September 20, 2021
If you’re new to freelancing and a beginner freelance writer, you might not be familiar with the term “anchor clients” or “retainer clients.” Experienced freelance writers may have heard of “freelance anchor clients” but aren’t sure of how to find them or how to turn certain freelance clients into steady, ongoing work. While the definition of freelance anchor clients might mean different things to various freelancers, I think of these clients as “guaranteed” steady work and getting at least one assignment a month, preferably two assignments each month or being on a retainer for a certain number of freelance hours a month.
Ideally, I like to have a few freelance anchor clients that I can count on in the months ahead. Preferably, we have a contract in place that guarantees me X number of articles for Y rate for six months ahead of time. But, as many freelancers know and have experienced, that isn’t always the case. It might just be a verbal agreement or email contract that says they’d like to keep using you for the next few months. Try to get something in writing in case your editor or manager leaves so you’re able to continue working for the client for a set number of weeks or months.
An anchor client can be one who is regularly assigning you stories–either those you pitch or article and blog ideas they’ve come up with. It can also be a monthly fee for consulting services, like a steady newsletter writing gig, social media consulting, copywriting, copyediting, graphic design, proofreading, article or blog editing, website maintenance, or video production.
Here are a few anchor client benefits that can make a freelancer’s life easier.
Right now (September 2021) I have a few anchor clients that make up about 80 percent of my income.
Here’s a current breakdown of my anchor clients:
Those clients keep me busy enough and tally up to a good monthly freelance rate of about $7,000 of freelance earnings a month. I’m able to manage other assignments and expectations that come my way and I only need to find about $1,500 worth of freelance assignments in addition to these to hit a goal of six-figure freelance annual income. Knowing I have this work going on and money coming in helps me turn down work from low-paying clients and pass on assignments that aren’t a good fit. (Here’s how to get higher-paying freelance clients.)
I asked a few freelancers if they have retainer clients or freelance anchor clients in their work rotation. Here’s what they had to say about working with steady clients and what percentage of their income they earn from anchor clients.
Yes! I write a lot for a big, big U.K. newspaper and they pay well. I love working with them, as the team is so friendly and bright, and the briefs are always really clear and helpful. I’m also on retainer with a dating website. – Kate Taylor
No. I almost would rather not since I write novels and also run FundsforWriters.com. I like having the infrequent freelancing assignments to fill in voids instead of the other way around. – C. Hope Clark (If you’re thinking about taking on a one-off assignment, read this first.)
About 50 percent of my freelance income is from a layout client. It used to be more and will become less as I transition further from book production to freelance writing. – John Teehan
Not either, but I have steady clients who make up 100 percent of my monthly income (four clients typically, seven or eight occasionally). – Lori Widmer (Steal these tips to find new content marketing clients.)
Freelance anchor clients make up about 80 percent of my income. It’s important to note; however, that I am semi-retired so I did not keep very many clients. – Cathy Miller
I have two anchor clients at the moment, they are responsible for 70 percent of my income. – Alix M. Campbell
Not yet! – Twyla Adkins, PMP, CAPM
Yes. They are responsible for about 80 percent of my freelance income. – Ffion Llwyd-Jones
Diana can help with:
Email Diana about opportunities: Diana(at)DianaKelly.com.