Top 3 Reasons Why Freelance Writers Aren’t Getting More Money For Their Services

Some people think freelance writing is an easy job, but others may tell you that they don’t know how you can stand to sit there and write all day. If you are a skilled, experienced freelance writer, you know that you do have to sit there and write all day for hours on end if you want to pay your bills each month. However, more than that, you have to write great content that your clients are happy to pay you for. The combination of skill and mental fortitude alike make freelance writing as a full-time job something that most people simply cannot do, regardless of how easy they may think your job is. With this in mind, you may be wondering why you cannot get paid more for your services if you have a talent in high demand. Consider these points.

 

Others CAN Do It

The fact is that many people do have the ability to write great content. Of course, they may not be able to do is as easily and quickly as you, and for this reason they may consider outsourcing the work to you. However, nobody is going to pay an exorbitantly high amount of money for something they can do themselves if they simply had the desire to.

 

Fierce Competition

If you remember the basic theory of supply and demand from your economics class, you understand that as more people compete for the same job, the compensation level for that same job is bound to decrease. Freelance writing is a popular job, and it seems to be ever more popular by the day. Some newbies to the job will realize it is not for them, and so many people don’t stick with the job for very long. However, as new people enter the arena on a regular basis, there is constant competition for jobs. Your ability to demonstrate why you are the most qualified candidate for the job can help you to command a higher pay rate than a newbie, for example, but many clients will consider giving that newbie a try if the savings is worthwhile.

 

Settling For Less

Some freelance writers fall into a moment lapse of panic when they look at their work schedule for the day and realize that they have nothing to do. The desire to work on an assignment and make some money for the day creates the desire to low-ball rates and work for less than what they are worth. If you have been guilty of this in the past, you may justify your actions by the thought that at least you earned a little bit of money that day. Some money, after all, is better than none. However, with some forethought and planning on your part, you may be able to eliminate this scenario from happening. For example, if you had planned out your work schedule for the week, you may have realized days before that your day was going to be slow. You could have started looking for new assignments than and avoided having to low ball your rates.

 

As you can see, there are several different reasons why you may not be earning what you feel your services are worth. Some of these factors are related to the industry in general, and others may be related to your own work efforts. Through linking up with regular clients and promoting your great services, you may be able boost your rates over time.

 

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