Substack VS Midnight Lizard

• 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.

• Customizable Color Schemes
  Midnight Lizard allows users to customize color themes for websites, providing flexibility to adjust brightness, contrast, and hues according to personal preferences.
• Improved Readability
  The extension enhances text visibility by optimizing colors, making it easier to read content, especially in low-light environments.
• Cross-Platform Compatibility
  It is available on multiple web browsers, including Chrome and Firefox, ensuring users can maintain consistent themes across different platforms.
• User-Friendly Interface
  Midnight Lizard has an intuitive interface that makes it easy to apply, modify, and save various color schemes.
• Enhanced Accessibility
  By enabling tailored color adjustments, the extension aids users with vision impairments or light sensitivities in comfortably browsing web pages.

Possible disadvantages

• Performance Impact
  Using the extension might lead to increased CPU or memory usage, especially with heavily customized themes, potentially slowing down browser performance.
• Site Compatibility Issues
  Some websites may not display correctly or may have elements that are difficult to view with certain customized color schemes applied.
• Learning Curve
  New users might need time to understand the full range of customization options and the best settings for their needs.
• Extension Conflicts
  Midnight Lizard might conflict with other browser extensions that alter webpage appearances, leading to unexpected results.

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

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Tracking Midnight Lizard since Mar 2021.