3 Simple Ways to Increase Your Medium Earnings
With the changes in algorithm, it’s time to step your game up.
Unless you’ve been hiding under a rock for the past month, you’re probably aware of the sudden shift in Medium’s algorithm. Top writers like Shannon Ashley and Shaunta Grimes have reported a steep decline in their earnings, and they aren’t the only ones.
It seems that the old curation system has been done away with. Those writers whose stories were chosen for distribution were frequently at the top of the reading list. Articles that were published months, even years ago on the Medium platform could still easily find their way out to new readers.
Now, it seems that the website is taking an “out with the old, in with the new” approach by prioritizing stories based on what readers are interested in seeing.
Truthfully, it’s not the end of the world. Earnings reports might be a little wonky for the next few months while certain elements settle into place, but it doesn’t necessarily mean that you should give up or move away from the platform altogether.
Respect the Symbiotic Nature of Medium’s Community
Look, you don’t have to interact with the community if you don’t want to. However, you’re going to have a much harder time finding new readers for your stories.
Medium’s paywall is based on member reading time. My article on How to Increase Your Onlyfans Earnings receives hundreds of views per day, but the only views that make any money are from readers who have a Medium membership.
Typically, those people are your peers, the people who enjoy reading just much as they enjoy writing. They’re not solely here for the earnings, they’re looking for someone that can relate to their daily struggles, their values, goals, and ideas.
Think about it…they could be on literally any other platform, but they’re on Medium.
When other readers see my comments, it opens the door for a connection to be made and a discussion to be had. By showing a genuine interest in their lives, you give rise to curiosity in others about who you are.
If you like the theme of a story, don’t just clap for it…read it.
Start a Publication
Publications are an incredibly useful tool on the Medium platform, and quite frankly, they aren’t used often enough!
It’s hard for new writers to “niche down,” especially when they’re not entirely sure what direction to take in the first place. Publications give your stories a home. So, when readers come to your page for a specific topic, they know exactly where to find what they’re looking for.
Back in June, I became obsessed with the stock market. Thanks to COVID, share prices were at an all-time low. I started doing my homework, soaking up all the information that I could and used it to create dividend income.
The thing is, it took months to find solid, reliable sources…and I know I’m not alone in the hunt for good stock market tips.
That inspired The Millennial Investor, a publication I started last month with the intent of publishing every Sunday.
Missed the mark on that one, obviously.
You’ll probably stumble a little too, and that’s okay. The key is to plan topics and outlines ahead of schedule. Aim to complete two to three blogs per week, and publish them on a specific day so that your followers know when they can look forward to the next read.
Treat your publication like a professional would, and you’ll reap the rewards. Be consistent, and remember that quality far outweighs quantity.
Don’t Be Afraid to Write Shorter Pieces
Speaking of quality, don’t try to pump out an article a day if you know that the quality is going to be trash. There are some highly talented, skilled writers on this platform who can produce blog after blog without sacrificing any value.
However, it takes time to get to that level. Even then, top writers like Ashley experience burnout just like the rest of us.
There’s a lot that can be said in less than 1,000 words as long as there is value behind it.