Sourced from PR 2.0

When it comes to savvy, proven, and incredibly successful tech investors, Ron Conway is among the top of the list. He has a gift or an uncanny sense of shrewdness, or a fusion of both, to identify real opportunities that will transform into successful exits and also fuel and inspire aggressive innovation in the process.

At the Real-Time Stream event in Redwood City, California organized by TechCrunch, industry pioneers and pundits discussed the state and future of the Real-Time Web also referred to as the “now” Web.

To help entrepreneurs, startups, and industry leaders monetize this tremendous opportunity, Ron Conway offered his vision for the Top 10 ways to profit from Twitter and the real-time Web:

10. Lead generation
9. Coupons
8. Analytics, analyzing the data
7. Enterprise CRM
6. Payments
5. Commerce
4. User-authentication, verifying accounts
3. Syndication of new ads
2. Advertising – Context and display ads
1. Acquiring followers

According to Conway, if you add these up, initial estimates equate to roughly $5 billion. In comparison to traditional monetization in search, Google earns about $20 billion in ads per year.

To view additional pictures from the Real-Time Stream event, please visit my album on Flickr.

To see pictures from the 4th annual TechCrunch August Capital summer party, please visit this album on Flickr.

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Read more from Brian Solis:

Blog: PR 2.0
Book: Putting the Public Back in Public Relations
Social Map: The Conversation Prism

About the Author:

Brian Solis

Brian Solis is principal at Altimeter Group, a research-based advisory firm. Solis is globally recognized as one of the most prominent thought leaders and published authors in new media. A digital analyst, sociologist, and futurist, Solis has studied and influenced the effects of emerging media on business, marketing, publishing, and culture. His current book, Engage, is regarded as the industry reference guide for businesses to build and measure success in the social web.

Visit Brian's page at http://www.briansolis.com

Discussion

    diktamno9 September 2009 7:57 am

    Can I Buy A Twitter Account?