By in Writing

How to Protect Your Writing Investment

Paid to write web sites (PTW) pay users in two main ways. First, they offer some sort of revenue sharing program that pays out based on advertising revenues. The site is paid so much per ad impression , and in turn it pays a percentage of its earnings to its users. This often takes the form of compensation for views, likes, comments, or social media sharing of the content. Most paid to write web sites today offer this form of compensation to the writer, and in many cases this is the only revenue the user will see.

A second form of compensation comes in the form of work for hire , in which the writer receives a specific assignment and is paid a fixed amount for delivery of the work. This sort of upfront payment is less common on content creation sites that display their users' writing directly on the site. However there are a number of freelance writing sites that pair writers up with clients who need writing done for a blog, web site, or social media account. The work is still paid to write, but in this case the payment is tied to delivering what the client asked for promptly, rather than on how many people view the content.

Risks of Paid To Write Work

All freelance writing involves a certain degree of risk, but because paid to write web sites act as a middle man between writers and the clients or advertisers who pay for the writers' work, the risk is greater. If a given web site decides to change the terms of its compensation program or to enforce different eligibility requirements, a writer can suddenly find income cut out completely or at least drastically reduced.

T he founder of one paid to write site infamously told users, “This is not your job.” The message was clear: freelance writers are not considered employees of a paid to write company and have no job security. Programs can change at any time, without notice. And when thousands of users lose what was once a steady stream of income due to a change on the site, there is no recourse.

Writers who talk of loyalty to a site should beware: the first loyalty the administrators of a paid to write company owe is to their investors or shareholders. Even recognized employees come second to the company's bottom line. The administration will make whatever decisions are necessary to keep the company going, even if that means letting employees go or cutting the rate of pay on the site without notice.

Diversifying to Minimize Risks

Never put all your eggs in one basket. You never know when a paid to write site is going to undergo major changes. In the last year, close to a dozen paid to write sites have closed their doors. Of those that remain, one group of sites had to reduce their payments in order to stay afloat. Another site slashed earnings so much that most of the users left the site – and there are signs that site has cut yet again. Only one site that I'm aware of has been able to increase the amount they pay writers, and that was only after some pretty austere measures the year before.

Writers need to learn to take precautions to safeguard their content and ensure they are paid promptly for all work delivered. Beyond these precautions, it's also necessary to diversify in order to minimize risks when publishing content on paid to write web sites/

The path taken by a freelance writer is always going to be a bumpy one. Sometimes the basket of eggs is going to get jostled and a few eggs will break. Other times the basket itself will break, and all the eggs in that basket will be lost. This is why it makes sense to always work for several paid to write sites simultaneously. Many eggs in many baskets means spreading out the risk. If one site fails, it's not a total loss. Work on the other sites can be stepped up in the short term, and the writer will have time to look for another revenue stream to replace the one that was lost .



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Image credit: Protection by Gerd Altmann]/Pixabay ( CC0 1.0 )

Note: This content has been adapted from an original piece by the author, which has since been removed from EliteVisitors




Image Credit » https://pixabay.com/en/ball-protect-hands-euro-hand-665090/ by geralt

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Comments

CoralLevang wrote on June 26, 2015, 3:02 PM

I read this the first time it was published, and it is a great reminder to me to have read it again. Thanks!

cmoneyspinner wrote on June 26, 2015, 4:20 PM

Oh wise one! Thou speaketh as one who doth been there, done that, and can tell others where not to go and what not to do! :)

MegL wrote on June 26, 2015, 4:21 PM

This is really good advice for anyone who is trying to earn through their writing and even those who write just for fun. Protect your content and run your business or fun professionally.

MarshaMusselman wrote on June 26, 2015, 6:44 PM

many good points here, Ruby. the hard part is when we work outside the home on other jobs, it's harder to have the time to diversify like we,'d prefer.

scheng1 wrote on June 27, 2015, 8:30 AM

Sooner or later those serious writers will upgrade to write for magazines and newspapers.