Tweetbucks - Tweet Your Way to the Bank?
It does not take long looking at people’s tweets trying to sell bad informational products and how to turn Twitter into a traffic machine that people are trying hard to make money using Twitter. Affiliate marketing is not new to Twitter, and has now gotten easier for the regular Twitter user. If people were not used to the world of affiliate marketing then getting started in affiliate marketing using Twitter is a lot of work. You need to find products to promote, sign up for programs, get accepted all the while building your following on Twitter so you have someone to promote your affiliate programs too. With Tweetbucks the average Twitter user no longer has to work quite so hard to start promoting affiliate products using Twitter.
The process is simple really. Tweetbucks has partnered with thousands of affiliate programs already. When you are browsing an ecommerce site, like TigerDirect for example, and you find a product you are thinking of getting or want to promote you simply copy the URL into Tweetbucks and it will search for an affiliate relationship and create a shortened Bit.ly link for you to use on Twitter. For example I was recently looking at 24” LCD monitors. One of the monitors I like is the Viewsonic 24” LCD. I copy the URL into Tweetbucks, and it creates an affiliate link for me to use on Twitter.
Tweetbucks pays using PayPal with a minimum payout of only $25.00. How long it takes you to reach the payout will depend on how many people actually buy something when you click through your link. If you have a huge following it might not be hard. They are even giving new sign ups $5.00 to start you off so you only need to make an extra $20.00 to get your first payout.
There is a cost to using Tweetbucks though, you do not make 100% of the affiliate commission. For every sale you make 70% of the commission and Tweetbucks keeps 30%. Not a bad commission for them considering they have to maintain the relationships with the affiliate partners. It could make a few extra dollars in your pocket every month.
Tweetbucks makes it easy for anyone using Twitter to start adding affiliate links to their tweets. If you occasionally tweet a product that you want or that you bought it might make you a few dollars. If you are continually spamming Twitter with affiliate links you will quickly lose followers and not make much. I know that some people will be up in arms about the fact that people would use affiliate links on Twitter. There is a difference between people spamming Twitter with their affiliate links and those that are genuine about the products and services they use. I have used the occasional affiliate link on Twitter and it can be an effective way of creating more sales, but again I use it sparingly.
What do you think? Would you use Tweetbucks to let your followers know about products and services you use?
Comments
Cassie
I heard of Tweetbucks before but didn't know how it worked until I read this post. Now that I know, I think it could be good for certain users but I would personally stay away from it. I have a lot of marketers as followers and even though they sell to other people, they always get all worked up when they are being sold to. They can also spot an affiliate link a mile away. I'll stick to linking to my own site for now. <abbr><em>Cassie’s last blog post..<a href="http://feedproxy.google.com/~r/MamasOnTheWeb/~3/mldGFfgpu78/" rel="nofollow">Make Money By Giving Away Special Reports</a></abbr></em>
Sadie
I recently joined twitter, still a bit dazed about how to use it...but everyone is talking about tweeting...so I thought I would give it shot. I was wondering if tweetbucks was a branch of twitter and if it isn't how does twitter benefit from all of the sales that are made through postings on their site...? [rq=6684,0,blog][/rq]<a href="http://musingsmeanderingsandmore.info/my-private-library/" rel="nofollow">-My Private Library</a>
Jacob Peacock
This is a really awesome and useful service for anyone who finds them self shortening a lot of URLs and needs to have quality statistics and reports. The fact that there is a 5.00 sign on bonus and that there is a wide range of merchant affiliates integrated into the service is convenient also. I am looking forward to how this service develops in the future and I believe that it is off to a great start. I think that once an API for this service is released that we will really see it's true potential for developers, marketers, merchants, and end-users. So far I have really been enjoying this service.
LGR
Twitter can be confusing at first, but once you start to follow and have a few followers it becomes more fun as you have conversations with people. Some people only broadcast themselves, but I find it is much more useful as a conversational tool. It is also great for sharing links and things you find interesting on the web. As for Tweetbucks, they are not a part of Twitter, just built on top of Twitter. Twitter makes no money from them at all, unless Tweetbucks starts to advertise on Twitter then Twitter might make a few dollars. Twitter is still trying to figure out how to make money. Tweetbucks thinks they have a way. It is a long story.
LGR
Have you made any money with it? Just wondering.
Jacob Peacock
Your Account Balance Balance Your cleared balance = $5.00 Your estimated balance = $1.3200 Total estimated balance = $6.3200 Transaction History Date Amount Memo 28-05-2009 5.0 Signup Bonus