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Recent Micro SaaS News in 2 minutes

(This saves you hours of time and keeps you up to date on what's going on in Micro SaaS)

• Val hit $1K MRR with BlogStatic, a fast loading and easy-to-use blogging platform.

• Aslam secures a $10K deal for a 6-month subscription of Robonito, a no code test automation tool

• James crosses $250 MRR with 55 customers in just 17 days for Meals.chat, an AI tool to estimate calories, macros and ingredients from the food photo.

• ThumbnailTest, a YouTube A/B testing tool by Rox has been acquired for six figures. You can read an earlier interview of the founder on FounderBeats

• Obie and Vika grow Olympia, an AI-powered team of experts tool, to $6K MRR after launching in May 2023

• Table Capture, a browser extension by George to easily capture tabular data from websites hits 200,000 users on Chrome

• LedgerBox, an AI-powered tool by Sean to convert PDF bank statements, invoices, and receipts to CSV and Excel reaches $330/month in revenue

• Grapha AI a tool to derive insights from data by Harshan has acquired 2k+ users and has reached $1.4K in monthly revenue.

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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, how the current players are doing, and ends with a cost analysis to understand the overall cost for 100 users.

Let’s see some of the players around Journaling and Writing related tools.

⛳ ⛳ Current players

• Rosebud: An AI-powered journal for mental health and personal growth.

• Instant Notion: an iOS app to quickly save notes to Notion. Reached 6400+ users.

• Penzu: A privacy focused online journaling app. Reached an annual revenue of $2.1 Million.

• Bear: a powerfully simple Markdown note taking app to capture, write, and organize life.

• DocuWriter.ai: Automated AI-powered tools to generate Code & API documentation.

• Daylio: Self-Care bullet journal with goals, mood diary & happiness tracker. Crossed 110K+ installs.

• WriterDuet: a screenwritig software for planning, writing, and sharing scripts. Estimated annual revenue is $1.7M. Used by 1 Million screen writers and TV shows.

• Deepen AI: AI companion app that lets you chat about whatever is on your mind

• Travel Diaries: Lets users capture their travels in a digital diary.

• Journalistic: A Micro Journaling app with minimalistic design and powerful insights.

• Cronometer: Tracks diet, exercise, and health data. Reached $1.9M in annual revenue.

• PublishDrive: All-in-one self-publishing platform for ebook, audiobook, and print-on-demand. Used by thousands of authors who increased digital book sales by 85%.

• Mindsera: AI-powered journal that provides personalized mentorship and feedback. Received $2.1M in funding.

• AudioPen: Converts voice notes into text that's easy to read & ready to share.

• Quick Creator: AI-powered SEO-optimized content generation of blogs. Crossed $700 in MRR.

• docswrite.com: Automates publishing from Google Docs to WordPress. Crossed $500 MRR

• Lifelight: an AI-powered journaling app.

• Dabble.Me: A personal journaling app that works entirely over email.

• ReplyMind: A personal assistant for social interaction.

• Gratitude: personal journal app to write about things that you are grateful for.

• Conch: AI-powered app to write, study, and research. Reached $50k and 100k users in 2 weeks.

• Journalist AI: Generates articles using AI that auto-publish to a blog. Crossed $15K MRR.

• Squibler: Supercharged AI writer for books, novels, and screenplays that writes, edits, and visualizes stories.

• TalkNotes: Turns messy thoughts into actionable notes. Reached $1500 in revenue in 20 days.

• Memoiri: a diary app that helps users focus on their memories.

Read full post on Substack

🔒 👉 [In Pro] See who reached $36K revenue in 2023 with a tool for social interactions.

🔒 👉 [In Pro] See which AI-powered journaling app reached $5K/month revenue.

🔒 👉 [In Pro] See who made $73,000 in 2 months from AI-powered voice note tool.

🔒 👉 [In Pro] See which tool for code and API documentation crossed $2K MRR.

🙅‍♀️🙅 Pessimists

Negative Nancy says - “Journaling tools are not so big of a niche”

Me - There are many profitable SaaS products in this niche. For example, AudioPen that converts voice notes into text to read and share made $73,000 in 2 months. Also, Lifelight, another AI-powered journaling app reached $5K/month revenue from writing/journaling niche.

