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Monday, August 1, 2011

Twtbuck.com :Earn money from social networking sites like facebook, twitter, linkdin






         Twtbuck.com is a website which runs ad campaigns and helps people who are on various social networks such as facebook, twitter, linkdin etc... to make money by sharing ads on their walls.

         Gaurav Sharma who is basically a chemical engineer from NIT Warangal is the founder of this brand new and  innovative social media site. Twtbuck claims to be the only social media company which helps businesses to spread their ads on social netwroks and also helps its users to make money from social media.
Twtbuck.com is pay per click and pay per job social media advertising and crowdsourcing platform. The facebook page of Twtbuck says it has a network of over 20000+ publishers with cumulative reach to over 20 million internet user on twitter and facebook.

Twtbuck was one of the Top 19 start ups of CNBC-WagonR Think Big Idea Challenge event.

How it works:

Twtbuck offers 3 ways to its publishers to earn money.
1. Add Offers: Once you sign into your twtbuck user acount you can see a ad offers menu on the left side if you go there you will be taken to a list of Ad Offers currently available. Each ad offer would be specified with the money which will be paid per click and the country name whose citizens can share those ads. You just have to share that ad on you facebook, twitter or any other social netwroks which you use and suggest it to your friends. If they click on it you will get paid for that.

2. Easy tasks: Its a a list of tasks which can be performed by the publisher and the specified amount of money will be paid for performing that easy task. Most of these tasks are like signing up for websites, writing blogposts about advertiser's business and other simple tasks. Each task would be specified with the amount paid on performing that task.

3. Referrels: You can earny money even by referring you friends to the Twtbuck.

        This innovative idea of monitization through social media can be called as a revolution in the field of online monetization. We can say that the Twtbuck has redefined the word monitization. Every one uses social media for connecting with friends and relatives. Apart from that only a programmer can make money from sicial media by building apps. But Twtbuck enables even a simple man with no technical skills to earn money with his social network profile.

         But the problem with Twtbuck is that if most of your friends on facebook or any other social networks start using Twtbuck , it may lead to spamming of your 'News feed' which may not be liked by your friends. Many times if a friend keeps sending repeated invitation and gifts from farmvillae people gets frustrated and tell their friends to stop sending those invitations or wahtever. In internet business ads are the major source of income but in the mean time securing good numbers of subscribers and repeated visitors is also important. But according to most internet experts ads are annoying, they disturb the reader while reading a blog and so on the list of problems go on. But Twtbuck pays money for each clicks on ads shared by its subscribers on their social netwroks, so that it has higher potential of increasing spams in the form suggestions by friends. How Twtbuck will get rid of this spamming problem We need to wait and see.     

 Thats all I wanted to share about Twtbuck.com . I will come back to you soon with another brand new interesting article till then just wait....



3 comments:

Twtbuck said...

Hey Mahalingesh,

Thanks for writing your views about Twtbuck on your blog. The control on spam will come from targeting - what publisher sees, what ad offer. So this algorithm processes your social media account details and figure out which of the ad offers is of your natural liking and you would otherwise also share on fb or twitter, if not an ad. This will put control on spamming to large extent.

Secondly, as a business, we are expanding/widening our offerings and planning to make advertising part of it just 10-20% contributor to total revenues.

Thanks once again
Twtbuck Team

Mahalingesh Madanshetti said...

hey TWTbuck,
thank you for ur appreciation, I just loved your way of implementation of innovation, i think using social media for making money is really awesome idea,

Do you have any plans of entering in to the monetization with blogs also??

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