Monica
💫 Summary
This video compares Substack and Patreon, outlining their main differences and features for content creators looking to monetize their work through monthly memberships. Substack is focused on single monthly subscriptions for writers and podcasters, while Patreon offers recurring memberships with multiple tiers for any type of content creator. The video discusses the pricing models, features, analytics, and support provided by both platforms to help viewers choose the one that suits their needs.
✨ Highlights📊 Transcript
Substack focuses on a single monthly subscription plan while Patreon offers multiple membership tiers with different pricing plans.
00:00
Substack takes a 10% cut of any income while Patreon takes between 5% and 12% depending on the pricing plan.
Patreon is suitable for any type of content creator while Substack is better for writers and podcasters.
It's important to consider the features offered to the audience and the creator, as well as pricing, when choosing between the two platforms.
Substack is a platform that is more suitable for content creators focused on writing and podcasting, offering great publishing and discovery features that Patreon does not have.
02:51
Substack is perfect for monetizing recurring newsletters or podcasts.
Substack allows content creators to have ownership over their data and content, and offers email list building tools.
Unlike Patreon, Substack does not offer different membership tiers.
Substack is a tool for monetizing an existing audience, complementing a social media strategy, public blog, podcast, or YouTube channel.
Substack offers Twitter integration, simple pricing model, quick payouts, and detailed analytics, making it a strong choice for creators.
05:42
Substack integrates with Twitter to show followers with Substack profiles
They take 10% of creator income and have a simple pricing model
Payouts usually arrive within 48 hours and provide detailed analytics for posts and subscribers
The platform offers helpful analytics for email lists and websites
The video section discusses how Substack and Patreon may not provide transparent information about their revenue models.
08:34
Substack does not mention that WordPress takes zero percent revenue from blogs.
Substack's comparison between their business model and an ad model is misleading, as the numbers used are vastly different.
The average earnings per thousand visitors for ads is around $15, not the $1,000 mentioned by Substack.
Patreon is a better option for those who want to push recurring memberships with multiple tiers, as it offers broadly useful features for all content creators, while allowing patrons to choose between different membership tiers with different prices and benefits.
11:26
Patreon has a bigger focus on recurring memberships with multiple tiers.
Patreon offers broadly useful features for all content creators, not just writers and podcasters.
Patrons can choose between different membership tiers with different prices and benefits.
Patreon allows creators to fulfill merch to their membership tiers.
Patreon takes longer to get paid compared to Substack, offers less robust analytics, but is established and legit, while its support is mediocre.
14:17
Getting paid with Patreon is more of a hassle compared to Substack, with monthly payouts and a recovery period for declined payments.
Patreon provides some analytics but not as robust as Substack.
Patreon is established and legit, but its support is mediocre and frustrating compared to Substack.
For more information on getting supporters and building a content plan, the article provides additional details.
00:00hello my friend in this video i'm going
00:01to be comparing sub stack to patreon so
00:04if you want to learn how you can
00:05monetize your content by offering some
00:07kind of monthly membership this is the
00:09video for you and we'll figure out
00:10exactly which platform you should choose
00:13so the main difference between sub stack
00:15and patreon is that sub sac focuses on
00:18letting writers and podcasters offer a
00:21single monthly subscription and patreon
00:23focuses on letting any type of content
00:25creator offer recurring memberships that
00:28have multiple different tiers subsec has
00:32one single plan that takes a 10 cut of
00:34any income you get while patreon has
00:36three different pricing plans that take
00:39between 5 and 12
00:41of how much you make on patreon
00:43depending on which plan you are on so if
00:45you want to learn a little bit more
00:46about this we'll dive into the details
00:47of each obviously you can use substack
00:49for anything but there's kind of a
00:50little bit of a focus of what it is a
00:53little bit better for and then although
00:55patreon does have
00:57a bit more options in terms of specific
00:59membership tiers when you actually look
01:01at it it may not be the best thing for
01:03you so we're actually going to look at
01:04it so with that said before diving in a
01:06little bit deeper i wanted to show you
01:08that i've also created an article on
01:09this topic as you can see
01:11right here so if you'd prefer to follow
01:13along or if you would rather just read
01:14instead of hearing my voice you can
