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Newsletter Growth Tactics with Matt McGarry
"Media Empires" | The Business of Newsletters, Podcasts, Creators, and Data Acquisition
Effective Monetization Strategies for Young Businesses
Young businesses can effectively monetize by excelling in sales or offering information products to convert a percentage of their audience, leading to increased revenue. Developing strong sales tactics like the ones used by successful companies can help in achieving higher CPMs and attracting larger businesses. Additionally, having information products to sell can significantly boost revenue by converting a small portion of the audience. Lead generation services can also be a valuable monetization strategy, especially for B2B businesses looking to target decision-makers in specific industries.
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