Who doesn’t want to make some extra cash? Of course everyone does, and if it is by writing for Medium. Especially, If you are already writing articles for a blog, you can easily make money on medium. And today, I am going discuss exactly how to make money on medium.
There are so many ways to earn money online. You can turn that into the profession. Making money with medium is one of the best ways to earn by writing instantly.
What is Medium Platform?
If you have little to no idea about Medium platform, it is a blogging platform where you can post articles. And of course you can make money by doing so. Basically, Medium is one of the best blogging platforms to make money in 2020. This platform is free for writers but there is small fee for readers.
And writers makes money from readers fee not from any advertisers.
I will go details into how you can make money writing on medium in few…
Is it possible to make money on Medium?
You might be wondering is it possible, or is anyone even making money on medium just by writing?
Well, believe it or not, the answer is yes.
You can make money off medium by writing articles, promoting affiliate products or promoting your own blog if you have one.
A lot of people are writing on the medium platform and they are earning very good amount of money instantly just after writing. Medium used to pay writers for the claps an article receives. Now they pay based on how deeply members read their articles. The longer members read the articles, the more a writer of the articles earns.
How much money can you make with the medium platform?
Is it a legitimate way to make money on medium?
You will get to know all these answers in this article.
Just bear with me, you will know how people are earning through medium. Moreover, you will know how you can make money on medium.
Do you believe that a single post earned $2,059.72 ?
Before we do that, let’s see what do you need to make money on medium blogging platform.
What do you need to start making money on Medium?
If you think you have amazing writing skills, then you should join this media partner program to make money as side hustle. There are some unbelievable figures people are making money with their writing.
All you need to do is sign up with medium. There is no requirement for signing up. Anyone can join and start posting articles on Medium.
Here is the link to medium creator to sign up as a writer. You can enroll with your Google or Facebook account to create a medium blog.
Related: If you missed this viral article on how to make money on SteemIt, then you should take a look.
Earn money in the Medium Partner Program
After you join medium partner program as writer, you can make your articles eligible to earn money on medium platform.
All you have to do is write a great content, then put a check box next to “make your story eligible to earn money” and click publish. This will allow readers to review it. As soon as your article is published, you are eligible to earn money as part of “Medium’s metered paywall”.
Medium will pay you every month based on reading time and applause from medium members.
Can I make my already published articles to be eligible to earn money?
Yes, of course you can. Just follow these instructions to make your already published articles to be eligible to earn money on medium.
Now let’s see what are the niches you can write about?
Niche you can write about in Medium
You can write about anything you would like on medium platform. Based on the most popular topics on Medium, here are some niches you can write about. But I would recommend picking one niche and stick to it instead of writing about different niches.
- Medium Magazine and more
Basically, you can write about anything you name it.
Even though you can write about any niche, my recommendation would be picking a micro niche and write articles on that, otherwise your reader base will be confused. Pick something you are good at or will be enjoying to learn more about.
Here is an article on how to choose a niche to get started posting articles on Medium.
How to Make Money with Medium
So, how can I make money writing on medium?
There are 3 ways you can make money on medium:
- Writing regularly on medium
- Affiliate Marketing and
- By promoting your own blog website if you have any
Note: It’s not required to have your own blog to earn money on medium. But if you do have your own website, that will give you an extra opportunity. As I mentioned before, Medium is the only platform which allows anyone to register, post, and earn money. There are a lot of people who are making money as side hustle already.
So bottom line is you can make money on medium without a blog.
Writing Quality Articles on Medium
Making money with medium is simple than you think. Because if you have amazing writing skills then you will be paid for the writings you publish on this platform.
You do not need to fill your profile with lot of posts or even write longer content. Instead, you have to write quality informative content. People like only with informative content for which they are searching for.
If you are ready to give them a solution by providing an informative article to their questions, then people will follow you. The more followers you get more claps you can gain. And more claps you get the more value your articles going to make.
Can I pick any topic?
Yes, you can write about any topic you would like. But pick a topic where you have a lot of interest to share your experiences and your knowledge.
If you are struggling to find a topic, here is micro niche site example article for your reference.
As you notice on above screenshot that medium displays time to read the articles.
By looking at the time some readers will have an idea how informative this article would be. So write very details articles and try to help user’s problems if any.
Before writing an article, make sure that you have good knowledge about what you are going to write. Never write something which you have no idea because people might ask you questions in comments. You have to follow up with your readers by answering their questions properly.
This will increase your relationship with readers and they will like to read your content more and more, and probably they will share your article.
And that’s how an article goes viral.
You can also rank in search engines with just your article on the medium platform because the Medium platform has already better domain authority and page rank so that you can easily rank for the topic you write on medium.
