I agree that incentivizing writers is the hard part about your site.
I assume the blog will be monetized with advertising. If so, have you thought about a revenue sharing agreement with your writers based on ad clicks? Sort of like Huffington post, but instead of paying the writers on articles submitted (or nothing at all), you could pay them a piece of the ad revenue they generate. Sites like squidoo.com and newsvine.com follow this model.
The revenue sharing article market appears crowded, but can turn out to be lucrative if you differentiate in some way (like gurufocus).
That definitely is a monetization route and incentive that we've considered using to attain users. Going forward with a larger user base that is definitely something we can pursue. The goal is first to get to that user base because obviously now that is the difficult part. Our main concern now is gaining traction and a following. Thanks for the idea, I appreciate the help.
Comments
I agree that incentivizing writers is the hard part about your site.
I assume the blog will be monetized with advertising. If so, have you thought about a revenue sharing agreement with your writers based on ad clicks? Sort of like Huffington post, but instead of paying the writers on articles submitted (or nothing at all), you could pay them a piece of the ad revenue they generate. Sites like squidoo.com and newsvine.com follow this model.
The revenue sharing article market appears crowded, but can turn out to be lucrative if you differentiate in some way (like gurufocus).
That definitely is a monetization route and incentive that we've considered using to attain users. Going forward with a larger user base that is definitely something we can pursue. The goal is first to get to that user base because obviously now that is the difficult part. Our main concern now is gaining traction and a following. Thanks for the idea, I appreciate the help.