June 9

How To Earn Money In Good Novel

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The idea of being able to become rich simply by writing novels is a dream come true for authors. Whether you write english literature, horror or simply feel good books, GoodNovel has your back. 

In this article, we answer all your burning questions on Good novel: How do I join Good Novel? How much does goodnovel cost? And Most importantly, is it legit? 

Stick around for a complete review on what you can expect from a good novel writer’s job, as an author and as a reader as well! 

Is writing for GoodNovel legit?

Writing for GoodNovel is a legitimate opportunity for you if you wish to write, publish and earn. The complaints of whether it is a scam or not have always been from readers, and not the authors. 

Many readers don’t appreciate the idea of paying for every chapter as they go. A reader can get hooked into a story, and just as a  cling hanger arrives, Goodnovels asks for more money. Annoying for a reader, good for you as an author. But, that’s how their business model works and they are not trying to hide it either.

It’s important to note that while GoodNovel is indeed a legit platform, there have been concerns and criticisms regarding some of their contract terms and practices. 

These concerns primarily revolve around the exclusivity and length of the contract, the grant of rights, royalty calculations, payout thresholds, and potential penalties for breach or default.

If you are considering publishing your work on GoodNovel or entering into a contract with them, it’s essential to thoroughly review and understand the terms and conditions they offer.

How To Earn Money In Good Novel

In GoodNovel, if you wish to earn money, you should have the following: 

  • A lot of interest for writing long term
  • Determination and hard work 
  • A device with internet. 

GoodNovel offers two main types of contracts for authors: exclusive and non-exclusive contracts. Here’s an overview of each contract type:

Exclusive Contract: 

By signing an exclusive contract with GoodNovel, you, as an author, agree to publish your English novels exclusively on the GoodNovel platform. Under this contract, you grant GoodNovel the right to manage and distribute your work. 

While authors retain the copyrights to their novels, they agree not to publish the same content on other platforms. 

In exchange for this very exclusivity, GoodNovel offers you certain benefits, including:

  • Higher profit share: Here, you will receive a 50% share of the net revenue generated from readers unlocking their chapters and potential adaptations of your work.
  • Signing bonus: Exclusive contract authors will receive a slightly higher signing bonus compared to goodnovel non-exclusive authors. For instance, you sign a contract, write 30 or 40k words and earn 100 to 150 dollars.
  • Monthly attendance bonus (MAB): Exclusive authors may be eligible for a monthly attendance bonus based on their consistent release of chapters.The monthly bonus requires you to write more words, for instance 40k words for 25 days or more.
  • Novel completion bonus: Authors who complete their novels may receive an additional bonus.  Based on the number of words you have completed, you get a bonus. For 80k to 120k words, you get a completion bonus of $150. As you go higher, the bonus increases. For 200k or more words, you get $400. 

Non-Exclusive Contract:

With a non-exclusive contract, you will  have the freedom to publish your novels on other platforms in addition to GoodNovel. So in this case, you retain the copyrights to your  work and have more flexibility in distributing the content. Under the non-exclusive contract, authors receive the following benefits:

  • 50% profit share: Authors earn a 50% share of the net revenue generated from readers unlocking their chapters.
  • Word-count-based reward: Non-exclusive authors may receive a $50 reward based on their novel’s word count.

The Pros of Being a Writer on GoodNovel

As a goodnovel writer, you can expect the following benefits: 

Earnings 

GoodNovel offers writers the opportunity to earn money from their novels. You can receive a share of the money generated from as more readers unlock more pages with their coins. 

Easy to enter platform

GoodNovel has a relatively low entry barrier, allowing aspiring writers to publish their novels without going through the traditional publishing route. If you’re new, this gives you a chance to reach a wide audience and potentially earn income from your work.

Writer Rewards 

GoodNovel provides you rewards based on word count milestones. As writers reach certain word count targets, they can earn additional benefits or bonuses, motivating them to continue writing and producing content.

Supportive Community

GoodNovel has an author community that is known to be supportive and non-toxic. You will be able to connect with fellow authors, share experiences, and receive feedback or advice from others in the community.

Writing Tutorials and Workshops

If you need help, they do offer writing tutorials and workshops to help writers improve their skills and storytelling techniques. These resources can be valuable for both new and experienced authors looking to enhance their craft.

User-Friendly Interface

GoodNovel provides a simple and easy-to-navigate author interface, making it convenient for you to manage your novels, track your earnings, and engage with readers as well. 

How much does GoodNovel pay authors?

The payment structure on GoodNovel varies, and the exact amount authors earn will depend on various factors such as the popularity of their novels, the number of readers unlocking their chapters, and the monetization methods employed by GoodNovel. It will also depend on what type of contract you are entering. 

While there isn’t specific information available about the payment rates on GoodNovel, it’s generally understood that you receive a share of the revenue generated from readers unlocking their chapters and reading more pages. 

Generally, you can earn from around $150 to $2,000 per month if you manage to write consistently.

How do you publish a book on GoodNovel?

To publish a book on GoodNovel, you typically follow these steps::

Visit the GoodNovel website or download the GoodNovel app from the Google Play Store or the App Store.

  • Step 1: Create an account or log in if you already have one.
  • Step 2: Navigate to the author platform or the section dedicated to writers.
  • Step 3: Look for the option to “Create” or “Publish” your novel. It may be located in the upper bar or within the author dashboard.
  • Step 4: Fill in the basic details of your novel, such as the title, genre, synopsis, and relevant tags. Provide a compelling and engaging description to attract potential readers.
  • Step 5: Write and upload your first 5,000 words or the required minimum word count specified by GoodNovel. Make sure your content is well-written, edited, and proofread.
  • Step 6: Apply for a contract with GoodNovel. This step usually involves agreeing to the terms and conditions set by the platform.
  • Step 7: Wait for a response from GoodNovel regarding your application. The review process may take some time, so be patient. If your application is approved, you will receive further instructions on how to proceed. This may include signing a contract with GoodNovel.
  • Step 8: Once your novel is accepted and the contract is finalized, you can start publishing chapters on GoodNovel. Follow the platform’s guidelines for chapter releases, word count, and any other requirements.

FAQs

Which country owns GoodNovel? 

GoodNovel is owned by Singapore New Reading Technology PTE. Ltd. based in Singapore. 

Is GoodNovel a paid app?

GoodNovel offers both free and paid content. While the platform itself is free to access, readers have the option to purchase coins to unlock premium chapters and access additional content. Its free for authors to enter and publish. 

What are the sites like GoodNovel? 

Other platforms similar to GoodNovel include Webnovel, Tapas, Radish Fiction, Royal Road, and Dreame, which offer various opportunities for authors to publish their work, engage with readers, and potentially earn income.

What genres are in GoodNovel? 

GoodNovel hosts a wide range of genres, including romance, fantasy, sci-fi, mystery, young adult, historical fiction, feel good and more.

Final Thoughts

So if you are a writer who is patient, passionate about writing novels, and interested in the romance genre (this genre sells!), GoodNovel can be a platform that offers you the opportunity to earn a good income. 

While it follows a pay-to-read model and may have its limitations, GoodNovel is a legit platform that pays authors based on their earnings. 

By consistently writing good novels, engaging with readers, and taking advantage of the platform’s author benefits, you can increase your chances of becoming rich through this platform.

Remember, writing novels requires dedication and effort, but if you enjoy the journey and embrace the challenges, GoodNovel can be a valuable platform for your writing career.


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