Do you ghostwrite? You should. Sure, you write without a byline or recognition. But I've found that I can make more money ghostwriting books for clients (including Pros with Platforms) than I can writing my own books.
The reason is simple. When I ghostwrite, that's all I do. I don't have to market and promote the book (the most time-consuming part of authorship). That's my client's job. I get paid to write the book and then I move on to the next project. And remember, too, I don't run the risk of wasting my time writing a book proposal that may not sell the way I would with my own books. My client pays me upfront to write the proposal.
But writers don't just ghostwrite books. They ghostwrite articles, blog posts, and content marketing pieces. Rates for this kind of work vary, but in general, you're looking at rates of $0.50/word to $1-2/word.
Want to know more about ghostwriting? Check out these posts:
- Why add ghostwriting to your freelance repertoire? (And fees for some recent projects.)
- Five more reasons to ghostwrite--including bigger advances.
- Sure, we think of celebs and "big names" as hiring ghosts, but your clients are more likely to be average folks who want to write books or professionals who want to become book authors; here's how to work with the latter.
- What attributes do you need to successfully ghost?
- Not all potential clients are worth your while. Here are ten red flags to run away, fast.
- Here are five simple ways to find ghosting clients.
- Book packagers often hire ghosts; here's what you should know about them.
What's that? You want to know even more about ghostwriting and how to succeed in this lucrative niche? Then you'll want to read the updated, expanded edition of Goodbye Byline, Hello Big Bucks: The Writer's Guide to Making Money Ghostwriting and Coauthoring Books (Kindle version). From sample contracts to marketing advice to tips on setting fees and working with clients, you'll find everything you need to know to get started and make ghostwriting a lucrative part of your freelance career.