Social Cord Makes Monetization of Twitter Easier

While there have been rumors of premium accounts, ads and other ideas that could help monetize Twitter, Social Cord is making it easier for businesses, artists and any user to earn some money through tweeting. Social Cord is a new service that allows users to create premium content for their followers to purchase. Users wanting to create premium Twitter content just need to authenticate their accounts on Social Cord and promote the subscription service to their followers.

How does Social Cord work? Whenever users want to send out premium content to their subrscibers, they can log into Social Cord and send the message to the @tipcup Twitter account. From here, subscribers get these messages in a direct message (DM). Mashable writes, “thanks to partnerships with the four major US carriers, the service lets your subscribers pay by entering their telephone number; they then receive a PIN number via a text message which provides access to the content. There’s no credit card required: it simply gets added to your cellphone bill each month. Content providers get around 55% of the cash, while the carriers take 45%”.

The unique way of paying for premium content added by the possibility of increased loyalty and revenue from followers is enough to keep Social Cord on the radar for monetizing Twitter.