The start-up was founded in by musician Jack Conte. He had a large fanbase but could not fully monetize his influence hoow. He felt if he was being underpaid for the value he brought to his community. To solve this problem, he teamed up with his college roommate and invented later what was known as Patreon. It all started at the right time. It combined the qualities of 3 mkney trends and put them into one: crowdfunding, sharing economy and subscription business model. If you combine the following three things, you will get Patreon. It changed the way startup projects makf get funding. Wikipedia has described crowdfunding very well: it is the practice of funding a project or venture by raising small amounts of money from a large number of people. Legally speaking, crowdfunding is not and should not be a form of acquiring capital investment from individual investors. The money that goes into your account is considered donations for a good cause, instead of loans or equities.
Who is Patreon For?
Last January, I was broke. I lived in a car, and that month I had to choose between paying my cell phone bill or buying food. Two years before that I was a freelance photographer in Chicago, but walked away from that life to travel around the country. My travels had given me a collection of stories and photos I was proud of, and more than 9, people were following me on Instagram. Patreon is basically a payments processor designed like a social network. Then you set goals, which are actions tied to monetary benchmarks, such as being able to quit your job in order to pursue your creative passion full time. I wrote my bio and added a short story about a sunset, a mountain, and the bandits who hid out there a century ago. I set up tiers so my Patreon subscribers could get stories published to Patreon or stories accompanied by a photo every week in an automated text, depending on how much they donated. After an hour, my page was set up. I added a picture of me with my dog. My dog is very cute, so I figured I should capitalize on that. Ayla Arthur , an artist and trans woman in Chicago, has been funding the comic she writes on Patreon for two years now. That was enough to let her buy a tablet for illustrating. But despite the revolutionary rhetoric, the success stories, and the goodwill that Patreon has generated, the numbers tell a different story. Patreon now has 79, creators, according to Tom Boruta, a developer who tracks Patreon statistics under the name Graphtreon.
Making Money With Patreon
This is a website that I have had my eye on for a long time. I actually have friends who have made money with this site, so I can definitely say that I have seen it put to good use on more than one occasion. I also know that many professional creators rely on it to help them achieve goals that would otherwise not be possible. But can you really make money with Patreon? On the landing page of its website, www. To put it more specifically, Patreon allows you to sell memberships to your fans. As you can see, Patreon makes this process pretty easy and hassle-free. Fans pay you for a subscription, which gives them access to exclusive content. You can have multiple different subscription options, and giving your fans access to this can provide you with predictable income—which is awesome for creators who are doing their own thing and living the artist or creator lifestyle. You could easily make use of Patreon if you were a writer, a musician , an artist, a public speaker , etc. Pretty much anyone who would attract fans could make use of Patreon to earn a more consistent income from their consumer base. Actually, you can… and a lot of people do! Plus, an average patron on Patreon pays more on a monthly basis than most consumers pay for Netflix! It is actually a proven, and awesome, platform… though it does, of course, have its limitations. The biggest thing to consider with Patreon is the size of your fan base. A lot of people think about the money before ever putting in the work to grow their audience—but the truth of the matter is that the audience must come first. As for exactly how much you can earn, it all depends on the size of your audience and the number of Patrons you have. There is actually a pretty cool calculator located on the landing page that helps to show you what you can expect to earn. Here is a screen shot of some basic numbers I put into it. Now, this is just an estimate. Obviously, the actual numbers could vary quite a bit. This, at least, creates a starting point for what you could expect to make if you were going to consider using Patreon. There are some people who see this as being too expensive, especially when you get around to dealing with larger amounts of cash. But… the thing to keep in mind is that Patreon absolutely handles everything. They provide tech support for users, they maintain the platform, they take care of everything related to cash-flow—they just make it incredibly easy. This was a question that I was even more curious about, as I personally have had only a very limited experience using the platform. So I dug into the site a little bit to find out exactly what types of content you can share with your users, and how exactly it gets shared.
