How to Make Money on Twitter in 2024 (X monetization)

the social media landscape continues to evolve, offering new opportunities for content creators to monetize their presence. Twitter, now rebranded as X under Elon Musk’s leadership, has introduced a comprehensive monetization program aimed at empowering creators to earn directly from their content. This guide explores the ins and outs of X monetization, providing a detailed look at how to make money on Twitter in 2024, the requirements and eligibility criteria, alternative income streams, payment methods, and specific information about Nigeria’s eligibility.

About X (Twitter) Monetization Program

After acquiring Twitter, Elon Musk rebranded the platform to X, reflecting his vision of a more integrated and multifaceted social media experience. One of the most significant changes introduced is the X monetization program, which allows creators to earn revenue directly from their content. This program is designed to reward high-quality content, foster engagement, and support the diverse community of creators on the platform.

The X monetization program includes several features such as ad revenue sharing, subscription services, and exclusive content offerings. Creators can now monetize their tweets, participate in revenue sharing from ads displayed in their threads, and offer subscription-based content to their followers. These features provide a robust framework for creators to build a sustainable income stream from their activity on X.

Requirements and Eligibility for Joining and Making Money from Twitter (Twitter Creator Monetization)

o participate in the X monetization program, creators must meet specific requirements and eligibility criteria. These criteria are designed to ensure that only high-quality and engaging content is monetized, maintaining the platform’s standards and user experience.

Requirements:

  1. Account Verification or Twitter Blue Subscription: The account must be verified or subscribed to Twitter Blue.
  2. Tweet Impressions: The user must have a minimum of 5 million tweet impressions in the last three months.
  3. Active Followers: The user must maintain 500 active followers or more.
  4. Human Review: Once these conditions are met, the user must go through a human review for Creator Monetization Standards. If they pass, they’ll get approved for monetization and will earn money from Twitter’s ad revenue for ads posted in replies to their tweets.

Twitter is currently testing the monetization feature with limited users. This means even if you meet the requirements set by the platform, you may be put on a waiting list temporarily before your account gets approved for sharing of ad revenue.

Eligibility Criteria:

  1. Location: You must reside in a country eligible for Twitter’s monetization program.
  2. Age: You must be 18 or older.
  3. Account Activity: Your Twitter account needs to be active for at least 3 months.
  4. Profile Completion: Your Twitter profile must be complete, including a real account name, a bio, a profile picture, and a header image.
  5. Email Verification: Your email address must be verified.
  6. Two-Factor Authentication: This must be active on your account.
  7. Account Status: You shouldn’t be designated a state-affiliated media account, and your account must be in good standing with Twitter.
  8. Stripe or paypal Account: Your Twitter account must be connected with a verified Stripe account.

These requirements ensure that the monetization program supports creators who contribute positively to the platform and maintain a high standard of content.

Conduct & Content Standards

To get approved and continue being a member of the Twitter Monetization program, you must work without violating the conduct and content standards of the platform. This includes avoiding frequent violations of the Twitter User Agreement or Content Monetization Standards and ensuring that your account hasn’t been removed as an advertiser for violations of Ads policies or as an Amplify publisher for Amplify Pre-Roll Guidelines previously.

Other Ways of Making Money from Twitter Apart from the Official Earning Feature

While the X monetization program offers a direct way to earn from your content, there are several other methods to generate income from Twitter:

1. Brand Partnerships and Sponsorships:

Collaborate with brands to promote their products or services. Sponsored tweets, product reviews, and brand ambassadorships can be lucrative sources of income.

2. Affiliate Marketing:

Promote affiliate products and earn a commission for every sale made through your referral links. This method works well if you have a niche audience that trusts your recommendations.

3. Selling Products or Services:

Use Twitter as a platform to market and sell your products or services. Whether you have an online store, offer consulting services, or sell digital products, Twitter can help you reach a broader audience.

4. Crowdfunding and Donations:

Platforms like Patreon or Ko-fi allow your followers to support you financially. You can offer exclusive content, shoutouts, or other incentives to your supporters.

5. Driving Traffic to Other Monetized Platforms:

Use Twitter to drive traffic to your blog, YouTube channel, or other social media accounts where you have established monetization mechanisms.

How Does Twitter Pay Creators?

Twitter pays creators through various methods depending on the monetization feature used:

  1. Ad Revenue Sharing: Creators earn a share of the ad revenue generated from ads displayed in their threads. The revenue is typically distributed monthly, and payments are made via direct bank transfers or PayPal.
  2. Subscriptions: Subscribers pay a monthly fee to access exclusive content from creators. Twitter handles the subscription payments and disburses the earnings to creators, usually on a monthly basis.
  3. Tips and Donations: Followers can send tips or donations directly to creators through integrated payment platforms like Cash App or PayPal.

Is Nigeria Eligible for Twitter Monetization?

Yes, Nigeria is eligible for Twitter monetization. Nigerian creators can participate in the X monetization program and other monetization methods available on the platform. However, they must meet the same requirements and eligibility criteria as creators from other regions. This inclusion allows Nigerian creators to tap into the global audience and monetize their content effectively.

Summary and Conclusion

The rebranding of Twitter to X and the introduction of the X monetization program have opened new avenues for creators to earn money from their content in 2024. By meeting the requirements and eligibility criteria, creators can monetize their tweets, participate in ad revenue sharing, and offer subscription-based content. Additionally, alternative income streams such as brand partnerships, affiliate marketing, and selling products or services provide further opportunities for earning.

Twitter pays creators through various methods, ensuring timely and secure transactions. Importantly, Nigerian creators are eligible to participate in the monetization program, enabling them to leverage their presence on the platform for financial gain.

As social media continues to evolve, staying informed about new monetization opportunities and adapting to changes is crucial for success. By understanding and utilizing the X monetization program and other income-generating methods, creators can build a sustainable and profitable presence on Twitter in 2024

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