One of the recurring questions I get asked about writer access is how much money can one make with it. This is a difficult question to answer because it depends on so many different factors like how much content you write and sell, how well you perform on various platforms, and how much money you make from other sources like membership platforms and affiliate sales.
But I want to do my best to estimate how much money you can make with writer access, so here are some of the variables:
Cost Of Living And Taxes
As you might imagine, living costs a lot when you’re traveling the world as a digital nomad. You have your travel costs, your living costs while working, and your equipment and desk costs. In order to live a decent life in Dubai, where I currently reside, you need to make at least $8000 per month. To put this into perspective, one of the perks of being a full-time digital nomad is that you can live anywhere you want and do any job you please. If you want to make quick cash, you could consult for a few hours each week, or you could become a writer.
The problem is that being a self-employed digital nomad can be pretty taxing. Between the constant travel and the uncertainty of being able to bill your work, you can see how this could become very expensive. For those looking to make quick cash, this probably isn’t the best option. The good news is that there are plenty of opportunities outside of writing to make a decent living as a digital nomad, so you don’t have to be limited to one way of earning money.
The Cost Of Content
This is one of the most important factors to consider when trying to figure out how much money you can make with writer access. After all, you can’t exactly sell content that you don’t have. That being said, the cost of content varies widely from one platform to another. For example, if you’re using platforms like Medium or LinkedIn to publish your work, the cost to produce a post is almost nothing. But if you’re using Twitter to do the same thing, the cost is much higher. In fact, with Twitter, the cost to promote various accounts reaches up to $15 per month plus the cost of the followers themselves.
The key thing to keep in mind here is that the cost to produce content varies widely from one platform to another, and it can be difficult to know how much something is worth until you try it. For example, if you’re trying to decide whether or not to join a social media platform, you might want to look at whether or not the content is worth it. If you decide it is, great! If you decide it isn’t, at least you won’t be wasting your time.
One of the first things you need to do if you want to make quick cash is to identify a lucrative niche. This is something you will need to do whether you’re looking to join a social media platform or pursue a completely different way of earning money. You can find profitable niches in just about any industry, but it’s easier to find them in e-commerce or digital marketing. For example, if you are a professional photographer, it might be a good idea to start a blog where you share your work with potential clients. Or if you are a graphic designer, it might be a good idea to start a blog that shares industry news and tips.
The important thing to keep in mind is that choosing a profitable niche doesn’t mean that you have to limit yourself to that one niche. You can, in fact, specialize in several different areas and end up doing quite well for yourself. Just make sure that you create content on a regular basis for each niche that you choose.
The Quantity Of Content You Will Produce
This is a key point to make when considering how much you can make with writer access. If you decide to join a social media platform, you will need to produce content on a frequent basis, preferably at least once a week. Keep in mind that the frequency of your posts will determine how much money you will make, but the overall volume of your posts determines how much pleasure you can get out of the experience. More frequent posts generally equal more money, but the more quality content you produce, the more pleasurable the experience will be.
If you decide to join a social media platform, you will need to produce content on a frequent basis, preferably at least once a week. Keep in mind that the frequency of your posts will determine how much money you will make, but the overall volume of your posts determines how much pleasure you can get out of the experience. More frequent posts generally equal more money, but the more quality content you produce, the more pleasurable the experience will be.
If you decide to make money from an online store, it’s a good idea to look for niches with lots of potential customers. For example, if you are an adult toy store, you might want to look for inspiration in other adult toy stores or in the sex toy industry in general. What you’ll need to do is create an online store that’s similar to the ones you admire, but with a few unique selling points that will make your customers want to visit your store instead of the competition’s. Once you have a small audience, it’s time for you to monetize that traffic.
Your Current Income
This is a crucial point to make when trying to figure out how much money you can make with writer access. If you’re currently making plenty of money, it might be a good idea to stick with what you’re doing currently. While it’s always more convenient to have an additional source of income, it’s not always necessary. For example, if you’re currently making a good amount of money via affiliate sales, it might be a good idea to stick with what you’re doing currently. Affiliate marketing allows you to effectively promote other people’s products and earn a commission when someone clicks a link or buys a product that’s promoted on your site. One of the pitfalls of ditching what you’re doing currently is that you might not know how to get back on track. If this is the case, it might be a good idea to take a temporary sabbatical while you learn new skills.
The Future Of Content
If you decide to pursue a different way of making money, you need to have a clear idea of what’s going on in the content world. As previously stated, the cost to produce content varies widely from one platform to another. If you’re looking to make a living as a writer, it might be a good idea to start by comparing the cost of content on various platforms and seeing where you can find the best value. For example, if you want to make money from a podcast, you might want to compare the cost of producing an episode to the overall value of what you get out of it. It might be more cost-effective to produce the episode in-house or to hire a freelance producer, depending on your resources. The important thing to keep in mind is that comparing the cost of content on various platforms and assessing their value is critical if you want to succeed as a content creator.
At this point, I think it’s important to remember the golden rule of digital marketing and business: Never, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever pay too much for a product or service. As previously stated, the cost of living as a digital nomad is high, and it’s all because you’re paying too much for products that don’t necessarily provide you with value. One of the most difficult things to do as a business owner or marketer is to continually push the boundaries of what’s acceptable in terms of prices, especially when you’re trying to save money. Therefore, make sure that you compare apples to apples when it comes to the cost of content. Always look for the best price and the best value, but make sure that you’re also getting the best quality as well. If you decide to go this route, you might want to start by creating an informational blog that teaches others how to become digital nomads.