- May 9, 2021
- Posted by: Con P. Sweeney
- Categories: Social Media, Twitter
One of the many frustrations that folks have had with Twitter is how can you make any money off of it.
Then, there’s the difficulty of trying to trace back any money earned from Twitter to its source.
(I’m still trying to meet anyone who, not only claims but can prove, that they’ve made money from Twitter Ads.)
But, an announcement from Twitter last week might just change all that.
Let’s talk about that!
On Thursday, May 6th, Twitter announced a new feature called Tip Jar which allows content creators’ Twitter followers to donate money directly to them and Twitter won’t take a cut.
(Yes, you heard that last part correctly.)
Money can go directly to a person’s PayPal, Venmo, Bandcamp, Cash App, or Patreon accounts.
Tip Jar sounds like it’s still in beta as only a limited number of users have it at the moment.
There appears to be an issue about revealing the account owner’s postal address through PayPal but apparently there’s a workaround.
(Don’t quote me on that!)
So, maybe there’s a way to actually earn some real money from one’s Twitter activity.
Coming along with Twitter’s recent announcement about Spaces, their response to Clubhouse, things are starting to get interesting out in San Francisco again.
I’m glad to see that Twitter is starting to shake off the malaise that has been affecting them and their financial results as of late.
Of course, I’d like to see some originality and creativity as opposed to just some copycat activities, but, hey, it’s a start!
All these initiatives are still in their very early stages, or like their upcoming Subscription service, not even out yet.
However, all of these ideas combined could make Twitter an even more important tool to have in one’s social media toolbox.
I’ll be experimenting myself with these options and will be reporting back to you here.
Could be a very interesting year on Twitter!
That’s it for now!
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