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| Twitter to soon cost money | Views: 736 |
| Jan 22, 2009 6:24 pm | | Twitter to soon cost money | # |
Scott Wolpow | | My sources tell me that Twitter is about to start to charge for API calls. That measn all these free services will have to find a way to make money. Keep taht in mind when you build your marketing plan around Twitter. Private Reply to Scott Wolpow |
| Jan 22, 2009 7:41 pm | | re: Twitter to soon cost money | # |
Teddy Towncrier | |
Thanks for the Heads Up, Scott.
Looks as though my next job is to put some more muscle into building my separate list.
Bestest.
Teddy Towncrier CPP Towncrier-Media.com Supercharging Your Visions.
 
Private Reply to Teddy Towncrier |
| Jan 23, 2009 7:07 am | | re: Twitter to soon cost money | # |
Lamar Morgan 954-603-7901 | | Scott,
Do your sources work for Twitter? How do you know your sources have the correct information?
Lamar Morgan
CDMM - Synergistic Business Marketing
707-709-8605
Attract more customers! Private Reply to Lamar Morgan 954-603-7901 |
| Jan 23, 2009 11:06 am | | re: re: Twitter to soon cost money | # |
Kathy Buck | | No big secret that twitter may charge for premium services in the future, it's been a buzz since last year.
I mean really, a global audience watching the presidential cermonies and how many times did we hear twitter referenced? I can count a dozen times hearing FB and Twitter being heard as to commentators giving live feedback from tweets from the general public.
Twitter is a business, they'd be foolish not to capitalize on their current positioning. For those chiming and saying the attraction is free and if charging people will leave? Hmmm - Milk is good for us, do we stop drinking it when the price goes up and up? SO those using the free services and hailing it's positive results should also opt to continue a healthy business campaign -- I'd reckon many will become Twit-tocse- intolerant.
Cheers All~
Private Reply to Kathy Buck |
| Jan 23, 2009 3:42 pm | | re: re: re: Twitter to soon cost money | # |
Scott Wolpow | | I do not reveal my sources, though I may start writing more about them.
@Kathy, There are a few classes of Twitter use. The raw Twitters that post on Twitter. They will continue to do so for free, but will be limited to X posts a day.
The people who have built a business using the API's. These are the items on the applications page or sites that do calls to the Database itself.
Now what happens if using Twirl costs money. Many people who use it for free will stop.
Lets look at other ways to monetize the traffic. Ads, well Twitter is an ad killer, so that would be ironic. Or what about allow others to contact people following someone. That would get you the spam filled world of Linkdin and other places.
Milk usage does go down a little when prices go up.Private Reply to Scott Wolpow |
| Jan 23, 2009 3:44 pm | | re: re: re: Twitter to soon cost money | # |
Lamar Morgan 954-603-7901 | | Kathy,
Usually when an online Web 2.0 company announces it is in its beta stage, all its services are free. Then, it comes out of its beta stage and what you have are free services and fee-based services. A company like Jott.com comes to mind. For a long time anything you wanted to do with Jott was free. Then, the company came out its beta stage and suddenly you had certain services which were free and others that were fee-based.
But, not all companies are set up to act that way. Look at Squidoo.com. Squidoo.com is not in its beta stage and nothing is fee-based. However, look at all the advertising there is via Google ads on any Squidoo page. Squidoo is a real money-maker when it comes to using Google ads. But, that is not all. Squidoo is making money through third-party development of its many lens modules. Squidoo is making so much money it can afford to fund charities and pay lensmasters for creating outstanding lenses that get lots of traffic.
Make no mistake, Web 2.0 innovators are finding ways to make money without having to take it out of the pocket of those who wish to enroll in their sites. That just could be how Twitter is making its money - through advertisers and the many third-party developers utilizing its API.
Lamar Morgan
CDMM - Synergistic Business Marketing
707-709-8605
Attract more customers! Private Reply to Lamar Morgan 954-603-7901 |
| Jan 23, 2009 4:01 pm | | re: re: re: re: Twitter to soon cost money | # |
Scott Wolpow | | Lamar,
How do you know Sqidoo makes money? Do they report their sales and profits?
Sqidoo only makes money when you click on an ad and that takes you away from the page. That is not in teh best interst of your lens and that is starting to fail.
I do not see where they charge for API calls.
