Making money on Medium as a freelance writer may be simpler than you think. You can make money from your Medium articles for a long time if you put in the work. The barrier to entry is very low.
There aren’t many strong websites that are web 2.0 or allow anyone to write. However, Medium.com is an exception.
They are commonly considered an exceptionally strong website that delivers a broad assortment of options due to their 80-100 million monthly readers. That’s a lot of traffic!
Medium’s Partner Program allows writers to earn money from their writings. This is a wonderful opportunity for many individuals—particularly those who like writing or are enthusiastic about disseminating information on their favourite topic.
However, to make good money on Medium, you need to be doing more than simply producing articles. Keep looking for new methods to make your tales stand out in the crowd. The more they stand out, the more views you’ll receive and the more money you’ll make.
The tips mentioned in this article will teach you how to make money on Medium in 2023. There are extremely practical and straightforward to apply. You can get started with them now.
Table of Contents
- What is Medium?
- How to Make Money on Medium in 2023
What is Medium?
For those who have never heard of it, Medium.com may be considered the writers’ YouTube.
To get money on Medium, just as on Youtube, you need to sign up and produce excellent articles of your choice.
Medium has adopted “member reading time” as its primary metric for generating revenue on the site, much like YouTube.
In addition, if a non-member joins within a month of reading your content, you’ll get a tiny commission.
Unlike YouTube, you will not be paid if a non-paying member sees your content. However, that view may be shared, the user may sign up, and it may aid the different algorithms in bringing it to the attention of others.
More than 200 million people read the stories, articles, poetry, and cartoons on Medium every month. Many individuals sign up to read amazing material from tens of thousands of authors.
So whether you’re a voracious reader interested in a broad range of topics or want to be a writer, Medium.com is the place for you.
How to Make Money on Medium in 2023
It’s a new year, and many people are looking for new means of adding to their revenue streams. This is especially true for content creators like writers.
With writers, the first step towards earning on Medium is to sign up for the Medium Partner Program. This isn’t a tough task to accomplish.
It’s simple to join since they welcome new contributors. You must have a bank account or a debit card linked to your Medium account to receive payments. Stripe is used to process the actual payments.
This implies that you must be located in a nation that supports Stripe to receive payments. However, Stripe is not yet available in every country. As a result, you’ll have to verify whether or not your residential address meets the criteria.
Read on if you want to know how to make money on Medium in 2023.
Write Evergreen Content
Evergreen content can get a lot of attention for a long time to come. If you write on a topic limited to a certain period, you’ll receive a few views quickly, but that’ll be all.
If you write on a topic limited to a certain period, you’ll receive a few views quickly, but that’ll be all. Some writers have made hundreds of dollars just publishing evergreen content. That’s the kind of content you want to produce.
Remind Your Readers of Previous Articles.
This new Medium tool lets you notify your email list about a previous piece. This feature doesn’t work on the app, but it works in the web browser.
A simple three-dot menu at the bottom will bring up a drop-down menu where you can pick “Email to subscribers.”
This shouldn’t be used too often. It should only be done once a week. You shouldn’t bombard your readers day in and day out.
Create Content That Increases Traffic To Your Articles
We’d all want to see an increase in the number of people visiting our content. After all, more traffic equates to increased reading, and increased reading equates to increased revenue.
It should be self-evident that you will get fewer views if you write about items that aren’t widely read on Medium.
Aside from that, it should be quite obvious that writing already popular articles will increase your visibility.
So, what are the expectations of the audience? You should be creating how-to articles, opinion pieces, tutorials, and other content.
Change Your Story Titles.
Another helpful tip is to modify the headline of your post if it hasn’t received any traction. It will be given a fresh lease of life as a result. It may also earn you extra income.
Sometimes we have a terrific article, but it doesn’t get clicked since the headline isn’t particularly enticing. Changing it will hopefully make it more attractive. Even better is to spend extra time to come up with a good title.
Tags for the Top Writers
Another method for gaining more views is to make sure your articles include Top Writer tags. It’s a good idea to utilize tags, even if they don’t count toward your Top Writer rank. Using the write tags will give you a good chance of increasing your visibility, making you more money on Medium as a writer.
Contribute Articles to the Relevant Publications
In the past, I’ve noticed that stories written for publications get more attention than stories written for people to read alone. This makes sense as a beginner writer since the publications have more followers than you. As a result, a larger audience will be exposed to your work.
Keep an eye on it since anything might happen in the future. New publications may emerge to fill the void left by the disappearance of certain older ones. So keep experimenting. Be flexible and ready to respond to any changes that occur.
The likelihood of generating money from a single story written by a rookie writer is quite low. As with any blogging site, the key to being a successful writer is to publish great content. Lots of it, too.
There are several possibilities to earn money writing on Medium. While most persons do this by direct written payments, there are other methods. Articles with affiliate links are an option. So is sending visitors to money-making websites.
These are real ways to get paid as a freelance writer on Medium.
There are a plethora of choices available. While this may not be for everyone, for good writers, in particular, making money on Medium can be a terrific method to make use of their abilities.