Two ways to make Twitter pay?
People behind any new social media tool after wowing people inevitably have to ask themselves the question, “How can we make money from this?” It was a question asked by people about Youtube and Myspace and since it’s popularity increased on a massive scale, Twitter. They recently announced deals with Google and Bing to share Tweets on their website which they say make the micro-blogging tool profitable. But many people are asking how they can make Twitter pay for them. Twitpic, allows users to upload photos with their Tweets is one company who recently turned a profit and has received between $1.5 and $2million in advertising revenue. But how can others replicate this success? Two recent articles caught my eye on this in the last couple of days which are worth reading.
Startups cash in on Twitter with pay-per-tweet from the San Franscisco Chronicle
How small newspapers can make money from Twitter from Econsultancy
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