This Patreon review will take a look at how Patreon works and what advantages and disadvantages it offers. It will discuss the pros and cons of being on the platform, as well as what features Patreon offers to creators who join.
Creators use this platform to fund their work. Patreon platform offers various features that can help creators increase their notoriety. It allows creators to collect donations from their fans through a monthly subscription.
Patreon can be useful for anyone who creates something they want to share with the world. Many artists use Patreon to fund their works and make them available for free.
It is also a good platform for creators because it provides a way to get paid for their work. In this review, we will explore the different aspects of this platform and see how it can be helpful to creators.
Patreon is a revolutionary platform that has changed how creative professionals make money from their work. Patreon platform offers various features that can help creators increase their notoriety. It allows creators to collect donations from their fans through a monthly subscription.
Patreon can be useful for anyone who creates something they want to share with the world. Many artists use Patreon to fund their works and make them available for free.
It is also a good platform for creators because it provides a way to get paid for their work. In this review, we will explore the different aspects of the Patreon platform and see how it can be helpful to creators.
How Does Patreon Work?
Patreon was founded in 2013 by Jack Conte and Sam Yam. The company is in San Francisco, California, with 38 investors and a total funding amount of over 413.3 million dollars. Patreon's website is https://www.patreon.com/.
Patreon has revolutionized the way that creators can connect with their fans. Patreon allows you to set up a monthly subscription. This way is the patronage model of crowdfunding.
Instead of asking for donations, creators can ask their fans to support them regularly. It makes it easier for creators to find steady revenue.
On Patreon, you can set up rewards tiers. Each tier has a certain pledge amount and a set of rewards. For example, if someone pledges $2 per month, they might get access to the patron-only podcast feed. If they pledge $10 per month, they might get early access to videos.
Patreon is a great way for creators to build a sustainable business, but it does take time. Most successful Patreon users have been working on their content for years. You can find out more about how to use Patreon here.
What Equipment do you need to start using Patreon?
First of all, you will need a computer or laptop. You can use any internet-connected device to access Patreon. The app is available on Android, iOS, and Windows mobile devices. You will also need an internet connection. You can use any internet connection (Wi-Fi or mobile) to access Patreon.
The next step is to create an account on Patreon. You will need to sign up and verify your account. Choose a username and password. If you have an existing website or YouTube channel, then you can link your services to Patreon.
You will also need an email address. It is helpful for communication between you and your patrons. Also, you will have to decide what type of content you'd like to offer patrons in exchange for their support.
As well you will need social media accounts. You can create a Twitter account, Facebook page, or Instagram account for your project. Various social media accounts are essential for promoting your projects on the internet. Greater awareness will help to attract more supporters.
Patreon Platform pricing
The Patreon Platform price is calculated based on the number of patrons, rewards, and reward tiers. Platform fees are tiered, ranging from 5% for the Lite plan, 8% for Pro, and 12% for Premium. Payment processing fees also apply. The more patrons you have, the more money you make.
Please note that each payment cycle is a new charge. You will pay for your patrons' pledges at the beginning of each process. For example: if you have five patrons pledging $1 per month, you will have a total pledge of $5. Patreon will ask you to confirm your payment method.
Also, you will have to select the payment processor you want your patrons to use to make payments. Patreon accepts several payment processors, including Stripe, PayPal, and Payoneer.
For example:
- For $5 a month, your supporters can enjoy one weekly podcast;
- For $10 a month, sponsors receive two weekly podcasts and one monthly interview;
- For $15 a month, people unlock unlimited content with special podcasts and live events.
Is the audience required to make money?
Yes, it would help if you had an audience to make money on Patreon. Patreon has a user base, and some of your patrons may come from there. But it would be best to have an audience because it will be easier to find long-term sponsors.
You can use platforms like Facebook, Instagram, Youtube, TikTok, or others to advertise your work. Also, you can have a blog or website related to your work and use it as a platform to promote your Patreon page. Having a large following is beneficial for increasing earnings.
The Biggest Creators on the Patreon platform
Successful creators earn as much as $10,000 a month from Patreon. It is possible to achieve a full-time income on Patreon if you have enough fans to donate.
The most successful creators make thousands of dollars a month on the Patreon platform. On the Patreon platform, they build engaged communities. Top 2022 Patreon creators include True Crime Obsessed (45,000+ patrons), Chapo Trap House (35,900+ patrons), and The Tim Dillon Show with 34,158 patrons and average monthly making around $181,415.
Yet, thousands of other creators have built a sizable following.
If you are interested in making money off your blog or podcast and already have an audience, check out Patreon. It is a recurring, subscription-based service that allows creators to profit from their creations and benefit their patrons.
Creating an account on Patreon can be a great way to start earning money from your creative work.