CentUp Offers A Unique Profit Model For Writers

By Mike Maddaloni on Wednesday, March 05, 2014 at 11:54 PM with 5 comments

How much would you pay to read this blog post?

CentUp logo

Ok, I hope you are still with me and not rolling on the floor in laughter. In all seriousness, I am asking the question – how much would you pay to read this blog post, or any blog post for that matter, here on The Hot Iron? No, I am not going to put up a paywall and start charging people to read here as I don’t believe in such a thing.

As it takes time to come up with ideas, write them, edit them, come up with some original visual to go with them and post them to the site, that time is some value to me. That being said, I do not do this for direct financial gain. Where I do enjoy doing so, getting a little something in return can’t hurt. And for good measure, how about help a charity in the process?

What I just described in the last few sentences is the idea behind CentUp, a service which has been around for almost a year, which provides a button – similar to a social sharing button – where you can contribute a few cents to a few dollars to a content writer directly on their site. If you scroll to the bottom of this post at The Hot Iron you will see a CentUp button below the row of social media sharing buttons, so I can speak to CentUp with first-hand experience.

Click a Button, Help a Writer and a Charity

The end-user experience of CentUp is very straightforward, and its elegance comes from its simplicity, as you can see in the embedded Vine video above. If you cannot see the video, you can view the video of me pressing the CentUp button at Vine. You simply click on the CentUp button on a Web page or blog post that you would like to give to (or pay to or contribute to or whatever term you deem appropriate). Half of whatever amount you choose will go to the publisher, and half goes to a charity selected by the publisher from a list of charities affiliated with CentUp.

To use the button, you need an account with CentUp. If you click on the button and don’t have an account, you can sign-up on their Web site, put funds in your account, then log in and contribute. As I have the button on my site, I have an account with CentUp, and whenever I see the button and providing I liked what I read, I will give at least 10 cents to a publisher. If you’re thinking, “not another account to setup,” read on as you’ll learn more of the value a CentUp account delivers.

All clicks of the CentUp button on The Hot Iron are shared between myself and the Women With Drive Foundation, a great organization who provides women with transportation means to get to their jobs. I truly did not do them justice with that boiled-down description and I encourage you to visit their Web site for more information. There are a number of charities that content publishers can choose from and this list has expanded over the last year I have used CentUp.

The Point Is Not Early Retirement

By so far earning under a dollar per blog post, I am not considering CentUp part of my overall retirement strategy. But that is not why I use CentUp. First and foremost, I believe there is plenty of content out there on the Internet that is of value. This includes blogs, news sites, and Web sites in general. That being said, I or anyone else is not going to go through the process of registering for every site out there and paying some amount of money for content of what quality I really don’t know until I explore and read it.

In other words, if I read something and find value in it, I can offer payment for it, a true value-for-value model.

CentUp offers a one-stop payment method for Web content. I don’t need all of those accounts and logins and passwords, and sharing my credit card information all over the place. I also don’t need large sums of money to register for varying content. If I like something, I can give them a little bit of money. If it is good content, many people will do that. Right next to the button is how much money has been given so far, which is a transparent way to see how potentially popular and relevant the content may be. CentUp is a simple model that makes sense, and one I have embraced.

There is no fee to join, and adding the button to your blog or site is technically straightforward. You can tag an entire site or individual pages or posts on a blog. Again I am not doing CentUp the best justice they deserve, and I encourage you to explore the CentUp site for more information and if you have any questions on it conceptually or technically.

Unique Community of Content

There are several dozen sites now using CentUp and that number grows whenever I check back on the site. CentUp has taken advantage of this collection of content and has built a community of writers and publishers, including a newsletter of curated content on a regular basis. I have now started to subscribe to many of their RSS feeds of these blogs and sites to read their content directly. They recently added a reader app to their site within your account, but I still prefer my RSS reader for aggregating all of my content.

Do you use CentUp? Have I piqued your interest in it? Would you avoid it like I avoid Facebook? Share your thoughts in the comments below, and feel free to ask any questions you may have about CentUp as I may be able to help, or someone from CentUp may even respond themselves as they are readers as well.


This is from The Hot Iron, a journal on business and technology by Mike Maddaloni.


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BloggingBusinessTechnologySocial MediaThriveWeb Development • (5) CommentsPermalink

Comments

Quite interesting approach, I never heard of CentUp before. Thanks for sharing Mike! Is there a place to look at the available charities to choose form!? I couldn’t find anything on their website…
Cheers, Oliver

Picture of Oliver Comment by Oliver
on 03/06/14 at 03:01 AM
 


@Oliver - Thanks for your comment. The list of charities is viewable once you create an account with CentUp. I will reach out to them to see if they may have posted it elsewhere I am not aware of.

mp/m

Picture of Mike Maddaloni Comment by Mike Maddaloni
on 03/06/14 at 09:21 AM
 


Hi Mike,thanks for letting me know! I think it actually might be a good idea to have this list available on their website cause it also may have an impact on people signing up and using the service.
Thanks again for your efforts Mike, much appreciated!

Picture of Oliver Comment by Oliver
on 03/06/14 at 09:30 AM
 


Hey Oliver,

Our charities are available here: https://www.centup.org/charities

We’re working to add new charities frequently, but are doing so as we scale users so we don’t dilute the giving. If there’s a particular charity you’re interested in seeing, please let us know.

Thanks,

- Team CentUp

Picture of Tyler Comment by Tyler
on 03/06/14 at 04:15 PM
 


Hi Tyler,

many thanks for popping by and providing the link to the charities available, much appreciated!

You cover quite a range of charities and I understand your concerns when it comes to keeping the list “manageable”.
Judging a quick look at the one available I would probably go for “Pencils of Promise”. I will certainly keep you in mind and wish you luck with your mission! The idea sounds quite interesting indeed…

Cheers,
Oliver

Picture of Oliver Comment by Oliver
on 03/07/14 at 01:31 AM
 


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