Twitter to Charge for As-Yet-Unspecified Add-Ons

[companyone]

Hi,

Twitter is further solidifying plans to implement a premium account structure for "power" users or companies.

Co-Founder Biz Stone confirmed that the company recently hired a product manager to develop commercial accounts, but reiterated that the service would be "free to use by everyone," and for-profit services would be add-ons.

In other words, users would pay a small nominal fee for additional services. No launch date has been set, however, on these commercial features.

There was no specificity afforded about the type of features that may be offered for a fee, but it's likely analytics will be among the offerings.

Recent figures from Nielsen pegged Twitter's year-on-year growth at an astronomical 1,382%.

Hoping to harness that traffic, a handful of services have tried leveraging the company's present lack of a business model. Magpie enables users to sell "tweets" and Twitter backgrounds as ad space. Each user is paid according to his number of followers. And ExecTweets, a Microsoft-sponsored site launched by Federated Media this month, displays tweets from business executives. Twitter receives a cut of the profit.

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Best,
Dan

 

[Theo]

Nice news for all twitter addicts. Expansion of the service was overdue as twitter has become sluggish lately.