How Does Substack Make Money?

What percentage does Substack take?

Authors can decide to make subscription to their newsletter free or paid, and to make specific posts publicly available to non-subscribers.

As of 2020, the minimum fee for a subscription was $5/month or $30/year, and Substack usually takes a 10 percent fee from subscription payments..

How do I get Substack subscribers?

One of the best things you can do to get more Substack subscribers is to leverage someone else’s audience. Especially if you’re just getting started. In essence, this means cross-promoting your newsletter with someone else’s newsletter, blog, etc. in the same or similar niche that you’re in.

Is there an app for Substack?

Instead of downloading a Substack Reader app from the App Store, you can navigate to your Substack Reader account in Safari and add it to your home screen. This will create an icon on the Home Screen for rapid access. … Once added to your home screen, Substack Reader works like a native app.

How do you start a paid newsletter?

Paid newsletters generate recurring revenue—meaning once a subscriber signs up, you get paid every month until they cancel!…How do I start a paid newsletter subscription?Decide on your purpose. … Define your target audience. … Create a schedule. … Decide on your pricing model. … Set up MailerLite and Stripe.More items…•Oct 14, 2020

Does Substack own your content?

Who owns my content? You own all the content you publish on Substack. We ask everyone to sign a publisher agreement, which you can read here.

How many email subscribers do you need to make money?

With the $500 average order size, a click-through rate of 10%, and a conversion rate of 2%, you’d only need 2,000 subscribers to earn $8,000 a month, and that’s sales directly from your emails – not from any advertising, any networking, or any referral business.

Should I start a Substack?

TLDR: For most of you, no, starting a Substack is not the best way to build a financially sustainable long-term writing project. You should definitely build an email list, but you should do it with a free newsletter you run alongside a website/blog that you own.

How do I publish on Substack?

How do I publish a new post?Log in to your account and navigate to your Dashboard. … On the right-hand side, under “Create”, click “New post”.Add your post, using the text editor.After clicking “Publish”, you will be given the option to publish only to your publication’s website, or also email it to your subscribers.Dec 23, 2019

Is Substack safe?

Substack is free, for as many subscribers and emails you want. And it’s not just free, it’s reliable. … No, you can keep your emails open, so there’s no problem there.

How do I start a Substack?

Setting up a Substack newsletter is easy and free.Choose a niche. Many of the top newsletters on Substack focus on a specific topic, like China, climate change or productivity. … Set up your newsletter. … Start writing! … Proofread your work. … Remember what your audience is there for. … Stick to a schedule. … Spread the word.Aug 15, 2020

How much do Substack writers make?

The top 10 authors on Substack collectively make more than $15 million a year. An increase from $10 million in December 2020, and $7 million in September 2020….Substack revenue.DateYearly earnings of top 10 authors (in US dollars)September 20207 millionDecember 202010 millionFebruary 202115 millionFeb 24, 2021

Is Substack free to use?

If your publication is free, you can use Substack for free. If you charge for a paid subscription, Substack keeps 10 percent of the subscription proceeds plus about 3 percent in processing fees.

How much does Substack cost?

General Substack Newsletter Pricing Range Most newsletters on Substack fall into a fairly narrow price range of $5-$15 per month.

Substack—which allows writers to send digital newsletters directly to their readers and monetize their work by putting it behind a paywall—has been growing steadily ever since its launch in 2017. A Y Combinator graduate that is also backed by Andreessen Horowitz, Substack now has more than 250,000 paying subscribers.

What is a Substack from Subway?

Subway has also introduced two sandwich options: the SubStack and the Super SubStack. The rules are simple: “Just choose your favourite Sub and SubStack it with three hash browns for just 50p extra. For hungrier customers, the Super SubStack includes “three hash browns and two pieces of streaky bacon for £1 extra”.