Feng Yu told them about the online novel websites he had experienced in his previous life. These were the online novel websites that had survived for many years.
When Feng Yu told them about online novel websites, they were stunned. They still do not know that online novel websites can be run like this.
The management methods Feng Yu told them were unimaginable. Reviews, reminders, tips, etc., all these can bring income to the authors. No one had ever done this before, and no one had even mentioned it before.
Also, the benefits for the authors were something they had never thought about. Feng Yu said he will buy insurance for the authors!
The authors can understand different recommendations depending on the sales. But Feng Yu said he will introduce mobile reading in the future. This means the authors can read novels on their mobile phones. This made them speechless for a long time.
The current smartphones can only open web pages, and they still need to charge for data usage. Using a smartphone to read novels, the words will be small, and the data usage fees will be higher than the subscription fees.
But downloading is more convenient, and Feng Yu had already provided for them.
Feng Yu also knew that the concepts he mentioned were too advanced. The current smartphone applications were still very weak. It was not like his previous life, where a high-end smartphone had almost the same specs as the current PC.
All these cannot be achieved now, but what about 10 years later? Also, it will not take 10 years. 5 years should be enough.
Feng Yu told them some things they need to take note of. For example, the top authors must receive better treatment. It's like a management company. Celebrities and ordinary artistes will receive different treatment.
Even if a celebrity gets 10% commission, it will be more than a small artistes who get 90% commission.
Also, the top authors must have a sense of belonging to the website. This way, other websites will not increase their remuneration and attract them to jump ship. Also, the top authors must not be under the sole responsibility of an editor. If an editor jumps ship, the author might be taken away. The attraction of a top author is enough to support some small websites.
The last point is to ensure the quality of online novels. More importantly, it must not be against the law!
Feng Yu had seen many websites that wrote those kinds of novels on Qidian website. This was definitely not allowed. At least, it was illegal in China.
Of course, in the future, if Feng Yu opens a website in Taiwan or other regions, he can. This is because in some countries, these websites are legal. However, Feng Yu personally did not recommend doing this. At least in the hearts of the people, the novel website would be labeled as indecent!
There were also some reactionary, violent, and other violations of national laws, which must not be published. If the higher-ups issued a policy, it would be a big blow to the website.
As for the fear that there were not enough authors and that there were too few books on the website, that was not an issue. They could negotiate with some physical book authors to buy out the rights to the electronic version of the website and find people to upload them. This would increase the number of novels on the website and also increase the popularity of the website.
For example, if the website could serialize Jin Yong's wuxia novels, then there would be no need to worry about not having readers. Although Jin Yong had stopped writing, his wuxia novels were still very popular. Also, Huang Yi's novel "Searching for Qin" could be used as a model for historical transmigration novels!
Also, don't just think about the author, you also have to think about the readers. Readers' payments should not be based on one model, but on different levels. It was like how supermarkets have membership cards, and customers can get discounts. Paying readers on the website can also get VIP cards, and the VIP cards will be cheaper.
Between ordinary paying readers and premium VIP cards, there were different levels. The amount of money spent will be different, and the amount of money spent will be different, etc.
This way, the initial phase of the website could attract some readers to top up their accounts, and the website could recover some funds quickly.
Feng Yu had said a lot, and those people remembered it well. They finally understood that Feng Yu was a genius. His thinking was admirable. No wonder he was the World's Richest Man. It was not luck.
… …
On a certain novel forum, a few frequent authors saw a pinned post: Qidian Chinese Website is launching an author welfare program.
What the heck? This kind of novel website even has author welfare programs?
Some people clicked on it and realized it was very attractive. They heard that this website had introduced a pay-to-read model. Although there were not many paying readers, it was still a source of income. Some of the authors had wanted to publish their novels on this website, and when they saw the benefits, they could not hold it in anymore.
There were many publishing companies, including Simplified Chinese, Traditional Chinese, and English publishing companies. There was also a chance for the authors to adapt their novels into TV dramas and scripts. There was also a chance for the authors to work with Wind and Rain Games to adapt their novels into online games. They could also get investments from Wind and Rain Games to write novels for the games.
After signing the contract, the authors could get an accident insurance policy. Although the amount was not high, it was heartwarming. Also, there were many ways for the authors to earn money.
There was also an Author Salon at the end of the year to select outstanding authors from the website. The authors could meet their peers and editors face to face. The website will pay for their accommodation and travel expenses. In the future, the website will also set up writing training courses, and they will invite literature professors to train outstanding authors.
Each and every one of the benefits was so attractive. Some authors could not wait any longer. They had wanted to publish their novels on another website, but they registered an account on Qidian and decided to publish their novels on this website.
Some of the more excited ones even ended their novels so that they could start from the beginning.
Similar online advertisements did not only appear on these forums. Other web portals had also done some advertisements to make more authors believe that this website was very powerful. To be able to fork out so much money to advertise, it definitely had the ability to do so.
In the end, there was a piece of news. Qidian had received an investment from Taihua Consulting, and Taihua Consulting's parent company is Taihua Holdings, which is Feng Yu's company! Even the World's Richest Man had invested in this website.
… …
"What's going on? Why did the famous authors on our website suddenly end their novels? What about their new book? Aren't they writing a new book? "
"Director Wang, they have all gone to that Qidian website."
"Huh? We are the best in the industry, and we have the most readers and traffic. Why did those authors choose Qidian? Their pay-to-read model does not have many paying readers. "
"They had introduced benefits for authors and even said they can adapt their novels into movies, dramas, online games, and publish them in Simplified and Traditional Chinese to increase the authors' income. Those authors must be after money."
"They can do that? This was impossible. We are the best in the industry, and they dare to brag when we can't even do that? "
"I heard that Mr. Feng Yu had invested in that website. Should we invest a sum of money to poach those authors? "
"No need. They will know they made the wrong choice after they suffer losses. Feng Yu had also invested in this website. Why would the World's Richest Man invest in this website? Even if they want to invest, they should invest in us. We are the best in the industry! Some authors are creating trouble now, and they want us to charge for this website. Let's treat this as a lesson to them. They are the ones who fell into the trap! "
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
