How to Make Big Money on Sponsored Tweets

d775bf362d8cf9f690f929904bcc547c 0 Del.icio.us

Last week, I posted an article called Make Extra Cash With Your Twitter Account.

That was the article where I introduced you to a cool program called Sponsored Tweets.  This program is an ad network that allows you to get paid for sending out tweets for advertisers.

When I posted last week about this program, I had several people ask me what they needed to do in order to get people to sponsor them.  They wanted to know what had to be done to actually start making money on the program.

Today, I’ll answer those questions and give you exactly what you need to know to start breaking the bank with your Twitter account.

Followers

One of the first things that advertisers look at is the number of followers that you have so get out there and build some more followers on your account.

Is your spam radar going off right now?  It should be.  If you’re building followers for the sole purpose of capitalizing on them, then that is just wrong.  You are a spammer.

You should be building followers to connect with people.  The added revenue is a great bonus and I certainly want followers for that reason…but not only for that reason.

I’m not looking for a way to take advantage of people.  I’m looking for a way to make extra money while at the same time providing great value to my readers and followers.  It’s kind of a balancing act.

Clicks

The next thing that potential advertisers want to know is how many clicks they are going to get for their money.

Sponsored tweets actually recommends that we try to average our bid to around $.50 per click but I personally think that it’s good business to try to give customers more value than they spend on us.  My average price per click for my account is around $.18 per click.  It’s about one-third of the recommended price.

Because I offer such a great value, I’m pumped up with confidence when I ask people to sponsor my tweets.  If you want to get in my twitter stream, just click here and hire me to tweet out a link for you.

Influence

Influence is the measure of activities that people are willing to do on your recommendation.  When you post a call to action, those who respond and do what you ask them to do are a reflection of your influence.

While advertisers can’t measure this directly when they’re just glancing at your listing, many advertisers analyze how many conversions their campaigns produce.  They may be interested in more than just clicks but in actual purchases.

If you can deliver with a powerful influence then you’ll probably see them come running back to you with more offers.

Make Money, Have Fun, Don’t Spam

In another previous article, I received an awesome comment expressing adamant opposition to Sponsored Tweets.  Lindsay from BSC Design had this to say about the program:

I just have to say.. i freaking HATE sponsored tweets! Twitter would be a world better without these things and I would personally never promote something like that.

Now I hope that I’m not misrepresenting her, but I’m guessing that she hates the program because of the spam factor.  There are a lot of people who are so hungry to make an extra couple of dollars that they are taking on every opportunity they see and in turn they are diluting their twitter stream with massive amounts of meaningless spam.  Don’t be that person.

Be real with your followers.  Post things that interest you.  Interact with your friends.  And accept a few sponsored tweets along the way.  Don’t turn yourself into a giant spammer that people hate to interact with.

Group Reflection

Are you a member of Sponsored Tweets?  How has it worked out for you so far?  How much are you charging for your tweets?  What is your cost per click?  How many followers do you have and how many clicks do you get on an average tweet?

WHAT!?  You’re not a member of sponsored tweets? Click Here to join in on the fun.

SponsoredTweets referral badge

Share your Opinion

and be a part of the discussion.

  1. Name (required)

    Mail (required)

    Website
    Your Comment

1 Inbound Link

This awesome site is linking here!

  1. How To Make Big Money On Sponsored Tweets | Blog Mixer

66 Vibrant Comments

I would love to hear yours!


  1. November 6, 2009

    Casey Brazeal (North and Clark) said:

    I have yet to use one of these. I think your right about the idea of a fine line.

    I still really don’t know exactly what to do with my twitter presence to promote myself, much less other people products.
    My Latest Blog Post: Guest Post Round Up


    • November 8, 2009

      Nicholas Cardot said:

      Casey Brazeal (North and Clark) –> I like to use twitter to chat with people and to connect with people across our common interests. I’m sure to only post a sponsored tweet about once per day or less which ends up being about 1 out of every 20 of my tweets.


