I wonder if we’re in a newsletter bubble There’s something off about the unit economics
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Or $60/yr* but they also let you set annual price at $30 min
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Well you can discount annual and I have mine at 50, but yeah, still Somethings not adding up Why are people paying so much? How long will they continue? Where is the spending being cut? Who the hell are these rich people?
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Do substacks also have ads? The NY’er is much more expensive per writer if you consider the ad revenue they rake in by selling reader eyeballs. Readers pay in attention.
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A lot of magazines would be free giveaways if it didn’t diminish the value of the included ads (the real business), according to
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Ppl pay $5-$20 a month to Patreons for podcasts them even though NPR is free
Thanks. Twitter will use this to make your timeline better. UndoUndo
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In a way, this has already been happening with online courses where people pay a premium to get an online course from a best-selling author while Linda and others offer a whole bundle for much less.
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I think when people associate with personal brands, they are willing to pay a premium despite lower volume. For me, It's getting a peek into someone's brain (if I like how they think) than just a source of news. I may be the exception here so the unit eco argument may still hold.
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But I don't want to read New Yorker. I want to read
@artofgig.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Mental model is wrong. Substack subscription is like a Twitch subscription. $5/mo is to become a patron and feel like a supporter, not for content. Content is free, signaling belonging is paid.
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This doesn’t fit at least the data I’m seeing for my list
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