Chango Inc.

Chango Inc.

May 28, 2009 09:42 ET

TweetBucks Generates First Revenue Stream for All Twitter and Facebook Users

Chango launches TweetBucks to help social media users turn popularity and influence into revenue

TORONTO, ONTARIO--(Marketwire - May 28, 2009) -

Editors Note: There is a photo associated with this Press Release.

Chango Inc. officially launched TweetBucks.com today, 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.

"My readers are always looking for convenient ways to generate revenue from their hard earned reputation and reach on Twitter," said Chad Randall, founder of ProTwit.com. "TweetBucks takes the complexity out of affiliate marketing, and makes sure every shortened URL is an earner with ad-frames. I highly recommend it to anyone looking to make money on Twitter."

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

About Chango Inc.

Chango Inc. was founded in 2008 to dial-up in-text revenue for on-line publishers. TweetBucks is Chango's first product, designed to enable social media users to generate revenue from the shortened URLs they post on services like Twitter, Facebook and FriendFeed. More information about TweetBucks can be found at www.tweetbucks.com. More information about Chango can be found at www.chango.com.

To view the photo associated with this press release, please visit the following link:

http://www.marketwire.com/library/20090528-tweet_job_800.jpg

Contact Information

Webosphere

Keyword Cloud

View Website