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02-12-2009, 01:04 PM
pTwitternbsp;co-founder Biz Stone said the company will continue to allow the service to be free to use by everyone. emMarketing/em magazine implied that comments made by Stone meant the company would be billing corporations for their use of the free micro-blogging service./ppIn comments on the company's official blog, Twitter said it hopes to begin iterating on revenue products this year (We suspect their venture investors have the same hope, preferably with faster/sooner iteration). So, subscriptions sound like they're out, but advertising and user demographics could be the direction the micro-blogging site takes./ppThe emMarketing/em interview circulated around the globe had Stone saying how company could identify ways to make the experience even more valuable but wouldn't comment as to how much the bills might be./ppStone said it could create revenue generating features to tap into the way certain brands are using Twitter as a combo of marketing devicenbsp;and customer service tool. The company could charge for display ads or by providing customer information for more targeted marketing.nbsp;Corporate users are willing to see if Twitter comes up with a value proposition they would pay for, otherwise they'll stick with free./ppMaking money through Twitter is on the minds of a lot of people these days. The company reported turned down a $500 million purchase offer from Facebook, albeit a mostlynbsp;stocknbsp;offer,nbsp;and recently raised $20 million in cash with an alleged valuation of $250 million./ppFor more:br /- emMarketing/em mag talks to Twitter. a href=http://www.marketingmagazine.co.uk/news/879748/Twitter-begin-charging-brands-commercial-use/Post/a.br /- Twitter says all smoke, no fire. a href=http://blog.twitter.com/Blog/a./ppstrongRelated articles/strongbr /a href=http://www.fiercevoip.com/story/twitter-raises-cash-valued-250-million/2009-01-25Twitter raises cash, valued at $250 million - FierceVoIP/abr /a href=http://www.fiercevoip.com/story/mccain-and-obama-twitter/2008-06-22McCain and Obama Twitter Up - FierceVoIP/a/p
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