avatarSusie Kearley

Summary

The article discusses the variability in the monetary value of story reads on a platform, influenced by factors such as read ratios and reader consistency.

Abstract

The author has been conducting experiments to determine the value of story reads, finding that the worth of reads can vary significantly, ranging from a few cents to over fifty cents. This variation is influenced by the read ratio, with a higher percentage of completed reads correlating with higher earnings. The article also touches on an experiment where read values seemed to decrease as more stories from a particular author were read, though this trend appears to have stabilized recently, albeit with inconsistencies among different readers. The author offers to reveal the value of individual reads to those who engage with their older stories and request the information.

Opinions

  • The author observes a notable difference in the value of reads on different days, suggesting a direct impact of read completion rates on earnings.
  • There is a suggestion that a 100% read ratio could potentially double the income for a given day compared to a suboptimal read ratio.
  • The author notes a mysterious pattern where the value of reads decreases as the volume of an author's stories read by a single user increases, indicating a potential flaw in the platform's valuation system.
  • The consistency in read values has improved recently, but not uniformly across all readers, which adds to the complexity of understanding the valuation mechanism.
  • The author is willing to provide insights into the financial value of individual reads, engaging readers in a interactive manner to satisfy their curiosity about the worth of their engagement.

What Are Your Reads Worth?

Let me check and tell you!

Screen grab by author

I’ve been experimenting recently to see what reads are worth. Sometimes they seem to come in at one or two cents from prolific regular readers. Other times, they come in at 50 or 60 cents!

It’s very hard to make sense of it, but one thing that’s always interesting is to know what individual reads are worth.

In one example, I have a story where four people read on 16th January and four people read on 17th January. The 16th January reads were worth 27 cents in total. The 17 January reads were worth 59 cents in total. What was the difference between the two days? The first day had an 80% read ratio. The second achieved a 100% read ratio.

So, does a 100% read ratio double the money for that day? Or to put it another way, is a suboptimal read ratio slashing the income from one day to the next? It looks that way.

In an experiment just over a week ago, my reads were showing up as ever decreasing amounts the more I read someone’s stories. That was interesting.

Then, in the last few days, read values seem to be more consistent. But not for all readers. It’s a bit of a mystery. But if you’d like to know what your reads are worth, I’ll tell you…

Read one of my older stories and comment — say you’d like to know what your read was worth. Tomorrow, I’ll check the stats and let you know! Simple.

Over to you, if you’re curious.

© Susie Kearley 2024. All Rights Reserved.

Here’s my previous story on this topic…

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