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Weekly Writing Challenge: Create a New Revenue Stream

By Jennifer Mattern on 1st October, 2007Filed in Making Money

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Weekly Writing Challenge - Pencil This week’s writing challenge is all about helping you to earn more money. Too many writers get themselves stuck in a single or limited revenue stream model. This means that if one model fails them (demand drops, their site ads get banned, etc.), they’re left without a backup. Yet writers have a lot of potential income streams if you think about it. Here’s how I diversify my own writing income:

1. Writing for clients

2. Writing for my own sites (ad revenue)

3. Selling an e-book

4. Selling PLR business articles

5. Selling reprint rights to some articles on my sites

Those are a few examples to help you find a new model to pursue. Test out whatever fits in with your style and industry. Start an e-book or report to sell. Start offering reprints for a fee. Maybe launch a membership site for an even more passive revenue model. Just start to diversify (or diversify a bit more if you’re already trying).

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About the Author: Jennifer Mattern

Browse all posts from this author.

Jenn Mattern is a professional blogger and freelance business writer. She owns All Freelance Writing as well as several other sites and blogs covering PR, small business, and related topic areas. She is also currently writing a nonfiction book for freelance writers called The Query-Free Freelancer, and is the author of the Web Writer's Guide e-book series.

Sharon Hurley Hall

I’m going to go the ebook route, Jennifer. I’ve got a couple of ideas – all I need to do is get them written.

Jennifer Mattern

I’m working on one myself. I really just need a solid 1-3 days to sit down and write without any distractions (it’s a long one), and I could knock it out. Finding big blocks of time is the touch part. It’s outlined now, and I need it done in no more than 3 weeks, so I’ll probably be doing that shortly. It’s actually on building pre-launch buzz for authors dealing with book publicity (because I was asked to participate as the expert in that subject for an online seminar for authors at the end of this month). I probably won’t be releasing it before the event, but I want a few testimonials by then, and I’ll be releasing its corresponding blog shortly before then – my own bit of pre-launch buzz for the e-book.

Andrew

I’m intrigued with the idea of writing PLR articles. I’ve heard of these from threads at DP and SitePoint, I’ve even seen some of the articles, but a quick search on Google shows only people selling affiliate rights to these. How does a writer make contact with PLR buyers?

Rayaan

Jenn,

Same question as Andrew. Where can I find PLR article buyers?
And what suggestions would you make in terms of pricing?

Jennifer Mattern

What I do is set up a website (FirstRateContent.com in my case), where I list the packages, the article titles in each package, and one sample from each package. Then I occasionally promote them in webmaster communities, which is where a lot of PLR buyers can be found. It’s going to depend on your niche and type of PLRs though. In my case, I try to offer reasonably high quality PLR articles in a business niche as opposed to the low quality, often ripped, mass PLR article packages some people market. I go for quality over quantity. While I don’t promote it heavily, it’s rare that I don’t have a repeat buyer with that model, and a few have purchased every set available. So that’s how I do it as an example.

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