Single Operated Newsletter – How to convert free readers into subscribers
Passion Economy creators often utilize free distribution platforms—such as Facebook, Instagram, YouTube, or free podcasts and newsletters—to grow their audience, then convert some of those free users to paying customers. Platforms that support the monetization of fans include;
Kajabi
Teachable
Podia
Patreon
Buy Me A Coffee
Mighty Networks.
Measuring the conversion rate of free users to purchasers or subscribers tells you how effectively your platform allows creators to monetize their audience.
On its own, this metric tells a partial story—whether it’s low or high doesn’t necessarily indicate anything about the health of the business. Some creators may want to monetize a smaller portion of their audience at higher dollar amounts, while other creators may want to monetize a larger portion of their audience at low dollar values.
Why is a Single Operated Newsletter the new way to create financial freedom online?
1 – You can create a subscription base without becoming a social media influencer.
2 – You can control the platform something you can not do with YouTube, Facebook, and yes, even Instagram.
3 – You can get paid directly for the content provided to your readers. This eliminates the possibility of getting knocked off the big platforms.
Many people, often older, are still having trouble believing and accepting that a person of average intelligence can generate a salary on their own through a Single Operated Newsletter.
You now have the opportunity to build a scalable, income-producing asset, you have a relatively fast path to location freedom and time freedom as well.
Top-paid newsletter creators are earning earn more than $500,000 a year from reader subscriptions. And the secret is that you don’t need to be the one writing! You can manage the project, or several projects, and reap tremendous dividends.