So you have decided to become a full-time freelance writer, and you couldn’t be more excited! Great news! The world of freelance writing is much more than just a way of making money. There are many different ways in which you can create quality content and make a living from it. In this article, we will discuss several ways in which you can monetize your writing activity.
Monetize Through Affiliate Marketing
One of the best ways of making money from a blog is through affiliate marketing. What is affiliate marketing, you ask?
Put yourself in the shoes of a digital marketer, or brand strategist for that matter. Let’s say you work for a company that sells pet products. You may get paid to speak about the various benefits of these products to potential customers (hence the role of an affiliate marketer).
In exchange for sharing your expertise and connecting you with interested customers, you get paid based on the revenue your affiliate program generates.
This model works for two reasons. First, you don’t need to have millions of dollars to start an affiliate marketing campaign. Even a small blog can get going quickly with affiliate sales. Second, a large portion of the population is becoming more aware of the value of natural and organic products, and increasingly, are looking for online stores that sell these products.
If you’re interested in exploring this route, check out this free affiliate marketing training program by ClickBank, which offers quality education and several successful affiliate marketing communities with welcoming members. You can also gain experience by contributing to one of the many affiliate forums out there, where you can ask questions and get guidance from experienced marketers.
Paid Reviews & Product Testing
In the above example, the benefits of the pet products are what you would normally write about. However, as a freelance writer, you have the freedom to pitch any product you want. So long as you can prove that you have expertise in the topic, you can potentially become a paid reviewer for any business selling a product in your niche.
What does a paid product review entail? Simply put, you get access to a product before the general public, and you express your honest opinion about it. It’s important to point out that you are not required to be fond of the product you are being paid to review. All you need is the ability to express yourself coherently and persuasively.
If you’re interested in exploring this route, check out this free product testing program by UserTesting.com, which pays you to test out new products and give feedback to the companies that make them. You will need to sign up for an account and then complete a few short applications to get started. From there, you will receive offers to test products from brands like Ring.com, Jeevan.com, and Groffers.com. Simply accept the offer you feel most comfortable with and start testing.
Make Money With Affiliate Marketing For Life
This is one of the best, if not the best, ways of making money as a full-time freelance writer. Not only does it allow you to build a steady supplementary income, but you can also move beyond just one product and into a life of product reviewing. Why? Because with affiliate marketing, you don’t just get paid for selling a product. You can get paid for selling any product or service.
The beauty of this model is that you don’t necessarily need to have a large audience to be able to make money. You can get going with just a few sponsored posts and gain experience while you build your audience. Then, when you do have a sizable audience, you can use your platform to promote any product or service you choose, whether it’s in your niche or not. You can even promote non-related products and services through affiliate marketing if you want. Just make sure that you choose affiliate products and services that you can actually promote. This is where skill comes in. If you are choosing an Amazon product to promote, for example, you will need to look for affiliate offers that you can actually promote successfully. Avoid choosing products that are too general or that have a high level of competition. This will make it very difficult to gain any profits from affiliate marketing.
Monetize With Patreon
While we are on the subject of making money from a blog, it’s important to point out that a growing number of people are using Patreon, a payment platform for creators and influencers. What is Patreon? It’s akin to a membership platform where you can support your favorite creators and gain access to their content on a regular basis. In return, you receive rewards in the form of special perks and discounts.
Patreon is a great choice for content creators who want to keep a close eye on the revenue their content is generating. You can set your own rewards for supported creators and choose how much you want to donate per month. Some creators choose to set a threshold for how much they will accept, which encourages people to become patrons. This lets them know exactly how much their content is worth. For instance, maybe you love a particular Instagrammer who has a large following of primarily teen girls. You can support her on Patreon with a monthly donation of $10, and in return, you will receive occasional discounts, behind-the-scenes access, and fun perks.
Patreon is a bit different from the other ways we’ve discussed so far. The primary purpose of the platform is to help content creators fund their activities. However, once you have a large enough audience, you can leverage your work beyond just funding your content creation and actually promote products that are relevant to your niche. You can do this through affiliate marketing if you want, but you don’t necessarily need to. Simply use your platform to create quality content around products that are relevant to your niche, and then, voila, you have an engaged audience that will hopefully keep buying your books and spreading the word about your blog. While the rewards on Patreon will typically be digital, you can choose the products that you want to promote through affiliate marketing to receive much greater monetary rewards. This can be an effective way to make quick cash when you’re starting out, but it’s also a viable strategy for more experienced writers who want to diversify their income streams.
Make Money With Surveys
If you’re looking for a way to make money online, surveys are a great option. You will need to make sure that you land some good paying survey offers, though. Some of the more popular survey sites include Survey Junkie, Swagbucks, OneOpinion, and Ipsos iSay.
Some of the more reputable survey companies offer a good degree of privacy and integrity, as well as reward you for your time. In the above screenshot, we can see that Swagbucks pays you fairly and quickly, and they ensure that your earnings are kept separate from your own funds. Keep in mind that survey taking can be a time-consuming hobby, so prepare yourself for the fact that you may not always be able to make decent money from it. Nevertheless, it’s a great way to make extra cash when you need it.
Make Money With Start-Ups
Another great way to make money online is through affiliate marketing for a start-up. Essentially, an affiliate marketing network (Agency) for a start-up will pay you to promote their products. You won’t get rich from this route, but if you’re looking for a way to make a quick buck, it’s a great option. Just remember that you need to keep in mind the following:
- You will need to become a digital marketer,
- You will need to learn how to use digital marketing platforms,
- You will need to build websites,
- You will need to come up with unique selling points for the products that you are promoting,
- You will need to get approval for the products that you are promoting from a digital marketing perspective, and,
- You will need to track the performance of your affiliate campaigns.
If you’re interested in exploring this route, check out this free digital marketing training program by ClickBank. While not quite as comprehensive as the one above, this option will get you started on the right foot.
The key takeaway from this article is that there are many ways of making money from a blog. No matter what stage you’re at in your writing career, what kind of content you produce, or what niche you choose, you can find a way to monetize your work. The more you put in, the more you will get out, and this, of course, applies to any online endeavor, not just writing.