Newsletter

Business Idea: Start A Newsletter in 2024

Updated: July 7th, 2024

Avg Monthly Revenue
$266K
Avg Startup Costs
$19.7K
Score
99 πŸ”₯
Avg Revenue
Min Revenue
$100/month
Max Revenue
$4.1M/month
Avg Days To Build
30 days

Did you know that in the past five years, there has been more than a 50% increase in the number of people who read newsletters?

Newsletters are one of the few things you can use to market yourself as a trusted expert. A well-written newsletter can educate your subscribers and build connections with them.

Email newsletters are a great way to connect with customers and potential customers. It’s a newsletter’s job to inform, persuade, and sell to your audience.

Revenue & Profitability

How much do newsletters make?

Learn more about how much money newsletters make.

Startup Costs

How much does it cost to start a newsletter?

  • It can cost as low as $40 to start a newsletter.
  • It can cost as high as $650,000 to start a newsletter.

Learn more about the costs of a newsletter.

Examples Of Successful Newsletters

Successful newsletter businesses and case studies

Case study about the rapid growth and successful acquisition of Morning Brew, a daily newsletter founded in 2017, which was acquired by Business Insider for $75M in 2020 after reaching over 70K subscribers and generating an average of $4.1M/month in revenue.

$4.1M Monthly Revenue
Read by 336 founders

Financial media company MarketBeat, founded by Matt Paulson, provides objective financial information and real-time market data to empower individual stock investors to make better trading decisions, generating approximately $8 million in revenue in 2019 and ending the year with over 1.3 million unique email subscribers due to a freemium model with 75% of revenue from advertising and 25% from subscriptions.

$3M Monthly Revenue
Read by 27,765 founders

See full list of successful newsletters.