Many article directories on the web have been penalized by Google and no longer rank well in the search engine results pages (SERPs).
But Medium, a blogging platform is structured differently to an article directory. Medium is a blogging platform that receives high rankings in Google and helps featured writers receive high rankings for their content.
For those wanting to make money blogging on Medium, there are a couple of options available. The first being, affiliate marketing.
For those of you that don’t know what affiliate marketing is, it is a transaction that occurs when someone (an affiliate) refers an interested customer to a merchants sales page.
When the customer buys, the referrer (affiliate), receives a commission. Affiliate marketing can be profitable for both the affiliate and the merchant with some affiliate commissions being up to 75% or even 100% of the purchase price.
The 100% commission is usually only offered on the front end product (the first product in the sales funnel). The merchant offers 100% commissions on the front end product to increase sales and to build their email list.
The second way to make money on Medium is to become a member of their partner program. This program is a revenue sharing program.
It works by people that want to read more than the allowed 5 Medium articles every month, paying for a Medium subscription. The subscription costs $5 per month.
The revenue sharing program works by Medium’s subscribers having unlimited access to articles and then selecting which articles they like and clicking the ‘hand clapping’ symbol, applauding article that they think is good.
Every time the clapping symbol is clicked Medium pays the article’s author part of the subscriber’s fee.
The actual amount can vary. If the subscriber is an active reader and reads lots of articles and frequently claps, the amount may be smaller than a not so active subscriber that only occasionally claps.
The amount the author can receive ranges from $0.01 – $2. Depending upon the number of claps an author receives, monthly payments can total up to thousands of dollars.
But this would mean the author has a large following and gets regular engagement for articles they write month after month.
If you are only getting started on the Medium platform, don’t expect to receive substantial paychecks unless your article’s topic is trending.
But it is still advisable to join Medium’s partner program as with each article you write if your content is of interest to Medium’s readership your content’s engagement will grow along with your monthly payment.