4.5 min read
Matt Gray

8 Simple Steps To Grow Your Newsletter To 50,000 Subscribers

How To Make An Extra $20k Per Month In Just 90 Days

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  • The 2 Key Components You Need To Make An Extra $20k Per Month
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  • My Step-By-Step Method For Adding THOUSANDS Of New Followers Each Month
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Now, let's get back to my Email List Growth System.

#1 - Launch Your Newsletter With Beehiiv

Choosing the right platform is crucial to the success of your newsletter.

Beehiiv is a powerful and user-friendly platform designed to help you create visually stunning newsletters and grow your subscriber base quickly.  

With its intuitive interface, you can easily design, schedule, and analyze your newsletter campaigns.  

Moreover, Beehiiv offers advanced features like automation, segmentation, and analytics to optimize your newsletter's performance and gain valuable insights into your subscribers' behavior.

#2 - Craft Irresistible Lead Magnets

A lead magnet is an essential tool to attract new subscribers.  

The key to creating a successful lead magnet is to identify a problem your target audience faces and offer a solution in the form of valuable content.  

Here are some tips for crafting the perfect lead magnet:

  • Identify your target audience's pain points and create content that addresses them
  • Choose a format that's easily consumable and actionable, such as a checklist, cheat sheet, or template
  • Make your lead magnet visually appealing with professional design and branding
  • Clearly communicate the value of your lead magnet in your promotional copy, highlighting the benefits and transformation it offers
  • Test different lead magnets to see which resonates best with your audience and brings the highest conversion rate

Remember, your lead magnet not only helps you grow your subscriber list but also establishes your credibility and expertise in your niche.

#3 - Master The Art Of Social Media Promotion

Promoting your newsletter on social media is an effective way to reach a wider audience and convert followers into subscribers.  

Here's how to make the most of your social media promotion:

  • Promote your newsletter directly on your profile
  • Share snippets of your newsletter content to pique interest and showcase the value you offer
  • Leverage Hypefury to automatically promote your newsletter when you tweet
  • Leverage social media stories and live streams to give your followers a behind-the-scenes look at your newsletter creation process
  • Encourage your subscribers to share your newsletter on their social media profiles, amplifying your reach
  • Collaborate with influencers and thought leaders in your niche to boost your credibility and attract new subscribers

Remember, consistency is key.

Create a social media content calendar to ensure regular promotion and keep your newsletter top-of-mind for your followers.

#4 - Build A Powerful Referral Machine

A referral program is an effective way to encourage your existing subscribers to spread the word about your newsletter.  

By offering rewards for successful referrals, you turn your subscribers into brand ambassadors, accelerating your newsletter's growth organically.  

Here are some tips for creating a successful referral program:

  • Determine the rewards you'll offer for successful referrals, such as discounts, exclusive content, or access to premium resources
  • Create a simple referral process that's easy for your subscribers to share and track their progress
  • Regularly promote your referral program in your newsletter and on social media to keep it top-of-mind for your subscribers
  • Share success stories and testimonials from subscribers who have benefited from the referral program, building trust and social proof

#5 - Network & Cross-Promote

Collaborating with other creators in your niche can be a powerful way to expand your reach and attract new subscribers.  

By forming strategic partnerships, you can cross-promote each other's newsletters and tap into a new audience that's already interested in your niche.  

Here's how to make the most of cross-promotion:

  • Research and identify creators in your niche who share a similar target audience and complementary content
  • Reach out to them with a personalized message, explaining the benefits of cross-promotion and how it can be mutually beneficial
  • Establish clear guidelines and expectations for the partnership, including frequency, content, and promotional methods
  • Track the performance of your cross-promotion efforts and continuously optimize your strategy based on the results
  • Maintain an open line of communication with your partners and nurture these relationships to explore other collaboration opportunities in the future

#6 - Optimize For Beehiiv Recommendations

Beehiiv offers a unique feature called "Recommendations," where they connect subscribers with curated content based on their interests.  

