Comments on: Is Magpie a Good Way To Monetize Your Twitter Account?

By: Alex Fxtrader

Alex Fxtrader — Thu, 23 Jul 2009 22:04:34 +0000

Thanks for the insights, Magpie is a third party ad network which sells advertisers on a CPM basis… But in the oposit to Google you have to remember that tweets that go out to your followers coming with your name attached… So, yes you are definately loosing followers like craizy.

By: prasanna

prasanna — Tue, 28 Apr 2009 14:06:36 +0000

David good post.I am not much successful with magpie as of now.all it requires more followers to your profile.

For great twitter tricks http://bit.ly/TlXWr

Monetize your twitter profile http://bit.ly/g412m

By: Biki

Biki — Fri, 02 Jan 2009 01:17:16 +0000

Hi David. Nice Post. I just cheked the site after reading your post. No follow may be an issue like you said. However, social media marketing is place where you find ways to utilize the media for yourself and for providing good information to the public.

I wrote several posts of various twitter features and apps in my site http://www.takeaplunge.com but missed this site. Thanks.

By: Gee didn’t I already go over this? - WinExtra

Gee didn’t I already go over this? - WinExtra — Tue, 25 Nov 2008 00:18:28 +0000

[...] the service. You know the folks like Arrington, Valleywag, Jeremiah and one of my favourite bloggers David Risley. The interesting thing is that they are all pretty well in agreement – the idea sucks monkey balls [...]

By: andy

andy — Mon, 24 Nov 2008 21:16:52 +0000

I don’t have a problem with advertising, as long as the content I’m getting is worth it. With the rise of advertising in RSS feeds (Pheedo), there are certain feeds I have unsubscribed from because the annoyance of the ads was worse than what I was getting from the content. Conversely, there are some blogs I read that are worth wading through a few adverts.

That said, I’m having trouble thinking of a scenario in which I would enjoy someone’s “tweets” enough that I would agree to get interrupted by an advertisement in their feed. I’m not saying that I would make a blanket rule that I would “unfollow” anyone using Magpie, but that is more than likely the outcome.

By: David

David — Mon, 24 Nov 2008 19:49:59 +0000

Got quick responses from Gary (above) and one other on Twitter saying using Magpie would result in an unfollow. No surprise there. And that goes right to the heart of what you said, Brian. In the end, making good money with these tools means marketing and selling your own product.

By: Brian Clark

Brian Clark — Mon, 24 Nov 2008 19:44:48 +0000

My answer to this is the same as for paid blog reviews… I don’t do it because there’s so little money in it. Why alienate your audience for chump change?

Build and promote your own stuff. The audience doesn’t mind as much because it’s relevant (or you’re doing it wrong). And the return is so much higher.

By: Gary

Gary — Mon, 24 Nov 2008 19:41:51 +0000

David – Good post!

I’m with both you and @joywang on this: There needs to be a lot more thought given to how this will effect people before Magpie really takes off on Twitter.

I’ve checked it out and it makes some great promises about the amount of money you can earn using the service. But personally I think the number of people who will unfollow as a result of this will severely dilute the potential earnings. The effect on an on-line reputation can be dramatic as well. As a mater of course I will immediately unfollow anyone who sends a Magpie tweet to my account. I don’t need people I think I know and trust recommending things that they, quite obviously, are not recommending.

There is a business model for monetising Twitter, I am sure of that. Magpie as it exists today is not it.

If Magpie were to set up a subscription service where you could sign-up to receive the tweets in exchange for free Twitter access in future, I think that would be better. The difference is that you know who the tweets are coming from (and are therefore adverts) rather than from someone you know who has no knowledge of what’s being sent under their name.

Just my $.02 worth

@Gaz4695