The Freelance Writing Boom: Why Your Online Portfolio is Your Ticket to Success
Written by Monica Shaw
I've been a freelancer writer since 2008 and the ride has never been more exhilarating. So much has changed in the freelance world since I first started...
- The rise of blogging and its myriad potential for generating income...
- The ever increasing importance of SEO fuelling a need for keyword-driven content...
- The proliferation of LinkedIn, an invaluable resource for freelancers for making contacts and finding gigs...
- Self-publishing platforms like Substack...
I'm barely scratching the surface here. The point is: there are more means than ever for people to take the plunge into freelance writing. It's more than just a buzz; it's a full-fledged boom, and trust me, you want in on this.
But here's the catch: in this vast ocean of opportunity, how do you ensure your voice is heard? Let's dive into what's happening in our world and discover why an awesome online writing portfolio isn't just nice to have – it’s your essential megaphone.
The Freelance Writer’s Rise: A Look at the Numbers
Let's start with the numbers because, yes, they're impressive. Freelance writers, on average, are pocketing $47 per hour, on average translating to about $42,000 annually. The rates are even higher - much much higher - if you're able to tap into freelance writing for businesses (I'm speaking from experience here). Plus, the luxury of choosing when and how much we work is a pretty sweet deal. I definitely don't miss having to request time off for vacations!
Market Growth: Beyond Expectations
Now, for the big reveal: the freelance market, already a giant at $3912.8 million in 2023, is expected to grow to an astonishing $9570.3 million by 2030. What does this mean? The demand for freelance writing is skyrocketing, and it's not just a fleeting trend – it's a durable, lucrative market shift.
The Digital Age: A Freelancer’s Playground
Marketplaces like Upwork, Fiverr, and Freelancer.com have made it easier than ever for freelancers to put themselves out there. That said, I'd argue that these marketplaces have the unfortunate effect of creating excessive competition and forcing freelancers to undercharge in order to get gigs. Increasingly I'm finding that LinkedIn is a far better resource for finding work, with the obvious downside that it takes a lot of time and energy to indulge in that dreaded word "networking". That said, it proves that as a freelancer you always have to be flexible and prepared to change course in response to trends.
The Happy Freelancer: More Than Just a Paycheck
While 68% of freelancers report a happiness boost since they started freelancing, it's not all about the money. There's a deeper sense of fulfillment in this line of work, despite the occasional financial rollercoaster. "Freelance freedom" is a real thing, and once you go freelance, it's very hard to contemplate the idea of ever going back to a "real job".
Reasons for doing contract or freelance work in the USA, 2022 (Statista)
Navigating the Gap: From Market Trends to Your Digital Footprint
With such a booming market, the inevitable question arises: how do you stand out? How do you make sure that this wave of opportunities doesn’t pass you by? This is where your online writing portfolio enters the spotlight. In a landscape brimming with talent and potential, your portfolio is your beacon, guiding clients to your unique skills and services.
Why Your Online Writing Portfolio Matters
In this global marketplace, your online portfolio is more than a showcase; it's your personal brand, your professional narrative. It highlights your versatility, showcases your best work, and provides instant access to potential clients. Your online presence opens doors to opportunities around the world that you might never have encountered otherwise.
The Power of Personal Branding in a Digital World
In freelance writing, personal branding is your ace. Your portfolio tells your story, highlights your unique voice, and sets you apart. It’s not just about displaying your work; it’s about creating connections, building trust, and establishing a reputation that resonates across borders and time zones.
In this ever-expanding digital age, your portfolio is not just a collection of your work; it’s a dynamic, living testament to your journey and skills as a writer. In the freelance writing boom, it's your most valuable asset. Ready to make your mark? Create a writing portfolio with us, or if your not sure, check out our picks of the best portfolio sites for writers.
Ready to share your online writing portfolio?
Don’t forget, we’re on hand to help you launch your portfolio during your 30 DAY FREE TRIAL.Get started for FREE