How to earn money by writing short stories? What do you think about it? Keep reading this article, and we have something for you.
Blogging comes at first when we talk about making money online. But most of the blogs are mainly based on niches like health, fitness, online marketing, etc. But all of these niches need tremendous knowledge and experience, which is not possible for every writer.
What about if I say you can still make money with your writing just by creating short stories? Yes! Short stories. With this, you can make big bucks for your living.
Talking about making money with short stories, let’s look at all of the given options in this blog post.
A short story is a complete story which shorter than the stories published in a novel. These short stories can be easily read and completed within just a single sitting.
Short stories focus basically on the incidents that are bigger or smaller. Even more, it tries to evoke strong feelings from its readers. Sometimes short stories might also consist of a few characters in the plot.
It is a short narrative-type story and consists of features and literature tools, like exposition, complication, crisis, climax, and resolution. It doesn’t seem necessary that all of the short stories must follow these of the given same patterns.
Due to its shorter length, a short story usually focuses on one plot, one main character (along with a few additional minor characters sometimes). But keep in mind that it has only one central theme, whereas a novel can tackle multiple plots and themes with various main characters.
Most of the websites that publish short stories make money by showing ads to their audience. Also, some may introduce a paid subscription plan for their audience.
It may be seen as some of the short stories publishing websites sell their own products while some websites earn money by selling eBooks on their website with exclusive short stories which are not available on their website.
Most of the author that writes short stories sell their stories to the magazines that publish short stories like Asimov’s, Ellery Queen, and Woman’s World. All of these magazines still pay top dollar for genre stories.
After knowing the basics of short stories, we will now explore some of the best ways to earn money. So you can make a better earning for your living. On top of that, most of the author has already made a big profit from writing short stories.
Before exploring each of the ways, make sure you must have at least one or more short story ideas in your mind. It must be engaging and entertaining enough to grab the reader’s attention at each point. Your story must have a proper theme, logical characters, smooth flowing narrative, etc.
If you are in a hurry, here’s the summary. Below, we will be talking about
- Amazon Kindle
- Starting your own blog
- Publishing on Medium
- Publishing on AGNI
- Publishing on Analog
- Publishing on Sun Magazine
Let’s keep a closer look at each method.
Total Time: 15 minutes
This can be seen as one of the easiest and quickest ways to make big bucks with your short stories. First, you have to write series of some of the best short stories (let’s say approx 10 short stories per eBook).
After writing short stories, you have to create an eBook with some of the best ebook maker software. Once you have completed your eBook writing, hire a proofreader and wash out any grammatical or narrative errors from your stories. You can get one from Fiverr.
Now you have a book that is ready to publish. To increase your ebook’s sales on eBook publishing websites, you can design an eye-catchy front cover of your eBook. For this, you can hire a graphic designer from a freelance website.
But keep in mind that you must keep your ebook’s price relevant to your effort and make a better profit with each of your sales. Plus, you need to take a look at your competitor’s eBooks and keep your pricing accordingly.
This is another option to make money online with your short stories. Talking about its advantage, you won’t have to share the profit with any third parties.
But (now talking about a hard way to publish short stories to your website), you have to manage all things to get maximum traffic on your website, such as SEO, content marketing, social media management, etc. In return, you will leave with very little time to write some of the best short stories for your audience.
You can monetize your short stories publishing website in a variety of ways. For example, you can charge your audience for a monthly subscription to offer them an exclusive short story.
Plus, besides the subscription model, you can sell your exclusive short stories as an eBook. You can also place relevant advertisements on your short stories website.
Another best gem for short stories writer. This option can be better if you don’t like the idea of focusing on another skill outside content writing.
On Medium, you are free to write on any topic. However, to increase the chance of more earning and traffic on your content, ensure that it’s engaging and worthy of getting shared.
When paid members read your article, you will get earnings. Furthermore, the medium app is also available on iOS and Android, confirming that you will get the maximum traffic from different digital platforms.
For creative writers who usually publish essays and poetry, this platform can be best to earn with their talent. Agni is a popular magazine that publishes essays and poetry. The company allows any writer to publish their writing in the magazine and get paid for the articles accordingly.
This can also be seen as one of the best alternative or additional income sources for your short stories. Talking about its payment details, Agni pays $10 per page for a short story or essay and $20 per page for poetry. Once their in-house content team accepting your article, you can get paid.
Analog offers one of the best publishing platforms to submit their science fiction stories for all science enthusiasts who want to make money with their short science fiction stories.
But keep in mind that Analog will only accept professional and realistic scientific stories. And you can also submit an illustration with your work as most writers do, but the illustration should be visually appealing and related to your story. You can submit your work through their online portal.
You will only get paid once your stories get accepted. Analog typically pays 8-10 cents per word for short fiction (up to approximately 20,000 words), 6 cents per word for serials (40,000-80,000 words), 9 cents per word for fact articles, and $1 per line poetry. Along with words, they also offer to pay $1200 for colored cover art and $125 for black and white cover. If you are an experienced person, you need to try Analog.
It is another magazine that is famous for publishing a variety of stories and articles. Personal essays, stories, and poetry are included within sun magazine. There is no word limit for writings. However, the magazine hasnât published anything longer than 7000 words.
To submit your work, visit their online portal and register yourself. Once you get registered, they will provide you an ID with which you can use to submit your work to sun magazine online.
Now talking about its payment details for personal essays and fiction stories, sun magazine will pay you within the range of $300 to $2000. For Poetry, you will get paid between $100 to $250.
You will only get paid after the sun magazine team accept your written content.
In this post, we have discussed some of the most common and successful earning models for writing short stories. There are a lot of other options available that are not addressed in this blog. You can follow our mentioned topics here and start making money with short story writing as a beginner.
As most of that website already has this exact kind of earning model. You can go for any of the options to make money online with your short stories.
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