Get Paid For Copywriting Today!

Want to get paid for copywriting? The great news is that there are some very profitable positions out there. The bad news is that they’re not for the faint of heart.

Copywriting takes passion and dedication. It’s a skill set that takes years to master. Only those passionate enough to figure through the red edits everywhere their work are those who can tap into the lucrative business of writing online.

If you’re thinking, “Give me the red marks” (or lately the Google Doc comments and suggestions), you've got what it takes to land one among these profitable copywriting positions.

Here’s a round-up of the positions experienced copywriters fancy turn their writing passion into a lucrative skill.

1: Freelance (Paid By Project)

Freelancing comes with many benefits (we’ll also mention the cons during a minute). As a contract copywriter, you’ll be ready to tap into profits by:

• Working with quite one client at a time

• Getting paid by the project versus hourly

• Offering consulting services and writing services:

Here’s why each of those freelancing pros puts you into a profitable copywriting position:

Working with quite one client at a time: A salaried job comes with a ceiling on what proportion you'll make per annum . You check in for a group salary and that’s what you'll expect to form (unless you negotiate for royalties—see below). As a contract copywriter, you'll add several clients to your schedule and have a way higher ceiling on what proportion you'll make from your skillset.

CON: Making extra money by freelancing may be a huge pro, but it also comes with the responsibility of owning and running a business. You won’t just be copywriting. You’ll be paying taxes, learning the way to file for an LLC or S-Corp, invoicing, paying out of pocket for your own insurance (if you’re U.S. based), and handling multiple clients, customer avatars, workflow platforms, and productivity systems.

Getting paid by the project versus hourly: Saying your hourly rate is $400 sounds outlandish to somebody hiring you for a full-time gig. That’s like asking them for an $832,000 yearly salary. However, as a freelancer, you'll charge $400 for a project that takes you 1-2 hours to end and not be checked out such as you have 6 heads. This is often because you’re not asking your client to pay you $400 forty-hours every week . Instead, you’re posing for $400 for a group deliverable.

CON: Freelancing doesn’t always accompany a gentle and predictable income. Although you’re charging more for your work, you’ll need to be strategic to form extra money than you'd from a full-time job. In freelancing, there’s a famous saying of the “feast or famine mentality” where you easily grind to a halt into phases of overworking or not having enough work on your plate. Some people can handle this rollercoaster, while others would just prefer a group weekly salary.

Offering consulting services and writing services: With only 24-hours during a day and a group amount of coffee you'll drink before your pulse tells you it’s time to prevent , there’s a cap on what proportion you'll write per day. As a freelancer, you'll spend the time recharging from writing consulting for clients. As a copywriting consultant, you'll charge 4-figures to assist them with their customer avatar research and present it during a way that’s easy for them to write down top-notch copy within the future.

CON: By offering different services in your business, things can get messy. the simplest thanks to freelance is to possess one deliverable and supply that one deliverable to clients (for example, sales pages). However, adding in new deliverables (like customer avatar research) can take up an excessive amount of of your bandwidth and find yourself sneaking into your writing time.

2: Full-Time (Salary + Royalty)

Copywriting full-time isn’t the foremost profitable position possible. However, what can turn this into a lucrative gig is tapping into a salary + royalty model. Once you get a base salary of, for instance , $57,871 per annum and add a royalty on top of that…your royalties can start to feature up.

Royalties are paid out supported the conversion on deliverables you’ve written. So, for instance , if you write a sales page, you’ll get X% royalties supported the sales made by that page. These are called royalties and not commission because these sales pages can survive for weeks, months, or maybe years.

When you earn a commission, like as a sales representative, you’re lecture people on the phone and following up with them via email. Once you’ve landed that sale and made your commission, you’re on to a subsequent sale.

With royalties, you’re not on to subsequent sale. Instead, you’re on to writing subsequent deliverable…while your first deliverable continues to form you royalties.

That’s how things get really profitable.

Royalties generally range from 2-5% of total sales.

Let’s do some quick math:

• Your yearly salary is $57,871

• You make 5% royalties on 12 sales pages

• Each sales page made $10,000 (we know this is often so incredibly unlikely, but this may make explaining this far more clear), so you made $500 royalty per page

• Your annual salary is $57,871 + $6,000 in royalties

• Total annual salary: $63,871

Now, let’s say you write another 12 sales pages the subsequent year. Each sales page makes $20,000 in sales. The 12 pages you wrote the year before (that made you $500 in royalties each) also make another $10,000 in sales each.

Now, your salary is $57,871 + $12,000 ($1,000 in royalties x 12 sales pages) + $6,000 = $75,871.

Depending on where you reside , this might be an excellent income otherwise you could be questioning it. If the latter is that the case, remember this is often just the typical copywriting salary on Glassdoor, so there’s many copywriting jobs offering six-figure salaries to experienced writers.

We’ll talk more about royalties below, but this point we’ll specialise in what that appears like as a freelancer.

3: Freelance (Paid + Royalties)

What happens once you combine the advantages of freelancing with royalties?

The most profitable copywriting position.

Before you set your two-week notice in at your full-time gig, confirm to read through the cons we listed to freelancing within the first section. simply because you'll make extra money from freelancing doesn’t mean it’s for everyone . We’d say it’s a secure assumption that thousands of individuals who quit their job to freelance struggle to succeed in the salary they left behind.

With that said, there also are thousands of freelance copywriters who double, triple, or maybe quadruple their salary. These writers are performing on a paid-per-project basis and are posing for royalties from their clients.

Time to urge out the calculator:

• Let’s say you charge $1,000 per sales page and you’re working with a client to write down 10 sales pages in one month

• You invite a 5% royalty

• Each sales page makes $7,000 in sales (again, we recognize this is often impossible but this may make the reason monumentally clearer for you)

• Your royalties are $3,500 ($7,000 x 5%)

• This project made you $10,000 flat fee (10 sales pages x $1,000/each) + $3,500 = $13,500

• What happens if you worked with 2 clients simultaneously, and by some miracle from the maths gods, you made an equivalent amount of cash from the second client. That might put you at $27,000 for only one month of writing work.

There are still 11 more months left within the year.

That’s a reasonably profitable copywriting gig.

Interested?

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