No one would likely say “no” to another income source especially when it isn’t so difficult to make money.
Since the launch of Twitter in 2006, they have grown from a few users to over 200 million users on the platform. They probably have about a quarter of Facebook users. However, they remain a strong preference for professional bodies and politicians.
With such a huge user base, a lot of people have leveraged this platform to make money. However, we want to focus on some of the untapped ways to make money from Twitter and how you can start using them immediately.
Table of contents
Can You Make Money on Twitter?
When you have a platform that has over 300 million users, monetization is possible. Twitter has helped users reach a wide base of people through advertising campaigns.
You can make money on Twitter by running an ad campaign for your products and managing Twitter pages for organizations in addition to influencer marketing. Although getting this done does not come easy, it yields profitable rewards.
How many Followers Do You Need to Make Money on Twitter?
Growing your Twitter following is not easy. You would have to dedicate serious time to engaging with your audience and creating likable content. Another way would be to spend money on ads that are not very budget-friendly.
However, to answer the question, you need to have at least 10,000 followers on Twitter for you to make some money. It takes a lot of work, but the result is worthwhile.
How Do Twitter Ads Work?
Twitter ads work in diverse ways, and I will be listing them. These ways include:
Stories Ads: This is one of the recent advert sections introduced into Twitter. In this section, you can view the stories of users that you follow, and ads come in intermittently.
News Feed Ads: These ads show up on the News Feed of the application. As users view tweets, they come across them as well.
Search Box Ads: This type of ad shows up in the section of “Trends.” So, immediately a user visits the section of the application wherein he/she can see a trend, they see these adverts as well.
9 Untapped Ways to Make Money from Twitter in 2023
In this section, I will discuss nine of the untapped ways to make money from Twitter.
1. Promote Affiliate Products
Affiliate marketing is one of the biggest markets that has helped a lot of people. Today, you can leverage a lot of platforms to sell products to interested customers. Although most systems can give you a target to achieve, you usually work at your own pace.
With Twitter’s growing user base and its current millions of users, promoting affiliate products on this app is one of the ways to make money on Twitter.
2. Promote Your Products
While promoting affiliate products, you can still promote your personal products. Twitter doesn’t set a limitation on the number of products you can promote.
Promoting your own product eliminates commissions which leads to higher profit margins.
3. Generate Website Traffic
Seeing huge traffic move to your website is orgasmic. You’re happy cause you know how effective the impressions can be on advert blocks you have.
Twitter, with its wide user base, can help draw traffic to your website. And its effectiveness has been proven countless times.
People who read this content, end up reading 10 Untapped Ways To Make Money From eBooks in 2023. Check it Out
4. Build an Email List
Email lists have proven to possess the highest lead-to-customer conversion rate. According to Barilliance, the average conversation rate of an email is 15.11% unlike that of social media which pegs at 0.71%.
But building an email list means you generate a good number of leads and you need a platform like Twitter to help you build it.
All you need to do is create an offer and get a lot of people to register with their emails. You collect them and add them to your email list.
5. Create Twitter Ads
Ads work. The algorithm is created intentionally to give ads the best return on investment. So, running an ad is a great way to sell and make money on Twitter.
The great thing about ads is the flexibility it gives you – you can run an ad using your budget and time frame.
6. Run Giveaways
You don’t make money if you’ve not spent money. Considering the global poverty rates rising, the demand for quick and easy money sets high on a scale.
By anchoring giveaways, you will draw a lot of followers which will help you build your influence on the platform. So if you haven’t been considering it, you better start.
7. Hold Contests
Competitions or Contests usually draw a lot of people. Leveraging Twitter, you can organize a lot of contests that wouldn’t require these individuals to be physically present.
For every contest, you grow your following, welcome advertisers, and even sell your products as well. It’s a central point and a sure untapped way to make money from Twitter.
8. Provide Quality Customer Service
Big organizations spend a lot training their staff on customer service relations. Most times, these staff members still fall through and make a mess of the whole process.
If you truly have some customer service skills, you can extend an offer to help companies attend to their customers. Although most companies are inclined to AI, nothing beats human relations.
9. Become an Influencer
Becoming an influencer on the Twitter platform is not an easy task. You will need to grow a strong following and some of the strategies for building you following don’t agree with the app’s algorithm.
A lot of Twitter influencers either built them following through giveaways or because they’re notably popular for doing something.
As an influencer, different brands patronize you with demands for you to help them advertise. You can charge for any advert depending on your rates. Indeed, becoming an influencer is one untapped way to make money on Twitter.
Conclusion
Twitter remains a formidable social networking platform connecting millions in the world today. And their growth projections continue to soar with each coming year.
Building a strong Twitter presence can help much more than you can imagine.
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