What to know before starting Patreon
The potential of Patreon for artists is life-changing. In case you haven’t heard, Patreon is a membership program for artists that keeps creators creating through regular donations from supporters. Whether you make street art or 3D movies , it might be just what you need to push you forwards with your projects. To many onlookers, Patreon can appear to be a numbers game. Artists who use the platform jockey for subscribers, and therefore funds, as part of a transaction for their work. As for the site itself, the statistics speak volumes. The site has had an impact beyond these figures, though. Patreon has put creators back in the driver seat and freed them up to create more personal work. Not long after that, Patreon launched and I jumped right on board. We’ve found artists who are using Patreon to achieve their goals, and asked for their tips on how you can utilise it with maximum success. So read on for seven things you can do to get the most out of the platform. Illustrator and artist Wylie Beckert turned to Patreon out of frustration with the traditional career model of working for clients, brands and commissions. By setting up shop on Patreon, Beckert was able to concentrate on her own work.
02. Build an audience
Are you a creative? You could even be an online therapist or an essay writer or a musician just wanting to do your own thing all day. The service was launched inand has become a driving force in the creative community. You can put the time in, you can build an audience, and you can make an income stream out of Patreon — you just need something fo sell.
It is an absolute breeze to set up a Patreon page of your. When you take the plunge and start artixts up your Patreon creator page, there are a few main sections to the process. These numbers are just examples — you can set any goal you want.
Others to announce kb now they can offer exclusive YouTube videos every month or an extra song download or an exclusive printable maje page to all subscribers. Then there are the reward levels! What you offer as rewards is limited only by your imagination — but make sure you develop a reward scheme kb offers your audience real value, and even helps them feel more connected to your journey ,ake work.
If not, spend some time looking at popular Patreon pages to see what they do and brainstorming what images might best support your brand and work. Now you just need to score some subscriptions! Make sure you attend to the practical steps to making money with Patreon first: set up to get paid! As a US creator on Patreon, you have two payout options: you can be paid by Stripe direct deposit or you can be paid through PayPal.
Okay, so now you know how you get your money. But how do you make it with Patreon? There are two kinds of answer to this: the first is to leverage your audience, and the kkn is to offer something of value that appeals to a wide audience.
To leverage your audience, you need to have one. The people who read your website or listen to your music, the people who subscribe to your newsletter, the people who follow you on Twitter and Facebook and Pinterest… these people have the power to make you. So make sure they know about your Patreon! Share it far and wide on social media during the times when your followers are the most active.
Make a newsletter announcement about it, then keep the information in your signature. Display the Patreon logo with a link to your page! To drive those subscriptions to your Patreon page and to attract an audience, you need to have that awesome thing of value that only you can create.
What do you mske Feel ready to take on the Patreon world? Get inspired and take advantage kh this unique way to turn your audience kh subscribers and cultivate a how do artists make money kn patreon stream for your creative life!
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How Does Patreon Work?
From YouTubers to podcasters to writers, sharing art online and finding a fan base can be a rewarding experience — but not for their pocketbook. But with increasingly complicated ways to make money through posting art and content online — whether artistss be podcasts, videos, music and more — creators have sought new ways to generate revenue. For producers of videos, webcomics, music, podcasts and more, Patreon is a way to earn extra money on what might otherwise be free content, and allows fans to contribute to their favorite artist’s platform. As arhists proverbial middleman for supporters to donate to creators, Patreon has become popular primarily through YouTubers and podcasts. According to the site, Patreon is «inviting [fans] to be part mame something exciting that gives them unique benefits they want, like additional access, exclusivity, and engaging experiences,» and allows donors to become members and provide financial donations to their favorite artists monthly. Patreon allows creators to earn income from devoted supporters — but how does this process actually work? Patreon allows creators to set up monthly, subscription-style payment tiers, with different pledges for different levels of content or for various perks. The site allows creators to set up patron-only paid content as well which is only visible patreom patrons and charges them to view the content. Additionally, other variations like patron-only unpaid content or public paid posts are also available. However, once chosen, the up-front option is permanent you will not be able to change it back to subscription or per post. Patrons are able to join by creating an account and pledging money to their favorite creator, with subscription options sorted by different payment tiers or per-post options for content. Additionally, according to the site, Patreon tracks down declined payments, shields account users from chargebacks and tracks their patron history and value. But given that Patreon is a crowdfunding platform that generates income for creators, how does the site itself make money? According to Graphtreon inthese are the top five accounts on Patreon that make the most money for the year:. The account joined in March of The Together Team joined Patreon in June The account boasts some 26, patrons as ofup 2.
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