“Great news, kids!”
And right before fucking Christmas, too…
As you may have seen, Patreon have just announced that they are changing their funding structure as of December 18, so that creators get a larger percentage of their pledges (about 17% currently goes to Patreon rather than the creator — this will change to 5%). BUT they’re adding a flat fee of thirty-five cents per pledge to each pledge, whatever the level (along with a 2% processing fee) *which will be paid by the patron on top*. (Full details here).
This means that if you pledge to someone at the $1 level, they will now get ninety-five cents, while you will be paying one dollar thirty-eight. On the other hand, if you pledge at the ten dollar level, they will get nine dollars fifty, and you’ll be paying ten dollars fifty-eight. This seems designed to incentivise making large payments to a few creators, rather than small payments to a lot of them.
Importantly, I do not know how this will affect my backers, and am trying to get clarification on this, because they talk about “per pledge”. If you’re pledging $1 per post to me, and I do ten posts in a month, does that count as one ten-dollar pledge or ten one-dollar pledges, because that’s a VERY different financial reality for you — that makes the difference between you paying $10.58 instead of $10 and you paying $13.80. I’m trying to get clarification from Patreon Support on Twitter on this, and will let you know if I hear anything.
I would *very much* appreciate the thoughts of my backers — and potential backers — on this. Would you rather I switch to a per-month charge rather than a per-post one? If so, how much would you be prepared to pay per month, and for what extras? (I’ve been thinking of changing my reward tiers and adding more anyway). Would you like to back my writing through an alternative crowdfunding platform instead? If so, which one?
This is a serious, serious, issue for me. The change is being made with almost no notice, and Patreon makes up the single largest source of income for me (I made $404.91 from it last month, after the various fees) although book sales are doing better than they were a year or so ago. I need to know what will work best for you, my readers and backers.
If you do back me, keep an eye on my feed for the next few days, until I get some clarity on what exactly they mean by charging “per pledge”. And let me know what would be best for you once we have that clarity.
I *will not* be upset at anyone who deletes their pledge, lowers their per-pledge amount, or adds a maximum cap on their pledged amount per month because of this. I’m poor myself, and know that people have a very limited entertainment budget. There is no guilt here.
But on the other hand, I *do* expect my income to take a hit from this, at least in the short term, so if you’ve been considering backing me but unsure about it, now would be a really good time to back my Patreon.
And if you’d like to just tip me through Paypal, I wouldn’t say no.
And if you happen to be able to commission me to write short stories, essays, reviews, or scripts for pro rates, I’d appreciate the commission…
Please let me know, in comments either here or on the mirror of this post on my Patreon account, what would be the best option for you in future given this change. And as always, thank you, everyone who has ever backed me or bought any of my books. You are the people who allow me to eat.