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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)

• Boopos is growing as an online marketplace to sell and buy businesses with 1,000+ pre-approved business.

• Cloudkoonly, a cloud solution that simplifies the deployment and use of open source software by Young, reaches $2K/month revenue.

• Rodrigo hits $38,000 in revenue from Job Board Search , a curated list of the job boards. See Rodrigo’s earlier interview on FounderBeats

• Youform, a form builder by Davis, reaches over $20k in revenue within 2 months of launch

• Blogstatic by Val hits $15K ARR. It’s a fast loading and minimalistic blogging platform.

• Larafast, a Laravel SaaS Starter Kit by Sergey reaches almost $9K in revenue.

• Jack reaches $1k and 10k installs within a month of launch of Curiosity Quench - an app built to help users towards achieving your goals through a customized daily plan

• Talkie Sprouts, an AI-powered Language Development app for children reaches $500/month revenue.

• Just Beep It , a tool by Farid tool to assign and share visual tasks online, generates $20k in sales with AppSumo launch

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Boopos just launched its first Ambassador Referral Program it is designed to empower registered sellers and buyers, industry leaders, key opinion leaders and organizations to leverage their network and earn referral fees by referring sellers and buyers of profitable online businesses (e.g. SaaS, subscription based, e-commerce, etc.).

Unique Benefits:

• Rewards for Buyer and Seller referrals

• No cap on Referral Fees

• Referral Partner Dashboard to track your earnings

Refer and make money

👉 👉  Refer and make money from SaaS acquisitions

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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 Agencies, AI Processing & AI Content related tools.

⛳ ⛳ Current Players

• Blobr: An AI assistant that consolidates and reconciles data from all your connected business tools and provides insights. Received €6.2M in funding.

• Meals.chat: an AI tool to estimate calories, macros and ingredients from the food photo.

• Productive: An all-in-one agency management system that helps agencies consolidate data, run projects, manage resources, budget, and track financials, all in one place. Reached $4.3M in annual revenue.

• Dealsourcr: an AI-powered tool that helps UK investors find  property deals. Reached £27K MRR.

• Recast: Converts online articles, blogs, and essays into concise and easy-to-absorb audio explainers.

• Flowwise AI: Open source low-code tool for developers to build customized LLM orchestration flow & AI agents. Backed by Combinator.

• Flezr: Agencies can link their client's websites to Google Spreadsheets or Supabase without coding. Crossed $5K in revenue.

• Questgen: an AI quiz generator that allows you to create various kinds of assessments in one click.

• Float: a resource management software that streamlines project planning, team scheduling, and time tracking for agencies. Estimated annual revenue is $5.1M

• RAFA: an investment app that uses AI agents to help users make investment decisions. Listed in 'Best of AI/Finance/Investing in 20204’ on ProductHunt.

• IACrea: Instant virtual real estate projections and home redeisgn using AI.

• Olympia: an AI-powered team of experts tool. Reached $6K MRR in 9 months after launching.

• Gamma: an AI-powered tool to create presentations, documents, and websites. Reached $1.8M/year revenue.

• AgencyAnalytics: Client reporting tool for marketing agencies that lets agencies connect all their clients’ data and create custom reports. Reached $5 million in annual revenue. Used by more than 6000 agencies across the world.

• MagicForm: Helps teachers, students, and professionals to create quizzes from any text.

• WebWave: An AI-powered website builder. WebWave also offers pre-made templates that users can customize to fit their needs. 610,000+ users.

• Interview.study: an AI-based interview copilot. Grew to 1k users, and $500+ MRR in 2.5 months.

• Octoboard: A cloud data analytics platform that automates SEO, SEM, and PPC reporting for agencies and businesses.

• InterviewJarvis: AI-powered comprehensive interview tool to get 200+ practice
  interview questions and answers based on uploaded resume.

• Jason AI: B2B sales assistant powered by ChatGPT by Reply.io. It can write sales emails, create multichannel sequences, generate answers to prospects' emails, and book meetings. Reply.io's estimated annual revenue is $16.5M

• MindStudio: Lets users build AI-powered apps and workflows without coding.

• Dora AI: Generates websites based on user prompts without any templates or stock photos.

• Final Round AI: Interview Copilot generating actionable guidance in real-time. Used by 578,688 candidates

Read full post on Substack

🔒 👉 [In Pro] See which AI tool crossed $250 MRR with 55 customers in just 17 days

🔒 👉 [In Pro] See who reached €2K MRR in 4.5 months from an AI tool for home redesign.

🔒 👉 [In Pro] See which AI tool for audio summaries crossed $54K in revenue.

🔒 👉 [In Pro] See who reached $4k MRR from an AI_powered quiz generation tool.

🙅‍♀️🙅 Pessimists

Negative Nancy says - “Never trust AI suggestions for investments and financial deals.”

