Forget the Sagging Dollar: Pay with a Tweet!

Well, someone has finally done it…taken the old concept of bartering, combined it with the new concept of social media marketing, and created a brand-new value for the common Tweet.

Leif Abraham, a New York marketer who co-founded “Pay with a Tweet” with Christian Behrendt, tells us, “In general all content creators and marketers want to create buzz for themselves, their brand, product or service. [Pay with a Tweet] is perfect to create a quick buzz around you, your service and your products.”

Officially launched about three weeks ago, Pay with a Tweet allows you to pay for items like a downloaded paper, retail goods, a song, by exchanging the item for a Twitter message. The idea is to use word of mouth marketing to generate buzz for the item, effectively promoting the brand, artist, or retailer.

Abraham and Behrendt envision a platform where online retailers can sell product samples and offer discounts to customers willing to tweet about the product. To benefit, retailers would register on the website and receive a button to embed on their own websites. The merchant can post the message they want ‘buyers’ to tweet so one exact brand message goes out over the digital airwaves. Additionally, the merchant can attach a noneditable URL directing consumers to the merchant’s website. Tweeters may, however, add brief personal comments to the merchant’s message.

Sounds interesting so far? What is less clear is whether any merchants have registered for Pay with a Tweet, or specifically where revenue originates. Still, it’s good to see creativity is alive and well. Only time will tell if this is a concept that catches on with the buying public.

Your thoughts?

3 Responses to “Forget the Sagging Dollar: Pay with a Tweet!”

  • Ok I really like the concept its great, a similar concept is used by Twibes.com and I think ‘forced viral’ when everyone is clear on what is being offered is great.

    The people ‘paying with a tweet’ can obviously very easily game the system by deleting their tweet straight after download. Still I like it.

    I do not think the technology behind it is all that complex so could easily be replicated/ripped off. I had a quick look and it has facebook integration too which is a nice bonus.

    To monetise I think paywithatweet should look at licensing the Software/App so that websites can integrate directly into their own system as opposed to the purely SAAS model.

    just my $0.02

  • Interesting concept. That’s what I call creativity.

    I’ll check it out and try it with an ebook that I want to promote.

    However, I think the danger to this is that you might unknowingly download a file that is infected.

  • walter daniels:

    I ran into a site that had it, along with an Amazon pay option. Only the “paywithatweet” option didn’t work. They lost both ways. No sale and no marketing value. If you use it, make sure it actually works. Otherwise, you lose all value from the offer.

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