Social Media

Twitter Reaches 50 Million Tweets a day

As bizarre as the number suggests, Twitter has reached 50 million tweets a day, in comparison to the measly figure of 5000 tweets a day since its presence on the web in the year 2007. To put it mildly, this explosion in its number of users and these astounding stats is taking Twitter places since last year only further cementing its place as the ‘SMS of the Internet’.

For those of you who don’t know, Twitter is a micro-blogging and social networking site that is free of cost to sign up with, that allows its users to send and read messages known as tweets that are of no more than 140 characters of length, and is delivered to the user’s subscribers also known as his/ her followers. Its content is divided into sections such as News, Spam, Self-promotion, Pointless babble, Conversational and Pass-along value, of which ‘pointless babble’ heads the list with 40.5 of messages sent.

Perhaps the reason for its uninhibited success as of today can be attributed to the intent of its service as described by its CEO, Evan Williams, “What we have to do is deliver to people the best and freshest and most relevant information possible. We think of Twitter as it’s not a social network, but it’s an information network. It tells people what they care about as it is happening in the world.”

Regardless of reports that Twitter only manages to retain 40 % of its total users, as well as predictions that it will reach only 10 % of Internet users, its current figures of 600 tweets per second is staggering enough to conclude that it is indeed in the top 50 most accessed sites on the Internet.

Using Social Media for Ideas to Making Money

People are social animals. Have you not seen them on their cell phones walking on the street or driving in their cars? You can cash in on this human desire to be in social contact with people at all times. Start a dating service website. There are some out there already, but it is an industry that has room for more competitors, especially in the realm of social media. It will be your job to match them up according to what they have in common. You need to charge for advertising on the website and for people to pay a fee to be processed for dates. It is a sure moneymaker.

In a similar vein, a website that groups people together according to their interests is a real possibility. When you get advertising on this site and charge a fee you will begin to feel like a real entrepreneur. Once categorized according to their first, second and third choices of interests, you can proceed. It might be wise to begin with organizing tours by interest. For example, for the outdoors type, a whitewater rafting outing would be good. Assistants to go out and organize the trips are needed, this is why a membership charge is needed along with as many advertisers to your site as possible.

Something as simple as organizing square dances or modern dances at a set venue would be a successful venture on your part. When you go out and meet the clients at various times they will have no shortage of suggestions. You can feed on these ideas. Once digested the clients’ ideas can be incorporated into your social media website, widening your areas of interest and hence your base of clients. Anything associated with social media is a growing industry with no decline in growth and revenue for the foreseeable future.

Is Crowdfunding the Future of Journalism?

Twitter’s 1,928 Percent Growth and Other Notable Social Media Stats

Lipstick, White Gloves and Protests Divide the Attention of Social Media (Journalism.org)

Lipstick, White Gloves and Protests Divide the Attention of Social Media (Journalism.org)

Social Media Regulation (Inc Magazine)

Social Media Regulation (Inc Magazine)

Reverb: The Real Secret to Marketing With Social Media (Fast Company Magazine)

Reverb: The Real Secret to Marketing With Social Media (Fast Company Magazine)