Make Money Writing on Medium: One of the most common questions I get from new writers who want to make money on Medium is, How much can I earn?
My response usually goes something like this: I have no idea how much you can earn. That’s not really how Medium works.
Medium has never provided any financial or sales data about its platform, so it’s impossible to say exactly how much you can earn on Medium or what your payout per reading will be.
It all depends on the number of people who read your content and engage with it.
What is Medium?
Medium is a blogging platform where you can connect with people through reading and writing. Anyone can start a channel, or Medium, on any topic they’re passionate about and begin sharing their ideas, thoughts, and stories.
Readers can follow topics they’re interested in and receive updates whenever someone new contributes to that channel.
Why Should I Write for Medium Instead of anywhere else?
Well, you’re probably asking that because you have a great piece of writing that you think will do well elsewhere. But look: If it’s not on Medium yet, it’s really just not doing anything for anyone.
And that means no one is reading it or talking about it or sharing links to it and as a result, no one else is seeing your writing, either.
What Kinds of Content Do They Want?
Writers on Medium might not be paid to create content, but they are rewarded with claps from other users. However, there is no incentive for writers to create quality content, which has led to some user backlash and even contributed to a well-known blogger publishing fake news.
After spending some time on Medium myself, it seems that readers like longer posts (1,500+ words) and roundups of tips or stories.
When you publish your post on Medium, you’ll have a chance to suggest tags for your story; these can help boost engagement by bringing additional relevant readers into your writing.
What are the Benefits of Publishing on Medium
For anyone considering publishing on Medium, you should know that there are two ways to make money from your work: affiliate marketing and sponsored posts.
Affiliate marketing is exactly what it sounds like: You recommend a product and get paid if someone buys that product after clicking through your post. Each time someone clicks through from your link, you earn a small percentage of their total purchase $2 per 1,000 views is common
this pays off even better if they buy straight through
For example, if 50 people read your post and one person buys $100 worth of stuff after clicking on an affiliate link within it (and then never reads another thing on medium), that’s $10 for you right there.
How Can You Make Money With Medium
It may seem like a no-brainer, but if you’re making money with your writing on Medium, it pays to get as many eyeballs on your work as possible.
From boosting your work to making money directly from advertisements, there are several ways to make more than $50 per month. We’ll tell you how much we made during our first month of writing for Medium and then go over some of our favorite tips for increasing revenue.
Let’s get started!
Anything Else You Need to Know About Being Published On Medium
There are a few other factors to keep in mind about being published on Medium.
The first is that most of your readership will be people that have never heard of you before, so don’t expect an immediate boost from other platforms.
though it will happen over time as new audiences continue to discover your work
Another thing to keep in mind is that if you’re a new author on Medium, it can take up to three days for someone new to come across your work when they perform a search.
Once they do find you, though, there’s some good news: When readers follow you on Medium, they automatically receive alerts every time you publish something new and there are some reports that even ads are shown on searches for their topics.
You can follow my medium profile from here.
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