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Twitter is Reportedly Working on a New Set of Paid Tweet Options Under a Monthly Subscription Model
What additional Twitter features would you pay for to enhance your in-app experience?
Last July, Twitter sent out a survey to some users which posed this exact question, along with a range of potential paid tools that it may look to offer, and since then, the platform has been developing its new set of subscriber options in alignment with those responses.
Which may soon lead to the next stage – according to a new finding by app researcher Jane Manchun Wong, Twitter will soon look to launch ‘Twitter Blue‘, which will enable users to pay a fee of $2.99 per month to access a range of these next-level Twitter functions.
As you can see in this screenshot, shared by Wong, Twitter Blue would provide access to new tools like Collections for Bookmarks, which would enable users to categorize their saved tweets into topic folders, while Wong also notes that it would give users access to an ‘undo tweets‘ option that would let users retract their tweets within a certain period after posting.
Which is not exactly tweet editing, but would provide an extra option to re-check and correct tweet errors.
Would that be worth $3 a month?
It may not be the only option – Wong additionally notes that:
“Twitter is also working on tiered subscription pricing model, with one tier having more paid features than the other For example, users on higher-priced tiers could enjoy premium experiences, such as clutter-free news reading experience (Twitter acquired Scroll recently).”
Scroll, which Twitter acquired earlier this month, provides a service which enables users to pay a single subcription fee to Scroll which is then applied to each individual article that they read from partner sites, enabling users to avoid paywalls, and remove in-content ads, without having to subscribe to every publication individually. Scroll then passes on the relevant fees from your Scroll subscription to the relevant websites based on your activity.
Wong’s prediction is that this would be incorporated into another tier – let’s say ‘Twitter Red’ or ‘Twitter Green’ for example – with each providing a different level of access to these add-on features.
So what other kinds of features could be on offer to lure these new tweet subscriptions?
As noted, in July last year, Twitter sent out a survey calling for user feedback on potential subscription options.
???? Here’s a list of features Twitter may be considering for its paid / subscription service
Which would you be willing to pay for? pic.twitter.com/w8vYumrpx3
— ???? Matt Navarra (@MattNavarra) July 31, 2020
Those possible add-ons included:
- Undo send – An option to recall your sent tweets within a 30-second window
- Custom color options – New ways to customize your Twitter profile presentation
- Advanced video publishing tools – The capacity to publish significantly longer videos in your tweets
- Profile badges – A profile badge that links back to your business/employer
- Auto replies – The capacity to add auto-response options to use in your tweet replies
- Social listening – More insights into your tweet engagement and discussion around your Twitter handle
- Brand surveys – An option to run surveys about your Twitter ads to get more feedback
- Custom stickers and hashtags – The capability to create custom stickers and ‘hashflag’ emoji-linked hashtags
- Job ads – Optional job ad listings
- Administrator role management – New options to define how staff/contractors can control Twitter your account
- Insights into other accounts – More analytics options, including the capacity to see all your past reactions with any account
- Education resources – Access to more Twitter training courses and tools
So going on this, it seems like maybe an alternative ‘Twitter Red’ subscriber tier could be focused on professional usage, with more tools to help social media marketers better manage their tweet activity, including additional insights into performance, and new customer feedback tools.
Which could be worth the additional investment, while charging for on-profile badges, or maybe even business account tools, could be another element under consideration.
Twitter shared a preview of its in-development profile badges and tools for businesses recently, as it sought further feedback from potential brand users on what it should be focusing on.
That could also include new, variable display options on business profiles for products, apps, etc.
Which is interesting, and would add a range of new considerations for your tweet connection and promotion options, while Twitter is also developing new on-platform eCommerce tools, which could add another valuable tool into the mix.
But what if these tools weren’t made available for free? What if Twitter did eventually make these available, but if a business wanted to use them, they’d have to pay, say, $5 per month for ‘Twitter Red’ (or whatever color it may be) membership?
Would you pay?
Even if you wouldn’t, I’m guessing that at least some percentage of business users would, and with Twitter also re-opening profile verification, likely next week, all the elements appear to align.
So while, at first blush, many will instinctively balk at the idea of paying for these new Twitter features, and mock the suggestion that anyone would give Twitter money for such, it could actually end up being a big winner for the platform.
Imagine the millions of businesses that are active on Twitter right now. Twitter doesn’t currently offer business profiles, so we can only guess at this figure, but as a comparison, more than 200 million businesses are currently active on Facebook.
Let’s say that half of those brands are also active on Twitter (100m), and that maybe 20% of them might pay an extra $5 per month for these new business add-on tools. That would lead to $100 million more per month coming into Twitter’s coffers, or $300m per quarter. That would equate to a 33% increase in Twitter’s revenue rate, in a single stroke.
This doesn’t seem so out of the question – so while it’s possible that Twitter Blue, for individual users, may not become a massive hit, maybe it wouldn’t need to. Maybe, the bigger element is the expanded business tools, and the additional offerings that Twitter could build into its tiered subscriber options.
