XaiJu
yongyea
yongyea

patreon


ATTENTION: Patreon is Changing

 

Hello everyone,

In case you haven't heard, Patreon is making changes to the way it handles service fees, which will take effect on December 18th. Whereas before, Creators would pay for all fees on their end, moving forward, Patreon is changing it so that Patrons pay a portion of it.

Starting December 18th, Patrons will be charged an addition $0.35 + 2.9% of their pledge. Here's how that breaks down for my reward tiers: 

$1: +$0.38 = $1.38

$5: +$0.50 = $5.50

$10: +$0.64 = $10.64

$20: +$0.93 = $20.93

$30: +$1.22 = $31.22

$50: +$1.80 = $51.80

$100: +$3.25 = $103.25

$200: +$6.15 = $206.15

(These numbers are by my calculations. If you spot any mistakes, please feel free to correct me in the comments below)

Patreon's goal with this new system is to reduce the fees that Creators have to pay so that they can earn more from your contributions. Whereas before, Creators would have to pay anywhere between 7% to 15% of their Patreon earnings to pay for fees (for me, the fee hovered at around 10%), with this new system, they'd only be paying a flat 5% fee.

One thing I'd like to make clear is that this was Patreon's decision alone. If it were up to me, I'd pay for all the fees no questions asked. But Patreon isn't even giving us the option to choose between the old system and the new system.

I know these changes will affect some people more than others. If the added service fee means that you will have to reduce or delete your pledge, I completely understand. Despite the dent these changes might have on the current total earnings, I felt it was my responsibility to keep you informed of these recent developments.

For the full details on these changes, here's Patreon's official FAQ on the matter: https://patreon.zendesk.com/hc/en-us/articles/115005631963

As always, thank you all for your humbling support. Feel free to reach out to me on any time if there is any way I can help in mitigating these changes for those whose ability to contribute might be affected by this.

Regards,
YongYea

ATTENTION: Patreon is Changing

Comments

The new numbers are a little wacky, sure. But that just means we need to be more selective with who we support on Patreon. You're an artist. This is hard work. Hard work ain't cheap.

SUICIDE MIAMI

Glad do have you on board, JMorro, thank you very much for your support!

Thanks for this analysis. I️ support a few folks on Patreon but you’re the only one to inform us of the change. This doesn’t surprise me given your professionalism and thoroughness. I’m looking forward to sticking around here for a while. Cheers.


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