CollinsTwitter is accepting applications for its Super Follows and Ticketed Spaces services, which will be tested in a limited capacity. Users in the United States can apply for each program separately through Twitter’s mobile app; Super Follows is only available on iOS, while Ticketed Spaces is available on both iOS and Android.
Twitter will test a “small subset” of users to see how well its new revenue options work, which were both introduced earlier this year. Users can charge $2.99, $4.99, or $9.99 per month for access to unique material using the Super Follows function. Ticketed Spaces allows them to charge anywhere from $1 to $999 for entrance to one of Twitter’s social audio rooms, and it includes extra features like room size limits. Check the new “Monetization” option in the mobile app sidebar to discover if you’re qualified to apply.
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After the cost that iOS and Android charge for in-app purchases, test group participants will keep 97 percent of the money they earn with Ticketed Spaces or Super Follows. If a user makes a total of $50,000 on both platforms, Twitter will increase its cut from 3% to 20%.
Since a preview of Ticketed Spaces last month, that early, far more generous income share has been included. “We want to ensure that new voices can earn money, which is why they’ll be eligible to earn a higher share starting out,” senior product manager Esther Crawford tweeted today. Earning $50K+ from Super Follows and Ticketed Spaces demonstrates that these features are valuable to you and that they are assisting you in making real money.”
The 20% commission paid by Twitter is lower than that paid by certain subscription platforms. Twitch, an Amazon-owned video site, takes 50% of subscription payments, while YouTube takes 30% of membership fees. The fee is likewise comparable to OnlyFans’ 20% fee. However, it is far greater than the 10% commission offered by the email platform Substack or the 5% base rate offered by the membership platform Patreon, despite the fact that both services charge additional payment processing fees. While Facebook launched a subscription service in 2018, it has stated that it will not earn any commissions until 2023 (apart from Apple and Google’s in-app purchase prices).
Collins