The Launch Of Twitter`s Paid Business Account
25th November 2009
Co-founder of Twitter, Biz Stone said that from the start of next year, the companies are going to pay for the microblogging service. The paid business accounts will help in adding a special layer of accessibility to the Photo site, AFP/GETTY IMAGES. Stone has said that there is no obligation to the businesses to logon to the paid business accounts, but it will add a layer of access including improved feedback and statistics.
The personal accounts will be remained free. Many major companies and brand have been engaging and communicating with their consumers and customers, via Twitter. According to Stone, this step is going to elevate the success rate of business, as it has been happening with the businesses like airlines and big box stores.
Paid business accounts are going to stabilize and strengthened the revenue stream for the platform of microblogging. Twitter is valued around $1 billion and is working to form its business model for the service.
At this point of time, Stone has also made confirmation that Twitter is into discussions with different companies and is planning to sign deals with them, for the purpose of asking them to license its contents and live stream, to other websites.
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