Negative Nancy says - “There is no point in building something around voice content”

Me - Many founders are building products around voices. AudioPen is primarily built to transforms mess voice notes into publish-ready text. AudioPen made $73,000 in 2 months. TalkNotes is another product in this space that reached $2500+ in revenue with 50+ paying users within 2 months of its launch.

🤿🤿 Deep-dive &&💡💡Some niches

AI-powered personal journal app for Emotions and Stress Tracking

Journaling provides a therapeutic outlet for expressing and processing emotions. The act of journaling itself can serve as a calming ritual, reducing overall stress. Over time, reviewing entries helps identify patterns and develop effective coping strategies. This is one of the reasons why so many people love writing journals. That is where products like Mindsera have built a niche around journaling and AI. Mindsera leveraged AI to look at the user’s daily journals and helps with thought analysis, entry analysis and eventually find a pattern in the user thoughts. Mindsera received $2.1M in funding in this space. There are more examples of these products, for example Lifelight has reached $5K/month revenue in this niche. Daylio has crossed 110K+ installs. The same can be extended to Travel Journaling as well similar to Travel Diaries.

Micro SaaS for collaborative screenwriting

Collaborative screenwriting is challenging due to the need for cohesive storytelling, shared vision, and alignment on characters and dialogue. Balancing creative input while maintaining narrative consistency requires effective communication and compromise among co-writers. Screenwriting involves crafting scripts for films or TV shows, encompassing plot, dialogue, and scene descriptions to guide actors and directors. The collaborative nature demands synchronized creativity, making it crucial to navigate differing perspectives and maintain a unified script. That is where WriterDuet helped multiple screenwriters to collab together to write a screenplay. Today WriterDuet has an estimated annual revenue is $1.7M and used by 1 Millions screenwriters and TV Shows. Products in this niche should facilitate collaborative screenwriting by offering cloud-based platforms that enable real-time editing and seamless sharing of scripts among writers. These tools provide version control, ensuring consistency and tracking changes during the collaborative process.

Micro SaaS for SEO-Optimized Auto-Blogging ( AI-powered blog generation, auto link building, auto publishing)

Many companies reply on SEO to build traffic in a scalable way. There are several SaaS founders built AI tools to generate this content. But only a few founders actually build niche based SEO optimized content generation tools. These niche-focused SaaS platforms not only leverage AI for content creation but also prioritize SEO optimization, tailoring generated content to specific industries or themes. For example, Journalist AI is heavily trained on newspaper publications to generate articles in that pattern. Journalist AI has crossed $15K MRR. Another example is Quick Creator that crossed $700 in MRR. Quick Creator not only generates the blog content but also automates the publishing process and hosts the blog as well as their upcoming feature. Docswrite.com niched toward Google Docs based writing and crossed $500 MRR.

EBook Self Publishing on multiple platforms:

Traditional publishing often entails lengthy timelines, from manuscript submission to actual book release, causing delays in reaching readers. Authors have limited control over creative decisions, as editorial and marketing choices are often made by the publishing house. Self-publishing offers creative autonomy, allowing authors to control content, cover design, and release timelines without traditional gatekeepers. But it’s not easy for authors/writers to do this all by themselves and do this all all platforms like Amazon, Barnes&Nobles, Apple Books etc. There are 10-20 platforms where authors can sell their books. But manually uploading to all these platforms takes a huge time either for first time publishing or even for smaller updates as well. PublishDrive solved this problem by leveraging the APIs of these platforms. PublishDrive is an all-in-one self-publishing platform for ebook, audiobook, and print-on-demand and is used by thousands of authors who increased digital book sales by 85%. Tools in this space should let users upload their manuscript and cover page and allow authors to set their pricing on multiple platforms all from one single console.

🔒 👉  [Get access to more additional ideas in this niche from Pro version with data points, revenue information].

🔒 👉  [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.

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📢 📢 Marketing chops

Learn Marketing pointers on how to start marketing the products for this niche. This should give you a marketing head start.

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💳 💳 Cost Analysis for 100 customers

Learn how much it costs to build a product in this niche and cater to 100 customers.

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