By the first quarter of 2021, Twitter had some 199 monetizable daily users worldwide, according to the European statistics portal, Statista.
However, there’re over 322.4 million Twitter users worldwide, according to Statista. This makes it one of the most popular social networking platforms in the world.
In fact, almost every top personality in the world- from billionaires to business captains, politicians to large corporations use Twitter to get their messages through to their followers.
Now, these figures make Twitter a very interesting social media platform for anyone that wants to make money tweeting. If you’re among such persons that would love to monetize your Twitter account, there’re 10 amazing ways to do so.
But firstly, you need to do three things. I will explain these in detail.
Steps to Follow Before Monetizing Your Twitter Account
These four things are rather simple and you can easily do them yourself. Without these three, it might not be possible to make money on Twitter. Therefore, follow these steps carefully.
1. Create a Twitter Account
If you don’t have a Twitter account already, create one right away. And even if you have one, it’s advisable in some cases to create a second one, mainly for monetizing.
That way, you could use on Twitter account for personal purposes and another one to make money tweeting.
To create a second Twitter account, all that you need is another email ID. Anyone using Twitter will testify that it’s very easy to make a Twitter account.
2. Make a Fabulous Twitter Profile
The second step to make money on Twitter is to create a fabulous Twitter profile. This is very important since people will offer you money-making opportunities only if your profile is impressive.
Therefore, take some time to think about what you should post on your profile. Also, select the cover picture of your Twitter profile that suits your profile. And use your own photo as the display picture (DP) to ensure that people know you by face.
Here I would recommend you to look at Twitter profiles of some leading personalities. That would give you some idea on how to make a fabulous Twitter profile for yourself.
3. Get Hundreds of Followers
This is the most important part of Twitter when it comes to making money. You will require hundreds, if not thousands of followers for your Twitter account.
Now this is something that could take some time. Therefore, start Tweeting things that’re of public interest and Retweet interesting content. Also respond to Tweets by famous personalities.
There’s various software that allows you to get some following. However, I favor generic or original followers instead of artificially boosted ones. Therefore, make sure that your Tweets are interesting and engaging to the widest possible audience.
However, you need to be very selective about the types of Retweets and persons whom you’ll follow as well as your own Tweets.
Preferably, your Tweets should be pertaining to some niche. That way, you stand better chances of attracting followers and stakeholders in that particular niche. These in turn could help you make money on Twitter.
10 Ways to Make Money on Twitter
There’re several amazing ways to make money on Twitter. Here I’ll discuss 10 of these. However, bear the above four points in mind and work upon them before using any of these ideas. Else, you might not get the desired results in making money.
1. Sponsored Tweets
Once you’ve hundreds or even thousands of followers on Twitter, you can accept sponsored Tweets. Generally, businesses, famous personalities and other organizations will pay you money to Tweet on their behalf.
That means, you’ll be Tweeting content that they provide but pass it on as though it’s from you.
Generally, political parties, large organizations and smaller businesses too that wish to advertise their products through Twitter will offer some money if you Tweet on their behalf.
This is done purely for the purpose of advertising and to generate some independent publicity. Sponsored Tweets will go on your name with the main party remaining unknown.
Since you have lots of followers, organizations will consider you as an influencer or micro-influencer.
They need this email list to mail promotions and other information to what can be prospective customers or even voters, if the buyer is a political entity.
According to a report by WPForms, email marketing can increase engagement with a website by as much as 300 percent. And that’s why the email list from your Twitter account becomes a valuable resource to all sorts of organizations and individuals.
Generally, Twitter works on email or phone numbers for signing up. Therefore, you can capture the email of your follower quickly when they subscribe to your Tweets.
There’s various software available for capturing the email IDs of your followers from a Twitter account.
3. Do Affiliate Marketing
If you think that a website or blog is necessary for affiliate marketing, think again. Actually, affiliate marketing can be done over Twitter too. You can sign up with any good online store or ecommerce company that offers affiliate programs to make money.
That way, you can earn money from your Tweets. Whenever anyone clicks on your affiliate link on a Tweet, you get some money when they make a purchase.
4. Sell Your Own Merchandise
If you’re an influencer or have a large following, you can also sell own merchandise through Twitter and make money.
