Important Info - Patreon Changes (Patreon)
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Patreon is making a change to the service on December 18th. It's nothing to be too stressed over, but still something worth discussing. All Patrons will receive an email about this from Patreon later, but I'm informing you now.
The change is to ensure Patreon creators (like me) are able to take home exactly 95% of every pledge. Prior to this change, Patreon has operated by presenting the creator with fees in order to process the money every month. As a result, I have been receiving less of your total pledge amount. This does not include the Paypal fees.
So, for instance, instead of receiving $80 - $90 out of $100 dollars worth of pledges, I'd get $95. Instead of giving 7-15% to Patreon, I only give 5%. So in theory, this is pretty great and helps ensure I can continue producing content with a more predictable paycheck.
However, in order to make this change, You, the Patron, will pay more. This fee, for you, is 2.9% + $0.35.
If you have difficulty processing this and would find a visual of this change:
I do not know what your current fees are, but if you are pledging a certain amount, below will be the amount you will wind up paying instead:
- $1 > $1.38
- $3 > $3.44
- $7 > $7.55
- $10 > $10.64
- $30 > $31.22
Patreon has run experiments and found that many Patrons were happy knowing that this change will send more of their pledge to their favourite creators. However, because it is YOUR money - money coming out of your available funds, it's important to me to hear how you feel. I like to build my Patreon with both you and myself in mind, and have even been planning changes in the hopes of making it a more fulfilling experience for you - so this new Patreon setup is worth talking about.
So with this in mind, I need to be aware of your feelings and thoughts.
Is this change going to be difficult for you? Does this change encourage you to select a lower reward tier, or perhaps drop off entirely? Would you prefer if the pledge values were lowered, for instance, the $7 tier reduced to a $5 tier? Would you instead prefer I offer more rewards & quirks to each individual pledge? Or are you fine with the change?
Your support is important to me and in order to shape supporting me into a more optimal experience, I need to know how you feel.
If you need to know more about this change, you can check out this FAQ.