Want to make money as a newsletter writer?
If you take the right approach, it’s possible to earn big on platforms like Substack.
While some writers devote time to publishing completely free newsletters, that approach is unlikely to be worth your while unless you use the newsletter as a marketing tool for your other freelance services.
Instead, the best way to earn money from newsletter writing is to build up an audience of devoted readers – including some who are willing to pay to receive your content.
Newsletters can fall into almost any niche imaginable, and if you’re adept with social media, you can use those platforms to further grow your readership and establish a loyal base.
You don’t need to amass a huge audience to make newsletter writing worth your while, either.
Think about it: if you charge $7 per month and get 300 paying subscribers, you’ll earn $2,100 per month.
Newsletter platforms typically charge a commission (Substack takes 10% of writers’ monthly earnings), but you’ll be able to keep the rest. And your income—but not your workload—will increase with each additional paying subscriber you attract.
Want to make money as a newsletter writer? Here’s what you need to know…