What is OnlyFans?
You may not know what OnlyFans is, or how it works, but at least for now, you should know that it exists.
And this is completely understandable, considering that it is one of the most popular networks in the world.
It has also been the protagonist of great controversies in the last couple of years since it has come to acquire a great sexual connotation.
However, the purpose of this note is to debunk myths and help you understand the full potential of this network to diversify your sources of income.
So, the first thing you should be clear about is what OnlyFans is. In a nutshell, it is a content subscription service headquartered in London.
It was launched in November 2015 and since then it has helped thousands of content creators to inflate their bank accounts amazingly.
At the moment it has more than 130 million users, and according to official figures, in 2020 alone this site paid more than $700 million to almost 500,000 members.
This is why making money with OnlyFans has become the goal of digital creators and many people who have communities or loyal audiences.
How to make money with OnlyFans?
Once you understand what OnlyFans is, you will find several mechanisms or strategies to earn money with this social network from wherever you are.
Whether you’re male or female, and over the age of 18, you can start monetizing your passions or talents on this great subscription platform.
These are some ways you can take advantage of this social network:
1. Subscription revenue
It is the most used mechanism to generate income in OnlyFans since it is based on its nature.
After registering for free, and creating your profile, you must establish the fee that your fans will pay to subscribe and view your content.
The minimum amount required by the company is $4.99, and the maximum amount is $50.
You also have the option to offer discounts on your subscription packages (the longer the subscription lasts, the better rates your fans could enjoy).
2. Tips or “tips”
Tips work as a thank you from fans for the content you regularly generate and share on the site.
The tipping system is another way to earn money with OnlyFans, and the best thing is that they can receive your “tips” without even asking for them.
Although many times digital creators launch campaigns to increase their income based on tips. Fans can tip you for your:
- Live broadcasts.
- Direct messages.
3. Paid messages
One of the mechanisms that you discover once you understand what Onlyfans is, is that fans can also send private messages to their digital creators, in exchange for an additional payment.
Many of them are willing to make this extra outlay, as it allows them to have a more direct conversation with their favorite creators.
Prices for these exclusive messages can range from $3 to $200, depending on the creator’s profile and the number of fans that are subscribed to their account.
According to a Business Insider report, the private messaging service has become the main source of income for hundreds of creators on OnlyFans.
4. Limited promotions
Limited promotions will also help you earn money with OnlyFans. One of the most effective and popular is the “free trials”.
Wonder how they work? It’s simple: they are tests that allow your fans to know the type of content they can access on your profile.
You can also offer them discounts if they are willing to pay for a full year of membership (so you could influence their purchase intention more strongly).
Be sure to use mental triggers in your promotions to capture their interest more effectively and directly.
This is another great business opportunity once you understand what OnlyFans is.
More and more creators are creating wish lists on their OnlyFans profiles. This is a way to receive gifts from your fans, (such as clothing or accessories).
These same creators then often share photos or videos using the products their fans have sent them, keeping both parties on the best of terms.
It is already possible to create an Amazon wish list on this platform, to receive gifts or rewards previously selected by the content creator.
Digital creators typically join Amazon‘s affiliate program before creating their listings.
That way they can use your affiliate links, share them on their OnlyFans profile and earn a commission when their fans buy the suggested products on their wish list.
6. Creation and commercialization of infoproducts
There are more and more content creators diversifying their income with digital books, courses, or infoproducts, derived from the materials they share on OnlyFans.
For example, if you are a musician and you share musical content on your profile, your community will likely be willing to buy an ebook in which you share unpublished information.
That is, that electronic book must contain data that you have not shared in your profile so that it retains its sense of exclusivity.
In this way, your audience will feel that you are offering a new product and will be willing to pay for that added value.
Once you create your digital products, you can market them on your website, or some platforms specially designed for this, as would be the case with Hotmart.
How does Onlyfans work?
To understand what OnlyFans is and how it works, you must understand that earning money as a content creator is thanks to the contributions of the users subscribed to your profile.
They are widely known as “fans” and they are the ones in charge of sending funds to their favorite creators through this platform.
OnlyFans ‘ business model works like this: This network pays each creator 80% of the fees collected, while the remaining 20% is retained.
However, after covering its commercial and related fees, the company’s share tends to be, on average, 12%.
It’s simple: if you want to see the posts of a digital creator on their OnlyFans profile, you will have to pay for it. So in OnlyFans two types of users coexist:
- the fans and,
- Content generators: athletes, musicians, artists, video game players, chefs, etc.
Additionally, it should be noted that fans can access exclusive photos or videos in exchange for an extra payment.
That is, it will not be enough to pay your monthly subscription. If they want exclusivity and selectivity in the content they consume, they would have to be willing to pay a little more.
That is why this platform has become one of the most lucrative on the market, especially for the most authentic and popular content creators.
Requirements to join OnlyFans
If you are excited about the idea of earning money with OnlyFans, you should pay attention to the following requirements:
1. Be 18 years or older.
2. Provide your personal data: name, address, identity document, date of birth, etc.
3. If you reside in the United States, you must fill out an additional form, known as a W-9.
4. Verify your account.
5. Set the price of your subscription. To do this you must add your bank account information or your payment details.
The process to become a new OnlyFans digital creator is simple and quick. Therefore, you are just one click away from diversifying your sources of income online.
Onlyfans success stories to inspire you
Below we will share four success stories of digital creators who have amassed great fortunes thanks to this subscription platform.
The idea is that you confirm that you can earn money with OnlyFans based on your talents, profession, or occupation.
So, once you understand what OnlyFans is, you can take advantage of its business model by sharing:
- Unpublished content and more.
This famous American “streamer” is only 25 years old and bills up to six figures per month with her OnlyFans profile. There she shares content linked to her Fornite games.
This Australian influencer earns $1 million a month by sharing content related to the world of fitness on her OnlyFans account.
He currently has over 100,000 subscribers and his monthly subscription is just $5.
This famous rapper of Spanish origin also generates significant income with her OnlyFans profile. There she makes sure to share pictures of “drunk yoga”; one of her greatest passions after rap.
This Spanish DJ has built a large audience on OnlyFans and thanks to his profile he generates recurring income.
His strategy has been to share exclusive content with his subscribers about his life as a DJ, and also as an entrepreneur.
On this platform, he shares photos and videos of his day-to-day life that end up becoming a source of income.
Although this subscription service is full of adult content, there is also room for artists, influencers, teachers, photographers, and many other creators.
Therefore, it is wrong to think that you can only earn money with OnlyFans by sharing racy photos or videos.
On the contrary, if you are talented and want to turn this network into a new business channel, you can do it without any problem.
Generate recurring income with OnlyFans:
Now that you know what OnlyFans is and its various alternatives to earn money, keep in mind that you don’t have to be a celebrity, a star, or a famous person.
If you have a camera and internet connection you can use this service to increase your income.
Without a doubt, you can start from scratch, and although building a community will take time and effort, once you reach this goal the money will start flowing into your accounts.