https://www.wsj.com/articles/elon-musks-rebranded-twitter-cuts-ad-prices-d2615d8f
The social-media site X is offering hefty discounts to lure back ad dollars
X also warned advertisers that beginning Aug. 7, brands’ accounts will lose their verification—a gold check mark that indicates their account truly represents their brand—if they haven’t spent at least $1,000 on ads in the previous 30 days or $6,000 on ads in the previous 180 days, according to the email.
Wow, he just can't stop making verification more useless. I'd expect that most brands would respond to this by not using Twitter (oops, 'X') any longer.
So now he’s a thug. Basically, Elon is telling companies to pay him protection money, otherwise something might “happen” to their brand.
I hope a big client tells him, publicly, that he can fuck off.
At the very least, one could view it as charging a very high membership fee for brands.... $1,000 a month.
New platform? Who dis?
Seriously, it's just a user database now. The brand is gone. It's a new company. New URL. New direction.
Asking 50% of Twitter's rates is way too high. Go back to square one, hoss. Start over. From the ground.
Hopefully no one buys his bullshit.... or trusts them with their data.
Things to note:
The company, which makes most of its money from advertising, has struggled to draw new ad commitments under Musk’s ownership in part because brands are concerned about Musk’s approach to content moderation. The advertising industry is also in a slump, and several media companies have begun offering brands discounts.
So it seems like the discounting is an industry wide thing
X also warned advertisers that beginning Aug. 7, brands’ accounts will lose their verification—a gold check mark that indicates their account truly represents their brand—if they haven’t spent at least $1,000 on ads in the previous 30 days or $6,000 on ads in the previous 180 days, according to the email.
And the trusted method of giving advertisers ultimatums for your dying platform lol
What I don't understand is the Twitter rebrand will it be limited to the logo or also the name?
Or will it be limited to X corp. as the parent company https://en.wikipedia.org/wiki/X_Corp.
Wow, brands have to spend $1000 per month to keep their verification. I thought 8 per month was a rip-off!
Yes, it's the cost keeping brands who put their names on stadiums away from twitter. I mean eX.