“In this article, we will teach you how as an online creator, you can start a paid newsletter and take your online game to the next level”.
Are you planning to start your newsletter but are confused will people buy paid newsletter? We’re here to brighten your day because the answer is “Yes” and it is one of the best ways to build an authentic audience and make money in the knowledge economy.
Paid newsletters are becoming popular and are driving profits in the knowledge economy. However, paid newsletters generate monthly recurring revenue, meaning you get paid every month until the subscription is canceled. But to start a newsletter, you need to put in a lot of hard work and have creative ideas to develop a successful newsletter.
Fortunately, Graphy experts have covered everything you need to know to start a paid newsletter subscription, even if you are a beginner.
Let’s get started.
Table of Contents
How to start a paid newsletter
Every successfully paid newsletter has a broader vision. To figure out what your newsletter should be, ask yourself and then build the base on your answers.
1. Create your strategy
Your strategy is what will set you apart from other creators. You can start building your plan by asking simple questions like:
How often should I send out my newsletter?
The frequency of your newsletter also matters. You can’t send your users countless emails, same time you also don’t want a content deficiency. Thus, set the timing for your newsletter and meet your subscribers’ expectations.
What type of format will my newsletter be?
You have a lot of options for the design and format of your paid newsletter. Either, you can follow the traditional path to print your newsletter, or can put it as a PDF download. You can also set it up totally as an email list. It’s your finding, and you have total freedom and control over the procedure.
Once you’ve settled down the answers to these questions, it’s time to announce your launch to your enthusiastic audience.
2. Decide on the topic and format
The first and foremost step is defining your topic. What type of content do you want to share with your audience? It is a crucial stage. So think twice before deciding on the subject. If you are still on the barrier, ask yourself the following questions:
- Why do you want to publish the newsletter?
- What value will you bring to your audiences?
- What are you good at?
When you are ready and satisfied with the answers, you can finalize the format of your content.
For example, a YouTuber could send a video newsletter once a month, an English teacher could share a checklist to enhance the improvement of the language, and a business owner could talk about startup benefits. However, make sure your format is appropriate to the topic you choose.
3. Identify your target audience
Based on your topic, you can now determine your target audience. Who is interested in your content, and how it will benefit them. And while sharing your content via emails, it should be relevant.
For example, if you’re a marketer, target small business owners or companies for which marketing is essential to promote their brand. Identify your audience who will truly enjoy your content and benefit from it.
4. Build a landing page
The landing page is where you share the details about your newsletter. Make your landing page attractive so that people subscribe to your newsletter. The essential factor is to understand your audience’s requirements, and then building your newsletter in such a way gives them tremendous benefits.
If you need to build the landing page, you can use a digital platform like Graphy where you get a drag-and-drop editor to create your landing page. A good landing page building does not require a lot of complex code. It frees you and helps you concentrate on building the knowledge and experience for your readers.
5. Set up your payment gateway
To handle all transactions, you need to have an account and an electronic payment processing technique and finalize this process before you launch your newsletter.
With your strategy done, build out your sales process and delivery sequence. Start by positioning your newsletter as a product in your shopping cart and determine your newsletter billing frequency and payment options.
However, it is also the right time to build an email campaign to welcome new subscribers. Use your email marketing software to set up automation and create the newsletter purchase using Graphy.
Once your shopping cart is set up you can start marketing your paid newsletter. But it can be easier if you have a page on your website that does the selling and marketing.
6. Choose a platform to host a newsletter
It’s time to select a platform for your newsletter business that is easy to use and is user-friendly. There are many options available in the market that matches your strategy. Also, look at their payment system plan and accordingly choose the platform to host your newsletter.
7. Promote and grow your audience
Now that you know what works, time to advertise your business. Drawing new clients is an essential part of any successful newsletter campaign. So, how to promote your paid newsletter?
However, you could create advertising with a teaser video, Facebook ads, influencer marketing, or even a unique landing page. Whatever it takes, think about your strategy and plan. Remember, successful newsletters are all about posting consistently. So keep regular posting worthy content and always stick to your schedule.
Why you need a paid newsletter
First things first, newsletters are increasing their popularity and are trending. Mature audiences actually look for newsletters to grab knowledge. Plus, buyers prefer newsletters over other forms of social media updates. Thus, both profitable and convenient.
Newsletters are for everybody, and there is no industry barrier. You may be a business owner, an IT specialist, a company founder, or simply a college grad. Whoever you are, you can start a paid newsletter.
Today, you should launch a paid newsletter because:
• It’s profitable
Free newsletters bring you money not right away but in the long run. It may take you a year or month to grow a worthy audience. But if you have a paid newsletter, the sooner you start, the sooner you get paid.
Let’s assume you charge $5 monthly and have only ten subscribers that’ll get you $50. But as your project expands, you’ll start making more cash. So when it comes to how much you’ll make, it’s all on you how you want to take further to make it more profitable.
• It’s affordable
Building a paid newsletter won’t cost you much, and it’s affordable. The essentials may include a computer, Internet connection, and newsletter building platform subscriptions. Optional costs include high-end technology equipment, premium software subscriptions, affiliate marketing fees, etc. Seriously, it’s that simple and affordable.
• It helps to demonstrate your expertise
Newsletters offer an awesome opportunity to establish yourself as an expert. Pick a topic that you know well and share your experience.
For example, if you’re a writer, you could weekly send out five tips on how to do creative writing or how to write a good copy. It will win your audience’s trust and show you as an authority. If you are an expert, it will take you a long way.
• It’s time-efficient
Newsletters take not only little action to launch but also take very less time. It shouldn’t take you more than a couple of days from start to finish to create a great newsletter.
• It prompts your creativity
Start a paid newsletter; as you decide the content and no other rules to follow. You are showing your 100% creativity. Well, that’s what newsletters offer. You can write funny, create odd content or be a freak.
There’s no better place to start testing than in a paid newsletter. But just follow one rule; your content should be catchy, interesting, and engaging.
How can Graphy help you get started?
Graphy is an all-in-one platform that makes it easy for you to launch your own paid newsletter. It has built-in email marketing software, memberships, a customized landing page, and a shopping cart that can help you get started with your paid newsletter. Have a good connection with your audiences, and then start sharing your in-depth knowledge with your subscribers.