Right around this time last year I started this Substack newsletter jasonleow.substack.com documenting my indie hacking journey.
One year of newsletters later:
Total 65 posts published.
Started as a monthly newsletter in Nov 2022.
Quickly switched to weekly in Dec 2022 – every time I post there’s a peak.
Slow but steady climb to 366 subscribers at the 1 year mark.
40% open rate.
1300 views / month.
1 pledge by @benparry with $96 pledged annualised revenue.
Email and Twitter are the top 2 sources of views. Surprised by Twitter as I assumed more would come from Substack, but come to think of it, it makes sense that views from Twitter is high due to my following (~9k) there.
But surprise surprise the main source of new subscribers are actually the 13 other publications recommending me. Together they brought 216 new subscribers - two thirds of my total followers!
Read read across 26 US states and 66 countries – USA (21%), India (12%), UK (6%), France (5%), Canada (4%). Surprised by India being the 2nd! But it is similar to the mix as my Twitter following, which is USA (27%), India (11%), UK (10%). I do interact with quite a few indie hackers from India but was surprised India is 2nd in place!
Highest open rate of 41% for this post about my very first business, which was surprising because I thought no one read it.
In summary:
Recommendation partnerships are a killer for gaining new subscribers. Best way to gain subscribers it seems (if subscription growth is what you’re after, not me).
Posting more often really helps with keeping the momentum going. Before Substack, I was on Revue and only posted monthly. I don’t recall the growth being this much.
What you think will not be popular is often wrong. We can’t predict what will do well.
I often think I’m just publishing to the void. But I’ve gotten email replies pretty often, especially from friends on Twitter. So people do read! Just many lurkers.
To be honest, I still have zero plans for monetization, and have no clue about how I can leverage this newsletter (or if I even want to). I write daily anyway, and will continue to keep writing daily. That means, the weekly newsletter will keep going… till I figure out a way to do something with it. Or not.
I’m in no hurry.
I’m just super glad for your support, for your readership, and for journeying alongside me.
Thank you.
Hello from a lurker! 👋
Hey Zane been a while! 👋