PureNews

PureNews is an amazingly sleek and powerful news theme with unlimited color variations.

View full feature list Check out the live demo Buy this theme today

Freelance Writers: How to Make Money from the Competition

Posted by on 6th Jan 2009 Blogging 8 comments

I received the following question from a buyer of my ebook on SEO copywriting. He wrote:

I have read the ebook and am planning on starting my marketing outreach, per your recommendations in the ebook, this week. . . . The only question I have is this: with the sale of your ebook, do you legitimately think there won’t be any over saturation?

Following are three reasons you want competition as a freelance writer and how they can make you more money.

3 Reasons to Welcome Competition as a Freelance Writer

Start Quicker: Other freelance writers allow you to start your business quicker. How? In a number of ways. For example, need a website – find one of a freelance writer that you like, and tell your designer, “I want something in this vein.” Or, you can always design one yourself.

You can do the same when trying to figure out which services to offer, how much to charge, what policies to put in place, etc.

Profitable Niches: I always advise freelance writers to pitch themselves as niche writers when they first start out. Why? Because it makes it easier to land freelance writing jobs.

How can your “competition” help you? In two ways: first, they can help you decide if it’s a niche you want to enter; and second, they can help you glean which services to offer. You can get this information from them in two ways: (i) by outright asking for it; and (ii) by checking out their websites.

Stay Abreast of Trends: Finally, other freelance writes help you to stay abreast of trends. For example, when I first started out as an SEO writer, I just offered SEO articles. Then I moved on to blog posts. Then, through a couple of sites I ran across of other SEO writers, I found out that press releases were a hot-ticket item. So, I added them to my list of services.

Is the Market Oversaturated with Freelance Writers; Is the Competition Too Stiff to Even Start?

To answer the buyer’s question about oversaturation, this is akin to asking can the ocean hold one more drop of water. According to online marketing experts, there are approximately 100,000 new sites that go live on the web every day.

They all need content. And, when you consider that only 10% of web users are even internet savvy beyond searching for info, sending emails and making reservations, there is a real need for skilled service providers in this sector (ie, internet marketing, web and graphic design, SEO copywriting, etc.).

The Beauty of Competing with Other Freelance Writers

The beautiful thing about others preceding you is that that take the guess work out of a lot of things. I’m always saying this, but freelance writing is not hard. And with others who’ve already paved the way, it’s easier than ever to get started as a freelance writer. So look to your “competition” not as a stumbling block, but as a source of information and inspiration.

Freelance writer and web entrepreneur. Learn more at InkwellEditorial.com's "About" page.

8 comments - Leave a reply
  • Posted by Pinaki Ghosh on 6th Jan 2009

    A freelancer should select a niche… it is very important. If you do not specialize you end up nowhere. If you specialize in, say… legal writing, you will notice you are getting legal writing jobs in ones and twos. The graph of incoming projects may remain pretty horizontal for the first three or four months… will pick up slightly after this period, and will shoot up steadily after you complete one year of sticking to a niche. You may even have to hire assistants. If you do not specialize, even after one your, your graph will be horizontal.

  • Posted by Donny Gamble on 6th Jan 2009

    There is a lot of quality freelance writers that exist today and a lot more freelance websites like elance. The competition is starting to become step, so writers have to try and set themselves apart from others.

  • Posted by Sunny on 7th Jan 2009

    Thats right to select a particular niche as if you will gain lot in writing 1 particular niche and You will be able to get upper hand on that your interested niche. If you will be accepting freelance writing on topics that even you don't know anything then you will not be able to give your best.

  • Posted by Make Money Online wi on 7th Jan 2009

    Hi Yuwanda,

    I am here for the first time and have fallen in love with this blog straight away. Amazing posts all over the site. I loved the last few posts and I am keep reading the popular ones.

    I also want to say that the design of the website is too cool.

    Can you answer a few of my questions?

    When did you start blogging?

    How much you had to struggle?

    Were you always having blog promotion knowledge to promote your blog while starting up.

    Regards

    Laksh
    http://makemoneyonline-withme.blogspot.com/

  • Posted by Tom At The Home Busi on 8th Jan 2009

    In the offline world store owners often visit each others businesses to see how the competition are doing certain things.You can learn a lot from the competition on the internet as well.

  • Posted by Chelsa on 8th Jan 2009

    Now this has become a competition in the world… If you pay extremely low amounts to a freelance writer, then expect that writer to get as many projects as he can.