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What Are the Duties of a Content Strategist?

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What Are the Duties of a Content Strategist?

You’ve decided you want a career as a content strategist, and we’re here to help you reach your goal. A content strategist is a key player in determining the success of a brand’s content strategy, and it can be an exciting career path.

We discuss below the duties of a content strategist along with tips for becoming the most successful one you can be.

What Does a Content Strategist Do?

A content strategist brainstorms, plans, and executes the content strategy for a brand. This can be done either in a solo environment or with a content strategy team.

The material that’s crafted by content strategists for various social media platforms and other digital marketing efforts is designed with the objectives of the business in mind.

Understanding what content strategists do means we first need to understand content marketing.

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Content marketing is a useful type of marketing that involves creating content designed to build interest in a brand’s products or services without explicitly promoting them.

Content strategists are content marketing experts.

For example, a content marketing strategy for a social media coach could involve a series of blog posts about why it’s so important to post on social media.

content strategist

Now you can understand how a content marketing strategist engages in content marketing in the day-to-day execution of their job.

Content Strategist Job Description

Here is a sample content strategist job description:

The content strategist will develop a content strategy that meets key business objectives. They will reach the brand’s target audience through various marketing channels using their supreme content delivery skills.

The content strategist will use the organization’s content management system to oversee marketing campaigns across a variety of specific social media channels. In addition to content planning and content creation, content strategists will report on how their work met content strategy deliverables.

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A typical content strategist salary ranges from $40,000-$80,000 based on location, experience, and the type of company you’re working for.

Here are a few examples of roles for the job title “content strategist” that illustrate a varying salary range based on location throughout the United States:

content strategistcontent strategist

As you gain more experience and rise in seniority, you could become a senior content strategist or even advance into marketing leadership. It’s up to you where you want to take your career.

The Roles and Responsibilities of a Content Strategist

To add to the content strategist job description, we list the roles and responsibilities of a content strategist below.

The content strategist role varies on a day-to-day basis, but the overall tasks that need to be completed remain consistent. Content strategists will:

  • Facilitate content planning sessions across a variety of editorial calendars and marketing channels.
  • Perform a content audit of all existing content, evaluate its effectiveness, and update as necessary.
  • Conduct extensive keyword research to guide the direction of the brand’s content creation.
  • Pitch existing and prospective clients on their content creation ideas.
  • Build target audience profiles to create content for.
  • Understand the many ways future content can generate leads and be monetized.
  • Stay informed on social media trends and changes in consumer behavior.
  • Create content across various digital platforms and social media accounts.
  • Oversee a marketing team and delegate tasks for ongoing and upcoming projects.
  • Collaborate with other team members, like copywriters, UX/UI designers, editors, and more when creating online content.
  • Analyze its successful content strategy and report back on its performance. A working knowledge of SEO reporting tools is crucial.

Who Does a Content Strategist Report To?

The content strategist will typically report to a manager in the marketing department. This could include a marketing manager, the vice president of marketing, or the marketing director.

However, keep in mind that every company is structured differently.

For example, a large corporation will be structured differently than a small start-up.

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The content strategist role at a start-up might report directly to the CEO. Furthermore, a content strategist at a large corporation might report to the marketing manager.

Depending on how large the marketing team is, the content strategist might report to a more specialized person, like the digital content manager.

Understanding the marketing team structure of the company you want to apply for will help you understand where you fit in the organization.

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Types of Companies Content Strategists Work For

Because every type of company can benefit from having a content strategy team, there are a variety of companies a content strategist could work for.

A few types of companies a content strategist could work for include:

Large Corporations:

Major recognizable brands need content strategists to maintain their position in the market as thought leaders.

Marketing Agencies:

Marketing agencies provide a wide range of services, and content marketing is just one of those services. A content marketer will help marketing agencies create engaging content as part of overall content strategies for clients.

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Small Start-ups:

Content strategists are an important part of the business for small start-ups because they help attract new and existing customers.

Having content monetization skills can be especially important for start-ups as they run lean in the early days.

Content Agencies:

Content agencies are similar to marketing agencies. However, they provide a more niche service that’s specific to content marketing.

These types of agencies will need to hire teams of content strategists to serve their clients’ content marketing needs.

