Paid Newsletters
Product-Based (Digital)
Barrier to Entry
2/10
Short-term Potential
1/10
Long-term Potential
4/10
Risk
2/10
Big Audience or Ad Money Required
No
Income Potential
$$$
Salary Research
$0 - Unlimited
Pros
- Lots of income options: sponsorships, paid subscriptions, and ads, can also do affiliate marketing or sell your own products to your audience
- Great for building your main business or a side business - you can use it as a lead magnet to drive readers to your other ventures, like consulting or courses
- Pretty cheap to start with low operational costs
Cons
- You’ll need to spend a lot of time building up your subscriber list, either by providing free value for a long time or paying for ads, which can get expensive
- Newsletters have been around forever, so it’s a very competitive space, and there are already tons of niche-focused newsletters that have been established for years