With all the recent chat about monetizing all these new-ish sites that are currently bleeding cash, there's an interesting piece on The Business Insider about how iPhone apps and Kindle sales are WAY bigger than even YouTube, even though YouTube has many more users than iPhone or Kindle. James Mitchell, a Goldman Sachs analyst says both the iPhone and Kindle stores will generate more gross revenue than YouTube this year. And Apple's net revenue -- the 30% it takes from transactions -- could overtake YouTube in 2010. And never forget, both Apple and Amazon make a ton of money selling the uber expensive hardware all this stuff runs on.
I see all of these "ads" or tweets from anything from my Twilight Fans group that I follow (insert gasp here- yes i love those books a ridiculous amount) and some other music groups I follow. It's too scary for me to honestly try to make money that way- seems too big a risk and not enough proof that there's going to be a decent ROI. I do think this could shift though as twitter grows and evolves with its users. iPhone apps sure make more now but there will be more twitter users trying to come up with ways to sell than there are iphone devs. The process and incredible intellect it takes to develop an app outways just trying to sell stuff via tweet. Can see people starting to promote their own etsy.com pages, ebay pages, craigslist links even to help sell what's already posted. Will be certainly interesting to see where this tweeterific site goes, won't it?!
Social Bookmarks