Very interesting, thanks for the data. I had absolutely no idea how this looks from the author side.
As a subscriber, Substack is very expensive, and doesn’t really make sense (but I have some disposable income, so…). Paying yearly is not the right model, I think. Sometimes I just want to read a full post, sometimes I do want to pay for a year, but Substack offers only monthly or yearly. At 50-80 per year, one can subscribe to at most 5-10 before it gets very expensive.
Yeah, it's not sustainable. I imagine they will start experimenting with bundles at some point.
I honestly didn't expect to make much at all. I only opened up payments because it was easy. And unless you have another way to drive traffic, like Twitter, I imagine I'd have closer to zero followers on here.
But being able to run a newsletter for free is unmatched. At my numbers, I'd be paying over $100 per month for another provider. However, I can't do drip campaigns or email sequences on substack, but that's not something I'm interested in doing. At least, not yet.
And to be very clear, I really like that Substack works for the authors, and allows either zero cost or even small income. I just would like to support more people, at a lower level for each of them. Either bundles or one off payments.
Very interesting, thanks for the data. I had absolutely no idea how this looks from the author side.
As a subscriber, Substack is very expensive, and doesn’t really make sense (but I have some disposable income, so…). Paying yearly is not the right model, I think. Sometimes I just want to read a full post, sometimes I do want to pay for a year, but Substack offers only monthly or yearly. At 50-80 per year, one can subscribe to at most 5-10 before it gets very expensive.
Yeah, it's not sustainable. I imagine they will start experimenting with bundles at some point.
I honestly didn't expect to make much at all. I only opened up payments because it was easy. And unless you have another way to drive traffic, like Twitter, I imagine I'd have closer to zero followers on here.
But being able to run a newsletter for free is unmatched. At my numbers, I'd be paying over $100 per month for another provider. However, I can't do drip campaigns or email sequences on substack, but that's not something I'm interested in doing. At least, not yet.
And to be very clear, I really like that Substack works for the authors, and allows either zero cost or even small income. I just would like to support more people, at a lower level for each of them. Either bundles or one off payments.
Love it.