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Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

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Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

#51

Post by kkarakk »

Everyone arguing against this is forgetting that this is FACEBOOK, premier social network on the planet. sure it's unhip to actually use it for networking now but everyone and their mum is still maintaining a presence on it(no the vaunted snapchat only teens don't count, they have secret facebook accounts linked to none of their peers to participate with their selfsame anonymized peers in meme pages on facebook)

all they'd have to do for this to be successful is to make reach for partnered pages the same as it used to be before they limited it. there are pages with 1million followers who have a reach of 10-100k right now coz of the new rules.imagine if facebook said "partner and you get 1 million back".

Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

#54

Post by IanCal »

Deimorz wrote: post #11

I don't understand why people are acting like this is ridiculous and will obviously fail. 30% is the same cut that Apple and Google take for everything that goes through their app stores, including all in-app purchases. It's the same cut that Steam takes. It's the same cut that YouTube takes for channel membership. Twitch takes an even larger cut: 50% from subscriptions. It's extremely well-established that people ar…

To add to this, while the cut is 6 times larger, you only need a 40% larger audience to make up for the cost.

I could see that happening given that you'd have a huge base of people with accounts already and it's a platform for sharing content.

Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

#55

Post by duskwuff »

Deimorz wrote: post #11

I don't understand why people are acting like this is ridiculous and will obviously fail. 30% is the same cut that Apple and Google take for everything that goes through their app stores, including all in-app purchases. It's the same cut that Steam takes. It's the same cut that YouTube takes for channel membership. Twitch takes an even larger cut: 50% from subscriptions. It's extremely well-established that people ar…

Apple and Google provide significant added value in their app stores: distribution, discoverability, licensing, testing (at least in Apple's case)... etc.

Patreon is not that. At its heart, it's primarily a service for collecting donations. There is some content hosting, but that's kind of a secondary feature.

Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

#56

Post by tdeck »

sofaofthedamned wrote: post #53

Am I being paranoid that, by collecting CC numbers, Facebook will then use that to share data with retailers to collect the precise purchase history of a user?

You mean like this product Facebook already has? https://www.facebook.com/business/help/1278167592274041

I'd say not that paranoid.

Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

#57

Post by thiagocsf »

sofaofthedamned wrote: post #53

Am I being paranoid that, by collecting CC numbers, Facebook will then use that to share data with retailers to collect the precise purchase history of a user?

No, you’re not. I can’t give details but I was working on this 4 years ago in SF. Major shopping centre corporation.

Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

#58

Post by rootlocus »

SatvikBeri wrote: post #13

Patreon is selling a service, Facebook is selling access to an audience. Two seemingly similar but vastly different offerings. That's why Facebook can have a lot of crappier versions of other products that are still successful (e.g. Facebook events vs. Meetup.) I doubt they'll be able to get away with the terms as is, but it wouldn't surprise me if they manage to successfully charge significantly more than Patreon an…

> Facebook is selling access to an audience.

I remember their promo videos promising access to "millions of people" and "your imagination is the limit". Turns out it isn't feasible to spam all the people in your friends list with all your updates, so Facebook decides who sees which. Want more people to see your posts? Your wallet is the limit.

Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

#59

Post by koonsolo »

pravda wrote: post #47
koonsolo wrote: post #34

Earlier quoted context omitted.

The alternative is always to offer your content from your own website, and take 100%. The game developers who were around before Steam, know how much that costs (promotion wise), and know they get a lot for that 30% cut. The same is true for those other platforms. You seem to be a person that expects all internet platforms offer their stuff for free. And another thing: all of those platforms mentioned have competitor…

>You seem to be a person that expects all internet platforms offer their stuff for free. Oh gosh, no! I expect them to offer their stuff at the profit-maximizing percentage. That's the whole point of having a monopoly, so you can charge monopoly rents. Now I am curious about this "Steam" thing. Looks like there is an about page: https://store.steampowered.com/about/

Please tell me which one of those things you named are a monopoly, and I will name the closest competitor.

I'm thinking about Craigslist, Snapchat, Vimeo, Mixer, etc. Don't confuse market leader with monopoly.

Before Steam, you had several casual portals (all competing with each other). Do you know which cut they took? 70%.

Do you know why platforms nowadays take 30%? Because it's well worth the 30%, that's why. And if you think a platform can live off a 3% cut, please show me the successful on that does that.

Re: Facebook wants up to 30% of fan subscriptions vs Patreon’s 5%

#60

Post by lobster45 »

pravda wrote: post #17
Deimorz wrote: post #11

I don't understand why people are acting like this is ridiculous and will obviously fail. 30% is the same cut that Apple and Google take for everything that goes through their app stores, including all in-app purchases. It's the same cut that Steam takes. It's the same cut that YouTube takes for channel membership. Twitch takes an even larger cut: 50% from subscriptions. It's extremely well-established that people ar…

Yes, but Apple and Google have monopolies. Not a "gamer", so I don't really know what "Steam" is/does, but I suspect they must have some kind of moat. I'm not sure that people are comfortable with Patreon taking a 10% cut. I'm not happy about eBay taking a 10% cut, but they have a monopoly. Jack Ma, please bring Taobao to USA!

Steam is a platform for video games and is by far the leader in this market. They do have some competition, and their take is 30%
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