Freelance:

There is another option that’s entirely different from the employers we’ve discussed on this list. That alternative is freelancing.

A career as a freelancer means that you will be self-employed and responsible for obtaining your own clients, delivering the project, and billing the client.

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While there is potentially more money to be made as a freelancer, it does also come with more risk.

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What Skills Do You Need to Become a Content Strategist?

Becoming a successful content strategist requires a variety of soft skills and technical expertise. We break down the necessary skills in each category below.

Soft Skills

Here are a list of the soft skills you’ll need in your career as a content strategist:

Storytelling:

You will need to tell compelling stories to a variety of audiences as a content strategist. Whether it’s pitching ideas to clients or educating your audience, you will need to learn to relay information in an engaging way.

Creativity:

Ultimately, you’re creating content for your target audience to consume. This means that it needs to be engaging, exciting, and creative. Having creativity will help you put together the best content.

Communication:

As a content strategist, you are communicating every day. Whether it’s to your boss, other teams within the company, or your target audience, having top-notch communication skills will be very important.

Organization:

An aspiring content strategist needs to be very organized. They will be managing multiple campaigns simultaneously, so they need expert organizational skills to keep everything running smoothly.

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Technical Skills

Beyond the very important soft skills you’ll need, there are a variety of technical skills that you’ll also need in your career as a content strategist.

Here are a few of them:

Writing:

Strong technical writing skills are one of the most important hard skills you’ll need. Being able to write high-quality long-form content will be a key component of your job.

Search Engine Optimization:

SEO is another one of the most important technical skills you will need to have in your career. You’ll need to understand how to perform keyword research with SEO research software, along with how to seamlessly incorporate these keywords into the text as part of the content creation process.

Social Media Platforms:

Having an understanding of the posting style of each of the different social media platforms will be helpful to your success as a content strategist.

Your long-form content will be shared with your audience in the form of social media campaigns. If you’re able to lend your knowledge when creating these campaigns, you will be able to provide more value for your team.

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Monetization:

Part of the content strategist’s job is understanding how the content you’re creating can be monetized and earn your employer money.

Whether it’s incorporating banner ads or partnering with affiliates, you will need to be an expert in monetization methods for the content strategies you implement.

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Tips for Becoming a Content Strategist

You know the skills you need to develop and what the job description entails. Now it’s time to discuss tips for optimizing your career in content marketing. Read our top 5 tips for becoming a content strategist below.

Prioritize Your Education

You will need to have the knowledge if you want to earn a job as a content strategist. This means that prioritizing your education should be at the top of your list.

While this doesn’t necessarily mean you have to have a bachelor’s degree, some employers might require you to have one. For example, if you want to work at a large corporation or a major brand where you work your way up to a leadership position, they might require a bachelor’s degree for those types of roles.

Examples of bachelor’s degrees that you could obtain include marketing, journalism, public relations, or communications.

Gain Professional Experience

After you’ve obtained the education, you want to add professional experience to your resume.

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Professional experience can occur in many forms, including internships and paid positions. Learn from the other content strategists you’re working with as you contribute to content marketing campaigns.

Whether you’re working directly as a content strategist or something adjacent to this position, give it your best effort to learn as much as you can while also impressing your employer.

References from internships and entry-level jobs will be helpful to you in the future!

Start Networking

In addition to developing your skills, you’ll also want to start networking.

Networking with other professionals in the industry will be helpful for you when searching for jobs. Sometimes, jobs aren’t even posted on online job boards, and instead, companies ask for referrals from their existing employees.

Similarly, when employers are looking at a large stack of resumes, seeing a name they recognize makes the hiring process easier for them.

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Also, remember that you’re networking with people of all experience levels, not just people who are more advanced than you in your career. The person that you’re taking a course with could one day be promoted to the marketing manager you’re applying to work for.

All this to say, conduct yourself professionally and courteously when networking.

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Show Your Expertise Through Personal Projects

Even if you haven’t obtained that internship or first job yet, you can showcase your expertise through your personal projects.

Starting your own blog site, YouTube channel or newsletter will help you develop skills and gain hands-on experience.

Working on your own projects requires you to develop a content strategy, create content, and grow your audience.

