NOTE: This is a guest post by Mack of The Marketing Effect.

Everyone is talking about Twitter these days and you might have heard about people who are making money with this free service. This is true. You really can make money online with Twitter.

In case you didn’t know, Twitter is, as they call it, “…a service for friends, family, and co–workers to communicate and stay connected through the exchange of quick, frequent answers to one simple question: What are you doing?”. This is what makes it different from other social websites and a gold mine for people who want to promote their business, website or want to make money online.

Many of you are probably wondering “How can this service make me money?” Well, as I said, you can promote your businesses and bring in more clients, promote your money making website, or generate leads to affiliate links directly and make money that way.

The secret to a successful money-making endeavor is getting followers who will read you’re tweets. The usual way to do this is by following other people and hope they will return the favor. Another  way to gain followers is by adding a “Follow Me On Twitter” button on your website. However, if you don’t have the time but have the money, there are paid services out there that promise a large volume of followers for a fee.

Important Note: Not all accounts are real. What I mean by this is … a lotsof other people have made accounts that have been automated by robots or third party services like http://tweetlater.com or http://twitterfeed.com .

On the other hand, these are good services you can use to automate some of your tweeting. Like for example: Twitterfeed.com will make a tweet with the link to every new post on your blog. And TweetLater.com will allow you to send direct messages to people who have started following you, allowing you to build a relationship with those people. Building relationships is the most important aspect of social media marketing. It does not have to be something very personal but just enough to make people trust you and take note of what you tweet.

In the end I would like to point out that Twitter is a great service, it is free and most of all it can make you a lot of money if you use it correctly. Cheers to all and happy tweeting.

Other posts you may want to read:

  1. Make money at home online with AdSense.