Welcome to Web Series World News, where we pick a topical piece of news and discuss it as a community! Today’s topic is…
Patreon’s rise in artistic relevance
In celebration of their five year anniversary, Patreon revealed that it has paid out over $350 million to creators in that time. Of course, there have also been sobering reports making it clear that only a fraction of the site’s users can actually make their living off the platform, but nevertheless, we can all agree the model of Patreon has changed the game for monetizing indie creative content.
Some questions to consider:
- What are perk rewards you gravitate to when committing to someone’s Patreon?
- What are perk rewards we as web series creators can offer on a MONTHLY basis that won’t completely drain our time and energy?
- What are perk rewards that you can offer that will be worth it to fans of a relative nobody (as opposed to the more established, popular Patreon users)?
- Is Patreon the preferred model for online monetization, over crowdfunding, brand integration, or ads? What works and doesn’t work about it?