Is Substack the New Blogging? Pros, Cons, and Alternatives for Premium Email Newsletter Tools

Описание: ​Substack is an email newsletter platform where independent publishers can easily earn money from their writing with paying subscribers.

Substack allows publishers to collect payments from subscribers and publish their content online and in email format.

If you do some googling or twittering, you’ll see that Substack is pretty hot right now. They got some $15 million-ish from Andreessen Horowitz and it feels like publishers are flocking there.

But is writing a weekly newsletter really any different than writing a weekly blog?

No, not really.

However, it DOES make it easier to launch a “Premium” newsletter. The “old” way to monetize a blog was produce content, hope it ranks in Google, then make some money on affiliate commissions or eventually create a course.

If you write well enough, perhaps you can start making money from day one by charging a monthly fee to get your newsletter.

​The Hustle, Morning Brew, and Richard Patey are a few companies that have both free and premium newsletters. (Although, only Richard is using Substack).

Bottom line – perhaps you can think about your business differently and start charging your subscribers to read your content.

However, the more interesting trend is the move for more and more independent publishers to start building their own businesses (as opposed to just writing for larger publications as a payroll employee).

It’s a great trend for online business owners.

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