StartupTalky

Tag: Revenue model

  • WeTransfer- Marketing Strategy And Revenue Model

    WeTransfer is a platform wherein users can send and receive large files. Rinke Visser, Bas Beerens and Nalden founded the company in 2009. The founders named the platform, ‘Collect by WeTransfer’. WeTransfer revenue model is successful and let us see how it has worked for them in this article.

    The best part about this application is that the user need not sign up. You can send files up to 2GB of data and without any issues. It does not take too much data too. There are a lot of free users and there is also an option to pay and subscribe. You can send a particular file to one user or many users using the e-mail service.

    Transfer of WeTransfer to Amazon Web Service
    Not a Tech Company but an Idea Business
    Top Competitors Of WeTransfer
    Revenue Model Of WeTransfer
    WeTransfer Marketing Strategy

    Transfer of WeTransfer to Amazon Web Service

    The WeTransfer platform worked with a small service provider from 2009 to 2011. As the user base increased, the scalability and the increased traffic became a problem. For better complying with their needs, they moved to Amazon web services. WeTransfer then started using Amazon Simple Storage Service and Amazon CloudFront.

    Not a Tech Company but an Idea Business

    WeTransfer not only provides a platform for people to share files online on the go. They have a very important principle they use for the platform to make it stand out of the crowd. They provide 30 per cent of the ad space in the platform to artists and social causes. By doing so, they commit to be a platform that provides a place for new ideas to be born. They commit to this principle to provide their support in changing the world for good.

    Top Competitors Of WeTransfer

    WeTransfer is a platform that has only been in service for about a decade. This means that there are various competitors that provide the same services. The basic function of all these platforms is similar. The major difference comes in with the storage space, tools, and interface of the platform.

    Some major competitors for WeTransfer
    Some major competitors for WeTransfer

    The top WeTransfer alternatives are as follows:

    • Google Drive: Being one out of the range of products from Google, Drive is most used for the Gsuite tools. It is also the easy to use platform for many as Google’s other products work cohesively with it. The permission management of Google Drive is also simple and easy to use. This makes it a big competitor for WeTransfer.
    • Dropbox: With a simple interface, Dropbox offer 2GB basic storage to its users. This platform is best for coordinating and working online as it is easy to share content. Excellent permission management is also one other strength of Dropbox.
    • Smash: Smash works by providing an unlimited size on the sharable files in the platform. The platform does not charge its users while limiting the constraints to a few. The only limitation is that the files stay on the platform for 14 days in the free version. It is best suited for businesses which handle huge volumes of data on a daily basis.

    Revenue Model Of WeTransfer

    The platform has over 25 million active users every month. The client list also includes various big corporations throughout the world. Even with lesser users, WeTransfer competes with its established counterparts. The use of an arty and idea promoting interface brings the platform its Unique Selling Point. The ability to transfer data without registering also user likability towards the interface.

    The client list of WeTransfer includes many big names but it is still a small company. But, the revenue generating capability of the company is not at all in question . The company uses 2 main sources of revenue from the platform.

    How WeTransfer earns the revenues?
    How WeTransfer earns the revenues?****
    • The first method is from the free version of the application. It generates about 40 per cent of the total revenue of the product. The application makes use of full-screen ads in a creative design. This makes advertisements more visible and less disturbing to users. With the absence of banner ads, users feel more comfortable to work with the platform.

    Besides, the platform lends 30 per cent of its ad space to artists and ideas promoting creatives. This adds a colorful approach to the platform while keeping it simple and easy to use.

    • The other stream of revenue for the WeTransfer platform is the premium version. This subscription costs $11 per month and gives users a range of added features. This increases the limit for transfer to 10GB and provides a 50GB online storage space. The WeTransfer app also allows the user to make use of a custom URL. The premium subscription provides extra security to the sent files through password protection. Some of the top advertisers include Google chrome, Adobe Shutter stock, etc.

    How Does Trivago Make Money? | Trivago Business Model, Growth And Statistics
    Trivago is a hotel search platform, whose main focus is to reopen the waytravelers compare and search for hotels online. During this process, TrivagoHotels enables advertisers to expand their business, giving them access to alarge consumer base who visit their platforms via a website or app. Tri…
    StartupTalkyKrishna kumar

    WeTransfer Marketing Strategy

    WeTransfer uses a creative marketing strategy for their product. To involve more creatives to push the platform up for a global boost, they started a new campaign. The platform has pinned the campaign, ‘Doubt. Create. Repeat’. It aims to promote the other products that the company has.

    The company has a name in creative community for supporting artists and their ideas. This new campaign emphasizes the power of doubting to bring up new ideas to existence. The company strives to create a platform with all the tools for creatives, to work on the go. With the new updated tools, creatives can do all they want. The new ad campaign also emphasizes the new features of these tools.

    With their roots in improving the creative community from the beginning, the mission of the company is to bring out a platform that enables creative professionals to work without boundaries in the current state of working from homes. By placing the people and their ideas first, WeTransfer puts lesser importance on technology and emphasizes the utility the platform provides to the creatives around the world.

    Conclusion

    With a deeply connected root to the creative community, WeTransfer is drawing its heritage in embracing each step of the creative process. With increased focus towards developing tools for aiding creatives in each part of the process, the applications Paste, Paper and Collect help artists flourish in the current generation of remote working. The latest ad campaign of WeTransfer, ‘Doubt. Create. Repeat.’ enhances their mission on a massive scale to attract creative professionals from around the globe to create world-changing ideas.

    Apply 7p Of Marketing Is Bound To Make An Impact In Your Business
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    StartupTalkySouvik Dey

    FAQs

    What is WeTransfer?

    WeTransfer is an internet-based computer file transfer service based in the Netherlands.

    What is WeTransfer used for?

    WeTransfer is used to send and receive large files.

    How does WeTransfer make money?

    WeTransfer has a dual revenue model; split between advertising and premium subscriptions.

    Is it safe to use WeTransfer?

    Yes, it is safe.

    How to do Competitor Analysis for Website? | Analyze Competitor Website
    Competitor analysis refers to identifying the competitors and evaluating theirstrengths relative to those of one’s own product or service. One should evaluatetheir competitors by categorizing them between different groups, based on theircompetitive strategy and list their product or service, its …
    StartupTalkyRishabh Rathi

  • BigRock – Turning Imagination Into Reality

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by the bigRock.

    Looking forward to starting an online business with a wide customer base? Paid for your dream domain name and don’t know what to do next? Choosing the right web hosting provider is the biggest decision to make while starting an online business!

