HOW BLOGGERS MAKE MONEY ON MEDIUM
Medium is not an article directory. This is very important to understand up front. This isn’t like an advanced version of the old article directories that used to spam up the internet wherever you looked.
Medium also isn’t a substitute for an affiliate site. The product heavy top-10 lists aren’t going to gain traction here because that’s not what the millions upon millions of readers there are looking for.
Medium is an online publication that really does focus on quality writing. Readers come for articles that read like you could find them in a magazine. They like informational articles. They like personal experience articles.
Quality definitely gets rewarded over quantity here.
SUBSCRIBERS VS. NON-SUBSCRIBERS
When you write an article for Medium you have a choice between keeping it open for everyone, or keeping it locked behind a Medium paywall. While it might seem like a good idea to keep the article open for everyone to see, there are actually several reasons to re-think this.
The first important detail to understand is not all views and read times count towards getting paid for an article. Only those from readers who pay the $5 monthly description count towards getting paid for your article.
While it might seem counter-intuitive, keeping your content locked behind the subscriber paywall can actually result in getting more traffic and more attention than you otherwise would.
Medium heavily promotes its content behind the paywall. This means more marketing, more promotion, and if a piece is going to be curated or featured it will almost certainly be among those articles that are for paying subscribers. In other words, by focusing on keeping your articles where you can receive direct payment for them you might also be getting the largest number of possible views.
Reading time matters whether you are trying to make money from Medium directly from getting paid for the writing, or you’re going to use Medium to drive traffic to a website or promote your expertise/services. The more attention you can get, the better.
This means working on having snappy headlines to catch attention, a solid first paragraph that will draw readers in, and then being able to quickly show authority and value. If you can show early and often you know how to tell a story with words, then you’re going to get a lot more out of the Medium platform.
Bonus payments actually are a thing on Medium. Sometimes when someone writes a really outstanding article, the human editors behind Medium want to reward it. There aren’t a lot of clear guidelines on what constitutes a bonus payment.
The feeling is that there isn’t a clear system, but sometimes a bonus payment is given to an article that an editor or reviewer finds particularly outstanding. These payments are generally $100 flat from what most writers report who have received them.
Payments to Medium members are not instantaneous, but they are paid out once per month when payment is made for the rest of the writer’s monetary earnings for that month.
While this can’t be counted on as a consistent source of income it is a possibility that is always out there.
CURATED & FEATURED
There are two terms that come up a lot on Medium when describing articles: curated and featured. So what do these mean?
An article that is curated is one that is seen as high quality enough that an editor decides to have your post recommended in one (or multiple) topics. This gives a bit more exposure and allows you to be found by readers perusing actual topics on the Medium site. How long you’ve been writing for Medium doesn’t matter: your very first article can be curated if it’s good enough.
are allowed on Medium. While spammy content can be penalized and writers banned, including an affiliate link is allowed.
You do need to disclose in the article that the links are affiliate in nature and that you get compensated for any purchases made through the links.
As with any affiliate marketing links work best when put in excellent content that builds trust and authority. If you can do this in an article, then you might just be able to harness Medium’s amazing traffic to get some solid sales off a well-placed link.
Direct affiliate sales can be another way of monetizing articles on Medium. The other option you can pick is to use your writing skills and the platform’s traffic to drive traffic to an affiliate website you own.
One of the strong points of Medium is the ability to drive traffic. Because of the sheer amount of traffic the site sees, a single article that gets a lot of attention can end up sending a large number of potential visitors to a website.
Driving traffic is one of the strongest potential ways of using Medium. Traffic here can be used to go to a website offering your services for sale, an e-book, or even an affiliate site. This is in addition to any SEO benefits or reputation building benefits that come from appearing on Medium.
PROMOTION & SEO
Medium can make money for marketers by being part of online promotion or SEO efforts. There aren’t many websites high in trust and authority that are just open to writers. While that is the main site versus your article URL, a link from Medium is in your control because you can write the article.
A link from Medium might not be the strongest in the world, in terms of pure SEO punch, but it’s a link that you can build and get for yourself on a site that is recognized as an authority by Google. There’s no denying that there’s at least some value in that!
(Read here:-25 way to boost your website traffice)
Medium is a high-traffic platform. Writing well enough to get articles curated or even featured could result not only in a major boost in traffic, but also a major boost in awareness for who you are and what services you offer.
TWO MAIN PATHS
There are generally two main paths for making money on Medium, and it’s possible to combine the two to some extent. The first is the writing route. For individuals who are very good writers but struggle with affiliate marketing, Medium can be a great way to build a writing portfolio they can actually make consistent income off of.
Direct income paid by Medium is the first main path for income.
The second is using Medium to drive traffic and boost your web properties. This is driving traffic to your website, increasing your online reach, and even boosting your reputation. Whether you’re trying to build your profile or drive masses of traffic, both can be done by writing high quality articles on Medium.
In that scenario, the money is made from converting the traffic your drive from Medium.
IS FULL-TIME INCOME FROM MEDIUM POSSIBLE?
There are a lot of numbers out there on Medium, and a full-time income indeed possible.
A majority of writers are not making that at this point but that doesn’t mean the potential isn’t there. Whether a writer first by nature, or a marketer with some writing talent, there are ways to make money from Medium.
For talented writers who also work hard to learn affiliate marketing and build passive income through building sites, they can make a full-time income using multiple strategies for both writing great articles and driving traffic while picking up the occasional affiliate sale.
(Read here :-Make money online With Google AdSense
The majority of writers are not making a full-time income on Medium based on released numbers. In fact, only a very small total number are, but that doesn’t mean it isn’t possible!
Even for those who see Medium as mainly a way to promote other sites or as a side hustle, there’s a lot of potential benefit that comes from working with this platform.
While the high end numbers are impressive, only 10% of total writers make above $100 a month and even fewer make a full-time living. Then again, there are writers making five figures on Medium: so it’s possible.
VERDICT: CAN YOU MAKE MONEY ON MEDIUM?
Absolutely. The site is really open about the numbers. There are not many writers who make a full-time living from writing for Medium. That being said, there are hundreds who have managed to do so already. That number continues to grow as more writers find everything that Medium has to offer. Writers can write articles and earn money every month by doing so.
There are many opportunities to make money writing from Medium. While most individuals do this through direct writing payments there are other options. Affiliate links and driving traffic to money-making websites are another way to take advantage of the amazing traffic that the Medium community has to offer.
(Read here:-Top 10 Ways To Earn Money Online
There are plenty of options here. While this might not be for everyone, for strong writers in particular making income from Medium can be a great way to take advantage of those skills.