- Online Income Memo by Skipblast
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- š° Going All In
š° Going All In
Apologies for all the typos last time!
Hey there!
Youāll notice that things look a bit differentā¦.thatās because this list is now on Beehiiv.
Mostly.
Let me explainā¦
ConvertKit vs Beehiiv
For ages, ConvertKit has been what Iāve used for the email lists across my sites. And honestly, thereās nothing wrong with them.
In fact, Iāve loved their Creator Network and how itās enabled me to scale up my list through recommendations from other creators on ConvertKit.
But a month or two ago I started noticing that the new subscribers I was getting from their Creator Network are not really the same quality that they used to be.
Iām talking more unsubscribes and more just flat out not opening their emails.
And I donāt wanna be constantly cleaning my list to remove these low quality subs.
So, I decided to move to Beehiiv which I already use for my local newsletter and a niche newsletter that Iāve got.
Butā¦Iām also still keeping a small number of people on ConvertKit to see if anything changes with the subs coming from their Creator Network.
And sure, ConvertKit has that new newsletter pricing thatās free for 10,000 subs. I got that offer over a month ago before it launched publicly.
I passed on it though cause ConvertKit gets to control a paid recommendation spot on that plan - and THEY keep all the money from it.
Fuck that.
So, Iām all in on Beehiiv for the most part.
I love their Boosts opportunities and their Ads opportunities. Makes it an easy decision.
Honestly, my only complaint is that their support is a bit slow compared to ConvertKit. You even have to be on a more expensive plan to get priority support.
That blows.
But, Iām hoping that it will get sorted in the near future since they just raised loads of funding.
Try it out for yourself. Itās free for up to 2,500 subscribers.
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I made a typo in my last email, which you may have noticed. Itās actually today that marks week #6 of doing a local newsletter on Beehiiv.
I recently made a new ad for my Facebook leads campaign as one of them was inching too close to $1.00 per sub. If youāre in my private forum, then you can see the actual new ad creative (and my total expenses so far).
After just a couple of days, itās around $0.81 per lead and should fall a bit more. So, Iāve paused the old ad that was almost a dollar in favor of this one.
Now Iām back to just two ads running.
In terms of monetization, Iāve found a relevant enough newsletter in Beehiiv Boosts that I started recommending both in the newsletter and to new subscribers.
It only pays $0.80 per converted subscriber, but itās something. And Iām already up to $1.60 š„“
Meanwhile, Iāve been using SparkLoop with this newsletter on ConvertKit and earning a whopping $0.00 in two months time.
Anywaysā¦still no bites on the cold emailing to local businesses. I listened to a podcast that said you need at least 5K subs before selling ad space will work, so weāll see what happens.
Reminder: I'm writing updates about my local newsletter on Twitter here and doing a more detailed case study in my private forum.
Next Timeā¦
Weāll talk about how things are going with my Facebook and Pinterest alternative traffic streams project.
Got some exciting milestones there.
Also, doing ecommerce sites with Shopify and Printful - either as standalone sites or as niche sites that are front-facing as ecommerce sites.
Stay awesome,
Shawna
P.S. A reader got a KILLER $1/mo offer after completing the Post Planner free trial. Give it a try if you're building up a Facebook page. The longer I use it, the more I love it.
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