How long does it take to make money from a blog? You will be able to answer this question for future employers based on firsthand knowledge.

You can then tell future employers about your expertise and the success of your marketing campaigns.

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Always Continue Learning

Even though education was already a priority for you on your path toward being a content strategist, learning will always be important for furthering your career.

Whether it’s taking online courses, reading books, or listening to podcasts, find the learning method that feels right for you.

Courses are a great way to further your education as a content marketer. Here are two great courses to get you started:

The Affiliate Lab

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The Affiliate Lab is an expert source on creating content optimized for SEO. This course contains more than 100 hours of training on how to conduct keyword research, select your niche, rank in search results, and more.

If you’re looking to improve the SEO rankings of your content, this course is for you. Niche Pursuits readers receive an exclusive discount of $200 off The Affiliate Lab course here.

Project 24

If you want to learn how to drive real results, Project 24 is the course for you. This will help teach you how to create the best possible content for a blog site or YouTube channel.

Its 27 online courses will teach you how to create and monetize content that’s been optimized for SEO.

The end goal of this course is to teach you how to generate passive income from your content marketing efforts. Check out our Income School Review to learn more about Project 24 and its founders.

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No matter which course you choose based on your goals, what’s important is that you’re expanding your knowledge base to create results-driven content.

Your Career as a Content Strategist

Whether you work for a fast-paced marketing agency or an exciting brand, your career in digital content creation is sure to be an exciting one. We wish you the best of luck in your career as a content strategist!



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Best Newsletter Niches in 2024

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Best Newsletter Niches in 2024

Table of Contents

When was the last time you eagerly awaited a newsletter? 

Chances are, it spoke directly to your interests, needs, and persona.

But as someone thinking about starting a newsletter, how do you create a newsletter that people will want to read? 

How do you find that special topic that ignites your audience’s passion and is still profitable?

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A newsletter that tries to be everything to everyone often resonates with no one. The key lies in finding your niche. Newsletters focusing on specific content have a 16% higher open rate and a 21% higher click-through rate than more generic ones.

And with the right platform, this becomes a lot easier. For example, beehiiv has a user-friendly interface and powerful tools to help you grow and engage your audience and eventually monetize your newsletter.

We’ll delve into the best newsletter niches for 2024, offering insights on selecting a niche that aligns with your interests and appeals to your target audience. 

We’ll also share tips on effectively using beehiiv to maximize your newsletter’s impact.

Benefits Of Targeting A Specific Audience

A report from Twilio in 2022 shows that 62% of people will stop caring about a brand if it doesn’t offer them something that feels personal.

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You’re likely to resonate with your audience by tailoring your content to a specific group. This relevance leads to higher engagement rates, as readers find the content more interesting and pertinent to their needs and interests.

The newsletter space today is a numbers game.

Imagine you have a newsletter focused on sustainable living and eco-friendly products. Your audience comprises environmentally conscious individuals actively seeking ways to reduce their carbon footprint. 

Suppose you decide to promote a new eco-friendly home cleaning product, either as an advertisement for another brand or as part of your own product line.

Since your audience is already interested in sustainability, the cleaning product aligns perfectly with their interests. This relevance makes them more likely to read about the product, engage with the content, and consider it seriously.

Apart from increased engagement, here are some other benefits of a specific niche newsletter.

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  • Authority and Expertise: When you consistently deliver content within a specific niche, you establish yourself as an authority. This expertise attracts new subscribers who are seeking credible information and advice.

  • Higher Quality Leads for Advertisers: If you want to monetize your newsletter through advertising, a niche audience is more attractive to certain advertisers. These advertisers often pay a premium for access to a highly engaged and targeted audience.

  • Long-term Subscriber Retention: Readers who subscribe to a newsletter that consistently provides value in their area of interest are more likely to remain loyal subscribers over the long term. This reduces churn and increases the lifetime value of each subscriber.

Step-By-Step Guide On Identifying A Perfect Newsletter Niche

Before we get to the best newsletter niche, we want to show you how to identify a niche for yourself.

Like building a niche site, finding the perfect niche for your newsletter is critical in establishing a successful and engaging publication.

