Hey, Grow Newsie reader!
If you're reading this, you've probably hit that exciting milestone where monetization is on your mind. You've built an engaged audience, and now it's time to turn those opens and clicks into revenue.
Today, I'm breaking down exactly how to find newsletter sponsors, craft irresistible pitches, and close high-paying deals—even if you're just starting out.
Before we dive into the "how," let's talk about the "why."
Newsletter sponsorships deliver an average ROI of $36 for every $1 spent for advertisers. This makes your newsletter one of the most sought-after advertising channels—more intimate than social media, more targeted than display ads, and with inbox real estate that money can't buy elsewhere.
For you as a creator, sponsorships mean:
Predictable recurring revenue (when you nail those ongoing partnerships)
Freedom to keep content free for your readers
Validation of your hard work building an audience
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Step 1: Get Sponsor-Ready (The Foundation)
Before you start pitching, make sure you have these basics locked down:
Minimum Viable Metrics
While there's no magic number, most sponsors look for:
At least 1,000-2,000 subscribers (smaller if you're in a niche industry)
30%+ open rate (industry average is 21-25%)
2-5% click-through rate on links
Pro tip: Even if your numbers are smaller, a highly engaged niche audience can be MORE valuable than a large, disengaged list.
What Sponsors Actually Want to See
Audience demographics - Age, location, job titles, income level
Engagement metrics - Opens, clicks, replies
Content quality - Professional design and consistent publishing schedule
Audience psychographics - Interests, pain points, buying behavior
Action item: Create a simple one-page media kit with these stats. Use Canva templates to make it visually appealing.
Step 2: Find the Right Sponsors (Quality Over Quantity)
Here's where most creators waste time. They spray and pray, pitching anyone with a marketing budget. Don't do that.
Strategy #1: Reverse Engineer Success
Look at newsletters similar to yours. Who's sponsoring them?
How to do this:
Subscribe to 5-10 competitors in your niche
Screenshot every sponsor over 2-3 months
Build a spreadsheet with: Company name, what they offer, frequency of ads
Prioritize brands that advertise consistently (they have budget and they convert)
Strategy #2: Use Sponsor Marketplaces
These platforms connect creators with advertisers:
Paved - Great for programmatic ads and direct bookings
Who Sponsors Stuff - Massive database of newsletter sponsors
Lettergrowth - Growing marketplace for newsletter creators
Passionfroot - Discovery feature that matches you with relevant brands
Strategy #3: LinkedIn Intelligence
Search for "Director of Marketing" or "Growth Marketing Manager" at companies that:
Serve your audience's industry
Have launched recently (they're aggressive about awareness)
Are venture-backed (they have marketing budgets)
Strategy #4: The Products You Actually Use
The easiest sell? Tools and products you're already recommending organically. Make a list of every product you've mentioned positively in past issues—then pitch them.
Step 3: Decide Your Sponsorship Format
Not all sponsorships are created equal. Here are your options:
Classified Ads ($50-$250)
1-2 sentences with one link
Multiple sponsors per issue
Easy to fill, lower revenue per slot
Sponsored Shoutouts ($250-$2,000)
3-5 paragraph featured placement
Usually one per issue
Mid-funnel awareness play for sponsors
Dedicated Emails ($1,000-$10,000+)
Entire email focused on one sponsor
Premium pricing but use sparingly
Can alienate audience if overused
Exclusive Sponsorships ($500-$5,000)
"This newsletter is brought to you by [Brand]"
Clean, premium positioning
Best for brand-aligned partners
My recommendation: Start with 1 sponsored shoutout + 2-3 classified ads per issue. This balances revenue with reader experience.
Step 4: Pricing Your Sponsorships
Here's the formula most successful newsletters use:
CPM Model (Cost Per Thousand)
Calculation: (Subscribers × Open Rate × CPM Rate) = Your Price
Typical CPM Rates:
Highly targeted B2B niche: $30-$100
General interest/lifestyle: $15-$40
Less targeted audiences: $10-$20
Example:
5,000 subscribers
40% open rate (2,000 opens)
$50 CPM
Price = $100 per sponsored placement
Flat Rate Model
Charge a fixed amount regardless of list size. This works well when:
You're just starting (easier to test and adjust)
You have strong engagement metrics
Your audience is highly qualified
Starter pricing guide:
1,000-2,500 subscribers: $100-$250
2,500-5,000 subscribers: $250-$500
5,000-10,000 subscribers: $500-$1,500
10,000-25,000 subscribers: $1,500-$3,500
Step 5: Craft Your Pitch Email (That Actually Gets Replies)
Most sponsorship pitches fail because they're too long, too generic, or too focused on YOU instead of THEM.
