As more people learning day by day how to use Twitter for self-promotion or brand marketing, many developers start to create their numerous applications using Twitter API and offering all the Twitter users multiple ways to make money on Twitter. I am sure there are dozen of methods on how to monetize your twitter account, but today we are going to review a few of the most recent ways to make a few easy dollars.

Most obvious method to make money on Twitter is related to visual advertising and this is possible to do with our Twitter backgrounds we use at our profiles. As you know, profiles and  twitter updates get enough attention from various followers, some companies have seen that and start to offer their tools to help you monetize your twitter account…one of them is TwittAd. TwittAd offers 2 ways to monetize your Twitter profile, post Twitter account for advertisers to aponsor and Opt-In to advertiser campaign.

Another method is let advertisers buy premium tweets. The one company i know is Magpie, their offer to twitter users to send sponsored updates with the texts and links submitted (paid for) by potential advertisers. It looks like this is also one of the most prefered methods by both partises, advertisers and publishers. One more similar service is TwitPub that also lets advertisers buy premium tweets that will only be distributed strictly to one’s approved followers as they only work with private Twitter streams. For publishers…make money as you tweet! TwitPub will reward you with high 80% Payout! Fast payment and scale quicker while you generate earnings with TwitPub’s innovative business model.

Something that is very interesting application for twitter that will let you calculate the value of your twitter account. TweetValue will even let you sell your account after verifying you are the owner. The application provides also badges you can use on your website or blog to showcase the value of your twitter profile.