How much can a city directory make from self-serve business listings?
Short answer
My planning math: most small businesses can't pay $500 for an ad but can pay $50 a month. With a $150 minimum billed quarterly, 100 businesses is $15,000 a quarter, and even with 30% drop-off you'd still bring in about $10,500 the next quarter. At $3,000 to $4,000 a month per city, 20 cities is about $60,000. Targets, not results.
Here's the math I worked through for WilCo Guide. These are planning numbers. I'm sharing them because the structure is the useful part.
Why $50 a month instead of a $500 ad?
Because most small businesses can't pay $400, $500 or $1,000 a month for newsletter ads. That's been hard for us to sell. Most businesses can pay $50.
The $50 has to feel like a no-brainer, so the featured listing stacks up:
- Featured, priority placement, including the homepage
- Videos on the page, which help SEO and AI search
- A backlink to their website
- Unlimited photos and their social links
- Their data refreshed from Google every week, also good for SEO and AI search
Then cross-promote. A business listed in one city's guide could also show up on the neighboring city's page or get featured in another of our brands. Across 16 brands, about 100 businesses each at $50 adds up fast. I planned to reach them with cold outreach.
What does one city look like?
| Line | Number |
|---|---|
| Minimum purchase | $150, quarterly or annual |
| Paying businesses | 100 |
| Revenue per quarter | $15,000 |
| Next quarter with 30% drop-off and zero new sales | About $10,500 |
The $150 minimum is the $50-a-month profile, billed by the quarter. Quarterly billing means each sale is a meaningful amount, and renewals carry you even in a quarter where you sell nothing new.
What does it look like across cities?
"Each brand brings in three to four thousand dollars a month. 20 locations times three is $60,000 a month. Self-service website plus social plus newsletter."
That's the target. It only works because the website, the social posts and the newsletter run on software.
How many businesses should you aim for?
More than you'd think. My planning number was about 100 paying businesses per city. At $50 a month, small numbers don't add up to a business.
Is there demand before you sell anything?
Early signs say yes. With no promotion at all, WilCo Guide was getting roughly two business submissions a day. Before I'd announced the directory, 14 business owners had filled out the interview form. An AI research audit told me Google was already citing the site.
Submissions aren't payments. They are a pipeline of business owners who raised their hand.
The first version doesn't need to be pretty. A non-technical operator in Houston who'd started only a couple of months earlier heard me talk about directories on my podcast and built one in V0. It's ugly. She charges businesses only about $10 to $20 to list their info, and she's making money from it. A working version beats a perfect one, and it gives you a case study.
What about selling the software instead?
That's the other side of the same math. If a local site owner can earn from $50-a-month business profiles, paid content and $100 to $200 obituary posts, then a tool priced at $1,500 a month pays for itself. If you're making $5,000 or $10,000 a month from it, you don't care what it costs. That's how I think about pricing larkfeed.
What has to be true for this to work?
- Self-serve everything. Businesses sign up, edit and pay without you.
- Give them a real reason to renew. Customers who don't win stop paying.
- Bundle the media. Newsletter and social exposure are what a pure directory can't offer.
- Keep it on one domain so every city builds the same site's authority. See subdomain vs. root domain.
The full funnel is in how to monetize a local business directory.
Answered by TJ Larkin. From team, partner and podcast-related calls, 2025-2026. Last updated .