Webnovel.Forum

BlueWind

BlueWind The time users spend on Webnovel gains them users and revenue. Aren't they always boasting about the large number of users they have? Cut out the "free" users and see just what they have going for them. Would they make anything from ads? This free you claim users get is actually their share of ad revenues generated from ads so be real when you talk about the "favors" Webnovel is providing.

Please, let me ask you to elaborate on how exactly do you think the website traffic and ads work, and how exactly webnovel profit from users who would only rely on free coins, without ever making any real purchase? Please enlighten us.

Zexth

Free SS didn't generate any revenues for them anyway. Only paid SS counted.

The gifts they received, if you sent those gifts to them by means of free SS, well, sorry to break it to you, but they didn't get anything from those free gifts. The only ones benefitting from the free gifts were the free readers themselves, as at least they were getting more free SS from sending gifts with free SS. But the authors/translators didn't get anything. Nada.

So the new coins system, as well as fast pass, don't really make any difference to them. In a way, it can even be considered better for them because now they at least know for sure that the gifts that they will be receiving come from paid coins, which means real income for them.

Sucks for those who only rely on freebies to read, but as far as I can see, this is actually an improvement for the content contributors.

Change can be for good and for evil. Change like this, whilst sad for poor peeps like me, is a good sign of growth.

As I've said somewhere else. I'm actually relieved WN is taking a chance to better themselves (to the best of their abilities at the given moment) and evolve from being a story sharing user site to a fiction/book provider.

Still... my coins. They go so quickly... :crying_cat_face:

At least I have non contracted freebies to fill the void :grin:

Fandesu

The ads didn't generate them enough money to sustain their business.

CKtalon Ads do not generate 5 SS worth of revenue. They generate about 0.25-0.5 SS each. Before Premium was introduced, it was using ads for revenue, and it was sorely insufficient to pay authors, translators, editors, and the publisher.

Cantiara I wasn't around when they first introduced premium chapters, so I can't say much about their reasoning behind it. And I didn't mean to barge in your convo, but I couldn't help but say something when I read the part of your post about WN renegotiating with advertisers because they should be paid more for those ads. Yeah, sorry, I could be meddlesome like that.

Well, the thing is, what you wrote, it doesn't work like that. WN, in this case, is just one of the many host partners of Google Adsense service. How it works is basically, advertisers pay Google to run ads on the Adsense network, then WN applied to become a part of that network (which is not a simple thing, you need to be eligible and approved by Google first), and then once they became a part of Google Adsense network, they get an ad code from Google and place it on their site/app. Then Google pays WN when those ads appear on their site/app.

So WN can't renegotiate with those advertisers directly, there were never any initial negotiations with them, to begin with. And no, they can't negotiate with Google either, because, well, I'm not gonna call Google a tyrant, because tyrant is a strong word, and we all do benefit from a lot of things that Google gives us, but they are one of the biggest players in the tech world, and so, if you're using their service, instead of negotiating with Google, you'll have to conform with their standards instead.

As far as I know, if you're a host partner, how much revenue generated by these ads depends on two things. Per Click and Per Action. Per Click is the most common type, WN gets paid every time we, readers, click and view the ads they're showing on their site/app. But this doesn't really generate a significant amount of money. The other type, Per Action is the one that generates more money. WN gets paid when we actually perform an action after viewing those videos, like downloading those games advertised in the multiplier videos, etc, because the action provides a direct benefit to the advertiser. But not many people do that if any at all. Well, I, at least, don't.

So, just like CKtalon said, and he must have calculated those numbers or gotten the data from a reliable source, the ads don't generate sufficient revenues to pay the content contributors here. I think the premium chapters would generate enough income if the ratio of paying readers is greater to non-paying readers, and I'm assuming it isn't. That's why they introduced Privilege to give their content contributors more incentives to do their work well.

So, the revenue that WN gets from a user clicking an advertisement and watching it is much much less than the cost of a chapter, which costs 4-7 SS/Coins on average.

I absolutely agree. I saved up a month for 250 priviledge and it's wasting because the fast passes DON'T FCKING WORK ON THEM AT ALL! I HAVE 23 DAYS OF PRIVILEGE WASTING AWAY FOR NOTHING. I have no coins left and there's no way to earn them. I'm so angry, it's a waste of my time to even bother with the app now. At this rate it'll take me almost 2 years just to finish one novel. What kind of bullsht is that?! It's even more annoying that they removed the cheaper options for paying for ss. The £0.89 and £2.59 are gone. I could afford this because it was easy to save up for them, but now they've taken that away and now they are trying to rip you off by making you pay £5.00 for 250 ss + 15, that is literal daylight robbery. I think webnovel has served its purpose for now, the new system sucks a**.