The Perfect Pitch Structure:
Subject Line: Keep it conversational and personalized:
"Quick question about [their recent campaign]"
"Partnership idea for [Their Brand] + [Your Newsletter Name]"
"Saw your ad in [Competitor Newsletter]"
Opening (2-3 sentences): Show you've done your homework. Reference their recent campaign, product launch, or funding announcement.
The Hook (2 sentences): State what you do and WHO reads your newsletter in concrete terms:
"I run [Newsletter Name], a weekly newsletter read by 5,000 B2B SaaS marketers"
"Our readers are decision-makers at companies with 50-500 employees"
The Social Proof (1-2 sentences):
"Our last sponsorship drove 47 clicks and 12 demo bookings for [Similar Company]"
"We're sponsored by [Well-Known Brand] and [Another Brand]"
The Ask (1 sentence):
"Would you be open to a quick 15-min call to discuss a partnership?"
"Can I send over our one-page media kit?"
Keep it under 150 words total.
Step 6: The Follow-Up Game (Where Money Is Made)
Here's a truth bomb: 80% of deals happen after the 5th touchpoint.
Follow-Up Cadence:
Day 0: Initial pitch
Day 3: Bump with additional value ("Forgot to mention our July issue is sponsored by [Big Brand]")
Day 7: Share a recent successful sponsorship case study
Day 14: "Just following up—any interest in chatting?"
Day 30: "No worries if timing isn't right. I'll reach back out in Q[next quarter]"
Pro tip: Automate this with a CRM like HubSpot (free tier) or even a simple Google Sheets + Gmail follow-up system.
Step 7: Close the Deal & Deliver Results
Once they're interested, here's how to seal it:
Send Your Media Kit Immediately
Include:
Newsletter overview & mission
Subscriber count & demographics
Open rates & click-through rates
Ad format options & pricing
2-3 examples of past sponsorships
Next available dates
Negotiate Smart
Offer package deals: "3 issues for the price of 2.5"
Lock in quarterly commitments for guaranteed revenue
Upsell cross-promotion: Website banner, social shoutouts, etc.
Set Clear Expectations
Create a simple sponsorship agreement covering:
Number of placements & dates
Ad format & character limits
Creative submission deadline (72 hours before send)
Payment terms (50% upfront, 50% after delivery is common)
Tracking links & reporting details
Deliver a Killer Experience
Send ads at the exact time promised
Provide a detailed performance report within 48 hours
Include: sends, opens, clicks, CTR
Ask for feedback & testimonials
The magic question: "What would make this partnership a no-brainer to continue?"
Step 8: Turn One-Time Sponsors into Recurring Revenue
The real money is in repeat business. Here's how to keep sponsors coming back:
Overdeliver on the first campaign - Exceed their expectations from day one
Suggest optimizations - "Your CTA could convert 2x better with this tweak"
Share audience feedback - Forward positive replies about their product
Offer exclusivity - "You're currently our only [category] sponsor—want to keep it that way?"
Proactive outreach - Don't wait for them to reach out; suggest the next campaign
Quick-Start Action Plan
Ready to land your first sponsor? Here's your 7-day roadmap:
Day 1: Audit your newsletter stats & create your media kit
Day 2: Research 20 potential sponsors using the strategies above
Day 3: Write your pitch email template
Day 4-5: Send 10 personalized pitches Day 6: Set up your follow-up system
Day 7: List your newsletter on Paved or Lettergrowth
Common Mistakes to Avoid
❌ Pitching before you're ready - Fix your open rates first
❌ Charging too little - You devalue your platform
❌ Too many ads - Keep it under 20% of your content
❌ Generic pitches - Personalization is everything
❌ No media kit - You look unprofessional
❌ Ignoring performance - Track and optimize every campaign
The Bottom Line
Finding newsletter sponsors isn't rocket science, but it does require:
A solid foundation (engaged audience + clean metrics)
Strategic outreach (right sponsors, right message)
Professional execution (deliver results, ask for repeats)
Your newsletter is a valuable asset. Brands pay billions for access to engaged audiences—and you've built one organically.
Now go claim your share.
Keep growing!
With love,
Nikhil
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