Newsletter Ad Sales Platform
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ConvertKit launched a platform to handle ad sales for newsletter writers, taking on the burden of selling and managing ads while giving creators 85% of the revenue.
Key Points:
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Core Service:
- Ad sales team sells sponsorships for newsletter creators
- Platform handles all ad operations and management
- Writers focus on content while platform handles monetization
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Revenue Structure:
- Platform takes 15% commission on ad sales
- Newsletter creator receives 85% of ad revenue
- No upfront costs for creators
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Value Proposition:
- Removes burden of ad sales from creators
- Professional ad sales team with dedicated focus
- More efficient than creators trying to sell ads themselves
- Handles operational aspects of ad management
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Market Need:
- Newsletter creators often struggle with ad sales
- Many creators are not good at or don't enjoy selling ads
- Writers prefer focusing on content creation
- Ad sales requires different skillset than content creation
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Advantage Over Self-Managed:
- Eliminates need to hire internal sales team
- No overhead costs for creators
- Only pay when ads are sold
- Professional sales team with focused expertise
37:35 - 39:53
Full video: 58:48SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.