In today’s digital age, the dream of making money writing on medium or anywhere in the world is more attainable than ever. One platform that has revolutionized the way writers can achieve this dream is Medium. With its user-friendly interface and robust community of readers, Medium offers writers the opportunity to turn their passion for writing into a source of income.
Welcome back to ftalk! Indeed, Writing and making money as a writer are two different things. While some people are interested in writing solely for sharing their knowledge and experience about different things in life, several others will love to get paid for it.
Therefore, As indivdual looking to share your stories, insights, or expertise with a global audience and get paid in the process, medium is one of the best platforms for that.
What we will discuss
- What is medium
- Setting up your medium account
- Make Money with Medium partner program
- How to improve your earnings on medium
- Other Monetization strategies on medium
- Conclusion
What is medium?
Medium is a place where everyone can share their stories and ideas. It’s open to all, with topics ranging from technology to personal experiences and creative writing. It’s great for beginners who want to start writing.
Medium’s goal is to give a voice to writers by allowing them share their thoughts. It’s not just for writers but also for learners. Unlike regular social media, Medium conversely focuses more on the quality of what people write than how popular it is. You can see writing on medium as another side hustle.
Read about top side hustles for Nigerian to earn extra 500,000 per month
Setting up your medium account
Create an account
To set up your Medium account, start by visiting Medium.com. Then, Sign in using Twitter, Facebook, Google, or your email. If you choose Twitter, Facebook, or Google, you’ll need to allow Medium to access your account info and agree to their terms.
Next, provide your email, name, and desired username if you opt for Twitter, Facebook, or Google sign-in (your profile will be https://medium.com/username). Verify your account via email sent by Medium. After verification, select your interests and you are good to go.
Set up your profile
Go to your profile by clicking your profile image in the top right corner of the homepage. There, click Edit to update your name, bio, and profile picture. A strong bio is essential to demonstrate your expertise, define your Medium presence, and build a dedicated audience.
If you aim to drive traffic to your site, include your website link in your bio. Once saved, it will automatically become a clickable link.
Connect your social accounts
By connecting your social media accounts such as Facebook and Twitter to Medium, you not only provide a gateway to your social networks but also instantly expand your audience on Medium. Followers from Twitter or Facebook who are also on Medium will automatically follow you there.
Ensure that you enable the option to display links to Facebook and Twitter on your profile page if you wish these social media links to appear on your Medium profile.
Make money writing on Medium with the partner program
What is medium partner program?
Medium Partner Program is how medium manages writers who would like to earn money from their writing. While it might not make you rich, it can put some extra bucks in your wallet. Writers who have lots of followers on Medium can earn good money from their writing.
To earn from medium, you must join the Partner Program. It is Medium’s way of sharing revenue with writers who meet its criteria.
How does it works?
Writers who qualify can join Medium’s Partner Program. Once in, they can lock their stories for paid Medium members only. Writers earn money when these members engage with their stories by reading or listening, clapping, commenting, and more.
If you want to write on Medium and start earning money through the Partner Program, follow these steps:
- Set up an account on Medium as discussed above
- Become a paid members of Medium click here to out more
- You need to be from one of the approved countries. While more countries may be added in the future, currently, writers outside of this list cannot join the Partner Program. Nigeria is on the approved list.
- You need a Stripe account because Medium pays exclusively through Stripe!
Once you meet the criteria, apply for the Partner Program here.
Once approved, you’ll get an email accepting you into the program and asking you to agree to their terms, set up payments with Stripe, and fill out tax forms.
How much can you earn writing on medium
How much your earn on medium is a factor of engagements, boost , read time and followers count.
Post/Articles Engagement
A significant portion of the money is determined by reader engagement. This includes how long they read or listen to your stories, whether they clap, highlight, leave comments, or follow you after reading.
Post/Article Boost
Medium employs a team of in-house editors who evaluate stories. If they find a story to be of high quality, they may “Boost” it.
