Issue#113: Building $1K-$10K MRR Micro SaaS Products around Charts, Graphs and Data
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Sponsor This Newsletter:👉 Now you can sponsor this newsletter now and reach 31,000 people connected to Micro SaaS ecosystem. We have builders, founders, entrepreneurs, investors, marketers, no-code founders reading this newsletter that’s the best ecosystem for SaaS. Want to sponsor this newsletter? 👉 👉 Check here 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 charts, graphs and data related tools. ⛳ ⛳ Current Players
🔒 👉 [In Pro] See which no-code tool has crossed $207.6K in annual revenue. 🔒 👉 [In Pro] See which tool for interactive reports made $2K in revenue in less than a year. 🔒 👉 [In Pro] See who grew to 500+ customers in 9 months and reached monthly revenues of $11K. 🔒 👉 [In Pro] See which wordpress plugin reached $2K/month in revenue. 🙅♀️🙅 PessimistsNegative Nancy says - “I don’t think people need apps to manage their finances. By default, people can understand where they are spending much and what can be cut down” Me - While some individuals may naturally have a good sense of their spending habits, personal financial management apps can help many people. These apps provide automated tracking, offering a more detailed and accurate overview of finances. They can identify patterns, highlight areas for potential savings, and simplify the budgeting process. Fina is one such financial management app that is used by thousands of users, crossed $10K in revenue & $2K MRR in 4 months. Negative Nancy says - “Google Analytics is already giving analytics for free. Who would pay for privacy analytics?” Me - While Google Analytics provides valuable insights, privacy analytics tools offer a distinct advantage. With increasing concerns about data privacy, users are willing to invest in tools that prioritize protecting sensitive information. Founders are willing to pay for the added value, specialized features, and heightened privacy protection that dedicated privacy analytics tools can offer. Plausible crossed $1.2M in annual revenue. WPLytic building privacy analytics for Wordpress ecosystem reached $2K/month in revenue. 🤿🤿 Deep-dive &&💡💡Some nichesSimple Privacy-Focused Web Analytics ToolA privacy-focused web analytics tool prioritizes user anonymity by collecting minimal, non-identifiable data. It offers key insights like page views and referral sources without compromising personal information. Users can opt out of tracking, ensuring compliance with privacy regulations. The tool provides a user-friendly interface and customizable reports for easy analysis. Real-time analytics keep users informed about website performance. Its focus lies in delivering valuable insights while maintaining a strong commitment to user privacy and data protection. This also helps maintain compliance laws in many countries. On top of that, many founders want to be responsible for the visitors and privacy is a top concern. Some founders also market the products as ‘Google Analytics alternative’. Below are some popular products in this space especially building towards privacy of visitors.
AI-powered Dashboard BuilderLots of folks find it hard to work with complicated data because it involves things like writing queries, connecting data sources, and building charts. AI-powered dashboard builders help with this by using AI. People can connect data sources and write queries in normal language, and the AI turns it into easy-to-understand dashboards. These tools are user-friendly, saving time and not needing advanced skills to make good visualizations. They're great for anyone dealing with tricky data, offering a simple way to get important insights. Breadcrumb is one example of such product. ChartBrew is not AI based but made $2K in revenue in less than a year solving dashboard problem. Datapad also in similar space received $1.7M in funding. Custom designed status pages and analytics for website monitoringA status page is a dedicated web page that provides real-time information about the operational status of a website, service, or application. It offers users and customers a quick overview of any ongoing issues, scheduled maintenance, or current system health. Status pages typically include details on incidents, their resolution status, and historical performance data. This transparency helps users stay informed about service disruptions and allows businesses to communicate effectively during outages or maintenance periods. Status pages play a crucial role in building the trust for new users as well to see how well the company is working from infrastructure stand point. SaaS products in space should automate the creation and management of status pages by providing customizable templates and integration options. These products should enables real-time monitoring, automatically updating the page based on the service's current status. Automation ensures timely communication of incidents, reducing manual effort in status updates. Integration with monitoring tools allows seamless detection and reporting of issues, enhancing the overall efficiency of incident response. These SaaS solutions streamlines the process, offering a user-friendly and automated approach to status page management. Pulsetic with hundreds of paying customers is one good examples of products in this space. Pulsetic not only helps with status pages but also helps automating the alerts. Animated charts and stats GIFS for Social MediaAnimated charts and stat GIFs are lots of fun for people on social media. But, making them is not easy. Still, these animations are important to get extra attention on social media. They make data more interesting and can be enjoyed by a wider audience. Even though it takes some effort to create them, the desire for eye-catching content on social media makes animated charts and GIFs really helpful for users who want more people to see and engage with their posts. SaaS products can simplify the creation of animated charts and stat GIFs for social media by offering user-friendly tools and templates. Automated features and drag-and-drop functionalities help with the design, reducing the complexity of creating engaging visuals. With cloud-based storage, users can easily access and share their animated content across different platforms. SaaS products in this space aim to make the creation of attention-grabbing animations more accessible, efficient, and enjoyable for social media users. AnimStats automates this to a large extent and is used by 2500 customer and crossed $600 MRR. Gifstats is another good product in this space, reaching ~€2k in revenue. Analytics tool for SaaS appsAnalytics for SaaS apps are special because they focus on specific metrics crucial for SaaS products. Unlike general analytics, SaaS analytics track user engagement, subscription churn, and feature usage, providing insights tailored to a subscription-based model. These analytics prioritize customer retention, conversion rates, and the overall user experience within the SaaS ecosystem. Specialized SaaS tools often integrate with popular platforms, simplifying data collection and analysis. They help businesses understand user behavior, optimize product features, and make informed decisions for continuous improvement. SaaS analytics are uniquely designed to address the distinct needs of subscription-based software services, ensuring efficient operation and sustained growth. It’s added advantage of the products supports analytics for both single and multi-tenant SaaS products. Vizzly, supported by Y-Combinator, is a popular product in this space, supporting both single and multi-tenant SaaS products. Logspot solving the same problem, also supported embedding these analytics right inside the SaaS products to improve user trust and engagement. TelemetryDeck helps app and web developers improve their product from live, accurate analytics data with 2000+ organizations are using TelemetryDeck. 🔒 👉 [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. 👉 🔒[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 current niche (Pro version)See Technical chops for implementing for Micro-SaaS tools around current niche (Pro version)See Marketing chops for implementing for Micro-SaaS tools around current niche (Pro version)See Cost analysis for 100 users (Pro version)Also get 100+ SaaS niches Pro versions covering 1000+ ideas from Pro news letters**Cool Products section is for Promoted/Classified Ads. Sponsor This Newsletter:👉 Now you can sponsor this newsletter now and reach 31,000 people connected to Micro SaaS ecosystem. We have builders, founders, entrepreneurs, investors, marketers, no-code founders reading this newsletter that’s the best ecosystem for SaaS. 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