ev and biz will sell the service which will then be integrated as part of a 'bundle' so they will make money, though I dont think the service itself will...
Maybe, buit not because it is a good idea. Who really wants a larger number of shallow relationships in their life? Personally, I'd like a smaller number of "friends," and deeper relationships with each of them.
Revenue - costs = profit
(Overhead fixed costs and variable costs)
"Free" services really arent free and more and more, we will have to learn enough legal terminology to if we as users can tolerate what's being sold.
Ads or location based ads or summary data or outright user info
They will have to earn revenue somehow.
Cost cutting mode usually leads to a down spiral and quality and feature loss.
Perhaps the Twitter part is a loss leader and another independent product or service is sold to get revenue.
This isn't the business model of a company that was ever meant to make money. This is the web 2.0 business model which is to reach critical mass and hope to get bought by a larger company looking to vertically or horizontally integrate.
Its options as it stands are third party ads, display ads, direct sales (which requires hiring a sales team) or selling ads in a newsletter. Unless it plans on selling millions of twitter tshirts, I doubt you will see any significant revenue.
That leaves you with the final rev option which is email list rental or sales. They obviously have a ton of emails and could generate tens of thousands a month renting their list. Obviously, the backlash would be quite severe when the users caught on.
Oh well, hopefully they get bought, otherwise their infrastructure costs will slowly deplete their VC funding down.
I think it will - I can image people to pay for being able to follow a day of their favourite movie stars or sportsmen - see what they are doing to compare or just simply get some inspiration...
The twitter application has great potential to anyone who can utilize it for business use. The ability to post both online and via a mobile unit allows important content to be shared and posted to a web page in real time.
I honestly have no use for this service what so ever and find it to be rather annoying. Some ad network execs put the annoying thing on our site and it was happily removed after a week or two.
I am sure twitter will be one of those *cool* 2.0 apps that no one cares about in a year or two.
i am a twitter user and I think any ad or other monetization systems they add might actually detract from the value of the service. I would rather hope that the technology gets integrated into a larger bouquet of social network services.
I certainly hope so! On the other hand...I really couldn't care less for if this sort of communication is of any value to mankind it will last, with or without Twitter.
Yes. Twitter has become a way for the public to report the news in real time from multiple points of view. Imagine how useful it could of been during September 11th. When it is used to breaks the news first about a historical event then it will become a household name and very valuable.
What if we didn't care how much money Twitter made. What if like some other public services it was funded to just exist. It is a great mechanism for the public to report information. Can't we just have a great product with no advertisements that doesn't cost anything?
I don't imagine Twitter will start to generate revenue. Anything they do at this point will no doubt be scrutinized. It's always harder to take a service like this and turn it into a money-maker after the fact than if they had a revenue generating system in place in the beginning.
I think a great way to monetize it would be to charge andy for profit co. to have an account. That way, people who wanted to hear from that brand via Twitter, which there a lot of brands who would have that pull, would have to pay to have an account.
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February 17, 2008 at 11:59am
Shyamala RajaramFebruary 17, 2008 at 12:11pm
Jimmy GardnerFebruary 17, 2008 at 3:51pm
Sheikh Imran AhmedFebruary 17, 2008 at 4:08pm
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m eFebruary 18, 2008 at 2:26pm
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randulo randulosFebruary 19, 2008 at 5:49am
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Justin Ross