Monday, January 26, 2009
I am listening to TWiT (iTunes Link) while they are talking about monetizing the investment-hemorrhaging Twitter. I love Twitter, but it has no profit model. This is a website that has millions of subscribers and is WAY out of its beginning phases. You can not... CAN NOT charge for this. There will be another service that is free. I support in stream ads but only because I never go to the site. I update through twhirl or twitteriffic. That is $0 from me. I think what they are going to have to do is charge for API usage. The people using the API are making tons of money. Ads in twitter fall, ads in my free twitteriffic, pay apps on the iPhone to use twitter. It seems like to me that twitter apps are a gold mine with no overhead besides code. I say Adsense in the site and pay-to-use API. (It would cut out some of the BS twitter apps too.)
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