Generally, influencers promote own merchandise. This includes coffee mugs, plaques, T-shirts, shoes and scarves, mobile phone covers and lots of other stuff. You can have these made in a small quantity at the beginning and promote them through your Tweets.
There’re two ways to sell your merchandise. One is by offering a link to your online store or blog directly on your Tweet.
Or by directly offering a link on your Tweet. Both these ideas work very well. You can also use both these ways to make money on Twitter by selling own merchandise.
5. Promote a Giveaway Campaign
Generally, giveaway campaigns are conducted by online as well as offline sellers. You can offer these retailers to run a giveaway campaign on your Twitter for your followers. This attracts a lot of crowds and can also increase your following exponentially.
Some of these giveaways include free product samples or merchandise that carries the brand name and logo. However, there’s one small issue when it comes to giveaways.
The seller or retailer or organization might not be interested in shipping the freebie abroad or to distant locations because it’s not their target market.
However, you can state on your Tweets that your giveaway campaign is available only in a specific area. That you’ll be running other giveaway campaigns for those who’re left out from the present one.
6. Promote Coupons
This is one more way to monetize your Twitter account. By offering coupons for discounts on stores and online sellers. That also increases your following by hundreds, if you’re offering superb coupons.
Everyone looks for discount coupons while shopping for stuff such as household requirements or seasonal needs. And when you provide these coupons, your followers will Retweet them to their friends and relatives.
Therefore, a store or online retailer can witness an increase in sales.
And you can make money from the seller for Tweeting their coupons. And you can also direct people to the website of a store to get these coupons through your Tweets. In any case, you will make some money from Twitter through these ways.
7. Loan Your Twitter Handle
This is one more way to make money tweeting when you’ve got a large following. You can loan it out to organizations, individuals, and other interested parties. This means, you’re giving them full permission and control over your Twitter account.
However, be careful when you’re doing this because if your Twitter account falls in the wrong hands, you could land in legal trouble.
There’re large organizations that want to use your Twitter handle and get the data from it such as telephone numbers of your followers and frequency of their Tweets, location and other stuff. Also, they’ll use your Twitter handle to Tweet their promotions or other content.
In such cases, you can expect a lot of money from any reputed organization that rents or loans your Twitter handle.
8. Display Ads on Twitter
Other than text messages, Twitter also allows you to post pictures. That way, you can Tweet ads for various companies using your Twitter and make money for the service.
This is yet another legit way to make money on Twitter, provided you’re not tweeting any objectionable content.
Twitter ads are very popular since they reach a wide audience within a fraction of a second and can attract almost instant reactions from people.
You’ve to inform the organization that’s posting these ads about the reactions and makes more money for the feedback.
9. Twitter Media Studio
Twitter Media Studio is a free resource from Twitter. You can use this resource to stream videos and ads to your followers and monetize your Twitter account.
To do so, you’ll have to tie up with individuals or organizations that want to Tweet videos or music or ads through your Twitter account.
Using Twitter Media Studio, however, requires some practice. And it’s only possible to Tweet ads and other content through this amazing resource when you’ve got a really large following that would matter to any organization or individual.
However, read a lot about using Twitter Media Studio to get some idea on deploying it to make money on Twitter.
10. Customer Service
Nowadays, lots of businesses are using Twitter as a social media platform to provide customer service. This is possible because Tweets are almost instant. You could use your Twitter account too for any organization that’s interested in customer service.
The process of monetizing your Twitter account this way is very simple. You can respond to Tweets from a customer or direct them to the organization with whom you’ve tie-ups.
A lot of businesses use Twitter because it assures customers that their issues will be taken care of immediately.
In fact, government services also use Twitter to inform people about the launch of a new service or how to avail it, while responding to grievances if any.
This way, you can make a lot of money through Twitter, while keeping customers of that organization happy.
These are the top 10 ways to make money from Twitter. That’s the reason you’ll have to make a superb Twitter profile and grow your following. This can take time and patience but the rewards will be worthwhile.
Thousands of people make money on Twitter. You can too. However, do not forget to take the most important steps of growing your following.
Because with Twitter, numbers do matter a lot. You can pitch your Twitter account for monetization only when you’ve hundreds or thousands of followers, I will emphasize as I conclude.