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Brands that don't buy enough Twitter ads will lose verification (www.theverge.com)

submitted 1 year ago by NevermindNoMind@lemmy.world to c/technology@lemmy.world

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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.

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[–] ArugulaZ@kbin.social 28 points 1 year ago

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.