How to Make Money on Wattpad
Wattpad is a platform that connects aspirational writers and avid readers from all over the world. Over the past decade and a half, Wattpad has grown tremendously and as of 2020, it has over 65 million users. This only proves how influential this site can be, making it a perfect place for some writers to earn money.
Introducing Wattpad Paid Stories Program
Officially starting from 2019, writers on Wattpad can now make a living by publishing their stories on the online social networking platform.
Wattpad was founded in 2006, with its slogan being “Stories you’ll love”. However, when 2019 rolled around, it was changed to “Where stories live”. Coincidentally, 2019 is also the year when Wattpad Paid Stories Program had been put into action.
If a story is selected to be a Paid Story, the writer will be notified of this option. They have a right to refuse the title if they want their book to be free and open to anyone on the site. However, they also have the right to agree, a choice that most writers prefer.
When a story becomes a Paid Story, there will be a couple of chapters, usually the first few ones, that will be considered as a ‘Free Preview’. Other chapters outside the free preview will need to be unlocked with coins.
Readers who want to unlock the remaining chapters with coins can obtain them through two ways:
- Buying them through Apple or Google Play account
- Watching videos
Either way, the writer will be able to earn money according to the number of coins they receive.
Would you consider Wattpad Paid Stories Program?
First and foremost, you need to become a Wattpad Star. This is denoted by a small star in front of a circular orange background beside your profile picture. In the past, Wattpad stars had not been a popular title. Some people had not even known about it until they were scouted. Nowadays, the more popular mode of becoming one is through filling a form.
There are a few criterias that a user needs to follow before being eligible for being a Wattpad Star.
- Over two stories completed with more than 50,000 words
- The genre of your stories cannot be fan-fiction, classics, non-fiction, poetry or random. Unfortunately, this means that half of the users on the site who write fan-fictions cannot earn money through their current stories.
- Writer must have started on one story in the past 365 days
- Writer must have added a part to a story, or modified a story in the past six months
- Writer must have logged in onto Wattpad in the past 60 days
Once you check all of these points, you can then apply for Wattpad Star through the form. However, only a few will be hand-selected by Wattpad staffs. Being a Wattpad Star has many perks, including the plethora of resources and tools to help you grow as a writer, a community for you to connect with fellow writers who are as dedicated to writing as you are, and, as you might have guessed, the Wattpad Paid Stories Program.
Wattpad Paid Stories Program
Once you are a Wattpad Star, you can go ahead and apply your stories in the Wattpad Paid Stories Program, one at a time. Similar to how you applied for Wattpad star, you will need to fill out a form. Wattpad receives hundreds of these forms a day, so they will need some time to go through each and every story to evaluate how suitable they are for Wattpad, so do not be discouraged if the consideration is taking a long time.
There is an array of things they look for in both the story and its author. Wattpad is looking for stories with originality, quality and the ability to compel their audience to read- and essentially pay- more. The author has to be dedicated to Wattpad, meaning that they do not go on random hiatuses throughout the year and has to contribute to the platform positively.
The great thing about Paid Stories Program is that your story does not have to be popular to be a part of it. It does not need to have 230k reads or 110k likes in order to be considered for the program. All the stories will be considered equally and fairly by the experienced and professional staffs.
Once your story becomes a Paid Story, be sure to promote the book on your social media, blogs or to your family and friends to ensure that your audience is growing. This way, you can earn money from your books on Wattpad.
Happy writing and publishing!
This content is accurate and true to the best of the author’s knowledge and is not meant to substitute for formal and individualized advice from a qualified professional.
© 2020 Anny Taylor