louisswiss
Joined 11 years ago
Joined 11 years ago
To be fair, this isn't a very apt analogy.
A better one would be to liken Apple to a smart fridge...
- Is it ok for Apple to say "only products bought through our smart fridge's grocery app can be stored in this fridge" ? --> probably not
- Is it ok for Apple to take a cut when the consumer purchases through the smart fridge's app directly? --> IMO clearly yes
- Should Apple be required to warn you that it'd be cheaper to buy the same brand of milk from a grocery store 10min walk away? --> IMO clearly no
For a newsletter at least, this definitely isn't true.
For context, I'm the cofounder of SparkLoop — a referral platform specifically for newsletters.
We see thousands of newsletters growing 5-50% monthly with referrals (and more if they do other marketing stuff).
Except this doesn't work for Substack users, because Substack doesn't support tools like ours.
The problem isn't that "you can't grow a newsletter without Twitter" — it's that "you can't grow a Substack without Twitter".
Just choose a better email platform and the problem disappears.
character = trust / competence
The whole point is that it doesn't mean "regular person test'...
It means "person who isn't the target customer and who probably cares about you too much to give unbiased feedback" test.
FWIW this is completely incorrect. Over the past 2 years other marketing channels have skyrocketed in cost (eg FB ads) and most brands/companies are now investing heavily into email marketing. It's a significant growth industry right now, more so than at any time since I've been involved with email marketing (since ~2010).
In an unending game of the prisoner's dilemma, either you all win or you all lose.
I was in a similar situation to you ~10 years ago and had to learn sales the hard way.
The podcast is my attempt to make it easier for others to avoid all the mistakes I made when learning sales.
I run a bootstrapped product called [SparkLoop](https://sparkloop.app) which makes it easy for creators to add a referral program to their newsletter, and by far the biggest (and most annoying) time investment we hear newsletter creators complaining about is marketing, not content creation.
For most newsletter creators, marketing takes as much (if not more) time as content creation does!
By Ronald Wright.
Previously Gymhopper (acquired '17) and PostPerk (acquired '21)
Info //at// louisnicholls dotcom