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TweetBucks Generates First Revenue Stream for All Twitter and Facebook Users

Chango Inc. launched TweetBucks.com, enabling users of social media sites such as Twitter and Facebook to generate revenue from their shortened URLs with affiliate commissions and pay-per-click ad-frames. This is the first service that enables all Twitter users to generate revenue from their tweets. With the launch, TweetBucks is offering users a starting account balance of $5, and a 10% referral commission on all new users they invite to the service.

At TweetBucks.com, users can create an account in seconds and start shortening URLs using the popular Bit.ly service. Behind the scenes, TweetBucks searches its database of thousands of merchants for affiliate programs that match the destination URL. If there is a match, the user earns 70% of the affiliate commissions every time a click on their shortened link results in a sale. If there isn’t a match, users have the opportunity to put a co-branded ad-frame on the target site and make money from every click.

Because of the high volume of merchant purchases that TweetBucks processes, most users will earn as much or more than if they managed their own affiliate accounts, but without the complexity. TweetBucks pays commissions monthly through PayPal when accounts exceed $25. For a limited time, TweetBucks is helping new users along the path to revenue with a $5 starting balance in their account. In addition, users will earn a 10% commission on all revenue earned by people they refer to the service for six months after they signing up.

"Unlike blogs and websites, Twitter users can’t generate revenue from their valuable content by integrating traditional ad units," said Chris Sukornyk, CEO of Chango, the company behind TweetBucks. "We believe all social media users should be compensated for the content they create, and with TweetBucks it’s now possible. While Twitter users concentrate on producing high quality tweets, TweetBucks helps them generate revenue from their content."

TweetBucks takes the complexity out of using affiliate programs to generate revenue. Without TweetBucks, users would have to create their own affiliate accounts with thousands of merchants, and manually insert the right code in the target URL before shortening. With TweetBucks, users simply enter the URL and click ’shorten’; the rest is automatic.

TweetBucks.com is free to use, takes only seconds to get started, and is now available for all social media users to make money.

 [May 29, 2009]


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