Substack VS Canva for Enterprise

• Ease of Use
  Substack offers a user-friendly interface that makes it easy for writers to publish and monetize their newsletters.
• Built-in Monetization
  Writers can easily charge readers for subscriptions, allowing for straightforward monetization.
• Direct Audience Connection
  Substack allows writers to build a direct relationship with their audience via email, which can lead to a more engaged readership.
• Discovery and Community
  Features like staff picks and recommendations help writers get discovered by new readers.
• No Upfront Costs
  Substack does not charge upfront fees; instead, it takes a percentage of subscription revenues, making it easier to start.
• Content Ownership
  Writers retain full ownership of their content, giving them more control over their work.

Possible disadvantages

• Revenue Share
  Substack takes a 10% cut of subscription revenues, which can add up for writers with a large subscriber base.
• Limited Customization
  The platform has limited customization options compared to building a custom website or using more flexible CMS options.
• Dependency on Platform
  Relying on Substack means depending on its policies and infrastructure, which could pose risks if the platform changes its terms or features.
• Competition
  As more writers join Substack, it can become challenging to stand out amidst the growing competition.
• Email Deliverability
  Writers may face issues with email deliverability, as some newsletters may end up in spam folders.
• Payment Processing Fees
  Besides Substack's fee, payment processors like Stripe also take a percentage, further reducing net earnings for writers.

• Brand Consistency
  Canva for Enterprise provides tools for maintaining brand consistency across all designs. This is achieved through brand kits, approved templates, and permissions settings, allowing the team to effectively adhere to brand guidelines.
• Collaboration
  The platform enables seamless collaboration among team members using features like real-time editing and commenting, which streamline the design process and help share feedback quickly.
• Template Access
  Canva for Enterprise offers a wide variety of customizable templates and a vast library of assets which empower teams to create professional designs easily and efficiently.
• Scalability
  Designed to support large organizations, Canva for Enterprise can scale effortlessly with the growth of a business, accommodating new users and increased storage needs.
• Comprehensive Support
  Enterprise customers benefit from premium support services, ensuring any issues are quickly addressed and facilitating smoother operations for organizations.

Possible disadvantages

• Pricing
  Canva for Enterprise tends to be more expensive than individual or smaller team plans, which might be a consideration for startups or smaller businesses with limited budgets.
• Learning Curve
  While Canva is known for its user-friendliness, the advanced features and functionalities in the Enterprise version may require some training for users who are accustomed to simpler tools.
• Limited Advanced Design Features
  Despite offering numerous design tools, Canva may lack some of the advanced features found in specialized professional design software, potentially limiting options for highly detailed or unique design needs.
• Dependence on Internet
  Since Canva is a cloud-based tool, a stable internet connection is necessary to access its features. This can be a disadvantage in locations with unreliable internet connectivity.

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Monetizing Podcasts and Newsletters - Chris Best of Substack and Jonathan Gill of Backtracks

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Tracking Canva for Enterprise since Mar 2021.