Substack VS Things

• 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.

• User Experience
  Things is known for its clean, intuitive, and beautifully designed user interface, making it easy to use.
• Integration with Apple Ecosystem
  Seamlessly integrates with macOS and iOS devices, offering features like Handoff and deep Apple Calendar integration.
• Powerful Task Management
  Supports projects, areas, headings, and tags, providing a robust system for managing complex tasks and workflows.
• Quick Entry
  Provides a quick entry function allowing users to capture tasks efficiently, which can later be categorized and detailed.
• Updates and Support
  Regularly updated with new features and enhancements, backed by reliable customer support.
• Keyboard Shortcuts
  Offers extensive keyboard shortcuts for power users to navigate and manage tasks quickly.
• Natural Language Processing
  Allows users to input tasks using natural language, which is then intelligently parsed and scheduled.

Possible disadvantages

• Cost
  Things requires a one-time purchase for each platform (macOS, iOS), making it relatively expensive compared to some subscription-based competitors.
• Platform Limitation
  Only available on Apple devices (macOS and iOS), making it inaccessible for users on Windows, Android, or other platforms.
• No Collaboration Features
  Lacks built-in collaboration tools, which can be a drawback for teams looking to share and manage tasks collectively.
• Learning Curve for Advanced Features
  While the basic interface is user-friendly, fully utilizing advanced features can require time and a deeper understanding.
• Limited Automation
  Offers fewer automation options and integrations compared to some competitors like Todoist or Microsoft To Do.

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

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