Good writing is a powerful business skill. Businesses rely on writing every day to market their services, foster collaboration between their teams, and make their products easier to use.

Companies regularly hire writers to meet these needs and more. But is writing valuable enough to be the foundation of a business? Is it possible to start a business based solely on writing? Absolutely.

In this article, we discuss some of the most profitable and realistic business ideas for writers.

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Do I have to be a good writer to start a writing business?

Some bloggers and podcasters claim that you don't have to be a good writer to be a successful copywriter or blogger, but the claim is a bit misleading.

Writing online has very little in common with writing college essays or contributing to literary works. If your definition of "good writing" means complex prose, with long words and curvy sentences, then sure, you don't have to be a good writer to start a writing business.

But if your definition of good writing is that you can write clearly and simply, while keeping the reader's attention, then yes, you need to be a good writer to be successful in this field. The people most likely to be successful in a writing business are those who have the passion to write well. Along with this, the desire to learn and the skill for marketing also help a lot. After all, business writing is more than just pouring words onto a page.

The better you are in these areas, the more likely you are to be successful in a writing business. Great writers earn high rewards for their ability to motivate, entertain, persuade and push people to action. This all starts with good writing.

What are the profitable business ideas for writers?

1. Copywriting

Copywriting is like working in sales. Except instead of being a good conversationalist, you need to be a good writer and use your writing skills to improve a company's target.

Copywriting is always around us. It's in the billboards you see on the interstate roads, in the Facebook ads you see on social media, and on the commercial websites you see across the web. Someone had to write all those words. And that someone is called the copywriter.

Copywriters can work internally for an organization or work independently. Rates for freelancers range from minimum wages to millions of dollars per year, depending on your skills, demands and rates.

2. Ghost writing

Perhaps ironically, the most successful ghostwriters don't seem to be marketing their services. They are just great writers who publish content like books and articles under their own name. You can create a landing page for your ghostwriting services. You can also just start writing as a journalist or author and let customers find you.

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3. UX writing (content design)

UX writing, also called content design, is an emerging field in high demand. It means writing for a product. When you open an app on your phone, up to thirty percent of the screen contains text. Someone has to write every word. And that person is called a UX writer.

With the rise of software and apps, UX writers are in high demand (and growing). As a full-time employee, you can expect the largest companies in the world to pay nearly six figures for new UX writers. Experienced people can easily expect a six-figure salary.

UX writers are also in demand as freelancers, especially among companies that are developing their tools. Freelance UX writers can expect to make six figures if they can manage the business well enough.

4. Content writing

Content writers develop many types of marketing material for businesses. In the "content" category, a writer can produce blog posts, case studies, e-books, white papers, social media posts, and a few other items. Content writers are generally seen as marketing writers. The content they create is used to generate leads.

Content authors can specialize in exclusive services such as SEO (search engine optimization). If so, the writer gets paid to help companies rank higher on Google for relevant search queries. There are a few main ways to make a living through content creation.

You can be highly skilled, highly prolific, or a mixture of both. Highly regarded content creators usually offer more than just good writing. Its writing follows certain techniques or formulas that allow companies to get more value from everything they produce. Prolific writers must also produce with high quality. Throwing words on a page that no one is willing to read will not help anyone. But if you can produce extensive and high-quality items then you will be in high demand.

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5. Start a blog

People continue to make a living by writing on the web. Basically, you need to know how to do two things very well: drive traffic and monetize it.

The best sources of traffic undoubtedly search engines. If you find a strong niche and become the search result for major search queries, you can attract tens of thousands of people to your website every month.

There are several ways to monetize those site visitors. The cheapest (but easiest) form of monetization is to host ads on your website. You will receive very little ROI, but it is already something.

There are many good reasons to start a writing business. For one, they have notoriously high-profit margins. Think about it. When you're in the writing business, your only expenses would be a computer, inexpensive (or free) software, and perhaps marketing costs. It's not uncommon for writers to boast margins of 80% or more, which means that almost any money your business makes goes straight into your pocket.

You can use SmartSMSSolutions to grow your writing business and also advertise our Refer and Earn program on your website and start making good passive income. Register with us and get started now!