    BigRock is the world’s leading web hosting and domain registration company. It provides web solutions to professionals, small businesses and individuals. It is great for hobby sites. The company provides its customers with a complete suite of products which helps the small businesses to grow their online presence. Read the BigRock success story below.

    BigRock – Company Highlights

    Company Name BigRock
    Headquarters Mumbai, Maharashtra, India
    Sector Internet
    Founder Bhavin Turakhia
    Founded 2010
    Parent Organization Endurance International Group
    Website bigrock.in

    BigRock – About
    BigRock – Founder and Team
    BigRock – Logo
    BigRock – Business Model
    BigRock – Revenue Model
    BigRock – Competitors
    BigRock – FAQs

    BigRock – About

    BigRock products include – web hosting services, website creation products, domain registration, digital certificates and business-class email services with anti-virus features. The website is very easy to use and features are affordable. It’s like anyone can get one. The company provides world-class service to its customers.

    BigRock – Founder and Team

    Bhavin Turakhia is an Indian tech entrepreneur and billionaire. He was born in 1979, 21st December in Mumbai in a Jain middle class family. He is currently a man of 41 years. He completed his schooling from Arya Vidya Mandir, Bandra. He got admitted to D.G. Ruparel College to study science but later dropped out and then he completed his bachelor’s degree in commerce from another college.

    In 2016, he was ranked as the 95th richest person in India. He was also awarded as The Serial Entrepreneur of the Year and Entrepreneur of the Year in Innovation and Technology by Entrepreneur, India in 2016. In 2005, he was awarded as The Bharti Entrepreneur of the Year by Bharti Foundation and The Entrepreneurship Development Institute in India.

    He in the age of 18, started his tech venture with Divyank Turakhia, (his brother). He is the founder and CEO of various companies like Zeta Suite, Flock, Radix, Ringo and BigRock.

    Bhavin Turakhia, BigRock Founder

    The rock in the logo depicts that the company itself is a strong brand just like the rocks are strong and hard.

    Logo, BigRock

    BigRock – Business Model

    The company provides the following services:

    • Domains – Registration, Transfer and Addons. These all include Domain Name Registration, Premium Domains, Domain Name Prices, Domain Transfer, Bulk Domain Transfer, Privacy Protect, Domain Whois Lookup, Name Suggestion Tool and Free Services.
    • Hosting – Shared Hosting, Reseller Hosting and Specialized Hosting. These all include Linux, Windows, Linux Reseller, Windows Reseller, WordPress, CMS, VPS, Cloud and Ecommerce Hosting.
    • Servers – Linux and Windows Dedicated Servers.
    • Email – Enterprise and Business Email.
    • Productivity – G Suite and Office 365.
    • Security – Digicerts & SSL, SiteLock and CodeGuard.

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    StartupTalkyTanusha Verma

    BigRock – Revenue Model

    Currently, the company is providing a few hot deals to its customers.

    • 51% off – Web Hosting
    • Rs 1248 (2 years) – .COM
    • Rs 898 (2 years) – .IN

    The company provides assistance via emails, chats and calls (timing between 9 am to 8 pm) so that the small businesses can focus more on the growth of the revenue. The company earns a commission through sales. It is also having a BigRock affiliated Make Big Money Program. This allows free signup with ZERO Investment. BigRock earns around Rs 10,000 per sale from this program.

    Earn Money By Buying And Selling Domains | How to Sell Domains
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    StartupTalkyRishabh Rathi

    BigRock – Competitors

    The top competitors of the company are GoDaddy, Domain.com, Kvion Inc and HostGator.

    • GoDaddy is one of the biggest competitors of BigRock. The company was founded in 1997 and is headquartered at Scottsdale, AZ. GoDaddy operates in the Web Hosting space.
    • Domain.com is also one of the top rivals of BigRock. It is a private company founded in 1998 and is headquartered at High Ridge, Missouri. The company competes in the Business Support Services Industry.
    • Kvion Inc is one among the competitors of BigRock. It is headquartered at Bangalore, Karnataka, India and was founded in 2014. It operates in the Web Hosting sector.
    • HostGator is the #3 competitor of BigRock. It is headquartered at Houston, Texas and was founded in 2002. It also works within the Web Hosting sector.

    GoDaddy Success Story | Hosting | Founder | Business Model | Revenue Model |
    Company Profile is an initiative by StartupTalky to publish verified informationon different startups and organizations. The content in this post has beenapproved by the organization it is based on. Want to start your own business? Want to become an entrepreneur? Want to have abeautifully creat…
    StartupTalkyPurbalee Dutta

    BigRock – FAQs

    What is BigRock?

    BigRock is a leading provider of web solutions and tools to individuals, small businesses and professionals to grow and establish their online presence.

    Is BigRock hosting good?

    The company is among the class of hosts that offers basic needs for a low price. It is awesome for small businesses and hobby sites.

    Who owns BigRock?

    Endurance International Group owns BigRock. The founder is Bhavin Turakhia.

    Who are the competitors of BigRock?

    The top competitors of the company are GoDaddy, Domain.com, Kvion Inc and HostGator.

  • How much do these Top 10 Companies make Every minute in the World

    The revenue earned by a company is the major source through which the worth of the company is decided. You would be surprised to know some of the top companies’ revenue earned per minute. Here are the list of the top companies and the revenue they earn every minute.

    Amazon
    Apple
    Alphabet
    Microsoft
    Facebook
    Tesla
    Netflix
    Walmart
    Sony
    Toyota Motor Corp
    FAQ

    Amazon

    Amazon.com Inc is an American based multinational technology company. It was founded in the year 1994. The company is located in Washington. It focuses on e-commerce, cloud computing, artificial intelligence and digital streaming. It is one of the big five companies in the U.S IT industry.

    The company earned a revenue of USD 386.064 billion in the year 2020 and a revenue of USD 955,917 per minute.

    Apple

    Apple Inc is an American based Multinational technology company. It was founded in the year 1976. The company is located in California. The company focuses on designing, developing and selling consumer electronics, online services and computer software. It is also one of the big five companies in the U.S IT industry.

    The company earned a revenue of USD 274.515 billion in the year 2020 and a revenue of USD 848,090 per minute.

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    Alphabet

    Alphabet Inc is an American multinational conglomerate. It was founded in the year 2015. Alphabet is the parent company of Google. The company has its headquarters in California. Alphabet is considered to be one of the world’s most valuable companies and the fourth largest technology company in the world. Alphabet’s Google is one of the big five companies in the U.S IT industry.

