Start earning money as the girl next door

So far, the drainage effect is quite good.The main reason is the unique business model.

Eagle Sauce Market does not have a dedicated novel website. Because of the novel experience, it has attracted a large number of readers of Eagle Sauce Market. It even continues to form a self-hematopoietic mechanism in the form of several or even more than a dozen original authors every day.

Before payment, the website had already received US$6.8 in tipping income last month. Well, it needs to be divided 70% to the author, but it can still cover part of the operating costs.

According to estimates, profits should be achieved soon after paying for a subscription.

Chapter 406 First Day Performance

"Master Johnson, your work "European Swordsman" has been eligible for VIP paid subscription. Later updated chapters with more than 1000 words will be paid by default." Editor Sophie, according to the workflow, used email to notify her subordinates online author.

Sophie is a Latina in her thirties. She used to work for a local newspaper. Later, the newspaper went bankrupt. Afterwards, she sent her resume everywhere, but kept hitting a wall.

I accidentally sent it to the recruitment email of Wenjing Media Company. His resume stated that he could speak Chinese, had spent three years growing flowers and traveled there, and had studied Chinese for two years, so he was hired.

After joining the company, Sophie became more serious and took a very responsible attitude towards reading novels.

"Oh! Got it..." Johnson replied, "What do you need me to do?"

"Just keep updating." Sophie said, "If possible, keep updating steadily every day, and the number of chapters should be more than 2000 words. This is all the content, I will also inform other authors."

"No problem," Johnson replied.

Sun Xiaoyue, whose pen name is Johnson, comes from a Chinese-American family.In the late Qing Dynasty, a group of Chinese workers sold piglets and built railways.

At that time, there was the Chinese Exclusion Act. In order to survive, many Chinese took the initiative to join various halls. For example, Sun Xiaoyue's great-grandfather joined the Anliang Hall.

Well, it's considered a gang family, so there's nothing to be ashamed of.

In this environment of Yingjiang, there are gangs of the underworld and gangs of the police.Policemen who work during the day, take off their uniforms at night and become gangsters. There are all kinds of weird-sounding white and black gangs in this weird security environment.Unless you are in the upper class, you will have more or less contact with gangs.

Sun Xiaoyue's parents still inherited the ancestral business, the Honghua Shuanggu and the eldest sister in the gang.

But her parents don't want Sun Xiaoyue to make the same mistake again.He has been trained to study since he was a child, and it doesn't matter what subject he studies. In short, if he has a college degree, he should not be associated with the lower classes of society.

However, Sun Xiaoyue chose European literature, so it was naturally not easy to find a job.

Despite this, the family did not allow him to inherit the ancestral gang territory, but told him not to be involved in the world even if he stayed at home.

Then, Sun Xiaoyue really stayed at home. In fact... she was not short of money. Her parents were afraid that if something happened, they would not be able to hand over the inheritance in time, so they directly transferred most of the legal assets of the family to Sun Xiaoyue's name.

Moreover, Cunning Rabbit Three Rabbits, one portion for Eagle Sauce, and one portion for Hong Kong City.

Sun Xiaoyue then logged into the English version of Jingjing Reading Network, entered the author's backend, and successfully uploaded the VIP chapter based on the prompts from the author's backend.

Not long after it was uploaded, an hour later, I came back to check it out, and there were already more than 300 subscribers.

Sun Xiaoyue was not excited about the money, but mainly because she was excited about earning income from the legal industry!

Roughly speaking, this amount of money is only 12 US dollars. After the website takes a commission, it is less than 10 US dollars.

Mainly... Sun Xiaoyue is actually the second generation of rich people. She only has cash in the bank, which is probably several million US dollars, not to mention other assets.This is a legitimate laundered asset.

If so, the family may have tens of millions of dollars if it is not cleared.

But, after all, he earned this income by himself, instead of inheriting his parents' assets and living in retirement.

Soon after, Sun Xiaoyue uploaded another chapter. By the afternoon, the average subscription exceeded 500, and the two chapters had 1000 subscriptions. When converted into US dollars, the sales amount was 40 US dollars.

At the same time, Sun Xiaoyue began to see the sales list of VIP works.

The first-ranked work is a martial arts novel with the Chinese title "Swordsmanship in the Snow".

Sun Xiaoyue went to the Chinese version of Jingjing Reading Network and read the original work, and found that the writing style and artistic conception of the Chinese version were a level higher than the English version.

As for the book "Swordsmanship in the Snow", which has over 30 orders on the Internet and is published as a paper book and sells more than [-] copies per episode, it does not make it feel embarrassing to be suppressed by it.

After all, Sun Xiaoyue is a novice, and her submissions to publishing houses in the past have been rejected.I have never had the consciousness to become a great internet writer.

