Hey @Patreon @PatreonSupport, I was just *fine* with paying the fees. This new fee structure is going to cost me my $1 and $5 patrons who make up the bulk of my support.
— Dr. NerdLove (@DrNerdLove) December 7, 2017
Because the fee is charged per pledge, it will affect those who give small amounts to many creators much more than it will those who pledge the same amount but to just one or two creators. For example someone pledging $10 to one creator would see their payment increase to $10.64. But someone paying $1 to 10 creators each would see their payment increase to $13.79. Many creators are, therefore, worried they’ll lose a lot of their $1 to $5 pledges.
Got a response from @patreon. It boils down to “you’re gonna lose patrons but whatever, it will probably be fine” 😑 http://pic.twitter.com/K4CbQGK8Iy
— Inceltic Frost (@jephjacques) December 7, 2017
Some patrons have already said that they will have to pledge to fewer creators or reduce their pledges across the board. Some are already doing so ahead of the December 18th change. And a few creators are even trying to retain their support base by reducing their pledge tier amounts.
So I did some math. If I want to charge my patrons the same amount as before the new @Patreon fee adjustment (pledge + 2.9% + $0.35), my tiers will be devalued thusly:
$5 original pledge UPDATED TO $4.50
$2 original pledge UPDATED TO $1.60
$1 original pledge UPDATED TO $0.63— Blue @ CALA 52A (@bluedelliquanti) December 7, 2017
For those who can’t access their Patreon just now, here’s the post I’ve just written about Patreon’s new fee policy, how it affects you if you’re a Patreon and how I’m adjusting my tiers so you don’t get screwed http://pic.twitter.com/SB9pAKQhJc
— Chris Scullion (@scully1888) December 7, 2017
We’ve reached out to Patreon for comment and we’ll update this post once we hear back.