What is Twitter's Cost Per Follower?

joyce.sun
Joyce Sun Content Marketing Intern, Insightpool

Posted on August 14th 2013

What is Twitter's Cost Per Follower?

For companies who wish to more formally advertise on twitter, cost per follower (CPF) is an easy measurement that ensures you only pay [in money] as much as you receive [in followers]. Twitter allows companies to advertise on a few different levels: for a price, twitter will promote specific accounts, tweets, or trends. Cost per follower pricing is used to rank promoted accounts.

What is a promoted account?

Promoted accounts are the first results to come up in searches relating to your company; promoted accounts also appear in the “Who to Follow” section for relevant twitter users. Twitter can target potential followers based on a variety of criteria, such as geography, interest—for example, the users who follow companies in the same industry as yours—gender, or device. Twitter then promotes your account in the “Who to follow” section of those targeted users.

current average cost per follower

Image Source: agbeat.com

So what will a promoted account cost me?

Here’s where the cost per follower comes into account. Companies “bid” to be promoted based on how much they are willing to pay for each person who follows the account due to twitter’s recommendations. Twitter will recommend bidding prices based on the average amount that competitors are bidding. Currently, the average ranges from $2.50 per follower up to $4.00 per follower, although bidding higher will get your company higher priority in twitter’s recommendations.


Twitter also allows you to set a budget—once you have acquired a certain number of followers, or respectively paid a certain amount for advertising, twitter will stop promoting your account so that you do not spend more than you plan for. Depending on the success of the promotion campaign, you can adjust your budget as you find need.

For more information, see what twitter has to say about its advertising process here.

joyce.sun

Joyce Sun

Content Marketing Intern, Insightpool

I am a content marketing intern at insightpool, a company that specializes in automation software for social media marketing. As such, I try to keep up to date with both the latest and basics of the social media marketing world, and discuss my findings through our company blog

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Comments

micvadam
Posted on August 14th 2013 at 8:43PM

Here is more information on MANY MORE social media platforms... - http://micvadam.wordpress.com/2013/07/19/how-social-media-platforms-make-money/

 

Ellen_S
Posted on December 2nd 2013 at 11:43AM

@Mic Adam

another great source: SocialMediaFollowers.net

@Joyce Sun

Thanks