Are you currently enrolled in a University? Avail Student Discount 

NextSprints
NextSprints Icon NextSprints Logo
⌘K
Product Design

Master the art of designing products

Product Improvement

Identify scope for excellence

Product Success Metrics

Learn how to define success of product

Product Root Cause Analysis

Ace root cause problem solving

Product Trade-Off

Navigate trade-offs decisions like a pro

All Questions

Explore all questions

Meta (Facebook) PM Interview Course

Crack Meta’s PM interviews confidently

Amazon PM Interview Course

Master Amazon’s leadership principles

Apple PM Interview Course

Prepare to innovate at Apple

Google PM Interview Course

Excel in Google’s structured interviews

Microsoft PM Interview Course

Ace Microsoft’s product vision tests

1:1 PM Coaching

Get your skills tested by an expert PM

Resume Review

Narrate impactful stories via resume

Pricing
Product Management Trade-off Question: Patreon creator onboarding simplification versus advanced tool development

In what ways can Patreon improve its tier system to offer more flexibility for creators and patrons?

Product Improvement Medium Member-only
Product Strategy User Segmentation Feature Prioritization Creator Economy Digital Content Subscription Services
User Experience Product Strategy Monetization Subscription Models Creator Economy

Introduction

Patreon's tier system is a core feature of their platform, enabling creators to offer different levels of content and perks to their patrons. However, as the creator economy evolves, there's an opportunity to enhance this system for greater flexibility. I'll explore ways to improve Patreon's tier system to better serve both creators and patrons, focusing on increasing customization options, improving discoverability, and enhancing the overall user experience.

Clarifying Questions

  • Looking at Patreon's current tier system, I'm thinking about the balance between simplicity and flexibility. Could you share any data on how many tiers creators typically use, and whether there's a correlation between the number of tiers and creator success?

Why it matters: This helps us understand if we need to focus on expanding tier options or optimizing existing ones. Expected answer: Most successful creators use 3-5 tiers, with diminishing returns beyond that. Impact on approach: If true, we'd focus on enhancing the quality and flexibility within a limited number of tiers rather than increasing the quantity.

  • Considering the diverse range of creators on Patreon, I'm curious about the most common pain points across different creator categories. Are there specific industries or content types where the current tier system is particularly limiting?

Why it matters: This helps us prioritize improvements that will have the broadest impact. Expected answer: Visual artists and podcasters often struggle with the current system due to limited options for showcasing their work. Impact on approach: We'd prioritize solutions that address the needs of these high-impact creator categories.

  • Thinking about Patreon's position in the market, I'm wondering about the competitive landscape. How do our tier offerings compare to emerging platforms like Substack or Buy Me a Coffee?

Why it matters: This helps us identify unique selling points and areas where we may be falling behind. Expected answer: Competitors offer more flexible pricing options but lack Patreon's robust community features. Impact on approach: We'd focus on enhancing pricing flexibility while leveraging our community strengths.

  • Considering Patreon's product lifecycle, I'm curious about the company's current priorities. Are we looking to optimize for creator retention, patron acquisition, or something else entirely?

Why it matters: This helps align our improvements with broader company goals. Expected answer: The current focus is on increasing patron lifetime value and reducing churn. Impact on approach: We'd prioritize features that enhance long-term engagement and value for patrons.

Tip

Now that we've established some context, let's take a brief moment to organize our thoughts before diving into user segmentation.

Subscribe to access the full answer

Monthly Plan

The perfect plan for PMs who are in the final leg of their interview preparation

$99.00 /month

(Billed monthly)
  • Access to 8,000+ PM Questions
  • 10 AI resume reviews credits
  • Access to company guides
  • Basic email support
  • Access to community Q&A
Most Popular - 67% Off

Yearly Plan

The ultimate plan for aspiring PMs, SPMs and those preparing for big-tech

$99.00 $33.00 /month

(Billed annually)
  • Everything in monthly plan
  • Priority queue for AI resume review
  • Monthly/Weekly newsletters
  • Access to premium features
  • Priority response to requested question
Leaving NextSprints Your about to visit the following url Invalid URL

Loading...
Comments


Comment created.
Please login to comment !