Global companies like Apple or Google could integrate a Patreon-like revenue model into their existing monetization strategies by creating a platform within their ecosystem where creators can offer exclusive content to subscribers for a fee. This could be in the form of apps, videos, articles, or any other form of digital content. The companies could then take a percentage of the subscription fees as their revenue, similar to how Patreon operates. This would not only provide a new revenue stream for the companies but also strengthen their ecosystem by encouraging more creators to join and stay within their platform.
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For context, Patreon is an online platform that allows Creators to upload exclusive content to be consumed by their subscribers, or Patrons. Creators get to determine subscription tiers, usually ranging from $1 to $10 per month. Much like other well-known names like Airbnb and Upwork, Patreon is a two-sided marketplace; So while the transactions between Creators and Patrons take place, the company takes a cut.
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