“Give people the opportunity to pay a premium for your work — otherwise they never will.”
There’s so much gold in this post for anyone trying to monetize creative work through subscriptions, memberships, or donations.
Cherie Hu shares five lessons from her first year of running a Patreon page, but the core learnings are applicable whether you use Patreon or not.
They include to figure out if your value proposition is altruistic or utilitarian, be clear about your competition, and never underestimate how much people are willing to pay for your work.
Related: Want to make money from your expertise? Start here.