What are some alternative monetization strategies that Patreon could have considered instead of changing its fee structure?

Patreon could have considered several alternative monetization strategies instead of changing its fee structure. One option could have been to introduce tiered pricing, where creators offer different levels of content or access for different prices. Another option could have been to introduce advertising on the platform, allowing creators to earn additional revenue from ads displayed on their content. Patreon could also have considered partnerships with other companies, offering exclusive deals or content to patrons. Finally, Patreon could have explored the option of taking a larger percentage from higher-earning creators, while taking a smaller percentage from those earning less.

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The term 'service fee' in the context of Patreon's 2017 fee structure change refers to a new charge that was introduced by the company. This fee, which was set at 2.9% plus 35 cents for each subscription, was to be paid by the Patron, rather than being deducted from the Creator's total earnings as was the previous practice. This change was made with the intention of benefiting the Creators, according to the official statement from Patreon.

The content does not provide any specific information on how the change in Patreon's fee structure in 2017 impacted global companies like Apple and Google.

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