Earn $5,000 per Month in Residual Income from Market
Intelligence Reports
Writing market intelligence reports (also called "industry
reports") probably never enters your mind. It may sound a bit
intimidating and foreign. It may sound too out of reach. "I am
not an industry expert and I can't write something of that
caliber," you may say to yourself. But what if the benefits are
far greater than the "fear"?
You either work 9 to 5 or freelance independently. Either way,
you don't receive residual income from your works. In a 9-to-5
job, if you miss a day, you won't be paid for that particular
day at the end of the month. As a freelancer, if you don't
produce and deliver, not only you don't get paid, you'd ruin
your hard-earned reputation.
What if there is a way for you to earn residual income many
times over your initial effort now? Residual income simply means
that when you complete a job, you keep getting paid without
putting forth extra effort or work on your part as long as the
"final product" of your work still exists and is still being
sold.
The average industry reports are sold $3,000 a piece and the
authors (also called "researchers") earn 25 percent royalty out
of the retail price. Thus, earning $5,000 per month is not
impossible at all. In fact, it is a conservative estimate. Many
market intelligence authors earn much more than that, but they
are less likely to disclosing the actual figure.
Breaking in and succeeding in market intelligence report writing
is much easier nowadays, thanks to computers and the Internet.
Researching for industrial information took a lot of effort a
few years ago. Now it is more of what and who you know, where to
look for and how to get yourself hooked up to the sources of
information, even if you don't have previous experience in the
field. And yes, most of these activities can be done online.
Naturally, if you know how to operate a computer and perform
online research, you already possess two of the most essential
skills to succeed in this business. So, wait no more. You can
start writing as soon as you want either part-time or full-time.
Here are some tips to break into and succeed in industry reports
writing based on Write Industry Reports: Work at Home and Start
Earning $5,000 in Royalties per Month.
First, understand what an industry report really is: who reads
it, how the information is arranged, how it is formatted and how
the validity of information is tested.
Second, understand what you need to do: who to contact for
reliable insider industry information, how to locate them
(online and off), how to search for responsible secondary data
and how to design and collect primary data.
Third, write a sample report to send out to research firms. This
requires specific information that shows your research
capability.
Fourth, polish your research skills: no expensive trainings are
required. Some free trainings are available online.
Fifth, know where to look for research firms that hire
freelancers. This information is also available online.
Sixth, compile your first market intelligence sample comprising
a brief well-designed sample report of at least 1,000 words, a
cover letter and your latest r