Friday, January 16, 2009

How Twitter will (not) make money

1. Twitter cannot make money because there are not enough scoops on plane crashes and terror attacks happening on a daily basis around this 'pale blue dot' called Earth. A Twitter from a plane passenger do not a Citizen Journalism make.

2. Twitter cannot make money because try one might, the world cannot be on one single page.

3. Twitter cannot make money because friends cannot be bought. Twitter Users would not will 'sell friend connections between users and companies wanting to communicate with them'. Those of us who would, are not quite the demographic advertisers are looking for. Remember when out of work people clicked on ads for money? Remember Facebook beacon? It was going to 'change the world'.

Twitter will make money when someone like Google buys it, integrating Twitter with Gmail.

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8 Comments:

At 9:56 PM , Blogger George Nimeh said...

You're right, mate.

Spot-on.

 
At 2:33 PM , Anonymous Jayanta Bhattacharya said...

Can't agree more. The integration of Twitter with Gmail may be a killer of an idea. Independently, Twitter can't make money.

 
At 3:20 PM , Anonymous Millionaire Maker said...

i have another killer idea for money making i.e. the affiliated marketing

These are forms of Internet advertising that rewards the affiliates for driving traffic to the advertiser or for other transactions.

 
At 7:19 PM , Blogger edwina said...

Twitter's owners haven't cut a deal to get a slice of all that SMS traffic. We are talking enormous revenues being generated by the phone companies. As Jason Devitt pointed out after watching Steve Jobs demonstrate iChat running on the iPhone, a 30 character message at 15c per message works out at a mind-boggling Five Thousand Dollars per Megabyte (hat-tip to Foneshow's Erik Schwartz). The normal business model is that providers pay a fee for the incoming message but recoup that cost with a slice of what subscribers pay to receive outgoing messages. If that's the case, then Twitter is already making huge profits since most messages posted to the site have multiple subscribers.
---------------------
edwina
resumes

 
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