3 ms·

Since the graphs is Patreon's own blog post are so grossly misleading, I made my own: https://mneme.dedyn.io/shiny_users/ryan/patreon-fees/ https://mneme.dedyn.

Since the graphs is Patreon's own blog post are so grossly misleading, I made my own: https://mneme.dedyn.io/shiny_users/ryan/patreon-fees/ https://mneme.dedyn.io/shiny_users/ryan/patreon-fees/ Not surprisingly, the look nothing like Patreon's graphs. For any pledge of $4 or less (and probably a lot more than that), Patreon is now taking more of the pledge for themselves. Since this likely represents the vast majority of pledges, Patreon is effectively raising their prices without admitting that that's what they're doing.

cbcoutinho 9y ago
This is really clean, how did you do this?
- bllguo 9y ago
  Not the author, but this is a R Shiny application. If you mean the plots, they are made with ggplot, a package in R. https://shiny.rstudio.com/ https://shiny.rstudio.com/
  - rcthompson 9y ago
    Yes, that's right, Shiny for the web page and ggplot2 for the plots.
totallysafe 9y ago
probably because your `Patreon_Old_Max_Fee` and `Patreon_Old_Min_Fee` are wrong. The portion taken has never been as low as 2% on a $1 pledge. From their old FAQ: "Stripe charges 1.9% + $0.30 per transaction. PayPal charges 5% + $0.05 per transaction." So, under the old fee system, for a $1 pledge, the service fee was either $0.32 for Stripe or $0.10 for PayPal. On a $10 pledge, it was $0.50 for Stripe and $0.55 for Paypal.
- rcthompson 9y ago
  I just went based on the information given in their blog post, which said "an additional third party processing fee that ranged from 2% – 10%". Edit: I'm not exactly sure how to calculate the fees based on the info in their FAQ. Taking Stripe as the example, they say the fees are 1.9% + $0.30 per transaction. So if I pledge $10, I guess that means that Patreon charges me an amount $X such that X * 1.019 + 0.3 = 10? And if so, do they take their own 5% cut out of $10 or out of $X? Edit 2: I took my best stab at it and replaced the min/max with specific entries for Stripe and Paypal.
  - totallysafe 9y ago
    > I just went based on the information given in their blog post, which said "an additional third party processing fee that ranged from 2% – 10%". that's probably because the average pledge size is probably much closer to $10 than $1 > I'm not exactly sure how to calculate the fees based on the info in their FAQ... What you're guessing seems spot on. If you pledge $10 under the old system, then Patreon took a 5% cut of $10, and Stripe took 1.9%*$10 plus 30¢. So, the patron paid $10, Patreon got 50¢, Stripe got 49¢, and the creator got the remaining $9.01.
    - rcthompson 9y ago
      The average might be close to $10, but I'll bet the median pledge is much closer to $1.

cbcoutinho 9y ago

This is really clean, how did you do this?

bllguo 9y ago
Not the author, but this is a R Shiny application. If you mean the plots, they are made with ggplot, a package in R. https://shiny.rstudio.com/ https://shiny.rstudio.com/
- rcthompson 9y ago
  Yes, that's right, Shiny for the web page and ggplot2 for the plots.

totallysafe 9y ago

probably because your `Patreon_Old_Max_Fee` and `Patreon_Old_Min_Fee` are wrong. The portion taken has never been as low as 2% on a $1 pledge. From their old FAQ: "Stripe charges 1.9% + $0.30 per transaction. PayPal charges 5% + $0.05 per transaction." So, under the old fee system, for a $1 pledge, the service fee was either $0.32 for Stripe or $0.10 for PayPal. On a $10 pledge, it was $0.50 for Stripe and $0.55 for Paypal.

rcthompson 9y ago
I just went based on the information given in their blog post, which said "an additional third party processing fee that ranged from 2% – 10%". Edit: I'm not exactly sure how to calculate the fees based on the info in their FAQ. Taking Stripe as the example, they say the fees are 1.9% + $0.30 per transaction. So if I pledge $10, I guess that means that Patreon charges me an amount $X such that X * 1.019 + 0.3 = 10? And if so, do they take their own 5% cut out of $10 or out of $X? Edit 2: I took my best stab at it and replaced the min/max with specific entries for Stripe and Paypal.
- totallysafe 9y ago
  > I just went based on the information given in their blog post, which said "an additional third party processing fee that ranged from 2% – 10%". that's probably because the average pledge size is probably much closer to $10 than $1 > I'm not exactly sure how to calculate the fees based on the info in their FAQ... What you're guessing seems spot on. If you pledge $10 under the old system, then Patreon took a 5% cut of $10, and Stripe took 1.9%*$10 plus 30¢. So, the patron paid $10, Patreon got 50¢, Stripe got 49¢, and the creator got the remaining $9.01.
  - rcthompson 9y ago
    The average might be close to $10, but I'll bet the median pledge is much closer to $1.