……

On the English website of Jingjing Reading Network, the paid subscription results on the first day of May 5 finally reached US$1. In addition, there were some rewards on the same day, and the daily sales reached US$639.

As payment started, daily rewards obviously became less.It seems that even daily revenue has shrunk.

But in fact, in the long run, paid subscription has more potential!

"Among the 10 novels on the shelves, the translated version of "In the Snow" has the highest subscriptions, with 4186 subscriptions on the first day.

The second one is the original "European Swordsman", with 3847 subscriptions and three chapters updated, each with more than 1000 subscriptions.

Most of the other novels had more than 1000 subscriptions on the first day, with only one having the lowest number, 109 subscriptions. "

Jenny Jones took the report and was very happy to make the report and said, "In general, our results are similar to those of the Chinese website of Jingjing Reading.com, except that the currency unit has been changed to US dollars."

"The English version's subscription data has a much stronger starting point than the Chinese website!" Yu Weiwei affirmed, "However, I am not sure whether the original author of Yingjiang is satisfied with this result? Can it form a steady stream? Continuously, a mechanism to attract new authors!”

Not counting rewards or anything like that, just paid subscriptions.

Ten novels were released on the first day, with per capita sales of more than 60 US dollars, and the actual manuscript fee was 40 US dollars a day before tax.

Jingjing Reading Network’s manuscript fees are attractive in the Chinese market.The main reason is that the average monthly salary in China these days is four to five hundred yuan.

The average manuscript fee for Jingjing Reading Network's contracted authors exceeds the domestic average monthly salary.Generally speaking, the average manuscript fee can reach more than 2000 RMB.

Therefore, the growth rate of new authors on Domestic Jingjing Reading Network has always been rapid, and there is no shortage of authors who can write books.

The overseas English version, based on the author's income, is higher than the domestic subscription income.But the main thing is to compare it with the local per capita salary!

It seems that the royalties from Yingjiang's paid subscription may not be comparable to an ordinary job in Yingjiang.

"Roughly speaking, it can only be regarded as a job with an unattractive income and salary."

Jenny Jones thought for a while, "But it has the potential for growth. It is an Internet creation. As long as you give it hope, it will probably continue to attract authors.

Just because it is a brand new thing in the hawk sauce market, it can continue to attract creators.

Of course, an appropriate amount of advertising can be placed in the future to maintain the continued expansion of the author and reader ecology, and replicate the experience of the flower-growing website in the English market. "

"That's right! This is a job full of hopes and dreams, no ordinary job can compare!" Yu Weiwei couldn't help but smile. The temptation of the remuneration was not enough, so she made up for it with pictures!

Chapter 407: Different positions, same goals

On May 5, the English website of Jingjing Reading had a total of 2 new subscriptions per day. Only counting the subscription part, the daily sales amount was US$1.7.

On May 5, there were 3 new subscriptions that day, with daily sales of US$1.91.

As of May 5, the number of subscriptions to Jingjing Reading Network in the Yingjiang area has exceeded 4, with daily sales of more than 2 US dollars.

In addition to subscribing, there are also hundreds of dollars in daily tips.

Generally speaking, the starting income and subscriptions of the English website of Jingjing Reading Network are higher than those in China.

First of all, the subscription to Jingjing Reading Network in China is also 2 book coins for a thousand words, and the subscription for Yingjiang is also 2 book coins.

But the 2 book coins on the Chinese website are 0.02 yuan.The price in the Eagle Sauce market is US$0.02.

In contrast, the pricing in the eagle sauce market is equivalent to 8 times that of the domestic market.

But even so, most readers of the Eagle Sauce Market think it is cheap.

"I support "Swordsmanship in the Snow". I copied the title from Chinese, so it should be this.

I heard that the Chinese version is more popular, but unfortunately I can only watch the English version. Many comments said that the translation level is not up to the original work, but I personally think it is very amazing.

In particular, a portion of the subscription will be paid to the original author, and I’m happy with this mechanism. ”——Little Johnson

“I used to really like martial arts novels about planting flowers, I thought they were cool, but there were too few translations.

Moreover, there is no original work, only translation, which inevitably makes it feel a little less meaningful.

Finally, "European Swordsman" is eye-catching. I reward the author of Little John with $50 and hope that Johnson will continue to update it. ”——The Boy in the Wind

“In general, I still support paying for Jingjing Reading Network.

I have calculated that a published book with 10 words can cost as little as twenty or thirty dollars, and some professional and unpopular books may cost hundreds of dollars.

The electronic version subscription of Jingjing Reading website is actually only $2 for [-] words.

With this kind of pricing, I can read ten times the number of words for the price of a paper book, which is really great.

Originally, I had to buy several novels a month, which cost more than $100.

But now, I read more novels and spend less money. ” —Ruby, New York

……

5 month 5 day.

