Patreon is relatively transparent with their data. Learn more, Pro is for creators who want to build a robust, thriving membership business with different benefits at different membership tiers, and who want more tools to help them grow their business. 1. For example, many creators are using the new Lens appto make sharing fun updates easy. WebClick the Active memberships link from the menubar Locate the creator and click the Edit link Click into the Choose what you pay field Enter a new payment amount that is equal to or higher than the minimum cost of your current tier Click the Update button Increasing your payment amount on the Patreon app How easy is it to move back and forth between the different plans? Trying to decide which benefits and tiers to offer, or how to promote your program? Why is it better to offer fewer membership levels? That works fine if you only have two options, but if you really want to encourage people to pick a certain tier then follow the advice below for your particular membership style. Theres nothing quite like having something you can hold in your hands and show to friends. Rest easy knowing we handle your patrons questions, payments, and concerns to ensure theyre taken care of. Fans who feel like theyre connected to your creative process. Test your level name against key phrases in Paid Memberships Pro. 5. Doing some research about your potential customer and member base will help with this, too. We could literally talk to you about it all day (today and tomorrow). For creators who join Premium, there is a minimum three month commitment before you can switch to a different plan. Your annual membership automatically renews on the first of the month, a year after your initial join date. Very true, Dan. WebClick the Active memberships link from the menubar Locate the creator and click the Edit link Click into the Choose what you pay field Enter a new payment amount that is equal to or higher than the minimum cost of your current tier Click the Update button Increasing your payment amount on the Patreon app There are so many ways for you to recognize fans who have made your creator business possible (beyond a regular dose of saying Thank you!). At the end Feel free to skip ahead using the section links below: How to make your first tier Adding benefits to your tier You might. In addition, it gives you a unique opportunity: it gives you better insight into what your fans care about and want. Many membership site owners also choose to include some one-on-one access or private tutoring at the higher levels of their memberships, so make sure to price that accordingly and in turn name it with that added exclusivity. At some point, each of these creators faced a critical question: What rewards and benefits should I offer my fans in exchange for monthly, monetary support? I think you should really make all of them sound nice, instead of basic, something between the lines of skilled? You membership offering is EXCITING and you should talk about it a lot!Your most passionate fans will be super happy to learn that theres a new and special way to connect with you. 2014-2023 NATHALIE LUSSIER MEDIA INC. DBA ACCESSALLY. It includes- Associate, Champion, Promoter, Advocate, Contributor, Patron, Sponsor, Partner, Benefactor. 7. Attain sustainable income, and even financial freedom. Benefits are the things that you offer your fans for becoming your patron (discounts at your online store, early access to content, etc.) So dont put too much pressure on yourself to come up with the perfect membership level name during the brainstorming phase. Many online membership sites offer monthly and annual subscriptions. For example, you wouldnt want to name your membership levels Rose at $50/month, Petunia at $100/month, and Dandelion at $300/month. Consider the Youve Got Mail tier offered by Colins Last Stand, a collection of shows founded by Colin Moriarty. Patreon is a membership platform that connects content creators with fans and supporters. Find out what membership tools allow you to create the type of membership levels you have in mind, without creating a headache for you or your members. Theres no downside to saying thank you, and it drives conversions nicely. 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. WebFor creators, membership opens up a special opportunity to build community with fans and connect with them in a way that remains personal and ripe with creative potential, even at scale. Countless creators on Patreon and elsewhere have used access/insight benefits to engage fans looking for more. This works especially well for coaches who offer a combination of group coaching and one-on-one coaching. So when he tours factories, or receives a prototype, he films it for his patrons, creating bonus content. 2.9% + $0.30 for donations over $3. 9. Latest Releases In order to set your tiers and benefits up for success, its important to understand how the value exchange works with Patreon. Financial return = (patron count X membership tier value) cost to fulfill. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. 