Interesting idea. It could work. I wonder if they have ever trialled it. I guess it would be difficult to keep quiet.
I think the way to roll it out would be to keep current free subs as are, but to have a second tier which can be paid.
And to make it really work, imagine something like...
- exclusive, early access to concert tickets
- live streaming of concerts
- extended content formatting options (like full blogs)
- separate notification options for paid channels (say for those who are subscribing to economic reports or stock market analysis)
- links in the left column for the channels you have paid subscriptions to
- option for free trial (which can only be used once & requires a credit card on file)
I still don't get the difference between the buy button on google, and the buy button on twitter. For some reason Twitter users are not there to buy but google and facebbok users are?
I think a couple factors would be
1.) scale: massively larger footprint for facebook or google than twitter (even secondary plays owned by those 2 like whatsapp, instagram, youtube, gmail, google maps, waze, etc.) likely have far more usage than core Twitter does
2.) like apple or amazon, both Google & Facebook have plenty of consumer credit card data on file for things like the Google Play store & the social gaming craze that swept Facebook years ago
3.) depth of information ... it is VERY hard to sell anything that isn't dirt cheap using 140 characters. I think when spamming up Twitter with affiliate offers was more commonplace some of the most popular offers were Apple iTunes MP3 sales. large visual ads are also distracting...one loses the native ad blending boost by using those.
But as I don't get the social point of Twitter it will probably always be lost to me.
I see Twitter more as news than social. The format requires a level of concision which is nearly perfect for trolling but makes explaining complex & abstract topics quite difficult.
But I sort of skipped over social in terms of Facebook and the like. If I want to chat with my mom I will just call her, and I don't really "get" Facebook for anything work related...even for industry related gossip & news & such I have historically preferred smaller niche community sites like this one or (back in the day) something like Threadwatch or SearchGuild.