Patreon introduces subscription gifting and discounts
Subscriptions are the main way creators on Patreon make money, as they must build an audience willing to shell out a few dollars a month to access their writing, podcasts, or videos. The company announced today that creators and their fans can now give away gift memberships, which could be a powerful way for creators to grow their subscriber base.
Patreon said earlier this year it was working on a gifting subscription feature similar to what already existed on other subscription-powered platforms like Substack (which, incidentally, has been pushing deeper into the creator space beyond newsletters). Gifting is also a core part of Twitch’s streaming platform, where fans and streamers often give away subscriptions based on specific goals or as a part of events.
Patreon creators make money through subscriptions and paid exclusive content, though the platform also has a free content tier option for creators who want open access to their work.
Fans can gift memberships of whatever tier and duration they choose: for example, the cheapest subscription tier locked in at the one-year rate. For creators who want to give a new fan a freebie, they can set the complimentary membership to last anywhere from one month to a year. In addition to free trials, creators will also be able to send discounts and sales to fans and fine-tune who’s eligible — they could offer a half-off rate only to members on the free tier to encourage them to become paying members, for example.
Subscriptions are the main way creators on Patreon make money, as they must build an audience willing to shell out a few dollars a month to access their writing, podcasts, or videos. The company announced today that creators and their fans can now give away gift memberships, which could be…
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