X is testing new paid membership tiers to compensate for poor ad revenue
X is testing new paid membership tiers to compensate for poor ad revenue
Three different plans will offer various levels of ad exposure.
this is basically the equivalent of "we've tried nothing and we're all out of ideas"
More like they’d rather have a platform of paying neo-nazi users than paying advertisers.
Look at truth social for how that worked.
Let’s see how that works out for them, already seems like it’s going swimmingly
More like "we've tried getting Russian money and it actually worked pretty well."
I can't see why you'd pay for a service that still had ads? It's why I've never gotten cable - if I'm paying, I don't want ads.
The whole "pay to avoid ads" model is so weird though.
I mean, not so much to me. You need to pay for something somehow, either via ads or money.
It’s the pinnacle of modern media. Why w- nevermind.
Without the users, this platform has no value. No one is interested in it already, except for nazis, bigots, and crypto bros. Paying for this garbage makes no sense
Honestly, I don't know what Jack Dorsey is waiting for. The instant Bluesky leaves its closed beta, basically everyone on Twitter is gonna jump ship, and Twitter's transformation into Truth Social 2.0 will be complete.
The iron has been hot for a long while. What's he waiting for?
Infrastructure I think. The last few waves of invites have brought instability to the system if i recall
So it'll end up being a platform of trolls and bigots just screaming into the void and paying for the privilege. What a fabulous idea.
We, who are about to cry laughing, salute you!
die cry-laughing 🤣
FTFY
I'm going to sign up and issue a charge back to make sure I get banned as a customer
This will actually be hilarious because it will out all the state propaganda who will be the only ones willing to pay
Sock puppeting works because it's cheap, requiring payment would be a big spanner in the works.
How do they account for a service like privacy.com which allows you to generate multiple dummy card numbers for a single card?
If the cost of subscription is, instead, the barrier to entry then all we'll end up seeing is parties who have the resources for wide spanning scams or propaganda or whatever it is - and if they're paying then they expect to profit or score gains in some way that justify their costs, which likely means they're effective at what they do
For someone so clever he do make dumb decisions. I don't have twitter anymore and people like me who left are the reason ad aren't working.
"Ahhh, I know. Memberships, Elon you are a god".
Only people like caturd are the type to buy stuff that gives them a fake sense of popularity.
The solution here is simple and it's the same as every other freemium service: milk the whales and serve ads to the plebs. Ideas specific to Twitter:
- animated avatars
- post borders
- badges
- early access to new features
- ad few tiers
Iterate on that and you'll reach profitability, assuming you start with a healthy userbase. The trick is to make them noticeable enough to stroke narcissists' egos, but not so distracting that it turns into a clown show.
Basically, something like Reddit Gold, but broken up into multiple pieces. Those who don't care can ignore it, and those who do can pay out of nose for it.
That Musk doesn't see that just shows how clueless he is. He tried that with the blue check mark or whatever, but he completely changed the meaning behind it, which breaks a huge rule in UX, which is to not drastically change the meaning of existing functionality.
All I can say is. I agree exactly with your statement.
Im from South Africa and that was my initial like for the guy (no other knowledge than that he was South African) but as I got to see him more and more, learn about his background, I realised that he is nothing more than the classic South african rich kid or poes as we call em in SA.
Right around the point where he started calling people pedophiles for not letting him do some crazy thing, I saw that poes he always was, since then I have seen him become more and more of that poes.
I hope everyday he loses everything.
Poes is a vagina in South African Afrikaans but its used more of a diss than an the anatomical description, which would be a dis on vaginas at the comparison.
I prefer the web version with adblocker for zero ads experience that costs $0
I prefer not using X at all, which is free and improves my mental health. That strategy worked well before Musk bought it too. I recommend trying it.
If it's about my mental health it's lemmy I need to quit. My twitter feed is entirely a positive one and I spend less than hour a week there anyways.
Musk wants to create a super app like WeChat. He needs credit cards first. He is turning Twitter into his old X.
It's the Apple app ecosystem without people willing to hand over credit card information for iTunes music. Apple won the mobile phone market because they had customers willing to pay for apps.
They will just keep bleeding their loyal base of users dry until there is nothing left for them to give.
Twitter Blue was a failure, and they want to double down on it? Hopefully there's a mark on their profile so they get bullied again.
As tired as I am of hearing about Twitter and Musk, stories of his costly failures always entertain!
This IS the same guy that kept raising the price of FSD despite not delivering on promises.
This is the best summary I could come up with:
According to Bloomberg’s source who attended a Thursday call with X and debt holders that helped Musk finance the acquisition, the company is currently testing Basic, Standard, and Plus variations of the existing premium plan, which currently starts at $8 per month.
However, according to details previously discovered in the X app, the entry-level Basic plan will not reduce the number of ads that users see on the platform, while the Standard tier will show half as many ads — one of the benefits that premium subscribers currently enjoy.
X has not revealed when these new membership tiers will be rolled out in testing or general availability, or what additional benefits (blue check, edit, etc) each plan might include.
During the call, X CEO Linda Yaccarino said that the company’s advertising, data licensing, and subscription revenue is growing quarter-over-quarter “in the high single digits,” and repeated claims from last week’s Code event that around 90 percent of X’s top advertisers have returned to the platform.
X’s finances have been a hot topic for discussion since Elon Musk purchased the company for $44 billion last year (it’s been valued at just a third of that price since).
Musk previously announced plans to boost revenue and eradicate bots by moving to an entirely subscription-based service that would charge every user on the platform.
The original article contains 392 words, the summary contains 221 words. Saved 44%. I'm a bot and I'm open source!
why do we insist on giving this guy so much free advertising? move on already lol
Delete your xitter account if you haven't already.
Only reason I have twitter is there isn’t a bot feed to mastodon for the POTUS account. All my other feeds (nfl, ESPN, etc…) are being copied or are publishing directly there.
Note, I don’t reply, like, comment or do anything to the feed, I just want to get the news “breaking” or otherwise
