It’s the end of Kindle Worlds as we know it.The Wattys 2021 looks for novels and adds Best Cover category as Wattpad Paid Stories hits $1 million paid out to writers.Amazon KDP printing on demand in Canada will speed shipping.
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Publishers also trawl the site in search of new talent to sign up. The company has attracted publishers who see the site as an opportunity to market their books to a worldwide audience.
Toronto-based Wattpad has a very substantial youthful demographic but also has a wide range of indie authors and well known writers, including Margaret Atwood, who is a Wattpad enthusiast and published work on the site. Wattpad claims to now have a ‘community’ of more than 45 million people and the Futures program is an addition to the existing tools, programs, and unique paths to monetization for online writers such as Brand Stories and Wattpad Stars. The firm says in-story ads will be placed strategically in chapter breaks of some of the most popular stories on the platform to optimize reader engagement and meet advertisers’ brand objectives, including views, clicks, awareness, and favorability. The program aims to allow advertisers to connect with millions of engaged, mobile-first millennials and members of Generation Z in the global Wattpad community. Now they can support Wattpad writers in a way that increases the writer’s income, without having to pay out of pocket.” How to become a Wattpad Star and join the Paid Stories program Readers have always encouraged their favorite storytellers with messages, comments, and votes. It’s the interconnected community of storytellers and audiences that makes the Wattpad Futures program a viable income source for writers. Wattpad Co-Founder and CEO Allen Lau says, “The dynamic Wattpad community is unlike any other social platform. The invitation-only scheme is not open to all Wattpad writers but the company claims it will be offered to a wide range of writers on the site. Wattpad Futures will place ads between chapters of their stories on the website and the writers will get an unspecified amount of the income according to ad views.
Story site Wattpad has launched a new program which aims to help writers earn money through advertising and says a test run has already seen authors earning $1,000 a month, with some making nearly $2,000.