Growing & Monetizing A Newlsetter

I would start cold emailing companies close to the topics that your newsletter is about. Give them some analytics about viewership and then a basic rate for an advertisement. I would reach out to as many potential companies as possible.

What do you write about in your emails? if you discuss products, you can use Amazon affiliate links

I'll defer to Pardeep Goyal of Cash Overflow on this one.

Check out the "How have you attracted users and grown Cash Overflow?" section to get the full rundown on his transition from a free to a paid newsletter, but here's the heart of it:

After the launch of my paid newsletters, I sent out a notification to my email subscribers. I started with a very low price — 50 cents — and I was expecting 10-15 subscribers on the first day. However, in the first two days more than 150 of them converted to the paid subscription. I kept on increasing the prices until I got to the rate of 2-3 daily signups. At present, 20-25 new people are subscribing to the newsletters every week.
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Because of the initial low price, a lot of people signed up who were not aligned with my goals. I asked everyone to fill in a Google form to understand why they joined the newsletters and what they were expecting from me. I made this mandatory for everyone — a criterion for keeping their newsletter membership. I refunded the money to 41 people who refused or forgot to fill in the form. I want to stick with the purpose of the newsletters (to help action takers) rather than just make money.

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