Chapter 9: A Fortuitous Opportunity
As soon as the digital platform was launched, it poached about half of the editors from the starting point.
The term "encouraging" mentioned here refers to him personally
As for higher initial subscription results, that is the treatment reserved for the great ones
Before that, all the online writers basically relied on their passion to create. The texts produced, apart from a few exceptional talents and lucky individuals who could publish in traditional Chinese in Taiwan and receive a meager fee, were mostly written for free by other writers.
The data in this book indeed looks more appealing
At this time, the manuscript of his new book already contains 22 chapters
In recent days, he has looked around the author group and the author forum, and has also visited the homepage of the Qidian website several times, discovering that a very encouraging event has already taken place
This good news was made public only a few months ago, and a major player in the traditional publishing industry, Wen Online, has invested over ten million to create a digital platform to seize the market.
In this day and age, the subscription-to-collection ratio (the ratio of the number of collectors to the number of subscribers) for works published on Qidian can reach around 10 to 1 for those of above-average quality. For works of slightly lower quality, the subscription-to-collection ratio will be somewhat lower, but to what extent?
Those who cannot endure loneliness are certainly not suited for the profession of writing online literature, and in this regard, he is adequate
The current serialized work he is publishing, titled "I Am a Decathlete," will be considered a failure if its initial subscription results are below 2500. This is because when this book was first released before his rebirth, its initial subscription results were close to 2500
However, in the realm of online literature in 2006, it was undoubtedly a significant undertaking... It is important to note that the current dominant force in the online literature scene, Qidian... just three years ago, had cautiously and fearfully pioneered the VIP subscription fee system
In the first half of the year, Qidian joyfully announced to the public that its flagship website, Hongxue, has achieved an unprecedented annual revenue exceeding 1 million.
It is truly a scramble for food
It is indeed so bleak
In an instant, the once jubilant starting point at the beginning of the year, the dominant force in the online literature industry, has fallen silent, and its position as a leader seems to be on the verge of collapse, potentially to be replaced at any moment by the aggressively emerging digital platforms
There are ratios of 20 to 1, as well as 30 to 1, and even lower.
Having been in the industry for over ten years, he ultimately felt a sense of confidence. He believed that the current bleak situation was only temporary, and with the quality of this book, signing a contract and getting it published should pose no problem at all
In 2006, the online literature scene was dominated by Qidian.
The work has passed the entry review, which means that this book can be serialized normally on the platform.
In 2019, achieving nearly 2,500 initial subscriptions, having been published since 2006, if the results were even worse, what would it be if not a failure
Just like Qidian, three years ago, the reason Qidian pressed on despite the significant risk of losing a large number of website readers and introduced the VIP charging system was primarily because Qidian's finances could no longer sustain themselves. If they did not find a way to become profitable, Qidian would face bankruptcy due to depleted funds
Due to the serious shortage of top-tier authors at this time, how can we attract readers if we do not quickly promote a new batch of exceptional authors? How can we completely overshadow our rival, Digital Station, in the current spotlight?
In Sun Quan's memory, the starting point in 2006 was that a first subscription score exceeding 500 was not considered very poor (for ordinary authors), barely ensuring a livelihood and maintaining basic sustenance
This matter pertains to a certain online investment platform, which officially launched its digital site not long ago, approximately in May of this year.
A certain online investment platform with substantial funding, upon entering the market, exudes an imposing presence and appears to be making a strong impact, claiming an investment of over 10 million
This includes the top deities of Qidian such as Hongxue, Tiankongyun, Jiuzhi, and Jiangnan Yanyu, among others
He has been struggling for over ten years, and his pursuits have slightly improved.
An investment of over ten million, if placed a few years later, would naturally be considered insignificant
It is a lonely new book period! Just treat it as playing a single-player game
Most importantly, the departure of major, medium, and minor deities such as Hong Xue and Tian Kong Yun has freed up considerable space for other authors still writing at Qidian. It can be said that in the next one to two years, Qidian's support for emerging authors will be unprecedented.
He is ultimately a clumsy writer, wanting to maintain the writing speed of 10 chapters on the first day, but he finds it increasingly difficult. The main issue is that as the chapters accumulate, he needs to spend more time recalling the original work. Some details that he can no longer remember require him to come up with ideas on the spot, all of which slow down his writing speed.
In the blink of an eye, 5 days have passed
In simple terms, if a book has 10,000 collectors when it is listed for sale, and within the first 24 hours after its release, the number of initial subscribers reaches 1,000, then the subscription ratio for this book is 10 to 1
If there are 10,000 people who have added it to their favorites at the time of listing, but only 500 people have made their first order within the first 24 hours after the listing, then its subscription ratio is 20 to 1
... ...
Perhaps running a website is similar to being a person; one should not be too ostentatious
Almost overnight, a significant portion of the top-tier deities from the starting point were poached, along with a considerable number of mid-tier and minor deities.
Over the course of these five days, he updated two chapters each day, totaling more than 4,000 words. By the end of the five days, the word count of this serialized book has already exceeded 21,000.
For him, if the number of followers at the time of launch is less than 20,000, he will be quite disappointed
The review of the website requires time
The things that are written and published online attract readers and receive comments, which brings great joy to the authors. As for the manuscript fees... that is merely a dream.
In recent days, Sun Quan has noticed this matter in the author group, author forum, and on the homepage of Qidian.
The current data presented before him shows: Collections 0, Clicks 11, Recommendations 0, while there are two advertisement posts in the review section
However, even so, his current speed is still far beyond what it was before his rebirth
It was not until around 3 PM the next afternoon that Sun Quandi received an internal message indicating that the entry review had been approved, after refreshing the author backend for the Nth time.
Now, it has been 6 years, and the situation in the online literature community has improved somewhat.
Generally, it is difficult for authors who are not well-known to achieve over 2000 initial subscriptions
At that time, not only did the authors receive no payment for their manuscripts, but various online literature websites were also very impoverished
The dominant position of the starting point will once again become stable
A brand new pen name, and a newly published book that has just passed the library's entry review, naturally has a dismal level of popularity
From the perspective of the starting point... it may not necessarily be a cause for celebration
Sun Quan's current work "I Am a Decathlete" has been serialized with over 20,000 words and has 42 collections. It can only be said that it is just getting started. To achieve results, it is essential to have over 10,000 collections when reaching around 200,000 words; otherwise, the subscription performance after it is published will certainly not be ideal
A subscription of over 1,000 is considered a notable achievement. If one's speed is not too poor, it is possible to earn two to three thousand, or even three to four thousand, each month
If the initial score is below 1500, it is considered a failure
He, with memories of his past life, saw an opportunity
Such data, although somewhat more appealing, remains dismal
In two and a half days, he wrote the fastest on the first day, completing 10 chapters; on the second day, he wrote slightly fewer, finishing 8 chapters. Today, he wrote 2 chapters in the morning, and as of now in the afternoon, he has written 4 chapters
At the same time, a significant number of major, medium, and minor authors from Qidian were poached through a buyout at a premium.
42 collections, 281 clicks, 32 recommendations, and about 20 book reviews, among which there are seven or eight advertisements
He knows that it won't be long before the parent company of Qidian, Shengda, will invest an additional 100 million in Qidian. With this 100 million investment, it will be the turn of Digital Station to lose its voice.