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Twitter Is Testing A $99-Per-Month Advertising Subscription Service

Twitter sets its sights on recurring revenue with a new test.

Last updated on July 28, 2017, at 12:49 p.m. ET

Posted on July 28, 2017, at 11:39 a.m. ET

Twitter

Twitter is testing an advertising subscription service that automatically promotes advertisers' tweets and profiles for $99 per month.

The service, if successful, could provide Twitter with a source of recurring revenue it can count on each month.

Twitter could certainly use the money. Even though the company beat analyst expectations for revenue and profitability in its second-quarter earnings filing on Thursday, Wall Street was still not satisfied with its performance and dropped its stock 14%.

The subscription program is geared towards small and medium-sized businesses, for whom the process of building out ad campaigns can be daunting. Twitter spoke directly to this audience in the copy on the program's landing page:

"We’ve developed a way for you to grow your following and have your Tweets reach more people without creating ads or managing campaigns," it said.

A Twitter spokesperson confirmed the test in a message to BuzzFeed News Friday morning.

While running a manual ad Twitter campaign would give advertisers more control over where their ads appear, choosing the automated option won't necessarily lead to a change in exposure per dollar spent, according to a Twitter spokesperson.

Tweets promoted with this product will be labeled like any other promoted tweet on the platform. Twitter will provide advertisers with a "report card" each week, letting them know how many followers their $99 helped them accrue, along with some other stats.

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