You have to do one more thing to rank higher in Google which is Keyword Research. Research your keyword well to write SEO friendly articles and always target long tail keywords. The tool I use for Keyword Research and Backlinks is SEMRush which is little expensive for beginners. But there are few other best SERP checker tools you can try which is affordable.
How does Clapping Work?
So, what is medium clapping?
Clapping is basically to show the support for the medium posts which recommends the articles to the followers.
If people like your content and people engage with your content, then they will show the love to your article by pressing the clap button. The more claps you receive to your article the more value your article is going to make and it ranks higher.
If readers like the articles they will share it on top social media sites like Facebook, Twitter, Reddit and Pinterest. More shares means, your article might go viral which will get you more medium claps.
So can you earn from a clap?
Medium used to pay based on the claps from an articles. Recently, they have decided to pay writers based on the time a reader stays on the articles and enjoy it.
That means the more a reader stays on your article, the more money you will be able to make. And all this money coming from membership fee medium charges to readers. But remember, writer does not have to pay for anything. This is the way to make money from medium platform and get paid monthly.
The next thing to make money on medium is affiliate marketing.
Promoting Affiliate products on Medium
You can make huge money with affiliate programs on medium as most of the bloggers are making already. Almost 80% of the bloggers and marketers will say that their favorite method of making money online is affiliate marketing where you earn commissions.
You don’t have any idea what affiliate marketing can pay you for the successful sales. That’s the reason, most of the bloggers like affiliate marketing over AdSense.
What is Affiliate Marketing?
Affiliate marketing is one of the types of digital marketing strategy. It is a process where an affiliate earns commission by selling company’s products. Basically you will promote another person’s or company’s product through your blogging articles.
When someone buys that product by clicking the affiliate link from your blog, you will earn a commission from that sales revenue.
It’s that simple.
How to make money on medium as an affiliate marketer?
There are millions of products you can share online, and you can promote online. There are thousands of marketers who want to publish their products online by approaching the quality and top bloggers or marketers online.
Nowadays even a low-level business is targeting online, because of the actionable conversions. If you have good writing skills then it is easy to make money on medium with affiliate marketing. You can easily influence people to purchase a product with your guided content in medium platform.
Pick an affiliate program according to your niche and start making money on medium. Always remember one thing that your article should be informative, and people have to believe that you are giving the solution to purchase the product but not you are forcing. And never promote a product which you have not used yourself or don’t know anything about.
You can start picking your product and promoting on the medium profile.
How much money can you make using Affiliate in Medium?
It depends on the product you are promoting on medium post. Also depends on the company you are working with and the rate you have negotiated with them. But roughly, for each sale, you can earn commissions 1% to 45% of revenue.
If you want to be successful in affiliate marketing, it is recommended to use WordPress blogging platforms instead of medium platform.
In this linked post, you will learn about best blogging platforms for affiliate marketing.
Sell your own products on Medium
Selling your own products if you have any is another way how people make money on medium. It could be physical products or digital or it could be even services. You can promote those through your article to boost your earning through medium.
Promoting your blog/website on Medium
This is another way you can earn money using medium platform. For this you need to have your own blog.
There is nothing more satisfying than making passive income while you are enjoying your holiday trips. Blogging is one of the best ways to earn passive income.
You can make hundreds of dollars in a day or you may hardly make $100 in a year. It depends on you how much you are promoting your blog and how you are getting traffic.
Driving Traffic to your website from Medium platform
When it comes to driving traffic to your blog, you are probably already using most popular social media sites like Facebook, Twitter, YouTube and LinkedIn.
What if you come to know that you can drive huge traffic to your website by social bookmarking sites?
Medium is one of the best social bookmarking sites to save your website and to promote your website to get social traffic and reach for bloggers.
You will get excellent referral traffic, and all the traffic will be genuine. If your blog is about affiliate sales, then you can make handsome money. Of course if you can drive thousands of traffic per month through the medium.
A lot of people will just read your content on medium platform but they might not visit your site from there. But if you can create a good reader base that will follow you because of your writing, it will be easy to lead them to your site.
That traffic will help you to generate leads on your site where you will have affiliate products.
Basically, it will work just like affiliate marketing approach I just mentioned above. Instead of using medium for affiliate marketing, you will use your own blog websites for it. And you just have to drive traffic from medium to your site.
In conclusion, I just want to say that if you really want to make money and replace your regular job then follow these. Pretty much same 3 actions you can perform on your own website including many others.
So, these are some simple methods to make money on the medium. Who is going to pay you for your writings better than this platform? And if you find any alternative to medium, then please comment here, and if you like the article, please share it with your friends who are struggling to make money.