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Get paid to Tweet (Magpie) - thoughts?

by rlnorthcutt
7 replies
Magpie | Twitterer

Interesting service. I checked and I could earn about $2 a month... not so exciting. Then I checked one of the folks I was following (who has 10k+ followers), and she could earn up to $7,000 a month!

Of course, there are interesting ethical implications, and I am sure some people might have trouble with the concept (especially purists). But, its not too much different from Google Ads on a blog, is it?

Thoughts?
#magpie #paid #thoughts #tweet
  • Profile picture of the author Craig Fenton
    Hi there:

    Hope all is well.

    Can you expand a bit about Magpie please? Is it good regardless of the country somebody lives and is the income based on potential because of the followers you have and what Magpie thinks will happen or if you are willing to follow their rules are you guaranteed a certain income based on the people following?

    Has any research been done as to profit you could make vs followers you would lose and or not be as inclined to click your Tweets since they feel they are too commercial?

    Thanks for the info.
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  • Profile picture of the author rlnorthcutt
    Craig,

    I just came across it, so I have no idea as to details. It appears to be based in the UK and says that it doesn't matter where the followers are located.

    Their site says that they will only post ads that seem to be a good match for your content, and then "blends" it in.

    I am curious if this could be the next "wave" in informational based advertising - like adsense sites but twitter based. More research needs to be done, but there is potential.

    The only problem I see is that the ads seem to be worded as if they are regular tweets... though I have seen some people preface the tweet with "AD:". That seems to be more ethical.

    I would imagine that if one was able to provide enough interesting content, then the ads are worth it... but then we have the question of how long this will last or how well it works.
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    • Profile picture of the author Craig Fenton
      Hi RLnorthcutt:

      Thanks for the follow-up response!

      It is an interesting scenario. I visited the site about an hour ago (thank you) and people should understand if they are interested in this the wording is your site may be worth xxxxx. The question would be if Andy and Ann Warrior decide to do this and their site is worth 1000 American dollars or 1000 English Pounds what is the actual payment they would make if they decide to sign-up?

      I believe they tell you to keep the advertising to 1 out of 20 Tweets.

      There is one more factor if you are outside of the United Kingdom. Will any combination of Magpie, PayPal, and or your bank take a larger fee for fund converting?

      If I am not mistaken when I have used PayPal from USA to USA it is about 3 percent plus 50 cents but if I sent or received monies from another country the fees were steeper.

      Thanks again and please as the great Warriors find out about the venture between Magpie/Twitter please post.

      Everyone have a great sunday.
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      • Profile picture of the author Louis2
        Very good post, rlnorthcutt.

        I've taken a look at the magpie website and it gave me several ideas on both tweetering and the marketing possibilities of Magpie.
        Thanks
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  • Profile picture of the author Hello_All
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    • Profile picture of the author Dan C. Rinnert
      "Could" is the opportune word. Various services I've used or tried have said I "could" earn x dollars a month, but then you end up making only a fraction of that.

      I can't help but think if people could make x dollars a month with Magpie, they could earn x*y dollars per month offering their own product or service. And, your followers would be more interested in what you have to offer than in something someone else has to offer, especially if they see that same Magpie tweet coming from multiple people.

      If Magpie targets by content, it's likely that people who follow you are also following other people in your field of interest, so if multiple people in that field are on Magpie, there will be people seeing that tweet multiple times from multiple people, which sets off the "spam" alarm.

      With the personal nature of Twitter, I think Twitter is more suited to self-promotion, or promoting the company you work for, than it is to somebody-else promotion.

      Bear in mind, too, that when some people see "magpie" as a disclaimer or URL, that's their keyword to unfollow you.
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      Dan's content is irregularly read by handfuls of people. Join the elite few by reading his blog: dcrBlogs.com, following him on Twitter: dcrTweets.com or reading his fiction: dcrWrites.com but NOT by Clicking Here!

      Dan also writes content for hire, but you can't afford him anyway.
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      • Profile picture of the author rlnorthcutt
        From the site FAQ:
        There are a number of compensation models offered. These are: Pay-per-view, Pay-per-click, Pay-per-lead and Pay-per-sale. Each model provides you with different earning opportunities. At the pre-approval stage, you will be made aware of the compensation model linked to a particular campaign, enabling you to make an informed decision as to if you want to participate or not.
        So there are multiple types of ads you can promote. Though, its not too much different from promoting affiliate links or pay-per-lead/click programs that you may be a part of. And, those might be more lucrative

        To cash out your earnings, your account balance needs to be up to €50.00. Once you've reached that amount, you can transfer the money to your PayPal account. Transfer fees and charges are on us, of course!
        Thats about $75US before there is a payout (which seems kind of steep). At least they pay the paypal charges (so they say).

        we have a number of Magpie-Twitterers who use their money earned by twittering for other compnies to promote their own. Simply navigate to your Account tab within your Magpie-Twitterer account to see how it works.
        This is a clever idea - use your "revenue" to promote your own site/product/service. I did notice in the TOC that they don't allow ads for affiliate programs (at this time). I wonder if you can advertise your own affiliate program, ie advertising to get people to sign up for it.

        Also, keep in mind that PPC started with OpenText in 1996... but wasn't very successful. People didn't like it and were very vocal about it. 2 years later, GoTo.com (which became Overture) did the same thing and it worked. Its all about timing.

        I am not "for" or "against" this concept, but I do think it both interesting and inevitable. Have you ever seen a form of communication that hasn't eventually been infiltrated by advertising?

        It seems that the best practices are always the same, though:
        - provide quality communications/information
        - introduce relevant advertising
        - keep the ads to a reasonable amount

        Ron
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  • Profile picture of the author adpablo
    mmmm...I would be concerned about this method being too "spammy"...this could be the case that you end losing much more than you earn....
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