  2. November 6, 2009

    Chad said:

    Interesting concept, but I have to agree that it does seem like a fine line. But the beauty of Twitter is how easy it is to gain/lose followers. Walk the line properly and you’ll do fine.
    I’m still new to the game and don’t have a lot of followers, but I tend to average about 12-20 clicks per link I Tweet.
    It’s easy to see how a couple of sponsored Tweets could cover the cost of small stuff, like web hosting.
    Food for thought. Thanks Nick.
    My Latest Blog Post: The Importance of Music


  3. November 6, 2009

    chandan said:

    Thank you for posting article on sponsored tweets. I have got one nice mail from sponsored tweets that they will pay $1000 for highest sender twitter.
    My Latest Blog Post: Promote your work at home business by article marketing


    • November 8, 2009

      Nicholas Cardot said:

      chandan –> I saw that as well but I have a feeling that there are probably a lot of people out there sending more referrals than we can come up with so I haven’t really been participating in that as much as I probably could.


      • November 9, 2009

        chandan said:

        But I am not able to send much referral on sponsored tweets. I think I have to write on post on sponsored tweets.


        • November 10, 2009

          Nicholas Cardot said:

          chandan –> That’s not a big deal. Sponsored tweets pays very little for their referral program. Very little. I’m rather disappointed actually. But I don’t mind referring people because I enjoy using the program and I figure that others will enjoy using it as well.


  4. November 6, 2009

    Dana @ Online Knowledge said:

    I do not come in to this game yet. But, surely will try these tips if i already use it.
    My Latest Blog Post: Atahualpa 3.4.4 Configuration


  5. November 6, 2009

    Tony said:

    Sponsored tweets? Do we really want to be exposed to even more advertising?
    My Latest Blog Post: Steve Jobs, “CEO of the Decade”, Talks About His Next Project


  6. November 6, 2009

    David | ilcantone.com said:

    Hi Nick,

    I’ve signed two weeks ago and I don’t have any offer yet. I was curious to know the reason and started to look for an answer. And guees what I found: My stats (my stream) on sponsored tweets (ST)is showing my info imperfectly.

    MY GRADE & RANK
    *According to ST: my grade is 27.7
    *According to twitter grader, original source of the info: my grade is 99.3 and my ranking is 36,903 out of 5,572,968.
    ->I’ve just signed to Klout.com.

    MY PRICE
    ST suggested price->4.47
    *According to ST: $2
    *According to me: $1 I only charge $1, 4 times less than suggested price.

    MY ratio 1.007
    My followers: for now: 3,977
    ———-

    What can I do? They are showing wrong stats. Why did they double the price I set?

    I’m going to send a mail to clarify it.
    My Latest Blog Post: ENTREPRENEURIAL CHALLENGE: How to Turn $5 Into $650 in 2 Hours


  7. November 6, 2009

    David | ilcantone.com said:

    By they way, would you mind to share with us how did you fill your settings and what are your weywords, maybe you’ve done something different and may help to optimize our settings too.

    Thanks Nicholas.

    Regards
    My Latest Blog Post: ENTREPRENEURIAL CHALLENGE: How to Turn $5 Into $650 in 2 Hours


  8. November 6, 2009

    ileane said:

    This is interesting and I’m glad you took the time to explain the business model. I’m not sure if I would want to earn money this way, but it’s good to know how it’s done.

    Keep up the good work Nick.

    Thanks.
    My Latest Blog Post: Posterous – Lifestreaming or Not?


  9. November 6, 2009

    Jay Medina said:

    Twitter is everywhere, Therefore Twitter has do deal with gaining more profit. Without it it can be hard for me.
    My Latest Blog Post: Cause a Stampede of Prospects With Three Magic Words, Part 3


  10. November 6, 2009

    John Samuel said:

    Right now I am not planning to jump into this.
    My Latest Blog Post: How to Spell Check the Subject of a Mail or Title of a Post?


  11. November 6, 2009

    Blake @ Props Blog Reviews said:

    I think the concept of sponsored tweets is just fine. Most advertisers won’t pay spam bots to tweet anyway because they have no influance.

