I am planning to make a small company by hiring article writers and making websites. Is article writing business still earning these days?
Before you go to the effort and expense of forming a business, I would strongly suggest that you freelance through sites like Odesk, Freelancer etc and try some specialist writing sites like Constant-Content (one of the better paying), TextBroker and the like. That way you can see if:
a) There is a demand for your work
b) The type of money you could earn
As both a writer and the owner of a freelance editing / writing business, my experience is that it is a tough business to be in.
There is a huge amount of competition, especially on price and it can take a long time to build up a consistent, reliable, repeat customer base. Judging from the number of enquiries for work we get per day, I am guessing that freelancers aren't finding it any easier.
The issue is that there's a *very* low barrier to entry to writing or editing online, and everyone thinks that they can do it. Developing and maintaining a reputation can take years of hard work.
I'm not trying to put you off of doing your own thing, just try the freelancing approach first. If that is your passion, then go for it. If not, try to start a business that has less competition and a greater upside.
Elance is a better platform than Odesk, in my opinion, although the two are now owned by the same company and changes are taking place on Odesk.
I make a full-time living as a freelance writer and marketer, with more than half of my income coming through Elance, where I do both individual projects and work as part of a content marketing/writing team.
If you're good, and if you don't lower your standards and work for peanuts, the clients who are willing and able to pay well for quality work are out there. Is it competitive and challenging? Sure. But it's certainly possible to earn a good living as a freelancer.
Paul and Marisa are right. Either business model would be difficult if not impossible to build successfully.
As Paul mentioned, 'writers' are way too cheap now - people from non-English countries bid for jobs at ridiculously low rates, and somehow they get the assignments (usually because the business or site paying for it doesn't realize what they're paying for, and doesn't care about the quality of writing).
So, if you try to recruit decent writers, and if you want to pay them acceptable fees, you'll be underbid and won't get the business.
$5 is way too low. You'll never get a decent article for that price.
Okay, thanks for the comment. So, I have to go for a better price.
Mark, I suggest you check out the EFA Editorial Freelancers Association rate chart as a guide. Scroll down and you'll see hourly and per-word rates. There are other such guides out there, but this is a good one to use as both a client (purchaser of services) and a provider (freelancer) when writing proposals....
This is a good resource. I run an editing and proofreading business, and although I hadn't seen this chart before, it is very much in line with our pricing, so it is certainly a good starting point.
This is helpful Ramkitten. Appreciate your idea.
I am unto making a concrete office at home with few writers. Not online since, they could just make articles using translator software or something. Lots of scam.
Writers will do that. I did work for a company and we signed a contract with them. But then, even with a contract it means legal and court costs over a few articles unless the rightful owner files DMCA complaint. You can also fire them as a writer too.
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