Despite the recent leadership change, CEO and Co-Founder Jack Doresy step down, can twitter find the right monetization model.  The rumor is that twitter will have a profitable revenue model by next year.  Without this revenue stream will twitter continue to be backed by Spark Capital?

The financial issue that many social networking sites face is monetization– revenue streams.  It is essential that social networking sites find a way to generate a profit to stay afloat.  Many experts think CPM is an inefficient monetization model. 

So, what is a good monetization model for social networking sites?  Some terms being used are “Influence Rank” and “Mobile Phone Apps”.  How a monetization model using influence rank, and mobile apps are still be worked out.

Influence Ranking works by tracking your influence on others.  Example – you share a link — tracking your influence would be how many of your friends and their friends … click the link.

Will twitter find the right monetization model?

What is Twitter- Twitter is a free micro blogging/social networking service that enables users – twitters/tweeples to send and received updates from followers and other users.  Twitter also enable users to search other updates to keep up with the latest and greatest.  You can sign up to twitter for free at (twitter com).  You can follow me on twitter at http://twitter.com/ysdata.

Other Revenue Sharing Thoughts

Revenue Sharing Model – Revenue sharing is just what it saids — sharing revenue.  Maybe a deal between twitter and youtube can create a great revenue model for twitter and benefit youtube as well.

Update On Twitter and A Revenue Model

Just in — Twitter has a new app called twitpay which allow a users to send cash from another service to your twitpay account.

Once you have cash in your twitpay account you can send money to another twitpay user. Example: @ysdata twitpay $20 for shoes.

Twitpay takes a .05 cent commission on each transaction. To learn more about twitpay see their FAQ.

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