Viewing a single comment thread. View all comments

0x6835 t1_j96n1jw wrote

People said Elon Musk was insane for doing this and now Meta is doing the exact same thing.

Remind me of Samsung making fun of apple then copying the same ideas.

186

I_Like_Driving1 t1_j96ngxw wrote

That doesn't mean they're achieving anything.

91

0x6835 t1_j96nqj0 wrote

They're extracting more money from clout chasers.

56

I_Like_Driving1 t1_j96p1w8 wrote

Clout is only happening if you have an audience. I doubt Facebook/Twitter will maximize their userbase with these options. We'll see what happens.

27

0x6835 t1_j96u0zl wrote

Not FB, but instagram. A lot of small businesses/ E-girls/ content creators who are not notable enough will buy it.

22

Spaceman-Spiff t1_j98cz85 wrote

If you get boosted in the algorithm everyone who monetizes social media will pay for it. I see people who rail against Elon but still have Twitter blue because they depend on it to make money.

13

totemlight t1_j9ae283 wrote

Yeah but they might stop making money if people stop using it….

2

Butterbuddha t1_j9azxmf wrote

Wait I thought that the only way for it to be worth it was if you ARE notable, so you can protect your brand? Grandma doesn’t need the blue check but Volvo might

1

0x6835 t1_j9b4ugd wrote

Volvo most likely already several verified accounts. But some mid-size youtube/podcaster may not be notable enough to get one so they'll buy one.

2

CaliforniaF0g t1_j97uafe wrote

They could've earned a lot more if it was for an ad-free experience. My guess is that will be Facebook's next paid DLC.

9

Daimakku1 t1_j97xba2 wrote

Didi he finally give up on that Metaverse thing or is he still at it?

Havent read any shill articles about it for a while now.

7

LeonBlacksruckus t1_j97lyz5 wrote

People are so ignorant. They are responding to increased privacy rules and regulations and trying to get off relying on ads as their only revenue driver.

It’s also a very simple way to essentially eliminate bot farms.

4

stsh t1_j9evlk9 wrote

I have a hard time believing that 2 of the largest companies in the world with some of the largest data resources on the planet would implement this if they weren’t achieving anything.

There’s clearly something to this that critics are missing.

Any sort of objective dialogue on what this could accomplish when Twitter implemented it was drowned out by Reddit’s vocal hate for Elon.

1

PopCultureWeekly t1_j97xxc4 wrote

And Musk is insane for doing it. Less than 100,000 people are paying for it on Twitter. Lol

13

whatweshouldcallyou t1_j9agjgc wrote

What an insane guy, creating a new revenue stream that ONLY around 100,000 people are paying.

−6

PopCultureWeekly t1_j9apor3 wrote

It’s actually 37,000. If you think 37,000 people paying $8 is going to make a dent in that $44 billion dollar purchase I’m not sure what to say

6

whatweshouldcallyou t1_j9ard92 wrote

37000 in the first few weeks. That number will likely grow to at least double by June. And, it's a non trivial revenue stream.

−6

PopCultureWeekly t1_j9as2k2 wrote

It’s been two and a half months. And it actually went down. My guess is once people started getting that 2nd charge

7

Heelricky16 t1_j99opg6 wrote

I’m not sure what I’m missing here. How is he insane for doing it? Sure, less than 100k May be paying for it, so let’s say 80k, @ $11/month (iOS prices) that’s making them $880k a month just for people who want a blue check mark

−7

OriginalCompetitive t1_j98dkfp wrote

Not at all. The ability to publish a tweet to the world is nearly worthless to most people, but incredibly valuable to some. How much would Nikki Haley have paid, for example, to publish her candidacy for President to the world? $100,000? More? How much would Trump pay per tweet? How much would McDonalds pay? Hundreds? Thousands?

Charging commercial users a hefty price while letting normal people tweet for free is an obvious move, and makes perfect sense.

−20

macweirdo42 t1_j9a7d2f wrote

Power users drive engagement and are the reason anyone comes to Twitter in the first place. He's trying to double dip.

3

epic_null t1_j995mek wrote

... They missed the hype train a while ago. Tumblr's over here making them all rainbow and letting people send them to each-other.

2

JaggedMetalOs t1_j99lb7w wrote

Once they see one company get away with it they all want in on it...

2

GoblinBrain420 t1_j9ac0z9 wrote

As a social media manager this is going to utterly fuck my role.

No doubt I’ll have to start thinking of two tier content ideas. One for the ones who pay and expect more high production posts and then ideas for the normies.

2

Psychobob2213 t1_j9c1zbz wrote

They all know the game at this point. The first one to monetize something that shouldn't be monetized is ridiculed, and maybe delays rolling it out.

A handful of folks remember and point out how ridiculous it is when the second one does it. Then the third does it and we're used to getting screwed.

Luckily we're still on step one with car manufactures coopting the on-disc DLC model with BMW pay-walling heated seats.

1

CaptainClownshow t1_j9eh1k3 wrote

Zucc isn't exactly the picture of smart decision-making. Look at how much money he's wasted on his metaverse .

1

0x6835 t1_j9ej6z1 wrote

He made billions and billions before that lol.

1