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📰 Industry Roundup

Insights - State of Creator Economy 2024 (62 Pages/2 Minutes): ConvertKit has released its third annual State of the Creator Economy report and newsletters figure prominently in it. I read all 62 pages and distilled them down into a 2 minute read for you with all of the key takeaways… Read

Newsletter Operator Burnout: If done well, newsletters demand a consistency that benefits both subscribers and the newsletter’s fortunes, but can take a toll on the operator. Creators that need a break struggle with guilt and - depending on how long of a break - the issue of refunds and exit strategies. Two articles (1 free, 1 paid, hence 2 options) show burnout is not new… Read (free) Read ($)

Pulitzer Prize Nominations Prove Local Online Dominance: For the first time in 107 years, online news outlets outpaced traditional newspapers as Pulitzer finalists. The number of online outlets noted marks a pronounced shift in how local news is delivered, which newsletters are playing a key role in. Read

Case Study - Athletic Nears 3 Million Newsletter Subs, Raises Rates: The Athletic grew its newsletter subscribers 20% over the past year to approach 3 million subscribers and continues to raise newsletter ad rates slightly as it grows. Its newsletter portfolio strategy is becomingly increasingly common among larger industry publishers to keep paid subscribers engaged; check out their open rates and ad model… Read

⚒️ Letter Ops

30+ Ways To Monetize Your Newsletter: The 2024 State of the Creator Economy report shows that a quarter of creators make $0. Here’s a library of over 30 newsletter monetization approaches with examples… Read

Case Study - AI Newsletter That Was Designed To Sell Exits: Bot Eat Brain parlayed just over a year of effort and 22,000 subscribers into a $50k exit. The founder shares his strategies for selling not 1 but 2 digital assets over a 2 week period, including how to find the ideal buyer for your asset… Read

Paid Newsletter Recommendations - Your Mileage May Vary: The jury is divided on paying for subscribers recommended by other newsletters. Some say other newsletters are the best source, while others suggest those subscribers may not be very focused on your newsletter, leading to poor engagement down the road. The debate rages, with Louis Nicholls of Sparkloop putting his money where his mouth is regarding Upscribe in this thread… Read

Superformat Your Way To Creator Sanity & Dominance: The “Superformat” concept involves focusing on the production of one large, primary unit of content that can more easily be cut up into smaller units of content appropriate to distribution on different channels. Here’s a beautiful concept visualization using Creator Spotlight as the example… Read

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Disclaimer: Not financial or business advice. This newsletter is strictly for information and education purposes and may contain affiliate links or sponsored content from a variety of partners to keep this newsletter free of charge.

Newsletter Business is published by Digiventures Media Group LLC.