How does Twitter make money?

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  • JenC
    Confirmed User
    • Jun 2002
    • 515

    #1

    How does Twitter make money?

    They have no ads and it's a free service. I can't figure out how they monetize their site. Any speculation? Someone has suggested to me that they may get a cut of the SMS fees that people pay to Tweet from their phones, but I pay no SMS fees to Tweet. (then again I have an iPhone with an unlimited data plan)

    Anyone have any theories?
  • Machete_
    WINNING!
    • Oct 2002
    • 14579

    #2
    They make money selling the userinfo

    Comment

    • Ava Knight
      Confirmed User
      • May 2007
      • 173

      #3
      It doesn't
      AvaKnight.com

      brought to you by ThatOneProgram.com where the jokes are self-referential

      Comment

      • gwidomains
        Confirmed User
        • May 2007
        • 426

        #4
        They make money by selling the whole service to someone, who will then have to worry about how they make money.

        Comment

        • DateDoc
          Outside looking in.
          • Feb 2005
          • 14243

          #5
          Right now - from investors giving them money.

          Comment

          • JenC
            Confirmed User
            • Jun 2002
            • 515

            #6
            Originally posted by KrisH
            They make money selling the userinfo
            This makes the most sense. It's surprising as popular as it is, that fact has not come out in the newsmedia.

            Comment

            • JenC
              Confirmed User
              • Jun 2002
              • 515

              #7
              From their Privacy Policy:

              Use of Contact Information In addition, we may use your contact information to market to you, and provide you with information about, our products and services, including but not limited to our Service. If you decide at any time that you no longer wish to receive such information or communications from us, please follow the unsubscribe instructions provided in any of the communications.

              Comment

              • mynameisjim
                Confirmed User
                • Aug 2007
                • 2985

                #8
                Twitter has been very public about the fact that they don't make any money. They don't sell anything right now.
                jim (at) amateursconvert . com Amateurs Convert

                Comment

                • clickhappy
                  Confirmed User
                  • Mar 2004
                  • 4027

                  #9
                  in 2 years Microsoft will probably buy it for $250million. And thats how they will make their money

                  Comment

                  • Sharky
                    Confirmed User
                    • Mar 2002
                    • 4938

                    #10
                    Twitter doesn't wantr to sell anytime soon. Soon they will be selling marketing platforms for working within their network.

                    How can Wal-Mart monetize twitter?
                    How can wal-mart organize the posts made to them.

                    Right now its very tough to organize. If Twitter develops its own internal system for corp giants to use their service the best.. Those giants will pay dearly for it.
                    Sharky

                    Comment

                    • ProG
                      Confirmed User
                      • Apr 2009
                      • 1319

                      #11
                      classic data mining. you are profiled by what you say or who you "follow" and sold to the highest bidder
                      History will be kind to me for I intend to write it.

                      Comment

                      • woj
                        <&(©¿©)&>
                        • Jul 2002
                        • 47880

                        #12
                        Originally posted by Ava Knight
                        It doesn't
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                        • FreeHugeMovies
                          Too lazy to set a custom title
                          • Dec 2001
                          • 14142

                          #13
                          How does the Hun man money?

                          Comment

                          • Agent 488
                            Registered User
                            • Feb 2006
                            • 22511

                            #14
                            they don't. the usual silicon valley pump and dump.

                            Comment

                            • PornMD
                              Mainstream Businessman
                              • Jan 2007
                              • 9291

                              #15
                              They won't sell until they're nestled next to Facebook in Alexa top 5 - which probably will be within a year (assuming Facebook doesn't move past Yahoo by then which it may well do). They'll be getting multi-billion dollar offers at that time, which will be a lot harder to say no to.

                              Want to crush it in mainstream with Facebook ads? Hit me up.

                              Comment

                              • EthnicLover
                                Confirmed User
                                • Feb 2007
                                • 1584

                                #16
                                Forget about how Twitter makes money, get an account and start tweeting before its too late.


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                                Comment

                                • mynameisjim
                                  Confirmed User
                                  • Aug 2007
                                  • 2985

                                  #17
                                  Twitter is going to have a much shorter shelf life than any of the other social sites. The metrics show that over 70% of the users totally quit following or tweeting after 30 days or less.

                                  Facebook will be around till the next big site comes out, but Twitter will fade pretty quick. The numbers just don't support any growth.
                                  jim (at) amateursconvert . com Amateurs Convert

                                  Comment

                                  • Paul Markham
                                    Too old to care
                                    • Jun 2001
                                    • 52942

                                    #18
                                    Will they survive the next few years?

                                    Investors might start looking at the ROI in today's economic climate.

                                    Further proof that traffic alone is not the answer. You have to make a profit from the traffic.



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                                    Comment

                                    • Houdini
                                      Confirmed User
                                      • Dec 2001
                                      • 1651

                                      #19
                                      This is how Twitter is going to make money and I predict they hit 9 figures next year.

                                      http://blogs.wsj.com/digits/2009/07/...possibilities/

                                      Comment

                                      • Paul Markham
                                        Too old to care
                                        • Jun 2001
                                        • 52942

                                        #20
                                        Originally posted by Houdini
                                        This is how Twitter is going to make money and I predict they hit 9 figures next year.

                                        http://blogs.wsj.com/digits/2009/07/...possibilities/
                                        It's amazing how people in investing in a company can make such a big mistake.

