Writing Emails for Money: The Road to Six Figures
You may have heard that sending emails may earn you thousands of dollars, but what distinguishes an email copywriter who earns a few thousand dollars per month from one who generates well over $50,000 per month?
Your ability to produce effective email copy is unquestionably a key factor that affects your earning potential, but it's just one of several factors that determine how much money you'll make as an email copywriter.
In actuality, the email marketing opportunity you choose to work with could have a bigger impact on your earning potential than your email writing abilities.
In this article, we'll outline several opportunities for you to profit from your proficiency in email writing and go over their advantages and disadvantages. By selecting the most lucrative opportunity to put your writing skills to use, you'll be able to maximize your earning potential (and even earn more than many seasoned copywriters), even if you're just starting out.
What Kind of Money Can You Make Writing Emails?
According to Salary.com statistics, the average copywriter earns around $100,000 annually.
However, there are other email copywriters who have earned more than $2 million in a single year, like Justin Goff.
Why then does Justin Goff earn such a large premium over the typical email writer?
The quick explanation is that rather than writing internal copy, Justin Goff decided to use his email copywriting skills on a much more lucrative opportunity.
He teamed with another business owner who was selling a greens powder instead of accepting a comfortable income as an in-house writer and now only receives a portion of the sales he brings in through his emails.
Through his emails, he helped the business make many millions of dollars in sales, and as a result, he earned roughly $2.2 million in earnings.
But he wouldn't have gained any money if the offer failed and he didn't generate any sales.
To help you choose the ideal option for your circumstances, we'll explain the benefits and drawbacks of each sort of email marketing opportunity as well as their earning potential.
Types of Email Writing Monetization Strategies
The best ways to earn money writing emails online are listed here.
To send engagement emails, create autoresponders, and advertise the newest items or sales, the majority of larger organizations use in-house email copywriters.
Although there is a relatively modest earning maximum, the biggest advantage of a full-time employment is that it offers economic stability (you know precisely how much money you'll make each month).
You probably won't earn much more than $100,000 year as an in-house copywriter, as we indicated in the introduction.
Example
To produce different kinds of emails, from nurture sequences and autoresponders to sales emails and newsletters, B2B, B2C, ecommerce, and even personal brands hire email copywriters. A short search on Google or LinkedIn will turn up numerous email marketing opportunities.
Advantages: A steady income with those of a full-time work.
Learn the craft of writing well on the taxpayers' cost.
Limitations in earning potential and independence (unlike as a freelancer)
less opportunity for experimenting
In-house email writers frequently perform multiple tasks, making it challenging to specialize and command a high salary.
Create Emails for Customers
Numerous businesses employ independent email copywriters to create targeted email marketing for their goods or services. This is most likely the fastest way to start earning money as an email writer, and you can either keep it as a side business or grow it into a full-time job.
Some clients pay a one-time cost for a particular project, such as $20,000 for an email autoresponder, or a continuing monthly retainer, such as $4,000 per month to produce eight emails every month for six months.
A client may also hire you to create a variety of emails, such as the following:
emails for lead generation
(Nurture, onboarding, abandoned cart sequences, etc.) autoresponder emails
weekly newsletters by email
emails promoting specific content and general news/announcements
The amount you can charge clients in terms of earning potential depends on how much money your emails generate for the client.
While one factor that affects the ROI you can generate is your competence as a freelance writer, other factors—which are largely outside of your control—include:
Relevance of the offer to the recipients of the email list
The devotion and involvement of the email list
The offer's profit margin
Additionally, because a lead generation email has a significantly greater ROI than a conventional engagement newsletter, you'll make more money sending lead generation emails than composing weekly email newsletters.
Because of this, it's crucial to give serious thought to the kinds of clients you work with and the email writing specialty you ultimately choose to specialize in.
Example:
Businesses that extensively invest in email marketing include Vshred, Credit Secrets, and MiamiMD. These firms pay their copywriters well into the five figures for effective email marketing campaigns.
Pros:
Immediate cash flow combined with the independence advantages of freelancing
Potential for little earnings
Cons:
- You have to find and close clients.
- Less stability than a full-time job
- Client management can be challenging
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