SUBSTACK VS PATREON. WHO'S THE WINNER?
#Thoughtprovoking Today’s world has been flooded with different content monetization apps. These apps help you to create content and represent it in front of the whole world. When a person is looking for a piece of content, he or she will go to these apps and look for the best content that matches his or her needs. As a creator, you can interact with your audience, get to know them better, and provide them with more valuable content. The whole process can be monetized and turned into an online business. This is where Patreon and Sustack come into the picture. But who is the best between both of them?
1. Substack
Content is the currency of the web. As the amount of content on the web grows, it becomes increasingly hard to find great content from authors who can provide consistently high-quality writing. Substack is a modern-day platform that gives you a chance to create an exclusive subscription base that reads and subscribes to your work. You can subscribe to different ideas, content, or writers’ work. You can also purchase the works available in Substack by using Substack tokens (STAK) which is its internal currency. Substack is ready to open doors for various talented writers and content creators after completing the beta version for its users. A new way of creating and distributing podcasts has emerged recently to help build a strong community around the podcasting world. Substack now has a platform that helps you build your podcast with tools such as audio editor, support team and storage, payment methods, and publishing features. This tool is made especially for writers and editors. I always wanted a tool that can create a newsletter either on the web or send it by email and also view stats like how many users have seen it, etc. This is why I started this project to make life easier for writers and editors.
2. Patreon
Since its launch in 2013, Patreon has been providing a platform for content creators to get paid for their work. It is meant for artists and authors. It is a membership platform that supports the relationship between viewers and a website or a channel. People on the platform enjoy exclusive access to their favorite creators, they are given rewards, and they have a chance to be featured in some special areas with members of the Patreon community. Patrons of art, missions, and other creative activities can now directly give a fixed amount of money to the artist who created it. For just $1 per month, you can support an artist’s work and get regular rewards like exclusive content and its behind-the-scenes updates. In Patreon, content creators are grouped into different categories such as videos/movies, gaming, podcast, educational videos, and many others. Another big pro of Patreon is that it gives options to content creators to see their revenue, see how much their platform is growing, and also if they want to cancel an order or a payment.
3. Substack vs Patreon
Even though both platforms are for helping monetize content creators' works and projects between them there are many differences. The most notable one is that Sucstack is mostly used for writing and blogging while Patreon helps creators with tools such as editing, movie making, drawing, creating educational videos, and many others. Patreon eases the pain of setting up a paywall to your content. The app solves the problem of giving something for free and then asking people to pay money in exchange for access to exclusive content, early access, back-catalog stuff while Substack is very simple to use with an easy page setting and design. When it comes to clients and the relationship between a client and a content creator Substack gives the ability for clients and content creators to exchange thoughts in group discussions, whereas Patreon focuses on comments after posts which majorly impairs creator-fanbase communication. Another major difference between Substack and Patreon is the fact that Substack is based on a monthly subscription where you can cut off subscriptions if you are no longer interested in the content a creator produces. This combined with the fact that Substack is a very user-friendly platform makes it very reliable and very widespread among people. Patreon on the other hand is a membership platform with a feed that gives fans all the information they need about a content creator, but if you become uninterested in the creator you need to revoke your membership and combined with the fact that Patreon is not a very user-friendly platform, it can be tough to get through or change your settings.
CONCLUSION
All in all, both platforms are major ways to support content creators and to give them the boost they require to keep dishing out the content that people enjoy and desire. Although the platforms may have common goals in mind, the way they go about realizing that goal is quite different where Substack provides a much more user-friendly method that allows people to discuss changes directly to the creator they subscribe to while Patreon users are deemed more professional and need to use a much more difficult platform that doesn't allow instant communication but give a feed on the changes made by the creator. As the article shows, the platforms are as different as their name suggests, but that doesn't that one of them is more dominant and better than the other because then one of them would have been long forgotten by the internet, meaning that the choice between the platforms is up to the user to decide based on their mindset, personality and what works for them the best in general. This choice will allow content creators to be there for their community and help them expand their abilities and content, so be sure to be a part of the community and support the content creator.