Are you curious about how much can writers earn on Medium in 2024? Medium has transformed the landscape of online publishing, offering a unique platform where writers can turn their passion into profit. With its thriving Medium Partner Program, Medium provides a space for creative expression and a substantial income stream for those who master its dynamics.
This article delves into the ins and outs of how much you can realistically expect to earn on Medium this year. Even more, it provides you with a secure and trustworthy understanding of the potential earnings and uncovers the strategies that can help you maximize your income while doing what you love.
So, continue reading if you want to learn more!
Writers are paid based on the time Medium members spend reading their stories. The earnings are derived from the members’ subscription fees, divided proportionally among the writers they read.
Understanding Medium's Partner Program: A Guide for Writers in 2024
Medium's Partner Program (MPP) has become a beacon for writers seeking an audience and income. As we move through 2024, the program continues evolving, shaping how writers publish and profit on the platform. So, here's a closer look at how the Partner Program works and what you need to know to start earning.
What is the Medium Partner Program?
Launched in 2017, the Medium Partner Program allows writers to earn money based on the engagement their stories receive. Rather than relying on traditional advertising, Medium compensates writers through a reader-centric model that emphasizes quality and reader interest. Writers earn money when Medium members read their content, with earnings tied directly to the time members spend reading and interacting with their articles.
How The Medium Partner Program Works
The Medium Partner Program allows writers to earn money based on reader engagement from their stories. Here's a straightforward guide to understanding how it works and what you need to join.
Understanding the Eligibility Requirements
To join the Medium Partner Program, you must:
- Have a Medium Account: Sign up for a free Medium account.
- Be 18 or Older: You must be at least 18 years old.
- Have a Published Story: You must have a published story within the past six months.
- Be in an Eligible Country: You need to be in a country eligible for the Medium Partner Program and can file taxes.
Continent | Countries Eligible for the Medium Partner Program | |||
|---|---|---|---|---|
North America | United States, Canada, Mexico | |||
Europe | United Kingdom, Germany, France, Spain, Italy, Netherlands, Sweden, Norway, Denmark, Finland, Ireland, Belgium, Switzerland, Austria, Luxembourg, Portugal | |||
Asia | India, Japan, South Korea, Australia | |||
Middle East | United Arab Emirates, Saudi Arabia | |||
Africa | South Africa, Nigeria, Kenya | |||
South America | Brazil, Argentina | |||
Oceania | New Zealand | |||
Joining the Program
1. Sign Up: Visit the Medium Partner Program Page and sign up.
2. Set Up Payment: Link your Stripe account to your Medium account to receive your earnings.
3. Publish Stories: Write and publish your stories on Medium. Ensure your content adheres to Medium's guidelines.
How Much Medium Pays Writers per View in 2024
Medium does not pay writers per view in the traditional sense. Instead, earnings are based on member reading time and engagement metrics as seen on the image below.
Here's a closer look at how the payment system works and what writers can expect to earn.
Medium's Payment System
Medium compensates writers through its Partner Program, which pays based on the time paying members spend reading their stories. So, this only means that rather than getting a fixed amount per view, earnings are tied to how engaged readers are with the content.
This video discusses a few excellent ways to maximize your profit. Here, Kristina God and other Medium writers share their monthly earnings, which range between $500 and $1,000, as well as tips to get the most out of this platform. This aligns closely with my own experience. Initially, my earnings were modest, but they increased as I better understood the platform and engaged more effectively with my readers.
Here's how the system translates to real-world earnings:
- Reading Time: Assuming the same rate, if a writer's articles accumulate a total of 1,000 minutes of engaged reading time in a month, they could earn between $50 and $300 for that month.
- Positive Interactions: Medium also considers positive interactions like claps, highlights, and comments, which indicate reader engagement and satisfaction. Higher interaction levels can enhance the visibility of your story, leading to more reads and, consequently, higher earnings.
- Follower Bonus: Medium rewards writers with a bonus for their followers' engagement with their stories. Writers can earn an additional bonus based on their followers' engagement.
- Boost Bonus: Medium provides a boost bonus for stories that perform exceptionally well or go viral. This bonus is allocated to stories that receive substantial member engagement. Therefore, the amount varies but can significantly increase a writer's earnings for popular articles.
Based on Kristina God's video, she initially earned .17c at the start of her career in 2021.
After a year, her earnings increased exponentially, allowing her to earn $500 the next year.
Putting content on a regular basis can also help with boosting your earnings. Therefore, it's an excellent strategy to ensure that you're getting the most out of the platform.
However, there are times when writers aren't eligible for the program because of their location and other factors. Here's what ineligible writers will see:
Tracking Your Earnings
Medium provides a dashboard where you can:
- See Your Earnings: Monitor your earnings from member reading time and referrals.
- Get Insights: View which stories perform well and generate the most income.
How to Maximize Your Earnings in Medium
To succeed in the Partner Program, writers must focus on quality and reach. Here are some tips to maximize your earnings:
- Create Engaging Content: Write articles that resonate with your audience. Focus on topics you're passionate about that readers will find valuable. List posts like My Favorite Website To Help Me Write an Essay might do well. Just remember, "high-quality, well-researched content tends to attract more reading time.
- Build a Following: Engage with readers and fellow writers. The more followers you have, the more potential readers you can reach with each publication. Use social media and other platforms to promote your Medium stories.
- Utilize Publications: Submitting your articles to Medium's various publications can significantly increase your visibility. Also, publications often have large followings and can help you reach a broader audience.
- Leverage Referrals: Promote your Medium referral link to attract new members. So, if you have a solid online presence or an engaged audience elsewhere, encourage them to join Medium through your referral.
Conclusion
Medium offers writers a dynamic platform where passion meets profit through its evolving Partner Program. In 2024, the potential earnings for writers hinge on creating engaging content that resonates with Medium’s paying members. Therefore, by understanding and leveraging the intricacies of the Partner Program—such as earning through member reading time, positive interactions, follower bonuses, and boost bonuses—writers can turn their creativity into a sustainable income stream.
So, whether you're just starting or looking to optimize your current strategy, Medium provides the tools and opportunities to succeed. As the platform continues to grow, it remains a fertile ground for writers to not only express themselves but also to achieve financial rewards while doing what they love.
Explore the possibilities, refine your craft, and engage with your readers—Medium can be more than just a platform; it can be a significant part of your writing journey.