Is Medium Partner program Worth it?
Making money with your writing on Medium worth it? Can you fill your bank being part of the Medium Partner program?
Why start with “I” instead ask “who’s”?
Who is making the most of the money from the Medium Partner program? And what if “You” are making less amount of money on Medium, then what you should do?
Indeed, I am happy that you ask for it.
This platform is truly unique in its own way. You get paid based on the reading time from Medium members. Getting medium members to follow you is like finding a beach in a desert.
Writing on any platform is like finding your gang members, as Andrew Yang is not running for the presidential candidate but I steal the word gang so this isn’t copyright, right? You can do that too on Medium or any other platform.
If you are writing on Medium for making money then say it “Out Loud” don’t be shy. I am on this platform for writing as well as Making money but there is a third reason for this thing too.
The third reason for me being writing on Medium is “It’s amazing editor”
I have a WordPress blog too, WordPress has quite good looking editor but not nearly as awesome as Medium. Typing words on Medium editor making you feel so good.
In one of the post by Ev Williams, the founder of Medium stated that;
Medium has become an ideas exchange, where thinkers, creators, and those with a story to share come to find their audience, move people, and move us all forward.” Source..
The medium mission is truly unique. Medium Partner program lets you make money through your stories.
Making money online is a tough business, and making money writing online is even tougher than that. You have to spend countless hours typing words, writing words and expressing your thoughts, and imparting knowledge.
There are some writers on Medium that are making a great amount of money from the Medium partner program.
So, just recently I published a story that got 2 views from Medium members. That two Medium members read my story for a total of 3 minutes and that made me $0.09. This is the lowest amount of money but as a blogger, if I compared it with my Google AdSense revenue that is giving me $7/1000 views, in the case of Medium I will make somewhere between $50 to $69 per 1000 medium member views. That is more than 8 times of revenue but the problem is “How to get more Medium member-only views?”
7 Reasons that make the Medium Partner Program worth it
- The right place to publish content as a Blogger: As you can see a lot of bloggers are making a good amount of money on their blogs. But making money writing is the hardest job on the Internet. There is a lot of competition and you have to be the top 1% to make a good amount of money from your blog. Medium is the platform that gives you the opportunity to write, publish, and grow your readership while also make money. They pay based on Medium-member read time. You literally make somewhere between $0.03 to $1 per minute member read time depending upon the history of the number of articles read by your reader.
- A platform to build your following: Medium is a social media platform where you could share your thoughts with the world. Someone could clap for you or share your content on other platforms. You can build following on this platform and the more followers do you have the more money you will make. This is why I love to write on Medium under the Medium Partner Program.
- You want to write about something but don’t know where? this is very interesting. My uncle who is a Ph.D. in Mathematics don’t about the basics of writing online. I introduced him to Medium and three of his first stories curated on the “Math” topic. He is still making $5 a month with those three stories. He still writes on Medium. Medium is a free platform and you just have to make an account on Medium and start writing — there is no technical part in this.
- Built your portfolio: Medium is a good website to build your portfolio. If you are a data-engineer to a project management expert, you could write about these topics and build your portfolio. You can add a link back to your Linkedin account, the prospective employer could find you and may offer you a job. Thousands of people get job just because of writing online about the topic of their interest.
- You just want to publish online: You have no other marketing stuff in your mind, but just want to publish content. Medium is the right fit for you. It’s free, It could promote your stories under “Curation” and you could make thousands of dollars just sharing your thoughts, who know.
- You are a blogger: You are a blogger who writes and publishes great content on your own blog. But, do you know that you could make money through the same article by republishing it on Medium? yes, some writers do that through adding a Canonical link on Medium and you are set to release your story on Medium without worrying about search engine penalize you because Canonical link helps you that your article isn’t index by search engines. Here is the complete guide.
- You can join Medium membership: Medium membership costs $5/month and there are some great writers on Medium that share useful thoughts. You could read as well as write on the platform and could use it as a social media platform.
The medium partner program changed a lot.
At first, they were paying for the number of claps and other engagement factors perform by Medium member, now they learned this thing that “This isn’t a right strategy to pay writers” so according to the new system “You get paid based number of Minutes a medium member read your story”
Protip:
Longer stories will make you more money then shorter story.
In the previous version, the Medium partner program updates writers earning stat. After a week, yes, you have to wait for a week to know, how much money you have made from your locked stories, now they updated it every day. Depends upon your time zone you may get earning reports a little late.
The medium Partner program is worth it or not?
This is a relative term, for some writers, it is completely worth it while for some it isn’t. Here is why.
- Medium partner program Worth it if you are consistent on this platform, at least publish 30 stories in a month if you are not that good Writer.
- The medium partner program isn’t worth it if you are just on this platform for earning money and not helping people solve their problems.
- Someone just publishes a story about his $2k earning from Medium and you made $4 a month. You feel demotivated. You have to play a long game on Medium.
If you really want to make money with Medium. Follow the following flow chart.
Write on Medium > Publish Hundreds of thoughtful stories > Market yourself > publish every day and make more money.
If you feel that someone will judge you if you write on Medium then Go and publish your first 569 words without worrying about people. You are judging yourself if you are thinking about “What people gonna think about your story”
Chances are, very few people read it but after a year or two, you will be thankful to yourself that you started writing.
If you are the part of the Medium Partner program and you are disappointed with the stats. Of your medium stories then there are five ways to get more people to read your stories.
- Getting your story curated.
- Getting your story published in a popular publication.
- Making your own publication and grow it.
- Targeting Medium members for keywords they search on Google. One simple example of this is a Medium member searching for the term “Active publication on Medium” or “Famous stories on Medium”
- Collecting emails from your readers. Most of the authors add a CTA at the end of their Medium stories. This helps them to send emails to their readers when they publish a new story.
The subscription business is very hard. News and opinionated sites like The New York Times, The financial times, and business insider also have a system to let people read articles but the case is completely different here. People on Medium choose to read a story that benefits them. A story that when I reached the end, I feel the difference in myself. A medium is a place where writers publish their best piece of content. That’s is why most of the people open Medium for.
I choose to be the Partner because:
- Like YouTube and Quora, Medium has built-in and this is why you need to write on Medium, you can reach thousands of people while also making money on your stories.
- Medium has great Domain Authority, good domain authority comes from getting do-follow links from other authority websites like The Entrepreneur, Forbes.com, etc. Good domain authority helps you get ranked on Google search easily.
- You can republish your blog posts by importing it from your blog to Medium. All you have to add is to add a Noncanonical tag to avoid any search engine penalty.
- Medium is very simple, you don’t need any technical information to make it run.
- It is free.
Here is my painful story when I don't have a single penny to start a website and how I made money on my free Blogspot blog.
Medium stat. is very impressive.
What I have to do with the medium statistics?
I am a blogger and I am not that expert at Search engine optimization and getting ranked on Google but one thing I know about this is that “User generate sites get 10x more traffic then any other individuals run the blog”
The more questions you answer, the more people will find your content. So, more and more medium users will opt for Medium membership.
According to the founder of Medium, the number of Medium members grows a lot from the beginning. One thing you needed to understand as a part of the Medium partner program is that “More Medium members join Medium, the higher percentage of writers making $100 or more”
Medium members are
The medium partner program is definitely worth it. Try the medium because it is going to be the Netflix for writers.
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