You may possess great ideas and skills, laudable dreams, and passion, but none of them can give you the desired financial freedom unless you take two key steps: 1. Turn your ideas into products, and 2. Market and promote your products to other people.
In an online-based global economy, content writing is an effective tool for monetizing your ideas. As a content writer, there are so many ways in which you can turn your ideas and skills into products, and market them in order to earn money. That’s what this article is about. Let’s get started.
Definition of some Key Terms:
1. Digitizing/Digitization: To digitize means to convert something, such as data or image, to digital form (i.e. electronic or computer-readable form). Thus, digitization is the process of converting information into a digital or computer-readable format.
2. Digital Products: A digital product is any product that comes in digital form (i.e. electronic or computer-readable form). Examples of digital products are eBooks, audiobooks, audio music, recorded lectures, videos, software, templates, photos, graphics and digital art, documents, courses, web-based applications, and so forth.
3. Digital Marketing/Marketer: Digital marketing is the type of marketing that uses the internet and online-based digital devices like computers, phones, etc. to promote products and services. Someone who sells digital products is a digital marketer.
4. Monetizing/Monetization: To monetize something is to earn revenue from it. It is to utilize something of value as a source of profit or earnings. Monetizing or monetization is simply the act of utilizing something of value as a source of income or profit.
There are many ways in which you can start monetizing your content writing skills:
1. Create a Blog: You can create a blog and use it to post your ideas, your thoughts, your analyses, or your stories. A blog is a way to express your thoughts and teachings online. Initially, the blog can be a way to learn new things about your writing skills. As you learn, practice, and remain focused and consistent, you will be able to start monetizing your skills easily. To learn more about blogging, you may want to get a copy of Blogging Basics for Beginners by BrightstareBusiness.
2. Establish an Online Magazine or News Blog: You can start an online magazine or news blog. Pick a topic for your magazine. Conduct research to find out if there is a market for your idea, and then come up with your magazine title. Starting a magazine or news blog is a very lucrative way to monetize your writing skills. If you don’t have the means to own a website, you can find an online platform where you can start a small blog, to begin with.
3. Become an Article Contributor: There are many websites that will publish your articles and pay you according to the number of readers who read them. You can start contributing articles to such sites as a part-time income-earning venture.
4. Become a Freelance Writer: As a freelance writer, you can have access to many different opportunities: there are many platforms where you can start earning income through writing. You may start it as a hobby, and then build it into a full-time venture. Freelance Writing on the Side by Joshua Slone is perhaps one book you need if you want to discover the secrets of success in freelance writing.
5. Become an Editor: If you a good writer with sound knowledge of English grammar, you can become an editor and start earning money on various platforms where people require the services of an editor. There are people who are so busy that they have no time to edit their numerous works. You can earn money by reading their books etc., editing/proofreading them, and giving feedback. If you lack full knowledge about editing, you may want to get a book that will help you update your knowledge, such as The Little Book of Editing for Writers by Ravenscourt Press.
6. Create eBooks: Creating eBooks is one of the best ways to monetize your writing skill, especially if you are capable of doing detailed research and writing long texts. There are many online publishing platforms where you can self-publish your works and earn revenue from them. You can even publish and market your own eBooks directly. One of the best online publishing platforms where you can self-publish and earn money is Amazon.com. I have personally published so many books on Amazon and I can tell you it’s quite easy to publish on that platform. If you want to learn more about this, you may want to watch my previous video lesson on How to Make Money on Amazon through Self-Publishing. You can create your own eBooks and start making money through them if you’re able to get the appropriate software, such as the Ultimate eBook Creator.
7. Start Affiliate Marketing: This is a process by which you earn a commission for marketing a company’s products. There are many online platforms that offer opportunities for affiliates to earn money by promoting other people’s products. You simply search for a product you like, then promote the product and earn profit from each sale made through you. With content writing, you can do exceedingly well in promoting various products and services and earning handsome commissions as an affiliate marketer. Such platforms have traceable links to show which sales were made through your affiliate marketing campaigns. You get a link to promote that product on your blog or on social media. If someone clicks on your special link – and buys – you get a commission. •You can check out various platforms where you can earn money through affiliate marketing, such as Amazon Associates, Fiver Affiliate Program, etc. •If you’re interested in learning more about affiliate marketing and how it can help you to monetize your content writing skills, you may have to get a copy of Super Affiliate Marketing Strategy.
The following eBooks will give you greater insight into this important and lucrative field:
If you’re interested in an audiovisual explanation of how to digitize and monetize your content and skills, watch the following video lectures:
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