                                        Conway, speaking at a TechCrunch conference Friday about Twitter and related companies, compared Twitter to Google Inc. in its early days and said there are sizable revenue opportunities around ?now media? ? a range of start-ups that build on Twitter?s real-time communication.
                                        The difference is people go to Google to find information and get adverts related to their search. People on Twitter are looking to pass time and don't have any specific need most of the time. Two totally different types of advertising.

                                        Another attendee, News Corp. CEO Rupert Murdoch, earlier in the week told TheStreet.com that Twitter ?is an amazing phenomenon but I have no idea how they can monetize it. No one monetizes the Web today to any extent other than search.?
                                        A much brighter answer.
                                        Last edited by Paul Markham; 07-24-2009, 09:54 PM.



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                                        • fatfoo
                                          ICQ:649699063
                                          • Mar 2003
                                          • 27763

                                          #21
                                          I have no idea. From banner sponsors?
                                          Send me an email: [email protected]

                                          Comment

                                          • EscortBiz
                                            Fuck Checks, CASH only!
                                            • May 2002
                                            • 19422

                                            #22
                                            only a fool would gets caught up in the hype and stops looking at facts, hence why most here dont have two pennies to rub together

                                            twitter in a year from now will be laughable, in 3 years from now people will be embarrassed to admit they once used the site.

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                                            • Paul Markham
                                              Too old to care
                                              • Jun 2001
                                              • 52942

                                              #23
                                              Originally posted by EscortBiz
                                              only a fool would gets caught up in the hype and stops looking at facts, hence why most here dont have two pennies to rub together

                                              twitter in a year from now will be laughable, in 3 years from now people will be embarrassed to admit they once used the site.
                                              Very true. I wonder what other similar sites will be history in a few years.



                                              Blowout deal. 880 videos, 2,400 image sets, plus many RAW videos. $500.
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                                              Comment

                                              • Houdini
                                                Confirmed User
                                                • Dec 2001
                                                • 1651

                                                #24
                                                Originally posted by Paul Markham
                                                The difference is people go to Google to find information and get adverts related to their search. People on Twitter are looking to pass time and don't have any specific need most of the time. Two totally different types of advertising.
                                                Plenty are just "passing time" on Google as well. I agree that there's a difference in someone searching in Google and someone searching Twitter, but take a look at search.twitter.com. Twitter's the only real time "search" out there. No, it's not web pages, but it's what people are talking about IN REAL TIME. That's pretty amazing if you think about it. What other site can archive conversation or blurbs in real time among millions and millions of people all over the world. Search engines can't come close. When news hits, regardless of the size. i.e., Michael Jackson Dead or Car Accident 101 Freeway, search twitter and see how many results you get. Then type that in Google, excluding the news section and see what you find. Usually Zilch, because they can't crawl that fast. Especially for local news or events, it can beat almost any content site out there.

                                                And ads on Twitter, could actually be a higher converter than google!? How? Say you type insurance in google and you land on a sales web site desperately trying to get you to click on an affiliate link with little information on the user experience about the company. Or say you type in insurance in Twitter and you have a real person, talking about a good experience at Gieco. There just happens to be a Geico ad right below the post, where the reader wants to see more. It's like a real time review. That's just one possibility on how you could target ads. Companies are making money off it too, Dell has reported they've made $3 million from it. http://www.wired.com/epicenter/2009/...y-off-twitter/. Don't you sell anything? You can't use the extra traffic?

                                                Originally posted by Paul Markham
                                                Another attendee, News Corp. CEO Rupert Murdoch, earlier in the week told TheStreet.com that Twitter ?is an amazing phenomenon but I have no idea how they can monetize it. No one monetizes the Web today to any extent other than search.
                                                I wouldn't expect Murdoch to have anything positive to say about sites that compete with myspace. He trashed Facebook too back in the day and watched his users switch and his traffic plummet.

                                                In any case, I'm going to bump this thread in a year and it'll be interesting to see what happened.

                                                Comment

                                                • Elixir
                                                  CHECK MY SIG-AMAZING SITE
                                                  • May 2006
                                                  • 12870

                                                  #25
                                                  Originally posted by KrisH
                                                  They make money selling the userinfo
                                                  damn thats good idea
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                                                  Comment

                                                  • Lorna Morgan
                                                    Registered User
                                                    • Jul 2009
                                                    • 12

                                                    #26
                                                    Originally posted by Houdini
                                                    take a look at search.twitter.com. Twitter's the only real time "search" out there. No, it's not web pages, but it's what people are talking about IN REAL TIME. That's pretty amazing if you think about it.
                                                    Spot on my man
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                                                    • bbobby86
                                                      partners.sexier.com
                                                      • Jan 2007
                                                      • 11926

                                                      #27
                                                      i don`t know...

                                                      Comment

                                                      • nolongerexists
                                                        Confirmed User
                                                        • Apr 2003
                                                        • 1096

                                                        #28
                                                        yea quite amazing, example from their suggested search for "jay z"
                                                        http://search.twitter.com/search?q=Jay-Z
                                                        no informative data at all, just some random bullshit

                                                        the idea of real time search is great but what people post is a different matter.
                                                        work smart not hard ;)

                                                        Comment

                                                        • madawgz
                                                          8.8.8.8
                                                          • Mar 2006
                                                          • 30509

                                                          #29
                                                          Originally posted by KrisH
                                                          They make money selling the userinfo


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