Medium is an online publishing platform that allows writers and content creators to share their ideas and connect with a large audience. The platform has grown in popularity over the years, and many writers are using it to monetize their content. In this article, we’ll discuss how to make money on Medium.
1. Become a Medium Partner
One of the easiest ways to make money on Medium is by becoming a Medium Partner. Medium partners are writers who have joined the Medium Partner Program, which allows them to earn money from their writing. As a Medium partner, you can earn money based on how much time Medium members spend reading your content. Medium calculates earnings based on a combination of member reading time and applause (Medium’s version of a like).
2. Write High-Quality Content
To earn money on Medium, you need to write high-quality content that people want to read. This means writing engaging and informative articles that add value to the reader. You also need to write consistently, so your audience knows when to expect new content. Writing about topics that are in demand, but with your own unique voice, can help to attract and retain readers.
3. Promote Your Content
Promoting your content is essential to attract readers and build a following. Share your articles on social media platforms such as Twitter, Facebook, and LinkedIn. This can help to drive traffic to your articles, increase your readership, and help you to earn more money. You can also join Medium groups related to your niche, engage with other writers, and share your articles there.
4. Utilize Medium’s Curation System
Medium’s curation system can help to increase your readership and earnings. When you publish an article on Medium, it goes through a curation process, where Medium editors decide whether to feature your article on the Medium homepage or in topic-specific feeds. If your article gets featured, it can attract a significant number of readers, and this can help to increase your earnings.
5. Offer Exclusive Content
Another way to make money on Medium is by offering exclusive content to your followers. You can create a paid subscription plan for your followers, where they pay a monthly fee to access your exclusive content. This could be in the form of long-form articles, podcasts, videos, or e-books.
6. Work with Publications and Brands
Finally, you can make money on Medium by working with publications and brands. Some publications pay writers to contribute content, and this can be a great way to earn money on Medium. You can also collaborate with brands on sponsored content and sponsored posts. When doing sponsored content, it is important to disclose that it is sponsored and be transparent with your readers.
In conclusion, Medium is an excellent platform for writers and content creators to monetize their content. By becoming a Medium partner, writing high-quality content, promoting your articles, utilizing Medium’s curation system, offering exclusive content, and working with publications and brands, you can earn money on Medium. It takes time and effort to build a following on Medium, but with persistence and dedication, it is possible to make money and grow your audience.