    The company earned a revenue of USD 182.53 billion in the year 2020 and a revenue of USD 433,014 per minute.

    Microsoft

    Microsoft is an American multinational technology company. It was founded in the year 1975. The company is located in Washington. The company focuses on developing, providing licenses, support, manufacturing and selling of computer software, personal computers, consumer electronics and related services. The company is also one of the big five companies in the U.S IT industry.

    The company earned a revenue of USD 143 billion in the year 2020 and a revenue of USD 327,823 per minute.

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    StartupTalkyATHUL C K

    Facebook

    Facebook is an American based multinational company. It is social media and social networking service. The company was launched in the year 2004. It is located in California. Facebook was the most downloaded app during the 2010s.

    The company earns a revenue of USD 85,965 million and a revenue of USD 213,628 per minute.

    Tesla

    Tesla Inc. is an American based Electric Vehicle and Clean energy company. It was founded in the year 2003. The company is located in California. The company has a wide range of products which include electric cars, solar panels, solar roof tiles, battery energy storage from home to grid scale and various other products and services.

    The company earned a revenue of USD 31.536 billion in the year 2020 and a revenue of USD 81,766 per minute.

    Most valuable brands worldwide in 2021
    Most valuable brands worldwide in 2021

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    Netflix

    Netflix is an American based company. It is an over-the-top platform and a production company. Netflix was founded in the year 1997. The company has its headquarters in California. Netflix is a member of the Motion picture Association (MPA). It is involved in producing and distributing contents across the globe.

    The company earned a revenue of USD 25 billion in the year 2020 and a revenue USD 50,566 per minute.

    Walmart

    Walmart is an American based multination retail corporation. The company was founded in the year 1962. It has its headquarters in Arkansas, U.S. The company operates a chain of discount department stores, hypermarkets, grocery stores, etc. Walmart is the world’s largest company by revenue.

    The company earns a revenue of USD 559.2 billion in the year 2021 and a revenue of USD 1,063,546 per minute.

    Sony

    Sony group is a Japanese based multinational conglomerate corporation. It was founded in the year 1946. The company has its headquarters in Tokyo. Sony is one of the world’s largest manufacturers of professional and consumer electronic products, the largest company for video game console, the second largest record company, the second largest video game publishing company, as well as one of the most comprehensive media companies.

    Sony earned a revenue of USD 80 billion in the year 2020 and earns a revenue of USD 152,207 per minute.

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    Toyota Motor Corp

    Toyota Motor Corp is a Japanese based multination automotive company. It was founded in the year 1937. The company has its headquarters in Aichi, Japan. Toyota is considered to be the tenth largest company in the world in terms of Revenue generated.

    It is also the largest automotive manufacturer in the world. Toyota was the world’s first automotive company to manufacture more than 10 million vehicles in a year.

    Toyota Motor Corp earned a revenue of USD 275.4 billion in the year 2020 and earns a revenue of USD 489,726 per minute.

    FAQ

    What company makes the most money per minute?

    Amazon is an American conglomerate which makes USD 955,917 per minute.

    What the most profitable companies make per second?

    Big pharma companies like Johnson & Johnson and Gilead Sciences make more than $400 per second.

    How much does Jeff Bezos make a minute 2020?

    Jeff Bezos makes about $321 million a day, $13.4 million an hour, $222,884 a minute, and $3,715 a second in 2020.

    Conclusion

    The above are some of the top companies in the world and the revenue they generate every minute.

  • Trainman – Check for Seat Availability on Trains in Minutes!

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Trainman.

    Don’t know your train number (PNR status)? Worried when the train is arriving?  Want to know the live running status but unable to follow? Want to know whether the seats are available or not in the train? Want to know how much it will cost you to go?

    No more worries, please! You don’t need to run to those brokers anymore! Become tension-free because Trainman is here to solve all of your existing problems related to the railways and offer you relief. It is a site where PNR status, seat availability, fare enquiry is possible by sitting at the comfort of your homes. Read the Trainman success story below to know more!

    Company Highlights

    Startup Name Trainman
    Headquarters Noida, Uttar Pradesh, India
    Sector Travel
    Founders Vineet Chirania and Mohammad Amir
    Founded May 2014
    Website trainman.com

    Trainman – About
    Trainman – Founders And Team
    Trainman – Startup Story
    Trainman – Business Model
    Trainman – Revenue Model
    Trainman – Funding And Investors
    Trainman – Logo
    Trainman – Competitors
    Trainman – Growth
    Trainman – Future Goals

    Trainman – About

    Trainman is a one-stop-shop for checking PNR statuses of various required trains. It’s used to check the predictions after the train tickets are booked on IRCTC. Searching for various stations in one train’s route is also done here. The time the concerned trains stop at each station is mentioned within the app properly. It’s the most preferable railway site for train’s information.

    Trainman – Founders And Team

    Mohammad Amir and Vineet Chirania are the founders of Trainman.

    • Mohammad Amir is a graduate from IIT Roorkee who graduated in the year 2010. From class 6 he has been staying away from his home so he used to travel a lot by trains.
    • Vineet Chirania is also graduated from IIT Roorkee. He is from Gurgaon, Haryana, India. He is a techie-turned-entrepreneur and has got 9 years of experience in this technology and internet industry field. He has got deep knowledge and a special interest in the Indian Railways.
    Vineet Chirania, CEO, Trainman

    Trainman – Startup Story

    All have heard the name of IRCTC very well. Here online booking for the railways is done but they don’t provide you with all the information required for every passenger to know. Trainman helps you out here.  Now it’s a compulsory app on every individuals mobile phone – the ones who travel by train a lot.

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    Trainman – Business Model

    The company is very alert of itself and concerned with what it’s doing. It provides data to its users for the prediction that is taking place every day, so that it’s users can stay updated with the correct information and follow the changes happening. It provides trendy evidence to its users which is updated on a regular basis so that the users always remain updated rather than lagging behind with months-old information. It’s done so that nobody misses anything and can take proper decisions.

    Trainman – Revenue Model

    The Trainman Revenue is derived from advertisements. It also has tied up with various relevant businesses like Cleartrip which is used for flight and hotel bookings. They also tied with Jugnoo which is used for auto booking. All these help the company to generate more and share more revenues. This way they can stay bootstrapped and run profitably. The app is available in 7 Indian languages so that everyone can have proper access to it. The annual revenue of Trainman $3 million.