Consequently, the boosting process enhances the story’s visibility and reach, allowing a larger audience to see it. as a result, the post can experience increase in reads, higher engagement, and new followers, thereby generating more income for the writer.
Followers count
If a reader follows you after reading your story, it counts as engagement and generates revenue. But what about existing followers?
You still earn money from their engagement with your story, and the earning model applies a multiplier to your engagement-based earnings for each existing follower who reads your story.
Additionally, if you publish your story in a publication, engagement from the publication’s followers also counts in this model.
Edit without mercy
How to improve your earnings on medium
To make money off your writing from medium, your goal is to engage the readers as much as possible to get a reaction from them. We have been reading and studying a lot on the platform and these are few tips that are consistent across articles that does well.
Adopt the use of lists or bullets to organise your text
Medium’s clean and elegant design focuses on text and images, making bullets or numbered lists effective. They clarify the order of ideas and enhance readability, crucial for mobile users. Lists provide readers with a sense of progression and completion, while also lending a professional look to your article.
Write quality articles
Ensure your articles are of good quality. Quality content attracts and retains readers. Engaging, informative, and well-written articles encourage readers to spend more time and recommend to others. Quality articles also reduce bounce rates.
Write Without Fear; Edit without mercy
Pick a profitable niche/Topic to write on
Becoming a successful writer on Medium takes time and planning. It’s important to carefully choose topics you know well and feel confident writing about. Developing a consistent voice that readers recognize is crucial. Concentrating on a few main topics helps establish your authority and recognition as a writer in those areas on Medium.
Publish consistently
Consistency is important for building your medium profile. Working hard and keeping your writing high-quality and in line with Medium’s rules is crucial. Posting every day helps your articles get more views and keeps your stats active with views, reads, and new followers.
Keep the reading time reasonable
Sometimes articles can be as long as 10 to 16 minutes to read, but it’s not always sustainable. Everyone writes differently based on their inspiration, but it’s important to consider the length of your content.
For a general guideline, aim for articles that are between 4 to 8 minutes in length. However, longer articles like comprehensive guides can be appropriate if they run up to 16 minutes. The key is to maintain a reasonable average length for most of your content.
Long article is your friend
Your earnings depend on reading time, so shorter articles generate less income. A 2-minute poem isn’t equivalent to a 6-minute story. For instance, to match 6 minutes of content, a 2-minute poem would need three complete readings.
Advertise yourself; Link your old articles in new ones.
One effective way to revive older articles is by referencing them in new articles. This gives previous content a second chance and provides value to readers interested in your topic. Similarly, when discussing personal finance, referring to related articles can yield better results compared to mentioning unrelated topics.
Explore on at least one topic that you are not familiar with
You can explore unfamiliar topics anytime to gauge your readers’ reactions, Like if you typically focus on personal finance, business, and sales.
Don’t start writing three health and fitness articles consecutively as it may lead to confusion for your current readers. Establish yourself as an authority in your chosen themes before integrating other topics in a cohesive manner.
Monitor your statistics regularly
Track your analytics to discover when your followers engage most with your content. Medium employs only 50 curators who oversee submissions worldwide. If you use a Publication, understanding its editor count is crucial as it affects article evaluation times.
Despite Medium’s claim that posting time doesn’t affect visibility, different reader groups have peak engagement periods. Monitor your posting times for articles on similar topics to identify patterns and determine the best times to publish specific content.
Other Monetization strategies on medium
While you’ll be trying the Partner Program to earn on Medium, you might also want to explore other opportunities. These are few other ways writers make money on this platform.
- Promote your business or brand.
- Affiliate marketing – Link to your products in your articles
- Set up tipping and add a payment link to receive tips from readers.
Conclusion
In summary, No matter how much time you invest in writing on Medium, there’s always more to learn. Success requires tackling tough challenges and putting in consistent effort.
Becoming an expert requires practice and study, with no shortcuts to true fulfilment. I hope this helps as you begin writing on Medium and start earning.
Thanks for reading
Till next time.
Cheers ❤️
