Twitter has been doing really well in recent times; Acquisition offer from Facebook & $ 250 valuation can be called feather in a cap for this wonderful service. Of course, Twitter guys didn’t go with Facebook and are planning to monetize the service on their own. Now the question arises that how exactly Twitter can be monetized? Here are some of ideas that have been thought by many and I thought of just sharing it with you guys -
1. Twitter premium services – WordPress.com is not fully monetized, however is still offering hosting service to some of the high profiled blogs (GigaOm Network is also hosted on it). How about having an option where you’ll be able to make design changes in your profile or if you get a chance to point a domain name at some cost? I’m sure there will be thousands of users who’d love to do that! That is small amount for sure (for such a huge service), however I’m sure that it will be able to cover the running costs. Now that Kevin Rose‘s version of Twitter is almost gone, they can very well take the idea of giving premium accounts that will allow users to share files, music etc.
2. Advertisement – Another idea is that they push ads in the tweets that will be related to the kind of tweets users are making and that will surely turn into big money for sure. There is surely no rocket science behind this!
3. Twitter for businesses – Yammer did this and Twitter can do it too! They can very well give extra services for businesses and private tweets for particular group that can be used by business houses for instant communication.
What are you thoughts on these ideas or if you were the founder of Twitter then how would you monetize this service?