If you are an twitter user with lots of followers Twittad might be just the thing for you to make some money from your twitter account. After signing up for the service advertisers can buy an ad slot in your twitter profile. Then the Twittad gives you a new template for your Twitter page which displays the advertisement. You can set the prize you want and giving a reasonable and a fair prize increases your chances of getting a bid ( in case that is not obvious ). Will this new service make you a heap of money ? If you have a lot of followers you might have a chance , some profiles are priced at 250$ for a week , although nobody had bought them yet 
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The first thing that came to my mind when I heard about this service is how many people are actually visiting the profile to see there Tweets. I might not a twitter addict but I consider myself a active Twitter user , I check my Tweets everyday and reply to some but I never visit my profile to do that , I do it with Twhirl , Infact I don't think I went to my Twitter page for a week or so. Check out any active Twitter page and you can see most of the active Tweeters does there tweeting through some software, It could be TwitterFeed , Twhril , HelloTxt or any other software but the point is hardly anyone do there updates via Web. So if you are an advertiser looking to advertise in a profile chances of someone seeing your ad is pretty slim.
Signing up for the service is very easy and since I don't visit my Twitter page often I don't mind showing an ad in my profile. At the moment I'm selling at 1$ per week and the worst thing that can happen is someon buying an ad and making me some money. There are argument that you will lost your followers if you start displaying ads , but I don't think that will happen simply because not many view there Tweets through some software. It might have an impact in getting new followers though , because ads are something that scares away people. What do you think of the Twittad , do you think showing ads in your profile will lead to you loosing followers ? Feel free to share them in the comment section.
Thanks for the post about Twittad. You bring up a very good point about how we dont know how many people visit the actual page of the Twitter users.
When you send a DM (Direct Message) through Twitter you also see the background image of the person you are sending the message to. So that is one more spot for the advertisers to get an “eye-ball”
As Twitter evolves is it my belief that they will build a community where the users profile pages will become more interactive. Adding applications, more links for users to post, etc. If this happens, and we are able to get the traffic stats for individual profile pages then we might have a good advertising network.
We are working to update many things on this first version of Twittad.com. Including the ability to give advertisers a demographic of Twitter users that are selling on Twittad.
Regards,
James Eliason
President/CEO Twittad.com
We think Adjix will appeal to the same audience as Twittad since it’s been described as a way to monetize Twitter: http://adjix.com/h397
- Joe
President
Adjix
@James,
To my understanding if you use some a software like Twhirl you can send and view direct messages without going to the Twitter page. But I agree as Twitter evolves it might add more interactive application that might lead you to your Twitter page. Good luck in your future work.
@joemoreno,
Checked out your post , looks like another good way to monetize twitter
Thank you for sharing this idea on how to monetize with twitter. I love to follow this!
Thank you for sharing this idea on how to monetize with twitter. I love to follow this!