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simsa03 (simsa03@gnusocial.jp)'s status on Wednesday, 27-Sep-2023 08:32:39 JST

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simsa03 (simsa03@gnusocial.jp)'s status on Wednesday, 27-Sep-2023 08:32:39 JST simsa03

https://assemblag.es/@siderea@universeodon.com/111122855737660754

This is a highly informative long thread on Patreon, its functionality, its insights into how to treat audiences different from customers, its problems, its origin in the "long tail" discussions of 2004, its apparent cracking the problem of micropayments (i.e., making the payments-to-fee-ratio work) until... well, that is all in the thread.

To me already the winner of the "Thread of the Year"-Award.

#patreon #micropayments #longtail
In conversation Wednesday, 27-Sep-2023 08:32:39 JST from web permalink
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  Siderea, Sibylla Bostoniensis (@siderea@universeodon.com)
  
  from Siderea, Sibylla Bostoniensis
  
  It is incredibly frustrating that the only thing more stupid than Patreon is all the alleged Patreon substitutes that clearly don't even understand what Patreon does. Pro tip: Patreon has no meaningful competitors, and also it sucks, so there's a huge opportunity for somebody to kick sand in its face and take its lunch money. But to do that you would have to understand what actually Patreon does that is worth it to creators to allow Patreon to take 5% of their proceeds (and then pass on to them a second 5% in payment processing fees).

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