01:16google patreon versus sub stack best
01:18friends club and you'll get access to
01:20this article for free so that said let's
01:22jump into the main differences between
01:24sub sac and patreon so when choosing
01:26between sub sac and patreon it's
01:28important that you at least look at what
01:30features they allow you to offer your
01:32audience what features they offer you
01:34and how their pricing works to help find
01:36the main differences and basically
01:38choose the right uh platform here so the
01:41main difference between substance and
01:42patreon again is that sub stack focuses
01:44on letting writers and podcasters offer
01:46a single monthly subscription
01:49and like mentioned patreon focuses on
01:50letting any type of content creator
01:52offer recurring memberships that have
01:54multiple different tiers so although you
01:57may see that or hear that and think that
01:59patreon is immediate letter immediately
02:01better since they offer more and can be
02:04used by any type of content creator that
02:06may not be the case so patreon's heavier
02:08focus on pushing recurring memberships
02:10means that you might be likely to
02:12generate a more regular income but you
02:14will be committed to creating bonus
02:16content in addition to regular content
02:18on a very consistent basis for all of
02:21your individual membership tiers in
02:23order for it to actually be effective
02:24and for your patrons to actually stick
02:25around although patreon can be a highly
02:28effective tool for content creators that
02:30are focusing on anything which includes
02:32uh writing and podcasting uh patreon's
02:35focus on serious recruiting memberships
02:36may not be for you it's quite a big
02:38commitment and you're gonna have to
02:39offer quite a few different things and
02:41that might not be what you wanna do you
02:43might wanna have a simple uh single
02:45subscription for like a monthly
02:47newsletter or monthly weekly podcast
02:49whatever it is in that case substance
02:51might be better so subsequent also has
02:53some really great publishing and
02:54discovery features that patreon does not
02:57and if you're a content creator that
02:58focuses on writing and podcasting in
03:00particular because that's kind of
03:01substance forte then you may find that
03:03subsequent appeals to you a lot more and
03:05before we go into substance a little bit
03:07more you'll also find that although they
03:09do have kind of a more of a focus on
03:10podcasting and writing you can be any
03:13kind of content creator and use sub
03:15stack for sure so that's not like a
03:17limitation you have to be a writer or a
03:19podcaster so why would you choose sub
03:21stack over patreon so sub stack really
03:24is perfect for anyone who wants to
03:25monetize a recurring newsletter or
03:28podcast although they do have
03:30but with that said they do have some
03:31great publishing and content management
03:33features built in that can benefit
03:35podcasters comic book creators
03:36journalists bloggers honestly really any
03:39type of content creator so one thing
03:40that i personally really like about sub
03:42stack is that they're they are an email
03:45list building tool in addition to a
03:46membership platform with a big emphasis
03:49on letting their content creators have
03:50ownership over their data and content
03:52they even provide the ability to
03:54automatically import lists and posts
03:56from wordpress medium mailchimp tumblr
03:58and a bunch of other things and unlike
04:00patreon sub stack does not allow you to
04:03offer different membership tiers so this
04:05would not be the platform for you if you
04:07want to create multiple tiered offers
04:09however just like patreon substack is
04:11really a tool for monetizing an audience
04:13that you already have so it makes sense
04:15for subsect to complement a recurring
04:18social media strategy public blog public
04:21podcast or something like a youtube
04:22channel so what does substance allow you
04:25to offer your audience subsec has an
04:26impressive amount of features and
04:28different ways that you can offer up
04:30content to your audience ultimately when
04:32starting a substack what you get is an
04:33email list or the ability to create an
04:35email list and a website that is hosted
04:37on substack with the subsac editor you
04:40are able to create a public or private
04:42post private post would be kind of a
04:44paywall post
04:46then
04:47and in that editor you have the ability
04:48to uh record audio notes right from the
04:51editor or add in music or spoken content
04:54one really cool thing is that substance
04:55even offers podcast distribution so you
04:58could upload a podcast to subtac and
05:00this can then get sent down to apple
05:02podcast spotify stitcher and pocketcast
05:04which is pretty freaking cool and on top
05:06of this substack gives you a support
05:08help desk for your subscribers which is
05:10also a pretty handy feature in terms of
05:12discovery features uh subtech really has
05:14patreon beat here so unlike patreon
05:16subsec has several discovery features
05:18built into their platform that can help
05:20new supporters and fans find you on sub
