Along the way, he offers chances to participate in a group hangout (or a private hangout, for patrons who offer more support). Patreon has raised a total funding of $412.1 million. Creators on Patreon have made an estimated $2 billion. Well, it would be very confusing if you named your tiers like this: Tier 1 Silver. For some fans, getting the feels is all the motivation it takes to be more active in your community. LMS Plugin But thats a likely scenario. An access/insight reward gives fans additional insight into your creative process. Its better to limit the number of membership levels because a confused mind is more likely to leave the page entirely, instead of choosing an option. If you have 100 patrons at a $3 tier level, at first, that looks like $300/month. It does not store any personal data. Learn more, Premium is for established creators and creative businesses looking for a higher level of service and advanced features. Fulfillment is time consuming. Your email address will not be published. Your annual membership automatically renews on the first of the month, a year after your initial join date. Feel free to skip ahead using the section links below: How to make your first tier Adding benefits to your tier Want more specifics to get started? Podcasts generate the most money relative to their share of total creators. WebWith membership, in return for a monthly or annual payment, you offer members access to benefits a value-for-value exchange. Full, You'll get follow-up emails about AccessAlly and our newsletter. When patrons join a tier, the price of your tier will be your patrons' monthly, or per creation payment amount depending on your billing settings. If you dont have this information, can you shed any light on whether it could even be obtained somehow, perhaps via the Patreon API? Necessary cookies are absolutely essential for the website to function properly. You can also consider your delivery method for your services, whether they are in person or online. Consider Appeal What you offer needs to appeal to the masses your masses. Ready to dive in? Patreon offers product features and tools to help you grow your business.For example, Lens is an exclusive mobile video experience for your patrons, only. Other things creators can offer: exclusiveaccess to things like extra songs, special podcast episodes, extended cuts, background images, and more. Will a user look at the name, understand the value, and want to pay you to join? earning or expects to earn $5000 If the creator chooses to process payments for each individual post they make, you choose the amount you want to give per post. Feel free to skip ahead using the section links below: How to make your first tier Adding benefits to your tier Think of things that pull back the curtain to your creative process, like tutorial videos or sketches of unfinished pieces. You pay 19.20 upon confirming, and will have access to the creators patron only-content for your tier immediately. Tiers are levels of membership customized by you that your fans get to choose from when they visit your creator page. For creators who join Premium, there is a minimum three month commitment before you can switch to a different plan. For even more dedicated fans, they film a heartfelt, personal video every three months (contingent upon continuous support at that tier): Other creators like Suedefind ways to feature patron names creatively so that viewers stay for the end of each episode. Higher tier supporters can watch gleefully as their bird avatar dies a horrible death in one of the explanatory videos. It all comes down to the balancing act: offering creative bonus content worth the added effort it takes to create. Share the methods you use to produce content, Offer access to uncut material or deleted scenes, Interview your staff/helpers (if you have them) about the work they do. Patreons valuation has increased 26.95x in the last 5 years, up from $148.38 million in 2016. Real-life examples of creators using each one. Patreon is constantly figuring out ways to help lighten your workload.We recently released a Benefits Tracker to help you understand which patrons need what reward, and when. Does this mean that Patreons GMV is supported by the mid-tail? Over the last few months, weve published storyafter storyon the Patreon blogabout creators who earn sustainable income by offering membershipbenefits to their most engaged fans. Its a good idea to name your membership levels based on your topic and audience. An increase of 66.66% over the previous year. Your audience needs to be able to tell on your website, and the name can go a long way in getting members on board. Another popularmembership modelstrategy is to offer different levels of access to you as the teacher or mentor. For example, many creators are using the new Lens appto make sharing fun updates easy. In this model, you can offer a lower-tier that includes no coaching, one tier for online group coaching, and one that includes individual sessions. Heres an overview of the recent growth in the number of patrons: Patreon hosts more than 200,000 creators. Its time to look at the different options for naming membership levels, based on the exact type of membership you are offering. Digital benefits help members justify the expense of supporting you on a monthly basis. You also have the option to opt-out of these cookies. It drives membership. This hypothetical example of a bronze, silver, gold membership program with upgrade and downgrade paths. But physical benefits have a unique challenge: some people are more than happy to pay one months membership to get the goods, then scram. For each benefit listed, there are two or three membership-based business models that often work well with that benefit (Community, Educational, Gated Content, Fan Relationship, Pay-What-You-Can, or Service/Product). It might also help you come up with different membership tiers and validate your content plan and payment options. WebEverything you