Magpie Tweaks its Feathers

Magpie has jumped on the Twitter scene with a force and much of the more vocal initial reactions have been negative (check the 100+ comments on a Magpie post by @GeekMommy). However, with the amount of money they are paying out for occasional Tweets, I believe they are going to have a presence on Twitter for a little while, barring any declarations from Twitter to the contrary.
After receiving some initial feedback from their fast growing user base, (last reported to have over 500,00 combined followers) they have already made some significant changes to their service that should give them even more longevity.
- Old Feature – Tweet/Advertisement Ratio has 6 options from 1/1 to 1/20
- New Feature – Tweet/Advertisement Ratio has 11 options went from 1/1 to 1/200
- Old Feature – Each Magpie ad includes “#magpie” before the ad
- New Feature – Each Magpie ad can include “#magpie” or any text before or after the ad, or nothing at all
- Old Feature – Advertisements entered your stream when they saw appropriate keywords
- New Feature – Advertisements can be set to be pre-approved before entering your stream at all
I have used Magpie for 5 days now. I have had 3 advertisements so far worth a combined €18.33. To get any cash from Magpie you must reach a €50.00 minimum, which I could easily do earning over $5 a day, but for now I have turned off the ads.The original reason I signed up for Magpie was to review it as a new media technology. It is my industry and I need to know how these things work. I will not lie, when I saw I could earn over $2,000 in year with just 1 ad per tweet a day, I considered rolling with Magpie for the rest of the year. There are two issues I would have to see cleared up before I adopted Magpie as a regular service.
- Issue 1: Ad approval, which Magpie has already made a reality within the 5 days I have been testing the service. I think this will make Magpie much more appealing to most Twitter users as it allows you to control the content and retain the trust of your community. Blindly sending ads does comprehensive the ability of your community to trust your content.
- Issue 2: Flooding Twitter with duplicate content. If 100 ads are launched from 100 different Twitter accounts at the exact same time, the flooding of people’s timelines will become a huge issue. I had not thought of this when initially signing up until I read it as a possibility on @GeekMommy’s post, although I have yet to see a real example of it happening. This could be fixed by adopting some time delays or allowing Magpie users to choose 1 of several message options or custom times. But as of now, those options are not there.
Overall, I believe Magpie is a value add to the Twitter community. They will be forced by their advertisers to produce a product that is not ignored by everyone, so I believe a balance will be reached or Twitter users will reject and bankrupt Magpie as a company. The latter seems less likely to me considering the changes they have made thus far. If nothing else, Magpie is the first of many and might encourage Twitter itself to start trying to make some money and ensure the service is around for the long haul.
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