Yet, even within that consideration, some people are going to pay $3 for a few extra Twitter tools – and even if only 1% of Twitter’s current userbase signs on for such, that would still be an extra $6 million per month (+$18m per quarter) for the company.
Yes, it may seem like a stretch to expect people to pay for a couple of extra tweet features, but you may also be missing the bigger picture. We don’t have enough to go on at this stage, and Twitter’s keeping quiet for now. But the full scope of this launch may be far more significant, and valuable, than we can currently see.
We’ll keep you updated on any progress.
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12 Proven Methods to Make Money Blogging in 2024
This is a contributed article.
The world of blogging continues to thrive in 2024, offering a compelling avenue for creative minds to share their knowledge, build an audience, and even turn their passion into profit. Whether you’re a seasoned blogger or just starting, there are numerous effective strategies to monetize your blog and achieve financial success. Here, we delve into 12 proven methods to make money blogging in 2024:
1. Embrace Niche Expertise:
Standing out in the vast blogosphere requires focus. Carving a niche allows you to cater to a specific audience with targeted content. This not only builds a loyal following but also positions you as an authority in your chosen field. Whether it’s gardening techniques, travel hacking tips, or the intricacies of cryptocurrency, delve deep into a subject you’re passionate and knowledgeable about. Targeted audiences are more receptive to monetization efforts, making them ideal for success.
2. Content is King (and Queen):
High-quality content remains the cornerstone of any successful blog. In 2024, readers crave informative, engaging, and well-written content that solves their problems, answers their questions, or entertains them. Invest time in crafting valuable blog posts, articles, or videos that resonate with your target audience.
- Focus on evergreen content: Create content that remains relevant for a long time, attracting consistent traffic and boosting your earning potential.
- Incorporate multimedia: Spice up your content with captivating images, infographics, or even videos to enhance reader engagement and improve SEO.
- Maintain consistency: Develop a regular publishing schedule to build anticipation and keep your audience coming back for more.
3. The Power of SEO:
Search Engine Optimization (SEO) ensures your blog ranks high in search engine results for relevant keywords. This increases organic traffic, the lifeblood of any monetization strategy.
- Keyword research: Use keyword research tools to identify terms your target audience searches for. Strategically incorporate these keywords into your content naturally.
- Technical SEO: Optimize your blog’s loading speed, mobile responsiveness, and overall technical aspects to improve search engine ranking.
- Backlink building: Encourage other websites to link back to your content, boosting your blog’s authority in the eyes of search engines.
4. Monetization Magic: Affiliate Marketing
Affiliate marketing allows you to earn commissions by promoting other companies’ products or services. When a reader clicks on your affiliate link and makes a purchase, you get a commission.
- Choose relevant affiliates: Promote products or services that align with your niche and resonate with your audience.
- Transparency is key: Disclose your affiliate relationships clearly to your readers and build trust.
- Integrate strategically: Don’t just bombard readers with links. Weave affiliate promotions naturally into your content, highlighting the value proposition.
5. Display Advertising: A Classic Approach
Display advertising involves placing banner ads, text ads, or other visual elements on your blog. When a reader clicks on an ad, you earn revenue.
- Choose reputable ad networks: Partner with established ad networks that offer competitive rates and relevant ads for your audience.
- Strategic ad placement: Place ads thoughtfully, avoiding an overwhelming experience for readers.
- Track your performance: Monitor ad clicks and conversions to measure the effectiveness of your ad placements and optimize for better results.
6. Offer Premium Content:
Providing exclusive, in-depth content behind a paywall can generate additional income. This could be premium blog posts, ebooks, online courses, or webinars.
- Deliver exceptional value: Ensure your premium content offers significant value that justifies the price tag.
- Multiple pricing options: Consider offering tiered subscription plans to cater to different audience needs and budgets.
- Promote effectively: Highlight the benefits of your premium content and encourage readers to subscribe.
7. Coaching and Consulting:
Leverage your expertise by offering coaching or consulting services related to your niche. Readers who find your content valuable may be interested in personalized guidance.
- Position yourself as an expert: Showcase your qualifications, experience, and client testimonials to build trust and establish your credibility.
- Offer free consultations: Provide a limited free consultation to potential clients, allowing them to experience your expertise firsthand.
- Develop clear packages: Outline different coaching or consulting packages with varying time commitments and pricing structures.
8. The Power of Community: Online Events and Webinars
Host online events or webinars related to your niche. These events offer valuable content while also providing an opportunity to promote other monetization avenues.
- Interactive and engaging: Structure your online events to be interactive with polls, Q&A sessions, or live chats. Click here to learn more about image marketing with Q&A sessions and live chats.
9. Embrace the Power of Email Marketing:
Building an email list allows you to foster stronger relationships with your audience and promote your content and offerings directly.
- Offer valuable incentives: Encourage readers to subscribe by offering exclusive content, discounts, or early access to new products.
- Segmentation is key: Segment your email list based on reader interests to send targeted campaigns that resonate more effectively.
- Regular communication: Maintain consistent communication with your subscribers through engaging newsletters or updates.
10. Sell Your Own Products:
Take your expertise to the next level by creating and selling your own products. This could be physical merchandise, digital downloads, or even printables related to your niche.
