Substack vs Medium: Which Platform Is Right for You?

By Warden

February 2, 2025

·

6 min read

Substack vs Medium: Which Platform Is Right for You?

Choosing the right platform to host your writing can feel like navigating a digital maze. Should you build your writer's haven on Substack or Medium? Both platforms offer enticing opportunities for writers, but understanding their nuances is key to making an informed decision. This article dives deep into the Substack vs. Medium debate, comparing key features and helping you determine the perfect fit for your writing aspirations.

Let's embark on this journey to discover which platform will empower your writing journey.

Head-to-Head: Pricing & Monetization

For many writers, the potential to earn from their craft is a significant factor. So, let's compare how Substack and Medium approach pricing and monetization:

Comparison chart of Substack and Medium pricing and monetization models

Substack: The Subscription Playbook

Substack embraces a subscription-based model. Think of it as building your own exclusive club where readers pay a recurring fee (monthly or annually) to access your premium content.

Pros:

  • Direct reader support: Earn recurring revenue directly from your most dedicated audience.
  • Potential for higher earnings: Loyal subscribers can translate to a predictable income stream.
  • Control over pricing: You set the subscription fees for your content.

Cons:

  • Building a subscriber base takes time: It requires consistent effort to convert readers into paying subscribers.
  • Not ideal for all content types: Subscription models work best for niche content or writers with an established following.

Medium: The Partner Program Arena

Medium offers a revenue-sharing model through its Partner Program. Writers earn based on engagement metrics (primarily reading time) from members who pay for a Medium subscription.

Pros:

  • Built-in audience: Tap into Medium's vast readership and potentially gain exposure to a wider audience.
  • No upfront cost for readers: Readers can access your content for free (with limitations) or subscribe to Medium for unlimited access.
  • Easy to get started: Joining the Partner Program is relatively straightforward.

Cons:

  • Earnings can be unpredictable: Your income depends on factors beyond your control, like changes in Medium's algorithm.
  • Lower earning potential for most: Only a small percentage of writers earn significant income through the Partner Program.
  • Limited control over monetization: You're subject to Medium's rules and payment structure.

The Bottom Line:

Substack empowers you to build a direct revenue stream from dedicated subscribers, while Medium offers the potential to reach a broader audience but with less earning predictability.

Building Your Audience: Reach & Engagement

A thriving audience is the lifeblood of any writer. Let's examine how Substack and Medium fare in terms of audience building:

Illustration of community building on Substack versus algorithmic discovery on Medium

Substack: Cultivating Your Community Garden

Substack encourages you to cultivate a loyal community around your work.

  • Email is king: Substack prioritizes email subscriptions, allowing you to build direct relationships with your readers through newsletters.
  • Organic growth through recommendations: Readers can easily share your Substack, leading to organic growth through word-of-mouth.
  • Community features: Substack offers tools for reader interaction, including comments sections and discussion threads.

Medium: Navigating the Content Stream

Medium operates on a discovery-driven model, relying on algorithms and curation to connect readers with relevant content.

  • Exposure through recommendations: Medium's algorithms surface your content to readers who might be interested based on their reading history.
  • Publication opportunities: Joining Medium publications (curated collections of articles around specific themes) can expand your reach.
  • Social sharing: Easy sharing options allow readers to share your work on social media platforms.

The Bottom Line:

Substack empowers you to build a dedicated community through email subscriptions and direct engagement, while Medium offers broader exposure potential through its algorithm and publication network.

Content is King: Ownership & Control

As a writer, your content is your kingdom. Let's clarify the rules of ownership and control on Substack and Medium:

Diagram showing content ownership on Substack versus Medium

Substack: Your Content, Your Castle

Substack firmly believes in writer ownership.

  • You own your content: You retain full rights to your work, granting Substack a license to distribute it.
  • Creative freedom: Substack gives you significant control over your content's presentation, branding, and voice.
  • Flexibility to migrate: You can download your content and subscriber list if you choose to leave Substack.

Medium: Playing by the Platform's Rules

Medium's content ownership policies are more nuanced.

  • Non-exclusive license: You grant Medium a non-exclusive license to publish and distribute your work.
  • Content guidelines: Medium has content guidelines that you need to adhere to, which can sometimes feel limiting.
  • Less design control: Medium offers limited customization options, prioritizing a uniform reading experience.

The Bottom Line:

Substack champions writer ownership and creative control, while Medium prioritizes a standardized platform experience, even if it means less flexibility for writers.

Features Face-Off: Tools for Success

Both Substack and Medium offer a suite of features to enhance your writing experience. Let's compare their toolboxes:

Side-by-side comparison of Substack and Medium features

Substack: The Streamlined Newsletter Powerhouse

Substack's strength lies in its simplicity and focus on newsletters.

  • Intuitive newsletter editor: Easily create and send visually appealing newsletters to your subscribers.
  • Subscription management: Manage your subscriber list, track growth metrics, and analyze reader engagement.
  • Basic website builder: Create a simple website to host your Substack and provide a central hub for your work.

Medium: The Multifaceted Content Platform

Medium offers a wider range of features, catering to diverse content formats and writing goals.

  • Versatile editor: Craft articles, stories, and even serialized novels using Medium's feature-rich editor.
  • Publication network: Join publications to connect with like-minded writers and reach a wider audience.
  • Reading stats and analytics: Track views, reads, and engagement metrics to understand your audience better.

The Bottom Line:

Substack excels at providing a streamlined experience for newsletter creation and audience growth, while Medium offers a more versatile platform with a broader range of features and content formats.

The Verdict: Which Platform Comes Out on Top?

The ultimate winner in the Substack vs. Medium battle depends entirely on your unique goals and priorities as a writer.

Decision-making flowchart for choosing between Substack and Medium

Choose Substack if:

  • Building a direct relationship with your audience through subscriptions is a top priority.
  • You crave creative control over your content, branding, and pricing.
  • You primarily focus on newsletter-style content and value a simple, streamlined platform.

Choose Medium if:

  • Reaching a wider audience through organic discovery and curated publications is your main goal.
  • You're comfortable with a revenue-sharing model and value the potential for broader exposure.
  • You enjoy experimenting with different content formats and appreciate a platform with diverse features.

Still unsure which platform to choose? Share your writing goals in the comments below – let's find the perfect fit for you!