Issue#81: Building $1K - $10K MRR Micro SaaS products around Twitter Ecosystem
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Let’s see today’s Newsletter around a Micro SaaS niche. No fluffy content. If your goal is to build a $100m ARR business, this is not the right post. Here I am NOT going to talk about building the next Facebook or Twitter. If your goal is to make a $1K to $10K MRR, continue reading. This post will cover one SaaS area and talk about multiple niches in this space. This post also explains how to do tech implementation, do market analysis, and how the current players are doing, and ends with a cost analysis to understand the overall cost for 100 users. (This report is added with more updates along with the previous report on Twitter) Twitter has 340 million users. Let's see some of the products built on Twitter.
Negative Nancy says: This involves platform risk. Me: There is a platform risk because there is a platform. Having a platform means “finding users more easily”. On a side note, all the above tools are making revenues for years. Negative Nancy says: There are already many tools around Twitter. How can you find a niche? Me : (Continue reading the post to find niches around Twitter audience/Twitter API) Some niches around the Twitter audience Before we dive deep into niches, let’s wait for a second and see why do people use tools around Twitter. There are major three reasons
Based on these three points, let's see for a second and dive deep into what HypeFury is doing that it made hugely successful. Some important features of HypeFury.
So, Hypefury is satisfying all the 3 reasons mentioned above - Get more followers, Bring in more money & Automate. So, whats Hypefury’s principle - “Do one thing and do it well (really really well)” Now, let's see if we can find some niches around these basics. Micro SaaS for generating AI-based Tweets: One of the biggest problems for people posting on Twitter is the ‘writers-block’. After posting a few tweets, it often becomes tough to ideate and posts new content. Create a new SAAS product based on GPT-3 API that reads your previous tweets and analytics data for the tweets and automatically generates tweets based on this data which gives a high level of Twitter engagement. Sometimes GPT-3 can go crazy, so always provide an option for users either to “Auto-approve” tweets or provide “manual approval” for Tweets to post on behalf of users. Provide an add-on to generate the images also for Tweets. Usually, tweets with media attachments gather more attention. Based on the generated Tweet text, pull a gif from publicly available gifs or autogenerate media/images using Image APIs that take an image and text and output the image with text overlay. For example, BannerBear API can be used to autogenerate the images. Betting on this model, TweetHunter crossed $1M ARR in 2 years. Twitter + Gumroad niche : (For starters, Gumroad is a platform for selling digital products like ebooks, courses, and videos) There is a lot of potential for this model. The concept is simple. The user sets the Tweet via your saas tool. Once it reaches a specific engagement threshold, add another Tweet (with a Gumroad link) to the original tweet as a comment or as a thread. This could be set based on “after X hours”, “after X number of likes” etc. A lot of potential for this and Gumroad authors love this. Further automate this by using Gumroad APIs - for example, after X number of coupons are sold, don’t promote the Tweet anymore as the user can’t give any more coupons or just add a comment “All coupons are sold out”. The whole process will keep the followers engaged and help drive more sales/traffic. Micro SaaS for Twitter Bookmarks Organisation - Managing bookmarks isn’t easy for anyone. When it comes to organizing Twitter bookmarks, it gets much more complex. Create a Micro SaaS tool to categorize, tag, filter, search, and sort bookmarks. Users should be able to create their own curated tweets/digest from the tool that can be emailed/shared. The tools also should allow saving/exporting bookmarks to external tools like Airtable, and Notion.
Micro SaaS for Improved Search on Twitter: Twitter search is complicated and people need more help on Twitter to find leads, and connections and see what’s best on Twitter. Create a Micro SaaS tool to improve the Twitter search experience. See Twemex -for example. Twemex is a browser extension for Twitter. Twemex replaces the stock search bar with a power UI, with convenient shortcuts and instant results as you type. Twemex adds a powered-up search bar that unlocks new kinds of search: - Search your own tweets to reference in a tweet thread - Search tweets from people you follow, to learn about any topic - Search tweets from the user you're currently viewing, to mine their archives Micro SaaS for Improved Twitter DM Management: If you have ever used Twitter, you would know how complex it is to manage Twitter DMs, organize these DMs and search in these DMs. Create a Micro SaaS tool that helps with this problem and makes Twitter DM management a breeze.
Micro SaaS for Twitter Chatbots: Create an automated tool that can build Twitter chatbots and target hundreds of users by DMing them or handling received DMs. See Audience Connect for some inspiration. The tool should be able to create a custom chatbot in a few clicks and engage with subscribers and/or customers via Twitter using Direct Messages automatically. Audience Connect also manages subscribers with opt-ins included in the chatbot and creates multiple topics to target your communications. 🔒 👉 [Get access to 1000+ additional ideas and more additional ideas in this niche and across all niches from Pro version with data points, revenue information]. Technical chops Learn technical pointers on how to build products around this niche. 👉 🔒[Pro access] Marketing chops Learn Marketing pointers on how to start marketing the products for this niche. This should give you a marketing head start. 👉 🔒[Pro access] Cost Analysis for 100 customers Learn how much it costs to build a product in this niche and cater to 100 customers. 👉 🔒[Pro access] Pro VersionSee all profitable players in this Micro SaaS niche (Pro version)See another 100% ideas for Micro-SaaS tools around Twitter Ecosystem (Pro version)See Technical chops for implementing for Micro-SaaS tools around Twitter Ecosystem (Pro version)See Marketing chops for implementing for Micro-SaaS tools around Twitter Ecosystem (Pro version)See Cost analysis for 100 users (Pro version)Also get 90+ SaaS niches Pro versions covering 1000+ ideas from Pro news letters👉 The report you're reading now was available to Pro subscribers 8 weeks ago. By upgrading to Pro, you'll gain early access to every edition, staying ahead of free subscribers. Get your Pro subscription today. |
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