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Posts Tagged ‘tweetdeck’

The money shot on Twitter

September 18th, 2009

The debate on how Twitter will turn its phenomenal user-base success into hard cash is bubbling along nicely and last week it changed its terms to allow it to implement targeted advertising across the site.

Twitter is also planning to launch commercial accounts to entice business users to pay for premium services such as detailed analytics. That should go some way to explaining its current $1bn valuation but Gordon MacMillan is right to question the valuation, compared with revenues now and projected.

In the meantime a few pecuniary pioneers have been working the angles to find ways to make money with 140 characters.

The commercial imperative has, as we know well, attracted big brands to tweet with a marketing eye firmly fixed to the return on investment. Twitter has generated for Dell, at the last count, more than $3million on reburbs, scratch n dent, and upselling. All very good.

Cashing in on Twitter popularity

But what about the individuals who see a revenue stream flowing from their reputation and follows? It’s been growing over the past year and the ad network models are emerging to service the demand, along with redirects to user sites (ad fests), redirects to affiliate links, promotions, sponsored reviews etc.

On the ad network growth curve, companies such as Magpie, Twittad and adCause work in slightly different ways but deliver paid ads into the Twitterverse, via user accounts.

Magpie, based in UK and Germany, and adCause – a network with a charity twist - insert advertisements directly into your tweet stream. Twittad puts ads on your Twitter profile page. You will post your Twitter profile to the ad network sites and advertisers will bid on or purchase advertising space from you, with price and types set by you.

US-based Izea is a self-styled ‘world leader’ in sponsored conversations and the company has been building its revenue base on this marketing principle since 2006. Brands provide financial or material compensation to bloggers in exchange for posting social media content about a product, service or website on their blog. IZEA says it has promoted around 1 million sponsored conversations.

Top blogger Jeremy Shoemaker has been running sponsored tweets for more than a year, being paid $200-500 per tweet from large big brand advertisers like Blockbuster, Seaworld. An unnamed search engine paid him $280 per tweet for up to four tweets a day every 4 hours ($1120.00/day).

He also makes money arbitraging Twitter traffic by buying traffic from revtwit’s Twitter advertising network and sending it to Izea’s Social Spark Twitter advertising opportunities.

Another take on the revenue ramp-up comes from Happn.in (), which collects and aggregates popular phrases used on Twitter within 20 miles of major cities then sells them to advertisers for between $4-$10. The ten most popular phrases each hour are posted to the site, and are tweeted four times a day to the Happn.in Twitter account for each city. They have a following of around 210,000 people in 96 cities around the world.

There’s not enough space to cover every commercial play but interesting start-ups include US-based Social Cord that allows fans of bands, brands and writers to pay for and receive premium content via Twitter and SMS.

And let’s not forget the Twitter app revenue stream - Tweetdeck raised around $500,000 in investment while rival Twhirl was bought by video comment startup Seesmic and Twitter itself snapped up  Summize to rebrand as Twitter Search.

I personally would not be comfortable with the ad network/sponsorship route – Twitter is a fragile eco-system and the reputation-trust badge is hard-won and easily lost. In the Twitter market democracy, the Unfollow button is never far from view. I like a bargain and don’t mind commercial Twitters (we help companies too!) but I’d be pressing the off switch on an account that pinged me ads or sponsored links – I like a conversation without the background noise of the cash register.

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Five on Friday - five fabulous Web 2.0 tools and sites of the week (28-11-08)

November 28th, 2008

This week has been a bit mental, but as always I fail to disappoint with my favourite 5 web 2.0 tools and sites of the week.

1. First off we have Popacular. A very simple looking site that give you a list of the most popular websites mentioned on Twitter. You can also do the same for Delicious bookmarks.

2. This next one is something I have not actually tried! But the description got me buzzing. It’s a new web browser called Lunascape. It claims to be the fastest start up browser, here are some of the features:

  • Crash protection functionality
  • Mouse gestures
  • Tab browsing
  • Abundant plug-ins
  • Smart favourites

3. Splitweet allow you to use multiple Twitter accounts at the same time, it also give you real time mentions of any keywords/brands you wish to monitor. - Could this be a Tweetdeck killer?

4. Microbloging is all the rage at the moment, if your a fan then this next web 2.0 tool might be right up you street. It is called ShoutEm. ShoutEm is simply a very customisable way or creating your own microblogging community, some of the features include links and photo sharing, geo location sharing and mobile browser support. There is also a paid for service which gives you a few more options such as private domains instead of *.shoutem.com domain. View the ShoutEm deom video.

5. Finally today is a review site called Trustpilot. Trustpilot collects the information about the company that you would have taken hours to find, and informs you automatically about positive or negative conditions you should know about.

Here are some of the company’s Trust pilot have reviewed (click to see the bigger picture)

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