That was because there was no limit in the fixed-rates. The website had to ensure that it would not incur losses.
The website would estimate the royalties that authors could receive from writing subscriptions. Then, they would give a fixed-rate contract that was slightly higher than the royalties.
If the content written by the author was lower than the value of the subscriptions, the website would lose money. If the content written by the author was higher than the value of the subscriptions, the author would lose money.
However, for the authors at this website, if they were to write subscriptions that earned a lot and felt that they could improve further, they would definitely not sign the fixed-rate contract because it would destroy their fighting spirit. On the other hand, some authors who did not earn much from subscriptions and did not have good abilities. Signing the fixed-rate contract would not motivate them to work harder. Instead, it would objectively encourage them to wait for death.
Tips, opportunities to make money：Make money online is more reliable Thus, it was easier to use fixed-rate contracts when poaching people. However, if they were to use it on their own people, the website and the author might lose out.
That was why Ma Yiqun was so confused by Boss Pei’s strategy.
Pei Qian looked at Ma Yiqun’s confused expression and smiled without saying anything.
Tips, opportunities to make money：What makes money on the Internet is fast I am trying to wear down the morale of the authors!
Many authors knew that it would be very easy for people to become useless if they were on fixed-rate contracts.
Tips, opportunities to make money：Make money online is really the kinds of fruit That was because fixed-rate contracts were usually based on word count. The quality of the works would not affect the authors’ income. The website would pay according to word count no matter what rubbish the authors wrote, as long as it was not in violation of the contract.
To the authors, if they wrote well and exceeded the purchase price, the money they earned would not change. It would be equivalent to losing money. Thus, they would lack the motivation to write well.
Of course, in order to avoid these problems, many websites added many supplementary terms to the fixed-rate contracts. For example, when the situation was not good, the editor had the right to request the author to make amendments or finish the book in advance. When the book’s popularity reached a certain height, the author could make requests to the website to change from fixed-rate contract to royalty contract. Or he could just sign a “Minimum Guarantee”. That was to go with a fixed-rate contract when the earnings did not exceed a certain value. If it was exceeded they would convert to a royalty contract.
However, Pei Qian obviously did not intend to use this method.
Pei Qian took a sip of his tea and continued, “We will only offer fixed-rate contracts for the top writers on our website.”