Can you make money on Wattpad? That’s what most people are wondering when they are deciding on a platform to publish their stories. In this article, we will answer all of the essential questions related to publishing on Wattpad and making money and, provide clear answers on how to make as much money from Wattpad as possible! If you’re interested in publishing your story for profit, read on!
What is Wattpad?
Wattpad is a free app that allows users to upload and share content with other members of the community. There are over 100 million active readers each month, which means there is plenty of traffic to be had if you can write a good book or story! Wattpad’s audience is very diverse, so there are many opportunities to find your target market.
This platform allows authors to publish their stories and readers to like stories they enjoy, absolutely free.
Wattpad is a medium for storytelling.
The goal of the app is to provide a platform where anyone can share their stories – whether that’s fiction, poetry, nonfiction, or something else altogether.
Yup, I know you read the “absolutely free” part!
So, with that being said, can you make money on Wattpad? And if so, how and how much!?
Can You Make Money On Wattpad?
Technically, no. It’s a platform that allows users to upload their media and share it with others for free.
If you are very creative, however, (or if you read this post * insert smug-face emoji here*) you can make money via this platform in a few different ways.
How Much Money Do Wattpad Writers Make?
In general, writers on Wattpad do not typically make money.
However, most successful writers will see their work published on the app and then make money via other platforms like Kindle or another publishing company! That’s why it is worth your time to publish your story on Wattpad because that could be a stepping stone for future success in this industry.
It really depends on how much you want to make.
If your goal is to be a millionaire Wattpad writer, then you might want to quit now.
Wattpad does not typically offer the same opportunities for success as other platforms like Kindle or IngramSpark do.
However, if money isn’t what motivates you and instead you’re looking for an audience of readers, then Wattpad might be for you.
Wattpad is a great place to build an online community and find supporters who share your interests.
It’s also a good place to get feedback on your writing before investing too much time or money into publishing elsewhere!
How Does Wattpad Make Money?
So, we know Wattpad is a profitable business in itself, how does it make its money?
Wattpad generates revenue by hosting advertisements on the site.
It’s a platform of free content, but it is able to monetize because of ads that are displayed throughout the app.
They also have paid subscription plans that offer more benefits to users, like an ad-free experience.
Is It Worth Publishing On Wattpad?
f you’re looking for a platform where readers will be able to read your stories and interact with them in ways other than liking or commenting on the posts, then it is worth publishing there!
In addition, if you are witty, you can use the platform to generate a decent amount of income following these 6 tips on how to make money on Wattpad!
9 Creative Ways To Make Money On Wattpad
- Wattpad Stars Program
- Externally (Via Patreon or Other Platforms)
- Provide Extra Content (Audio or Video) in Exchange for a Fee
- Selling Merchandise
- Advertising Related To Your Story On Wattpad Site
- Buy Me A Coffee
- Paid Stories Program
- Affiliate Marketing
- Brand Sponsors
Join The Wattpad Stars Program
Did you know that there is a way for Wattpad members to monetize their writing?
Since you can’t really make money on Wattpad currently, this might be a good opportunity for writers who are looking for another way to make some dough.
Joining the Wattpad Stars Program means that you can charge money for your stories and have advertising related to them featured on the site.
If you join this program, then you’ll be charged about $4 per month and will be entitled to a decent amount of benefits like special discounts, inclusion in contests, and more.
While it’s not going to replace your day job or anything, it could help with things like rent if your book becomes successful! Plus, by linking your Wattpad account to a bank, you can even withdraw money from your earnings.
Provide Extra Content (Audio or Video) in Exchange for a Fee
Do you have other content related to the story that people might be interested in?
One way of making some bucks is by providing an audio version of your book on Audible, Amazon, or in other places.
By doing this, people can listen to your work and take something away from it without having to read the whole thing! You could also provide a video version of the story for those who prefer that format over text.
There are many platforms that allow you to turn your text into video using royalty-free videos. The one I use is Vidnami.
If you want more ways to make some cash on Wattpad, then you might want to consider selling merchandise.
Many writers sell t-shirts, posters or other products on sites like Teespring and Zazzle. The opportunities are really endless!
If your book is a holiday-themed story, for example, you could make some cute Christmas tree decorations or hot cocoa cups with the title of your book on them.
Selling merchandise is a great way to make some extra money while also promoting your work!
If you have your own website, promoting your merchandise will be very straightforward and should convert pretty well.
Advertising Related To Your Story On Wattpad Site
Wattpad has advertising related to their site that they sell, but you can actually buy a package of ads and promote yourself or even other people’s stories as well!
If you have a story that has a lot of followers or is really popular, then it’s worth buying an ad to promote your own work.
It might not bring in tons and tons of money, but it will help with visibility on the site.
You can also use these ads for other people as well by just linking their stories.
Create A Patreon Membership
Patreon is a site where people can donate to an artist on a monthly basis in order to help them support their work and get exclusive content!
For those who want more than just the occasional story from Wattpad, you could create a Patreon account that allows your followers to donate a small amount of money each month to help support your work on Wattpad.
This is a really great way for those who want another form of income and just need that push in order to do so!
Earning $50 per story on Patreon (as an example) would be more than you could make from the site, but it would be a steady stream of income.
If you’re really good at what you do and have a lot of followers, then one way to earn money is by getting sponsorships for brands like clothing companies or food products that want to advertise on your page.
You can get paid anywhere from $500-$5000 depending on the company and what they’re looking for.
The great thing is that you get to pick who it’s from! So, if you have a story with some food or drink in it, then this would be an excellent way to find sponsorships related to your work.
All in all, no one has to starve to death because they’re not making enough money from their stories.
Some of these solutions are more passive and others are more active, but it’s always good to have a backup plan!
Use this article as a guide for how you navigate and leverage your Wattpad success and you’ll be able to make the most of the platform!