No more Free Daily Premium Chapters?
- Edited
Velixar Yes, in fact this Rabbink made a calculation about the pricing. Based on my assumption We are ten times more expensive than Qidian (Webnovel's parent company). Still the ads is only worth 1/7 Chinese SS, not enough for the standard 10-11 charged there.
So yeah, as a readers you can vote/force the change with your wallet. If there were many people who give money to WN, then the complainers are only the vocal minority. While Silent Majority agreed with the pricing.
MasterRabbink official status? Has there been a statement by Webnovel?
The old premium system wasn't bad. Just some minor changes and imo they could've made much more money and customers would still be satisfied.
1. lower SS prices
2. change free daily chapter to ad blocked chapters (number of ads depending on chapter size, maybe 1-3)
3. change premium chapters to advanced chapter like it was via patreon, so premium readers won't be hundreds of chapters ahead of ad watchers
I just cannot believe that ads are so bad if you get the right numbers, otherwise there wouldn't be so many youtubers. Currently most ppl use free SS and they don't earn anything for free SS usage, except for watching the one ad for free SS. Most novels get hundreds of comments per chapter in a few hours after release, so there are lots of readers and potential ad watchers.
MasterRabbink true that. Only few complain for change while the rest keep on paying and going on without a say so webnovel ignores us.
- Edited
Ow My Rabbink's Tail! That is mistake. Non-Official. Thank you for correcting.
Yakumo 2. change free daily chapter to ad blocked chapters (number of ads depending on chapter size, maybe 1-3)
You will scream if you want to read 20 to 30 chapters. That is 20-60 ads. There might be not that many ads available too.
Yakumo 3. change premium chapters to advanced chapter like it was via patreon, so premium readers won't be hundreds of chapters ahead of ad watchers
You are facing this problem from Wuxiaworld.
https://forum.wuxiaworld.com/discussion/10029/sponsorship-pricing-model
Yakumo I just cannot believe that ads are so bad if you get the right numbers, otherwise there wouldn't be so many youtubers.
It is cheaper to make some youtube video. A hand phone and you are done. Only top Youtubers earn money for living. (Beautiful actress, song, etc). 1.000.000 views usually would net you $2 (some said 1, other said $5~8).
If you looked into low ranking novel. Most would be dropped if based on ads only. Each translation cost ~$30 minimum.
Youtube, Google, Facebook, Instagram, Twitter, etc could work with BILLION of users.
- Edited
MasterRabbink I think you made another mistake, if 1 million youtube views net you just $2, then there would be no youtubers. As even the top youtubers with 10 million views in each of their videos would be earning $20 per video. Lol no, 1 million views net you anywhere from $200 to $1000 depending on your content and how 'ad friendly' your video is...
- Edited
MasterRabbink I wouldn't really mind watching a 1min ad for reading a chapter for 5-15min.
And I think you are underestimating ad revenue. Mobile ads have increased drastically in popularity in the last 5 years. Whereas you got maybe 1$ eCPM (cost per 1000 viewers) for reward ads in 2013, you can get 15$ now. It's now even more attractive to most developers than selling the app in the play store or instead of ads, implementing an ingame shop. That's why you'll very often see ads, despite the app already having an ingame shop.
There are a lot of different factors which determine the eCPM , like the length, is it skippable, has it completed, android/ios, which country, which ad platform/offerer, time of year and so on... The eCPM for reward videos, which you have to completely watch, can range from anywhere between 2$ to 20$ depending on those factors. Especially in 1st world countries they are rewarding, ranging from 10-17$ in average.
Reward videos, like here, are one of the most profitable ads. I don't know exactly how much a chapter costs for Webnovel, but if you estimate e.g. 40$, then it would be totally possible to get it back with maybe 3000-5000 views. Hard to say exactly, since the community is spread over the whole globe. So it's totally possible, that you'll make a profit with new chapters in the first day and let's not forget the long term revenue for new readers picking up old novels. Additionally Webnovel will probably publish re-edited versions after they are traslated completely.
- Edited
MasterRabbink is it only one or two novel like that, Will the other novel Will be like that too ? Because this Will mess up my rythm as a binge reader
AJ_ ?? Which topic? Premium novels are like that. Ad walled chapter also can't be downloaded. As a binge reader, this is a bad news.
free_roamer true that but i think if they did the math on what they were actually paying then they wouldn't pay (ie if they are reasonable) but the spirit stones are like a wool over their eyes.
Calm_Spirit Exactly, and more people will realize that as time goes on. “Where are all my SS going, I only read 3 novels, but I’m paying $50+ a month.”