    The people Lindsey dislikes are the affiliate marketer spammer. They are responsible for the vast majority of the spam on twitter.

    It is all just part of the game though. Any network that is powerful will have marketers.

    Just report the people spamming affiliate ads as spammers and move on.

    I believe as long as you are providing useful interesting tweets, your followers won’t mind a sponsored tweet here or there.
    My Latest Blog Post: Where Are Your Readers’ Eyes Going?


    • November 8, 2009

      Nicholas Cardot said:

      Blake @ Props Blog Reviews –> You’re right. I can’t imagine an advertiser to want a spammer to send out their message. I like the concept because I feel that with my current level of engagement with my followers, I’m able to offer real value to advertisers while at the same time not spamming my followers. I believe that I have a great balance going.


  12. November 6, 2009

    Gabe | freebloghelp.com said:

    There are a lot of problems with Twitter. As I wrote earlier this week (forget where), as long as we accept it for what it is, all we have to do is play within the etiquette rules of this game.

    If you treat Twitter as an extension of your or your blog, then you would use it just as you would any other medium. However, you can always experiment with another Twitter account that’s not “tied” to what you do every day.
    My Latest Blog Post: A blogger’s three month dilemma: burnout or refuel?


    • November 6, 2009

      Blake @ Props Blog Reviews said:

      I’m using two twitter accounts as well to do some tests and what not. I’m pretty happy with the results I’ve seen so far.

      What do you all think about how Guy Kawasaki uses two account, one for tweeting and one for replies in order to keep his main account clear? It seems practical, but I wonder if that makes him come across as engaging if you didn’t know he used two accounts?
      My Latest Blog Post: Where Are Your Readers’ Eyes Going?


      • November 6, 2009

        Gabe | freebloghelp.com said:

        I have several Twitter accounts but I use my “personal” one for my blogs. Most of my friends and I connect on FB and so not my Twitter followers.
        My Latest Blog Post: A blogger’s three month dilemma: burnout or refuel?


        • November 6, 2009

          Blake @ Props Blog Reviews said:

          I’m with you about using facebook to connect with personal friends. I think there is a little too much noise on Twitter. Facebook, even when you have a ton of friends, is a little easier to follow I think.

          I also think Facebook doesn’t have a tendency to keep you link chasing as bad. Rarely do I end up jumping page to page for hours while on Facebook… Twitter… that’s another story.

          I still think there is value in having a second account to reply to responses once you get a ton of personal replies. I think initially while building your account, responding from your main account is probably more appealing.

          Nick, what are your thoughts?
          My Latest Blog Post: Where Are Your Readers’ Eyes Going?


        • November 8, 2009

          Nicholas Cardot said:

          Gabe | freebloghelp.com –> I like the idea of having only one account but that is because I’m trying to brand myself first and my blog second. I want all of my online activities to reflect me so I have no need for different accounts for each blog.


      • November 8, 2009

        Nicholas Cardot said:

        Blake @ Props Blog Reviews –> I just use one account for both of those as I agree that people who only follow one account would find you engaging without providing value or providing value without engaging.


    • November 8, 2009

      Nicholas Cardot said:

      Gabe | freebloghelp.com –> That’s a unique idea. Creating a separate account to experiment with is a creative concept.


  13. November 6, 2009

    Ron Boracay said:

    Never tried sponsored tweets, but I might try it out soon when I reach certain numbers of followers. As of this moment, I am still on the process of growing my followers.

    Anyway, thanks for the details Nick, now I have basic knowledge how to earn money while tweeting (which is I am in love of).
    My Latest Blog Post: Two Seasons Boracay


  14. November 9, 2009

    jan geronimo said:

    So the trick with Sponsored Tweets is to set the your price lower than the ST valuation? I’ve registered so that a friend would have a chance of topping its top referrer contest. Uh oh, that’s why, I’m not getting any offers at all. It’s almost week since I registered. :)
    My Latest Blog Post: Read My Lips: Twitter Lists Are Meant to be Exclusionary


    • November 10, 2009

      Nicholas Cardot said:

      jan geronimo –> Yeah. It’s an open market so if others are marking their prices way below the suggested price then they are going to get hired more than you. We just have to be competitive if we want to get some of the action there.


