Make Money Online With Twitter

That’s right!

If you are a twitter user and you can effectively increase your twitter following then you can actually make money online with Twitter.

Here’s an article from NBC Chicago on how this is working for everyone:

The roughly 200,000 Twitterers who have opted-in to “follow” Land Rover — Twittad calls them “affinity groups” — received a tweet announcing the debut of that company’s newest model and invited them to watch a YouTube video of its unveiling. Four more tweets will be sent throughout Land Rover’s campaign.

Land Rover, and brands like Dell (@DellOutlet), Lance Armstrong (@LanceArmstrong), Zappos.com (@Zappos), Southwest Airlines (@SouthwestAir) and JetBlue (@JetBlue), are considered early adopters of Twitter and of social media.

“These companies, they get it,” said Twittad’s Thomas Buchar. “They understand that they have to build their affinity networks in order to be able to reach their customer directly and very cost-effectively. So they can communicate with all of their customers just through one Tweet.”

Twitter has one of the fastest adoption rates recorded. Neilsen Online reported the service grew 1,382 percent year-over-year in February and now boasts over 8 million users. Through its service, Twittad says it can reach nearly one in four Twitterers.

Buchar said the cost of a tweet is far less than, say, sending a flyer through the mail, though he admits that brands with 10,000+ followers will see the best return on their investment.

But brands aren’t the sole beneficiaries of the service.  Twitterers that sign up with Twittad can take part in a revenue-sharing model.  If an advertiser accepts a Twitter user into their campaign, Twittad sends a limited number of tweets on the user’s behalf (usually just two), and displays an ad on their Twitter profile page.  Participants are paid for every hour they serve a marketer’s ad.  The more followers a Twitter user has, the more money they can make.

Other Twitter-based ad networks, like Magpie (@beamagpie)and adCause (@adcause), rely solely on tweets, Buchar said.

As you can see more and more companies are signing on with these ad companies that bridge Twitter users and large companies and the more twitter followers that you have the more opportunity to make money online with Twitter.

For me it’s been fun to see how Twitter has developed over the last year and how popular it’s becoming.