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"1) Creating a twitter profile costs $5." It's over then. 99% of users don't care about Twitter that much to pay a dime. Can't charge old users, and growth is
by edblarney 10y ago
"1) Creating a twitter profile costs $5."
It's over then. 99% of users don't care about Twitter that much to pay a dime.
Can't charge old users, and growth is already small anyhow.
Only about 1% of these various service entities will pay.
And the number of 'truly famous people' on Twitter is very small.
Some kind of 'unit payment' scenario would be feasible, but only if it were truly seamless, and no such paradigm exists yet.
The 'problem' is not with revenue, it's with growth and engagement.
- sumitgt 10y agoEdited. I meant creating profiles with tweeting privileges will cost money. I think sometimes we need to rethink what growth and engagement means. In my model, Twitter does not rely on advertising. Famous people might still be interested, because you allow them un-fettered access to disperse their message directly to the population without any filters and trolls bothering them.