Difference Between Substack and Squarespace (With Table)

Mistakes are common for everyone, so to point out those mistakes, every one of us needs experts. Nowadays, there are many easy methods to check your long blogs or paragraphs without the help of experts. Many websites had made it possible. These websites help in checking and correcting mistakes.

 The people who made these websites are equally important. They made us more close to the technology as we can make our websites by using these wonderful platforms. So let us know about them. So here are some differences between Substack and Squarespace.

Substack vs Squarespace

The difference between substack and Squarespace is that substack is a subscription-based platform where a user can use it for publishing, payments, and design structures. On the other hand, Squarespace is a SaaS (Software as a service) based platform. They create websites that are used by the users.

Substack is an online platform where writers can publish their content and check their mistakes before handing it to their workplace. So these types of websites are normally subscription-based. This means that to enjoy the services user needs to buy a plan according to the website. Usually, the payments are fixed as a month of the yearly interval but sometimes half-yearly also.

Squarespace is an American website hosting and building company. It is a public listed company. It is a SaaS (Software as a service) based holding company. It has its headquarters in New York City. On-screen, users are made for walking through the things such as search engine optimization and the setup of e-commerce. At present, it is in direct competition with WordPress.

Comparison Table Between Substack and Squarespace

Parameters of ComparisonSubstackSquarespace
Type of siteSubscription-based platformSaaS (Software as a service)  based holding platform
FounderChris Best Hamish McKenzie Jairaj SethiAnthony Caselena
ProductsPublishing, payments, and design structuresWebsite builder and hosting provider
Launched in market20192004
Connection with usersIt has a direct connection with its users.It has no direct connection with users

What is Substack?

Substack is an online platform where writers can publish their content and check their mistakes before handing it to their workplace. So these types of websites are normally subscription-based. This means that to enjoy the services user needs to buy a plan according to the website. Usually, the payments are fixed as a month of the yearly interval but sometimes half-yearly also.

Substack has a wide range of users, starting from journalists to writers to even famous chefs. They all use this online platform to present their content. This platform is very famous to the people. This platform is used to write newsletters by the journalist but also most often used to publish personal writing, original reporting, opinion pieces, research, and analysis.

The subscription of this website starts from a very low amount monthly and yearly basis. Substack usually takes 10 percent of the subscription fee. This platform had increased its paid users from 1100 in 2018 to 50,000 in 2019. This platform has opened the scope to make the authors decide whether they want to be a paid members or free users of the website. Free users get some of the facilities of the websites, but for the paid users, all the facilities of the websites are open.

What is Squarespace?

Squarespace is an American website hosting and building company. It is a public listed company. It is a SaaS (Software as a service) based holding company. It has its headquarters in New York City. On-screen, users are made for walking through the things such as search engine optimization and the setup of e-commerce. At present, it is in direct competition with WordPress.

The founder and CEO of this company are Anthony Caselena. Castellana started developing Squarespace for his personal use when he was at the University of Maryland. He also shared it with his family and friends and participated in the “business incubator” program of his college.

At that time, he was the only developer and employee of his company. The websites developed by the company have provided the feature to build a website and have part of templates, e-commerce features, support, and a domain name.

This company began signing sponsorship deals from the year 2007 and reached a global milestone of signing deals with New York Knights in 2017. This company now has a total number of employees of 1143 in recent years. This also needs registration and has a subscription policy. This company has a net revenue worth of $621.1 million in the year 2020.

Main Differences Between Substack and Squarespace

  1. Substack is a subscription-based site, and on the other hand, Squarespace is a SaaS (Software as a service) based holding company.
  2. The Substack has three founders. The founder of Substack are Chris Best, Hamis McKenzie, and Jairaj Sethi
  3. The products of Substack are publishing, payments, and design structures. On the other hand, the products of Squarespace are Website builder and hosting provider
  4. Substack was launched in the market in 2019, whereas Squarespace was launched in the market in 2004. Squarespace is comparatively new in the market.
  5.  The total number of employees in Substack is only 20, whereas the total number of employees in Squarespace is 1143.

Conclusion

Both of them are internet-based working sectors. One is an online platform, and the other is a company that develops a website for people to work on. They are both very settled companies in America and have different business policies. Their products are completely different based on their types. One competes directly with the users whether the other does not have any direct contact with the users.

These websites provide a wide range of features to beginners for developing their websites and design accordingly. Then they can use their website as they want it to function. The users have to be a paid members of these websites to enjoy all the features in them. For non-subscribers, some features are available.

References

  1. https://afspubs.onlinelibrary.wiley.com/doi/abs/10.1577/1548-8659(1985)114%3C837:GMAACO%3E2.0.CO;2
  2. https://link.springer.com/chapter/10.1007/978-1-4842-2937-8_1
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