The problem with charging for Twitter’s blue tick is not the $8 amount, but mental accounting

I found myself in the rather unexpected position of agreeing with Elon Musk and even, possibly, defending one of his initiatives. Namely, I think that one good way of generating revenues for a social media platform could be by charging for value added features that people can sign up to, if they want to, but … Continue reading The problem with charging for Twitter’s blue tick is not the $8 amount, but mental accounting

What Elon Musk’s acquisition of Twitter means for marketers

Elon Musk made a take-over offer to buy Twitter, and is said to want to implement four key changes at the social media company: Reduce content moderationEliminate automated accountsIntroduce new product featuresOpen-up Twitter’s algorithm The significance of Twitter for marketers According to Hootsuite, Twitter is the 15th largest social media platform in the world (slide 99). … Continue reading What Elon Musk’s acquisition of Twitter means for marketers