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Klepar We will develop a discount system that would apply even for the purchasing of a single chapter.
Klepar We will develop a discount system that would apply even for the purchasing of a single chapter.
KoraL Typing by phone and I can't even remember all your longer questions. Anyway, let me try explaining. For the premium system, it sells FRESHNESS rather than chapters. If you wish to compare it with a completed novels, our novels will be ultimately be free after a certain period but kindle ebooks will still cost you whatever they charge you for (maybe lesser but they aren't free).
Another question you asked is why is the price higher than a perfectly translated and professionally edited ebook. Firstly, I have answered the price question above - our novels will ultimately be free but those DECENT novels won't. (Maybe free 50 years later when they become public domain)
Secondly, I believe stories provide you with entertainment than random bullshit, right? You like the story and you want to know what's going to happen next, so you end up paying for the entertainment. If our novels provide more entertainment than other books, then people are going to buy them. If other books are more attractive, then please let me know and I will buy them ASAP. Pricing is all about basic economics - demand and supply. Greater demand brings greater price, vice-versa. I could reorganize the question again in another direction - Why does a popcorn movie make greater revenue than a classic drama? Why are Naruto comic books not sold for free?
A Tale of Two Cities ebook costs nothing on Amazon! Well, the world doesn't work like that.
Oh, you also talked about business model issues. To be honest, we appreciate if you guys can give your business model suggestions but I believe email is a better way to leaving your 2 cents; at least, it is better than arguing on the forum...
In addition, I'm not sure if you would be surprised to hear that Amazon is really interested in our Premium model. I guess many of you don't know that we are a strategic partner of Amazon. We share suggestions all the time but it's really tough to just directly change your business model which has been proven to succeed in the past. That's why we prefer to test our Premium model, and Amazon keeps their business model. But yes, both of us are interested in any potential business models and wish to try fresh things in some cases.
Many of you suggested a subscription model which we have tried in the Chinese market. It was doing okay but not that good, at least worse than our current model, based on our domestic market experiences. It could be wrong in the global context but we need to run something we are more familiar with and have confidence in. We have never said that we won't try other methods in the future. That's a normal strategy which our business will practice moving forward.
All in all, thanks for your support and I hope you guys have a nice weekend. Last word, stop arguing and go read the new series - at least those are free reads!
APassingMe I suppose that you are asking for 1 free chapters pool on ur account, and u can decide which novel and which chapter you want to unlock, are you? Anything different from current bonus SS system?
Sailorman08 I won't say we will refuse to implement the subscription model forever. We have actually tried it in China, but honestly, it only worked so-so. We are still in the early stages in terms of the business model development. It's possible we implement the subscription option one day but it might not work like Amazon Kindle's model.
WEBNOVEL_OFFICIAL But amazon has a large customer base, while your current international custimer base is small and its growing smaller by the day with all the shit you're throwing at them? Are you just treating us lile lab mice?
N0xiety I'm not saying that you are wrong. Actually it's a problem. However, we do believe that the market will teach authors who write up repetitive stories a lesson. In the long run, lazy or unqualified authors will be less popular than the real geniuses. If they realize that fewer people follow their works, then they will lose revenues if they don't improve soon. The quality is really a matter of skill rather than how the system designs in the long term.
TargetPractice1 I doubt you know how much traffic has been lost by us, right? But I do know how much traffic we receive and lose everyday. There is a platform called App Annie which can be used to track the traffic. :)
WEBNOVEL_OFFICIAL I'm having a hard time describing it, but the idea is that a user could purchase a premium chapter (only one, two or more; up to the user) and still get the weeks free releases for that novel without reducing the number by those that they purchased. I could write the code for the implementation easier then I can explain it... but instead of purchasing a single chapter, they are purchasing an advance chapter which pushes them ahead of the free release by one without overlapping.
If a user purchases 2 chapters from a Premium novel then combined with the free release they would receive a total of 9 chapters that could be read that week, (2+7). This would also remove the forced purchase of just a few novel's premium chapters since we could skip around and purchase from different novels without subtracting from the free releases that could be read. It would reduce the number of premium chapters that would be purchased per novel but would probably increase overall purchases.
