Instagram will give influencers the opportunity to offer paid subscriptions to their fans, a new tool for the social network, which needs to attract and retain content creators so as not to lose ground against YouTube and TikTok .
Creators “need predictable income”, explained in a video on Wednesday Adam Mosseri, the boss of the platform which belongs to Meta (Facebook).
“And subscriptions are one of the best ways to have predictable revenue that doesn’t depend on viewership, which inevitably varies from publication to publication,” he added.
To begin, Instagram will test this approach with a handful of influencers in the United States.
Their paying subscribers will have access to stories (ephemeral publications) and to lives (live videos) exclusive, and will distinguish themselves from other fans with a purple symbol next to their name, so creators can easily spot them in comments and private messages.
Initially free social networks – because their business model is based on advertising revenue – have deployed different remuneration techniques in recent years.
These techniques allow platform professionals to diversify their sources of income, beyond the advertising percentage, derivative products, contracts with brands and sales of educational or sports programs.
Monetization, the sinews of war
On TikTok, for example, viewers can donate. On Twitch (video game platform) too, and they can also subscribe to their favorite players.
Twitter has followed suit with initiatives such as paid subscriptions to certain accounts or the “Tip Jar”, or “tip box”.
“We want to help creators turn their audience into fans, and their fans into revenue,” Esther Crawford, director of monetization products at Twitter, summed up last September. “We want Twitter to be the best place for influencer conversations with their audience. »
Adam Mosseri also clarified that his teams were looking for a way for creators “to be able to take their subscribers from other applications published by other companies”.
European and American competition authorities regularly call on platforms to facilitate data portability, i.e. the possibility for users to take their contacts with them to another application if they wish.
Meta, like other tech giants, faces various investigations and claims for abuse of dominance.