Writedge is a pay per view site so you can make residual income online.
First of all, what does this mean for you? Residual income is money that you make over a period of time after the article is posted. Think of it like royalties after selling a book.
Making residual income is a popular option for many. Eventually, it could be possible to make a living with this type of income, so you never have to write for others again.
Great! But you need to choose a reputable and high quality site. While Writedge is one of the newer options, it is quickly gaining ground as one of the sites to write at.
How Does the Pay Work?
Making residual income takes time wherever you write. It takes time to build up the portfolio of articles and get views on them regularly.
Paying per view is considered an easier option than revenue share sites, which is the way that many residual income sites work. When you’re paid per view, there’s no need to worry about people clicking on the ads whenever they come across your page. All you have to do is encourage them to stay on the site for 15 seconds. That’s not too hard, is it?
Writedge pays for unique views only. And you’re paid $5 for 1,000 unique views. With a minimum payout threshold of $5, you just need 1,000 unique views a month to reach payout.
I say “just” but when you start out this isn’t that easy unless you already have a following.
Making Residual Income With Affiliate Links
Affiliate links are on the site. While many residual income sites will take a percentage of the affiliate profits, Writedge allows you to keep 100%. You use your own code within the articles, rather than modules like the likes of Wizzley and HubPages.
I’ve got to admit that I’ve never found affiliate marketing that easy, though. I make pennies if I’m lucky. It’s something where I know the theory but haven’t figured out the practical.
Regular Competitions and Contests
As well as making residual income at Writedge, there are ways to earn bonus money. There are regular competitions and contests available. In August, there was a competition to post the most reviews within the month. The month before that, writers were asked to post one review and the winner was the one to get the most little Google+ recommendations on the page.
There is also a bonus for the writer to post the 2,500 post. At the moment the site is on just over 2,300 posts, so it’s getting close.
The competitions and contests are announced on the Facebook group, the newsletter and the forum so everyone has a chance to seeing them.
But What Are the Downsides?
Are there any downsides with making residual income at Writedge? Well, the main one is the fact that it’s someone else’s site; rather than your own.
There are many residual income sites closing down at the moment. Helium, Yahoo, Squidoo and Teckler are just four in the last couple of months. Some of these have been around for years! It has many people worried that others will go the same way. Writedge shouldn’t but there is always that chance if the site doesn’t make enough money each month to pay all the bills.
This is a risk worth taking for some. Starting your own blog is certainly a better option for many because there is more control, but you’ve got to deal with the promotion and getting it off the ground. It’s not easy for everyone! I know plenty of writers who shy away from creating their own blogs.
Is Writedge the best option for you to start making residual income? Maybe it’s one of the best options for you. Need to know more about Writedge before you join? Here’s my full review on the site.
Remember: don’t put all your eggs in one basket!
Over the course of this week, I’ll share various other sites for making residual income. By the end of the week, you’ll have a few to try out and start earning from.
Copyright Alexandria Ingham, 2014. All rights reserved.