Chapter 1786 Hu Bian's Plan

“That’s easy to say. Although we don’t have any traffic, we can offer a good minimum price.”

"As long as you're willing to come, the minimum price won't be low."

Hu Bian's eyes were filled with confidence. He believed that as long as the guaranteed price was right, more than 80% of the authors would be willing to come.

Of course, it's still very difficult to poach those top authors.

Those authors already have their own IPs, and they no longer care about the guaranteed minimum price.

"I wonder what kind of guaranteed price Mr. Hu can offer."

Another editor spoke up and asked.

"Top-tier authors receive a minimum of 800-1000 RMB per thousand words, while excellent authors receive 200-500 RMB per thousand words."

"Of course, these guaranteed prices are determined based on the quality of the latest work."

"Of course, only recruiting authors of high-quality works would not be conducive to the future development of the website, so we will also recruit some new authors as appropriate."

"We can guarantee 40 yuan per thousand words for new authors. If you can guarantee full attendance and updates, the guarantee can be increased to 50 yuan per thousand words."

"Of course, authors who have achieved success on other websites can also receive more."

"As for the specific price you can offer, as professional editors, I hope you can provide a professional assessment."

"Although the website doesn't have much traffic right now, and authors' income is based on a guaranteed minimum, if one day an author's book becomes a hit, you as editors will also receive a share of the revenue and bonuses."

"........."

Hu Bian looked at the group of editors in the lounge and explained his thoughts.

The guaranteed minimum he offered was arguably the highest among all online novel platforms.

Upon hearing Hu Bian's words, the editors exchanged glances, all showing expressions of shock.

A top-tier author is guaranteed 1000 yuan per thousand words, which is already a very high price, especially considering a perfect attendance rate of 4000 words per day.

As long as you maintain an update of 4000 words per day, your guaranteed daily income will be 4000 yuan, and your guaranteed monthly income will be 12 yuan.

If a top-tier author receives a guaranteed minimum of 500 yuan per thousand words, that's 4000 yuan a day, which is 2000 yuan.

That would guarantee a minimum of 60,000 yuan per month.

Earning 60,000 yuan a month is already a very good income for a top-quality author.

Of course, for some top authors, if there are many subscribers, the monthly income can exceed these.

However, the most important point is that not every top author's income is so stable. Some top authors may earn a good income because they wrote a particularly good book.

However, the next book might not perform as well, and it might only earn 1 to 2 yuan a month.

However, the guaranteed minimum is different. It can provide a stable monthly income of 6 yuan, and that's only based on a minimum of 4000 words. If you update a lot, such as 6000, 8000, or 10000 words a day, your income can double.

Furthermore, as website traffic increases and book subscriptions exceed the guaranteed minimum, revenue sharing can continue to be earned.

The guaranteed minimum of 50 yuan per thousand words for new authors is a very good price, and the guaranteed income per month is 6000 yuan.

If I update more frequently, earning 10,000 yuan a month is not a problem.

This is undoubtedly very friendly for a new author. Of course, according to what Mr. Hu just said, the difficulty of signing this contract should be much higher.

"I've already covered the main points. Our Tomorrow Novel website primarily focuses on the quality of novels. These minimum guarantees are to allow authors to create with peace of mind."

Hu Bian's gaze swept over the group of editors in the lounge; he himself had been a novelist before.

I was a newbie once too. The biggest challenge for new authors is income; without income, it's hard to keep creating.

"That's all for now. If you have any questions, feel free to ask."

"Mr. Hu, we have no doubts about the guaranteed minimum. With such a high guaranteed minimum, we will definitely be able to attract a group of authors."

“It’s easy to talk about top-tier and established authors; they generally won’t abandon their works or stop updating. But it’s a different story for new authors.”

"When we receive manuscripts, we only look at the author's opening paragraph. We can't control the subsequent content indefinitely."

"The biggest problem for new authors is that they lack stamina. They may not be able to write any more words after reaching a certain word count because they lack the writing skills."

"Or some new authors don't persevere and just stop writing after a while. How should we deal with this situation?"

An editor asked,

It's common for new authors to stop updating their work on various websites.

With such a high guaranteed price offered here, the losses would be much greater if a new author stopped updating.

"I have also considered the possibility of authors stopping updating their work. It would be too difficult to ask new authors not to stop updating their work."

"So if a new author stops updating, and wants to continue writing books on our website, they can only start a new book after the new book is finished and the ending is not too bad."

"I will also set up an auditing department here, which will regularly audit the authors' books to prevent some authors from deliberately writing nonsense in order to earn a guaranteed minimum."

"For such authors, the website will blacklist them and will not allow them to sign contracts in the future."

Hu Bian briefly explained that this was the only way the website could deal with the author's decision to stop updating and cut off the book.

We can't stop recruiting new authors just because they're prone to dropping out or abandoning their books.

However, no matter what industry it is, it needs fresh blood. Only with a constant influx of fresh blood can online literature continue to innovate and produce more hit works.

"Any other questions? If not, we can talk about signing the contract."

"After signing the contract, you will be starting work in the next few days. The novel website has just been established, and there are many things to do."

"We also need you to recruit a group of authors as soon as possible to add books to the website's library."

Hu Bian slowly began to speak.

"Mr. Hu, I have no objection. We can sign the contract directly."

"Mr. Hu, I have no problem either."

"........."

Several editors quickly nodded in agreement, mainly because the benefits offered were too good. Although the website lacked traffic, they probably wouldn't be able to get any subscription revenue from the authors in the short term.

However, the guaranteed minimum salary offered by the website is already more than what they earned on their original website.

"Alright, that's settled. Editors who want to sign the contract can stay now, and we'll sign it shortly."

"As for editors who are still interested, we'll have to work with them later."

Hu Bian stood up and said.

As Hu Bian's voice faded, several editors who were still considering their options got up and left the lounge.