Re:Opt-outs highlight the tension between privacy and revenu...
by zestyping on Thursday May 21, 2020 @03:06AM
(#23255614)
Interesting. If the article is correct about the reason for the privacy setting change, then that means Twitter is unable to figure out how to make enough money while respecting people's privacy choices. Twitter only exists in Europe because it is subsidized by Twitter in less privacy-conscious countries.
If Twitter can't make enough money to survive while respecting their users' privacy choices, maybe that's the market telling Twitter that it shouldn't exist. You know, invisible hand and all.
Re:Opt-outs highlight the tension between privacy and revenu...
by dannyw on Thursday May 21, 2020 @03:37AM
(#23255785)
And there are plenty of other ways to achieve revenue targets that's not advertising:
* Integration of memberships like Patreon - Twitter can essentially kill Patreon by building Patreon with better discovery and a non-4GB-memory-eating SPA.
* YouTube Premium, Discord Nitro-like premium memberships with extra features
* Awards like Reddit gold
* Reduce costs by laying off employees
* Focus on core investments and get rid of non-revenue generating projects
Advertising shouldn't be the only business model you embrace.
Re:Opt-outs highlight the tension between privacy and revenu...
by thaumasiotes on Thursday May 21, 2020 @06:16AM
(#23256714)
> And there are plenty of other ways to achieve revenue targets that's not advertising:
> * Reduce costs by laying off employees
> * Focus on core investments and get rid of non-revenue generating projects
How do those help your revenue?
> Advertising shouldn't be the only business model you embrace.
A fine point, but those last two ideas aren't business models. A business model needs to include money coming into the business. Stopping money from leaving is a different thing.
Re:Opt-outs highlight the tension between privacy and revenu...
by Mindwipe on Thursday May 21, 2020 @04:56AM
(#23256253)
There's plenty of people who would pay for Twitter as a premium experience.
Twitter's problem is that the design and product team's egos wouldn't like the fact the main thing people would pay for is being able to opt out of their "improvements" to the service.
£4.99 a month for full API access for third party clients, plus two anonymously nominated other accounts (privacy protecting your alts). Total chronological order. Clients can opt out of all "conversation" UI improvements. Favourites can be turned back to stars. Users can pick the client that's best for them layout wise. A proper, useful search tool. A website with more that two tweets on screen on a 4K monitor. No algorithmic features whatsoever.
It would sell like gangbusters. It might also suggest to shareholders that their biggest problem was Twitter's employees.
Re:Opt-outs highlight the tension between privacy and revenu...
by sergiomattei on Thursday May 21, 2020 @10:03AM
(#23258451)
How is their web UI a disaster? It's the only I've seen deliver a cohesive experience in all devices, mobile and desktop. One of the better crafted SPAs out there, actually.
Re:Opt-outs highlight the tension between privacy and revenu...
by marcinzm on Thursday May 21, 2020 @08:40AM
(#23257675)
Advertising pays significantly better than the other business models and scales significantly better. Reddit's revenue per user is less than 5% that of Twitter and most of that is still from ads.
So no, there's very very few ways to hit the sorts of revenue targets Twitter has without advertising.
Re:Opt-outs highlight the tension between privacy and revenu...
by itronitron on Thursday May 21, 2020 @03:59AM
(#23255894)
I think they, and other social platforms should charge by number of followers an account has. Free for anyone with less than 100 followers, $10 a month for 1000, $100 a month for 10K followers, etc. (and the account owner sets the follower limit but can raise it to the next tier if they want)
Re:Opt-outs highlight the tension between privacy and revenu...
by AznHisoka on Thursday May 21, 2020 @07:40AM
(#23257221)
Substack and it’s perverse companion OnlyFans are good examples of this. Both are growing enormously right now as I imagine a lot of unemployed people are looking to monetize themselves directly.
Re:Opt-outs highlight the tension between privacy and revenu...
by marcinzm on Thursday May 21, 2020 @09:02AM
(#23257825)
Craigslist doesn't need to personalize what it shows for every user which makes it cheap to run. Twitter does. I want my timeline based on those I follow and not your timeline.
Re:Opt-outs highlight the tension between privacy and revenu...
by kungato on Thursday May 21, 2020 @09:37AM
(#23258134)
How complex and demanding do you expect "personalize what I want to see" to be? I remember when i used facebook how I hated when they removed the chronological timeline showing everything Im following. Personally all these "personalization" features are anti features to me. I always though they need this fuzziness to charge for placement of ads and adlike stuff
Re:Opt-outs highlight the tension between privacy and revenu...
by thepangolino on Thursday May 21, 2020 @03:56AM
(#23255878)
What I don’t get is why they can’t go back to contextual ads. Should be obvious to figure out that users following people posting about topic X might actually be interested about commercial offerings in field X.
