How to Make Money on Medium: A Comprehensive Guide
Are you looking to monetize your writing on Medium? Whether you’re a seasoned writer or just starting out, there are several ways to turn your words into cash. In this detailed guide, we’ll explore various methods to help you make money on Medium.
1. Medium Partner Program
The Medium Partner Program is one of the most popular ways to earn money on the platform. To qualify, you need to have a certain number of followers and meet other criteria set by Medium. Once you’re accepted into the program, you’ll earn a share of the revenue generated from ads displayed on your articles.
| Requirements | Description |
|---|---|
| Minimum Followers | 1,000 followers |
| Minimum Articles | 10 articles |
| Minimum Engagement | 100,000 total reads |
2. Affiliate Marketing
Affiliate marketing involves promoting products or services and earning a commission for each sale made through your referral. You can join affiliate programs related to your niche and include affiliate links in your articles. Make sure to disclose your affiliate relationships to maintain transparency with your readers.
3. Sponsored Posts
Medium offers sponsored posts, where brands pay you to write articles about their products or services. To get started, you can apply to become a sponsored writer or reach out to brands directly. Keep in mind that sponsored posts should be clearly labeled as such to comply with Medium’s guidelines.
4. Self-Publishing
Consider self-publishing your own books or eBooks on Medium. You can write and publish your work on the platform and earn money through reader subscriptions. Medium offers a 50/50 revenue split, so you’ll receive half of the subscription fees.
5. Donations
Encourage your readers to support your work through donations. You can add a donation button to your Medium profile, allowing readers to contribute directly to your wallet. This method is particularly effective if you have a loyal following and provide valuable content.
6. Medium’s Partner Membership
Medium’s Partner Membership is a subscription-based service that gives you access to exclusive features and a share of the platform’s revenue. By becoming a member, you’ll receive a portion of the subscription fees paid by readers who choose to support you. To qualify, you need to have a certain number of followers and meet other criteria set by Medium.
7. Medium’s Partner Program for Creators
Medium’s Partner Program for Creators is another way to earn money on the platform. This program is designed for creators who produce video, audio, or interactive content. If you create multimedia content, you can apply to join this program and earn a share of the revenue generated from your work.
8. Medium’s Partner Program for Publishers
Medium’s Partner Program for Publishers is aimed at established publishers who want to monetize their content on the platform. By joining this program, you can earn a share of the revenue generated from ads displayed on your articles. To qualify, you need to have a certain number of followers and meet other criteria set by Medium.
9. Medium’s Partner Program for Events
Medium’s Partner Program for Events allows you to host and monetize events on the platform. You can create and promote events, and earn a share of the ticket sales. This program is ideal for writers who want to engage with their audience in a more interactive way.
10. Medium’s Partner Program for Brands
Medium’s Partner Program for Brands is designed for companies that want to promote their products or services on the platform. By joining this program, you can collaborate with Medium’s editorial team to create sponsored content and reach a wider audience.
By exploring these various methods, you can find the best way to make money on Medium. Remember to focus on creating high-quality content, engaging with your audience, and building a strong presence on the platform. With dedication and persistence, you’ll be well on your way to turning your writing into a profitable venture.
