Public Relations & Social Marketing Insight
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Public Relations & Social Marketing Insight
Social marketing, PR insight & thought leadership - from The PR Coach
Curated by Jeff Domansky
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How To Make $500,000 A Year On Twitter

How To Make $500,000 A Year On Twitter | Public Relations & Social Marketing Insight | Scoop.it

UberFacts founder Kris Sanchez has turned his addictive Twitter feed into a wildly lucrative business. But not everyone's buying it.


Today he says he makes about $500,000 a year just from sponsored links. The way this works is that a company called Social Reactor, which pairs social media influencers with advertisers, supplies him with galleries or other web pages that he links to in his Tweets. He gets paid for every click those pages receive. Then there are the branded deals he’s done with companies like Ford and Paramount, wherein a simple tweet, accompanied by a link and a hashtag, becomes a virtual slot machine, gushing out thousands to tens of thousands of dollars.


Plus the apps. The iOS app, which has been downloaded 1.5 million times, is estimated to generate $60,000 a week from advertising, though that has not yet been implemented.Sanchez is a “special breed," according to Scott Jones, the CEO of ChaCha, which owns Social Reactor. "It’s pretty rare to make that much [money]," Jones says.


The reason Sanchez is “on the upper end of the pay scale,” Jones says, is “partially because he has a big follower base, but more importantly, his audience is highly engaged. They stay for an average of more than 14 page views a visit. So if it's a gallery of 10 images, they're going to look at the 10 and then four (pages) of something else."...

Jeff Domansky's insight:

Big twit, big money!

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Want to be a superstar, but no time for social media? Fake it with Ghost Tweeter | {grow}

Want to be a superstar, but no time for social media? Fake it with Ghost Tweeter | {grow} | Public Relations & Social Marketing Insight | Scoop.it

"What if I told you that you could become an industry “thought leader” without ever writing a blog post. Or, that you could achieve Twitter stardom without personally sending a single tweet.I didn’t believe it either, but some people are apparently doing it. Maybe even some people you follow. And you may never guess how they’re doing it.


Ghost Tweeting is one of a number of companies that have emerged to outsource the writing and distribution of all your blogs, tweets, and posts. They will even handle all the social media engagement for you. “All the benefits, none of the work,” reads the tagline on their website....

Jeff Domansky's insight:

The challenge of "ghost" social services like this is to do it transparently and ethically. It's definitely not "authentic. I've advised many clients on strategies and helped some move forward with team tweeting but always transparently. I'll be curious to hear how others think about this practice.

Jeff Domansky's comment, August 7, 2013 3:28 PM
Thanks for your comment Malek. I think the days of "ghost" writing on social media are limited without open and honest disclosure and transparency. Nothing wrong with teams tweeting but many, including high profile personalities, authors, politicians and many others will resist. When the you know what hits the fan, that's when the trouble starts. Of course, when the intern screws up, you can always claim you were hacked LOL.
malek's comment, August 7, 2013 4:37 PM
We first had fake accounts, then fake fans and now...? if there's a will, there's always a shortcut.......!!
Mike Ellsworth's curator insight, August 8, 2013 10:46 AM

As others have noted, this approach is not only not authentic, it's borderline unethical. But how does it really differ from hiring consultants to design and write marketing material for your business?

 

What do you think of this technique? Comment below.

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How to Make a Twitter Handle for Your Business: 13 Easy Steps | Business 2 Community

How to Make a Twitter Handle for Your Business: 13 Easy Steps | Business 2 Community | Public Relations & Social Marketing Insight | Scoop.it
Twitter is an effective social media marketing tool for your business. With over 500 million users, your business needs to be here.... Setting up your business Twitter profile is easier than you think. This simple step-by-step guide shows you how . (Note: The following is an example only, made for Wishpond (@wishpond). @SocialUserOnly Twitter account is not in use. Do not follow!) 1. Go to Twitter.com and sign up. Use your name, your email, and a password. Use your real name and email. You will be able to customize your profile later. Note: Twitter only allows one account per email. If you have a p ersonal Twitter account, you will need to use a different email to set up your business Twitter account....
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Twitter Looks to Educate Marketers with Relaunched Twitter for Business