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    Trainman – Funding And Investors

    Trainman is bootstrapped and plans to stay so for as long as possible so tthey have raised $0 in the field of funding.

    Trainman Logo

    Trainman – Competitors

    The top competitors of Trainman include WAmazing, PKFARE, Grupo CDV and Air Tickets.

    Here all the companies mentioned above are private except one.

    • Air Tickets is a Subsidiary. They are the oldest ones among all competitors who came in 1949.
    • WAmazing is a technical travel and leisure platform. It came into existence in the year 2016.
    • PKFARE deals with travel and leisure. Its founding date is 2014.
    • Grupo CDV also deals with travel and leisure. We know them since 2015. The subsidiary ones also work for the same.

    All have got various locations with a very small number of employees. PKFARE has got the highest among all competitors. The second highest is Grupo CDV.

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    Trainman – Growth

    The Trainman company is acquiring growth. It has tied up with Jugnoo – an auto-rickshaw aggregator. It will enable travellers to book three-wheelers from their respective railway stations. It will be operational in only a few cities. Recently, now it’s available in 35 cities of India. They are a Chandigarh based company. Trainman wants to expand its business this way by associating itself with various companies to acquire more growth.

    Trainman – Future Goals

    Currently, the company is having 5 lakh daily active users. It aims to have more and is also heading towards something technical that would bring prosperity to them and its users would enjoy as well.

    Frequently Asked Questions – FAQs

    What is Trainman?

    Trainman is a one-stop-shop for checking PNR statuses of various required trains and is used to check the predictions after the train tickets are booked on IRCTC. Searching for various stations in one train’s route is done here. The time the concerned trains stop at each station is mentioned within the app properly too.

    What is the Trainman funding till date?

    Trainman is a bootstrapped company.

    Can you check the seat availability Trainman app?

    Yes, you can check the seat availabilty on the Trainman app.

  • How to Create an Effective Revenue Model for Startups

    Revenue model is how a business makes money. It is important for the company’s long term projections. It provides Current and future potentials to earn profit. Building a great revenue model convinces investors that you are worth investing in. Designing an effective and profitable revenue model for startup is difficult but is significant.

    What is a Revenue Model ?
    How to Create an Effective Revenue Model for Startups?
    Top 10 Most Effective Revenue Model For Startups
    FAQ

    What is a Revenue Model ?

    The Revenue model is a strategy for managing company revenue. It will determine the types and sources of revenue that your business will generate. It projects how a product and service will generate revenue.

    How to Create an Effective Revenue Model for Startups?

    Choose a Revenue Model that is suitable for your startup and your Market

    Research the market you are entering extensively. Study your customers, address subscription options to them. Analyze how your product will fulfill the customers. On the other hand, if you are looking to sell your product to larger companies licensing is the fittest option for high returns.

    Revenue is a key component of the business model. Also While identifying your market, analyze your competitors as well.

    Create a Revenue model that expresses the value of your startup

    Your revenue model should communicate your value. How different your products and services are from the competition. A prominent selling point is to stand out your product that people will sign up for.

    Build a Revenue that helps you find the top investors for your startup

    Build a great revenue model that convinces investors that you are worth investing in. Focus on investors that will be in for the long haul. The investors should get a complete idea of your business values by just looking at your revenue model. Investors also focus on how profitable your revenue model is.

    Determine your revenue model

    An important point to figure out is how you’re going to charge your customers. There are two comprehensive types to charge your customers.

    Transactional: You can Charge customers on a per transaction basis. Once the customer purchases the product from you they don’t need to pay again. Examples: Tesla, Apple (hardware), Starbucks

    Recurring: You can charge your customers a monthly or annual subscription fee for the ongoing service. Examples: Netflix, Blue Apron

    Determine your customer acquisition model

    There are many customer Acquisition models but we will shortlist three important customer acquisition model

    • Direct: Does Your company has direct contact with the customers of your product. This typically means contracting salespeople who engage directly with and sell the product to customers. This tends to work best for products that demand a high price. Examples: Tesla, Palantir, Boeing.
    • Indirect: If your company does not has direct contact with the customers of your end product. Indirect customer acquisition includes retail sales, channel partnerships, independent dealerships, consultants, etc. Examples: Mattel, Ford, Oracle, Coca-Cola.
    • Inbound: Customers have no or little contact with your company. This typically entails driving traffic to a website or app with  sign-up and payment interfaces. This works best for low price products or services that customers understand easily. Examples: Netflix, Amazon Prime, Spotify.

    Top 10 Most Effective Revenue Model For Startups

    1. Ad-Based Revenue Model

    Ad based revenue models require creating ads for product, service, or app and placing them on high traffic channels. Google’s Adsense is one of the most practical and common tool to get ads for your website. For most websites, AdSense will make about $5-10 per 1,000 page views.

    Revenue model
    Google Adsense 

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    2. Affiliate Revenue Model

    Affiliate revenue is an affiliate web-based revenue model in which you signup with a company to promote their products via links. You receive a small commission for the sales of the product or if someone executes the desired action.

    Affiliate revenue model
    Affiliate Revenue Model

    3. Subscription Revenue Model

    The subscription revenue model is a model where the company earns revenue by charging customers a recurring fee at regular intervals. A quite common and popular example of the subscription Revenue Model is a popular streaming platform Netflix.

    Subscription Revenue Model
    Subscription Revenue Model

    4. Arbitrage Revenue Model

    An arbitrage revenue model is a model that is followed by traders since ancient times. This is a quite simple revenue model. In the arbitrage revenue model, a product is purchased from a market or a region to be sold at high profit in a different market.

    5. Direct Sales Revenue Model

    In the Direct Sales Revenue Model, The business or brand directly interacts with the customers for selling their products. There are two types of Direct Sales

    Inside sales – When the customer calls to place the order for the product.

    Outside sales – When the brands sell their product using face to face sales transaction.

    6. Licensed Revenue Model

    The licensed revenue model is quite a profitable revenue model that is commonly used by music industries for licensing their songs. The brands or companies earn revenue by licensing their products. It is quite common in media industry and for patents, copyrights, trademarks.

    Examples of Best Brand Licenses

    • Angry Birds & Star Wars.
    • Microsoft & Fuji Xerox.
    • Microsoft & Canon.
    • Victoria Secret & NFL.
    • Lego & Star Wars.
    • Lego & Warner Bros.
    • Monopoly & McDonald

    7. Data Sales

    Data sales can be explained by a simple phrase “If you can’t see how the money’s made, you’re the product”. The data sale revenue model is a complicated revenue model and is hard to maintain. In this revenue model, the data is sold to the business or consumers.

