My take on the bonuses top writers have been earning and the discussion about incentive for smaller writers.
I’ve noticed that there has been a lot of buzz around the bonuses for top writers. There are people sharing their success at receiving them but unsurprisingly far more discussing their disappointment. I’m a new member and have only just started to see my stats start to consistently climb. I went from making pennies a day to making nickels and the occasional dime!
I joke but I’m in this for the long haul and I’m just happy that I’m seeing an upward trend. What it seems like to me is that people are generally find with this bonus program they’re just unhappy that it’s going to the top earners. Smaller writers feel left out and dejected. Especially when plenty of them started to push themselves in hopes of getting these vaunted bonuses.
I don’t believe there’s any problem with Medium rewarding their top performers. It’s an excellent incentive for writers who are becoming successful to stay on the platform after all. It is also a way to waggle a reward for smaller writers so they’ll strive to do better.
The problem that I see is that I believe Medium should have more focused programs to help invest in smaller creators. I know they have new programs along these lines coming along but we don’t really have any idea what they have planned. I hope they’ve got some good ideas to help incentivize smaller creators. Regardless, I have a basic idea that I think would be great.
Okay, I said I didn’t want free money. I was kind of lying. We all want free money. Something for nothing is great! I’ll take the free money but what I really want is to earn it. I think something along the lines of a milestone reward system would be a great way to both incentivize and reward.
A few examples would be giving 10$ when someone reaches let’s say 1000 followers. Perhaps we give 20$ when someone reaches 10,000 reads? Some kind of monetary bonus when we achieve a certain overall reading time. The numbers can be changed and tweaked of course. I could be way overpricing the rewards or way underpricing. That isn’t the point.
I believe that if new writers knew that they would receive these small bonuses at certain points it would be a great…