Wattpad is a storytelling platform that allows authors to share their work. Many writers wonder: “How to make money on Wattpad?” Let Life Gadgets Online lend you a hand.
1. What is Wattpad?
Wattpad is a social reading platform where users can read and write original stories. The platform, founded by Allen Lau and Ivan Yuen, aims to build social communities around stories and break down barriers between writers and readers.
2. Can you make money on Wattpad?
The answer is yes. Wattpad is more than just a personal blog or a notebook where you can scribble down story ideas. Wattpad has a variety of in-app monetization programs that you can use to make money if you have good writing skills. All you have to do is write great stories and follow the Wattpad star program guidelines.
3. How To Make Money On Wattpad?
There are 8 ways to make money from Wattpad:
3.1. Affiliate marketing
You can begin affiliate marketing, but it should not be your main source of income. When you use a special link you received from an affiliate network company to make a sale, this is known as affiliate marketing.
It’s important that the link is relevant to your Wattpad story. You could include your affiliate link if you mention a product, a book, or anything else related.
3.2. Brand Partnership
One of the best things for you after joining the Wattpad stars program is a brand partnership. Wattpad allows you to connect with brands when joining the Wattpad stars program. Brand partnerships pay more but are more difficult to find.
3.3. Buy me a coffee
This is a more deceptive method of monetizing your Wattpad writing. You could include a link in your bio to a website called Buy me a coffee, where your loyal readers can donate $5 to help you continue your work.
Many writers have done this, but now a new platform called “Patreon” is taking over.
Patreon allows you to earn money consistently. Your loyal readers are willing to support your work. You can earn money on Patreon by having loyal readers support you in writing and sharing high-quality content.
3.4. Paid Stories
Through the Wattpad stories program, you may directly support the writers in-app. Similarly, when you join the Wattpad Stars program, you have the option of locking your story and allowing only those who have paid you to view it.
Remember that not everyone qualifies for the Wattpad stars program, which allows you to participate in paid tales; most Wattpad stories are free to read, but others require payment in the form of coins.
3.5. Wattpad Books
Wattpad Books is another option for monetization. To be selected, you must have previously published one of the platform’s best, brightest, and most unique stories.
This is how Anna Todd rose to become a best-selling author for her series. It’s all thanks to publishing on Wattpad and attracting the attention of larger publishers. Her series was even made into a movie!
3.6. Wattpad Futures
Wattpad’s futures are a program that displays video ads on stories that the algorithm believes are valuable, and the reader will gladly spend 30-seconds watching the video ads.
This program is ideal for people who want to be compensated based on the number of people who view their stories. This is the best program, similar to when you are accepted into the YouTube creator program, where you are paid if more people watch your YouTube-monetized videos.
3.7. Wattpad Stars
Wattpad star is a Wattpad program through which you can gain access to new opportunities by becoming a Wattpad star. To become a Wattpad star, you must first fill out this form.
Joining the Wattpad star program may allow you to monetize your Wattpad fiction or nonfiction. Also, keep in mind that Wattpad will reactivate your account and analyze your activity.
If you want to take Wattpad seriously, I believe getting into the Wattpad star program is the best thing that could happen to you.
3.8. Wattpad Studios
Wattpad Studios is another way to monetize on Wattpad. Wattpad Studios is a program that connects your work to experts in the TV and film industries. It is similar to Wattpad Books in that you can secure publishing deals.
4. Writing tips to make more money on Wattpad
Here are writing tips that help you make more money on Wattpad:
- Focus on quality content.
- It takes time to succeed.
- Optimize for search engines.
- Be an erotica writer.
- Build your following.
- Be part of the community.
- Promote it on social media.
Through this article from Life Gadgets Online, you learn about what Wattpad is and how to make money on Wattpad. We also suggest helpful tips to help you succeed in earning money on this platform. Read our blogs to find out more information.