Twitter is likely to launch a paid subscription service; it will be named ‘Twitter Blue

The globally acknowledged microblogging platform Twitter has provided many new features to its users and is also working on increasing earnings through the platform. It has now been revealed that a new service with special features is all set to be launched soon, which will be better known as the ‘Twitter Blue.’ The users subscribing to this paid service will get several exclusive features like the option of undoing tweets and bookmarking personal collections. A researcher has shared the information related to Twitter’s new service.

The renowned application researcher, Jen Manchun Wang, first revealed some information about this feature. He remarked that the users would have to pay a sum of $2.99 to avail them and enjoy the new feature. According to Wang, Twitter is working on a multi-tier subscription model for its new service. ‘The Verge’ has also revealed that Twitter Blue’s most expensive top plan can give the users a clean experience on the platform with several new features and beneficial features. However, Twitter has not officially confirmed the new service or the features, but the claims related to testing those particular features made so far by Wang have proved correct. It is important to note that the microblogging site had already confirmed that it is working on new subscription options on the platform. Last year, the CEO, Jack Dorsey, indicated that the users might have to pay for some features on Twitter, which are being planned out.

Recently, Twitter has informed about the monetization-focused features and its future plans drawn by the high command. For example, the company will soon introduce a super follow feature, with the help of which many creators will able to make money from their followers to show them exclusive and extra content. In addition, Twitter has also brought a tip jar feature for its creators, with which followers can give them a tip on extreme satisfaction. This tip jar icon appears on the profile next to the follow button of any user.

According to the global Social Networking Market report published by Value Market Research, Social media marketing is significantly gaining popularity, mainly due to the increasing active participation of social media users.

In addition, Twitter has brought a new Space feature on the concept of the Clubhouse app available for iPhone users. Now, the Twitter users having more than 600 followers are being given the option to host the space, and the rest of the users can become part of the space audio conversation. Apart from that, Twitter has also recently purchased Scroll News Reader Service, which works by many news publishers. The platform delivers the stories of its publishers to paid customers in order to generate money.

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