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zulu_dude - 4:23 pm on Aug 21, 2005 (gmt 0)
Would it be possible to pay authors on a time-limited CPM basis. In other words, pay them a certain rate for every 1000 times their article is viewed. It would almost certainly have to be higher than a normal ad CPM, but not much. For example, someone writes you an article. You put it up on your page and agree with the author that you will pay them (for example) $20 per 1000 times that the article is viewed, within the first (for example) 2 months. The benefit for the webmaster is that if the article is rubbish and no-one reads it, you don't have to fork out large amounts of cash for it. The benefit for the writer is that if it's a life-changingly good article and it becomes the next 'big thing', they get a fair slice of the revenue that it generates, instead of a set amount. Additionally, should the webmaster be implementing a CPM ad campaign on that page, income from that should offset the money paid to the writer. After the 2 month initial period, the writer is no longer paid for it, or could be paid a reduced rate for the next 4 months. Almost like royalties are paid to musicians.
I've been thinking a lot about how best to pay writers for articles that I'm not able to write myself. Much has been said about fees paid per article, etc, but I'd like to get some thoughts on another way of paying for articles. I think this would only work for established sites, but it'd be an interesting debate for everyone nonetheless.