Reedsy Guide: How To Make Money as an Author with Reedsy? (2023)

Want To Turn Your Passion For Writing Into A Lucrative Career? Look No Further Than Reedsy! Our Guide Will Show You How To Make Money As An Author With Reedsy. Unlock Your Full Potential Today!

What is Reedsy?

Reedsy is a unique online platform that connects authors with publishing professionals, such as editors, designers, marketers & publicists, to help them bring their books to life. Founded in 2014, Reedsy has quickly become one of the most popular & trusted resources for authors who want to self-publish or work with traditional publishers.

At its core, Reedsy is all about empowering authors to take control of their publishing journey. By providing a wide range of tools & services, Reedsy helps authors achieve their goals & reach their readership in a more efficient & effective way.

One of the key features of Reedsy is its marketplace, which allows authors to browse and hire a wide range of publishing professionals based on their specific needs & budget. From copy editors to book cover designers, Reedsy has a wide range of talented professionals who can help authors achieve the highest quality results.

In addition to its marketplace, Reedsy also offers a number of other tools & resources that authors can use to streamline their publishing process. For example, Reedsy's book editor allows authors to write & format their books in a professional manner, while its book marketing tool provides authors with tips & strategies for promoting their books to a wider audience.

Another unique feature of Reedsy is its book discovery platform, which is designed to help readers find new & exciting books to read. By featuring curated lists of books across a wide range of genres and categories, Reedsy Discovery helps authors increase their visibility & attract new readers.

Overall, Reedsy is a valuable resource for authors who are looking to take their publishing career to the next level. With its wide range of tools, services & resources, Reedsy makes it easier than ever for authors to achieve their publishing goals & connect with their readership. Whether you're a self-published author or working with a traditional publisher, Reedsy is a platform that can help you achieve success in the competitive world of publishing.

How does Reedsy work?

Reedsy works by connecting authors with the right publishing professionals for their projects. When you sign up for Reedsy as an author, you'll be able to browse through a list of professionals & view their profiles, portfolios & rates. You can then select the professionals you want to work with & send them a message to discuss your project.

9 Ways To Make Money as an Author with Reedsy:

There are several ways you can make money as an author with Reedsy. Here are some of the most popular options:

1. Hire professionals through Reedsy:

One of the most straightforward ways to make money as an author with Reedsy is to hire professionals through the platform. Reedsy has a wide range of professionals to choose from, including editors, cover designers & book marketers. By hiring these professionals through Reedsy, you can ensure that you're getting high-quality services at competitive rates.

2. Sell your books on Reedsy Discovery:

Reedsy Discovery is a platform that helps readers discover new books. As an author, you can submit your book to Reedsy Discovery for a fee, and it will be featured on the platform. Readers can then browse through the featured books & purchase them directly from the author. Reedsy takes a small commission on each sale, but the majority of the revenue goes to the author.

3. Participate in the Reedsy Book Editor Program:

The Reedsy Book Editor Program is a program that allows authors to earn money by reviewing & editing books. As a book editor, you'll be able to browse through a list of books and select the ones you want to work on. You'll then provide feedback & suggestions to the author, and you'll be paid for your services. This is a great way to make money while honing your editing skills.

4. Offer your services as a professional on Reedsy:

If you have skills in editing, cover design, or book marketing, you can offer your services as a professional on Reedsy. By creating a profile on Reedsy, you can showcase your skills & attract clients who are looking for your services. This is a great way to build your portfolio & establish yourself as a professional in the publishing industry.

5. Participate in Reedsy Writing Contests:

Reedsy hosts frequent writing contests that offer cash prizes and other rewards for winning entries. These contests are open to all writers & they cover various genres and themes. By participating in these contests, you can not only win cash prizes but also gain exposure for your writing & potentially attract new readers.

6. Offer Consulting Services:

If you have expertise in a specific area of publishing, such as book marketing or cover design, you can offer consulting services on Reedsy. You can set your own rates & work with clients to provide customized solutions that meet their needs. This can be a lucrative way to earn money while sharing your knowledge & helping other authors succeed.

7. Sell Merchandise on Reedsy Discovery:

Reedsy Discovery allows authors to sell merchandise related to their books, such as signed copies, bookmarks & other swag. By offering these items to readers, you can not only earn additional income but also build a stronger connection with your audience & increase your book sales.

8. Host Writing Workshops or Webinars:

If you have teaching experience or a passion for sharing your writing skills with others, you can host writing workshops or webinars on Reedsy. You can charge a fee for attendance & use your expertise to help aspiring writers improve their craft. This can be a fulfilling way to earn money while also making a positive impact on the writing community.

9. Collaborate with Other Authors or Professionals:

Finally, Reedsy is a great platform for networking & collaborating with other authors or publishing professionals. By working together on projects like co-authoring a book or providing joint services to clients, you can increase your exposure & potentially earn more money than you would work alone. Collaborating with others can also be a fun & rewarding way to grow your skills and expand your horizons as an author.

Common Reedsy FAQs:

1. Is Reedsy free to use?

Reedsy is free to use for authors. However, there are fees associated with some of the services, such as submitting your book to Reedsy Discovery.

2. How much does it cost to hire professionals on Reedsy?

The cost of hiring professionals on Reedsy varies depending on the type of service & the professional's rates. However, Reedsy provides transparent pricing, and you can browse through the professionals' rates on their profiles.

3. How do I get paid for selling my books on Reedsy Discovery?

Reedsy pays authors for book sales on a monthly basis via PayPal or bank transfer. You'll receive 80% of the revenue from each sale & Reedsy will take a 20% commission.

4. Can I submit my book to Reedsy Discovery if it's already been published?

Yes, you can submit your book to Reedsy Discovery even if it's already been published. However, your book must be available for sale on major retailers like Amazon, Barnes & Noble & Kobo.

5. How do I become a professional on Reedsy?

To become a professional on Reedsy, you'll need to create a profile & showcase your skills and portfolio. Reedsy has a rigorous selection process, and they only accept professionals with high-quality work & experience in the publishing industry.

Conclusion:

Reedsy is a powerful platform that can help authors monetize their skills and turn their passion into a source of income. Whether you're looking to hire professionals, sell your books, participate in the Reedsy Book Editor Program, or offer your services as a professional, Reedsy has something to offer. By taking advantage of the platform's many features, you can achieve your publishing goals & make money as an author.