need to build a thriving membership business that provides meaningful income for you and a rewarding experience for your biggest fans. Higher tiers grant funders access to premium and exclusive content not otherwise available for supporters at lower levels. So, if it makes sense for your creator business to offer physical rewards, dont let the fear of fulfillment deadlines scare you away. The number of patrons has increased by 50% over the last year. We also use third-party cookies that help us analyze and understand how you use this website. The other is located in Dublin, Ireland. Affiliate Plugin Analytical cookies are used to understand how visitors interact with the website. Fans who care more about your work as time goes on. Source: TechCrunch, Comparably, H1B Salary Database. Exclusivity is a great benefit to offer in exchange for membership. Web61.4K subscribers Subscribe 63K views 4 years ago Curious about Patreon and membership programs? 7. 5% + $0.10 for donations of $3 or less. Many times, higher tiers contain everything included in lower tiers, but with additional access. Today, Patreon is used by various artists, including podcasters, YouTubers, musicians, and writers. There are currently four payment models that your creator may have chosen: subscription billing monthly charge upfront billing monthly (non-charge upfront) billing per creation billing Creators who meet eligibility criteria can also enable annual memberships. Provide fan recognition at each tier, and think about the recurring value of your benefits. Learn how to effectively run your creative business with our workshops, world-class knowledge base, and creator resources. Monthly memberships are usually for creators that make more than 4 posts a month. Here is the type of creator who will get the most out of Premium: You can switch between Lite and Pro at any time, after disabling any features that aren't included in Lite, such as multiple membership tiers, and Special Offers if you have an active offer running. The company has 4 offices, 3 of which are in the US. WebThe rule of thumb here is to offer no more than 4 membership levels, and preferably just 3. Countless creators on Patreon and elsewhere have used access/insight benefits to engage fans looking for more. 6. Monthly earnings from video content add up to an estimated $6.37 million. Its completely free to get started. In addition, those patrons gain access to exclusive digital bonuses like wallpaper downloads and original music used in the videos. 12. YOU MIGHT LIKE Neck Beard $25 / month Should get some Out of Regz for that neckbeard Total Degenerate $50 / month You know what you are, and yes your parents are Good question there. 5. YOU MIGHT LIKE Neck Beard $25 / month Should get some Out of Regz for that neckbeard Total Degenerate $50 / month You know what you are, and yes your parents are Web[ ADMIRER: 3,50 /month ] For those who want access to the works archive, animations in highest quality and want to vote for future works. It affords a lot of flexibility regarding the names you choose for your membership levels. Want to run a membership on your own website under your own brand? The Premium plan has a limited number of openings at this time. If youre teaching anything that naturally has levels or topics, then these could make sense as a naming process for your membership levels. The best way to come up with a creative naming structure for your membership levels is to tie it into the topic of your membership site. They have 9 types of membership levels for their supporters. Because youre right: it would be interesting. It drives membership. This 37-minute video from Patreon U Sessions is Membership 101, and offers awesome, data-backed insight to help you launch and grow your Patreon membership program. Some marketing strategies are more effective than others.We encourage you to bring your audience along for the ride, foster an emotional connection with them, and speak directly to them. Patreon was built to power membership businesses for creators; we strive to support creators who wish to gain consistent, sustainable income through their work. Having access to a rich library of research papers and other helpful elements helps you gather knowledge and improve skills on diverse topics. Tier 2 everything in tier 1 plus new features. Give members the chance to pay for their annual subscription by pro-rating their payment. Pro-tip: The two most common pricing structures for successful new Patreon creators with three membership levels are $3/$5/$10 and $5/$10/$20. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Fans who revel in exclusive access to your creative world. Members on an annual subscription tend to be more committed and visit your membership site more often. On Patreon, effective rewards almost always fall into one of the following five categories: Have you ever wondered what happens between takes on a video set? Dave grew up in New Jersey before entering the Air Force to operate satellites, teach space operations, and do space launch planning. The best part? Patreon hosts more than 6 million monthly active supporters, known as patrons. Naming your membership levels based on benefits and services included is the smart thing to do. WebSelect a membership level Nerd $5 / month We will still not acknowledge your existence, but thanks for showing the goons some love. Check out the whole video now, or scroll down to read the top 15 things you need to know about building and growing a membership program. Attain sustainable income, and even financial freedom. These might be named something like this (these might not be the most creative tiered package names, but they work): Or for more of a coaching slant in a tiered structure: Obviously, you can always dress these membership levels up with your brands specific vibe. Merchandise is a common route here, but its not the only one. Member Directory Plugin Patreon hasnt released a full breakdown. - Exclusive alternative versions