What type of business model is Wattpad?

Wattpad

How does Wattpad make money?

Wattpad, an online community for readers and writers, has introduced the Wattpad Futures program, a simple way for writers to increase their earning potential. The program helps writers earn money by inserting ads between chapters of their Wattpad story. Every time a reader views an ad, the writer earns money.

What type of platform is Wattpad?

social storytelling platform
Wattpad is the world’s most-loved social storytelling platform, where new voices write and share, and readers connect with the stories they love.

How much do people earn on Wattpad?

It depends on the ad and your story itself. You story has to be “publishable” where you have developed it to the point where Wattpad feels that it can earn money. As far as I know, ads appear about ever 30 minutes, and the writers on the beta test program earned from $1,000 – $2,000 per month.

Who is the CEO of Wattpad?

Allen Lau
Allen Lau is the CEO and co-founder of Wattpad, the global multiplatform entertainment company, where he leads the company’s vision to entertain and connect the world through stories.

Does Wattpad pay authors?

No, writers do not get paid on Wattpad through money, but through opportunities, satisfaction, and friends. It’s pretty much like writers on Quora. Instead of writing articles, people write books instead. If your book gets popular enough, you might be contacted through an agent to get your work published.

How do I get my story noticed on Wattpad?

Promoting your story

1. Follow other writers and read their work.
2. Acknowledge follows.
3. Respond to comments and suggestions on your work and story.
4. Engage others in conversation.
5. Ask for advice.
6. Use short or catchy titles.
7. Update your fans.
8. Remember to add a story description (plot synopsis).