05:22stack so we'll go over some of these uh
05:25their homepage showcases a bunch of
05:26featured creators and they have a
05:28monthly writer and residence showcase
05:30that appears here as well they also have
05:32a dedicated discover and featured pages
05:35these are two separate pages that
05:36showcase different creators and have
05:38different categories that potential
05:39supporters can search through in
05:41addition to this they have a really neat
05:42twitter integration that will show you
05:45what people you are already following on
05:46twitter that also have a stub stack
05:48profile so you kind of set up that
05:49integration you'll see instantly who
05:51you're already following that has a
05:52substance profile which is neat and they
05:54also have a weekly newsletter that can
05:56feature creators that's called on sub
05:58stack so in short substack kind of kills
06:00patreon when it comes to discovery
06:02features still not like
06:04gonna end the world and how amazing the
06:06these discovery features are i think
06:08you're gonna definitely wanna have your
06:09own audience and then monetize them with
06:11sub stack as opposed to try to start off
06:13on substack and find it everything from
06:15there
06:16in terms of pricing subsac has a very
06:18simple pricing model where they take 10
06:20of any income that creators may make on
06:22sub stack and their payment provider
06:24which is stripe will take an additional
06:262.9
06:27plus a 30 cent transaction fee per
06:29subscriber that's kind of standard stuff
06:31there particularly with the credit card
06:32payment providers all of these platforms
06:34are going to have some kind of payment
06:35provider fee and any banking fees and
06:37that kind of stuff right there the main
06:38thing you're looking at there is the 10
06:40that they will be taking this pricing
06:42model is much simpler than patreon's
06:43multi-tiered pricing model however
06:46subset can take a larger cut depending
06:47on which uh patreon pricing tier you are
06:49comparing to uh in terms of getting paid
06:52stubs payouts usually arrive within 48
06:54hours of each transaction that you
06:56receive on substack and it's generally
06:57much quicker and honestly a little bit
06:59better than having to wait like you do
07:01with patreon
07:02in terms of analytics subtac provides
07:04some pretty detailed analytics for your
07:06posts subscribers and general stats
07:08because substance provides you with an
07:09email list and website they make sure to
07:11give you helpful analytics for both of
07:12these things um which is really great to
07:15see after reviewing all the analytics
07:16that they provide on a blog post uh i'll
07:18link to it right here in the article as
07:20you can see um i found myself honestly
07:23thoroughly impressed with what they
07:24provide and i think anyone that uses
07:25substack will absolutely love the
07:27analytics and the attention to detail in
07:29the analytics that you're able to get
07:30there in terms of kind of safeness and
07:32legitness sub stack is definitely safe
07:34for anyone that wants to sign up as a
07:36creator or wants to sign up to support
07:38creators and substitute has been around
07:40since 2017 which is a good amount of
07:42time now and has been
07:44definitely proven to be kind of a safe
07:45and legit platform in terms of support
07:48subsac has some pretty solid support in
07:50the form of a help center resource
07:51center and the ability to submit a
07:53ticket via an online form in addition to
07:55having a few publicly available email
07:57addresses which is quite nice one really
08:00small thing it's a very very small thing
08:02i want to emphasize small but it's a
08:03potential negative thing that i did
08:05notice when it comes to substance
08:06marketing
08:08uh so ultimately i don't think this
08:09really impacts how amazing subsac can be
08:12for creators it's just a little nitpick
08:14that i noticed that i couldn't help but
08:16want to show you about this so first
08:18although it can technically be true that
08:19the cut of revenue that blogs can take
08:21from craters can vary the real truth is
08:24that the overwhelming and vast majority
08:25of blogging platforms take a zero
08:27percent cut so on one of their pages
08:29here they have this chart and they're
08:31comparing how substance compares to
08:32other options and they say that
08:34substance takes 10 of revenue and blogs
08:37it'll vary
08:39substant honestly
08:41they must know that most blogs are
08:43hosted on wordpress and wordpress takes
08:45zero percent i think actually even like
08:4740 of the web is like a wordpress blog
08:50so it's it's significant um
08:53and the truth here is that they did not
08:54want to mention zero percent in their
08:56chart because they felt that the more
08:57honest answer of saying zero percent
08:59would make their platform look less
09:00appealing i don't think they had to do
09:02that i think it's
09:04better to be honest than to do something
09:05like this and it's just a small little
09:07gripe that i have there was also one
09:10other area so another area where their
09:11marketing team decided to be a bit
09:12deceitful is where they mentioned that
