<\/span><\/h2>\nUnfortunately, this platform only allows you to earn between $1 and $5 per transaction. This is a small amount for most creators to live on. While the platform claims some creators make six figures, it\u2019s hard to believe the average person has enough supporters to live on that income alone. This is more like a tip jar than a sustainable business model. <\/p>\n
Accounts are reviewed after the first payout request. Before you can get paid, your account will be reviewed by a Buy Me A Coffee staff member to determine whether or not the payment can go through. Some moderators spend more than a week reviewing accounts, so there could be a delay. There\u2019s also a risk of abrupt suspensions during this review. <\/p>\n
While Buy Me A Coffee charges only a 5% transaction fee, that doesn\u2019t work well for high-volume creators. For example, most companies reduce or eliminate transaction fees as you make more sales. If you\u2019re a top creator on this platform, you\u2019ll be paying a steep amount as you start approaching higher volume sales, which would make it a better option for you to choose an alternative to Buy Me A Coffee. <\/p>\n
Buy Me A Coffee doesn\u2019t allow you to build your own brand on the platform. With its limited customization options, you won\u2019t be able to differentiate yourself from others easily. On top of that, other platforms offer advanced marketing tools, such as affiliate marketing and upselling, which would help creators make more sales on those platforms. <\/p>\n
Buy Me A Coffee also doesn\u2019t handle VAT or sales tax collection for its creators, who will have to manage taxes themselves. Creators are expected to learn more about taxes and file their taxes with their local tax agency. Many membership sites provide this service to simplify creators’ work, since it can be rather complicated to pay taxes on income earned online. <\/p>\n
<\/span>Is Buy Me A Coffee the best platform to sell memberships?<\/span><\/h2>\nNo, Buy Me A Coffee isn\u2019t the best platform to sell memberships; Payhip is. Payhip is a platform that lets you sell memberships to supporters, with no caps on the price. Sellers can choose the transaction fee they want to pay depending on their sales volume. If you want to stay on a free plan, you only pay a $5 transaction fee. If you start making a high volume of sales, you can upgrade to a subscription plan to remove transaction fees, so you can keep more money in your pocket. To start selling memberships to supporters, sign up today<\/a>.\u00a0<\/p>\n