It’s no secret that Elon Musk is a genius when it comes to technology. He has revolutionized the way we think about transportation with Tesla and SpaceX. He has shown that he is capable of doing the same thing with social media with his recent purchase of Twitter.
However, some people question whether his disdain for advertising will hurt Twitter’s business model. After all, advertising is a big part of how social media platforms (like Twitter) make money.
According to the New York Times, advertising accounts for around 90 percent of its revenue.
So, what does this mean for Twitter?
It’s hard to say for sure, but it could mean significant changes. If Musk decides to reduce or eliminate advertising on the platform, it could have a major impact on Twitter’s business model, user experience, and overall position in the social media landscape.
Here are some predictions of how each of these things could be affected:
Business Model:
If advertising is reduced or eliminated on Twitter, the platform will have to find another way to make money. This could mean introducing new features that users have to pay for, decreasing overall users.
User Experience:
Without advertising, Twitter would be a much more user-friendly platform. This could increase users, as people are not bombarded with ads every time they log on.
Overall Position:
If advertising is removed from Twitter, it could fall behind other social media platforms for marketers. However, it could also become the go-to platform for people who are looking for a more ad-free experience.
Only time will tell how Elon Musk’s ownership of Twitter will affect the platform. However, one thing is for sure: it will be interesting to see what he does with it.
