6 builders who never spoke to each other
Put the paywall beside the free edition, not in front
Publishers who monetised an audience without losing it added a paid edition alongside the free one rather than locking what readers already relied on, timing the free issue to set up what the paid one answers. Leave the pages that earn commerce revenue outside any gate. The asset being built is a paying subscriber base rather than an audience, which is what an acquirer prices, and the paywall is the easy half: filling it is the half that decides whether it works.
The method
- 01
Run two editions a week, one free and one paid, and time them so the free one lands first and sets up what the paid one will answer.
- 02
Run a paid newsletter and still sell ads: put a sponsored slot in the free edition so you earn from the readers who never upgrade.
- 03
If you do add a paywall later, price additional material behind it and leave the existing weekly edition free, so nothing readers already rely on gets taken away.
- 04
Do not put content behind a membership before you know how you will fill it. Building the paywall is the easy half and promotion is the half that decides it.
- 05
Leave the pages that earn your commerce revenue outside any paywall or sign-in gate you introduce.
What it returned
- $20
Eric Lam publishes a free Sunday teaser and a Tuesday deep dive behind the paywall, priced at $20 a month or $99 a year. Over 500 readers converted, close to 10% of the free list, which works out near $50k of annual recurring revenue.
- $15
Michael Houck sends a free curated Tuesday edition carrying a sponsored tool slot and a paid Saturday advice edition at $15 a month or $150 a year. Houck's Newsletter went from 18,000 subscribers in March 2023 to over 70,000 six months later and neared $1M in total revenue including $250k ARR.
- $100
A membership plugin costing around $100 was installed, old posts were locked, the site was rebranded around premium content, and the new members only writing was read by almost nobody. The plugin was removed and everything went back to free.
Chenell Basilio was weighing a paywall only for content beyond the regular weekly deep dive.
Sources
- How 16 Companies are Dominating the World's Google Search Results (2024 Edition) - Detailed.comGlen Allsopp · detailed.com · Sign-In to Continue: A Recent Addition to Valnet Websites is A Free Variation on a Play by Cond√© Nast and Vox Media · 2023-03-07
- 20 Successful Blogs And Their Latest 2024 Revenue Numbers - Detailed.comGlen Allsopp · detailed.com · Investors Business Daily : $24M+ in Annual Revenue · 2022-01-23
- Friday Feature: Exploding IdeasEric Lam · sparkloop.app · #3 - Driving paid subscriptions with quality free content · undated
- Friday Feature: Growth In ReverseChenell Basilio · sparkloop.app · 🙋How Growth In Reverse does it · undated
- Friday Feature: Houck's NewsletterMichael Houck · sparkloop.app · #1 - Monetizing Free Subscribers to a Paid Newsletter · undated
- Friday Feature: Lookout MediaGeoff Sharpe · sparkloop.app · #2 - Value-first monetization · undated
- How to Make $2,000/Month with a Personal Development BlogLidiya K · failory.com · Having a membership site · undated
the second source
Three plays a week, for the phase you are in
No roundup of links, no news. Three tactics more than one builder arrived at separately, with the numbers each one returned and the disagreements left in.
More in pricing
- Make them pay before the thing exists8 unconnected · contested
- Decide whether a free tier earns its keep7 unconnected · contested
- Put a cheap rung below the expensive offer7 unconnected · contested
- Undercutting alone is not a position7 unconnected · contested
- Turn the service into a product with a public price7 unconnected
- Charge for the result, not the hours6 unconnected · contested