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The best ways to make money with Twitter
Unlike YouTube, Facebook, and even TikTok, there is no program on Twitter by which you can earn money as a content creator. You cannot monetize your videos or get a share of your advertising revenue on Twitter.
Fortunately, Twitter is implementing improvements in order to change that. Although there is still no revenue sharing model on the platform, there are some new features that will allow content creators to make money on the platform.
All of these features currently involve creators receiving payment directly from other Twitter users rather than the company and its advertisers.
Ways to make money with Twitter
There are 3 monetization models that Twitter has planned for content creators, including the following.
Tips (Tip Jar)
Tip Jar is basically a way for your followers to "tip" you through some of the most popular online payment platforms. In other words, if your followers like your content, you could “reward” yourself with a tip.
Just hit "Edit Profile" on your Twitter profile page. If the feature is available to you, you can activate tips right in that menu.
From there, you can configure the payment options for those who want to tip you. Currently Tip Jar works with Cash App, PayPal, Venmo, Patreon and Bandcamp.
Super Followers
In the event that you have 10,000 followers and you publish at least one tweet a day, you will be able to use this option.
Super Follows are Twitter's version of a subscription monetization model. Creators who have Super Follows activated can charge users a monthly fee for extra content.
Twitter allows creators to price their subscription at $ 2.99, $ 4.99, or $ 9.99. Creators take 97% of the revenue, until it reaches $ 50,000. From there, Twitter increases its share and creators take 80% of the revenue.
Twitter Spaces
Twitter Spaces is the platform-integrated version of the popular Clubhouse mobile application. It is basically a live audio chat and it has proven to be quite successful on Twitter in the few months it has been running on the platform.
In fact, the Spaces feature (which is free) has been so successful that Twitter has rolled out a monetization feature for it, which is why this feature is called " Ticketed Spaces." To request Ticketed Spaces management and charge for your Twitter Spaces events, simply click the "Monetization" button from the main menu, tap "Ticketed Spaces" and fill out the request.
Once everything is cleared up, you can charge between $ 1 and $ 999 per ticket for your Spaces event. Unlike a normal Spaces chat, in this one, the host person is in charge of limiting the number of people who can enter.
Other ways to make money with Twitter
We have already mentioned the means of “monetization” that Twitter has for content creators. However, this is not the only way you can get money through this social network.
Before Twitter implemented these enhancements so creators could be rewarded, there were other ways you could make money from your tweets. These forms are still valid and will generate a very good amount of money each month.
1. Affiliate Marketing
Affiliate marketing is one of the oldest ways you can make money online. This method simply consists of promoting other people's products (generally platforms such as Amazon or Aliexpress) in exchange for a commission for each sale.
If you have a good number of followers, generating money through this option is very possible. The amount of money you can earn from affiliate marketing can be anywhere from a few dollars to even thousands.
Nowadays, participating in an affiliate marketing platform is extremely simple. On platforms such as Amazon or eBay, all you have to do is sign up and you will be able to start advertising your products.
2. Sponsors
Many companies are looking for influencers who can promote their products or services. This is a very good way to generate income, since they pay by contract and not by sales. In this sense, even if the campaign is unsuccessful, you are going to get money for that content.
However, companies that promote themselves in this way tend to look for influencers with a large following. So this is probably not an option for everyone.
Generally, it is the company that looks for the influencer, however, you can also search for yourself and get in touch with them. Offer them your service and if you have the requirements they are looking for, surely you can have the opportunity to be their client.
3. Sell your Twitter account
This may seem like an unattractive option, especially if you have dedicated a lot to your account and are especially fond of it. However, selling your Twitter account can earn you a good amount of money. In general, companies or brands that are just starting out tend to buy accounts that already have an established audience.
Some can pay hundreds or thousands of dollars for a twitter account with a good number of followers.
4. Sell your own products or services
It is not necessary to wait to publish other people's products, if you have a service or product, what better way to promote it than on your own account. This applies to anything you sell, by posting it to your tweeter, you will get a greater view and this can translate into greater sales opportunities.
Also, since it is your account, you will not have to pay others for the promotion.
