Ask HN: Charging for Twitter verification, was it a wise decision?
I am sure there are so many other opportunities to monetize Twitter. Paying for a badge instead of earning it beats the idea of social trust. If Elon Mask is out of ideas, I suggest looking at Telegram, they started selling account handles, IMO this could bring more money.
How much is Twitter going to make out of blue badges? Any ideas?
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Moar pinned lists, $2.99 / mo.
Split screen mobile w/ e.g. compose & browse, $5 / mo.
Grammar suggestions, $5 / mo.
Sound Themes for Twitter UI, free for first 30 days, $2.99 / mo thereafter, includes Star Trek
Sick yearly customized photo book OR custom URL to online archive gallery of your tweets & media, $39.99
Conceptual:
Hashtag Bidding, sky's the limit
Deep Tesla Integration for who knows wtf reasons, $$$
Twitter Phone, free for first year, $$$ / yr. thereafter
You've also been posting some better comments (e.g. https://news.ycombinator.com/item?id=33534384 and https://news.ycombinator.com/item?id=33519411), so this should be easy to fix.
There are an estimated 100,000 current Twitter Blue subscribers and an estimated 400,000 verified accounts. If they all buy the new Twitter Blue for $8/month it will be $48 million in revenue. (And may actually lose Twitter money after app store cut from Google and Apple and with diminished advertising for those users.)
It's confusing, poorly implemented, and not likely to impact the bottom line.
Even if they kept all the revenue, didn't lose out on add sales, and the program cost nothing to implement and maintain, they would need 11 million subscribers every year just to pay the interest on the loans Musk used to buy Twitter. (11 mil * $96 = 1.06 bil)
Probably better to focus on the advertisers.
Well apparently they're now labeling accounts as 'official' so users can distinguish between a mere $8.00/mo tick versus a notable, official account.
1) It's not real verification. You can easily steal someone's name, pseudonym, etc and pay for a blue checkmark.
2) You are treating celebrities and influencers as customers. They are not customers they are the product.
Well apparently they're now labeling accounts as 'official' so users can distinguish between a mere $8.00/mo tick versus a notable, official account.
I'm going to sign up for it. If it means I'm not shadowbanned and get noticed in people's feeds more, then this is a win.
Also Twitter Blue drastically separates the wheat from the chaff. People don't like spending good money to spam (unless I'm wrong, maybe there's a tonne of spammers leveraging Twitter Blue so they can spam).
lol. Oh sweet summer child. You have so much to learn.