<kbd id="3wjynnqy"></kbd><address id="k5kr9daz"><style id="2r4ulnd1"></style></address><button id="1gzv08iy"></button>

          Twitter Is Considering Subscriptions Amid an Advertising Slump

          It's in the early stages of exploring new revenue streams.
          Twitter Is Considering Subscriptions Amid an Advertising Slump
          Image credit: Hindustan Times | Getty Images via Engadget
          2 min read
          This story originally appeared on Engadget

          Twitter just had a successful quarter in one sense, with a huge surge in user numbers as the pandemic truly took hold. It hit 186 million monetizable daily active users between April and June (up 34 percent year-over-year), but it had an operating loss of $124 million during the quarter as ad revenue slowed.

          With that in mind, the company says it’s looking into other revenue streams beyond advertising, which could include some form of subscriptions. It’s in the very early stages of exploring those models, however, and it doesn’t expect to generate revenue from other types of products this year.

          CEO Jack Dorsey said on an earnings call Thursday (via CNN) that "you will likely see some tests this year" of different approaches. He noted that he has "a really high bar for when we would ask consumers to pay for aspects of Twitter,” however. "We want to make sure any new line of revenue is complementary to our advertising business," Dorsey said.

          Related: Here's What You Need to Know About the Bitcoin Scam That Hacked the Twitter Accounts of Jeff Bezos, Elon Musk, Bill Gates and Others

          It’s unclear what types of revenue-driving products and subscription services Twitter has in mind. Without speculating too much, we could see an option to remove ads from the platform for a monthly fee, for instance.

          More from Entrepreneur

          We created the Start Your Own Business (SYOB) course to help you get started on your entrepreneurial journey. You will learn everything you need to know about testing the viability of your idea, writing a business plan, raising funds, and opening for business.
          Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
          Are you paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.

          Latest on Entrepreneur

              <kbd id="tu3zrx48"></kbd><address id="mgtfma8y"><style id="hzwxhe47"></style></address><button id="ffevxl30"></button>