09:14their business model is superior to an
09:17ad model
09:18which is an alternative because it would
09:20take 40 000 page views per day to make 1
09:23000 a month in ads so here is like a
09:26little snippet of the website where they
09:28say this they're saying 40 000 page
09:29views per day
09:30it gets you a thousand dollars in ads
09:33which is wrong and i'll show you how in
09:35a second
09:36and they're saying with the subset model
09:38a steady base of 1000 subscribers paying
09:40five dollars each can get you 60 000 a
09:42year so they're using very wildly
09:44different like 1 000 a month and then 60
09:46000 a year to kind of make their
09:47comparison that's a little bit weird
09:50and i want to break down why that ad
09:52model is just it's really really off
09:56so in reality the average earnings per
09:58thousand visitors which is epmb which is
10:00how you calculate ad earnings generally
10:02it's about fifteen dollars uh per
10:05thousand visitors if all of those
10:06visitors are from the us okay so fifteen
10:08dollars uh per thousand visitors so
10:11forty thousand page views per day which
10:13multiplied by thirty would equal to one
10:16point two million page views per month
10:19if 100 of that traffic came from the us
10:21you could expect to make 18 000 per
10:24month in ads not 1 000. so considering
10:28the fact that epmv can range wildly
10:31between something like around two bucks
10:32per thousand visitors to all the way up
10:34to sixty dollars per thousand visitors
10:38even assuming the absolute worst case
10:39scenario of a two dollar epm fee you'd
10:41be seeing about two thousand four
10:43hundred dollars per month which is more
10:45than double the amount that they state
10:47and two dollars epmp is quite quite low
10:50i am currently i have ads on my website
10:53i'm not making 40 000 page views per day
10:55i'm making more like 70 to 80 000 page
10:58views per month my epmb is around 12
11:01and so
11:02just from like a fraction of what
11:04they're saying my ad revenue is around
11:06like 700 on my uh on my website so they
11:09are it's very off what they're doing
11:11they're clearly trying to you know make
11:13it seem like like sub stack's amazing
11:14and don't do ads at all i wanted to
11:16highlight this just to show you that
11:17they when you're on their website they
11:19may be
11:20have a tendency to put some deceitful
11:22stuff in there just be aware of that and
11:24that i wouldn't take them at their word
11:26on everything um perfect example of this
11:28one here is it would make a lot of sense
11:30to have a public vlog in addition to a
11:32private sub stack you might want to do
11:34both instead of taking their word for it
11:36and just ditching everything and doing
11:37subsequent just something to be aware of
11:39couldn't help myself had to kind of call
11:41out that uh bit of thing but regardless
11:43of that i do think substance is a really
11:45great platform and you would you would
11:47definitely get a chance choosing it just
11:49wanted to call that out now on the flip
11:51side
11:52why would you choose patreon over sub
11:54stack so when compared to substack
11:55patreon has a much bigger focus on
11:57recurring memberships but recurring
11:59memberships that have multiple different
12:00tiers because there is more of a focus
12:02on committing to different types of
12:04content for different tier levels
12:06patreon can be seen as a lot less laid
12:08back but potentially more lucrative
12:10option when compared to sub stack in
12:11addition to this patreon's features are
12:13broadly useful for content creators that
12:15are creating any kind of content not
12:16just writing and podcasting so if you
12:18want to seriously push a recurring
12:20membership that has multiple tiers to
12:21your audience then patreon is likely to
12:23be the better option for you when
12:24compared to sub stack knowing that you
12:26will be committing a lot more content
12:28for sure so what does patreon allow to
12:30offer to your audience compared to
12:31substance although it is possible to
12:33accept one-time donations with patreon
12:34something that you actually can't do
12:35with substack the real focus here is
12:38getting patrons to choose between one of
12:39the different membership tiers you've
12:41created that have different prices and
12:42benefits or perks and um subscribe to
12:45that on a monthly or annual basis in
12:47addition to this patron allows you to
12:48fulfill merch to your membership tiers
12:50and either get paid monthly or per
12:52creation
12:53and although both patreon and subset
12:55have the ability to create members only
12:56or public posts uh patreon has many more
12:59post types to choose from which include
13:01text photo audio video live stream polls
13:03and more i'm sure this is something that
13:05stuff that can be added to in the future
13:07but patreon is a little bit more set up
13:08for like you can do whatever the heck
13:10you want with in terms of those posts
13:11there in terms of discovery features uh
13:13unlike sub stack patreon does not really
13:15have any discovery features that will
13:17help potential supporters find your
13:18patreon page at all patreon is a
