- The creator economy's dependence on platforms like Patreon is unsustainable, leading to burnout and loss of creative freedom for many creators.
- Despite the allure of direct patronage models, such as Patreon and Substack, the average conversion rate from follower to paying fan is low (around 5%), making it challenging to build a sustainable income solely from organic user payments.
- The oversaturation of content creators in today's market makes it difficult for individual creators to stand out and attract a paying audience, especially when free alternatives are readily available.
- Creators should adopt a diversified approach to income generation, combining audience monetization with other revenue streams like advertising, freelancing, grants, and merchandising to mitigate the risks of relying solely on consumer support.
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