Erik Sherman's WriterBiz

A spot about the business of writing as seen by a freelance writer. That includes marketing, sales, contracts, copyright, planning, research - in short, the business end of writing.

Name: Erik Sherman
Location: Massachusetts, United States

I'm an independent writer and photographer who covers business, food, technology, books, media, general features, and pretty much anything appealing that results in a signed check. My work has appeared in such places as the New York Times Magazine, Newsweek, Newsweek Japan, Fortune, Inc, Fortune Small Business, the Financial Times, Advertising Age, Saveur, US News & World Report, and Continental

Tuesday, June 9, 2009

Questions to Ask Helium to Avoid Hot Air

Michelle Rafter's blog had a couple of guest posts about content aggregator Helium. Tim Beyers warned writers off writing for Helium and Helium new member outreach manager Barbara Whitlock said that writers should.

Being the sometimes practical and often cranky man that I am, I just want to know about the money. Helium announced that it had paid writers more than $1 million since its inception, and half of that in the last six months. That may sound attractive, but the real question is something I like to remember by the clumsy acronym HMWEM, or How Much Will Erik Make?

You see, when it comes to connecting writing and making money, I'm not interested in a good story. I want to see numbers on the page. Looking a bit further into Helium's press release on its million dollar mark, we see the following:
  • Since 2006, writers have posted 1.25 million articles on 125,000 topics.

  • Over 1,000 writers have earned more than $100 from their work for Helium.

  • "Top earners" have made more then $5,000 "in a matter of months."
Let's do the math:
  1. The average story will make 80 cents.

  2. There's no indication I can find about how many "top earners" they have. But according to one mention on helium, there was one person who made $5,000 in six months. He averaged an hour a day, according to the release. That's 30 hours a month for six months, or 180 hours. So, he managed $27.78 an hour in revenue. But apparently there is no other big earner mentioned. Could he be the only one? Also, how many articles did he have to write?
  3. On a "bulk sale" of content, some writers got $5. When you read this in context, it makes it sound like $5 was the high end.

  4. According to the site's press page, there are more than 100,000 writers on the site. So, at the tops mathematically, it's an average of $10 per person.
I understand that Ms. Whitlock wrote, "Helium isn’t a substitute for a full-time job, but it can be combined with other freelance gigs to provide additional revenue. Plus, the freedom to also write what you want is appealing for many." But when put to the HMWEM test, the answer still sounds like nowhere near enough to justify the effort.

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