if u think the monetization is bad wait until you hear about the profit cuts (from the verge article): "Tumblr will take a 5 percent fee from subscriptions, which is competitive compared to Substackâs 10 percent cut. If readers subscribe on iOS or Android, though, those platformsâ 30 percent app store fees will come out of what a creator gets to keep."
Patreon only takes 10-15% and they have an almost overwhelming cadre of tools for administration, tiered subs, and managing tax information. You can even use Patreon off Tumblr.
As a creator well aquatinted with the platform, I can't see any reason to use tumblrs monetization service.
I just want to be clear: A platform taking 40% of a sub is akin to highway robbery. Inexperienced creators might not know how bad a deal that is.
To put this into simple quick context and also share this more:
Imagine some lovely person gave you $100, and your bank said the processing fees would take away $40 of that
Like
Be careful, y'all, take note and direct your fans to places where most of their money will go to actually supporting you, and not lining the pockets of the middlemen.
Processing fees are one thing, they're bound to exist, the effort of shifting money around and the need to pay for servers and pay staff and all, it makes sense
But there's a point where that just becomes absurd.
