From Launched to Sold in 11 months: How LeQwane Lynch grew & sold the Alerts Daily newsletter — with LeQwane Lynch
Jan 16, 2024
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LeQwane Lynch, founder of Alerts Daily, shares how he grew and sold his newsletter in under a year. Topics discussed include rapid growth strategies, effective organic growth, monetization techniques, selling a newsletter, and future endeavors.
Leverage rented audience platforms like social media to expand reach and monetization opportunities for newsletters.
Know your audience, deliver valuable content consistently, and explore opportunities for media expansion to attract potential buyers for a successful newsletter exit.
Deep dives
Importance of Leveraging Rented Audience Platforms
It is important for newsletter operators to not just rely on email as a platform, but to also leverage rented audience platforms such as social media. These platforms have algorithms that can connect them with their specific target audience. By providing valuable content and speaking to their audience, newsletter operators can build a presence on these platforms and use them to drive more traffic to their website or newsletter, thereby expanding their reach and monetization opportunities.
Organic Growth Strategy for Scaling a Newsletter
Lee Kwan Lynch, the founder of Alerts Daily, shares his organic growth strategy that helped him scale his newsletter to over 35,000 subscribers in just 11 months. He focused on providing value to his target audience and validating the idea of the newsletter in the first month. He then set goals for subscriber growth and engagement, continuously refining his content to cater to the needs of his audience. By staying focused on his audience and delivering valuable content consistently, he was able to achieve rapid organic growth.
Monetizing a Newsletter through Advertising
Lee Kwan Lynch monetized his newsletter by selling advertisements. He initially considered promoting his paid community to his newsletter subscribers but realized the audience wasn't the right fit. Instead, he decided to sell ads that aligned with the interests of his dedicated and enthusiastic audience. While selling ads was challenging due to limited budgets from potential advertisers, he found success by understanding his unique target audience and structuring his ad prices based on advice from industry contacts and gauging the reactions of potential partners.
Planning for a Profitable Exit from a Newsletter
According to Lee Kwan Lynch, one of the most important factors in planning for a successful exit from a newsletter is knowing your audience and providing them with value. By understanding your target audience and delivering content that resonates with them, you can build a highly engaged readership. This, in turn, attracts potential buyers who value the engaged audience and the unique value proposition of your newsletter. Additionally, being aware of the wider media landscape and exploring opportunities for media expansion beyond email can contribute to the long-term success and potential profitability of a newsletter.
Welcome back to another episode of the Send & Grow podcast. This week, SparkLoop's Dylan Redekop chats with LeQwane Lynch, founder of Alerts Daily, a daily newsletter he started, scaled, and sold in under a year.
In this episode, Dylan & LeQwane discuss…
The Rapid Growth of Alerts Daily: LeQwane shares how he leveraged a private community & social media into a newsletter reaching tens of thousands.
Effective Growth Strategies: How LeQwane nailed organic growth, reaching a massive audience—without paid advertising.
Monetization Techniques: How LeQwane transitioned from a community-based model to integrating sponsors effectively.
The Art of Selling a Newsletter: How LeQwane built Alerts Daily with a sale in mind from the beginning so he could attract the right buyers.
Future Endeavors: How LeQwane's new venture is helping newsletters grow organically.