What is OnlyFans?
To begin with, OnlyFans is not a pornographic site or a “live cam” site. These seem to be two things that have been widely circulated. Just because it is a social media platform that allows adult content does not mean that it is a full-blown porn site.
OnlyFans is a social media platform that you can use to Make Money with OnlyFans based on a subscription business model. You create your own content and sell it at a price of your choice. You can post different types of content such as photos, audio, video, live streams and much more.
The goal is for a subscriber to pay a price you set to access your exclusive content. What’s even better is that you keep 80 percent of the money you make. The 20 percent goes to OnlyFans, of course.
Who owns OnlyFans?
If you’re wondering who owns OnlyFans, it depends. As we mentioned, you can carve out a space in any niche you find yourself in and make money. The following content creators who make money on OnlyFans include, but are not limited to the following:
Social media influencers
The list goes on and on. If you’re someone just starting out or already have a number of followers on other social media platforms, could OnlyFans be for you? If your goal is to earn some extra money, sure!
How do you actually make money on OnlyFans?
First of all, make sure your OnlyFans account is set up and ready to go. This means that you will have to fill in the sign-up sheet, upload an official ID to prove your real identity and link your bank account.
Once everything is set up and ready to go, you can now earn money on OnlyFans. From here, you can start publishing content that your subscribers will pay for full access to. Again, you can set the price according to what you think is best for you.
Initially, your subscription price is set to “free” by default. You can change this to a price at any time. Similarly, promotions can be set at a lower price than your usual subscription.
Let’s say you set the price at $14.99. If you are running a promotion on exclusive content, you can set the price at half that amount. You can adjust the price accordingly if you see fit.
How much money can you really make? This depends on how many subscribers you have. For example, if you have 10,000 followers and between one and five percent of them become paying subscribers at the price of $14.99, that’s between $1,500 and almost $7,500 per month (not including tips).
If you think you can only make money by selling content, think again. Not only will you make money from subscriptions, but you can also ask for tips. You can ask for tips at any time.
Just like YouTubers who regularly ask for subscribers, you can ask for tips every time you post content, as if it were second nature. Users can send you tips via private message. If you sell a product or service, you can suggest your subscribers give you advice if it has helped them in some way 😉 .
Keep in mind though that if you’re charging your subscribers to access your content, you’re going to have to be consistent (and keep the content fresh). Also, you want to have a decent amount of content available for access when you start out. Ultimately, the more quality content you can produce, the better.
3. Pay-per-view content and posts
Apart from the content you can publish on OnlyFans and ask for tips, you can send messages to subscribers who can pay just to see them. You can set the minimum price at $3. You can send the message to all subscribers and make some money in the process.
Let’s go back to the example where you have 10,000 followers and only one percent of them subscribe. At $14.99, that’s about $1,500 a month. However, if you send out a PPV post with a flat $5 price and only 300 of the 1000 subscribers pay to watch them, you earn what you normally get on subscriptions alone!