Substack VS Thursday

• 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.

• Exclusive experience
  Thursday is known for offering an exclusive and unique way for singles to meet people only on Thursdays, making it a special weekly event.
• High User Engagement
  By limiting interactions to one day a week, Thursday ensures high engagement and excitement from its users, which can lead to better matches and more active participation.
• Efficient Use of Time
  The once-a-week model can save users time by limiting how often they need to check the app and interact, making it appealing to busy professionals.
• Event-based Approach
  Thursday often organizes real-life dating events, offering users the opportunity to meet up in person, which can enhance the overall dating experience.
• Focused Userbase
  Users who sign up for Thursday are likely to be more serious about finding meaningful connections as they are dedicating specific time to the activity.

Possible disadvantages

• Limited Availability
  Since interactions are limited to Thursdays, users may miss opportunities to connect with potential matches during the rest of the week.
• Pressure to Perform
  The time-limited interaction might create pressure among users to make quick decisions or engage in conversations, potentially leading to rushed interactions.
• Reduced Flexibility
  Individuals who are not available on Thursdays will miss out on the opportunity to use the app, excluding those with conflicting schedules.
• Potential for Overcrowding
  Concentrating all activity on a single day might lead to the app being overcrowded or slow, and users may have to deal with a higher volume of messages in a short period.
• Dependence on Weekly Cycles
  Users have to wait for an entire week for the next opportunity to interact, which can be frustrating if immediate connection or continuation of a conversation is desired.

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

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  Also curious if you guys built thursday.social after analyzing a pain point & comparing existing solutions? Source: over 4 years ago