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4 Ways to Convert Your Writing Hobby into a Successful Business

by Mary Kleim | The Web Writer Spotlight: Nov 21, 2016

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The world of business is quickly shifting and changing. As modern technology continues to improve and customer’s needs and problems are satisfied in innovative new ways, so too is the digital business environment progressing.

Business and professional services have now moved online. This has made business activities easier overall thanks to the convenience of the internet and relevant digital tools. And writers today, in particular, have a huge opportunity to turn their craft into a successful online business, especially if they’re passionate about a particular topic or niche.

If you’re a talented individual who loves to write, you can use your passion beyond just being a hobby and start creating awesome and valuable content that can benefit people in specific industries and or in the general population.

Let’s talk about a few key ways you can create a business out of your hobby.

 

1. Set up a blog to turn your passion into a commercial activity.

 

Setting up a blog is a basic step to monetizing your writing hobby. Purchase a domain name, pay for a hosting service, and install Wordpress blogging platform. You can find lots of YouTube videos that'll help you quickly understand how to set up a blog and online tutorials on how to succeed at blogging.

Once you have it done, start writing. Create a content marketing strategy by doing the following things:

  1. Establish your blog’s purpose – What’s the blog’s end goal? Don’t think entirely about the money; think about blogging in terms of the value that you’ll be able to provide to the market.
  2. Find out who your target audience is – How do they think? What are their biggest problems? How can you solve their needs?
  3. Create a list of possible blog posts topics - Start creating them immediately. They should be relevant to your target audience and bring enough value to make them worthwhile to read.
  4. Decide upon a monetization technique – Next, you’ll want to think about how to make money out of your blog. Keep reading for some useful ways to do this!

 

2. Start writing about and recommending products or services to your followers and subscribers.

 

This is known as affiliate marketing. It is one of the most profitable ways to monetize a niche blog. With affiliate marketing, you recommend products and or services you love to your followers and subscribers. Since you’ve already established yourself as an authority in the field and your audience trusts you, they will buy the products. When you make a sale, you receive commissions from the product owners, affiliate networks like CJ Affiliate or e-commerce marketplaces like Amazon—it could be 10%, 50%, or even 80% of the sale.

           

3. Create a premium product for sale.

 

With time, your blog and overall brand presence will improve. More people will be reading your content, and even more will be interested in getting a premium product from you—that high quality product that you and only you can create. You can choose to write a niche tutorial or digital e-book and self-publish it on Amazon or Clickbank.

By creating a product, you’re getting a lot of flexibility and lots of opportunities to make extra cash. Some affiliate marketers will probably be interested in your product, so they’ll promote and sell it to their followers in return for a commission from you.

 

4. Sell coaching or mentoring services.

 

This is a common strategy used by many professional bloggers/writers. For example, a seasoned web design website owner who also writes for his niche blog can be approached by other web designers who would love to get training or mentorship services. With this strategy, you can offer your professional services through Skype conversations or other live video conversations and get paid for it!

I’d suggest having a little bit of experience before approaching this monetization strategy.

 

Conclusion

 

Turning your hobby into a successful business is totally possible. Many creative people have done it. Consider Walt Disney, Mark Zuckerberg, Gary Vaynerchuk and J.K. Rowling; all successful creatives who have generated millions from their passions and hobbies.

You can do it too. Develop a strong online presence and, with proper branding, you’ll be able to make a successful business out of your passion.

Good luck!

See Also: How to Overcome Writing Plateau Just by Tweaking Your Mindset.

 


Mary Kleim is a creative writer. She is working on development creative strategy for assignment writing service AssignmentMasters. In the future she is going to launch her own blog dedicated to self-development.


 

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