Knowledgebase

Making Money From Creative Work Print

  • 0

Revenue models.

WHAT SELLING THE WORK MEANS

Transferring a copy or the original, for payment.

WHAT LICENSING MEANS

Permitting use, repeatedly, while retaining ownership.

WHY LICENSING PAYS BETTER OVER TIME

The same work can be licensed many times.

WHAT COMMISSIONED WORK PROVIDES

Payment certainty.

WHAT IT COSTS

Frequently the rights, unless negotiated.

WHAT TO ESTABLISH ON COMMISSIONS

That you retain rights beyond the agreed use, where possible.

WHAT PERFORMANCE PROVIDES

Direct payment, and audience building.

WHAT PLATFORM REVENUE PROVIDES

Income from views or streams.

WHY IT IS RARELY SUFFICIENT ALONE

Per-unit rates are very low and it requires enormous volume.

WHAT PLATFORMS ARE ACTUALLY USEFUL FOR

Reaching an audience you can then serve directly.

WHAT DIRECT AUDIENCE RELATIONSHIPS PROVIDE

Revenue not controlled by a platform.

WHAT THAT LOOKS LIKE

Direct sales Subscriptions and memberships Live events Commissions from people who found you

WHAT TO BUILD

A way to reach your audience directly.

WHY

Platforms change their terms and their reach, without notice.

WHAT SPONSORSHIP AND ENDORSEMENT PROVIDE

Payment for access to your audience.

WHAT THEY REQUIRE

An audience, and credibility with it.

WHAT TO PROTECT

That credibility.

WHY

It is the asset being sold, and it does not survive promoting things you do not believe in.

WHAT TO ESTABLISH

Several revenue sources.

WHY

Any single one can disappear.


Was this answer helpful?
Back

Are you happy with your experience? Leave us a review on Trustpilot.


Trustpilot