13:20membership platform and is in no way a
13:22discovery platform which means you will
13:24need to do all of the work bringing
13:25people to your patreon page and
13:27convincing them to sign up if you want
13:29to learn a little bit more about this i
13:30made a video about called how to get
13:32patreon supporters which you can dig
13:34into this will actually be useful
13:35regardless of if you're using patreon or
13:37sub stack but i think it's a useful
13:38video for you for sure in terms of
13:40pricing when compared to sub stack
13:42patrons pricing is much more complex but
13:44can take away less from you as a creator
13:47so patreon has three different pricing
13:49plans available
13:50two creators that all have no monthly
13:52upfront fees or signup costs just like
13:54with sub stack uh and how it works is
13:56patreon will take between five and
13:58twelve percent of the monthly income you
13:59earn on patreon in addition to any
14:01standard payment processing fees like
14:02stripe and all that banking fees and all
14:04that kind of stuff the main one that
14:06you'll want to do is the patreon i think
14:08pro plan and it takes eight percent
14:10which is still less than sub stack if
14:12you do the one that's only five percent
14:14you actually can't have the multiple
14:15tiers so if you want to have multiple
14:17tiers you're going to want to do the 8
14:18cut fee and again it is less but
14:21regardless there it is right there and
14:22if you want to learn a little bit more
14:23about patreon's pricing and all that
14:25kind of stuff i will also link to a
14:26video above right here so in terms of
14:28how long it takes to get paid out with
14:30patreon it's much more of a hassle
14:32getting paid with patreon when compared
14:33to sub stack it's a small little new
14:36nuance but i want to mention it after
14:38choosing a patreon plan getting your
14:39first patrons to join
14:41and then having their payments processed
14:43you will be able to receive your payout
14:44minus the creator and payment processing
14:46fees on a monthly basis although patreon
14:49process payments on the first of each
14:50month they recommend that all creators
14:52wait until the fifth to allow patreon
14:53some time to recover any decline
14:54payments first so it's just a little bit
14:56faster with substack in terms of
14:58analytics they do provide some analytics
14:59as well google analytics i think it's
15:01not as robust as what sub stack off
15:03offers and then in terms of safety and
15:05legitness patreon is definitely very
15:07legit to use they've been around since
15:082013 and they've definitely established
15:10themselves to be solid in terms of
15:12patreon support it's kind of mediocre
15:14it's a bit more frustrating when
15:15compared to sub stack um they don't have
15:17any public emails it's just like a
15:19contact form and like a detailed contact
15:21form you gotta get really in there and
15:23fill out a bunch of things to get to
15:24like the finally putting in a message to
15:26them kind of thing but that said that's
15:27kind of an overview if you want to check
15:29out the article here i have some more
15:30information on how to get supporters and
15:32an audience that supports your art as
15:34well as how to build a content plan for
15:36your membership whether it's with
15:37subspec or patreon
15:38it keeps supporters coming back for more
15:40and more and then a bunch of different
15:41other tools you can use particularly
15:43your if you're marketing music instead
15:45of like writing them posts or blogs or
15:47anything like that but with that said uh
15:49that's kind of an overview of the two i
15:50think they're both honestly quite
15:52awesome and quite useful the biggest
15:54difference is the kind of multiple
15:55tiered membership plan kind of thing um
15:58it's more serious and will take a lot
16:00more commitment but you do have that
16:03option of multiple tiers with patreon
16:05where substack can be useful for any
16:07type of content creator with a little
16:09bit more of like a
16:11focus on like the feature sets a bit
16:12more focused on uh writers and uh
16:15podcasters they really came out first as
16:18a way to create a monetizable page
16:21newsletter that's kind of how substance
16:22started then they kind of moved into
16:24offering some really cool features for
16:26podcasters and then it's obviously one
16:27of those things where regardless of what
16:29kind of content creator you are you can
16:30figure out how to use it in a really
16:32cool way so they're both good options
16:34but that's kind of the main difference
16:36with that said hopefully you did find
16:38this video useful if you did like and
16:39subscribe and all that good stuff
16:40otherwise good luck picking uh the
16:42membership platform of your choice
16:43you're gonna be in good hands regardless
16:45of which one you pick just wanted to
16:46make this comparison for you and
16:47hopefully you have a good time picking
16:48one so other than that i'll see you in
16:50the next video my friend have a good one
16:53[Music]
17:02[Music]
17:07you
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FAQs about This YouTube Video

