How to build a local newsletter business — with Ryan Sneddon of Naptown Scoop
Apr 2, 2024
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Ryan Sneddon, Founder of Naptown Scoop, shares insights on building a successful local newsletter business in Annapolis. Topics include overcoming growth challenges, monetization strategies, local influence, and future plans. Learn how he grew a small newsletter into a thriving media business.
Local newsletters can generate substantial revenue through focused advertising to a targeted audience.
Establishing a genuine sense of community and local presence is crucial for building a successful local newsletter.
Deep dives
Monetization through Local Newsletter Advertising and Expansion Opportunities
The podcast discussion emphasizes the significant revenue potential of local newsletters, particularly through advertising. The host highlights that with a focused audience of around 18,000 subscribers, generating $350,000 per year is achievable. Additionally, the episode outlines the opportunity to expand local newsletters into full-fledged businesses beyond traditional advertising, leveraging the engaged audience to launch new ventures and unique events, ultimately driving substantial revenue growth and community impact.
Building Local Community Engagement and Network Leveraging
The episode delves into the essential factors that contribute to a successful local newsletter, emphasizing the importance of being deeply connected and knowledgeable about the city. The speaker stresses the value of establishing a genuine sense of community within the newsletter, engaging with local events, and maintaining a strong local presence. By fostering authentic relationships and demonstrating a real understanding of the town, local newsletters can build a loyal subscriber base and enhance community engagement effectively.
Challenges and Daily Operations of Running a Local Newsletter
The podcast explores the daily operational challenges faced by local newsletter operators, highlighting the demanding nature of curating timely content, attending local events, and ensuring accuracy in reporting. The conversation underscores the disciplined approach required to maintain high-quality content delivery, consistent engagement, and the importance of meeting daily editorial deadlines. Despite the grind of reactive news coverage, the episode emphasizes the significance of perseverance and dedication in sustaining a successful local newsletter.
Long-term Commitment and Disciplined Approach for Local Newsletter Success
In advocating for the long-term commitment and discipline required for local newsletter success, the episode offers a fundamental tip for aspiring newsletter creators. The discussion stresses the transformative power of consistent action over an extended period, highlighting the potential life-changing outcomes that can result from steadfast dedication to delivering high-quality content. By maintaining a regular schedule and unwavering focus on content creation, individuals embarking on the local newsletter journey can unlock significant opportunities for personal and professional growth.
Welcome back to another episode of the Send & Grow podcast. This week, SparkLoop's Dylan Redekop chats with Ryan Sneddon of Naptown Scoop, a pioneering local newsletter dedicated to Annapolis, Maryland.
In less than four years, Ryan's grown Naptown Scoop to a full-fledged local media business with a small staff and a target annual revenue of $350k. He plans to grow to over $1M in revenue in the upcoming few years—all from a local newsletter with under 18k subscribers.
In this episode, Dylan & Ryan explore:
The Genesis of Naptown Scoop: How Ryan's dissatisfaction with traditional employment pathways led him to create a local newsletter that now connects thousands.
Overcoming Growth Challenges: Strategies and insights on expanding a local newsletter's reach and engagement, including the pivotal role of community involvement.
Monetization Pathways: From direct advertising to innovative community events, Ryan shares how Naptown Scoop has turned local attention into a thriving business model.
The Power of Local Influence: How owning a local newsletter opens unparalleled opportunities for business ventures, partnerships, and community impact.
Future Visions: Ryan's ambitious plans for Naptown Scoop and advice for aspiring newsletter creators looking to make a difference in their communities.
...and much more, including Ryan's candid thoughts on the balance between being a local 'celebrity' and a committed newsletter operator.