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Making money with a paid newsletter - hot or not?

by Eduard
13 replies
Hey Warriors,

I just found out today about this website called letter.ly which is basically a platform for publishing email subscription newsletters.

I'm curious if anyone has tried it or anything similar and what are your thoughts on it. Also, how would you go about creating a paid newsletter using such a site (pricing, niching the newsletter, promoting it etc.)?

I got pretty enthusiastic about this because if I could get a decent list of subscribers to a paid newsletter, I'd make a decent monthly income just from this. And I think I can write good enough content to make people wanna pay a few bucks for it each month.
#hot #making #money #newsletter #paid
  • Profile picture of the author waterburn
    Hmm, I think it would be hard to get a lot of paying customers, considering how many free newsletters are out there. You'd have to provide something very unique and powerful, I reckon.
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  • Profile picture of the author VegasGreg
    A 'paid newsletter' is really the same as a 'paid membership' site, with a few slight differences.

    And yes, if you can get enough monthly paying customers it is a very good system to go with.
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    Greg Schueler - Wordpress Fanatic... Living The Offline Marketing Dream...

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  • Profile picture of the author BloggingPro
    I know a fellow webmaster who has created a website dedicated to backstage rumors in the world of professional wrestling. He runs a newsletter (known in the industry as a "dirt sheet") and the only way to get the weekly newsletter is to pay $7 odd a month.

    He has more than 2,500 subscribers.

    So there are probably a hundred other niches where this "concept" works in and works very well.
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    You're going to fail. If you're afraid of failure then you do not belong in the Internet Marketing Business. Period.
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  • Profile picture of the author E. Brian Rose
    There are people making a killing with paid newsletters. The key ingredients are: a highly targeted niche topic and superb way of generating prospects and subscribers. I can tell you that I pay a monthly subscription to two or three newsletters, neither of which are in the IM niche.
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    Founder of JVZoo. All around good guy :)

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    • Profile picture of the author Eduard
      Originally Posted by E. Brian Rose View Post

      There are people making a killing with paid newsletters. The key ingredients are: a highly targeted niche topic and superb way of generating prospects and subscribers. I can tell you that I pay a monthly subscription to two or three newsletters, neither of which are in the IM niche.
      Really? How much do you pay for each one? :rolleyes:
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    • Profile picture of the author JustinDupre
      Originally Posted by E. Brian Rose View Post

      There are people making a killing with paid newsletters. The key ingredients are: a highly targeted niche topic and superb way of generating prospects and subscribers. I can tell you that I pay a monthly subscription to two or three newsletters, neither of which are in the IM niche.
      I agree and I think newsletter is a good way to add to your monthly income. I'm pretty sure you can make a few bucks writing a good content each month too but I guess it's just the setting up part and why some would switch from free to this one. Good luck!
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  • Profile picture of the author patadeperro
    They key here is super content, there are a lot of paid newsletters specially in the financial industry, yes you can make a living here, but as usual the key is superb content.
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    • Profile picture of the author Eduard
      Originally Posted by patadeperro View Post

      They key here is super content, there are a lot of paid newsletters specially in the financial industry, yes you can make a living here, but as usual the key is superb content.
      I'm positive I can write very good content. The trick is to convince others and get them to subscribe. I suppose my blog is the best platform for this right now. It's a good demo of how I think and the quality of content I write.
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  • Profile picture of the author la dominatrix
    http://www.kickstartdaily.com/
    The above link is a newsletter written by Martin Avis, he has been doing it for years. He now has a product how to market a successful newsletter published by a well known GB publisher.
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    https:catherineford.com/
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  • Profile picture of the author waterburn
    Those of you who pay for a newsletter, what kind of content do you get? Is it just an email with good content? Or do you get links to audio, videos, pdfs and other "special" downloads too?
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  • Profile picture of the author Eduard
    I found yet another website for creating a paid newsletter: Tiny Letter.

    Is anybody using it?
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    • Profile picture of the author billspaced
      just signed up, haven't done anything with it yet
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      Bill Davis
      Chief Marketing Officer, SoMoLo Marketing

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  • Profile picture of the author Ben Gordon
    It really matters what content you're giving out. Earlier this month I saw a WSO about a paid newsletter. He was reviewing 1 WSO per day and sending his honest opinion about it; saying people money.

    If it's something unique, powerful and mind blowing, then you'll get many subscribers. Only problem is that there are so many free ones , so it's a bit hard to come up with a great idea. Do some research, find out what people are interested in and what's untapped, and start the newsletter.

    Ben
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