Maximizing Earnings with the Updated Medium Partner Program
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Chapter 1: Understanding the New Medium Partner Program
Have you been negatively impacted by the recent changes to the Medium payment system? If so, these somewhat ironic yet practical strategies can help boost your income.
The new remuneration structure introduced in 2023 has altered how earnings are calculated. The key metric now is the read-through rate, which is defined differently than before. An article is only considered read if a reader remains on the page for at least 30 seconds. If your read-through rate is low, it may be due to clickbait tactics or subpar content. Here are some tips to enhance your article quality.
Section 1.1: Boosting Your Read-Through Rate
Start with a Hook
Utilize an eye-catching image, ideally something dynamic. Even if readers don't appreciate your content, a captivating visual can pique their curiosity enough to keep them engaged for that crucial 30 seconds.
Avoid External Links
Linking to other articles, like the one detailing the updated remuneration scheme, can be detrimental. If readers click away within the first 30 seconds and don’t return, your read-through rate will suffer. Therefore, refrain from including links in your articles!
Keep Articles Concise
Since read-throughs are counted only after 30 seconds, aim for brevity. In a world dominated by TikTok, few people have the time for lengthy reads. I recommend crafting articles that can be consumed in about two minutes or less. A striking visual at the start can also allow for a shorter text.
Subsection 1.1.1: Selecting Accessible Topics
To maximize your earnings, focus on subjects that resonate with a wide audience. Medium tends to favor content that appeals to the general public over niche topics. For instance, while a well-crafted article on Python programming may be informative, if the curators lack familiarity with the subject, it’s less likely to gain traction. Opting for universally relatable themes, such as personal development, can enhance your chances of visibility and engagement.
Section 1.2: Enhancing Reader Engagement
Encourage your family, friends, and colleagues to interact with your articles. Their engagement should include claps, reading for at least 30 seconds, commenting, following, and highlighting your work.
Chapter 2: Conclusion
If you’re interested in my candid thoughts regarding the updated Medium Partner Program, I invite you to read my article: "The New Medium Partner Program is Bad for Quality Writing! (2023)."
The first video titled "How to Make Money on Medium (Without Stripe)" provides insights into alternative revenue strategies on the platform, which can complement your understanding of the new partner program.
The second video, "How To Make Money Writing On Medium WITHOUT The Medium Partner Program," explores different avenues for monetizing your writing outside of the traditional partner framework.