Substack VS DrawKit

• 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.

• High-Quality Illustrations
  The platform offers high-quality, professionally designed illustrations that can enhance the visual appeal of any project.
• Variety and Diversity
  DrawKit provides a wide range of illustration styles and categories, making it versatile for different types of projects and use cases.
• Cost-effective
  DrawKit offers affordable pricing options including free illustrations, which can be a budget-friendly choice for startups and small businesses.
• Ease of Customization
  Many illustrations are designed to be easily customizable, allowing users to tailor them to their specific needs without extensive design skills.
• Consistent Updates
  The platform regularly updates its library with new illustrations, ensuring users have access to fresh and trendy designs.

Possible disadvantages

• Limited Free Options
  While there are free illustrations available, the selection can be limited compared to the premium options, which might not meet all user needs.
• Subscription Costs
  Access to the full range of premium illustrations requires a subscription, which could be a recurring cost for users.
• Niche Focus
  The platform's focus on illustrations means it might not meet other graphic design needs such as icons or UI elements.
• Dependency on External Tools
  Customization usually requires additional software like Adobe Illustrator or similar vector editing tools, which may not be user-friendly for everyone.
• Overuse Risk
  Popular illustrations from DrawKit might be widely used across various platforms, reducing the uniqueness of a project if many others are using the same assets.

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

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