I signed up for App.net when it first launched. It was a paid social media service that promised to put the customer (the user) first. It started out with what was basically a Twitter clone, but they said the foundation of the service allowed nearly anything to be built on top of it, so it would evolve over time. Ultimately, it didn't take off and shut down some time later.
YouTube offers both models to users. I'm curious how that works out. What percentage opt to pay to avoid ads? And how does the revenue break down for ads vs Premium on a per/user basis?
The big issue with paid social media is that it's hard to get any traction to gain critical mass. A social media site that no one else is on is effectively useless. With something like a streaming service, which people pay for, a single user can get value on their own without needing to talk all their friends into also signing up.
YouTube offers both models to users. I'm curious how that works out. What percentage opt to pay to avoid ads? And how does the revenue break down for ads vs Premium on a per/user basis?
The big issue with paid social media is that it's hard to get any traction to gain critical mass. A social media site that no one else is on is effectively useless. With something like a streaming service, which people pay for, a single user can get value on their own without needing to talk all their friends into also signing up.