Now, the main question lies in why should someone use Substack instead of simply creating their own website? Most importantly, the platform has provided financial freedom to the writers. Substack provides all the editorial and publishing tools so that writers can make engaging content. Writers can keep all their subscription lists and content with them. Substack helps the writers to write content on their terms and build a genuine audience. Most writers feel that their creativity is lost due to these algorithms and metrics. Page view metrics and advertisers have taken away the freedom to write authentically from the writers. Readers can subscribe to your email list monthly or annually.Īpart from making things simpler, Substack has made the bond between readers and writers stronger in the following ways: Freedom to Write Content You can manage your email list, add subscribers, send emails and analyse the analytics. It provides all the tools to the writers to write content and earn money through subscriptions. The business model of Substack is simple. The best part about Substack is that writers can publish unlimited content for free. The platform provides all the tools to the writers which allow them to write high-quality content. Writers can earn money by collecting a subscription fee from email newsletter subscribers. It is an online platform that helps writers launch their email newsletter. The headquarters of the company is in San Francisco, California, USA. Substack was founded in 2017 by Chris Best, Jairaj Sethi, and Hamish McKenzie. Let's understand the business model of Substack and how it makes money. Substack has over 5,00,000 paying subscribers. It has gained immense popularity and people are loving this platform. Within a few years, it has empowered the relationship between a reader and a writer. To put an end to this, Substack was launched in 2017. Writers know that if they don't rank their article on the first page of Google they won't get the traffic due to which they will not earn money. Writers are not able to create a direct connection with their readers because they have to constantly think about the on-page and off-page SEO. This might seem a safe option to make money but, it also restricts the creativity of the writers. They can earn money by leveraging the Google and Facebook ad models. Today, writers can reach millions of people around the world by writing blogs.
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