beehiiv
Substack
| Feature | beehiiv | Substack |
|---|---|---|
| Pricing | Free / from $39/mo | Free / from $0/mo |
| Free Plan | ✓ Yes | ✓ Yes |
| Rating | 4.6 / 5 | 4.4 / 5 |
| Best For | newsletter-writers, media-companies, solopreneurs, content-creators | independent-writers, journalists, newsletter-creators, thought-leaders |
| Founded | 2021 | 2017 |
| Newsletter Editor | ✓ | ✗ |
| Ad Network | ✓ | ✗ |
| Referral Program | ✓ | ✗ |
| Web Hosting | ✓ | ✗ |
| Analytics | ✓ | ✓ |
| Segmentation | ✓ | ✗ |
| Recommendations | ✓ | ✓ |
| Newsletter | ✗ | ✓ |
| Paid Subscriptions | ✗ | ✓ |
| Podcast Hosting | ✗ | ✓ |
| Community Chat | ✗ | ✓ |
| Notes | ✗ | ✓ |
✓ beehiiv Pros
- Built specifically for newsletters
- Ad network for monetization
- Referral program built-in
- Beautiful web hosting for newsletter archives
✗ beehiiv Cons
- Less suitable for e-commerce email
- Automations less mature than Mailchimp
- Free tier limited to 2,500 subscribers
✓ Substack Pros
- Completely free to start — no monthly fees
- Built-in paid subscription infrastructure
- Network effects from Substack recommendations
- Simple writing interface without distractions
✗ Substack Cons
- 10% cut of paid subscriber revenue
- Limited design and branding customization
- No automation or complex email sequences
The Verdict
beehiiv is built for newsletter writers and media companies, with a focus on newsletter-editor and ad-network. Substack targets independent writers and journalists and leads with newsletter and paid-subscriptions.
On pricing, Substack is the clear winner for budget-conscious users — starting at $0/mo compared to $39/mo for beehiiv. That $39/mo difference adds up quickly for growing teams.
Both offer free plans, so you can test each with your real workflow before committing to a subscription.
This is a genuinely close comparison. If you can, sign up for both free trials (where available) and run a one-week test with your actual team tasks before deciding.