I’m wondering if it’s financially worth it to cover the $5/mo membership.
I post Medium articles fairly regularly, and each email update shows I get ~500 reads total.
Is that enough to cover the $5/mo? Would it be a wise financial risk?
Are people willing to share their readership and total MMR?
Edit: shouldn’t have shared my financial situation; was interested in data/advice only.
Unless you're making more than $16 each month (most are not making anywhere close to that) from Medium then you're just choosing another company to profit off of you. It's also more work and takes a lot (arguably, depending on your technical comfort level) more time because again… most people have nothing of much value to say. If you're an expert on your field or a great marketer, sure maybe you can make that $16 back and then some. Most can not. You'll know if you can, and you can look at your medium analytics and judge that and then do the Wix thing because…
Medium is like an ocean in part because it's so easy and free. There are some really spectacular fish and animals and rare finds and even shipwrecks full of gold and treasure. There is also a metric shit-ton of mediocrity.
A comparison could be made to YouTube or tiktok. Sure, you can make videos and upload them to your website and then share them. But there is immense value in the existing community in algorithm.