After 20 years of Facebook paid services: why and for whom?

After 20 years of Facebook paid services: why and for whom?

US & Canada

Meta has launched this service mainly for those who create digital content

Facebook CEO Mark Zuckerberg. Photo: Reuters

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Facebook CEO Mark Zuckerberg.  Photo: Reuters

Facebook CEO Mark Zuckerberg. Photo: Reuters

Users of Facebook parent Meta’s services will soon be worldly-wise to add undecorous badges to their profiles, similar to Twitter. By this their profile will be considered as ‘Verified’.

But for this customers have to multiply the subscription fee every month.

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Facebook CEO Mark Zuckerberg made the utterance on Sunday.

The details of this new service have been revealed in the news organ AFP’s report on Monday.

It is said that this service will be misogynist on Facebook and Instagram for now. Without scrutinizingly 20 years of self-ruling service, Zuckerberg is going to offer this service to customers for money for the first time.

Zuckerberg launched Facebook as a social media in 2004. Initially it was limited to only Harvard University students.

Benefits that customers will get

A user of ‘Meta Verified’ service can hands verify his ID on Facebook-Instagram. This requires National Identity Card.

Blue Verified token will be widow to his profile without ID verification.

Facebook will offer ‘pro-active monitoring’ service to customers of paid services. As a result no one can hands create a fake profile using their name.

In specimen of any problem customers can directly contact the consumer superintendency officers. Ordinary customers do not get such services. They have to wait for a long time plane for minor problems.

Paid service customers’ posts, photos and videos will receive increasingly views than ordinary customers and their content will be prioritized in search results, Facebook’s genre descriptions and recommendations.

Meta moreover promises to offer new and creative services to paid customers. However, the details of these services are not yet known.

Who will receive this service?

Meta Verified will be launched in Australia and New Zealand this week initially. Without that, this service will be launched gradually in other countries including the United States.

The service will forfeit $11.99 a month in a web browser. If you want to use it on mobile, you have to multiply 14 dollars 99 cents. The legation that Apple and Google tuition from Meta for their iOS and Android services has increased the forfeit of this service on mobile.

Use of paid services is optional. However, if you are not at least 18 years old, this service cannot be used. This service is not unshut to businesses at the moment—only for personal profiles.

However, it is mentioned in the report that merchantry organizations may moreover be brought under this in the future.

Meta has launched this service mainly for those who create digital content.

Meta said they launched the service without repeated requests from content creators. According to Meta, using this service will increase the merchantry of content creators.

Why was the paid subscription launched?

Recently, traditional social media has seen a ripen in revenue and subscriber numbers.

Meta’s revenue fell for the first time in 2022 without its IPO in 2012.

Inflation has reduced online razzmatazz and consumers are now yawner to using a wide variety of apps.

In addition, Meta and other organizations in several countries, including Europe, do not have the same self-ruling wangle to users’ personal data as before. Apple has played a pioneering role in this regard. As a result, ‘Targeted Advertising’ has moreover wilt complicated.

Meta and Facebook logo. Photo: Reuters

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Meta and Facebook logo.  Photo: Reuters

Meta and Facebook logo. Photo: Reuters

This is why social media has focused on attracting and retaining content creators. According to an analyst, consumers will flock to platforms that have the most engaging content.

It’s not just Meta asking money for their services. Snapchat, Reddit and Discord have moreover started charging customers a small value each month for spare services.

Twitter has recently launched worth verification service. It charges a monthly fee of $7 (web) and $11 (iPhone).

In the future, many popular and traditional services may move yonder from self-ruling subscribers. In that case, customers can moreover turn to new social media.

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