Influence Weekly is the weekly newsletter report the Influencer Marketing Industry reads ever Friday. The content is a mix of industry news, best practices, and actionable advice.
With over 6’000 passionate subscribers in a growing niche, founder Andrew Kamphey monetises his Mailchimp newsletter mainly via sponsorships and paid content.
GROWING A SUBSCRIBER BASE ON A LIMITED BUDGET
Andrew runs Influence Weekly as a profitable side project in a niche industry. Growing his audience means bigger sponsorship deals and more revenue - allowing him to spend more time creating great content.
But - in a niche industry with a low subscriber life-time value - ‘traditional’ growth channels like paid advertising were out of the question.
Andrew needed to find a way to grow the Influence Weekly subscriber base that…
✅ ... was cost effective
✅ ... was sustainable
✅ ... didn't hurt audience engagement
He turned to SparkLoop — after hearing about it in a newsletter creators group online.
I was always looking for a referral platform. Existing solutions didn't work for newsletters. SparkLoop came around and just made sense. It worked beautifully and I didn't have to build it myself.
REWARDING THE EXISTING AUDIENCE FOR REFERRING NEW SUBSCRIBERS
Inside of 10 minutes, SparkLoop was connected to the Influence Weekly Mailchimp account and homepage.
Next, Andrew just needed to come up with some rewards that would…
✅ ... be quick to create
✅ ... incentivise his audience to share often
✅ ... be affordable to deliver
After chatting with SparkLoop cofounder, Manuel, about what was working best for other newsletters, Andrew went for multiple rewards. Including repurposing an existing lead magnet, free trial membership to a paid version of the newsletter, and a ‘shoutout’ in the newsletter.
Easy, quick and affordable to set up.
Finally, Andrew used SparkLoop’s Mailchimp templates to introduce his new referral campaign to his subscribers in welcome emails and the weekly newsletter.
I can iterate and test out different messages with ease. Knowing the technology works. I have created secret unpublished rewards. I've used the referral system in my outreach to readers now, to engage them even more.