How Much Money Can You Make Writing On Substack My First 2 Months

How Much Money Can You Make Writing On Substack My First 2 Months Here's a realistic breakdown of how much money you can expect to make writing on substack. in this video, i break down my stats, earnings, and some expert ad. That means if you made $60,000, your earnings would be closer to $47,580— before taxes. federal and state tax rates vary, but assuming an average rate of 27%, you’re ultimately looking at.

How To Make Money With Your Writing Using Substack A better financial model. the ad model demands that writers attract 40,000 page views every day to earn just $1,000 a month. with the substack model, a steady base of 1,000 subscribers paying $5 each month earns you $60,000 per year. try our calculator to estimate what you could earn. Getting started is easy. set up paid subscriptions in just a few minutes. estimate what you could make on substack. $4,638 per month. get started. writers keep 90% of their revenue minus credit card fees. “i can still remember standing in the kitchen in march 2020 and watching the first $1.00 i made come through, from sharing my own research. Even so, as you continue on your journey as an independent writer, you’ll have to experiment with ways to keep growing. we tend to see 5 10% of free subscribers convert to paying subscriptions, with 10% being a rate to aim for. if your conversion rate is significantly below 10%, use tried and true tactics from other writers to improve it. Keep in mind, not everyone is making good money on the platform, but if you are willing to put in the work, you can make decent money. substack gets paid by taking 10% of your subscription revenue (and about 3% or so in processing fees), which means you get 90% of your revenue. generally, beginner writers charge around $5 per month of $50 per.

Substack History An Overview Of Substack Blogging Guide Even so, as you continue on your journey as an independent writer, you’ll have to experiment with ways to keep growing. we tend to see 5 10% of free subscribers convert to paying subscriptions, with 10% being a rate to aim for. if your conversion rate is significantly below 10%, use tried and true tactics from other writers to improve it. Keep in mind, not everyone is making good money on the platform, but if you are willing to put in the work, you can make decent money. substack gets paid by taking 10% of your subscription revenue (and about 3% or so in processing fees), which means you get 90% of your revenue. generally, beginner writers charge around $5 per month of $50 per. Tip 2: the “80 20 rule” in marketing. in marketing, there is a principal known as the “80 20 rule”. this is the belief that you should give your audience free content 80% of the time. it will be hard to convince new users who have never seen you before to subscribe to your substack if everything is behind a paywall. 3. decide what to offer paying subscribers. although your goal is to make money, you'll want to keep some content free. people will often subscribe to your free content first, and then decide whether they want to pay for a membership based on how much they like the free stuff.

How To Create A Substack Newsletter Newsletters Writing Steps Tip 2: the “80 20 rule” in marketing. in marketing, there is a principal known as the “80 20 rule”. this is the belief that you should give your audience free content 80% of the time. it will be hard to convince new users who have never seen you before to subscribe to your substack if everything is behind a paywall. 3. decide what to offer paying subscribers. although your goal is to make money, you'll want to keep some content free. people will often subscribe to your free content first, and then decide whether they want to pay for a membership based on how much they like the free stuff.