Substack Insights
Startup Idea: A platform that provides insights and analytics for Substack creators to understand subscriber fluctuations and reasons behind them
Pain point: people losing subscribers on Substack without any explanation or understanding of why
- Categories
- Substack Analytics Subscription Management Data Visualization
- Idea Generated From
- Reddit Post: Substack Subs Disappeared
- Potential Monthly Revenue
- $6000
Business Plan:
Business Idea:
We are launching a platform that provides insights and analytics for Substack creators to understand subscriber fluctuations and reasons behind them.
Target Market:
Our target market includes Substack creators who rely on their writing as a source of income and want to better understand their subscriber behavior. This service will be valuable for independent writers, journalists, bloggers, and content creators who use Substack as a platform for their newsletters.
Value Proposition:
Our platform will offer Substack creators detailed analytics on their subscriber base, including trends in subscription growth and decline, reasons for unsubscribes, popular content, and engagement metrics. By providing this data, we aim to help creators make informed decisions to retain existing subscribers and attract new ones.
Monetization Strategy:
We will offer subscription-based pricing plans for Substack creators to access our analytics platform. Pricing tiers may include basic analytics, advanced insights, and personalized recommendations. Additionally, we may offer consulting services for creators who want personalized help in improving their subscriber retention strategies.
Marketing Strategy:
Our marketing efforts will focus on targeting Substack creators through digital advertising, social media campaigns, content marketing, and partnerships with Substack itself. We will also leverage influencer partnerships within the Substack community to promote our platform and build credibility.
Financial Projections:
- Monthly Subscription Fee per Creator: $50
- Estimated Number of Substack Creators Subscribing to the Platform in the First Year: 100
- Monthly Revenue in the First Year: $5,000
- Estimated Monthly Revenue in the Second Year (assuming a 20% growth in subscribers): $6,000
Estimated MRR: $5,000
By providing valuable insights and analytics to Substack creators, we believe that our platform can help creators improve their content strategies, increase subscriber retention, and ultimately grow their revenue.