The number of IP visits to the English website of Jingjing Reading Network has exceeded 7, and the number of registered users has exceeded 3.5.

At the same time, the number of paying readers has exceeded 1.3 in just five days, and the proportion of paying readers is still growing rapidly.

In terms of the proportion of paying readers, it is much higher than in the domestic market.

Among the 10 novels that have been released for payment, the most subscribed one, "Swordsmanship in the Snow", has more than 6000 subscriptions.

Secondly, the average subscription of "European Swordsman" exceeded 4500.

Except for a few novels, it has become a blockbuster case.

The average number of subscriptions for the 10 novels initially released was more than 2000.In fact, there are 5 novels with more than 1000 subscriptions each!

It can be said that this result is already excellent.

The number of novels on the site exceeded 300 of them are translations, and 52 are local originals.

In a sense, after the website’s paid subscription mechanism was implemented, authors continued to come.

In later generations, many people in China feel that Yingjiang's online literature is underdeveloped. Is it because Yingjiang has no soil for online literature?

In fact, this is not the case, but the traditional publishing industry of Yingjiang is relatively developed, and in addition, it was led astray by Amazon.

In the early days, Amazon relied on books to raise prices and sold paper books.In the early days, Amazon did not understand online electronic subscriptions at all, and it did not specifically cultivate an online novel ecosystem.

Later, in 2007, Amazon’s Kindle came out. The online e-book mall that accompanied the early Kindle electronic paper books was still mainly electronic versions of traditional paper books.

It wasn't until 2014, when Amazon received Zhonghua's online articles and started to make waves in the Eagle Sauce market, that it began to try the Kindle self-publishing model and began to produce original works.

Of course, Amazon’s self-publishing model lags far behind compared to the models of publishing online articles online.

Later, in the online game of overseas publishing, Amazon relied on its traffic advantage to barely gain a foothold, but it did not fully possess the advantage.

Online articles from the two areas of Zhonghua and Bangzi are more effective when they go overseas.

On the one hand, the content is highly commercialized. Internet articles about growing flowers are excellent themes and creative ideas that have been read by a large number of readers.

The articles on Bangzi's website... are stupid. I copied them after the articles on Zhonghua's website. From time to time, Bangzi would have a mental attack, saying that these were actually Bangzi's ideas.

In later generations, when online articles were published overseas, they were generally translated and output first, and then local submissions were directly solicited.

The current English website of Jingjing Reading.com has entered into a business model that has been proven later in the mature period of publishing online articles overseas.

Later, when Internet articles went overseas, dozens or hundreds of websites competed for hegemony.In fact, some domestic online writing companies have moved from domestic to markets around the world.

In order to compete for the market, each company has spent a lot of money, and what they earn back essentially offsets the cost invested in buying volume.

Now that Jingjing Reading Network is going overseas, the traffic is generally cheap, and almost no money is spent to buy volume. Just relying on the natural growth of traffic, the market size is growing day by day, gradually forming a platform similar to the domestic online article headquarter. Ecological!

"Jenny, Jingjing Reading Network will be left to you. I hope you can develop the English site to a leading scale and become a dazzling star. Then, attract a few waves of venture capital, increase the valuation, and then go public!" Yu Weiwei smiled.

"Thank you Weiwei for your trust! I will definitely work hard to make Jingjing Reading Network the largest novel electronic publishing organization online! Subverting the traditional novel publishing industry!" Jenny Jones said extremely seriously.

No matter which country the novel website is in, it will not be very large in the end.

However, relying on unique ideas, it attracted venture capital funds to maximize its valuation and even went public.

This possibility is still great!

After all, Jingjing Reading Network is now a scarce asset in the Eagle Sauce market!

There is no other similar website, so this kind of website is expected to become a unicorn, attracting a large amount of venture capital, and even investment from traditional Wall Street giants.

After all, after a successful listing, the institution's money will be returned in full.The money from the bubbles blown up by leeks is divided into thirty-seven.Seventy percent...it belongs to other organizations. After all, organizations have invested a lot of capital and resources, giving them more opportunities to harvest.

In the end... if it becomes a company with a market capitalization of several billion US dollars or even tens of billions of US dollars, even if the equity is diluted to [-] to [-]%, it will actually be a good deal!Because, in the end, a PPT turns into billions of dollars of real money that can be liquidated!

From the perspective of a domestic parent company, Yu Weiwei is considering harvesting the largest share of the pie after listing on the market.

The opportunity Jenny Jones saw was that it was very possible for her to make some achievements, receive equity incentives, and realize financial freedom after listing.

The two perspectives are different, but they seek common ground while seeking differences, both of which are to make Jingjing Reading Network’s Eagle Sauce business bigger and stronger, even to the point where it can be listed on the market.