Louis Nicholls is the co-founder of SparkLoop, an email newsletter referral program where you can have each of your subscribers refer their friends to unlock cool rewards.SparkLoop is amazing. They’re growing really quickly in the audience-building space and ConvertKit actually gives away free SparkLoop accounts to all of our creative pro customers.In today’s show, Louis talks about how to increase your email list growth rate by more than 30% with a referral program. He also gives his (hot!) take on paid newsletters, discusses how best to monetize your audience, and so much more.Links & Resources
James Clear
Tim Ferriss
Brennan Dunn
Anne-Laure’s Ness Labs
Art of Newsletters 018: Anne-Laure Le Cunff – Building a Loyal Audience & Growing Your Newsletter
Louis Nicholls’ Links
SparkLoop’s Referral University
Personal site: LouisNicholls.com

Twitter: @louisnicholls_

Episode TranscriptLouis: [00:00:00] I think you should be creating content probably in other places. Most often people who get to a hundred subscribers and carry on, they get there relatively quickly because they’ve been being useful in other places. For example, on Twitter, in forums, you should focus less on getting more subscribers through the door and more on being useful and creating content. Nathan: [00:00:25] In today’s episode, I talked to Louis Nicholls from SparkLoop and SparkLoop is an email newsletter referral program where you can have each of your subscribers refer their friends to unlock cool rewards. So, for example, if you refer three friends to a newsletter, you could get access to the special content, 10 friends, you get a t-shirt 50 friends, you get something extra incredible.SparkLoop is amazing. They’re growing really quickly in the audience, in the audience building space and, ConvertKit’s actually an investor in SparkLoop and we give away SparkLoop accounts for free to all of our creative pro customers. So the article is so good. Talk about how to grow your email list by more than, or increase your email list growth rate by more than 30% with a referral program, as well as Louis’ take on paid newsletters, how best to monetize your audience and so much more.So let’s dive in.Louis, welcome to the show.Louis: [00:01:17] Nathan. Thanks for having me, excited to be here.Nathan: [00:01:19] All right, so let’s talk SparkLoop right at first. you’ve been in the newsletter industry for awhile. You’ve been watching this whole space, building lists of your own. What was the impetus for wanting to start SparkLoop?Louis: [00:01:32] Yeah, I’m kind of half from me, but also half from my co-founder Manuel. So Manuel had been running a, like a generic referral tool called referral hero for a couple of years. It was, or it still is pretty successful at a lot of clients, you know, larger fortune five hundreds as well as smaller ones. And that was in like the generic referral space.So mainly e-commerce SaaS and so on. And I was at that point where I just sold my last company was kind of looking around for things to do and keeping myself kind of engaged. So I was running a small newsletter, doing a small course teaching founders, how to do sales and doing kind of like that classic.I call it marketing consulting, but really just kind of helping other founders who reached out with some kind of like consulting gigs. And one of them ended up being a paid newsletter in like the flight steals space. And they, I think they probably, at that point seeing what morning brew was doing with their referral program and they were really eager to add one in.So they asked if I knew of anyone who could help do that. And I said, well, I’ve done referral programs before. And the software I’ve used is from my friend, Manuel, who runs her federal hero. So I thought, well, if anyone knows what tool to do or what, what tool to use, it’s going to be Manuel. So I’ll ask him, reach out to Manuel.And he says, well, you can kind of make referral hero, do this with a lot of work. there isn’t rea