This was an eye opener. Thank you for sharing, Wes. It came at the right time too because I was considering what your client wrote to, and decided I'd rather keep my Substack free, but generate incentives for people to leave money and a takeaway they can implement.
It sounds very appealing to me because it's stressful to think of a way to monetize subscribers but easier to think of ways to monetize courses and lessons.
Hi Paul, thanks! The masterclass is recorded and delivered to everyone who joins, along with a “launch kit.” You also get access to our private community to ask questions and network.
I’ll be teaching the exact process I use to create and sell these classes / products inside the group.
I don't have a course or program *yet* but I'm working on it right now. Once I figured out what to do, and made the plans... Now it's just putting it together.
I 100% agree. I am always baffled by the fact that people aren't monetizing the free tier of their paid Substacks. In 2023 that's how I made the most money with my newsletter. I still have a paid tier because some stuff needs to be paid for. But, you better believer I'm monetizing every part of my newsletter.
My card isn’t working for it…
Is there no way for Nigerians to pay?
Hi Lara, I just double checked. I use Stan Store for selling the class. I just checked and it does say Nigeria should work fine.
Maybe try again in a few minutes. If it doesn’t work, comment again and I’ll message you directly.
Alright
This was an eye opener. Thank you for sharing, Wes. It came at the right time too because I was considering what your client wrote to, and decided I'd rather keep my Substack free, but generate incentives for people to leave money and a takeaway they can implement.
You’re welcome! Yes I think “free + digital products” is an effective strategy.
You can support people with free content until they’re ready for the next step.
It sounds very appealing to me because it's stressful to think of a way to monetize subscribers but easier to think of ways to monetize courses and lessons.
Wes, your thumbnails are always amazing!
Thank you! I just use the “generate” feature with Substack, it’s free for everyone.
Excellent ideas! Where do you host your master classes? Video? Animation? Sounds like a profitable project!
Hi Paul, thanks! The masterclass is recorded and delivered to everyone who joins, along with a “launch kit.” You also get access to our private community to ask questions and network.
I’ll be teaching the exact process I use to create and sell these classes / products inside the group.
Here’s a link if you’d like to join:
https://stan.store/wespearce/p/sixfigure-digital-product-masterclass?utm_source=substack&utm_medium=email
I don't have a course or program *yet* but I'm working on it right now. Once I figured out what to do, and made the plans... Now it's just putting it together.
I'm going to be launching a digital product on gumroad today. So fingers crossed, lets see what happens. I've got 57 subscribers
I 100% agree. I am always baffled by the fact that people aren't monetizing the free tier of their paid Substacks. In 2023 that's how I made the most money with my newsletter. I still have a paid tier because some stuff needs to be paid for. But, you better believer I'm monetizing every part of my newsletter.
Excellent read 👏