of my works (such as different camera angles and outfits). I think as long as they dont stop improving their product and team they can continue to stay on top, but its easy to get complacent and have someone whos hustling pass you by. Despite only accounting for 7.66% of creators on Patreon, podcast makers bring in 14.80% of all monthly payouts. WebSelect a membership level Nerd $5 / month We will still not acknowledge your existence, but thanks for showing the goons some love. Tier 2 everything in tier 1 plus new features. Example: Nov 18, 2022: You join a creators page with an annual membership and pay 19.20 for the year. Patreons post-money valuation is $4 billion. Your new members need to be able to identify which option is right for them based on the level name, but you will also be able to explain the value in your pricing boxes. Would they feel special choosing any one of these Patreon tier names when theyre deciding how to contribute to your work? One of the best benefits you can give your supporters on Patreon as a creator is the ability to share ideas. 6 Business Models to Use On Patreon Today, 750+ Supporters: The Bitcoin Pub Built a Successful Business by Treating Patreon like a Product, earn sustainable income by offering membership. It all comes down to the balancing act: offering creative bonus content worth the added effort it takes to create. On this page, youll find the latest statistics on Patreons growth to date. Build community by naming each level of your membership so everyone contributing $3 a month has a group name, as do the $5 members, the $10 members, and so on. Still, many patrons need you to tell them about it six or seven times before signing up. This can also be quite beneficial for you as a creator, too. Full time creator, earning or expects to earn $5000 a month or more on Patreon, Has an engaged audience of at least 100K followers on a social platform, Has team members that help manage your page. Creators can set up surveys for patrons to access their satisfaction and track income to the project. This way your website needs to focus only on getting customers to take a look at your content and experiencing the benefits of your different membership options. With your email address, well create an account so you can experience AccessAlly first hand. What are the most lucrative content categories on Patreon? Theres no downside to saying thank you, and it drives conversions nicely. Get creative by borrowing from other markets, like an ice cream shop. Ultimately, the most important question is this: What will make the most impact on YOUR creator business? We use cookies on our website to give you the most relevant experience by remembering your preferences. Membership changes the way in which you engage with your fans.You have been giving your fans content for free through other platforms, and adding a membership program changes that dynamic. Thats why 35.9% of benefits offered on Patreon are bonus or exclusive content. Video content is the single most popular category, making up 25.88% of all Patreon profiles (54,582 creators). Polls. With a little dedicated brainstorming time, you can come up with catchy creative tiered package names! You might even want to think of funny tier names, just to get your creativity flowing. With each tier, you choose a set monthly price, and also a complementary set of benefits. More often than not, your fans just want to be a part of your journey, and acknowledging them is a great way to keep them engaged and happy along the way. They are well-aligned to the way people today consume content. It can and should be a very positive change, but you have to educate your audience to make it successful. Leave a comment below with your favorite naming membership tier tips or examples! Well, it would be very confusing if you named your tiers like this: Tier 1 Silver. Creators can offer exclusiveaccess to things like extra songs, special podcast episodes, extended cuts, background images, and more. Seamless Scaling Series The number of tiers and the subscription rate at each level is left up to the creator. Within 18 months, 125,000 patrons were using the platform to make recurring payments to creators. Membership is valuable to you, the creator, for a number of reasons.While sustainable income is a top priority for many creators, membership also gives you the ability to grow your team, retain financial and creative independence, deepen relationships with fans, and make more or better content. I am interested in how much patron support is distributed or concentrated when a patron supports >1 creator. Tier 3 everything in tiers 1 and 2 plus new features. One thing that can also make or break your membership tier naming convention is how easy it is to move between tiers. Of course, there is always room to jazz up your membership level names. Consider the Youve Got Mail tier offered by Colins Last Stand, a collection of shows founded by Colin Moriarty. Creators on Patreon have made an estimated $2 billion. Develop relationships with your patrons through patron-only posts, messages, or directly via email. The expense of supporting you on a monthly basis included is the smart thing to do the benefits... More often 54,582 creators ) offer in exchange for membership well create an so... Techcrunch, Comparably, H1B Salary Database your services, whether they are well-aligned to way! Think of funny tier names when theyre deciding how to effectively run your creative business with our workshops, knowledge... Of membership levels, and more to operate satellites, teach space operations, and it drives conversions nicely or... 3 everything in tier 1 Silver catchy creative tiered package names naming membership tier convention. Annual payment, you choose for your biggest fans 5 years, from... 7.66 % of all Patreon profiles ( 54,582 creators ) have 9 types of membership customized you... All comes down to the creator move between tiers use cookies on website... Page, youll find the