,1,Are you trying to decide which online donations platform to use?
I will compare Ko-fi vs “buy me a coffee” in just three minutes!
So you can start receiving donations to fuel your passion, today!
Kofi: https://ko-fi.com?tipswithpunch-youtube
Buy me a coffee: https://buymeacoffee.com/?via=tipswithpunch
00:00 Video in summary
00:19 Features
So both of these services come with an option for one-time donations.
And it’s super easy to donate with both, supporters don’t even need an account to leave few bucks for a coffee.
On top of that, both offer a membership option. Memberships just mean you get recurring donations from your supporters. Usually, creators offer unique content for the members. So pretty much what people do on Patreon.
However, Ko-fi membership only comes with the paid plan. And Buy me a coffee offers it for free but they take a five percent fee from every donation.
Both offer a way to sell digital products & services. In addition, with Ko-fi you can also sell physical stuff. In my opinion, the shop functionality is better organized on Ko-fi.
As you can see on your screen.
What I like about Buy Me A Coffee, is that you can adjust “the coffee part”. So instead of a coffee, you can get creative and use tea, or banana...
And then you can also Generate it as a button.
With ko-fi you can only change the word “Coffee” to something else.. But that’s it.
01:33 Usability
They are both super easy to use and setting up a profile is quick and painless. If you have a Paypal account you can start receiving donations in minutes.
Personally, I like the Ko-fi layout slightly better, but this is really my personal preference.
01:55 Fees
Now let’s talk about the biggest difference between the two… and it is how they charge fees.
So Ko-fi is totally free when using for one-time donations and they charge 5% for product sales and memberships.
If you upgrade to the Ko-fi Gold plan, then you pay a flat fee of six dollars per month,
And you don’t pay any other fees.
In contrast, buy me a coffee charges five percent for every donation or sale, but they don’t have monthly fees.
So which one is cheaper?
Well with quick math if you get donations or sell products for more than a hundred and twenty dollars a month. Then Ko-fi will be cheaper because you can switch to the flat fee.
For one-time donations, Ko-fi is cheaper.
02:44 Which is better Kofi or Buy me a coffee?
So which one do I think is better. Honestly, they are both really great services to get donations from supporters. And they both have pros and cons.
Personally, I needed a platform for one-time donations, and I like the logo of Ko-fi, look at it, just gives me a warm fuzzy feeling.
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