Edward Spurrell
patreon
Lower My Elite Tier Price? Good or Bad?
🕑 Added 2021-11-09 20:31:40 +0000 UTCGreetings! As always, I like to have you awesome people involved with any changes I make to my Patreon. So I was thinking about this for a few days now and I can't make up my mind. I want to get your feedback on if I should lower my Elite Tier price. My Elite Tier on Patreon is set to $15 USD and provides the following perks in addition to the $5 USD Squad Tier:
- Exclusive Full Album Music Reactions (Apx. 2 per month)
- Variety Content Polls (Weekly)
- Exclusive Full-Length Raw Cut Netflix/Disney + Series Reactions (Apx. 3 per Week)
- Netflix/Disney+ Reaction Polls (When Needed)
Now that I've started doing Full Music Album Reactions I would like them to be more affordable to the general public. Nobody likes getting hit with a big paywall to access content, I get that. However, Patreon is my primary source of income and it's what pays my bills and keeps me going, so any change to this Patreon could have a big impact on my finances.
Therefore, I was considering dropping the monthly price on the Elite tier from $15 USD to $10 USD. However, I'm torn on if this is the best business decision for me to do. Currently, as it stands I would lose a couple of hundred dollars per month from the Elites that switch to the new price, yet I wonder if the lower price would be more appealing for existing Squad level patrons to upgrade to Elite, or more attractive for new people coming from YouTube to sign up to my Patreon. Especially with the new Taylor Swift and Adele albums coming out this month.
Please vote below with the option that you feel I should do or that applies to you specifically.
