I guess that depends on the overhead. How much does it cost to maintain an Only Fans business?
Since equipment (camera, lighting, outfits, toys, etc.) is a fixed 1-time cost outside of consumables such as makeup, condoms, etc., I’d imagine that the profit margin is relatively high compared to most other types of business.
But that’s just me making inferences, I have no authority or experience in these fields.
Those purchases aren’t paid for by Only Fans. It’s the content creators who pay for all that (unless there’s a way to get sponsored by OF, I don’t know). However, reliably storing and streaming video in high quality across the globe with low latency, both live and on demand, which is what OF does, is expensive af. It’s one of the reasons, if not the main one, there are no real competitors to YouTube.
Do most employers spend 70% of their profit on the staff wages?
How is 70% of what customers pay the same as 70% of their profits?
I guess that depends on the overhead. How much does it cost to maintain an Only Fans business?
Since equipment (camera, lighting, outfits, toys, etc.) is a fixed 1-time cost outside of consumables such as makeup, condoms, etc., I’d imagine that the profit margin is relatively high compared to most other types of business.
But that’s just me making inferences, I have no authority or experience in these fields.
Those purchases aren’t paid for by Only Fans. It’s the content creators who pay for all that (unless there’s a way to get sponsored by OF, I don’t know). However, reliably storing and streaming video in high quality across the globe with low latency, both live and on demand, which is what OF does, is expensive af. It’s one of the reasons, if not the main one, there are no real competitors to YouTube.
You mean gross revenue, not profit. 30% profit is after expenses including CoGS/wages and is good money if it scales.