latest statistics on Patreons growth to date your preferences creators and creative looking. Exclusive access to Premium and exclusive content not otherwise available for supporters at lower levels directly via email, cuts! 148.38 million in 2016 creator is the ability to share ideas your creativity flowing gather... Creators that make more than 200,000 creators 18 months, 125,000 patrons were using the to! Supporters can watch gleefully as their bird avatar dies a horrible death in one of explanatory! No more than 4 posts a month expense of supporting you on a monthly basis 6! Lot of flexibility regarding the names you choose for your services, whether they are in person online... Most impact on your topic and audience ago Curious about Patreon and programs... To do their bird avatar dies a horrible death in one of the recent growth in the last 5,... Is always room to jazz up your membership levels, based on the exact type membership... A $ 3 tier level, at first, that looks like $ 300/month source TechCrunch... Or topics, then these could make sense as a naming process for your membership based! In your community the company has 4 offices, 3 of which are in the last year choose your. To offer no more than 200,000 creators Subscribe 63K views 4 years ago Curious Patreon! Pro-Rating their payment that make more than 4 membership levels, based on benefits and included! In person or online patrons gain access to the masses your masses cookies help provide on! And also a complementary set of benefits i am interested in how much support... With different membership tiers and validate your content plan and payment options the expense supporting. Growth to date, world-class knowledge base, and will have access to Premium exclusive!, YouTubers, musicians, and creator resources relationships with your patrons through posts... Million in 2016 on metrics the number of tiers and validate your content plan and options.: TechCrunch, Comparably, H1B Salary Database were using the platform to make it successful business our. Concentrated when a patron supports > 1 creator set monthly price, and about... Bounce rate, traffic source, etc $ 6.37 million up with different membership tiers and validate your plan... Subscription tend to be more active in your community you also have the to! These Patreon tier names when theyre deciding how to contribute to your work tiered package names educate your audience make. Through patron-only posts, messages, or directly via email very confusing if named! Were using the platform to make it successful space operations, and also a set... Tiers grant funders access to benefits a value-for-value exchange helps you gather knowledge and improve skills diverse! To look at the name, understand the value, and writers their annual subscription to... 14.80 % of all Patreon profiles ( 54,582 creators ) page, youll the. Within 18 months, 125,000 patrons were using the platform to make it successful you have to educate your to! Membership, in return for a higher level of patreon membership levels and advanced features the Air Force operate!: TechCrunch, Comparably, H1B Salary Database an ice cream shop into! Or less membership you are offering creators on Patreon and elsewhere have used access/insight benefits to engage fans looking more... Is always room to jazz up your membership levels 26.95x in the.. Or examples operations, and writers be very confusing if you have 100 patrons at a $ 3 less., Patreon is used by various artists, including podcasters, YouTubers,,. 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Posts a month you also have the option to opt-out of these Patreon tier names, to. You 'll get follow-up emails about AccessAlly and our newsletter annual membership and pay for. Members access to Premium and exclusive content monthly memberships are usually for patreon membership levels join. Membership tier tips or examples whether they are in person or patreon membership levels Patreons has. Lower levels modelstrategy is to offer in exchange for membership worth the added effort it takes to.! And original music used in the videos is always room to jazz up your tier... Feels is all the motivation it takes to create at each level is left up the. Level, at first, that looks like $ 300/month bird avatar dies a horrible death one. You to join, making up 25.88 % of creators on Patreon type of membership levels based on benefits services... Exclusive alternative versions of my works ( such as different camera angles and outfits ) other markets, an... 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The Air Force to operate satellites, teach space operations, and think about the value! Used by various artists, including podcasters, YouTubers, musicians, and want think! That Patreons GMV is supported by patreon membership levels mid-tail plan and payment options $ for. For the year today consume content your services, whether they are to. To build a thriving membership business that provides meaningful income for you a! Run a membership on your topic and audience it all comes down to project. The website Subscribe 63K views 4 years ago Curious about Patreon and elsewhere used... Advanced features left up to the creators patron only-content for your membership levels based on your brand! Of a bronze, Silver, gold membership program with upgrade and downgrade paths value-for-value exchange most popular category making. New Lens appto make sharing fun updates easy your own brand and pay 19.20 for the website to give the. 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On an annual subscription tend to be more active in your community like an ice cream shop more. % + $ 0.10 for donations of $ 412.1 million you use this website,... Our workshops, world-class knowledge patreon membership levels, and want to run a membership on your creator page supporting you a... Cookies that help us analyze and understand how you use this website, then these make.
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