Re:Opt-outs highlight the tension between privacy and revenu...
by coldpie on Thursday May 21, 2020 @08:43AM
(#23257705)
It really is. Most of what's wrong with social media, and the modern web in general, can be tied back to the perverse incentives that an advertising-based business model creates. If your goal is to drive traffic to view ads, then you do whatever drives traffic, which in the social media and and journalism landscapes is to create outrage and controversy. Advertising as a business model is the problem. We need to fix that. Installing an ad-blocker is a moral choice not to support that business model, and I encourage everyone to do so. The sooner we kill web advertising as a viable business model, the better. They'll find something else.
Re:Opt-outs highlight the tension between privacy and revenu...
by furyg3 on Thursday May 21, 2020 @05:05AM
(#23256303)
How does twitter determine region? If someone uses a VPN do they get different privacy settings? How long do those settings apply forbid they are traveling?
Re:Opt-outs highlight the tension between privacy and revenu...
by aspenmayer on Thursday May 21, 2020 @10:56AM
(#23259102)
‘How does Twitter set my country setting?
‘When you access Twitter, we may receive information about your location, such as your IP address, precise location information from GPS, or information about wireless networks or cell towers near your mobile device. We use information about your location to determine the country setting for your account, based on the countries where we make our services available. If we are unable to successfully resolve your location to one of these countries, it will be set to the United States by default.‘
Re:Opt-outs highlight the tension between privacy and revenu...
by aspenmayer on Thursday May 21, 2020 @11:02AM
(#23259177)
The country setting can be changed by the user. If one wanted to change their country to a GDPR respecting EU country, which should one choose? Does it matter?
If Twitter can't make enough money to survive while respecting their users' privacy choices, maybe that's the market telling Twitter that it shouldn't exist. You know, invisible hand and all.
* Integration of memberships like Patreon - Twitter can essentially kill Patreon by building Patreon with better discovery and a non-4GB-memory-eating SPA.
* YouTube Premium, Discord Nitro-like premium memberships with extra features
* Awards like Reddit gold
* Reduce costs by laying off employees
* Focus on core investments and get rid of non-revenue generating projects
Advertising shouldn't be the only business model you embrace.
> * Reduce costs by laying off employees
> * Focus on core investments and get rid of non-revenue generating projects
How do those help your revenue?
> Advertising shouldn't be the only business model you embrace.
A fine point, but those last two ideas aren't business models. A business model needs to include money coming into the business. Stopping money from leaving is a different thing.
Twitter's problem is that the design and product team's egos wouldn't like the fact the main thing people would pay for is being able to opt out of their "improvements" to the service.
£4.99 a month for full API access for third party clients, plus two anonymously nominated other accounts (privacy protecting your alts). Total chronological order. Clients can opt out of all "conversation" UI improvements. Favourites can be turned back to stars. Users can pick the client that's best for them layout wise. A proper, useful search tool. A website with more that two tweets on screen on a 4K monitor. No algorithmic features whatsoever.
It would sell like gangbusters. It might also suggest to shareholders that their biggest problem was Twitter's employees.
Twitter is the last company I would trust to deliver a product that's not a 4GB-memory-eating SPA. Their current web UI is a disaster in that regard.
So no, there's very very few ways to hit the sorts of revenue targets Twitter has without advertising.
That is very different from saying that a Twitter-like service can't be profitable without advertising.
Another route could be to start a newsletter platform since paid newsletters are getting so big.
A bit of focus on exclusives.. pay for them, vet the story and the person reporting, journalists would fall over themselves to subscribe to that.
Or maybe I read too much bbc
Charge per tweet for anyone with >1000 followers. Those people will gladly pay, they are addicted to the thrill of likes and retweets.
‘When you access Twitter, we may receive information about your location, such as your IP address, precise location information from GPS, or information about wireless networks or cell towers near your mobile device. We use information about your location to determine the country setting for your account, based on the countries where we make our services available. If we are unable to successfully resolve your location to one of these countries, it will be set to the United States by default.‘
https://help.twitter.com/en/managing-your-account/how-to-cha...
https://help.twitter.com/en/managing-your-account/how-to-cha...