Currently, purchasers of advance chapters don't receive any free chapters from a novel that they "subscribe" to unless the number of chapters purchased is lower than the number of free releases (I hope that makes sense). If we compare it to the earlier example of someone who bought 2 advance chapters then they currently get a total of 7 chapters for that week, which includes the purchased ones, as the free chapters have to "catch up" to the user.
If someone else can help me describe this better, than please do so. I'm horrible at communication!
Hmm, I think I just realized a problem with my suggestion... provided that the number of Premium and free releases are equal then that severely limits the number of purchasable chapters... to the total number of chapters released in a week. That would have to be accounted for somehow... Anyway, the theory was to remove some of the negative limitations of purchasing only one or two chapters. So the readers could do more picking and choosing of what to support per week without feeling that they wasted their time. Anything that fulfills that purpose is fine, my original plan probably won't work with some of the novels due to the current numbers being released weekly.
I don't really want to suggest reducing the number of free chapters to make my original plan work...
WEBNOVEL_OFFICIAL you are just encouraging the authors writing fillers since the premium base on words count while a refined story need to reduce unnecessary words.if the market really works there shouldn't have been so many repetive stories.Why do you just want to do business rather than think about providing better service and a better user experience?stop encouraging this trend please really annoying.You should punish those trash authors severely and never recommend their works.
WEBNOVEL_OFFICIAL Thank you for responding and clarifying your stance.
Why is direct email preferable to suggestions on the forum? When readers are able to debate the pros and cons of something, we're collaborating to improve the suggestions.
Have you looked into Tapas' business model? On some of their offerings, they have locked chapters which are unlocked using novel/comic specific keys. These keys can be bought using the app currency which can be bought for real money. They can also be obtained by starting a timer for that novel/comic.
KoraL From your description, I can't tell how it is different from the current system, can you expand on that?
APassingMe The key difference is the timer for keys. It means that those who purchase premium chapters can get a free chapters by using free keys instead of the current communal free chapter.
Actually, the current Tapas system is much more brutal than Qi's since they don't have communal free chapters on series with locks.
The current system is much more similar to how Radish operates.
WEBNOVEL_OFFICIAL well, you cannot compare the chinese market with the international market, those are worlds apart, but I can understand that you wanna begin with a model you are used to.
And honestly, Amazon's interest in your premium model doesn't mean anything at all. Big companies invest money and time in everything that could turn into profit. Just have a look at all those promising open source frameworks & technologies, each supported/in cooperation or sponsored by dozens or even hundreds of companies. If you got the money and manpower, it's just plausible to invest in something that could turn out profitable...
But about the repetitions and how the market will teach those authors: you realize that your chapterwise release model is the cause of it, so why not think of a solution there instead of hoping for one in something as uncertain as the market? The international community is probably not big enough yet for such a task. Just have a look at the current novels, the ones that are already finished get no attention at all, everyone just focuses on the newly translated ones. The update rate is also different for every novel, which can heavily influence the popularity of novels. And I don't know whether the chinese reader community dislikes repetitions and fillers as much as western readers when I look at all those asian grinder games
I don't know how much money you are making off this, but I do know you have an opportunity cost. You lost about 3-4 ad views a day from me alone, as I dropped every novel I read that went premium.
The current system punishes avid fans (sells "freshness") and rewards casual readers that can postpone reading to wait for free chapters.
What does Qi want? They want the "whales", that just like in video games in-app-purchases, consist of most of the revenue.
WEBNOVEL_OFFICIAL
I'd like you to check out some magic chapters.
https://m.qidian.com/book/3258971/375942083
This chapter flips over and over again and again and again, and it seems that a chapter is all about copying and pasting itself. The market may give some authors a lesson to cut back on their income, but the chapter is still out, because the author knows that the benefits outweigh the risks.
https://m.qidian.com/book/1004608738/396552786
Look at this another chapter, this is your top novel in the rank list, in order to complete the number of words , he writes so bad just like a kid student in a primary school.you also recommend him to the top of your rank list, this is not bad atmosphere is what?
