Experienced marketer and entrepreneur Amanda Goetz shares valuable insights on choosing a newsletter niche, scaling growth with high engagement, clever sponsorship sales, the 90-10 Rule for content, starting a newsletter, and the future of newsletters in 2024.
Read more
AI Summary
AI Chapters
Episode notes
auto_awesome
Podcast summary created with Snipd AI
Quick takeaways
Consistency and actionable content are key in creating a successful newsletter, providing original and valuable content that genuinely cares about the audience and offers practical advice and steps for readers to apply in their lives.
Diversifying revenue streams in a newsletter is essential for long-term success, offering different tiers of engagement, such as access to exclusive content, group coaching, or one-on-one coaching, and implementing an offer matrix with free, low, medium, and high-priced options allows for upselling and maximizing revenue opportunities.
Deep dives
The Importance of Consistency and Actionable Content
Consistency and actionable content are key in creating a successful newsletter. Providing original and valuable content that genuinely cares about the audience is crucial. The newsletter should offer practical advice and steps for readers to apply in their lives. By keeping the excitement level high and utilizing ideation stations, writers can efficiently plan and write their newsletters. Additionally, promoting the newsletter through social media and paid advertising can help increase engagement and grow the subscriber base.
Building Revenue Streams and Implementing an Offer Matrix
Diversifying revenue streams in a newsletter is essential for long-term success. Offering different tiers of engagement, such as access to exclusive content, group coaching, or one-on-one coaching, can appeal to different readers and generate income. Implementing an offer matrix with free, low, medium, and high-priced options allows for upselling and maximizing revenue opportunities. Collaboration with other content creators can also be beneficial in expanding reach and creating valuable partnerships.
Managing Time and Setting Realistic Goals
Balancing a newsletter with other responsibilities requires effective time management and goal setting. It is important to allocate dedicated time slots for newsletter writing and stick to it consistently. Starting with one revenue stream and mastering it before adding more is advisable to avoid overwhelming oneself. Setting realistic goals and focusing on achieving 80% mastery in one area at a time rather than spreading oneself too thin can lead to better outcomes.
Opportunities for Newsletters in 2024: Collaboration and Consolidation
In the coming year, newsletters have opportunities in collaboration and consolidation. Collaborating with other content creators can bring together different perspectives and enhance reach and engagement. Consolidating newsletters to form creator communities allows for collective growth and the ability to support and learn from one another. It is important to focus on original and unique content while providing value to readers to stand out in a saturated landscape.
Welcome back to another episode of the Send & Grow podcast. This week, SparkLoop's Dylan Redekop chats with Amanda Goetz of the Life's a Game newsletter.
Amanda's journey in the newsletter world is as fascinating as it is instructive. From her experiences in marketing and entrepreneurship to finding her unique voice in the newsletter space, she shares valuable insights from reaching 20k subscribers in a few months while maintaining a high engagement rate and driving revenue.
In this episode, Dylan & Amanda discuss…
The two most important things Amanda considered when choosing her newsletter niche—and why.
How Amanda scaled newsletter growth while maintaining incredible engagement levels.
Amanda's clever Octopus vs. Swordfish approach to sponsorship sales & monetization.
Her 90-10 Rule when it comes to content—and what makes a newsletter a "must-read".
Amanda's advice on starting a newsletter—including content creation, audience building, and staying authentic.
Her vision for the future of newsletters and what she believes to be the biggest opportunities for growth in 2024.