How did you get that? They’re just consolidating their pricing tiers. There was an $8 one and a $12 one, now there is only $10. Smack bang in the middle.
They say they haven’t increased their prices in 6 years. That doesn’t mean their prices have stayed the same, oh no - that means that their prices have decreased over that time due to not keeping up with the massive inflation since then.
Percentage isn’t inflation proof. Them taking a percentage only means it increases with inflation if the thing they’re taking a percentage of does too.
Fairly certain what you describe is what they meant with inflation proof, compared to a fixed price.
In any case, I imagine most Patreon creators have over time adjusted their reward tiers, or gathered more Patreon supporters to keep up with how Inflation affects their costs, thus giving more to Patreon. Both the company and creators would benefit here.
Instead, increasing the (average) percentage just helps the company at the cost of creators. To make their pay keep up with inflation, they still need to either increase the number of supporters or the price of rewards, so the company benefits doubly. Edit: forgot, this change is currently only for new creators. Existing accounts do not need to adjust their pricing (yet)
There seem to be enough alternatives that only charge a 5% fee, so this might just lose Patreon money if enough Creators see this as a step too far.
We also want to minimize any impact to your business, which is why prices are not increasing for you or anyone with a published Patreon page that launches on or before August 4th.
If you publish a new Patreon creator page before or on August 4th, you’ll lock in the lower, 8% platform plan.
Basically this. So translating from corporate to human they see their business model is stagnating ?
How did you get that? They’re just consolidating their pricing tiers. There was an $8 one and a $12 one, now there is only $10. Smack bang in the middle.
They say they haven’t increased their prices in 6 years. That doesn’t mean their prices have stayed the same, oh no - that means that their prices have decreased over that time due to not keeping up with the massive inflation since then.
It’s not $10. It’s 10%.
Percentage is inflation proof. They did not decrease anything over time.
10%, $10, doesn’t matter.
Percentage isn’t inflation proof. Them taking a percentage only means it increases with inflation if the thing they’re taking a percentage of does too.
Fairly certain what you describe is what they meant with inflation proof, compared to a fixed price.
In any case, I imagine most Patreon creators have over time adjusted their reward tiers, or gathered more Patreon supporters to keep up with how Inflation affects their costs, thus giving more to Patreon. Both the company and creators would benefit here.
Instead, increasing the (average) percentage just helps the company at the cost of creators. To make their pay keep up with inflation, they still need to either increase the number of supporters or the price of rewards, so the company benefits doubly. Edit: forgot, this change is currently only for new creators. Existing accounts do not need to adjust their pricing (yet)
There seem to be enough alternatives that only charge a 5% fee, so this might just lose Patreon money if enough Creators see this as a step too far.
They wrote that in their message.