    Specific companies use data sales as their primary revenue model while some use it to augment another revenue model. Data should be handled with care an proper public concern if you decide to go with it as your revenue model.

    8. Retail Sales Revenue Model

    In the Retail sales revenue model, you have to set up a traditional department store or retail store in which you offer physical goods to your customers. A retail business generates revenue from sales of the product with the help of its retail stores.

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    9. Channel Sales(or Indirect Sales)

    Channel sales are the most complex pursuance in the world of sales and marketing. In simple words, brands or companies rely on a third party to sell their goods.

    Revenue model
    Indirect Sales Revenue Model

    10. Freemium Model

    Fremmium Revenue model is a model in which the consumers are offered service for free of cost but additional cost is charged for premium features. Many companies use this type of revenue model for example Skype, Zoom, Spotify and many more.

    Freemium model
    Spotify Freemium Model

    FAQ

    What does a revenue model include?

    A revenue model includes the offerings of value, the revenue generation techniques, the revenue sources, and the target consumer of the product offered.

    What are examples of revenue streams?

    Subscription fees, Renting, leasing, Licensing content to third parties, Brokerage fees, and Advertising fees.

    What is the best revenue model?

    Subscription-Based Business Revenue Model is one of the best types of revenue models for startups.

    Conclusion

    Build a revenue model for startup that is equipped for the future. Research the market you enter effectively. Creating a revenue model might seem challenging but not having one is not an option. The revenue model for startup is crucial to driving the success of your company.

  • AngelList—A Step Towards Building Secured Future

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by the organization it is based on.

    Didn’t find a job yet? Want to start the journey from a startup company? Wasting money right now and don’t know where to utilise it? The world is filled with talented people. But these people don’t get the opportunity to fulfil their ambitions or dreams. No worries! Here is a great way to kick start your future and accomplish your goals

    AngelList is a website which helps the people to find out many startup jobs near them. Investments in the latest startups can be made as well. Read the Angellist success story below! Know and explore more!

    AngelList – Company Highlights

    Startup Name AngelList
    Headquarters San Francisco, US
    Sector Startup Community
    Founders Naval Ravikant and Babak Nivi
    Founded 2010
    Parent Organization Venture Hacks, Inc.
    Website angel.co

    AngelList – About
    AngelList – Startup Story
    AngelList – Founders And Team
    AngelList – Business Model
    AngelList – Revenue Model
    AngelList – Funding And Investors
    AngelList – Growth
    AngelList – Competitors
    AngelList – Future Plans
    AngelList – FAQ’s
    AngelList – Conclusion

    AngelList – About

    AngelList Logo

    AngelList is a US company for startups. For angel investors and job seekers looking to work at startups as well. The company was founded in the year 2010. The mission of the company is to democratize the investment process. It helps the startup companies, especially in fundraising. They began as an online introduction board for tech startups that needed funding. Since 2015, the company allows startups to raise capital from angel investors free of charge.

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    AngelList – Startup Story

    The company was founded in the year 2010 April, 22nd in San Francisco by entrepreneurs Naval Ravikant and Babak Nivi. Naval Ravikant thought that remote work’s time would be coming. And in the future, it will turn out to be the most important category in hiring. They had an idea of investing in companies. Which is why both shared a list of 25 investors. With whom they could share interesting companies to invest in. The company declared a list as ‘AngelList’ in 2010 along with the subscription of 50 angel investors whose intention was to invest USD $80 million in that particular year 2010.

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    AngelList – Founders And Team

    Naval Ravikant, AngelList (Founder)

    Naval Ravikant and Babak Nivi are the founders of the company AngelList.

    • Naval Ravikant is the CEO and the founder of the company. He is a brilliant entrepreneur and investor. He is having one of the most innovative minds in venture capital. AngelList is his biggest startup success.
    • Babak Nivi is an entrepreneur and the co-founder of the company. He started his career as an Associate at Seed Capital Partners. Then he joined Atlas Venture as a Consultant. In the year 2005, he joined Bessemer as an Entrepreneur in Residence. He was also the Vice President at Songbird for 1 year and 2 months.

    AngelList – Business Model

    The business model of the company is to connect investors with startup companies mainly. Their job is to attract more investors to fill up the funding rounds. Whenever an investor swipes right in the website. He/she receives all the information about the startup company. AngelList also provides it’s investors a recommendation along with the information. Angel investors are wealthy individuals. They provide capital for startup companies. All are accredited individuals with a net worth of at least $1 million or an annual income of more than $200,000. Private applications are submitted to get hooked up with the investors.

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    AngelList – Revenue Model

    AngelList is a place, especially for entrepreneurs. The core business model focuses on the revenue model. The investors here invest in each other’s deals. They also invest in similar kinds of deals. And mainly they invest in the places whom they know. This is done because in this case, the investors find themselves safe. Whenever somebody signs in to angel.co. All the “angels” get access to the IP automatically. The company receives a 5% interest whenever a deal is made through the help of the platform.

    AngelList – Funding And Investors

    AngelList has raised a total amount of $26.2 million in funding over the 6 funding rounds.

    Date Transaction Name Money Raised Lead Investors
    March 9, 2015 Series B $2.1 million –
    September 22, 2013 Series A $42 million GV, Atlas Venture
    August 1, 2013 Series B – –
    June 22, 2013 Seed Round $100,000 SOSV
    January 1, 2013 Seed Round – –
    June 1, 2012 Seed Round – –

    AngelList has got 45 investors.

    AngelList – Growth

    Success stories are growing in every corner of the world. One such story is AngelList’s story. In the year 2012, the company accepted applications for more than 500 startup companies. In the year 2013, AngelList Syndicates was noted as one of the most important innovations in the venture capital and angel investment industries. Like this, the company is growing. Today, they have 44 investors and have made 75 investments.

    AngelList – Competitors

    The top competitors of the company are Crowdfunder, SeedInvest, FundersClub, Crowdlords and Crowdzu.

    • Crowdfunder is crowdfunding the future. It connects projects with communities. In order to create great ideas all over the UK the company was founded in the year 2010.
    • SeedInvest is an online equity crowdfunding platform for venture capital and angel investing. The company was founded in the year 2011.
    • FundersClub is a company. It offers a venture capital platform to its consumers. The company was founded in the year 2012.
    • Crowdlords is a two-sided residential buy to let crowdfunding platform. It aims to bring the investors and landlords together. The company was founded in the year 2014.
    • Crowdzu is a crowd-based marketplace. Especially for entrepreneurs. The company was founded in the year 2014.

