For The Price Of A Tweet

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Paying People to Drop Out of College

August 10, 2010 by Rich Whittle | 0 Comments

Traditional advertising can no longer hold a candle to promotion via social media and aiming to make the value of such social endorsements explicit, Pay with a Tweet is a platform that lets content owners sell their goods in exchange for a single tweet rather than cash, reports trendspotter Springwise.

Developed by Innovative Thunder, Pay with a Tweet bills itself as “the first social payment system where people pay with the value of their social network.”

In other words, rather than paying with currency, purchasers of any kind of content tell their friends on Twitter about it instead. Interested content owners simply sign up with Pay with a Tweet, including the download URL, the tweet to be posted and a link to their company’s website.

Purchasers, then, follow a “forced viral” model to promote the product in question far and wide.

Traditional advertising’s impact has been fading for some time now, but this is one of the first attempts we’ve seen to make social media’s value explicit.