Yes, for a beginner it's a great place to start and get experience. However I learnt the hard way from the Google Panda algorithm change that having all your eggs in one basket can easily lead to a lot of broken eggs.
I think 'profitable' is the wrong word to use, The only time loss/profit comes into play is when you invest your hard earned cash.
On HP you don't need to do that. The only thing you need is to produce good quality content, market that content online and build up a readership, be patient and in due time you will start to earn money from it.
My way of looking at it is - I would spend say on average 2hrs per week on surfing looking at other peoples webs, now if instead of wasting those 2hrs purely surfing I use that time to create 1/2 hubs and in time those hubs earn more money then that's time well spent.
It is for the proprietors. $8mill recently declared nett profit. So it's working fine.
Oh, you mean, profitable for contributors?
Beats me (both the answer and, so far, the profit)
But it's a great place to express yourself, make a few virtual writing associates. Do you consider that a profitable / worthwhile use of your time?
There are many writers who make living from writing on HubPages.
Like any success in life, nothing can ever come quickly and easily.
Dedication, determination and motivation are all needed in order to achieve what one desires.
It's important to set goals and targets. If you believe that you can make the most of your writing and if you can present your work in a way which will attract readers and keep them coming back than you are on a way to realizing your potential.
I have only joined 3 weeks ago and have already noticed that yes, HubPages can be profitable if I continue doing what I'm doing and even improve on that.
Since I know there are other people here who I consider to be my inspiration I have no fear or doubt that I can do the same.
As a company, yes, there's no doubt of that.
For individuals, you'll probably find as many varying opinions as there are members. But for me, yes I find it profitable.
As I am not a novice of Hubpages and prior to the changes were making $200 month. I can say from experience that the webpage is not as profitable. Earnings after nine month is only 20 cents but I have not been as passionate about producing hubs because almost 2000 hubs written over a 2 year period got unpublished. To date, I have only published about 17 hubpage articles.
Those hubbers who are making money as one commenter purported need to give advice on how to help others. I am still working on my motivation, not having anyone to direct my remorse of which I tried to contact staff members for the loss of 1/2 million readers. I now write less on Hubpages and respond to the Answers feature of the website that sometimes result in a hubpage article.
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