have to have a following to make money from tweets. The great thing is that this can be done any time, even if you don’t meet the requirements from step 1.
So the main thing is the number of followers you are able to build.
The more number of followers you have, the more they will click your refs and you will be able to make more money from selling your tweets via Sponsored Tweets and ad.ly.
How do you get followers on Twitter?
Getting thousand follows per day is tough. So how to increase your follower count fast?
There are two ways to get Twitter followers.
If you are a leader in your field like Pat Flynn or John Chow, you will have millions of users automatically following you.
However, if this is not the case, then you have to go finding mutual friends.
You can follow all in a row or in a more effective way, find people who may be interested in your niche and follow them. The idea is to get follow back from the users you have started following.
But this isn’t everything. Don’t expect that every user will follow you back. You were followed back by 10% users? Lucky you! It is usually about 5% at most.
After a while you should delete those who have not followed you back. Two days are usually enough to check e-mail and decide who you are going to follow. You may take three days though.
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How to delete non followers on twitter?
Go to the list of people you follow, open each one in turn, and see who have not followed you back. Now just unfollow them.
900 users per day!
Pretty hard task, ah?
Let’s try to find the way to automate the process.
See, there are a lot of programs and services to do that. For instance, Tweet Adder, Hummingbird, Twitter Friend Adder… You can Google to find a list of programs.
There are many Twitter tools out there but I personally use these 3 tools to get more followers. And yes, you can target your niche there.
Start low…real low
Earlier I was suggesting that you go with 25% of the suggested price. With so many people involved now, it’s getting more and more competitive.
Therefore, today I would go under 10% of what the suggested price is. Sponsored Tweets is so crowded that unless you low-ball, you’re not going to get any offers.
Increase your price only if you are receiving more offers than you would like
Don’t increase your price just because you have more followers. Instead, base it on the number of offers you’re getting. Even then, just raise it a little at a time and monitor the results.
Decline offers that are not aligned with the message you would like to send
Not only will some of your followers hate you or leave you but in the long run, they will increase your CPC (a bad thing — see next section below) and you would get fewer offers because of it.
Final tweets thoughts
As you can see, it’s pretty straight forward. Plus, it only takes a minute to type the tweet. That’s the good news.
Over time, you will be judged based on your CPC (cost per click). Advertisers look at several factors and CPC is one of the more telling ones.
You could have 100,000 followers but if only two people click the link in your $1.00 tweet, your CPC will be $1.00. That’s not so hot, is it?
Sponsored Tweets states that generally a CPC under $0.50 is good. Since it is somewhat crowded, I would aim for $0.25.
That means you just can’t tweet a bunch of garbage and hope for the best since you’ll ruin your overall CPC. That’s why step 5 is so crucial.
Regardless, it’s still a great way to make money with twitter followers and have a little fun while building your follower base on Twitter.
If you’re already using Sponsored Tweets, I’d love to hear your stories. If you haven’t signed up yet, care to give it try?
This article is contributed by Pritam Nagrale who loves to write on make money ideas on his blog MoneyConnexion.com. Most of the tips on his blog comes through his experience only.