Slashdot Mirror
Twitter To Add Money-Making Features
dreemteem writes "Twitter co-founder Biz Stone told reporters in Mexico City this week that the company expects to add revenue-generating features to the micro-blogging site in the fourth quarter, according to a report from Bloomberg.com."
they will become an irrelevent has-been 2 weeks later.
So this will basically be used to decide when to astroturf.
Caveat Utilitor
140 cents should be enough for everybody.
I used to write content for a cellular company that would feed out horoscopes & erotic content to users for a monthly fee. Wasn't quite a Miss Cleo, lol, I would generally try to throw out good, general everyday advice with a little I-Ching/Tarot/etc.., thrown into the mix while under a sort of Yeat's like automatic writing trance. The erotic content was a lot more fun, sort of a voyuer thing, was probably some of the best money I ever made, while also having fun. Miss it, wonder if I might be able to wring in something with twitter this way... Maybe I should RTFA more though, but, always nice to get a post in.
I've never understood how Social Networking sites made enough money off of JUST advertising. Maintaining a website once it reaches popularity is a costly venture.
lol, microfinance @ it's best. Bring back the ole office space/superman trick!
except Twitter.
So, the article says that they'll offer a "dashboard" which companies can use to see what users are twittering about them. How is this different from just putting a company name into the search box?
Also, the free Twitter API already allows for interesting data mining. For example, this little site monitors the popularity of the political parties in Germany: Wahlgetwitter. The users just write #Piratenpartei+ or #CDU- to show which party they like or not.
The worst thing this announcement could mean is that they'll charge for the API or exclude businesses from the search function.
commercial suicide
then I guess this one has been in the cooker all along
Allow people to pay money to deliver electrical shocks to celebrities every time they "tweet" something stupid. They could make millions in a matter of minutes.
Super Disco, Disco Breakin'!
Bow-ties are cool.
Allow messages over 140 characters, but charge $0.05 for them. They may still want to limit the size to avoid people writing novels, but they can set a limit for paid messages at 500 chars or so.
"Just last spring, Stone told Computerworld that since the company has plenty of venture capital funds available, there's no rush to create a business plan focused on generating profits. "
Sounds like a great time to launch an IPO!
Of course, posting witty comments in Slashdot contributes way more to humanity.
Most people think tweeters just post where they are or what they are doing. A great number of people use twitter for publishing their opinions and interesting articles. It is not very different of Slashdot, it's just not topic-oriented and has a limit of 140 characters per post, what doesn't stop anyone from from making several posts or linking to a blog where the opinion is better explained.
How irrelevant the "tweet" is depends on the person.
Several news sources and stores also have twitter accounts, so the people can subscribe to them easier than they would with a RSS news reader. While some might argue they don't need it, it groups all the information in a format which is easier to read and makes any link you might want follow readily available.
The good, the evil and the vacuum tubes.
Am i late for the Twitter bashing thread? i want to stay trendy, but i can't jump on someone else's train if it's left the station.
Um. Twitter is just persistent IRC. It's feeding teen narcissism. 140 characters? Are they kidding? Twitter? More like shitter!
Am i doing this right?
Utilizing the synergization of benchmark e-solutions to pre-workaround action items!
The bubble is complete!
The dotcom bubble 2.0 is FINALLY complete!
Now we just need to wait for all those midlife-crisis managers rushing to invest in it...
P.S.: I guess it's the Internet's natural cycle of selection, weeding out the idiots. ;)
Any sufficiently advanced intelligence is indistinguishable from stupidity.
Damn inflation, I remember when you used to be able to give an opinion for 2 cents!
There's an app for that
Damn inflation, I remember when you used to be able to give an opinion for 2 cents!
I take it you've never studied economics. Instead of boring you with lots of technical terminology and theory, I'll restrict my comments to real world transactions and use commonly understood terms.
In the marketplace of ideas, opinions typically come in two forms. The first is worth 5 cents (as in "Not worth a plug nickel"), and the latter is a premium product valued at 10 cents ("I wish I had a dime for every time ..."). And like in all markets, there are "wholesale" prices and "retail" prices. Those numbers represent the retail prices.
When exchanging goods or services, there is an underlying cost for each transaction that must be bourne by one or more of the participants. The difference between 10 cents and your two cent idea is, of course eight cents. This is the "markup" or "overhead".
Put simply, when you manufacture your idea, its wholesale price is two cents, but is sold in the marketplace at either 5 or 10 cents. Small amounts, to be sure, but that doesn't prevent entrepreneurial resellers from making much more, or for those with sufficient legal resources, from securing a patent and making millions!
My idea (for this post) was similarly worth two cents. That's not to say, however, that in the marketplace of ideas known as Slashdot, the laws of supply and demand don't apply. That means that there's high probability it will end up being worth zero cents. Or to use the English formative of Latin origin, nonsense.
wtf is twitter
Twitter to add money-making features? Twitter is a marketing tool which happens to be abused by teenagers who want the world to know when they're taking a dump and what kind of stool samples they've produced. It's an RSS on steroids. This story is basically saying Steinway & Sons to Add Music Making Features
Doesn't Twitter already have a money-making venture in the kickbacks they obviously get from major wireless providers thanks to their explicit refusal to work with smaller regional providers?
The world is round, and we are in an economic crisis.
How is this news how Twitter is still pretending to be the dot com boom, where you can operate for a few years with ZERO revenue. Adoption rates, and usefullness are going down quickly with no way to monetize without breaking core functionality. Jumping the shark in t minus 4 months.
Now if he said how they plan to monetize that would be news, it is no secret they need to start making money and fast, the investors must be getting really really pissy currently.
---In a time of Chimpanzees I was a Monkey.
People are usually only willing to give a penny for your thoughts.
Actually, I was thinking more like micro-payments to post longer tweets like 180 and 200 characters, or the additional of a thumbnail graphic. Unlike many of you, I'd love to see Twitter pull this off.
I use it for promotion uses only have 1100+ followers (most just bots) cant get more than 2000 following due to restrictions until I get more followers. Im not sure if it really works at all, I havent seen any increase in website traffic nor forum registration. Hell my forums allow guests to post and play the arcade without registering still no increase due to twitter lol. Upside is its free, I have a bot/app (w/e twitter calls it) that allows me to spam out msgs to promote my site (or say w/e u like) every 3hrs or so. So it might bring in people and I am just unaware of it.... either way I guess since its free its cool but real value of twitter I am unaware of any... unless my site is useless and has no value which also may be very true lol.
Visit my Forums?
I think the free accounts in twitter should be allowed to have up to 140,000 followers, but if you want more followers then you will have to pay $140 per month to maintain your account. People with over 140,000 followers on twitter are either using it to make money or they are millionaires.