13
0 Comments

The Mistake Most People Make When Selling Paid Newsletters

Most people trying to sell a paid newsletter as an offshoot of their free newsletter struggle in part because they're approaching it the wrong way.

Let me explain...

What most creators do in this situation is their paid newsletter is basically the same as their free newsletter but includes additional issues or bonus content in some way that's not available in the free newsletter.

They sell "more."

But...

Almost nobody wants "more" - even of a newsletter they love!
Most people don't want extra emails in their inbox or extra "content."
And they especially don't want to pay to get more similar stuff that requires their attention.

I think a much better approach to a paid newsletter is to sell "different."
Instead of offering extra issues or bonus content, offer a newsletter that's a completely different take on a complementary/related subject that your free subscribers will want to access.

For example, a couple years ago I launched a paid version of my For The Interested newsletter which featured additional ideas each week (it was basically twice as big as my free newsletter).

Some people subscribed, but it didn't ultimately take off.
But now I'm offering a paid newsletter called THIS IS HOW I DO IT in which each week's issue offers a behind-the-scenes look at exactly how I do something myself to grow my audience and build my business.

This version of a paid newsletter is working much better (and I'm charging more) because it offers something DIFFERENT from my free newsletter, but something many of my free subscribers are interested to learn and willing to pay for.

(And fyi, I don't offer any free version of This Is How I Do It. My For The Interested newsletter functions as my "free" newsletter which draws people into my world and then some of them become interested in buying my paid newsletter.)

There are lots of ways to do this - it all depends on your niche, audience, etc.

If you've got a free newsletter and are trying to figure out what a complementary "DIFFERENT" paid newsletter might look like for you, let me know in the comments and I'm happy to give you some suggestions.

posted to Icon for group Newsletter Crew
Newsletter Crew
on August 13, 2020
Trending on Indie Hackers
Why Indie Founders Fail: The Uncomfortable Truths Beyond "Build in Public" User Avatar 129 comments I built a tool that turns CSV exports into shareable dashboards User Avatar 98 comments $0 to $10K MRR in 12 Months: 3 Things That Actually Moved the Needle for My Design Agency User Avatar 76 comments Your AI Product Is Not A Real Business User Avatar 72 comments I got tired of "opaque" flight pricing →built anonymous group demand →1,000+ users User Avatar 46 comments A tweet about my AI dev tool hit 250K views. I didn't even have a product yet. User Avatar 44 comments