How to Make Money with Patreon: A Guide for Indie Authors

Are you a self-published author with no publisher behind you and struggling with how to make money? Have you been watching the recent success of Patreon and wondering if it is a good option for your writing career? Patreon is a platform that allows people to pledge small amounts of money regularly in return for some form of reward. Those rewards can be anything from exclusive content to one-of-a-kind experiences or just the knowledge that you’re making someone’s dream come true. Patreon is an excellent way for indie authors to monetize their work and gain more followers on social media. We have put together this guide with all the information you need about how Patreon works so that your first experience with it will be successful!

What is Patreon?

Patreon is a crowdfunding platform created in 2013 by Jack Conte and Sam Yam. The idea behind Patreon is that content creators (artists, musicians, writers, etc.) can regularly receive small pledges from their fans in return for exclusive rewards. This could be anything from early access to new content or products to unique experiences or opportunities only available to Patreon supporters.

How Does Patreon Work?

Creators sign up for a Patreon account and set up a page for their project. They then create rewards for different pledge levels (for example, $0.50/month gives access to a monthly update, $25/month gets you an e-book every month, etc.). Fans then pledge money to their chosen creators and receive the corresponding rewards. Patreon takes a five to twelve percent cut of all pledges.

Why is Patreon Beneficial to Indie Authors?

There are a few reasons why Patreon is an excellent option for indie authors. Firstly, it’s a way to make money from your work without going through a publisher. This gives you more control over your writing career and allows you to keep the majority of the profits. Secondly, Patreon helps you build a fanbase by giving supporters exclusive access to your content. This can help grow your social media following and give you more exposure as an author. Finally, Patreon is a great way to connect with your fans and create a community around your work.

What’s Your Take on Patreon? Have you tried Patreon, or do you want to give it a try? Let us know in the comments below!