By optimizing your newsletter for Beehiiv recommendations, you can tap into a targeted audience who are more likely to subscribe to your newsletter.  

Here's how to make the most of this feature:

  • Ensure that your newsletter content is relevant, engaging, and valuable to your target audience, increasing the likelihood of being featured in recommendations
  • Utilize Beehiiv's analytics to identify your most popular content and focus on creating more of it
  • Regularly update your newsletter description and category on Beehiiv to ensure it accurately reflects your content and appeals to your target audience
  • Encourage your subscribers to rate and review your newsletter on Beehiiv, as positive feedback can boost your chances of being featured in recommendations

#7 - Implement Email Automations

Email automations are an essential component of any successful email marketing strategy.  

Streamlining the process of nurturing and engaging with your subscribers, allowing you to deliver targeted, timely, and relevant content without constant manual intervention.  

Two critical email automations that you should implement ASAP are the welcome series and the abandoned cart series.

  1. A welcome series is a sequence of emails sent to new subscribers immediately after they sign up for your newsletter. A well-crafted welcome series establishes a connection with new subscribers, helping them feel valued and appreciated. It sets the tone for your future communications and lays the foundation for a long-lasting relationship with your audience
  2. An abandoned cart series targets subscribers who have added items to their shopping cart but left your website without completing their purchase. This automated sequence serves to remind customers of their abandoned items, offer assistance, and incentivize them to complete the transaction

#8 - Master Email Segmentation

Email segmentation is important for two reasons.

First, because it allows you keep your list "clean" and your sender reputation high.

No one wants to end up in spam.

One of the best ways to avoid this is by only emailing people who are engaging with your content.

Make sure to exclude people that haven't opened an email from you in 3-4 months to help keep your list clean.

You can put these subscribers in a re-engagement automation to try and reactive them without harming your sender score.

Another reason segmentation is important is that it allows you to deliver personalized content to your subscribers.

By segmenting your list, you can create tailored content that resonates with your subscribers and boosts your open rates, click-through rates, and engagement.

There you have it, my system for growing your newsletter to 50k subscribers.

I hope you find it helpful.

Take some time this week to implement what I've shared today, and then hit me up on Twitter with an update on your progress (feel free to share a screenshot on social media and tag me!).

And remember to secure your spot for my new training where I'll reveal how you can add an extra $20k in new monthly revenue.

>>> Click Here To Secure Your Spot

Let's win together 🥇

Matt

P.S. Whenever you're ready, there are 3 ways I can help you:

#1: I just launched a new YouTube Channel. I'm putting a ton of energy into creating heaps of valuable content that I think you'll like. Come check out my latest stuff, and give me a like and subscribe.  

#2: Promote your brand to over 50,657 subscribers by sponsoring this newsletter (booking into April 2023).

#3: Follow me on Twitter and LinkedIn for more operating systems, marketing tips, and community-building systems.

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Matt Gray

Founder & CEO of Founder OS

I’ve built 4 successful companies and a community of over 14 million people. My mission is to help 100,000,000 founders automate their business and hit $5,000,000 profit per year. I help you grow your personal brand and business in just 3 minutes a week.

Join 171,976+ founders and marketers getting actionable growth insights every week.

5 star

The proof is in the pudding. Matt’s approach has helped grow Herb to 14 million people and he has one of the fastest-growing personal brands I’ve ever seen.

Sahil Bloom

Investor | Entrepreneur | Creator

5 star

Matt’s advice is super on point because it’s practical. He’s gone through and done everything that he preaches. If you don’t want to spend hours digging up frameworks on content, growth, marketing, and general startup advice - talk to Matt, read his newsletter, or sign up for his course.

Luba

Founder, Zarta

5 star

Matt is an absolute beast when it comes to audience and community growth. He has one of the fastest growing brands online and is an incredible teacher. He goes above and beyond to help founders - you can tell he genuinely cares. Would highly recommend working with him.

Brett Adcock

Founder, Figure, Archer, Vettery