Go to any influencer’s social media bio and not find an OnlyFans link. “I’ll wait” as the memes are fond of saying
But what is it?
In short, OnlyFans describes itself as ‘an online platform and app. It was founded in 2016 by businessman Timothy Stokely . With it, people can pay for content (photos, videos, and live streams) via a monthly membership.
The platform’s earnings in 2022 alone reached $2.5 billion.
Some top earners include-
- Bella Thorne ($11 million per month)
- Cardi B ($9.43 million per month)
- Mila Mondel ($1.5 million per month)
However, in recent times the site has garnered some notoriety for being seen as the go-to platform for adult content creators
Interview With Onlyfans Model Emma Wild
that want to monetize their Instagram, Twitter, and YouTube fanbase. These content creators typically add their links to these other platforms in the hope that a percentage of them will migrate to their OnlyFans page or OF and then ‘subscribe’
- 1 month
- 3 months
- 6 months
- 12 months
The minimum subscription price you can charge is $4.99 per month and the maximum is $49.99
Now, you may be thinking “what the heck phroenix,’ adult content? well that’s just not me” but guess what, there are tonnes of other content that sells on the platform and these include-
- Fitness coaching
- Cosplayers
- Travel bloggers
- DIY bloggers
- Beauty experts
- Models
- Cooking courses
It’s easy to start an OnlyFans account for any of these types of content.
Firstly, head over to the site. (Important caveat, you need to be at least 18 years old to create an account)
Then you’ll need to enter your financial information to be able to withdraw money to your bank account. You can withdraw earnings as soon as you have over $20 in your balance.
OnlyFans processes earnings on a 7-day rolling basis. For example, if you earn $10 on the 2nd of the month then you won’t be able to withdraw it until the 8th of the same month.
Once you’ve set up your payment information, you then need to verify your identity. Onlyfans only accepts government issued e.g. a drivers licence or passport and also a photo of yourself next to it to ensure all creators are over the age of 18.
After this you’ll be required to answer some questions about the type of content you’ll be uploading to your page. Submit your application and your verification should be complete within 72 hours.
Once your verification is processed you can now start building your brand, setting up your subscription prices and promoting your page.
Onlyfans enables you to create a free page too so you can have one that hosts free content and one with your subscription paywalls. I suggest having both as it’s a great way to gauge your audience behaviour and feedback from both, and will enable you to better adjust your payment structure to your fanbase.
You can try posting teasers on your free page, but have the full length videos on your paid one.
Onlyfans also has a function for tipping so that you can earn additional income. Tipping can be done through your live streams, posts, DM’s or directly from your profile.
Please note that OF takes %20 of everything you earn from subscriptions and tips.