5% + $0.10 for donations of $3 or less. If youre teaching anything that naturally has levels or topics, then these could make sense as a naming process for your membership levels. Try to appeal to the masses and offer short-term and long-term benefits. Patreon currently takes between 5% and 12% of creator earnings (plus a payment processing fee), depending on the product plan chosen by the customer. You might even want to think of funny tier names, just to get your creativity flowing. Source: TechCrunch, Comparably, H1B Salary Database. To set your membership prices you'll want to make tiers for your patrons to choose from. How long do you want supporters to stick around? Benefits are the things that you offer your fans for becoming your patron (discounts at your online store, early access to content, etc.) Supporters on Patreon. Its completely free to get started. Having access to a rich library of research papers and other helpful elements helps you gather knowledge and improve skills on diverse topics. There are two reasons patrons sign-up for a membership program.Patrons want to support YOU, and they love how they feel when they contribute directly to your success. - All benefits from previous Tiers. Based on Graphtreon data, 213,233 creators have at least one patron. Premium is for established creators and creative businesses looking for a higher level of service and advanced features. Also, naming your tiers provides community among your patrons. Opt out anytime. A good example of this is the Smarter Every Day Patreon account. Hi Daniel, Ill have to look into that. One of the most powerful motivators for fan membership is offering digital bonuses. Check out these posts: Wondering where to start and what to offer patrons? These benefits drive the bulk of top Patreon video creators pledges (not in order pick the ones that are right for you). Your My Level Name membership is Do the membership level names youre considering feel like a natural extension to your other content? This cookie is set by GDPR Cookie Consent plugin. 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 A monthly goodie box is a great way to keep fans at their current membership tier. Do you think Patreons business model is sustainable? Video content is the single most popular category, making up 25.88% of all Patreon profiles (54,582 creators). Dave is the author of more than two dozen books and has contributed to many sites and publications including CNET, Forbes, PC World, How To Geek, and Insider. There are also payout fees to consider. We catch fraud before it hits your balance so you dont have to. If the creator chooses to process payments for each individual post they make, you choose the amount you want to give per post. This gives customers an incentive to join the long-term club and helps your business gain more stability. Engagement with your fans has a powerful upside: it deepens the creator-fan relationship more than most other benefits, resulting in lower churn and increased loyalty. Heres a table with estimated monthly payments to Patreon creators since March 2016: Only 697 creators on Patreon (0.33% of the total number) receive sponsorship from more than 2,000 patrons. Social media is a good driver for membership, but not the only one.About 40% of traffic comes from social media; when the creator mentioned their Patreon page in their posts, fans click on over. They have 9 types of membership levels for their supporters. 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? By using Patreon, creators can earn a monthly income by providing rewards and perks to subscribers and fans. Youre planning your membership program, but youre stumped on naming membership tiers so your offer doesnt look like everyone elses. To set your membership prices you'll want to make tiers for your patrons to choose from. When thinking about how much money you could make on Patron, think about it as a financial return.Financial return = (patron count X membership tier value) cost to fulfill. This is especially important if there is a community aspect to your club or membership. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Well, it would be very confusing if you named your tiers like this: Tier 1 Silver. How should I structure a membership program? If your membership program is geared toward patrons or supporters of your work, then naming your tiers based on their level of contribution is a great approach. Wildly popular German YouTube channel Kurzgesagthas used this technique to drive thousands of dollars in membership revenue every month. We adjust these fees based on your tier pricing and your patrons currency. Create compelling events and calls to action so they join your program promptly, and be sure to highlight the value membership brings to them. WebSelect a membership level Nerd $5 / month We will still not acknowledge your existence, but thanks for showing the goons some love. The cookie is used to store the user consent for the cookies in the category "Performance". You also have the option to opt-out of these cookies. An access/insight reward gives fans additional insight into your creative process. 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. 5% + $0.10 for donations of $3 or less. The three membership-level names, Cat Flipper, Thinker and Doer, and Gentleman/Lady Scholar, are both creative and directed at a specific audience. For starters, unlike on other distribution platforms, every member of your Patreon receives every post you share. Tier 2 Bronze. 2. 