Monetization
Coming Soon - Monetization features are currently in development. This page describes the planned system. Details may change before launch.
Earn money from your interactive stories on Storyfall through reader subscriptions. Set up subscription tiers on your writer page and choose which stories require a subscription to read.
Overview
Storyfall uses a subscription-based monetization model powered by Stripe. Readers subscribe to your writer page, and you choose which stories are free and which require a subscription. You earn recurring revenue from your subscriber base.
How It Works
Stripe Connect
Monetization is powered by Stripe Connect. To start earning, you need to set up a Stripe Connect account through Storyfall:
- Go to your Profile Settings.
- Navigate to the Monetization section.
- Click “Set Up Payments”.
- Complete the Stripe onboarding process.
Stripe handles all payment processing, tax calculation, and payouts. You’ll need a bank account for receiving payments.
Geographic Availability
Monetization is currently available to authors and readers in the United States only. Both the author receiving payments and the reader making purchases must be US-based.
Subscription Tiers
Set up subscription plans on your writer page that readers can subscribe to:
Monthly Subscriptions
Readers pay a recurring monthly fee for access to your premium content.
Yearly Subscriptions
Offer a discounted annual plan as an alternative to monthly billing. Yearly subscriptions give readers a better price and give you more predictable revenue.
Setting Prices
Choose your own subscription prices. You have full control over what to charge for each tier.
Free vs. Paid Stories
For each story you publish, you decide the access level:
Free Stories
- Anyone can read, no subscription required.
- Great for building your audience.
- Can be monetized later through tips or by converting to paid.
Subscription Required
- Readers must subscribe to your writer page to access the story.
- You can offer free chapters so readers can sample the story before subscribing.
- Existing subscribers get immediate access to new paid stories.
Free Chapters
When a story requires a subscription, you can designate certain chapters as free. Potential subscribers can read the beginning of your story before deciding to subscribe.
Fee Structure
When you earn money through Storyfall:
- Platform fee: 30% of each transaction goes to Storyfall.
- Stripe fees: Standard Stripe processing fees (approximately 3.4% + $0.80) are deducted.
- Your earnings: The remainder goes to your Stripe account.
Price Grandfathering
If you raise your subscription price, existing subscribers keep their original lower price. This rewards early supporters and encourages readers to subscribe sooner rather than later.
Earnings Dashboard
Track your revenue and subscriber metrics:
- Total earnings over time.
- Active subscriber count.
- Revenue breakdown by subscription tier.
- Payout history from Stripe.
Next Steps
- Publishing Your Story - Publish your story and configure access settings.
- Blog Posts - Keep subscribers engaged with regular updates.
- Forums - Build community around your stories.