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Building successful paid newsletters through skill acquisition and price anchoring
Learn how to price anchor your paid newsletter by highlighting its benefits and cost-effectiveness compared to alternative options. An example of pricing a newsletter offering at-home yoga routines is discussed to illustrate this strategy.
đź‘» Become a Premium Ghostwriter: https://premiumghostwritingblueprint.com/?el=CWC#2PD&htrafficsource=podcast_organic
How To Build A $200k/Year Paid Newsletter
Today on Coffee With Cole, I share the proven strategies I've learned creating a successful paid newsletter that has generated more than $200,000 annually. In this video, I discuss key differences between free and paid newsletters, essential for monetization. I reveal insights from growing two paid newsletters to multiple six figures, emphasizing the importance of product-focused content. Discover how platforms like Substack revolutionized this business model and explore effective pricing strategies to sustain subscriber engagement and revenue growth.
Hey there!
My name is Nicolas Cole, and I have been writing on the Internet since 2007.
Today, I run a portfolio of writing businesses that does over $5,000,000 in annual revenue. My books, products, programs, and platforms are what I wish I'd had at the beginning of my writing career—back when I was 23 years old, had just graduated college with a degree in Fiction Writing, and had no idea how to make money as a writer.
My goal with this YouTube channel is to pass along everything I've learned (and am still learning) about digital writing, ghostwriting, self-publishing, and becoming a multi-millionaire digital writer with you.
So, if you want to know how to turn your passion for writing into a lucrative career, and you're looking for a digital writing mentor, maybe I can help. Everything I share on this channel is from hard-learned lessons in the trenches. I've made every mistake out there. Hopefully, you pick up a golden nugget or two that helps you on your journey. (And if I earn your trust, I hope to see you in one of our programs!)
"Nobody makes a living as a writer."
I hate that cliché—and I've proved it's not true.
Keep practicing your art. Keep learning about the business.
And most importantly, keep writing.
Cole
đź”— Other videos I think you'll enjoy:
10 Lessons from Selling $10M of Digital Products: https://youtu.be/h4ks2BeFsD0
How To Make More Money As A Freelance Writer: https://youtu.be/q8YBMvj5O2o
the Daily Routine that made me RICH ($20,000/mo Writing Online): https://youtu.be/nNUmWbjAXPc
✍️ Want to start writing online? Download this free Ultimate Guide to get started: https://startwritingonline.com
🚢 Ready to build your daily writing habit and accelerate your trajectory as a Digital Writer? Join Ship 30 for 30: https://www.ship30for30.com
đź‘» Want me to be your ghostwriting mentor? Apply to join our Premium Ghostwriting Academy: https://premiumghostwritingblueprint.com/?el=CWC#2PD&htrafficsource=podcast_organic
🤖 Need some help learning how to leverage AI as a writer? Check out our favorite ChatGPT prompts for writers: https://startwritingwithai.com
đź’» Want an endless supply of proven, viral-worthy digital writing templates? Check out our software platform, Typeshare: https://typeshare.co
🧙‍♂️Are you a fiction writer? Here's a crash course on how to turn timeless storytelling frameworks into game-changing ChatGPT prompts:
https://startfictionwritingwithai.com/
đź“š For more information on my books, businesses, and other writings, visit my website: https://www.nicolascole.com
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Listen to the best highlights from the podcasts you love and dive into the full episode