Everyone likes free stuff.

Cheers

Ciaran

You would be surprised at how many people use twitter as their main focus of their marketing, just have a look at what courses there is out on the marketplace solely dedicted to twitter. An internet marketer like yourself is well aware of the benefits of having alot of marketing mediums to get their message across to the marketplace but the amount of new marketers that have been duped into thinking that twitter is the new, teh best and really the only place to market has sadly exploded.

In terms of what I mean by Twitter not monetizing…

They do not currently have a form of income bar selling search engine results to larger search engines. At present they are looking into an ad network format where people will be able to buy ads on their search facility, but from what I have read it doesnt seem like too much.

Twitter most likely has quite an amount of operating expense seeing as it does have about 75 million users, i dont know the ins and out of technical ops that goes into teh back end, but i dont think it is cheap.

In terms of keeping it going just for the heck of it, who knows, there has been a massive decline in its use as followers are being diluted more and more with all the new “add me” softwares.

Also twitter has a huge drop off rate of about 60% after the first month which means that they are finding it hard to keep people on board.

According to Neilsen research:

Twitter’s() retention rate compared to Facebook() and MySpace() in the early days is not very good.

“Compare it to the two heavily-touted behemoths of social networking when they were just starting out…we found that even when Facebook and MySpace were emerging networks like Twitter is now, their retention rates were twice as high. When they went through their explosive growth phases, that retention only went up, and both sit at nearly 70 percent today.”

I know this is a bit of an old post (10 months) but it does beg the question, does twitter have life?

All we have to do is wait and see Joseph,

If you are still doing great with it then you keep going on it, and what i did mention in my post is to start looking at different avenues, so that the people who are solely on twitter need to start looking elsewhere.

Cheers for the great comment

Ciaran

You would be surprised at how many people use twitter as their main focus of their marketing, just have a look at what courses there is out on the marketplace solely dedicted to twitter. An internet marketer like yourself is well aware of the benefits of having alot of marketing mediums to get their message across to the marketplace but the amount of new marketers that have been duped into thinking that twitter is the new, teh best and really the only place to market has sadly exploded.

In terms of what I mean by Twitter not monetizing…

They do not currently have a form of income bar selling search engine results to larger search engines. At present they are looking into an ad network format where people will be able to buy ads on their search facility, but from what I have read it doesnt seem like too much.

Twitter most likely has quite an amount of operating expense seeing as it does have about 75 million users, i dont know the ins and out of technical ops that goes into teh back end, but i dont think it is cheap.

In terms of keeping it going just for the heck of it, who knows, there has been a massive decline in its use as followers are being diluted more and more with all the new “add me” softwares.

Also twitter has a huge drop off rate of about 60% after the first month which means that they are finding it hard to keep people on board.

According to Neilsen research:

Twitter’s() retention rate compared to Facebook() and MySpace() in the early days is not very good.

“Compare it to the two heavily-touted behemoths of social networking when they were just starting out…we found that even when Facebook and MySpace were emerging networks like Twitter is now, their retention rates were twice as high. When they went through their explosive growth phases, that retention only went up, and both sit at nearly 70 percent today.”

I know this is a bit of an old post (10 months) but it does beg the question, does twitter have life?

All we have to do is wait and see Joseph,

If you are still doing great with it then you keep going on it, and what i did mention in my post is to start looking at different avenues, so that the people who are solely on twitter need to start looking elsewhere.

Cheers for the great comment

Ciaran

Well @freshbooks did a giveaway where they were giving out prizes every 15 minutes just before valentine's day if you told them why you love your gig. I told them and won a flip that's branded with their logo – pretty cool.

And @tassimocanada was giving away a bunch of their machines, you just had to tweet that you wanted one to the twitter person assigned to give them away (in my case @ErinBlaskie had a few she was authorized to give away).

They were pretty cool uses of twitter and I definitely am a happy camper in regards to how much I love Tassimo and Freshbooks, lol.

hmmm… seems this might be turning into a blog post of my own about using twitter for giveaways

Great, i have never thought of it as a way to win prizes, I suppose people are trying to find ways in which they can monetize their posts and giveaways is obviously working for them…

Let me know what you have been looking at

Cheers

Ciaran

I've recently found Twitter to be very useful for winning stuff! I just won a Flip Mino and a few months ago I won a Tassimo Coffee maker plus about $100 worth of coffee. So twitter is definitely still my friend. I do use it for getting links out to my site but definitely don't count on it as a main promotional tool.

What do you mean “if Twitter cannot monetize what they are doing they will go under”? Last night,Craig Fergurson and Lauren Graham were going on and on about Twitter. I don't see how anything that popular can't be worth a lot. Somebody will offer a lot of money to buy Twitter, even if they don't monetize their self. Why not just keep it going for heck of it anyway? How much operating expense could they possibly have?

very good…

Have you ever thought of looking into local marketing?

Ciaran

Thanks for replying. Glad you liked the blog.

I’d really like to JV with you and Dean later in the year, once I’ve built my list up and got a few more products on the go.

All the best,

Matt
.-= Matt Duggan´s last blog ..How To Research Your Keywords To Dominate Your Niche [VIDEO] =-.