    AngelList – Future Plans

    The company is aiming towards innovating the infrastructure. They want to democratize the investment process more. These things will help the startup with money, talent and customers. AngelList has got over 35,000 recruiting companies. And has 5 million registered users. More acquisitions will support startup companies with customer generation and product launch. It is the current and main target of the company right now.

    AngelList – FAQ’s

    How much is AngelList worth?

    We eliminate the hassles of investing so they can focus on helping founders. AngelList Venture has over $1 billion in assets under management and 23 unicorns in the portfolio, including Lime and Robinhood.

    How does AngelList make money?

    AngelList’s core business model is focused on revenues from matching startups with talent. The syndicate’s platform has high upfront costs to AngelList, which AngelList hopes to cover through the 5 percent carried interest.

    How to Land a Job through AngelList?

    • Know your audience.
    • Understand how AngelList works.
    • Be the perfect candidate.
    • Follow up.
    • Follow directions.
    • First impressions go a long way.
    • Check your content.

    Who started AngelList?

    AngelList was founded in 2010 by serial entrepreneur Naval Ravikant and Babak Nivi. Using the traction from the Venture Hack blog on entrepreneur financing, Naval and Babak started a list of 25 investors with whom they would share interesting companies to invest.

    How do you use AngelList?

    AngelList is also a useful platform for anyone looking to get a job at a startup. It is just a three-step process: create a free profile showcasing your experience and skills, browse jobs and select the companies you are interested in, and wait for an email saying that that company has also said yes to you.

    How much does it cost to post a job on AngelList?

    There are over 2,000,000 active candidates looking for jobs on AngelList Talent, and connecting with them by posting a job is completely free.

    Is AngelList free?

    Employers can post-startup tech jobs on AngelList for free. You’ll first need to sign up with AngelList to create profiles for you and for your startup, all of which are also free of charge.

    AngelList – Conclusion

    AngelList was started as a platform to connect founders and investors in Jan 2010 by Babak Nivi and Naval Ravikant. Since then, it has evolved into 2 companies– AngelList and AngelList Venture. AngelList is a platform to help startups recruit employees, while AngelList Venture facilitates investments into startups via funds and syndicates. The help center you’re currently in contains information about AngelList, the recruiting platform. The AngelList Venture Help Center can be accessed at help.venture.angel.co.

  • Coolwinks – Making Eyewear Stylish and Affordable

    In the Indian market, every year there are different sets of trends, be it exciting, crazy, or bizarre, the fashion keeps changing. If one wants to remain trendy and up to date, then they need to hold the grip on current trends. This isn’t just restricted to the clothing, footwear, and hairstyles but also the eyewear too.

    Today from classic to trendy, the fashion in the eyewear category is too witnessing exciting shifts and rolls. To be updated one needs to get rid of the old-fashioned trends and take a chance to experiment with their frames, sunglasses, goggles, lenses, and much more.

    There are many brands in India that are influencing the trends in the eyewear industry and one such market mover is Coolwinks. Know more about these eyeglasses brands in India in this article.

    Highlights:

    Startup Name

    Coolwinks

    Headquarter

    Gurgaon,
    Haryana

    Founder

    Ganesh
    Iyer

    Sector

    E-commerce
    (Eye Wear)

    Founded

    2016

    Website

    www.coolwinks.com

    About Coolwinks
    Founder of Coolwinks and How it started
    Coolwinks – Name, and Logo
    Coolwinks – Business Model and How it works
    Coolwinks – Competitors
    Coolwinks – Product Range
    Coolwinks – Marketing Strategies
    FAQ

    About Coolwinks

    Coolwinks was founded in the year 2016. It is online eyewear stored based Indian startup that deals in various kinds of eyewear products including sunglasses, eyeglasses, and contact lenses.

    They have become a brand in India where one can find the latest frame styles, designs, and technologies that are supporting the eyewear industry. Their main focus is to target the audience where they can market their youthful eyewear products.

    Currently, they have served more than 30,00,000 lakh customers from various geographic locations. They have more than a million people who have used their application, and have more than 4000 different products to offer to their customers.

    Founder of Coolwinks and How it started

    Ganesh Iyer is the founder of Coolwinks. Before founding the company he has worked with companies like Goibibo and Akbar Online Booking Pvt. Ltd. He has done his Bachelors in Commerce from Mumbai University and has also completed his Masters in Business Administration in Marketing & IT.

    In 2016, when Ganesh was interested to start something on his own he found out that there is essentially a problem that has been unaddressed in our country and that was a poor vision. He thought that there is a huge challenge to get the accessibility of eyeglasses and eyewear’s that are suitable for the human eye.

    That is when he envisaged a company that would ensure to provide people with eyewear products that are stylish, affordable, and of high quality. The mission was to enable people to see better and give them a life with a better vision.

    Coolwinks is a name that is self-explanatory. The company is a leading online eyewear brand that focuses on the fashion-forward range of cool spectacles, sunglasses, and eyewear products.

    The logo of the company is also quite interesting, wherein the semi-colon is wearing a frame depicting what the company offers for its customers.

    Coolwinks Logo
    Coolwinks Logo

    With hassle-free deliveries, Coolwinks is driven towards helping thousands and millions of people to improve their vision and in turn lead towards better lives.

    Coolwinks – Business Model and How it works

    Coolwinks has a wide range of products that are almost non-competitive in comparison to other similar platforms in India. They offer high-quality and affordable products that are in accordance with the target audience, youth, and trends of the industry. The business model of Coolwinks is an e-commerce platform.

    Key Aspects of their Business model are:

    Quality is a priority

    Quality is one of the prime factors of the business model of Coolwinks. Their aim is to provide eyewear products that are of prime quality, so that their customers are satisfied.

    Affordable products

    Coolwinks aim to provide products that are of high-quality and are affordable at the same time for the people of India. Their aim is to have maximum reach and maximum availability at an affordable price.

    Trendy and Youthful products

    Fashion trends with low costs are the mantra of Coolwinks. Their products are known to be very youthful and fashionable which is currently in the trend.

    Wide range of variety

    The business model of Coolwinks introduced a wide range of products that are conceptualized with the changing times and have thousands of varieties in it.

    Coolwinks – Competitors

    There are various eyewear brands in India now. Though Coolwinks has its own presence in the market, there is tough competition for it too.

