You need to be absolutely clear in your mind what you wish to achieve in distributing your own newsletter.
Consider the following issues in determining exactly what it is you expect your newsletter to achieve.
The way in which you design, write, advertise and distribute your newsletter will be largely determined by your target audience. To be successful you will have to know a lot about your target market. Who are they?
When you know the answer to all these question you can start to plan your newsletter.
You could have a range of purposes for your newsletter including
To build a mailing list of prospects to whom you can sell, instruct, inform or follow up with specific messages
As a means of staying in touch with your existing customers
To provide an income stream by allowing the sale of classified advertising space within your newsletter
To increase your advertising coverage by trading advertising space with another similar business
To use your mailing list to further your joint venture marketing
As a final question ask yourself this
Why will the target market want to read my newsletter as compared to reading the newsletter of my competitors?
If you can not come up with a definitive answer that will achieve your objectives, you need to reconsider your newsletter strategy.
Why will the target market want to read my newsletter as compared to reading the newsletter of my competitors?