As twitter and twittering is talk of the day on Internet and still there are voices in the air that twitter may come with their version of search engine. However, in this all chattering and babbling over twitter, one such noble idea which paced and placed itself very wisely is of making money from twitter.

And as an initiative on this ground, a European company called Magpie has come up with idea where it pay for getting an access for a twitter account to its holder and further  charges for an advertiser for sending tweets on the name of account holder. It depends on the discretion of an account holder, whether how much liberty he allows to tweet, whether alternatively or once in a twenty tweets.

In case, if a person uses twitter very lightly, with like there to four conversational posts or four blogs post, etc with an average number of followers he can roughly earn $200 USD per month. Other noble way to make money on twitter comes into notice, when a guy tried to auction a background image on eBay.

Some other smarter guys tried to sale off, some portions of Twitter pages like background image and the profile thumbnail. However, Magpie is doing this in organized manner and instead of being in random advertising it is encouraging advertisers to target their ads to keywords from the user’s Twitter stream.