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New Website for Freelance Writers to Make Money: TheSyndicatedNews.com
by Yuwanda Black

[Want to start a successful career as a freelance writer? Click here.]

TheSyndicatedNews.com appears to be the latest entry into paid content media model sites for freelance writers. There are some pros and cons to this content model, which I’ll review here. 

FYI, this is from my own personal point of view. I have no affiliation with the site; I’ve never submitted anything to it or talked to others about it. So, here goes . . .

TheSyndicatedNews.com: A Review

Pros of The SyndicatedNews.com: I think this site has four things going for it, ie:

i) The Syndicated Content Model:
As a freelance writer, I like the idea of getting paid multiple times for the same piece of content. This is what syndication is all about, after all. Ostensibly, you can make an unlimited amount of money off of one article.

For example, I write a lot on mortgages, real estate and personal finance. So, if I published an article there and it got picked up by 20 publications and I’d set a fee of $35 for a 500-word article, that’s a potential $700 for one article. Imagine if an article got picked up by 50, 100 or 200 papers.

FYI, for those who don’t know, this is what Reuters and AP is all about. They sell syndicated content. The company is aiming to get a piece of this marketplace, which it states, ie: “Up until the launch of the Syndicated News, publishers had no venue outside of the traditional syndication sources [eg, Reuters, AP]  to find and license content for their publications. . . . The Syndicated News . . . [provides] publishers with a one-stop marketplace to fill their publications.”

*** New Ebook: How to Find Unpublished Freelance Writing Jobs.**

ii) Multiple Channel Exposure: The site not only is an outlet for freelance writers, but also for photographers as well. So if you have both skills – and many freelance writers do – you can capitalize on them.

iii) Low Commission: If you sell a piece, the fee paid to the company is only 7%. Places like Constant-Content charge much more (35%). So basically you get to keep 93% of what you charge.

iv) You Retain All Rights: I very rarely sell 100% of the rights to articles I write for places like AssociatedContent.com.  They simply don’t pay enough. Plus, I’m a type A control freak. I don’t like anybody telling me when and where I can publish my content – so yeah, I’ll license it, but I won’t outright sell it to you.

As a side note, this lesson was reinforced when I saw Dolly Parton on Oprah once. She owns the copyright to over 3,000 songs she’s written over the years. When Whitney Houston remade “I Will Always Love You” (who doesn’t remember this little ditty), Dolly Parton was sitting pretty.

You see, it’s her song. Dolly was asked if she was jealous that it became a huge hit for Whitney (her country version didn’t fare as well). She was like, “No, I couldn’t have been happier. I cashed all those royalty checks that came my way. “ 

That Dolly is one smart cookie – and not for nothing, she’s one of the wealthiest celebrities in Hollywood.

My reason for not outright selling my work is that you just never know how/when a piece can bring you thousands of dollars. But, you can only capitalize on it if you own the rights. Okay, freelance writing economics lesson over for today.

Cons of The SyndicatedNews.com: In spite of all that it has going for it, here are a few of the cons that stood out to me as I perused the site:

i) Seller’s Fee: As written on the site, “
After a 30 days free trial, sellers pay a nominal monthly membership fee of $4.95 and can cancel the account at any time.” Constant-Content, for example, doesn’t charge you to list content.

It feels like they’re trying to capitalize off of freelance writers instead of help them. After all, you’re probably going to have many more freelance writers signing up than buyers who will buy content.

So, they basically make money twice from freelance writers and photographers – when they list content, and when they sell it. It just doesn’t sit right in my stomach, but in the big old scheme of things, this is a minor pet peeve. For, if you sell even one piece a month, it can more than cover the fee. 

ii) Limit to Number of Articles That Can Be Uploaded: Now this kind of peeves me. Their rules state, “
Sellers can upload up to ten articles per month at no extra charge. There’s a nominal fee of $1.00 per article above this number.”

To me it feels as if the site is nickel and diming freelancers, which is a big turnoff. They say the cost is to defray editorial review costs, but why not charge more of a monthly fee (eg, $9.95) and just get it over with. It would take away the feeling of being nickled and dimed to death in my opinion.

iii) New: TheSyndicatedNews.com is a new site, so there aren’t a lot of users and presumably not a lot of buyers.

This can cut both ways. On the positive side, it can mean you get in on the ground floor and become a “go to” writer with buyers because there’s less competition. On the negative side, well, there are no buyers of your work.

Also TheSyndicatedNews is a dot com. This makes me wonder how long they will be around. Will it catch on? Will they fold?

Conclusion: I like TheSyndicatedNews.com because, believe it or not, I’d drawn up plans about six months ago to launch the same kind of site – the exact business model (except for charging sellers). But with so much on my plate, I decided to backburner it to stay focused on writing and publishing my ebooks.

I plan to submit some articles to TheSyndicatedNews.com just to see how they perform. Only you can decide if the site is right for you. If you try it out, let me know
(info *at* InkwellEditorial.com) how it goes for you and I’ll share it with others so we can have some definitive feedback to go on.

Sincerely,
Yuwanda Black, Publisher
http://www.inkwelleditorial.com/
http://www.inkwelleditorial.blogspot.com/
http://www.SEO-Article-Writer.com

http://www.SEO-Articles-For-Sale.com
How to Start a Successful Freelance Career Newsletter
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