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At $1/year, this isn’t a revenue play because after card and/or platform fees - it won’t amount to much at all. However, account signup will definitely drop co
by tiffanyh 3y ago
At $1/year, this isn’t a revenue play because after card and/or platform fees - it won’t amount to much at all.
However, account signup will definitely drop considerably, because that’s a pretty big barrier for most users.
So I’m actually inclined to say, this probably is a strategy purely to combat bots.
- slg 3y ago>At $1/year, this isn’t a revenue play because after card and/or platform fees - it won’t amount to much at all. It isn't purely about the $1 per year revenue. It is about having a customer credit card on file which reduces friction for every future situation in which the user is charged which increases future revenue.
- Scipio_Afri 3y agoIt’s not staying $1 forever. You subscribe and then they boil the frog with upping it to $2, or higher
- lapcat 3y ago> after card and/or platform fees > It is about having a customer credit card It's interesting that you mention platform fees, because if this subscription plan is available in the App Store, then Twitter wouldn't have your credit card on file, Apple would. Indeed, if new users get a paywall in the app, then I think Apple's rules would require the subscription to be available in the App Store.
- earthnail 3y agoA customer credit card is yet another barrier for bots. Since the finance industry is so strictly regulated, you can imagine that it'll actually be quite hard to get fresh credit cards for your bots at scale.
- userinanother 3y agoIt’s not there are services they are available to everyone they aren’t even illegal or grey market. Amex and citi offer em
- taurath 3y agoThey’re going to enable purchases directly off of the platform and probably a user to user payments platform because that got Musk rich in the past and why wouldn’t he run it back?