EmailOctopus vs Substack

Pricing

EmailOctopus: Free up to 2,500 subs, from $9/mo

Substack: Free, 10% of paid subs

Description

EmailOctopus: Simple, affordable email marketing

Substack: The OG paid newsletter platform

Pros

  • 1/3 the price of Mailchimp for comparable features
  • Free tier covers 2,500 subscribers and 10,000 emails a month
  • Simple interface that does not try to be a CRM
  • Built-in audience discovery
  • No upfront costs
  • Simple and focused

Cons

  • Automation is basic: no complex branching or conditional workflows
  • Email template library is small compared to Mailchimp or MailerLite
  • Free tier holds fewer subscribers than Kit (formerly ConvertKit), which allows 10,000
  • 10% cut is steep at scale
  • Limited customization

Details

EmailOctopus offers email marketing at roughly a third of Mailchimp’s price. Built on Amazon SES for reliable delivery at low cost.

Bootstrapped to $3M ARR by Jonathan Bull and Tom Evans. Remote team of 9, serving 92,000+ organizations across 119 countries.

Substack pioneered the paid newsletter model. Founded by Chris Best and Hamish McKenzie in 2017. Free to start, they take 10% of paid subscriptions. Over 5M paid subscriptions on the platform. Great for writers who want zero setup friction.

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