As Twitter continues to tighten its grip on the social media sphere, they’ve begun to adopt strategies that other companies have utilized in order to maintain their monopoly. In an effort to quench their ever-growing thirst for users, they’ve now decided that paying customers are more desirable than those who can only access their service through a web browser. With this new pricing strategy, it would seem as though Twitter is becoming more and more like Facebook – a company that charges for basic services in order to make money from ads. While some may see this as Gree’s attempt to take over the world, others could see it as another way for them stay afloat in a fiercely competitive market.
With more people using smartphones and apps, developers are seeing greater profits. But there’s one big expense that smartphone companies don’t have to pay: fees for in-app purchases made through their platforms. Simon Nixon of Cambridge Wireless Research Associates said, “Apple basically has the market sewn up because they allow no third party payments and Google doesn’t either with Android – but this puts them at a disadvantage because Apple charges between 30 and 50% of revenues on in-app purchases while Google charges less than 10%.
Twitter’s Blue plan is now available in six countries, which makes tweeting from more places easier and more fun.
Twitter offers the Blue subscription which allows users to tweet more than 140 characters per post. In addition, the subscription includes access to live streaming of certain events, such as presidential debates. The price for the blue subscription is $5.99 CAD per month or £3.99 GBP per month.
Twitter is a great way to keep in touch with friends and family, share newsworthy events and get updates on the latest happenings. With features like the blue verification mark, longer video uploads and priority ranking in conversation replies, Twitter is perfect for staying up-to-date on all the important happenings.
Given the high price for a single Twitter account and how little guaranteed value is provided in exchange, many people are tempted to subscribe to the Blue plan in order to get access to all of the latest features. However, given how quickly Twitter has rolled out new features and pulled them back again, it’s uncertain if these benefits will remain available for an entire year. With so much uncertainty surrounding this subscription plan, it may be best to simply sign up for a free trial of the service first and see if you like what you’re getting before shelling out 84 bucks every year.
Twitter has long been a popular platform for sharing news, thoughts, and ideas with friends and family. But now that it has introduced a paid plan, will users switch over to the more expensive option? In early 2018, Twitter announced that it had borrowed $13 billion from various banks in order to purchase the company. Now that the company is ready to start turning a profit, analysts are wondering if this investment will prove worthwhile. The new paid subscription plan costs $9 per month or $99 per year—up from the currently available free plan. If subscriptions increase significantly as planned, then Twitter would be due for interest payments on its loans in the coming months. However, if subscriptions stay relatively low given how much competition there is on social media platforms these days, then banks may be less likely to demand payment on those loans before they come due. This would allow Twitter more time to grow its business before it begins carrying an extra financial burden.}
