Earnings of freelance content writers
Freelance content writers earn anywhere from $15 to $80 per hour, although most rates fall within the $30-50 range. Earnings will depend on many factors, including experience, writing speed, and the type of content being written. More experienced writers can command higher rates as they have a deeper knowledge base and can produce high-quality work in a shorter amount of time. Newer freelancers can price more competitively to compete with more experienced writers.
The average freelancing content writer makes $77,000 per year, but the actual earnings of freelance writers vary greatly based on their location. While the cost of living in the latter city is lower, it is still worth considering other factors. For example, you might consider living in San Mateo, CA, a relatively low-cost city, or one of the many smaller communities. Either way, you can expect to make a decent living working for yourself.
Rates charged by clients
When negotiating rates with clients for your content writing services, you should not make the mistake of thinking that location is the only factor that affects the cost of the project. While a higher rate may increase your income, it could scare away potential clients who are not convinced that their content is worth more. Professional writers don't publish their rates on their websites, but instead tailor their rates to the details of the project and the client. By practicing this, you'll develop a better idea of how to price projects, and the best way to do it is to charge the market rate for the project.
Pricing by the word is the most common method, and it's effective for clients with a large number of projects and varying lengths. The writer can charge $3000 per eBook, and then book two eBook projects in a month to earn that income. To maintain this income level, you should use the standard rates for other writing services. When negotiating rates with clients, always remember to include all six aspects in your proposal.
Salary of in-house copywriters
In-house copywriters work for an individual company and typically earn a higher salary than freelancers. In-house writers typically work a set number of days from home, and often negotiate their own schedule. These writers are most often found in the health or financial niches, but some information marketers are increasingly turning to this model. Salary of in-house copywriters: Depending on the company, in-house copywriters can earn as much as $120,000 a year.
In-house copywriting positions pay one or more ways. In the health and financial industries, copywriters may earn a salary plus royalties, or they may earn a flat salary. Royalties, which can range from 2.5 to five percent of the net sales, can add up to a significant portion of a copywriter's salary. If you're in the market for a new career in copywriting, this could be the ideal opportunity for you.
Rates charged by freelancers
The rates freelance content writers charge depend on their experience. Writers with more than eight years of experience are more likely to charge more per hour than those with less experience. Writers who are less than thirty years old charge less than $30 per hour. Writers with college degrees are more likely to charge higher rates than those with less education, and writers under thirty years old charge less than $30 per hour. The average hourly rate for freelance content writers was around $100.
To determine the rates you charge, think about how long the project will take. A per-word rate is not a good idea, because the work you perform will also be on the project. For example, if you're working on an eBook, your time estimate should be around 700 words, but you should also factor in other work you'll need to do. Once you have a rough estimate, you can adjust your rate accordingly.