- Identify audience needs: Develop products that address the specific needs and desires of your target audience.
- High-quality offerings: Invest in creating high-quality products that offer exceptional value and user experience.
- Utilize multiple platforms: Sell your products through your blog, online marketplaces, or even social media platforms.
11. Sponsorships and Brand Collaborations:
Partner with brands or businesses relevant to your niche for sponsored content or collaborations. This can be a lucrative way to leverage your audience and generate income.
- Maintain editorial control: While working with sponsors, ensure you retain editorial control to maintain your blog’s authenticity and audience trust.
- Disclosures are essential: Clearly disclose sponsored content to readers, upholding transparency and ethical practices.
- Align with your niche: Partner with brands that complement your content and resonate with your audience.
12. Freelancing and Paid Writing Opportunities:
Your blog can serve as a springboard for freelance writing opportunities. Showcase your writing skills and expertise through your blog content, attracting potential clients.
- Target relevant publications: Identify online publications, websites, or magazines related to your niche and pitch your writing services.
- High-quality samples: Include high-quality blog posts from your site as writing samples when pitching to potential clients.
- Develop strong writing skills: Continuously hone your writing skills and stay updated on current trends in your niche to deliver exceptional work.
Conclusion:
Building a successful blog that generates income requires dedication, strategic planning, and high-quality content. In today’s digital age, there are numerous opportunities to make money online through blogging. By utilizing a combination of methods such as affiliate marketing, sponsored content, and selling digital products or services, you can leverage your blog’s potential and achieve financial success.
Remember, consistency in posting, engaging with your audience, and staying adaptable to trends are key to thriving in the ever-evolving blogosphere. Embrace new strategies, refine your approaches, and always keep your readers at the forefront of your content creation journey. With dedication and the right approach, your blog has the potential to become a valuable source of income and a platform for sharing your knowledge and passion with the world, making money online while doing what you love.
Image Credit: DepositPhotos
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Snapchat Explores New Messaging Retention Feature: A Game-Changer or Risky Move?
In a recent announcement, Snapchat revealed a groundbreaking update that challenges its traditional design ethos. The platform is experimenting with an option that allows users to defy the 24-hour auto-delete rule, a feature synonymous with Snapchat’s ephemeral messaging model.
The proposed change aims to introduce a “Never delete” option in messaging retention settings, aligning Snapchat more closely with conventional messaging apps. While this move may blur Snapchat’s distinctive selling point, Snap appears convinced of its necessity.
According to Snap, the decision stems from user feedback and a commitment to innovation based on user needs. The company aims to provide greater flexibility and control over conversations, catering to the preferences of its community.
Currently undergoing trials in select markets, the new feature empowers users to adjust retention settings on a conversation-by-conversation basis. Flexibility remains paramount, with participants able to modify settings within chats and receive in-chat notifications to ensure transparency.
Snapchat underscores that the default auto-delete feature will persist, reinforcing its design philosophy centered on ephemerality. However, with the app gaining traction as a primary messaging platform, the option offers users a means to preserve longer chat histories.
The update marks a pivotal moment for Snapchat, renowned for its disappearing message premise, especially popular among younger demographics. Retaining this focus has been pivotal to Snapchat’s identity, but the shift suggests a broader strategy aimed at diversifying its user base.
This strategy may appeal particularly to older demographics, potentially extending Snapchat’s relevance as users age. By emulating features of conventional messaging platforms, Snapchat seeks to enhance its appeal and broaden its reach.
Yet, the introduction of message retention poses questions about Snapchat’s uniqueness. While addressing user demands, the risk of diluting Snapchat’s distinctiveness looms large.
As Snapchat ventures into uncharted territory, the outcome of this experiment remains uncertain. Will message retention propel Snapchat to new heights, or will it compromise the platform’s uniqueness?
Only time will tell.
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Catering to specific audience boosts your business, says accountant turned coach
While it is tempting to try to appeal to a broad audience, the founder of alcohol-free coaching service Just the Tonic, Sandra Parker, believes the best thing you can do for your business is focus on your niche. Here’s how she did just that.
When running a business, reaching out to as many clients as possible can be tempting. But it also risks making your marketing “too generic,” warns Sandra Parker, the founder of Just The Tonic Coaching.
“From the very start of my business, I knew exactly who I could help and who I couldn’t,” Parker told My Biggest Lessons.
Parker struggled with alcohol dependence as a young professional. Today, her business targets high-achieving individuals who face challenges similar to those she had early in her career.
“I understand their frustrations, I understand their fears, and I understand their coping mechanisms and the stories they’re telling themselves,” Parker said. “Because of that, I’m able to market very effectively, to speak in a language that they understand, and am able to reach them.”Â
“I believe that it’s really important that you know exactly who your customer or your client is, and you target them, and you resist the temptation to make your marketing too generic to try and reach everyone,” she explained.
“If you speak specifically to your target clients, you will reach them, and I believe that’s the way that you’re going to be more successful.
Watch the video for more of Sandra Parker’s biggest lessons.