The process involves a mix of self-reflection, market research, and strategic planning. Here’s a detailed step-by-step guide to help you identify your ideal newsletter niche.

Best Newsletter Niches in 2024

Now, before fully committing, test your concept. Start with a small group of subscribers and gather feedback. Be prepared to iterate based on what you learn. Key actions include:

  • Send out pilot editions and solicit feedback. At beehiiv, we have a Feedback Survey feature that lets you get feedback from your newsletter audience.

  • Be flexible and ready to adjust your niche or approach based on subscriber responses.

The Best Profitable Newsletter Niche Ideas

These choices are rooted in carefully analyzing market trends, audience engagement levels, and monetization opportunities. 

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We’ve also considered the evolving interests and behaviors of online audiences.

We also factored in the versatility of these niches to accommodate different content formats and monetization strategies, whether through sponsorships, product sales, or affiliate marketing.

1. Finance and Investing

According to a report by Research and Markets, the global financial services market size was valued at $23,328.73 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.4% from 2022 to 2030.

Best Newsletter Niches in 2024

Global financial market services market growth rate

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So, people are inherently interested in managing their finances and growing their wealth. This interest translates into a dedicated readership seeking expert advice and insights.

This niche also allows for diverse content formats, including market analysis, investment tips, personal finance advice, interviews with industry experts, and explanations of complex financial concepts. 

Such versatility keeps the content fresh and engaging and caters to a wide range of audience segments, from beginners to seasoned investors.

What are the monetization strategies for this niche?

  • Sponsorships from financial institutions

  • Affiliate marketing for financial tools and products

  • Premium subscription models for exclusive insights

2. Technology Newsletters

Technology impacts nearly every aspect of modern life, ensuring a consistently high interest and engagement among readers.

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People always want to understand the latest gadgets, software updates, or tech industry dynamics.

For example, Samsung will be releasing their flagship phones powered by AI this year, and many people are looking to get updated on the release and later reviews.

You can monetize these technology newsletters through various channels. This includes sponsorships from tech companies, affiliate marketing for gadgets and software, and paid subscriptions for in-depth analysis or exclusive content. 

According to a report by Campaign Monitor, the IT/Tech/Software industry has an average open rate of 22.7% and a click-through rate of 2.0%, so you’re sure to get a lot of viewership.

The Soulful Entrepreneur is a great example of a successful newsletter in the tech ecosystem made with beehiiv.

Best Newsletter Niches in 2024

3. Parenting Newsletters

Parenting is an evergreen and highly relatable topic, making parenting newsletters a lucrative niche. 

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The challenges and joys of parenting are universal yet constantly evolving with societal changes. 

Your newsletter can focus on offering solutions and advice for contemporary parenting issues, such as:

Collaborate with child psychologists, educators, and experienced parents to provide a well-rounded perspective on various parenting topics.

You can also offer premium content, such as in-depth guides, exclusive interviews, or early access to events, for subscribers who pay a fee.

As your newsletter grows, consider covering broader aspects of parenting, like education choices, nutritional advice, or developmental milestones for different age groups.

4. Health & Wellness Newsletters

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This should be higher on the list, right? Yes.

This niche allows exploration of various topics like dietary advice, exercise routines, mental health strategies, wellness trends, and holistic health approaches, catering to a wide range of reader interests.

For example, focusing on mental health within the health and wellness niche is timely and resonates deeply with current global trends.

There has been an increasing recognition of the importance of mental health, partly accelerated by the COVID-19 pandemic.

You can cover topics like managing stress and anxiety, mindfulness practices, tips for improving mental health, interviews with mental health professionals, and personal stories of overcoming mental challenges.

While the health and wellness niche offers immense potential, it’s important to approach it with certain caveats in mind:

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  • Responsibility and Accuracy: Given the sensitivity and importance of health-related information, ensure that your content is accurate, well-researched, and responsibly presented. Misinformation can have serious consequences, so always verify facts and, if possible, consult with health professionals.

  • Regulatory Compliance: Depending on the content, health newsletters may need to adhere to specific regulations or guidelines, such as those concerning medical advice or data privacy (HIPAA in the U.S., for example).

