How can Twitter make money? That’s the billion-dollar question. This question is important for Twitter, as well as its users and global advertisers.

With traditional advertising proving less effective, marketers need new outlets like Twitter and Facebook to help create interest and demand. Here are some ways Twitter can make money.

1. Answer a Person’s Product Need

2. Be a Recruiting Tool for Job Seekers/Recruiters

3. White Label Twitter Functionality for Fortune 500 Companies

4. Analytics Packages for Companies

5. Local Coupon Pushes

6. Micro-payments for Answers to Questions

7. Analytics Packages for Individuals, Small Business

8. Quickly Find Sources for Reporters/Bloggers

9. Capture Revenue from Wireless Carriers

10. Premium Service

(For a full breakdown on each of the suggestions, please follow the link)

10 Ways Twitter Can Make Money - Search Engine Watch (SEW).