Unlike many freelance writers I sometimes take revenue share jobs. I’m cautious though, and urge you to be careful when taking on a job that promises to share the money earned
What Revenue Share Means
Revenue share in a general sense means the author of a web site or other venture pays the author out of profits. More specifically, in this day and age, revenue share speaks to a percentage of the money the owner of a website earns through Google Ad Sense or some other advertising network.
Google and others have made it incredibly easy for website owners to earn at least small money from their sites and blogs, which in turn, makes it fairly easy for that owner to share the revenue earned.
Deb Ng did an article back in March of 2009 called Earning Money as a Blogger: The Truth About Rev Shares; there she also suggests caution.
Base Plus Share
I’ve had pretty good luck with such arrangements. It’s not dissimilar from royalties on books actually. Way back when at About.com, I made some decent money on a base plus revenue share. A similar arrangement at b5media worked for quite awhile. Both led to some additional opportunities and I’m glad I did both. Finding gigs that pay a base salary plus a share isn’t easy, however. My sense is there aren’t as many around as there once were.
However, I’m really careful. Just as I rarely will take on a book ghostwriting project for even part of the pay plus royalties, I want to be as sure as possible that my efforts will result in significant revenue. That means I have to be interested in the topic, and not only feel secure about the company, but reasonably certain they will market themselves and me well.
Marketing is always the key to making money on these deals. While I know I’ll have to do some, I want my efforts to be well and truly backed up.
Revenue share isn’t for everyone, and the good gigs offering revenue share are far and few between, but they can work.
Have you ever written for a share of the revenue? Tell us about it.
Image from http://www.sxc.hu