  • Sensitive Topics: Some health topics might be sensitive or trigger emotional responses. It’s important to handle such topics with empathy and discretion.

5. Conspiracy Theories & Alternative Beliefs

If you’re a person who likes to try things out of the ordinary, the niche of conspiracy theories and alternative beliefs is a unique and intriguing one. 

While this niche can be fascinating and engaging, it’s important to approach it responsibly.

Your newsletter can delve into various conspiracy theories, historical mysteries, and unexplained phenomena, attracting curious readers about such subjects.

But given the sensitive nature of conspiracy theories and alternative beliefs, approach these topics responsibly.

Avoid spreading misinformation and always aim to provide well-researched, balanced viewpoints. Don’t be extreme.

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Be mindful of the potential impact of your content on public opinion and individual beliefs. Distinguish between presenting alternative perspectives and endorsing unfounded claims.

Monetization opportunities for this niche include:

  • Sponsored content and affiliate marketing related to books, documentaries, or events focusing on alternative beliefs and historical mysteries.

  • Exclusive member-only content for subscribers who want in-depth analysis or early access to new theories or findings.

6. B2B (Business-to-Business) Newsletters

B2B newsletters are a specialized form of communication in the business world, targeting an audience of business professionals, decision-makers, and industry leaders. 

These newsletters share industry-specific information, insights, and thought leadership. 

They aim to foster a professional community, provide valuable content, and facilitate business growth and networking.

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An example is the Marketing Brew newsletter by Morning Brew. This newsletter targets marketing professionals, offering the latest news, trends, and strategies in the world of marketing, with a focus on providing actionable insights.

Best Newsletter Niches in 2024

In your B2B newsletter, you can delve deeply into market analysis, technological advancements, industry best practices, and leadership strategies.

Here, you provide value through expert insights and well-researched information.

Your newsletter can influence key business decisions. By providing high-quality content, you position yourself as a thought leader, and your newsletter becomes a go-to resource for industry professionals.

To monetize a B2B newsletter, use these strategies:

  • Partner with companies whose products or services align with your audience’s interests. You can offer to feature their content or ads in your newsletter.

  • Offer a tiered subscription model. A basic subscription could be free, while a premium subscription could offer exclusive content like in-depth reports, personalized analyses, or access to industry events and webinars.

  • Leverage your expertise and the authority built through your newsletter to offer consulting services.

  • Build relationships with other businesses in your field. You might co-create content, conduct joint webinars, or collaborate on research projects, which can be monetized.

7. AI Newsletters

Your AI newsletter can cater to this rising curiosity, providing insights and analyses on AI’s growth.

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The audience in this niche is broad and varied. It includes AI professionals working in the field, researchers exploring new frontiers in AI, students seeking knowledge and career opportunities, and tech enthusiasts fascinated by AI’s potential. 

Your content can be tailored to address the interests and informational needs of this diverse group.

To monetize, collaborate with companies that offer AI software, tools, and applications. By including affiliate links in your newsletter, you can earn commissions on sales made through these links. 

This strategy generates revenue and directly provides your readers access to valuable AI resources.

Also, given the interest in AI, many companies in this domain might be interested in sponsoring sections of your newsletter or placing ads. These could be companies selling AI products, providing AI services, or hosting AI-related events.

The key is to partner with brands that align with your audience’s interests.

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Success Stories of Niche Newsletters

By focusing on a particular area of interest, authors have managed to carve out unique spaces. 

Their achievements highlight how understanding and catering to a defined audience’s specific needs and interests can lead to impressive results in subscriber growth and revenue generation.

1. The Brink Newsletter

When Marcus Ramsey, an e-commerce SEO expert, decided to dive into the newsletter space at the start of 2023, he had his eyes set on the growing field of Artificial Intelligence (AI). 

In just over a month, The Brink got to over 14,000 subscribers. The newsletter offers a daily dose of AI news, exclusive stories from insiders, and a human touch that resonates with its readers. 

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It caters to a wide audience interested in AI, business, and technology, encapsulating complex topics into three-minute reads every morning. This format appeals to time-constrained professionals and anyone interested in AI advancements.

Marcus Ramsey’s journey is a good example for aspiring newsletter creators, particularly in niche markets like AI. 

