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Latest / The Newsletter Podcast with Fexingo: Substack, Beehiiv, and Email Newsletter Business

The Newsletter Growth Engine You Are Probably Overlooking

In this episode of The Newsletter Podcast with Fexingo, Lucas and Luna explore why most newsletter creators obsess over landing pages and welcome sequences but ignore the single most powerful growth lever: the share-forward rate. Drawing on data from Beehiiv's 2025 newsletter benchmarks, they break down how a ten percent improvement in forward-to-open ratio can compound to fifty percent more subscribers in six months. They discuss why referral programs often fail and what actually works, from the subtle art of the 'send to a friend' prompt to the surprising impact of…

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