So how does Damier do it? Social Trends Media operates over 200 accounts across Facebook, Twitter, and Instagram. The Twitter accounts, including @HistoryinPics, alone total about 100 million followers. Using their accounts, they post links to a website called Kulfoto.com and make most of their money off of ad revenue. Every time someone clicks on the link, they earn money.
The links are usually to slideshows on Kulfoto.com that are relevant to that account. For example, their @HistoryinPics page has posted a link entitled “13 Ridiculously Offensive Vintage Advertisements”.
This all seems too good to be true to me. It seems like Damier got to his position by slapping together some slideshows, paying for some ads, and overseeing some Social Media pages. It makes me wonder where entrepreneurship is going. Obviously it’s already at least partially transitioned into the digital world, but does the Internet make it this much more easier to become successful?
Article by J.J. Colao:
http://www.forbes.com/sites/jjcolao/2014/02/27/the-1-million-a-month-business-behind-your-favorite-twitter-accounts/
Great post, Tom. I was reading about this earlier today and it definitely amazed me. He also runs it with three of his buddies, and two of them are under twenty years old. It is crazy how social media can become a business and these guys are definitely doing it right. It doesn't seem like you would need much money starting this type of business either. I definitely think internet has impacted business success and I wonder who is going to come up with the next million dollar idea.
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