Content Creators Also Have Costs Running Their Business
Gumroad with its new fee of 10% is one example.
Besides earning money, content creators also have overheads.
Even if it’s on a low level, this is what you need to keep in mind if you’re reading earning reports.
They earn money, but also invest their money (hopefully) wisely.
They invest in a variety of startups to be a member, create memberships and community experiences, sell products or services, or offer free newsletters.
Gumroad is a popular startup creators invest in.
Gumroad is a self-publishing digital marketplace.
You can sell any digital product you want — ebook, course, template, or blueprint.
Gumroad now takes 10%
The good news is that Gumroad charges no monthly fee.
The bad news is it increased its fee to 10% of every sale.
2023, price hikes on creator tools are a thing.
MailChimp, Teachable, ConvertKit, Skillshare, other platforms are raising fees.
If I make a sale of my free ebook, Gumroads 10%.