While it’s impossible to say for certain what makes one newsletter succeed while another struggles to break even, there are some common threads. “Consistency is key,” says Isabella, who also runs both Instagram and Twitter accounts alongside the newsletter to engage with her supporters and connect with new ones. “You have to keep promoting yourself. If you don’t tell anyone about your newsletter, how will they know about it?”
It’s also important to remember being paid can mean many different things — while Lottie and Steph put roughly 75 per cent of their content behind a paywall, Isabella has kept all content free with membership as an option to give back and access giveaways. Jamie, on the other hand, uses membership to allow early access to content. Which model you choose depends on your strategy and ethos. It’s also worth considering that you might not want to turn on paid memberships straight away, but let an audience build first. “It takes time to build a loyal audience,” says Isabella. “Just be aware that people who are earning a lot of money from their newsletters probably had a platform and audience before,” she says.
For Jamie, QueerAF is not only a newsletter, it is a platform to support marginalised queer creatives: “One of our biggest strengths is that people support us not just because of our content, but because our work is really valuable. They do it because their money isn’t going towards a media mogul’s salary, they know it’s being reinvested into creative talent which will hopefully start changing the narrative in the UK about queer rights.” So, if your work is about making an impact, tell people how their money will make a difference.
For practical newsletters, Lottie advises thinking hard about how your newsletter will tangibly help people, especially in an increasingly crowded space.”Your newsletter having value is really key because otherwise, people might not want to subscribe and pay unless you can offer them something in return. It’s harder to get people to pay for entertainment, especially through writing, so you need to think about how it can be of use for them.”
Can Newsletters Bring Benefits Beyond Money?
But, even putting subscriptions aside, there can be other benefits to setting up a newsletter. For Isabella, one of the motivations for starting her newsletter was her hope to get a book deal. “My mentor told me a newsletter is a great way to build up a written body of work to show publishers that people are interested in buying your work,” she explains.
It’s also something she feels has helped her to stay motivated. “I think the industry can grind you down, so being able to have something I’m proud of has definitely kept me going. It’s opened my mind, which I think is really important as a journalist.”
Similarly, Lottie feels that her profile as a travel writer has risen because of it, which has also created other paid work: “Editors know me, PRs know me, and other journalists know me. I’ve had work opportunities as a direct result of writing this newsletter.”
Before you set out, it’s worth thinking about what exactly you’re hoping to get out of your newsletter.