Brands that don't buy enough Twitter ads will lose verification

Starting August 7th, advertisers that haven’t reached certain spending thresholds will lose their official brand account verification. According to emails obtained by the WSJ, brands need to have spent at least $1,000 on ads within the prior 30 days or $6,000 in the previous 180 days to retain the gold checkmark identifying that the account belongs to a verified brand.

Threatening to remove verified checkmarks is a risky move given how many ‘Twitter alternative’ services like Threads and Bluesky are cropping up and how willing consumers appear to be to jump ship, with Threads rocketing to 100 million registrations in just five days. That said, it’s not like other efforts to drum up some additional cash, like increasing API pricing, have gone down especially well, either. It’s a bold strategy, Cotton — let’s see if it pays off for him.

47_alpha_tango,
@47_alpha_tango@lemmy.zip avatar

Musk need to ease up on the crazy.

If Lemmy keeps growing this fast more servers will start to struggle.

GustavoM,
@GustavoM@lemmy.world avatar

X.org is really stepping up their game eh?

Darkard,

Lol, without his handlers to keep his stupid ideas in check he really is outing himself as an absolute idiot

thunderclap,

Bully much?

bdiddy,

Brands that don’t buy enough X adds you mean

dangblingus,

Imagine losing your arbitrary blue check mark because you didn’t buy enough ads on a platform that no one really uses anyway.

Valmond4,

I would feel devastated, crossed even

Solarius,

this is the gold checkmark for brands, not the Twitter Blue sub checkmark

WarmSoda,

There’s a gold checkmark too? Lol

Kelly,

Huh? TIL!

I just had a a quick check and @CocacCola has a gold star but @CocaColaAU does not.

Sony and Uber do, Colgate and Purina do not.

If large multinationals with effectively limitless marketing budgets can’t be brothered ¯_(ツ)_/¯

Borkingheck,

Isnt it used by 350 million plus people?

Juujian,

Ironically, Musk also wanted us to believe that 50% of those were bots just a couple months ago…

foofiepie,

Ahahahahahahahahahahahahahaha. Repeat.

DarkThoughts,

I'm no businessman but this sounds like a good way to make companies move away from your platform.

Gyella,

Twitter is still a thing? Color me surprised. It won’t be much longer.

Also, FUCK Elon Musky

ArugulaZ,
@ArugulaZ@kbin.social avatar

Twitter (ahem) "X" lost half its advertisers already. I don't think the site has the leverage to make such demands. If anything, it's going to push advertisers into the welcoming robot arms of Mark III Zuckerberg and Threads.

ArugulaZ,
@ArugulaZ@kbin.social avatar

Risky? More like suicidal. The Twitter brand hasn't so much been tarnished as blown to pieces by Elon Musk. If he thinks he's in a position to make demands of advertisers, when advertisers are already in life rafts heading for the shoreline, well, good luck with that. Have that band you're not paying play you off, because you're going down with the ship, and the advertisers aren't going with you.

xc2215x,

Of course Elon would do this.

dinckelman,

If I were a business that is under threat of this, my response would be “ok.”. No business that actually cares about its image should promote on a website that’s filled to the brim with bigots and nazis

gsa32,

That’ll bring your advertisers back

Sanctus,
@Sanctus@lemmy.world avatar

A desperate ploy to repay the insatiable debt frin the purchase, or genius business move? You decide.

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