Tuesday, February 19, 2008

Shvoong Book Abstract Update

So I was digging into the new service called Shvoong, taking it for a test drive so to say.

shvoong2

My first impressions are that it needs to work out a few bugs in the execution.  The paragraphs when published look a little goofy and editing after the fact is problematic.

Those are small issues for the most part.

Here are some tips to make Shvoong work for you and boost your revenue and business

  1. Republish older book reviews that are out of circulation - If you have written up book reviews in the past, republish them here.
  2. Link Building - as you republish provide a relevant link to your original review
    1. shvoong3
  3. Update your republished review - for best effect make sure you update your republished review.  This will insure that you have original content and help both sites.
  4. Building 2 way traffic - in general this is a way to share some of your archive traffic with shvoon and monetize it a second time.  Its also a good way to build up your own cross traffic and together build up both sites in search results.

shvoong4

 

Getting paid is a little important.

This is essentially an Adsense and advertising play.  You are not paid a fixed rate for your work, but instead get 10% of what Shvoong makes from your work.  That's like a reverse agent fee and not worth very much when you consider that most places do something closer to a 50/50 split or at least pay up front for work when they pay a low percentage on the back end.  Its easier than selling funny t-shirts via your site, but still a bit of effort is required.

HOW MUCH MONEY?

There is no exact amount. Shvoong pays 10% of its advertising revenues to the writers. The key to the distribution of money amongst the writers is the number of times a summary is viewed (therefore it is preferred that the summary be well written)

WHEN IS THE MONEY RECEIVED?

The royalties are received when at least $10 is accumulated in the writer’s account.

HOW IS THE MONEY RECEIVED?

Payment is usually made by the PayPal system (opening an account is free). In countries where PayPal is not available (and only in those countries), the writers receive payment by check mailed to a chosen address.

WHAT ELSE (ASIDE FROM MONEY) CAN YOU GET FROM SHVOONG?

Enjoyable writing experience, mass publishing of your work, recognition, promotion, and free web traffic.

That doesn't mean the service isn't potentially valuable though.

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