Strategies for Boosting Monthly Recurring Revenue as a Freelancer: Achieving Growth without Burnout

Here are ways you can increase your income and reach your goals faster this year.

Why this topic?

Well, many freelancers are so fixated on “looking for clients.” And forget to realize other options to help them reach their monthly income goals.

Are you one of them?

If you are ...

Here are 10 ways to help increase your Monthly Recurring Revenue (MRR) without burning yourself out.

#1 Increase your monthly retainer fee

If you’re already working with a client in the last 3, 6, 9, or 12 months. Sit down with them. Ask for an evaluation of your performance. If they like what they see. It will be easy to ask for a raise. Or you can increase your fee by 20-50% on your next client.

#2 Do a paid audit

You can audit a social media account, ads manager, email service provider, funnel, or website. And get paid from $250 to $500, depending on how much you want to charge. Two to three audits per month is already a good side hustle business and can easily become a good source of leads.

#3 Write copy

Copy is essential to your client’s business. You can offer to write copy on their social media, SMS, ads, podcast, and product description. You can even create a template for their support email. Sadly, many freelancers are not charging their clients for these extras.

You’re not a writer, you say? Leverage AI and then charge accordingly.

#4 Write a blog on your client’s website

Many clients know and understand what SEO can do for their businesses. And they also know publishing content can provide more value to their customers. But they’re not doing it. Some have an outdated blog page or, worst, no blog page at all. Pitch this to your current client if they don’t have one, or include this on your offer.

#5 Write About Us

This is another area that business owners often need to address. So many websites have lousy About Us pages. If you’re an email marketer, offer writing About Us as your lead magnet instead of writing two emails or doing an account audit. Or offer a paid About Us write-up. I charge $50 - $100. Others I know are charging higher.

#6 Sell digital products

Create a step-by-step process. Then turn it into a PDF and sell it.

Here are some example.

How to Build an E-commerce Email Marketing Portfolio Even If You Have Zero Experience

Klaviyo Audit Cheat Sheet

The former is a social media post. The latter is a process I use. On both occasions, I thought, what if I sell this stuff? I did. Though, I have one unsatisfied buyer.

Here’s the result:

#7 Create templates.

Yes, you can create email and SMS templates. Do social media or blog post templates. Or Lazada and Shopee store templates. Create frameworks and other consumable content or repeatable process. And sell them to business owners or fellow freelancers.

#8 Run an affiliate marketing

Affiliate marketing allows you to earn commissions each time the person you refer makes a purchase or joined a program.

I am offering a 10% commission to those who will refer someone to my course. If they enroll, you will earn an extra $99.7. Reply to this email if this interests you and I will provide a referral link.

#9 Organize a freelance event in your area

”There are a lot of aspiring freelancers in our area. But the majority of the workshops and seminars are in Manila. Due to the difficulty and expense of traveling from the province, we cannot attend.” Sounds familiar?

Organize a paid event in your area. And I will be the one who will come to you. We can do it at your home, coffee shop, or LGU-provided venue. Reply to this email if you’re interested.

#10 Add a client

Circle back to #1. Add a client and increase your rate by 20-50%. You can also ask for a commission.

That’s it.

The bottom line is building high-income digital skills can help increase your earning potential and achieve financial stability. Use these steps to maximize your skill or interest. So it generates more income for you.

Now, my question for you is:

Which of the 10 ways are you doing now, and how is it going for you?