With the announcement of Twitter launching an ad platform sometime in the very near future it got me thinking about a conversation we had at breakfast last month with a few of my IRL Twitter friends. We were discussing some of the ways Twitter could monetize itself. It was a very interesting, and somewhat heated conversation, on what people would tolerate or engage with. Now remember these people are all actively and successfully involved in social media to promote and grow their brand and their businesses. I seemed to hit a “hot spot” when I stated I would be willing to pay a small monthly fee for an enhanced Twitter account. Similar to the pricing platform that Linkedin utilizes. Now first let me emphatically state that I believe Twitter should remain a free platform – with open access for anyone and everyone. However, I do believe there is opportunity in offering enhanced accounts.
Here are some of the features I would like to see and would have value to me:
1) More interactive background
2) An enhanced Twitter profile where more data could be displayed
3) Enhanced searched features geared towards developing a more targeted audience you follow
Okay so I have indicated what I might be willing to pay for, what do you think? Would you pay for a premium account on Twitter? If so what features would be of value to you? OR do you think this is just a crazy idea??
The idea of Twitter is quite simple: bring the notion of mobile SMS to the internet. The cell phone market was detecting a steep decline in voice communication and a massive growth in text messaging and instant messaging.That’s why people today are now taking advantage of Twitter by advertising their products or to promote their businesses. You can even use Twitter to promote your web page or website in order for you to get targeted traffic flowing into your site and start making much money.
People who aren’t using twitter will have either not understand the major power of twitter or they might not be aware of its existence. Doing some research, you can get to know the positive and successful stories of twitter and their purpose in driving traffic towards your business