San Francisco, California (ALBOENEWS) — Twitter has announced that they will begin a closed beta for their new service that will allow advertisers to promote their tweets automatically.
Advertisers will be billed $99/ month for the service, which will allow them to target users by either interest or geography, with demographic targeting to become available later. They will not be able to customize which tweets they have promoted.
This will provide Twitter with a monthly revenue source, and is seemingly a response to their 8% loss in ad revenue over the year-to-year report. The beta is currently a closed beta, meaning that it is only available by invitation at this time.