1. What are the main differences between Substack and Patreon for content creators?

Substack is focused on single monthly subscriptions for writers and podcasters, while Patreon offers recurring memberships with multiple tiers for any type of content creator. The key difference lies in the subscription model and the target audience.

2. How do the pricing models of Substack and Patreon differ?

Substack focuses on single monthly subscriptions, while Patreon offers recurring memberships with multiple tiers, allowing content creators to provide various membership options to their supporters. This difference in pricing models gives creators more flexibility in monetizing their work.

3. What features are provided by Substack and Patreon for content creators?

Substack and Patreon both provide features such as analytics, support, and tools for content creators to manage their memberships and engage with their audience. However, Substack is more geared towards writers and podcasters, while Patreon caters to a wider range of content creators.

4. How can content creators benefit from using Substack or Patreon?

Content creators can benefit from using Substack or Patreon by monetizing their work through monthly memberships, gaining access to analytical insights, and leveraging the support and tools provided by these platforms to cultivate a loyal audience and manage their memberships effectively.

5. Which platform, Substack or Patreon, is more suitable for content creators looking to monetize their work through monthly memberships?

The choice between Substack and Patreon depends on the specific needs and goals of content creators. Substack may be more suitable for writers and podcasters with its focus on single monthly subscriptions, while Patreon offers more flexibility with recurring memberships and multiple tiers, making it suitable for a wider range of content creators.

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The video tells the story of Agastya Muni, a renowned sage in Hinduism, who played a crucial role in shaping early Vedic traditions and spiritual knowledge. Agastya's life was filled with incidents such as curses, marriage, austerities, and his contribution to various fields including language, medicine, and spirituality.

This tutorial explores how to use Kyber.ai to turn simple text prompts into AI-generated videos, transform the style of existing videos, and create reactive music videos. Kyber offers different plans and a free trial, providing various features such as adjustable video duration, camera movement, and video transformation. The generated videos can be of high quality and visually appealing.

The video discusses the top 10 gold farming methods in Wrath of the Lich King Classic in 2023, including hyperspawn humanoid farms, prospecting and saronite shuffling, Maraudon Mithril farming, herbalism and mining in Northrend and Outland, Mana Tombs and The Botanica farming, Dire Maul farming, golden pearl farming, and vanilla dungeons. These methods offer varying levels of profitability and require different classes or professions for maximum efficiency.

SlidesGo is a free online service that uses artificial intelligence to create complete presentations from scratch, allowing users to select templates, customize elements, and generate slides based on a chosen topic. Users can edit and enhance their presentations by adding images, text, and graphics, as well as remove backgrounds and upload their own elements. Once finished, presentations can be shared through direct links, email, social media, or downloaded in different formats.

The video explores the legend of the Vatican's alleged time travel device, the Chronovisor, which was said to capture past events. Despite intriguing claims made by Father Pellegrino Ernetti, there is no scientific evidence to support the existence of the Chronovisor and many experts dismiss it as a hoax or fantasy. The concept of viewing historical events in real time continues to capture the imagination but remains unproven.