Buy Me A Coffee vs Patreon – Are you wondering what is the best platform? Wondering whether Buy me a coffee or Patreon offers the best features? Don’t worry, you’re at the right place! In this article we’ll show you Buy Me A Coffee and Patreon comparison that will help you to select the best option.
Increasing and monetizing your fans is a full-time business. Both Buy Me a Coffee and Patreon lets you to monetize your content as a creator, but not in the old-style method of depending on revenue shares from YouTube, Google or any other platform you use.
If you are a blogger, content creator, artist or a streamer, you can use any of these platforms to create money directly from your audience. Read on further to know about Buy Me A Coffee vs Patreon comparison.
Buy Me A Coffee vs Patreon: What Are They?
Buy Me a Coffee
Buy Me a Coffee is one of the best ways for artists and creators to accept support and membership from their fans. Rather than directly asking your fans to donate or become your supporter, you can just ask them to buy you a coffee. It is mainly developed to help creators and fans at Buy me a coffee manage and stay updated on the recent activities on their accounts.
It offers a way for creators to monetize their talents, without the difficulties of tech getting in the way. It’s for video creators, musicians, artists, nonprofits, writers, podcasters and developers. People don’t need to be followers of subscribers to show gratitude of your work as you can be paid by anyone.
Signing up is quite easy. All you have to do is to select how you wish to create your account and you can join Buy Me a Coffee by using your Facebook, Google or Twitter account. Then, choose your URL and select how you’d wish to be paid and link your platform of choice.
- Create monthly and annual membership
- Permits creatives to provide supporters more value
- It is completely free
- You’ll require channel followers from other services to get paid on this platform
Patreon is an American membership service that offers business tools for content creators to run a subscription service. It assists artists and creators earn a monthly income by offering rewards and other perks to their subscribers. In addition to payment processing fees, it charges a commission of 5 to 12 percent of creator’s monthly revenue.
Furthermore, its users are grouped by content type like podcast, comics, education, videos or films, comedy and games. These creators create a page on Patreon website, where they have the ability to choose to pay a fixed amount on a monthly basis. Creator can also configure their page so that users pay every time that artist releases a new piece of art.
A creator can display a goal that the ongoing income will go towards, and can set a maximum limit of how much they receive per month. Patrons also have the ability to cancel their payment anytime. Creators usually offers membership profits for their fans, based on the amount that every fan pays.
- Several workshops and information which assist you to increase your personal brand.
- Integrated merchandise
- Some fees are unwarranted
- Several different fees, which is quite hard to track
Buy Me a Coffee vs Patreon: Features
Buy Me a Coffee
- It lets you upload and share images from the post section of your page.
- Create & customize your Buy Me a Coffee account, as well as sent & receive direct messaged from your fans or creators.
- Get real-time notifications for one-time memberships, donations and extra purchases.
- Supports have the ability to easily consume content shared by their favorite creator.
- You can get paid by accepting credit cards, Apple Pay, PayPal, Google Pay as well as other payment methods.
- BMC lets you to make a custom button to set in, so fans can simply and easily make donations.
- Patreon members can communicate with their followers through feed on their page.
- Creators can post images, polls, text and videos to their page, and have the ability to use it as a direct line to their supporters.
- It has seamless integration with the famous group chatting app “Discord.”
- Supports can have access to an exclusive Discord channel or server where you can chat with the creators or patrons.
- It lets creators to be funded directly by their greatest supporter and maintain a monthly income.
Buy Me a Coffee vs Patreon: How Do They Work?
Buy Me a Coffee
Buy Me a Coffee provides your fans and audiences the choice to leave a tip for you if they liked and enjoyed the type of content which you create. When someone clicks on the tip button and makes a payment, it is quickly processed into your Stripe or PayPal account based on your needs and preferences.
You can be able to set up monthly subscription plans and prizes. You will also get a profile page where you can add few basics to define what you do and who you are. You’ll also have the ability to add social buttons which you can share when they want to.
Your profile page usually contains link to your website, name, any plan you have for the money, screenshots of your work, as well as other sections which may attract your visitors. The only downside is that it is restricted and you can be permitted to enter a restricted amount of text and images.
Creators can set up pages for subscription payments from fans by providing some incentives or bonuses, and contributors can initiate certain amounts of money depending on those tiers and incentives. Creators can also select to set up their pages for per project payments instead of monthly payments.
This option is usually used by creators who make less than 4 works per month. It also lets creators to get paid whenever they make content by preventing the pressure which comes with keeping a monthly schedule.
Furthermore, Patreon lets content creators to personalize their page by permitting them to modify the way they involve with their supporters and patrons. Some creators may have just a few tiers which are comparatively cheap, whereas others might have a number of tiers ranging from $5 per month to $10,000 per month.
Buy Me a Coffee vs Patreon: Comparison
|Features||Patreon||Buy Me a Coffee|
|Fan experience||Patreon account is required||One-tap payment and no account is required|
|Payout||Up to 30 days||Instantly|
|Fees||5-12% of earnings and around $300 for premium||5% for all features|
|Membership||Only monthly||Monthly and yearly|
|Accepted payment methods||Credit card and PayPal||Credit card, Apple Pay, PayPal, Google Pay|
|Analytics||Only for pro plan||Yes|
|Public posts and Exclusives||Yes||Yes|
Buy Me a Coffee vs Patreon: Fees
There are no monthly fees for Buy Me a Coffee. However, the platform charges a 5% transaction fee and standard Stripe and PayPal payment processing fees. On the other hand, Patreon is also completely free to get started and they take 5% fee once you start earning.
Recently, Patreon have launched three different pricing tiers: Premium, Pro and Lite that have flat 12%, 8% and 5% fees respectively. The processing payment rates will apply to all tires.
So, we hope the above article on Buy Me a Coffee vs Patreon comparison has helped you to select the best option according to your needs and preferences.
What is the difference between Buy Me a Coffee and Patreon?
Both Buy Me a Coffee and Patreon lets you to monetize your content as a creator, but not in the old-style method of depending on revenue shares from YouTube, Google or any other platform you use.
Is Patreon free to join?
Yes, it is completely free to get started and they take 5% fee once you start earning.
What is Buy Me a Coffee?
Buy Me a Coffee is one of the best ways for artists and creators to accept support and membership from their fans.