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Patreon is giving creators a new way to earn money from their fans

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Patreon is giving creators a new way to earn money from their fans - Tubefilter Millionaires Charts YouTube TikTok Newsletter Patreon is giving creators a new way to earn money from their fans By Sam Gutelle • 06/21/2023 • Patreon is ushering in some of the biggest changes it’s ever implemented. The ten-year-old fan funding platform is adjusting its subscription model so that patrons can receive some updates even if they’re not paying contributors. In addition, a tool titled Commerce will facilitate direct-to-consumer sales through the Patreon platform. A blog post explains how these new tools will create a “new Patreon” that offers more flexibility than ever before. The goal of free access is to create a centralized space where creators can interact with as many of their fans as possible. “It’s completely free for creators to use Patreon and free for fans to join,” reads the post. “Members will get updates to their inbox, through the Patreon mobile app, and on the web, so they can easily stay connected to their favorite creators and everything they make. If creators want to start earning and building their businesses, they can introduce paid options at any time.” Subscribe to get the latest creator newsSubscribe Commerce is also a departure from Patreon’s typical means of doing business. For much of its history, the company co-founded by musician Jack Conte has focused on its fan-funding model, which offers rewards to subscribers who deliver regular payments to their favorite creators. Now, Patreon users will be able to add another monetization model by selling items directly to fans. Those transactions will be processed through the same system Patreon uses for its subscriptions. Patreon’s blog post cites “individual videos, podcast episodes, and other downloadable files” as products that could be sold through Commerce. The company also highlighted a few users who are already trying out the new features. The political media company Chapo Trap House is offering TV and film reviews for its audience, while gaming podcast Worlds Beyond Number is extending its Patreon prowess through a number of exclusives. For transactions on Commerce, Patreon will take a 5% cut plus applicable fees and taxes. If you’re interested in checking out the new Patreon, you can get your name on a waitlist by clicking here. Patreon has indicated that “early access will be made available on a rolling basis in the coming months Subscribe for daily Tubefilter Top Stories Stay up-to-date with the latest and breaking creator and online video news delivered right to your inbox. Subscribe Related Stories Strava seeks social, ecommerce features by hiring YouTube vet as new CEO Newsletter Subscribe for daily Tubefilter Top Stories Subscribe Trending Stories Spotify wants to pay YouTubers millions for their videos Watch out, Google: TikTok wants to be a “discovery engine” for travelers YouTube’s pause-vertising is here MrBeast, Logan Paul, and KSI want Lunchly to be the hottest new thing in the school cafeteria Millionaires: For the SaucyTV family, “YouTube is the greatest canvas” Tubefilter, Inc About Contact Terms of Use © Copyright 2007 - 2024 Tubefilter, Inc.

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