Most of the free services or freemium will become extinct in the next 12 months. Investors will demand returns and when they run out of money, it will be hard to get new money.Private Reply to Scott Wolpow |
| Jan 24, 2009 12:29 am | | re: re: re: re: re: Twitter to soon cost money | # |
Lamar Morgan 954-603-7901 | | Scott,
I am not privy to Squidoo.com's financial statement. Squidoo.com is not a public company. It's private. But, I do know some folks who are making a good living just by creating Squidoo lenses. I also know that in a few short years, Squidoo has amassed more than a half-million lenses. I personally know someone who last year had created 300 lenses himself in just two years. And, he told me himself that he knows folks who have created several times that amount. I also know that Squidoo funds a wide range of charities and has only six paid employees. Where do all those lenses come from? They come from volunteers. Are all the volunteers stupid? I don't think so. I think they figured out there is tremendous power in "mutual collaboration." I think the same can be said for all the high-profile companies which have made modules for lensmasters to freely employ. And, who might that be? Folks like Amazon.com, Ebay, Polaroid, Wall Street Journal, Youtube, and approximately 100 other companies. Are all these companies stupid as well? I don't think so. I think they too understand the power of "mutual collaboration." Wikinomics does work - provided you know how to work it and as Nike is fond of saying, "Just do it."
Lamar Morgan
CDMM - Synergistic Business Marketing
707-709-8605
Attract more customers! Private Reply to Lamar Morgan 954-603-7901 |
| Jan 24, 2009 1:11 am | | re: re: re: re: re: Twitter to soon cost money | # |
Lindy Asimus | | That is going to be interesting Scott.
In the current environment, it would be easy to see that "new money" may be hard to come by in the future.
I wonder how that will show up in our internet experience in the next year or two.
Lindy
Private Reply to Lindy Asimus |
| Jan 24, 2009 1:23 am | | re: re: re: re: re: re: Twitter to soon cost money | # |
Chuck Bartok | |
I don't Understand why any BUSINESS person would object paying for Advertising Mediums that WORK!
And work darn well.
I enjoy Daily Income from Squidoo, and so does Seth and his Group.
I enjoy Daily income from Twitter Activity.
This week a $100,000 plus contract generated from
the Circle System Twitter to Blog to Squidoo and back.
If these powerful begin to have cost added, the ROI is still fantastic
Those who would Quit because of Cost are the people I don't do Business with anyway.
They are not Business persons, they lack the Mentality of a seller or an entrepreneur
Chuck & Shirley Bartok
My Business Card http://chuckbartok.com
Follow me on Twitter http://twitter.com/cjbart
Use Your Own Personal Trainer 24/7 http://focus40now.comPrivate Reply to Chuck Bartok |
| Jan 24, 2009 1:39 am | | re: re: re: re: re: re: re: Twitter to soon cost money | # |
Kurt Schweitzer | | "I don't Understand why any BUSINESS person would object paying for Advertising Mediums that WORK!"
Some of us are trying to reach CONSUMERS, not businesses. As the price of Twitter (or any service) increases the number of consumers using it decreases. For some services that price sensitivity is pretty high.
If Twitter loses the "ordinary people" out of its customer base it will become useless to me.
Kurt Schweitzer
Urban Village ScootersPrivate Reply to Kurt Schweitzer |
| Jan 24, 2009 2:52 am | | re: re: re: re: re: re: Twitter to soon cost money | # |
Scott Wolpow | | Most of these companies are using Squidoo, Twitter and other new media beacuse they do not want to chance being left out. The amountthey spend means little to them. The amount Twitter gives comes from what reveue they generate , how much do they give?
Most of it is just fads. Remeber VRML? Every one of tehse companies built 3d stores.Private Reply to Scott Wolpow |
| Jan 24, 2009 3:52 am | | re: re: re: re: re: re: re: Twitter to soon cost money | # |
Lamar Morgan 954-603-7901 | | Scott,
What is VRML? Please explain.
As has been referenced here on Ryze many times, what makes Web 2.0 innovation work is the synergy of a mutual benefit to both the site owner and the content provider. In the case of Squidoo, there is a volunteer contingent of helpers willing to instruct novices on how to build a better lens. Here you have both sides of the equation trying to help the other side be more successful. It is truly designed to be a win/win scenario.
Lamar Morgan
CDMM - Synergistic Business Marketing
707-709-8605
Attract more customers! Private Reply to Lamar Morgan 954-603-7901 |
| Jan 24, 2009 4:23 am | | re: re: re: re: re: re: re: re: Twitter to soon cost money | # |
Scott Wolpow | | Lamar, have you ever tried using Google to find out these questions?
It stands for Virtual Reality Mark-Up Language.Private Reply to Scott Wolpow |
| Jan 24, 2009 5:17 am | | re: re: re: re: re: re: re: Twitter to soon cost money | # |
Chuck Bartok | |
I do business with a Consumer base,
not Business base.
Obviously if the Venues charge and start losing
MY customer base, I would leave also.
Chuck & Shirley Bartok
My Business Card http://chuckbartok.com
Follow me on Twitter http://twitter.com/cjbart
Use Your Own Personal Trainer 24/7 http://focus40now.comPrivate Reply to Chuck Bartok |
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