Twitter to begin charging companies for using service

February 10, 2009 in Social Media | View Comments

It’s amazing how long Twitter has survived without a real monetization, so it was just a matter of time they start monetizing their great service. Don’t worry the service will remain free of charge for individual users. They only plan to charge the brands.

Co-founder Biz Stone told: “We are noticing more companies using Twitter and individuals following them. We can identify ways to make this experience even more valuable and charge for commercial accounts.”

I don’t know how this will work out, or better yet, how much profit this will bring in. In my opinion it would be better if they would just add some non intrusive advertisements on the website. I wouldn’t mind, and it would probably attract many advertisers and thus more profit than charging only the companies. They could as well place small ads inside the “tweets”, which would make the ads show even to those users, who use Twitter primarily from various Twitter clients rather than web.

Read the original story at marketingmagazine.co.uk.

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