    Top Competitors of Coolwinks are:

    • Lenskart
    • Specsavers
    • Classic Specs
    • Waldo
    • Eyerim
    • Smart Glasses Buy
    • Eye Buy Direct
    • Leoptique

    Coolwinks – Product Range

    Coolwinks has a diverse and wide range of categories and products. Broadly they have products differentiated for males, females, and kids. Along with that their major categories include Eyeglasses, Sunglasses, and Contact Lenses.

    Each of them has a different range of offerings which vary from colors, sizes, types, brands, shapes, etc.

    Coolwinks – Marketing Strategies

    Coolwinks have had some amazing marketing strategies which have helped them in establishing their brand in the Indian market in a very short span of time. Initially, they went with a strategy where they sold their product at as low as Rs. 5 per sunglass.

    Indians bought 2 sunglasses of Coolwinks at just Rs. 10 worth Rs. 800 each by applying a code – SUN20. The customers got a cashback of Rs. 1000 using PayTM and there was similar cashback offers on payment methods like PhonePe and PayPal.

    Coolwinks Marketing Strategy
    Coolwinks Marketing Strategy

    The reasons why they went with this amazing marketing strategies were:

    1. Coolwinks wanted to achieve loyalty from the Indian market towards their products.

    2. They were enjoying the affiliate earnings from online payment platforms like Paytm.

    3. The business model of Coolwinks and their marketing strategies have attracted various investors and have drawn various investments, and They are able to offer various discounts.

    4. Coolwinks doesn’t spend huge amounts on advertisements and thus is able to save a lot on advertisement expenses.

    FAQ

    Who owns Coolwinks?

    Essilor International which is a world leader in ophthalmic optics owns Coolwinks.

    Who is the founder of Coolwinks?

    Ganesh Iyer is the founder of Coolwinks.

    Which companies does Essilor own?

    Essilor owns Varilux, Crizal, EyeZen, Xperio, Bolon, Kodak lens, Foster grant, and Optifog.

    Conclusion

    The huge online eyewear platform, Coolwinks, has been selling multiple types of products for every purpose and for every category of needs. Coolwinks has now become very popular among the Indian market which caters to all customers within the geography and is expanding its customer base each day.

  • JioSaavn- The Revenue Model And Business Model

    Jio is one of the topmost companies in India and it has a lot of potential customers. It is headquartered in Mumbai, India. In March 2018, JioMusic and Saavn merged in a deal worth $1 billion. After this, Saavn and JioMusic rebranded as JioSaavn.

    The merger was a huge advantage for both Jio and Saavn. The main reason for the merger was to attract an extensive user base. Also, with this, Saavn could strengthen the leadership in India and also get the connectivity and digital ecosystem of Jio. JioSaavn’s business model has been one of the most successful business models since the merger.

    JioSaavn – Customer Value Proposition
    JioSaavn – Key Partners
    JioSaavn – Revenue Model
    JioSaavn – Effect of Covis19
    What New Features Are The Main Reasons For A Wider User Base?
    An Endnote
    Frequently Asked Questions

    JioSaavn – Customer Value Proposition

    Advantage Of JioSaavn
    Advantage Of JioSaavn

    JioSaavn is a platform that has songs from 14 different languages. Also, people who come up with new podcasts and independent music can post their song on JioSaavn. This has helped them establish their talent and has hence been used a lot by them. Users can make a proper playlist and they can also choose from the curated charts and playlists that JioSaavn makes according to the needs of the user. Also, the search filter is a very interesting feature. Using this, one can filter the search with artist, songs, album, radio and so on. This has a lot of songs from various genres and languages.

    The next facility that is available to the users of Jio is JioTunes. Using the JioSaavn app, users can very easily set caller tunes. There are a lot of choices available for this. If the song is not available, the user can request for the song to be added to the list of caller tunes.

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    JioSaavn – Key Partners

    JioSaavn has partnered with many different various companies in different domains to achieve better revenue and reach. Here are a few of JioSaavn’s key partners.

    • Amazon: JioSaavn was the first music service in India that came out on Alexa and other voice assistants that were linked to Amazon.
    • Shazam: As a part of this partnership, Saavn’s music library was incorporated in Shazam. Shazam had a lot of customer engagement tools that gave a better music listening experience to the customers. This helped Saavn get a wider range of audience. With additional tools and better experience, customer rating also got better. This partnership helped them get better.
    • Android and iOS apps: JioSaavn has made apps to run in almost all the platforms. It first came out on Android and then on iOS. Now, it can also be found on the Chrome Web store.

    Other partners of JioSaavn are Sony Music, T-series, Eros, Warner Music and so on. Every key partner has added value to the revenue of JioSaavn and has helped them grow bigger. The partners also include Nokia, Samsung, Lays, general motors and so on.

    The Competitors of JioSaavn
    The Competitors of JioSaavn

    JioSaavn – Revenue Model

    Revenue From Subscription

    JioSaavn is not a fully free app. It allows users to subscribe and hence get ad-free music experience. This is called JioSaavn pro. If the user is new to the application, then they get 3 months free access to JioSaavn pro and then you get back to the normal platform. If the user wishes to extend the pro service, he or she has to pay and renew the subscription. JioSaavn gets some of the revenue from this subscription fees. Though this is entirely not their revenue source, this contributes a good per cent of the revenue.

    Revenue From Advertisement

    Apart from the revenue from the subscription, JioSaavn gets revenue by displaying ads relevant to the user. Advertisements from this digital platform generate higher revenues. A lot of different brands display ads on JioSaavn. This is only for the users who haven’t taken the subscription for JioSaavn Pro.

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    JioSaavn – Effect of Covid19

    Listeners usually listen to music in the morning. The only free time they get is during work travel. But with the spread of coronavirus, the first half listenership has gone flat. The reason for the reduction in the work from culture. Meanwhile, the listenership hasn’t gone down in the least.

    The second half of the day has seen a huge increase in usage. This is mostly due to people doing their chores enjoying music. There is also a huge change in the type of music people listen to. Before the pandemic, people start their day with music. Thus they listen to energetic songs to get themselves ready for work.

    Now, people have opted to listen to nostalgic and sweet melodies trying to relax their way to sleep. With lazy home working, people also changed the device to TV or speaker against smart phones.

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    What New Features Are The Main Reasons For A Wider User Base?