  15. November 9, 2009

    Chris said:

    If I’m not mistake, Sponsored Tweets is part of the IZEA network which also includes Pay Per Post and Social Spark. I joined Sponsored Tweets about two months ago and so far have only been given two opportunities for a whopping $.40. My take on ST…It’s not worth the time or aggravation. There is a much better program out there called RevTwt. I’ve been making about $5-$10 per month with them, which isn’t bad for tweeting just three ads a day. The only thing they require to join is that you have more than 50 followers. Currently, I have about 1225.
    My Latest Blog Post: Free Web Hosting Is The Real Deal


    • November 10, 2009

      Nicholas Cardot said:

      Chris –> I just signed up and browsed through the RevTWT networks ads and all I could find was blatant spam. Let me give you an example: http://www.wallstreetgazettenews.com/

      At first glance it looks really legitimate. It actually looks like it’s from a website of a legitimate newspaper. Then you notice that the web address doesn’t match the title of the page. You notice that the weather in the sidebar doesn’t update or change. There are no dates anywhere on the page to be found so that page could be six years old or six days old. Comments are closed and the comments that are there are only positive reinforcements of the program. So either all the comments are fabricated (without actual dates, by the way) or they refuse to let through the plethora of negative reviews that got left on there. It seems pretty bogus.

      Then I looked through your twitter stream and noticed that you are linking to people like that. You are blantantly sending your followers to spam websites so that you can make $30 per month. In fact, I have to ask, do you try to add value at all to your readers or is it all about the money.

      You all can say that I’m unkind for saying this with such brutal honesty, but I believe that we can use programs like Sponsored Tweets to reward ourselves now and then without spamming our followers.

      Check out my twitter stream. You’ll find that I chat with people. I drop links related to my online presence: blog tips. And about every day or two I might post a sponsored tweet. I post about one link out of 20 or so of my tweets as a sponsored one. That’s not spam. That’s well within online etiquette.

      But you are posting almost exclusively just rubbish in hopes of making some extra cash from your human resources, aka your followers.

      My followers aren’t resources. Their friends and I value them.


  16. November 12, 2009

    Vinish said:

    I will join soon, but i have very low number of twitter followers. Thanks for sharing the information.
    My Latest Blog Post: Difference Between Cash and Trade Discount


  17. November 12, 2009

    nilantha said:

    i think join with your program, but i don’t understood program procedure.


  18. November 16, 2009

    Jim Clary said:

    I have just started using sponsored tweets and I have been fairly happy with it. I will agree that anything can be overdone, and it would result in just spamming your list if it was done everyday.

    They have not sent me too many requests, but you can always turn them down if they send too many.
    My Latest Blog Post: Top 5 Benefits Of Hosting Your Blog On Your Domain Name


  19. November 16, 2009

    ZXT said:

    Nick how are you doing so far with ST? $1 a day? Looks like ST is your 2nd best income aside from adsense.
    My Latest Blog Post: Manny Pacquiao Demolished Miguel Cotto


  20. January 13, 2010

    Don Gilbert said:

    I followed your link, and it said that Site Sketch no longer has an account for sponsored tweets – did you close it? Why? Would you no longer recommend this service?
    My Latest Blog Post: Top 10 Tips to Dominate Your Niche for SEO


  21. January 14, 2010

    Don Gilbert said:

    Hmm – I rechecked – and got a fail again.

    Check out the screenshot here:
    http://blog.ifbdesign.com/ss-st-error.png

    That’s what I got when I clicked the bit.ly link.
    My Latest Blog Post: Top 10 Tips to Dominate Your Niche for SEO


  22. February 2, 2010

    Ed said:

    Confused…Does SponsoredTweets advertise on your site? You are most likely making money off them advertising on your site than you using the site for a couple bucks…Yes or No…Just curious…