Most of us get into freelance writing simply because we love writing and couldn’t imagine a better way to make a living. We love words, we’re good at stringing them together in interesting ways, and we’ve got enough talent that others are ready and willing to pay us for it.
But freelancing writing, like any other kind of service-oriented career, is a time-for-money trade. Straight up.
Yes, you can figure out ways to make yourself more productive, learn how to type faster, and hire out your research, but ultimately, it comes down to spending time working in order to earn money. The more you work, the more you make.
Which isn’t all that bad, but at some point, you start to realize that there are other ways to profit from your expertise—ways that don’t always require more work to make more money. And as a freelance writer, there are three primary ways to make this happen while still serving your target market: publishing a book, creating a course, and promoting affiliate links.
1. Promote Affiliate Links
A lot of companies and online professionals rely on the help of others to sell their products for them, and in exchange for that help, offer a kickback for each item sold.
Amazon Associates is one example. If you sign up as an affiliate seller for Amazon with this program, you can promote any product you find on Amazon on your website or to your email list, and for every single person who buys, you get a commission of that sale.
Amazon’s commission rates are kind of noteworthy for being low, but others like ShareASale and CJ Affiliate offer higher kickbacks.
Six-figure blogger Carol Tice who teaches other freelancers how to make a living from freelance writing, monetizes her site and her business in multiple ways, including affiliate links to products she loves.
“They’re a very modest source of income,” she admits, “but I keep these up because they introduce writers and bloggers to products and services that can really help them grow their business, such as Freshbooks, MailChimp, The Writer’s Market, and The Well-Fed Writer. As long as I keep getting thank-you notes from writers who buy these through me who’re super grateful to have found a great tool or resource, I’ll keep them going.”