Introduction
Are you a content creator, or perhaps aiming to become one? Either way, you are likely to use Fanfix at some point. FanFix founded by Harry Gestetner and Cameron Dallas provides you the platform of innovative solutions for creators. In this new era of content creators, the new generation audience is always searching for new ways where they can support their favorite content in all possible ways.
What is FanFix?
Fanfix was founded in 2020 and started as a small start-up and emerged successfully. It is created as an alternative to Patreon i.e., a subscription-based social media platform. The main motive behind developing the FanFix is to promote social media content creators.
Here, you may have a question as there are many social media platforms for online content creators and what’s so special about FanFix? The unique feature of this app is that FanFix not only provides a platform to content creators but also helps creators to maintain their brand image and engage with their audience with their content.
Here is the detailed information about the Fanfix and how you can use it effectively.
How Does FanFix Work?
So, Now that you understand What is Fanfix, Let’s dig deeper and understand about this in detail.
1. Signing up:
You can join Fanfix by simply visiting the website and signing up. Now fill out the Content Creator Application which has to be filled out to become the official creator of the Platform.
In order to work on the platform, you need to verify any of your government identity proofs. And also have to connect with the Bank Account to your FanFix account to receive the cash that you have earned.
The other set of rules to be followed are:
- You must be atleast 18 years old.
- You have to follow the community guidelines when posting the content.
- On your social media account, you should have 10,000 followers each.
Do fill in the details like First Name and email, and also create a password too to secure your account.
Next make sure you read all the Privacy Policy, Terms of Use, and community guidelines and proceed with signing up.
2. Making Money on Fanfix:
Once you are ready to set up the account and log in, Now it’s time to make money.
Let’s see how it can be done.
a. Subscriptions:
One of the amazing features that Fanfix gives you is that the platform doesn’t set a fixed price, but allows you to create the subscription plan on your own. Make sure that you create the subscription with a fair price which also brings you profit. The recommended pricing can be from $5 to $50.
As mentioned, the platform supports everything including videos, blogs, and photos. You can create interesting content that gains you followers and as you know more followers you can make more money. Using a subscription you can grant early access to followers or any specific content also.
b. Tips to DM
Yet another unique feature of FanFix is allowing followers to DM you for direct interaction with you. While with a subscription, you can analyze your monthly income. But you shouldn’t stick to that only and should make use of others too.
The Tip to DM feature helps us with direct interaction between you and your followers. The pricing may last from $3 to $500. And this is where you actually get proper money.
The conversation between your followers will be highly encrypted.
c. SuperLink
We do have the option of SuperLink which you can use for promotional purposes such as adding Links in bio. It does increase traffic to your profile and also creates you with great ad revenue. It is not a small amount you can take up to 46%
d. GalaGala
Apart from creating content, Do you make your own products? Well, there’s good news for you. SuperOrdinary acquired FanFix and plans to integrate with GalaGala, an e-commerce platform that allows you to sell Digital and Physical products to increase your revenue.
3. Receiving Payments on FanFix
Fanfix uses the Stripe gateway for payment processing. If you don’t have a stripe account, Well you have to create one when you sign up.
The best thing about Stripe is that it keeps track of all your tax information, forms, payment history, and transactions. This makes it easy for budding content creators to manage income.
However, the FanFix Dashboard also shows you the earnings.
Does FanFix cost you Money?
The platform doesn’t cost you anything to join. But of course, it takes its cut to provide the resources. Its commission rate is 20% of your earnings.
As mentioned you will not pay actively to register and access the platform.
How Can You Earn Using FanFix?
So, Now I hope you have understood What is FanFix? And How to use FanFix?
The next question that comes to your mind is that
How much can you earn using FanFix?
There is no single answer to this question. The amount you make will be dependent on a few factors those are :
- How many followers do you have
- What is your subscription charge
- What is the Tip to DM charge
- How many subscribers do you have
As discussed you can make a lot of money using FanFix, The most paid FanFix use collects $7 million and others make $1 million
For example, let us say you have 10,000 followers and you charge $5 per subscription. FanFix will estimate and tell you that you make $125 to $1250 per month. These don’t include Tip to DM.
If you make proper use of the platform, you can make huge money. The surveys say that the average earnings of the creators on this platform is $70,000 in the year 2023.
Pros:
- Achieve the dream of becoming a successful content creator – FanFix provides you with the platform with all the resources that help you in becoming an emerging content creator.
- Earn Consistently – Fanfix strives towards providing you the income consistently and reduces the fear of income. But it does work only if you are engaging your followers with good content and get more and more subscribers.
- Set Your Own Price – One of the amazing features that creators love in FanFix is that you can set your own subscription prices. Make sure that during the initial stages keep the pricing available to all people like $5 and after that based on the reach you can gradually increase.
- Analytics to see who’s Engaged – The platform makes sure that all the statistics on the account are displayed. The contributions made, income generated and how many new followers are being generated. You can track all these metrics at a glance.
- Keep 80% of What you Make – As discussed previously, Platform doesn’t charge you anything but takes its cut of 20% and the rest 80% is all yours. For Example, if Subscriber tips you $50 per month then 80% i.e., $40 is yours.
Cons of:
- High Commision Rate – Yes, you get 80% of your earned income, but 20% of commission is quite more when compared to Patreon which takes only up to 8-12 % but that too includes taxes and fees.
- Doesn’t have a traditional App – While Fanfix allows you to create good content and gain followers, it doesn’t have its own Native App. It gives you a web app that can be accessible on Opera Google Chrome, Safari, etc.
Is FanFix Worth Your Time?
Fanfix has quickly built a large following in just a few years. While it’s somewhat frustrating that there isn’t a dedicated app and that subscriber fees are capped at $100 per month, these limitations don’t seem like major obstacles, especially considering how many users have earned millions on the platform.
Covering up all The Major Doubts on the Platform
- Is Fanfix a better option: Yes, The platform has more than 3000+ creators in only 4 years. Also, reports say that it paid up to $50 million to creators.
- Is Fanfix the Same as OnlyFan: Yes and No together. With the subscription part, both are almost the same but with content type, OnlyFan restricts content while Fanfix doesn’t.
- What Payments are Accepted by FanFix – Your Followers can pay using a Debit or Credit card, Paypal, Google Pay, Apple Pay, or Venmo.
Conclusion
As we conclude, We would like to let you know that Fanfix is a monetization platform for content creators. There are several ways of earning money here including Subscriptions, Tips to DM, and promotions. As it has seen growth in a very small period it would be helpful for you to become a budding content creator and achieve your dreams.