6 Step Checklist To Build A $100,000+ Paid Newsletter On Substack

3 min read 2 hours ago
Published on Nov 25, 2024 This response is partially generated with the help of AI. It may contain inaccuracies.

Table of Contents

Introduction

This tutorial outlines a six-step framework for building a successful paid newsletter on Substack, aiming to generate $100,000 or more in revenue. Whether you are a writer, business owner, or just starting, these strategies will help you effectively structure, scale, and monetize your newsletter while maximizing reader engagement.

Step 1: Pick a Topic Attached to a Traffic Engine

  • Choose a newsletter topic that has a built-in audience or demand.
  • Research popular subjects within your niche that attract traffic, such as trending topics or evergreen content.
  • Ensure your topic aligns with interests that can generate consistent reader engagement and subscriptions.

Step 2: Make Your Newsletter Tangible

  • Offer concrete value through your newsletter by focusing on actionable insights or practical advice.
  • Use examples, case studies, or real-life applications to make your content relatable and applicable.
  • Clearly define what readers can expect to gain from your newsletter, emphasizing tangible outcomes.

Step 3: Implement the One Free, One Paid Strategy

  • Provide one piece of content for free to attract subscribers and showcase your writing quality.
  • Follow up with a paid offering that expands on the free content, enticing readers to subscribe for more in-depth information.
  • Use this strategy to build trust and demonstrate the value of your paid content.

Step 4: Send Paid Snippets to Your Entire Free List

  • Occasionally share snippets of your paid content with your free subscribers.
  • This approach not only teases the value of paid content but also encourages free subscribers to consider upgrading.
  • Make sure the snippets are engaging and provide enough value to spark interest.

Step 5: Put the Paywall Preview at a Cliffhanger

  • When offering paid content, use cliffhangers to create intrigue and encourage subscriptions.
  • Give readers a taste of the content, but leave them wanting more to drive conversions.
  • Ensure the paywall preview is enticing enough that readers feel compelled to pay for full access.

Step 6: Leverage Substack Notes

  • Utilize Substack's note feature to share quick updates, thoughts, or insights with your audience.
  • This can serve as a way to engage with readers more frequently without overwhelming them with full newsletters.
  • Notes can help maintain interest and keep your audience connected between major newsletter releases.

Conclusion

Building a successful paid newsletter on Substack involves careful planning and strategic execution. By choosing a lucrative topic, delivering tangible value, and employing effective marketing techniques, you can create a thriving newsletter that generates substantial revenue. Consider applying these steps to start your journey toward a profitable newsletter, and don’t hesitate to experiment and refine your approach based on reader feedback.