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At its core, Patreon is a platform that connects artists and creators with patrons — backers who pay to support said creators. In plough, artists and creatives can share their work on the platform, assuasive supporters to admission special content and rewards. From music, stories and webcomics to photography, illustrations, videos and podcasts, in that location'due south a lot to relish on Patreon — and many creators to support.
Before platforms similar Patreon, information technology was much more hard for artists and creators to make a living, build a platform, and connect with supporters and fans. Thanks to Patreon, there'southward both more admission and visibility, which means creators actually go paid for their piece of work every calendar month. Simply is it the all-time way to support creatives? Nosotros're taking a closer look.
What Is Patreon?
Artists and creators who use the Patreon website upload the content they wish to share. If they attract fans, those fans might subscribe to their page and support them with monthly payments. Of course, the content you lot'll notice on any given page varies depending on the creator. For example, photographers often postal service shots they aren't sharing elsewhere, while writers might create exclusive newsletters or off writing workshop services. Podcasters and musicians might upload unedited recordings, bonus episodes or culling tracks.
The Patreon website has a unproblematic design that is easy to use for both creators and subscribers. This allows artists to focus on their piece of work instead of having to bargain with the business organisation end of things. Information technology also allows subscribers to experience assured: their monetary support will achieve the artists, and they volition receive the rewards promised to them.
Creators get to decide how to evangelize their content. For example, some Patreon users implement different tiers of back up; these membership tiers, which are tied to a different monthly payment amount, are linked to increasingly more exciting rewards. For example, a Patron who pledges $one to a podcaster might receive a "thank y'all" shoutout for their efforts, while a Patron who pledges $20 a month might receive something more significant, similar a invitee spot on the creator's podcast.
Rewards, of class, vary by creator and medium. Another instance? A digital creative person's Patreon folio might provide a $i tier where they share insight and tips on how they come up with ideas for their drawings. Then they might have a $5 tier that provides an exclusive phone wallpaper drawing every month. They might also have a $ten tier offer an exclusive digital drawing every month, or maybe even a print. Their $20 tier might requite access to exclusive video tutorials teaching fans how to create work like theirs.
Moreover, it's ofttimes the case that higher tier Patrons will receive the content and rewards linked to the lower tiers, too. Regardless of the tier a Patron selects, creators are paid in a lump sum at the beginning of every calendar month. This dependable source of income tin can become a long fashion in supporting artists — one that'due south not tethered to exterior variables. For case, during the meridian of the COVID-19 pandemic, musicians who couldn't agree concerts leaned into Patreon and found ways to provide virtual experiences for fans, all while making up for that missing clamper of income. Amend even so, Patreon allows Patrons to support creators, no matter where in the earth they alive, and this kind of accessibility — and visibility — is a win for usa all.
How Did Patreon Start?
In February 2013, Jack Conte thought upward what would become Patreon. The thought stemmed from the artist's own financial needs — needs that weren't existence met by YouTube advert revenue alone. Fifty-fifty though he had 100,000 subscribers on his YouTube channel at the time, Conte yet needed a more secure, reliable, and piece of cake way to garner financial support. And information technology needed to entreatment to the those subscribers, who, in essence, were accessing his work for free on YouTube.
To build the website and platform, Conte contacted his onetime Stanford roommate Sam Yam. Together, the duo co-founded Patreon. When the platform finally launched, Conte asked forty creators to showtime their ain accounts, but they all declined. In the end, the but original Patreon creators were Conte, his girlfriend, and his roommate.
In order to promote the platform, Conte added a bit at the end of one of his YouTube videos, encouraging people to support him on Patreon, too. In return for their support, Conte offered up access to his newest music video. That exclusive offer alone encouraged fans to provide over $5,000 in back up — support that, they hoped, would fund the creator'southward future projects, too.
High-Contour Patreon Creators
Patreon has many highly successful creators who earn upwards of $200,000 a year from the platform alone. Last Podcast on the Left, for instance, is one of the almost successful Patreon accounts ever. The folio earns over $80,000 per month and boasts more than 12,000 patrons. Bolstered by in-depth enquiry and agreeable banter, the horror podcast delves into existent-life horror stories, urban legends, and more. Since the podcast is available on Spotify, Patrons get bonus content, similar additional interviews, ad-costless episodes, and exclusive video content.
Kirsty Partridge is some other loftier-profile Patreon creator. She has over a 1000000 YouTube subscribers on her art tutorial channel where she teaches people how to describe and paint. Some videos are for amateurs, while others are for more seasoned artists. Regardless, there's something there for everyone who wants to hone their skills. Partridge's Patreon consists of 2 tiers — a $14.50 per calendar month tier and a $29 per month tier. With over 2,300 subscribers, Partridge earns at least $30,000 each month.
Is Patreon the Best Way to Back up Your Favorite Creators and Artists?
Between 5 and 12 per centum of a creator'south earnings go to Patreon. With around 200,000 creators on the platform, Patreon has grown to become a very successful business. For creators, the cut seems to be a minor price to pay in exchange for a reputable platform that helps them accomplish tons of supporters. Nonetheless, just considering Patreon is the original platform for supporting creators, that doesn't hateful it's the only ane.
For example, platforms such as Buy Me a Coffee and Ko-Fi are ii alternatives to Patreon. Purchase Me a Coffee boasts over 300,000 creators and allows for one-time donations and tips without the necessity of supporters making an business relationship or subscribing, which many creators (and supporters) adopt. Meanwhile, Ko-Fi has 500,000 creators on its platform, in part because information technology doesn't charge whatsoever fees, thus allowing all of the coin from donations and subscriptions to go correct into creators' pockets. Instead of taking a cut, the company just makes money from its Gilded Subscriptions.
Regardless of the platform, supporting your favorite artists and creators monetarily goes a long style. Frequently, artists mail service their work on social media platforms for free — or see very trivial of the advert-generated acquirement — which ways that Patreon (and platforms like it) are essential revenue streams for creators. As an added bonus, such platforms allow artists to stress less and focus more on their work. Patreon states on its site that it aims to "Change The Way Art Is Valued" — and, clearly, the platform is doing just that by centering the creators who make said art.
Source: https://www.askmoney.com/budgeting/is-patreon-the-best-way-to-support-artists-creators?utm_content=params%3Ao%3D1465803%26ad%3DdirN%26qo%3DserpIndex
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