Social Networks Aren't Free Anymore

News and Stats
November 24, 2021 — 4 mins read

 In 2021 you have a huge amount of services and a variety of subscriptions. You can watch TV-series on Netflix or Apple TV, listen to music on Spotify or SoundCloud, and read the news. All kinds of activities are now paid. We are used to paying  for services.   

  Social networks are a huge marketplace. When they become popular, a big number of users have a tendency to make paid subscriptions because they are sure that people will use them. For platforms it is a way to monetize their functions. Let’s see how much people paid for subscriptions?

  • 59% of consumers have an online subscription service; 40% used to have an online subscription service.
  • By far the most popular are video streaming services, where 46% of consumers are subscribed.
  • Second most popular are music streaming services, where 23% of consumers are subscribed.
  • Software, news, and premium apps each have between 10-13% of consumers subscribed

  YouTube was one of the first to launch a paid subscription for its users. In 2014, Google announced the creation of Music Key subscription, which allowed watching music videos on YouTube and listening to music on Google Play without advertising. In 2015, the service was rebranded and renamed YouTube Red, adding the ability to watch videos without ads and save them offline. In May 2018, the subscription was renamed YouTube Premium. 


  As of the beginning of this year, YouTube had more than 2.3 billion active users, and YouTube's paid services continue to increase the number of subscribers. While in the third quarter of 2020 there were 30 million subscribers to YouTube Premium and Music Premium, now there are already 50 million paid subscribers.

 In 2021, YouTube added ads to all videos for any kind of users. 


 If you are not thinking about Youtube seriously now you can imagine how it will be profitable for you.!You can start your Youtube career with Viewsta promotional services!


Twitter announces the paid subscription - Twitter Blue. For three dollars a month, users will be able to cancel tweets, save content in special folders, and read discussion threads in full text. Now this feature is available in the USA, New Zealand, Australia and Canada across iOS, Android and web.


 For business, paid subscriptions offering premium content experiences are new opportunities to add revenue streams that simply did not exist previously.


 These features allow you to make your promotion more profitable and here comes Viewsta to help!


Exclusive Stories on Instagram. What is it?


 The team at the popular social network Instagram, part of Meta (formerly Facebook), is preparing to launch paid subscriptions that will allow users to "sponsor" content creators. 


  The official launch of the feature has not yet happened, but the App Store already lists subscription rates on Instagram for different regions. In the U.S., subscriptions cost $0.99


 Previously, the App Store only listed rates for Instagram Badge (Badges) of different levels: 99 rubles, 179 rubles and 449 rubles (in the U.S. - from 0.99 to 4.99 dollars). These are various virtual objects that subscribers could buy to support their favorite authors.


 It is noted that a paid subscription will allow users to see content not available to everyone else. Authors will be able to release such exclusive content to paid subscribers. Testing of the feature is expected to begin soon.


 Twitch also used paid subscriptions.  A subscription allows viewers to support your channel by paying a one-time or monthly fee of $4.99 or more. The amount is $4.99. Subscribers get access to your emojis and other perks of your choice.For subscribers who want to give you extra support, tiers are available for $9.99. USD and $24.99 per month. $24.99 per month.


 As you can see, every part in our life is connected with subscriptions, we use them every day. We can’t say how it can affect promotion on different social media but one fact is so clear now. If now you are about to start boosting your social media, people will be paid for your content. For example, if you have a Youtube channel and your video goes viral, people will pay for Youtube premium because they want to watch you, if you are a musician they will pay for Spotify because they would like to listen to you!


 Social media networks have a tendency to make paid subscriptions. But if you are a creator for you is a new way to make money on your content. Don’t lose your chance to become popular with Viewsta!


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