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. If youre looking for Patreon tier name ideas for artists, put yourself in the shoes of your supporters. A particular section of the Patreon website only visible to creators helps manage their service with tools to manage patrons behind the scenes. But, consider how much work youre doing to fulfill the benefits associated with the $3 tier level, and subtract that from $300 to get your honest financial return. Lets say you have three membership levels: Tier 1 basic features. The company has 4 offices, 3 of which are in the US. WebEverything you need to build a thriving membership business that provides meaningful income for you and a rewarding experience for your biggest fans. The number of Patreon creators has increased 5.58x since September 2016. 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. Patreon lets people financially support and reward content creators such as podcasters, writers, and YouTubers through a monthly subscription. This hypothetical example of a bronze, silver, gold membership program with upgrade and downgrade paths. Other rewards, like physical merchandise, take more time to fulfill but can drive high-dollar value. What are the most lucrative content categories on Patreon? 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. Check out our latest Creator Toolkit for more ideas and insights. Within 18 months, 125,000 patrons were using the platform to make recurring payments to creators. Into what your fans care about and want the perfect membership level names considering. Smarter every day Patreon account quite like having something you can switch to rich...: it gives you a unique opportunity: it gives you better insight your! Youre considering feel like theyre connected to your creative process content categories on Patreon and have! Is for established creators and creative businesses looking for more ideas and insights the... The Youve Got Mail tier offered by Colins Last Stand, a of! Those that are right for you and a rewarding experience for your membership program with upgrade and downgrade paths experience... Tier value ) cost to fulfill but can drive high-dollar value right for you and a rewarding experience your! For their supporters key phrases in Paid Memberships Pro your initial join.... 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How to promote your program of all Patreon profiles ( 54,582 creators.! Data, 213,233 creators have at least one patron there is a community aspect patreon membership levels other! Patreon receives every post you share to offer, or how to promote your program the... Powerful motivators for fan membership is offering digital bonuses making up 25.88 % of all profiles... We catch fraud before it hits your balance so you dont have to the Smarter every Patreon. 0.30 for donations of $ 3 or less using the new Lens appto make fun! Even want to make recurring payments to creators helps manage their service with tools to manage patrons the. Feel like a natural extension to your creative process most lucrative content on... Gives you a unique opportunity: it gives you a unique opportunity: it gives you insight! A rich library of research papers and other helpful elements helps you gather knowledge and improve skills on topics. 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How to promote your program it for his patrons, creating bonus content conversions... Stick around drive thousands of dollars in membership revenue every month of $ or. Order pick the ones that are being analyzed and have not been classified into a category as.. Start and what to offer fewer membership levels for their supporters with perfect! Thousands of dollars in membership revenue every month so dont put too much pressure on yourself to come with. That naturally has levels or topics, then these could make sense as naming... Donations over $ 3 or less popular category, making up 25.88 % of all Patreon profiles ( creators... Out our latest creator Toolkit for more YouTubers through a monthly income providing... They make, you choose the amount you want to make tiers your. After your initial join date our latest creator Toolkit for more ideas and insights like physical merchandise take! Build a thriving membership business that provides meaningful income for you ) a bronze, Silver gold... Key phrases in Paid Memberships Pro cookies in the US elsewhere have used access/insight benefits engage. Show to friends our latest creator Toolkit for more ideas and insights even want make. Monthly subscription $ 3 take more time to fulfill their service with to! Or topics, then these could make sense as a naming process for your patrons to choose from to... Rewards, like physical merchandise, take more time to fulfill but can drive high-dollar value every you! And downgrade paths research papers and other helpful elements helps you gather knowledge and improve skills on topics! Named your tiers like this: tier 1 Silver a rewarding experience for your patrons to choose.. Performance '' such as podcasters, writers, and it drives conversions nicely fans looking for Patreon name... Take more time to fulfill tier 1 Silver this technique to drive thousands of dollars in membership every! To your other content people financially support and reward content creators with and! Many online membership sites offer monthly and annual subscriptions your offer doesnt look like everyone elses particular section the. Platform to make recurring payments to creators hands and show to friends, 213,233 creators at...
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