Are you looking for ways to monetize your presence on Twitter and earn revenue through your brand or business marketing efforts? Look no further! Twitter is a powerful platform with a large user base and many opportunities for monetization. You’ll be surprised to know that it has 237.8 million monetizable daily active users.
And you can add to this number if you know how to properly use Twitter and its new monetization features. Apparently, Kevin Hart has earned almost $14 million from 14 Tweets. But even if you set aside the example of a celebrity, you can potentially make hundreds or thousands of dollars on this platform – every day!
In this guide, we will explore various methods how to make money on Twitter, from promoting products and services to leveraging your audience and increasing brand exposure. With the right strategy and approach, you can turn your Twitter account into a lucrative source of income. Get ready to learn how to make money on Twitter!
Things to Do Before You Make Money on Twitter
Before you can start earning money on Twitter, you must pay attention to a few important tips. These will help you in the process of multiplying your revenues.
Create a Professional Twitter Profile
To maximize your earnings from Twitter, it’s crucial to have a polished and professional appearance on your profile. A professional Twitter profile can ensure that your target audience has a good impression of you and doesn’t dismiss your content and marketing efforts as spam. It will also fetch more followers.
Add an attractive and unique profile picture with your photo or brand logo – and a banner image to elaborate further on what your profile is about. You should have a short bio with useful information. Also, match the Twitter handle with the username. Finally, add your website or blog link. Once you have done these, you can cultivate a more favorable image, which will facilitate earning income on Twitter.
Grow Your Twitter Following
A steadily growing follower base is essential for your marketing efforts to reach more people. So If you are able to attract a significant number of Twitter followers who are engaged with your content, it will become simpler to generate income.
A large follower base works like a testimonial, boosting your credibility, and acts as social proof, inspiring more interested people to follow you. Clearly, establishing a polished Twitter presence and increasing your followers can be essential to make money. Now, let’s begin and explore how you can effortlessly earn income on Twitter promptly.
9 Top Ways to Earn Money on Twitter
Now that you have your profile ready and are working on getting more followers, you are on track to grab the attention of your audience. But now, it’s time to figure out what to give your audience – and start making money on Twitter. For that, try the following –
Post Sponsored Tweets
Making money can be made simple with sponsored Tweets, which is one of the most sought-after ways to earn. Of course, you need to have a large following so that any brand may consider you a social media influencer. They should find you credible enough to pay you to Tweet about them and promote their product.
It’s a great way for brands to tap into your audience so people can discover the company through you. You can reach businesses directly or sign up in social media groups or websites where you’ll find brands waiting to collaborate with influencers. The amount you’ll get per Tweet depends on your follower base, reach, and engagement.
Affiliate marketing is an arrangement in which a merchant outsources a part of its sales or lead generation process to you. You get to earn a commission for every sale, site visit, or signup you generate. By simply adding a link to your Twitter posts, even with a small but engaged following, you can easily make money through affiliate marketing.
If people click on the link to make a purchase, they’ll earn money. You can sign up as an affiliate on sites like Amazon Associates, Shopify Affiliate Program, ClickBank, etc. It’s best to pick a niche or subject that interests you and Tweet about it. Then, when you become an affiliate in that niche, people will consider your recommendations reliable.
Sell Your Own Products or Services
If you can work with brands to promote their products/services, why can’t you do that to sell something of your own on Twitter? Your followers are likely on your profile as they’re already interested in you. So making a sale is easy with a proper marketing strategy. It can save a lot of the amount you’d need for traditional ads, which are highly expensive.
Start by posting eye-catching photos of your products and the people using them. If you sell services, you can Tweet testimonials and creative ads in the form of videos. Remember to add an engaging description and the product link. Also, add relevant hashtags and embed Tweets on your website to reach more people!
Run Advertising Program
Twitter has two video monetization options available: Amplify Pre-Roll and Amplify Sponsorships. The Amplify Pre-Roll is an advertising program that you can choose to participate in to generate income from pre-roll ads displayed on your premium video content shared on Twitter.
The purpose of this program is to simplify the process for publishers to make money from their video content on Twitter and for advertisers to associate with trustworthy and secure brand content.
Build Your Email List
Building an email list of subscribers is an essential component of email marketing. When you have a list of email subscribers, you can send targeted messages to your audience and promote products or services.
To build the list, lure people who follow your brand into clicking the link in the Tweet with a lead magnet, i.e., a discount code, freebie, exclusive access, etc. This link can lead to the landing page where they provide their email ids. When you email them, add engaging content and a call-to-action in the email thread to boost sales.
Become a Ghostwriter
One of the best ways to make money on Twitter is by becoming a ghostwriter. Ghostwriting is when a writer writes content for another person or company under their name. It can be anything from articles, blog posts, social media updates, and even books.
As a ghostwriter, you can use your writing skills to create content for clients on Twitter, making you a valuable asset. To get started, all you need is a strong portfolio, a good writing style, and an understanding of social media marketing. With the right approach, ghostwriting can be a lucrative career that pays you to write and share your passion with the world.
Create a Subscription Plan via Super Follows
Besides using Twitter as the primary marketing tool for your businesses and enhancing revenues, you can also use its new features for direct income. The Super Follows feature is one such option for creators with 10,000 or more followers. It is a paid subscription plan for which you can charge up to $9.99 from your subscribers.
You can offer exclusive content and bonus Tweets to boost authentic communications and maintain a steady flow of replies. Followers can pay a monthly fee and earn a Super Follower badge. But to access this feature, you need at least 10K followers. Hit that follower count, and you can buy Twitter followers; that can be a great way to jumpstart your monetization efforts on the platform.
Set Up a Tip Jar
Another excellent tool that allows users to monetize their Twitter accounts is Tip Jar. With this feature, you can get contributions from people who like your content or want to show support. They can use any popular payment option, like PayPal, Venmo, etc., to tip you, i.e., send money to you.
It operates like a bio link tool – but it’s built into Twitter. The option has yet to be rolled out to all Twitter users. But if you find the feature available, you can set up the Tip Jar easily. Just go to your profile page and select the Edit option to activate it. People can click the Tip Jar icon on your profile, reach your personal link, and make the payment.
Use Ticketed Spaces
Twitter introduced a new feature known as Twitter Spaces. Due to its high demand, Twitter has upgraded the feature to Ticketed Spaces. If you are in the education sector or any industry related to learning, utilizing a Ticketed Space on Twitter could be a smart monetization strategy.
This is an excellent option for making money from online events. It is an upgraded version of the audio chat “room” feature where people join for free. But to join your live Ticketed Spaces sessions, people need to make a payment.
You can only apply for this feature and charge users if you have at least 1,000 followers and run at least three spaces per month. The option is available under the Monetization option on the Settings and Privacy menu. Once you link your Stripe account to the Ticketed Spaces, you can start earning from your audio events.
There are many ways to monetize your Twitter account, whether you’re an affiliate marketer, a social media influencer, a service provider, or a creator. You just need to implement the right combination of strategies to make money on Twitter – as a side hustle or as your full-time career.
But besides using Twitter as a marketing tool and making the best of its monetization features, you must also focus on the steady growth of your follower base. Doing so will ensure that your reach and reliability grow hand in hand – reflecting directly on your earning potential.