The market is not omnipotent, the market has blindness, what you need to do as a content provider is not try to improve the quality of content?
Some interesting traffic data here https://www.alexa.com/siteinfo/webnovel.com and here https://www.similarweb.com/website/webnovel.com#overview . Similarweb is supposed to be more accurate. Interesting that the vast majority of viewers are male.
Confucious If the market determines it's good, what can the publisher do? Censor the author for selling well?
Tonufan123 It's a little inaccurate since a huge number of readers use the apps. If you check on Google's Playstore, it has more than a million downloads already. Even if many of the installs are by the same user on multiple devices, that is still a sizable number of users that aren't captured by such web metrics.
CKtalon There is a separate section for the Playstore App.
Edit: It's on Similarweb near the bottom, a link to the app data although it's pretty limited without paying for full access.
I wish I had thought of this 15 years ago. Then I would be like Tan Jia and be earning $3M USD per year...
Still - as CKtalon says above - its all about market demand.
We demand and they supply (at their cost - it is a supplier's market after all).
We can only stop reading this stuff period or support local US webnovels - some of which are pretty good in WWX.
However, this is like smoking - it is difficult to stop. An addiction you may say.
I wish I was rich enough to pay for the novels as most people who can read this. However, I am not so will drag on my addiction day by day...until I die and resurrect in another universe...
CKtalon And why not? isn't it because of their standards of payment that the trend has led to the popularity of word patchwork? If they want to solve this problem, they can either change the standard or control the quality. As to what kind of method is cheap and effective,the details need to be considered by them. If they want everything regulated by a free market, So what's the use of employees?
Confucious There's no way to enforce quality standards when the number of books is in the millions. It's not scalable. If you remove the pay per word system, it also penalizes honest authors who aren't abusing the system. So the best judges on this matter is the consumer. If they do not like it, they can vote with their wallets.
The free market is really one of the best ways to moderate it. If there's a better way, you might have to be the one coming up with the detailed studies because apparently no one has come up with anything better to date (even in other markets). It will probably be some groundbreaking Economics Nobel Prize worthy research.
The employees are there for separate job functions.
zen7 That means the majority does not hate this system too much, at least in the Chinese market. Based on what I know, the audience's taste changes slightly over time, but they pick up novels flexibly. Sometimes translators pick a new series but others might pick an old title. It might confuse people and experience some of the weirder (outdated) ways of story building.
KoraL Yes, Tapas Team is a close friend of ours. We talk to each other over the phone all the time to communicate business models and cooperation all the time. To be honest, I think people will be pissed off if we use their model... They don't give any free chapters daily unless through a key. Also the key is not given on each Premium title. Aside from that, in Tapas's model, 95% or even more of the content is paywalled.
BTW, we will host some Tapas comics in May once the comics system is hopefully implemented. Some of our novels will be hosted onto their platform too.
WEBNOVEL_OFFICIAL Oh interesting. I only recommend the timer release for premium chapters. I don't really like much else on Tapas except the ads for currency. Although even the timer release is pretty bad since it quickly turns into week long timers. I think I stopped using their app after a few weeks since I wasn't particularly interested in their content and it was super grindy to get any free chapters.
Having user activated timer cool downs on the later chapters would help relieve a lot of the ire from paying readers who feel like they're losing out on the free chapters when they purchase any advanced chapters. Even if they don't use it, they can at least feel like they're able to get an equivalent free chapter.
You can differentiate yourself from Tapas by having every (premium) title have the timer cool down instead of only 5% or so. And keeping those timers to either 1 day or whatever the free chapter release rate would have been (not 1 week).
Doing it this way could also mean fewer communal chapters, which maintains revenue streams for even older translations, since instead of the daily communal chapter release, the free chapter is dependent upon the reader's input. This would also encourage more page hits to each novel since readers would have to restart each timer daily. As for communal chapters, if you do away with them for a couple weeks then reimplement them after some backlash, then it could build some rapport that you "heard your customers and are bringing back a loved feature". Although, it would be nice if you didn't get rid of them. :D
Okay, I can see why you would rather I email my comments now. XD
CKtalon I totally agree with you about the role of the market, but obviously qidian doesn't work enough on the market rules, except for the active deletion of sensitive content, as to improving the quality of recommendation content and combating abusing the system,as well as reducing typo errors in novels and so on, it should have done a better job.