His success illustrates how a well-thought-out content strategy, combined with effective use of social media and lead magnets, can result in rapid growth and a strong, engaged subscriber base.

Haroon Choudery is another example of someone putting their knowledge to good use. You can read more about his success story here.

2. Gen-Z Basketball Newsletter

Best Newsletter Niches in 2024

When Cole and Cody Hock, co-founders of Enjoy Basketball, teamed up with Kenny Beecham, a prominent basketball thought leader, to launch a newsletter, they were stepping into the unknown.

Taking this bold step, the Enjoy Basketball newsletter experienced rapid growth. It got over 45,000 subscribers just one year after its launch on beehiiv in 2022.

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They attribute the newsletter’s growth to its unique approach to basketball media. 

Rather than focusing on the negative aspects of sports culture, Enjoy Basketball highlights the positivity and joy of the game. This fresh perspective is particularly appealing to Millennials and Gen-Z audiences.

How do they monetize this newsletter? 

Cody and Cole have established valuable partnerships with brands like the NBA, Shopify, and NBCUniversal. 

These partnerships and their e-commerce venture selling basketball-themed apparel have created a robust revenue stream.

Frequently Asked Questions

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How Do I Identify Which Newsletter Niche Is Right for Me?

Consider your passions and expertise first. What topics do you find yourself constantly drawn to? What do you enjoy discussing or learning about? Next, research the market to see if there’s an audience interested in these topics. Look at online forums, social media groups, and existing newsletters to gauge interest and identify gaps your newsletter could fill. 

Finally, consider the monetization potential and whether you can consistently produce content in this niche. The right niche should align with your interests, have a dedicated audience, and offer potential for growth and monetization.

What Are the Key Factors in Determining the Profitability of a Newsletter Niche?

The success of a newsletter depends on its audience’s interest and spending power, whether it offers something unique, and whether it can make money through ads or subscriptions. Keeping content fresh and looking at what similar newsletters are doing also helps it do well.

How Can I Gauge the Audience Size and Engagement in My Chosen Niche?

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First, explore relevant groups, forums, and pages on platforms like Facebook, LinkedIn, Twitter, and Reddit. Look at the number of members and followers and the frequency and quality of interactions.

Then, use tools like Google Trends, SEMrush, or Ahrefs to research keywords related to your niche. High search volumes indicate a significant interest. 

Also, analyze existing newsletters in your niche. Check their subscriber counts (if available), social media following, and engagement levels on their posts. In addition, user-generated content sites like Quora or specialized forums give insights into how many people are asking questions or discussing topics related to your niche.

Build Your Niche Newsletter using beehiiv

If you’re inspired by the success stories of niche newsletters like The Brink and Enjoy Basketball and are ready to embark on your newsletter journey, you can use beehiiv to get started.

beehiiv’s platform is designed for simplicity and ease of use, ensuring that even beginners can get their newsletters up and running quickly.

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With beehiiv, you can access various monetization options like advertising, e-commerce integrations, and subscription models, making generating revenue from your content easier.

We also provide detailed analytics, helping you understand your audience better and make data-driven decisions to enhance engagement and growth.

Best Newsletter Niches in 2024

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Lazy Ways People Are Making More Passive Income

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Lazy Ways People Are Making More Passive Income

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In an era marked by innovation and unconventional career paths, individuals are discovering remarkably inventive methods to generate income with minimal effort. These ingenious “lazy” money-making strategies challenge traditional notions of work ethic and productivity, leveraging the power of automation, passive income streams, and strategic outsourcing.

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21 Ideas for Earning Money Through Social Media

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social media earning

Nowadays, having only one source of income is not enough. In my case, it can barely cover the monthly expenses and bills. 

So, I researched several ideas for earning money through social media. It’s a way for me to have extra earnings to buy groceries or add to my savings. If you’re like me and want to make extra money online, this guide will help you do that. 

1. Sponsored Posts

sponsored post
Image Credit: Shutterstock.

One way most influencers make money is by doing sponsored posts. Brands will contact you to make deals if you have a decent social media following. 

You can also do outreach, where you reach out to businesses and pitch the benefits of partnering with you. Once the deal is sealed, you’ll be paid to promote their products and services on your social accounts like Instagram, Facebook, TikTok, and even LinkedIn.