Twitter Looks to Educate Marketers with Relaunched Twitter for Business | Public Relations & Social Marketing Insight | Scoop.it
Twitter has released a redesigned version of Twitter for Business that now offers educational resources to help advertisers and marketers who use the micro-blogging website. Twitter 101, Marketing and Promotional Tips While a fair amount of businesses have successfully utilized Twitter as an advertising and digital marketing tool, not all businesses are as lucky. With this in mind, Twitter for Business has launched three resource guides....
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23-Year-Old Makes $500K a Year Tweeting Out Facts

23-Year-Old Makes $500K a Year Tweeting Out Facts | Public Relations & Social Marketing Insight | Scoop.it

What if you got paid to tweet?


No, we’re not talking about handling a company’s social media. We’re talking big bucks, hundreds of thousands of dollars, just for typing a few characters, adding a link, and clicking “send.”


That’s the business 23-year-old Kris Sanchez, who tweets under the account@UberFacts, a Twitter account that tweets — you guessed it — facts, to 7.2 million followers.


Last year, he made $US500,000 for tweeting sponsored links, according to Fast Company. The links, when clicked by his followers, earn him between $US.01-.03/click. Multiply that by a few sponsored links a day, a couple of hundred thousand eager followers, and 365 days in the year, and you’re rolling in money....

Jeff Domansky's insight:

Now that's a social media twit!

Alaina Es's curator insight, October 21, 2014 3:52 PM

Twitter is one of the social media platforms that allow for multiple interactions amongst companies and consumers. Companies mainly use this platform as an informational source to get their brand name out there, however, 23-year-old Kris Sanchez, who tweets under the account @UberFacts has learned to utilize Twitter as more of a business platform on top of being informative. Kris has formed an impressive 7.2 million followers and I can happily say, I am one out of that gigantic number. The links that are clicked by his followers earn him between $0.01-0.03/click. Multiply that by even half the followers and he’s looking at $72,000 worst case and $216,000 best case. That’s more than I would make for my annual salary working my butt off and all he has to do is type a few interesting characters, add a link and press “send.” On top of that, Sanchez is tweeting 60-70 times a day. There is also an app which is said to bring in $60,000 a week in ad revenue. This man was smart enough to make a living off of something that others do for free.

Marissa Davidson's curator insight, October 22, 2014 12:35 AM

This amazes me!

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Twitter True Story ~ Social Media & Entrepreneurialism | Social North

Twitter True Story ~ Social Media & Entrepreneurialism | Social North | Public Relations & Social Marketing Insight | Scoop.it

As I look at where I am now, more than 18 months into my business, I am amazed. I have awesome clients, I just experienced my busiest month yet in April 2013, I have had the opportunity to inspire thousands of people through speaking engagements, including the 140 Conference in Montreal, which was another opportunity that arose through Twitter. I am producing our third Toronto Impact99 HR Summit, bringing 99 more business leaders together to ignite change in the workplace. I know I couldn’t have done any of it without social media. I also know I’m not alone. I believe that if organizations don’t find ways to engage their talent more successfully, offering purpose, autonomy and impact, they will lose top talent to entrepreneurialism. Twitter is only 140 characters away and there are stories like mine everywhere....

Jeff Domansky's insight:

This entrepreneur shares a heartfelt story about her path to social media success using the help of Twitter.

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Twitter for Business Gets a Relaunch: What To Expect

Twitter for Business Gets a Relaunch: What To Expect | Public Relations & Social Marketing Insight | Scoop.it
Twitter for business has finally relaunched this past Monday, and aims to be the central resource to help businesses gain traction, fans and income with their Twitter marketing strategies. Twitter is a very large, very prominent social site, but they are also acutely aware that many of the business people on their platform, have no idea how to use it properly. As a result of this inability to adequately market on Twitter – bounce rates are higher, and owners are choosing to market more on the ‘easier’ platforms like Facebook and Pinterest. Twitter for business is their solution to this concern. It will function like the Facebook blog, and Allfacebook.com, which is the total resource site for all things to do with the social network. Business owners will be pleased to find simple-to-use tutorials that provide powerful tips and advice, which will help them gain followings and sell on Twitter....
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