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Twitter will launch subscription model

Twitter you are looking for new ways to attract users and more money. Within its traditional platform it has launched novelties such as Fleets, his version of Histories. You are also known to be working in a format of only audio, similar to the now popular Clubhouse. But he seems to have more plans and has been announced that he will launch a new subscription model.

Under the name “super follows“the service will allow users earn income from your followers offering exclusive content.

The company has just shared the first details about its first paid product which is known to combine the trends that already exalts on its platform with new features such as a newsletter Y audio chat rooms.

The company announced the service during an event on Thursday. However, he did not share many details on how it will work, he did not even share a possible date of launch or the markets where it will be available.

However, in the screenshots shared by Twitter you can see a function that allows users subscribe to the accounts of your favorite creators in exchange for certain benefits including “exclusive content”, “subscriber newsletters”, “access to the community“, “offers and discounts “and one”insignia”Which will identify them as support for the accounts.

About him price, in the event Twitter shared that the monthly cost will be $ 4.99 per month, that is about 104 pesos. Although, we will have to wait to know if it is the final price. Even the platform microblogging He said he also plans to explore an option of “tip”, That is to say that the users themselves decide how much to pay. In either case, he indicated that he will provide additional details in the coming months.

New sources of revenue will undoubtedly be key to Twitter’s ambitious plan for double your earnings by 2023. Before the start of his presentations, he also said that he plans to at least double his daily users during the next four years.

In this regard the CEO, Jack Dorsey, stated that, in the past, “we believe that we have not been innovative”, but now that the company has set the goal of increasing the “speed of development” which will boost its results.

Also read: This is how the new option to log out of WhatsApp works

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The other big announcement at the event by the company was “Communities“, a product that seems designed to compete with Facebook groups, and that in addition, it could serve as a space for “Super Follow” subscribers to interact with each other and with the creators of the exclusive accounts that they follow.

They also shared the first details about a new “security mode“which will allow users lock and mute automatically “abusive accounts”.

It should be remembered that the last months have been of many movements for the company. Recently there was talk of the possibility of expelling Jack Dorsey. He has also talked about new products and has bought companies, all of which appears to be paying off as their share price is at an all-time high, double its 2020 high.

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