2. Affiliate Marketing

Affiliate MarketingAffiliate Marketing
Image Credit: Shutterstock.

Another way you can earn extra cash through social media is affiliate marketing. Affiliate marketing is where you can make a commission by promoting a product or service of a business using an affiliate link. 

The best examples of where you can do that are Clickbank, ShareASale, and Amazon. You can sign up or apply to their affiliate program, and once accepted, you can begin promoting their products on your social platforms or website. You’ll also have your own Amazon dashboard to monitor how many people click on your links and purchase through them. 

3. Selling Products Online

Man, home business, work from home, e-commerceMan, home business, work from home, e-commerce
Image Credit: Hananeko_Studio/Shutterstock.

Selling products online is among the best ways to make extra money. Though this sounds similar to affiliate marketing, there’s a difference. You need to have your own products to sell or have a supplier who can send the orders directly to your customers, which is called drop shipping. You’ll need a platform to sell, for which you can use your social media platforms.

4. Paid Online Communities

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Image Credit: Shutterstock.

Looking to boost your income? Consider creating a paid online community on social media. It’s a digital space where members pay to access exclusive content, discussions, and benefits.

These communities often provide specialized knowledge, tools, or interactions not found in free forums. Remember that building a good following and having a valuable offer is the key to success here. 

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5. Social Media Management

social media followingsocial media following
Image Credit: 13_Phunkod / SHutterstock.

One way to earn an additional income is through social media management. In this line of freelance work, you create and schedule social media content to grow and nurture audiences on various social media platforms. 

Most importantly, you must have an effective social media content strategy to organically grow your client’s accounts. If that sounds like you, you can create an account and apply to job sites like Upwork. 

6. Online Courses

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Image Credit: Dmytro Zinkevych/Shutterstock.

If you’re a teacher, YouTuber, writer, or someone who knows much about one specific topic, you can make online courses and sell them. Pick a topic you want to cover and ensure you’re good at that. 

Next, validate your ideas through research and audience surveys to make sure that’s what your audience wants. Once you finish that, pick your course platforms, like Teachable and Learndash. 

7. Create an E-Book 

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Image Credit: Shutterstock.

Another extra source of income you can do is create an e-book. Creating an e-book lets you share your knowledge, expertise, and life experience in a convenient digital format while earning extra income. 

It’s also hassle-free since you can self-publish your e-book on platforms like Amazon Kindle Direct Publishing and reach a wide audience. That said, you can always use your social media following to market the e-book. 

8. Print-On-Demand

print on demandprint on demand
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If you want to earn extra bucks and have good design skills, there’s no better way to leverage your social media account than a print-on-demand business. It’s where you design a product with your print-on-demand partner, and they will print and ship the goods to your customers on your behalf. 

Some of the most popular print-on-demand partners you can collaborate with are Printify and Printful. There’s no set-up cost or membership fee for these two, and they will only charge you for manufacturing and shipping once an order is placed. 

9. Photography

man taking a photo with professional cameraman taking a photo with professional camera
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You can earn extra income by doing photography gigs through social media. All you need to do is showcase your photography skills on social media platforms and ensure all your shots are taken well. 

Platforms like Facebook and Instagram are good places to find clients who need photographers for their businesses or personal shoots. As a result, you’ll turn your passion for photography into a profitable side hustle. 

10. Subscription Services

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Earn extra income by offering subscription services through social media. Just create valuable content or products that people are willing to pay for. Whether it’s exclusive access to premium content, personalized services, or products, you can make easy money by promoting them on social media. 

However, this only works if you already have established followers. If not, work on growing your audience first. By giving your subscribers something valuable regularly, you can turn what you love or are good at into a steady source of income.

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11. Crowdfunding

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If you need money for a brilliant business idea but have no capital money at hand, you can generate money through crowdfunding. Simply share your project or idea online, be genuine, and ask for their support.

Start a GoFundMe or use Kickstarter to start your journey. Afterward, share them on social platforms like Facebook and Instagram to raise awareness about the funding. 

