There are different ways to monetize your followers. Just think about this...they are ultra targeted visitors looking to go to whatever it is that you show them. Again, targeted, so whatever you send them to, make sure they will have an interest in it. Depending on the software you use (I use Instadominate), you can target hashtags and then just do it in volume.
BTW, on a side note, if anyone is looking to purchase a basketball themed account with 1200 followers, drop me a me. You can peddle sneakers, among other things.
Thanks.