It is always sad when a company closes their doors, I have been part of quite a few of them over the past two years and I can safely say that pretty much all of them I have not really missed (apart from the ones that owed me money!).
That was until I found out today that TweetROI has closed down.
TweetROI were one of the many companies who offered to pay you money to post sponsored tweets on your Twitter account from advertisers. I personally did not earn a terrific amount from them but I found them to be a very friendly and somewhat efficient company.
Apparently the writing was on the wall for the company when Twitter threw their dummy out of the pram several months ago and tried to block people from posting sponsored tweets on their accounts.
A lot of the companies tried to find ways around this (some of them were successful and some were forced into resorting to manually inserting tweets) but for some reason TweetROI decided instead to just shut down the operation and walk away.
They have promised to payout to anyone who has met the $20 payout requirement. If, like me, you have not hit the payout requirement then I’m afraid to report that you will not see a penny of it. The owner even confesses this on the video on their home page.
It is sad to see because it is one less company in the market, which means less opportunities to earn money by posting sponsored tweets. But on the plus side maybe I’ll be able to attract some private advertisers to take advantage of my sponsored tweet advertising rates.