- After recent news that it was going to experiment with more monetization, Twitter (TWTR -0.6%) is testing a paid promotion product that could boost followings for willing customers.
- A $99/month subscription gets invitees' tweets automatically promoted to non-followers, a move that may simplify advertising/promotion for companies not proficient in advertising, or who don't want the hassle.
- It's aimed not at big brands but at small/midsize businesses and individuals.
- Meanwhile on Finance Twitter: Seeking Alpha Marketplace member Bespoke Investment Group has launched a subscription platform on Twitter, Premo Social, that gets subscribers quick analysis in their Twitter feeds from Bespoke, Ritholtz's Josh Brown, T3Live's Scott Redler or macro blogger Mark Dow.
- The Bespoke service costs $10/month or more and promises more actionable items than one might get on open Twitter.
- Twitter shares fell 14% yesterday after its earnings report showed disappointing user numbers.
- Now read: Taking Stock With Tech: Return To Volatility As Internet Stocks Stumble
Original article