Twitter can represent a huge source of traffic for your blog, but how you can best capitalize on this phenomenon? Part of it has to do with syndicating your blog content via your Twitter stream, but what if your readers want to share your articles with their followers too?

Well, the folks at Twitter have now released the official Tweet button that can be implemented on just about any website. In short, it puts a small “tweet” button your page, automatically generating a shortened URL, and allowing your readers to share the link with just a couple of mouse clicks. This is implemented right on your blog itself. The button also shows the number of times that the link has been shared.

There are two ways to go about implementing this feature on your WordPress blog. You could use the official utility from Twitter.com. This generates a couple lines of HTML code that can then be inserted into your theme templates as you see fit.

Alternatively, you could use any number of different WordPress plugins, like WP-Tweet, to achieve much the same functionality. Both approaches have their respective pros and cons.