Wednesday, October 4, 2023
HomeMarketingElon Musk unveils plans to make X (Twitter) a paid-for platform

Elon Musk unveils plans to make X (Twitter) a paid-for platform

Elon Musk is planning to make X (previously often called Twitter) a paid-for platform for all customers.

In a bid to deal with the problem of rampant bot exercise, he unveiled proposals to roll out small month-to-month subscriptions throughout a stay dialog with Israeli Prime Minister, Benjamin Netanyahu.

Musk didn’t specify how a lot the plans would value or what options can be included on the lowest tier.

Nonetheless, he did declare that X now has 550 million month-to-month customers that usually put up 100 million to 200 million posts a day – though it’s not but identified what quantity of this information is bots versus genuine customers.

This marks a 140% improve on the “common monetizable every day energetic utilization” of 229 million reported by Twitter in Might 2022, earlier than Musk’s takeover.

Why we care. Transitioning X to a paid platform might be excellent news for advertisers as a result of it would imply they get a better-quality viewers and fewer issues with bots. That would result in extra conversions and the next ROI. However there’s a draw back: some customers may ditch X without cost alternate options like Threads, which might shrink the platform’s person base and, in flip, cut back the attain of X advertisers.

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What has X stated? Musk instructed Prime Minister, Netanyahu:

  • “The one most essential purpose that we’re transferring to having a small month-to-month cost to be used of the X system is that it’s the one approach I can consider to fight huge armies of bots.”
  • “As a result of a bot prices a fraction of a penny, or a tenth of a penny, but when any person even has to pay a couple of {dollars} or one thing, some minor quantity, the efficient value of bots may be very excessive, and then you definately additionally should get a brand new cost technique each time you’ve a brand new bot.”
  • “We’re truly going to return out with decrease tier pricing. We would like it to be only a small amount of cash [and] for my part, that is truly the one protection towards huge armies of bots.”

Deep dive. Learn the X weblog for extra details about the platform’s newest updates.

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In regards to the writer

Nicola Agius

Nicola Agius is Paid Media Editor of Search Engine Land after becoming a member of in 2023. She covers paid search, paid social, retail media and extra. Previous to this, she was search engine marketing Director at Jungle Creations (2020-2023), overseeing the corporate’s editorial technique for a number of web sites. She has over 15 years of expertise in journalism and has beforehand labored at OK! Journal (2010-2014), Mail On-line (2014-2015), Mirror (2015-2017), Digital Spy (2017-2018) and The Solar (2018-2020). She additionally beforehand teamed up with search engine marketing company Blue Array to co-author Amazon bestselling e book ‘Mastering In-Home search engine marketing’.


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