Social Media ROI is the big topic these days. What can corporations do
to see a return in profit from their online efforts? How much should be spent versus how much will come back? However,
bloggers, personality tweeters, and Facebookers are making profits, too, and
yes, you can also make a little cash off your personal accounts.
Izea, is a self-proclaimed “World leader in sponsored
conversations.” Through several targeted programs, Izea connects bloggers with
products and pays the bloggers for writing about the products in their own
voice- a sponsored blog or tweet. Sponzai, another incarnation of this product,
has sponsors crafting their own copy, and selecting from a pool of blogs to
publish on; the blogger gets paid for this post.
Sound scandalous? It shouldn’t. In 2009, Twitter made
approximately $29 million from its syndication deals with search giants like
Google and Bing. That’s $29 million Twitter is making off your tweets. Your movie opinions, lunch choices, and inner thoughts, putting money in
Twitter’s pocket; why not use Twitter to put money back in your own pocket,
right?
Not surprisingly, the system of earning cash through your
tweets or blogs is the topic of much criticism.
Sponsored blogs are often thought of as insincere, with sincerity being the
very essence of why we love bloggers. Tweets with the “#ad” hashtag are
sometimes labeled as spam even though Izea follows a strict code of ethics and
is considered a governing member in good-standing of WOMMA
. But what does a system of pay-per-tweet say about the direction social media
is going in?
Is this a chance for the every-man to regain control of his
content or are we at risk for a new level of spamming never before seen: from
friends and family straight to your mobile, home, and work devices? And what
does this mean for those personal relationships? Sponsors aim for tweeters with a large following, but aren't those with a close-knit, respected group going to bank more clicks? Are you less likely to trust
your friends and businesses after seeing a sponsored post?