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If you can write great copy for an ad or pen a lovely turn of phrase, you could make money from your skills. Keep reading to find out how to make money writing—one of the many ways you can boost your income online.
Authoring articles for magazines, writing compelling marketing descriptions for products, and self-publishing fiction; these are all ways you can turn your words into positive growth in your bank account. We’ve got 10 tips for how to make money by writing online and offline below.
Magazines and other publications often pay for content. Full-time magazine writers earn an average of around $55,000 per year, but you can make extra money on a part-time basis with this tip. Publications may pay by the word—with payment ranging from pennies to dollars per word—or by the piece—with payment from dozens to hundreds of dollars.
Publications with larger circulations in niche industries tend to pay best overall. It can take time to build relationships with editors and land assignments, though. Many writers get their foot in the door with small pieces to showcase their skills. You can search online for publications that accept pitches and guidelines for submission.
Full-time copywriters make just over $56,000 per year, on average. But you don’t have to commit to a full-time gig to make good money as a copywriter. Many copywriters take on per-piece or project work, and they can command payments that range from a few cents per word to a dollar per word.
Copywriters use clever, compelling language to help market and sell products. Writers who can learn this specific form of writing can make good money as a freelancer, contracted copywriter, or regular employee.
Businesses require content of all types, not just sales and marketing copy. They hire freelancers directly and also work with content agencies. Content agencies build pools of freelancers they can use for writing jobs, so if you can sign up with such an agency, you may have ongoing work whenever you want it.
There are also online writing platforms where anyone can sign up to be a freelance writer. These platforms will match your skill set with appropriate clients.
When you ghostwrite something, you put the work into words, but someone else puts their name on the final product. Most copywriting and freelance content work is ghostwriting. But you can also ghostwrite fiction, autobiographies, and nonfiction books for authors who have ideas but neither the time nor the ability to see them through.
Generally, a ghostwriting client provides you with a topic and outline. They may continue to collaborate with you throughout the creation of the work. In the end, they pay you. You walk away with the cash, and they walk away with ownership of the story or whatever else you wrote.
Medium is a profit-sharing platform where you can post blogs and articles and get paid when people view and share them. You can tell your own story, write op-eds about various topics, or create how-to articles.
It’s important to be realistic when you want to know how to make money online by writing, though. Most people on Medium don’t make much. According to data published on Medium, 94% of writers make less than $100 a month. However, the top 1% make $5,000 or more a month.
You can also submit articles you write on Medium to various publications on the platform to get greater exposure.
If you’ve always wanted to author a book, now is a great time to do it. Self-publishing has grown tremendously over the past 20 years, and it’s easier than ever to get your work out there. You can self-publish novels, novellas, short stories and nonfiction titles through Amazon Kindle.
How much you make depends on a variety of factors, including:
For those looking for tips on how to make money writing online without writing business copy or novels, this may be the right path. It involves three major steps:
When people use your links to sign up for services or purchase products, you earn a commission.
If you’re in college, just graduated or looking to make a career change to copywriting or sales writing, consider looking for paid internships. These positions provide on-the-job training to help you boost your skills and resume so you can land higher-paying writing jobs in the future.
Technical writers earn an average of $68,000 per year, according to GlassDoor. These positions often require a bachelor’s degree related to writing or the field in which you plan to write. For example, someone who wants to write copy for pharmaceutical or medical companies might do well with a degree in biology or chemistry.
As a technical writer, you’d create how-to guides and manuals for products or software or write in-depth white papers and other documents about niche topics.
Companies and publications need people to manage their social media. Social media tasks can range from writing posts and tweets to running full ad campaigns. If you want to know how to make money from writing online and you love social media, you might consider:
It’s not enough to know how to make money by writing online. While almost anyone can learn how to make money writing, it takes persistence to actually pad your bank account with this work. Here are a few steps you can take to go from learning how to make money online by writing to actually doing it:
Earning more money is great. Just make sure you’re keeping an eye on the expenses in your budget so they don’t start creeping up on your writing income.
Writing online takes more than just putting words together. You also have to know search engine optimization, keywords and content marketing strategies. One of the best ways to get started is to take online courses to learn best practices and hone your skills. You can learn new skills to improve your writing and increase your rates.
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