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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.

Why Newsletter Sponsorships Are Pure Gold 💰

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

  1. Audience demographics - Age, location, job titles, income level

  2. Engagement metrics - Opens, clicks, replies

  3. Content quality - Professional design and consistent publishing schedule

  4. 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:

  1. Subscribe to 5-10 competitors in your niche

  2. Screenshot every sponsor over 2-3 months

  3. Build a spreadsheet with: Company name, what they offer, frequency of ads

  4. 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

  • 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:

  1. Overdeliver on the first campaign - Exceed their expectations from day one

  2. Suggest optimizations - "Your CTA could convert 2x better with this tweak"

  3. Share audience feedback - Forward positive replies about their product

  4. Offer exclusivity - "You're currently our only [category] sponsor—want to keep it that way?"

  5. 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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