10 Ways To Start a Business on Twitter

by cyrus on Nov 6

Twitter API: Up and Running: Learn How to Build Applications with the Twitter API

The social media world is expanding fast. Just a few months ago, there were a lot of people who were skeptical about Twitter and Facebook. Now you’d be hard-pressed to find anyone who hasn’t heard of these services. There are plenty of ways to start a business on these sites. If you take time to get yourself familiar with the API offered by Twitter and Facebook, you can create real solutions that people want to use. You obviously have to identify a need and provide value with your service, but these APIs can be easily utilized to create killer products for social media sites such as Twitter.

Twitter is growing really fast, which is why starting a Twitter-based business makes sense these days. If you know someone who knows the API or can hire someone to write code for you, the sky’s the limit on what products you can make for Twitter. Here are 10 Twitter business ideas to get you started:

  • Local Services: creating geo-based Twitter solutions is nothing new. But the market is still not saturated. No matter where you are around the world, you can create a Twitter-based service and attract Twitter users in your area. Or you can go for it all and create a craigslist-like service for Twitter.
  • Status Update: creating a software solution that makes it easy to update multiple social media accounts in one shot is still one of the best ways to gain some traction in this business (e.g. Pinging service).
  • Desktop Clients: we have over a dozen of desktop clients that let tweeters tweet from their PC more effectively. At the same time, there is always room for innovation in this area (TweetDeck).
  • Analytics Tools: social media analytics is gaining traction slowly and more people will use SM analytics solutions to measure ROI for their social media campaigns. The sky’s the limit in this area. You can go for simple, freemium services or create premium analytics solution (with the proper investment).
  • Automation Tools: there are a lot of businesses and individuals that prefer automating parts of their social media campaigns. Targeting them could be lucrative (TweetAdder).
  • Account Management Tools: letting people manage their account more efficiently on Twitter is yet another way to make money on Twitter. Though make sure you figure out your business model before going online (Hootsuite).
  • Mobile Apps: offering a mobile solution for iPhone, Android, and other top mobile platforms is yet another way to build business on Twitter. It’s not as hard as it looks as long as you have the right developers.
  • International Twitter Solutions: have you seen tweeters who talk in foreign languages on Twitter? Wouldn’t it be nice if you could develop a solution for them to help them tweet and connect with others more effectively (e.g. a Twitter translation service)?
  • Twitter Training: what if you don’t want to write code? You can still make money on Twitter by letting others know how to get started on Twitter. You can also offer backgrounds, buttons, and all kinds of little solutions and monetize on the side.
  • Twitter Portals: if you are into building content portals, why not use Twitter to build more dynamic ones? Lots of content to take advantage of.

As you can seen, building a business on Twitter is not that hard. You obviously do want to pay attention to business 101 concepts, but as long as you identify a need that is not being addressed in your niche, there are plenty of opportunities to make money on Twitter.

Your take: please share your Twitter ideas here.

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