    The monthly growth rate preceding the pandemic was as high as 10 per cent. While post-pandemic, the growth rate got closer to 6 per cent. This did not mean a decrease in the usage of the app. The growth rate decreased due to the rapid increase in unpaid users.

    The increase is due to the updated features that the app provides for its pro users. It provides combined music with added lifestyle rewards. Many other offers have also been launched in partnership with companies like SkullCandy, SarvaYoga, etc.

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    An Endnote

    With data on the type of music that users listen to, artists are encouraged to create original music. By understanding the users, new artists are discovered and their work is promoted. The same is done for music in a variety of languages to promote region-specific content. This increases the listenership of local artist originals while also increasing user base.

    The marketing of the app has also seen various changes between the pre and post COVID pandemic. The pre-COVID marketing was a stream first approach which leveraged the huge database. While there might not be a complete changeover, there is a significant change since the pandemic began. Marketing has become more offer oriented and based on partnership promotions.

    Frequently Asked Questions

    How does JioSaavn make money?

    jioSaavn makes money through advertisement and subscription model. If you are new to the app you will get three month free trial. Later you would have to pay being able to download songs and advertisement free experience.

    Is JioSaavn only available to Jio users?

    No, JioSaavn is available for all and it is free for all. You can listen to all your music, create playlists, set JioTunes, manage your music library, get music recommendations and much more. A Jio user can launch app on cellular data experience pro features free for 3 a months.

    Does JioSaavn pay Artists?

    Yes. JioSaavn, one of the most popular streaming service in India, pays just $0.00126 per stream. So, if the local instalments of Spotify, Apple Music and YouTube Music have to match the price of JioSaavn’s offer — well, you can expect that the regional per-stream payout will be comparable.

  • Twitter to Consider a Subscription Service for Exclusive Features

    Twitter is moving beyond the traditional social networking business model and is experimenting with new business model to sustain their platform. The latest test is a subscription service for exclusive features.

    Twitter is considering a subscription model to counteract its falling ad revenues. CEO Jack Dorsey said subscriptions are just one of several ways the company is looking to boost income from users.

    Twitter has had a meteoric growth as a popular microblogging platform with its quirks. Several celebrities like Elon Musk, Donald Trump and Kangana Ranaut use this platform to post controversial thoughts quickly picked up by the audience.

    Why is Twitter Considering a subscription Model
    How will Twitter’s new Subscription Model look like
    Will the Subscription Model impact Twitter’s growth
    FAQ

    Why is Twitter Considering a subscription Model

    A subscription model could offer a new source of revenue for Twitter. By charging some of its 353 million users in the US and others elsewhere to access extra features such as more followers or enhanced analytics. It would also mark Twitter’s most significant departure from its core advertising business model when it is struggling to attract advertisers.

    The company has suffered a sharp decline in its ad revenue in recent quarters as it works to grow beyond its stagnant user base. The majority of the revenue share came from the targeted advertising model that this platform offered. In 2021,  Twitter is looking to move away from revenue dependency on brand-oriented advertising approach.

    How will Twitter’s new Subscription Model look like

    Twitter launched a survey among users last year in July 2020 to analyze the interest levels.


    These are the potential features that are likely to be provided to the premium Twitter users in 2021.

    1. Undo Send

    Post something really embarrassing accidentally on Twitter? No problem. This feature helps you delete your Tweet before anyone even sees it, all within 30 seconds of posting. The premium Undo event on Twitter is a simple way to recall or withdraw a tweet, so it never gets seen by anyone.

    2. Custom Colors

    Change the feel and look of Twitter – adapt it to suit your style. In addition to Night Mode, the premium feature allows you to change your default background color and other critical elements in your interface. The new custom color setting gives you more control over the appearance of Twitter on your phone or computer.

    3. Video Publishing

    Twitter currently limits uploaded video size to 140 seconds or 6 MB for most users. With a premium subscription, you could publish videos 5x longer than the current default settings (i.e. 5 minutes), and use a much higher maximum resolution (8192×8192) for each frame within the video.

    4. Badges

    Twitter Badge helps users learn more about the people they follow on Twitter. The badge shows users the businesses a user writes for or owns. It’s just another way for people to discover others and get to know them better. It also helps maintain a credible brand presence.

    5. Auto Responses

    Auto-response in the premium version of Twitter helps you come up with tweets that can increase your following. This is done through a menu of auto-responses to use in the direct messages to Twitter netizens. When Twitter detects a matching phrase, it will send out an automated reply.

    6. Social Listening

    See how often your brand is mentioned on Twitter and get a deeper understanding of what people are saying with the new social listening tool. This tool lets you see the general conversation around a brand, including total volume seen through the social search function, and which users or businesses are talking most often.

    7. Brand Surveys

    Create surveys and polls to collect feedback about your Twitter Ads campaigns. This insight can help you measure your campaigns effectiveness, understand if your audience is likely to buy the products or services featured in your ad, and optimise future creatives.

    8. Freedom from Ads

    Enjoy premium Twitter with a different kind of streaming experience. Say goodbye to ads; say hello to a whole new look and feel without the distractions of promoted tweets. Have your data protected from advertisers and upgrade the privacy options.

    Disclaimer: “This is not necessarily reflective of Twitter’s future subscription model, and will change at the discretion of Twitter’s management. The survey is the current source of official information.”

    Twitter Revenue
    Twitter Revenue

    Will the Subscription Model impact Twitter’s growth

    There has been a general resistance against paid social media networks in general. A Washington Poll in 2018 revealed that fifty-eight percent of the respondents wouldn’t pay for Facebook if it adopted a paid network model. The same would go true for Twitter. However, Twitter has always emphasized that they would not ask the users to pay for the current features they enjoy.

    The most important thing to remember is that Twitter must be a zero-sum game. For users who are not paying for access, there can’t be any knock-on effect of paid Twitter users keeping content to themselves.

    Twitter is a model that depends on users, not mouse clicks. It’s the connective tissue between friends and strangers, emphasizing broadcast v/s a one-way conversation (social media has been big on one-way communication).

    FAQ

    How does Twitter make money?

    Twitter earns its revenue from Data licensing and Advertisements.

    What is Twitter’s net worth?

    As of Oct, 2020 Twitters revenue was nearly $40 billion.

    Who is the CEO of Twitter?

    Jack Dorsey is currently the CEO of Twitter.

    Conclusion

    An exclusive Twitter subscription model could be just what the company needs to make money and keep customers privacy intact. In this world, where our activity across social media platforms is monitored, Twitter can offer a premium social network to eliminate our privacy concerns.