Is there money to made from twitter?. There has been so much hype about twitter I decided it was time to a test. So just a few facts first, at the time of the test my list was 6500 not to big and not to small. But all targeted followers within my internet marketing niche. Anyway lets get down to it.
To keep the test simple I decided that i would just tweet an affiliate link. That way, I did not put it anywhere else, I could see the stats from the affiliate site. What I tweeted was what I wrote was @ Matt Bacak and Shawn Casey together, what more could you want? to make money on line. Go here http://www.ipcgold.com/ad/2079/CD74819. I sent it out six times so to cover all time zones.
After the six tweets I had 36 clicks and no sales, which is a click rate of 0.005%. Oh yeah it was also done on a Saturday night . So what does this mean?
Well I believe that twitter at best is shotgun marketing. To explain shotgun marketing, it is shooting a wide blast and hoping the something runs into the bullet. I personally prefer sniper marketing, that is you see and know your target. Therefore with twitter, the reaction rate is low. Now you might say that this is only one test. You would be right, except for I have targeted my followers, most have used the term internet marketing, in their tweets at some point. So you would expect that I would get a large reaction, which did not happen. Lets look at some of the possibilities.
1. No one on line. Hey its social media and it was a Saturday night.
2. The tweet was poor, but its about two IM greats so you would imagine that this would be a big hit with my IM following.
The final reason is possible the most logical. People have some many tweets, they can only read some of them. I get over 1200 tweets every few minutes, I can’t read them all. So this is reducing the effectiveness of trying to make money on Twitter. But the reason it bombed was simple, not enough tweets. You need to tweet every few minutes to have a great campaign.
People buy from who they know; this is where twitter can help you greatly. By getting known, so create a relationship on Twitter. This is the best way I believe you can make money on Twitter. Oh sorry one other way, sell a course on making money on twitter.
Want to find out more about making money online, then visit Anthony Mc Carthy’s, the Irish Marketers site on how to choose the best internet marketing tips for your business.