I always get angry when read a chapter like these i listed previously.qidian has the duty to do something to control it, I think.
I guess Cktalon no longer a translator and a full time mod now?
Only time can show us the result. So qidian ,paywall all the chapter so we can see the result asap
And can anyone tell me why there are 31 Premium chapters still on Library and they are all 12 to 13ss each?? Wouldn't it make sense for the oldest premium chapters to slowly come down in ss's to maybe 4 or whatever.... then the market and customer could pay at the rate they feel is reasonable?
Sailorman08 and I just looked at "release that witch" The oldest released premium chapter is 8ss and the newest is 6ss. this is madness and stupid. What the heck! And that chapters 749 and 822 respectively. Come on webnovel figure this out. Even the guy waiting for free may spend 2 or 3 ss stones to read some ahead. then you guys can at least get some from us over time...
Neverfire7 Hi. May I ask if the locked chapters in this webnovel series would eventually be unlocked if we would just wait? Is that right?
WEBNOVEL_OFFICIAL "Hi there, 1000 average 2k-word-count chapters will be 2M words - which can be split into 20 usual books. 80/20=4 for each book"
I'm sorry, since when do usual books get priced based on word count or contain as many unneeded words as these webnovels? Sure the word count can be split up into 20+ usual WESTERN books (as in less fluff more story), but I dare you to argue that the average webnovel is the equivalent in quality content to 20+ books, let alone 1 book.
Are there even 20+ premium titles? People can't even afford to continue to keep up with 3 premium titles.
Sailorman08 i agreed. I don't mind paying. But the most important thing is when 1 title would actually ended? It would only increase the number of stones we have to buy and doesn't make any sense at all. Even a great story would at some time comes to be boring with so many unexpected climax stories added (just to make the story itself longer so we always have to buy and give revenue for the company). Don't worry about revenue, we would always buy stones for a great story afterall, but don't make a great story longer by added more unneccesaries characters and switched plots.
WEBNOVEL_OFFICIAL That might work over in China, but here we get relatively few stories, so we don't really have a choice. There's no competition, so no market pressure to improve.
I love the stories and the service, but I think it's time for me to take a break from this website. It has become prohibitively expensive to the point of craziness. I think I've spent 3 dollars a day for the last 3 days, and I wouldn't be surprised if I've spent more than 50 dollars on here.
In terms of entertainment, I think I could have spent the money much better somewhere else. Hey, maybe if amazon does implement something like this, they will do it right.
In any case, I wish you all the best of luck, but I guess it's time to catch up on everything in my novelupdates library.
Do you want to promote quality over quantity, creating a enviroment that benefit good authors by pure market casuality? Then at least don't rely on a system that encourage authors to just fill a chapters with words, instead on actually improving their own writings. I'd sugest to reshuffle it all, no more paying for words, or even chapters. The only advantage I would say that you have over others types of books, is that rather than buying a whole book, you can read bit by bit on a steady pace, just like a series, this arouse curiosity and anxiety for the next chapter, and foment discussion. Thinking about the discountentment many might have about the chooses in the mass release, you could sell something like the power stone, the first 15 titles getting a weekly mass release or depending even increasing their release rate, creating a membership needed to read those chapters maybe. You'll not go too far by just disregarding the opinion of you clients, at the present moment they feel wronged by having to pay unecessary chapters by a price that surpass the price of BEST SELLERS. In this way they support good authors(at least popular ones), drive authors to become better, no one can complain that their favorite WN was overlooked, since they actually have the power to decide.
Currently, you earn from a few that would spend their money on overpriced ever increasing(by your own system) low quality work, driving way the lot that would buy for decent/great work for a fair price, and keeping away those who wouldn't buy now, but could in the future.
it's funny how people here demanded qi to change their system which encourages authors to write fast food novels when it's obvious majority readers came here to read fast food novels
Shaff I think so to spend less read more