I've long been interested in how to take online communities like newsletters and monetize and grow them.
So I built out a business model explicitly to monetize... here's the long and short of it.
What I realized is at Contrarian Thinking each subscriber is worth about $2.9-$3.29 per year to me.
So with 100k subs, if I monetize I can generate $290-329k a year PROFIT. (Model below).
Um, yes please.
So - if I can generate that off my own subs why couldn’t I buy others, discount them, and juice up the return and subscription much faster than by adding a few hundred emails a week? So I give a step by step on the 6 revenue streams I have on my newsletter, how I'd value them, and buy to build it up further.
Sounds pretty good to me too. How did you come up with the $2.9-$3.29 per year number?