There are millions of folks using Twitter actively. Obviously, the main purpose is to use Twitter as a simplified communication tool/medium. But for some it's more than that. By building a huge list of followers and by sharing your knowledge or something interesting/worthwhile with them, you can turn your twitter account into virtual cash tree!
Image source: Halfway Nerdy
@web2marketer tweeted once: Twitter Marketing Tip: It's not about how many Twitter followers you have...the only thing that matters is "are they listening?"It doesn't matter if you've millions of followers or just few hundred followers in your list. It does matter the way you communicate with them. Think like this: If no one listen or respond on what you've to say/tweet, then it's almost impossible to benefit from it. People have to click on the link you tell them to click. Then only you've a better chance of earning real bucks as a result of your Twitter activities.
Here are the simple steps to success in Twitter monetization:
1. Attract Followers (an audience) by communicating with them on a regular basis. (List of 10000 followers is good enough to get 100s of clicks to your desired link)
2. Win the trust of your Followers (your viewing audience) by sharing your knowledge or interesting/worthwhile things and by giving away freebies (may be a marketing gift!). Direct message for one-to-one communication / Re-tweet their messages / Thank them for their help. Add value for your followers (aka) your future visitors. If you have earned the trust of your Twitter Followers, revenue is certain to follow.
3. Advertise to your Twitter Followers list (Slow and steadily). But never over do the ads. Blend the ads in between your useful tweets (May be something like this, 50 regular tweets : 1 Ad).
It may look as simple as that. But the implementation part is very tough. As you practice more and more in this fashion, rest assure! you're there for enormous Twitter monetization success.