The web is full of get rich quick schemes, courses on how to make money from home, and easy ways to earn extra money from anywhere. Many of these offers are full of fluff and lies. But, there is a way you can consistently earn money online. It takes hard work, but your earning potential is limitless. If you can write, you can make money online. You don’t need a fancy degree or years of training either. The most important requirement is hustle. Here are a few of the main ways to leverage your writing skills to make money online.
Freelance Writing Platforms
Most web writers get their start on platforms like Freelancer.com, Upwork, or Fiverr. These platforms all have their different strengths and weaknesses. But, they are all great places to find clients willing to trust a beginner. When you first start out the pay is awful. But, if you work hard for a few weeks and build up a portfolio and a reputation, you can make a living wage on these sites.
There are writers on all of these platforms who make six-figures a year. Most of the writers on these sites make far less, but you have a chance to make great money. One key to improve your earning potential is to learn a few different types of writing. You can make money writing blog posts, emails, sales copy, press releases, web copy, direct response sales letters, and anything else you can imagine. If you start on one of these platforms get experience in a variety of different types of content. That will help you when you are ready to diversify.
Open Your Own Freelance Business
One big disadvantage to platforms like Upwork and Fiverr is that the site takes a cut of your earnings. Once you have some experience writing you may want to get your own website and start selling directly to clients. This will let you keep your rates the same, but you get to put more of the money in your pocket.
This will require you to learn how to market yourself. Many writers will run their own business while also seeking work on another platform to make sure some money is always coming in.
Write for Online Publications
Newspapers and magazines may be dying, but online publications are flourishing. Many of these publications will pay freelancers for high-quality journalism style articles. You will need to learn how to pitch editors and get used to rejection, but once you get a few articles published, things get easier.
One key to making money writing for online publications is to never write an article until someone has agreed to pay you for it. Pitch ideas without writing the article. This saves you time. If you send out enough pitches someone will be interested in your work. The bigger your portfolio becomes the more you can make per article.
Companies selling physical book and ebooks online are making billions of dollars every year. You no longer have to get a contract from a big New York publishing company to get a book published. Many self-published non-fiction and fiction authors are making six and seven figures a year from the sales of their books.
You will usually have to write several books before you see any serious income. But, if you understand marketing and are persistent, writing books can be a solid income stream.
Create Your Own Products
When you work as a web writer, you will spend a lot of time writing about other people’s products and services. Once you have perfected the art of selling for other people, why not create your own information products and sell them? If you can write compelling articles you can write compelling courses and ebooks.
When you create your own products you are taking a bigger risk than when working for other people. However, you also have the chance at getting a much bigger payday. When you sell products online you can scale your business and truly make money in your sleep.
Everyday there are millions of words published online. Professional writers write many of those words. If you want to make money online, there is no easier way that to start writing. You can choose any business model you wish. Many to the top earning web writers have multiple sources of income and used a variety of business models from freelance work to creating their own products.
There are even more ways than those listed here to make money from your writing. You could create a website and make money off of affiliate marketing. You could create your own digital magazine and make money from ads. The possibilities are endless.
Why not give writing online a try? Just be careful, many writers report that making money while in your underwear is addicting.