12. Sponsored Reviews

influencerinfluencer
Image Credit: Shutterstock / Diego Cervo

Another way you can make legitimate money online is to do sponsored reviews. Don’t mistake this as similar to sponsored posts; this isn’t. In sponsored reviews, you’ll get paid to write a lengthy review for a product or service of a business. Meanwhile, in sponsored posts, you’ll only do a little extra work of endorsing or posting an item.

13. Digital Coaching or Consulting

Shutterstock 1738498550Shutterstock 1738498550
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One of the ways to make extra cash is through digital coaching or consulting. Though this might sound simple, it has depth, so you must have the experience to do any of those two. 

For example, if you have expertise in fitness, you could provide tailored workout plans and nutrition guidance via video calls or email consultations. Or, if you excel in career coaching, you could offer resume reviews and interview strategies to assist people get much better employment opportunities. Use social media to tell people about your services and connect with potential clients.

14. Copywriting Services

Young Multiethnic Developer Working on a Laptop Computer in Creative Office Environment. Beautiful Diverse Latin Female Project Manager is Developing Data and Scheduling a Project.Young Multiethnic Developer Working on a Laptop Computer in Creative Office Environment. Beautiful Diverse Latin Female Project Manager is Developing Data and Scheduling a Project.
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Another way of making a quick buck is to offer copywriting services. With your talent in writing, you get paid to work with brands, advertisers, marketing agencies, or sole business owners and earn additional income. Market your offerings well on social media and job sites like Upwork to attract potential clients willing to pay for your freelance writing services. 

15. Video Production

Unrecognizable guy editing astronaut videoUnrecognizable guy editing astronaut video
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Video production is another way to make more money via social media. Businesses and YouTubers often hire freelancers to do video production or video editing for them for a good amount of money. For instance, a video editor I know makes hundreds of dollars per video submitted. 

16. Graphic Design Services

Graphic designer creating logo on computerGraphic designer creating logo on computer
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If you have a good eye for design and details, offering graphic design services is among the best ways to make additional money. Your job here includes anything from making logos, typography, infographics, or packaging design. Use your social media to post your work and attract new clients.

17. Virtual Assistant Services

Virtual AssistantVirtual Assistant
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Offering virtual assistant services is one way to start making money online. It’s similar to offering social media and copywriting services but with a broader scope of work. Your job here is not restricted to blog posting, scheduling appointments, managing email accounts, and making travel arrangements. 

18. Webinar Hosting

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Web hosting is another way you can earn money from home. You can make money from this by hosting webinars for specific topics you’re an expert in. 

Use your social media to make your followers aware of your webinar, set an admission price, and add as much value as you can on the topic of your choosing. 

19. Niche Blogging

What Skills Do I Need To Become a BloggerWhat Skills Do I Need To Become a Blogger
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If you love blogging, there’s no better way to monetize than niche blogging. You pick a particular topic to write on and publish posts in that niche. 

For instance, if you love traveling, you can pick a travel niche and write only about traveling topics. Share your posts on various social platforms to attract more audience. Once your blog gains traction and your social media account grows, you can earn money from ads and sponsored posts and offer your expertise to help other bloggers. 

20. Podcast

Podcast SetupPodcast Setup
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If you love talking, monetizing a podcast is another way to make money online. Pick your niche or topic, choose a catchy name, and buy recording equipment and software. 

Once everything is ready, you can start recording and editing your podcast. After that, focus on building trust with your audience by regularly uploading valuable, high-quality content that resonates with your audience. 

When your podcast gains a good audience and your social media platforms start to grow, you can start doing sponsored posts and ads, or put affiliate codes or links to your podcast. 

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21. Sponsored Livestream

Influencer live recording social media vloggingInfluencer live recording social media vlogging
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If you enjoy live interactions, hosting sponsored livestreams is a great way to earn money online. Start by picking a subject or theme for your live stream, ensuring it aligns with your interests and expertise.

Next, gather the equipment and streaming software, ensuring good audio and video quality. Once prepared, engage with your audience in real-time by delivering valuable content and fostering meaningful conversations.

As your livestream gains traction and viewership, consider collaborating with brands for sponsored posts and ads during your streams. Alternatively, incorporate affiliate codes or links into your content to monetize your efforts further.

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