Me - In the last few years, AI has made significant strides, thanks in part to the abundance of training data, leading to substantial improvements in accuracy. This progress has prompted numerous companies, especially those in the financial sector, to capitalize on AI technology to automate various aspects of deal suggestions, financial advice, and investment processes. RAFA is one such product in this space that helps catch hot trends in financial domains for investments purpose. RAFA Listed in 'Best of AI/Finance/Investing in 2024’ on ProductHunt. Dealsourcr uses AI to find the best property deals for their users with inbuilt calculators. Dealsourcr reached close to $30K MRR.

🤿🤿 Deep-dive &&💡💡Some niches

Micro SaaS for AI Powered Interview Helper

Interview preparation is often challenging because it requires candidates to anticipate a wide range of potential questions, craft their responses to specific job requirements, and effectively communicate their qualifications and experiences. Candidates may struggle with time constraints, lack of access to personalized guidance, and feelings of anxiety or uncertainty about the interview process. AI can assist in preparing for interviews based on resumes by analyzing the content of the resume and providing recommendations and guidance by mapping to the job that the candidate applies for. This involves leveraging natural language processing and AI to extract key information from the resume, such as skills, experiences, and achievements. The AI then uses this information to generate potential interview questions, suggest relevant talking points, and offer tips on how to effectively communicate one's qualifications and experiences during the interview. Interview.study has executed this well and grew to 1k users. Final Round AI is also a good example of automation around interview process for candidates.

• Interview.study - Grew to 1k users, and $500+ MRR in 2.5 months.

• Final Round AI: Used by 578,688 candidates

• InterviewJarvis: AI-powered comprehensive interview tool to get 200+ practice
  interview questions and answers for your resume.

Micro SaaS for AI Based Website Generation

Creating a website, regardless of how many times one has done it, always involves a significant amount of brainstorming. This process requires careful consideration of various factors, including the target audience, brand messaging, and marketing objectives. From crafting compelling headlines to refining product descriptions and calls-to-action, every aspect of the copy must be meticulously crafted to resonate with the audience and drive conversions. Doing that manually is prone to errors and need multiple reviews. That is where the AI SaaS products around website generation comes handy. These products often need users to build their website with 1-2 lines prompts and some information of target audience. WebWave with 600K users is a good example of a product in this space. WebWave started as a normal website builder and then started leveraging AI to help users build websites much faster. Dora is also another good product that leverages AI for website building. Additionally, Dora can also generated 3D themed sites, all with AI.

Micro SaaS for AI-Powered B2B sales assistant

In traditional B2B sales, reps spend a lot of time entering data, researching leads, and figuring out which ones to focus on. They also need to keep in touch with prospects and move them through the sales process smoothly. AI-powered B2B sales assistants help by doing a big part of this work automatically. These tools automate repetitive tasks, give insights into how leads are behaving, and even set up meetings without needing manual input from the sales team. This saves time and makes the sales process more efficient. These AI-powered assistants basically act as a helpful sidekick to sales reps, taking care of the nitty-gritty so they can focus on building relationships and closing deals. It's like having an extra set of hands to lighten the workload and boost productivity. Jason AI’s is a good example of such a product and it has an estimated annual revenue of $16.5M (including all products, not just AI themed products) . Jason AI is personal assistant powered by ChatGPT to set up outreach sequences, handle prospect responses, and book meetings.

Micro SaaS for AI Powered Personas

While ChatGPT and similar AI models helps users to some extent, they still lack a few requirement/features that AI powered assistants can do. AI-powered virtual assistants (or AI powered personas) are bots programmed to perform various tasks autonomously, leveraging artificial intelligence algorithms to understand and respond to user inputs. These assistants can handle a wide range of administrative and organizational duties, such as scheduling appointments, managing emails, and conducting research. AI-powered virtual assistants continuously learn and adapt based on user interactions, becoming increasingly efficient and effective over time. One good example is Olympia that automates this at scale. Olympia stands out from ChatGPT by offering a highly specialized AI virtual consultant team service that is meticulously designed to meet the unique needs of small businesses across various industries. Unlike ChatGPT, which operates as a general-purpose language model, Olympia’s AI solutions are fine-tuned to understand and address the specific challenges and requirements of its clients, ensuring a more personalized and effective service. Olympia has reached $6K MRR in 9 months after launching.

Dashboards and Automated Reports for Marketing Agencies

Marketing agencies typically require dashboards and automated reports that provide insights into key performance metrics across various marketing channels. These may include metrics related to website traffic, conversion rates, social media engagement, email marketing performance, and advertising ROI. They need customizable dashboards that allow them to track campaign performance in real-time and identify areas for optimization. Automated reports are also essential for streamlining client reporting processes, allowing agencies to generate professional-looking reports quickly and efficiently. These reports should be customizable to meet the specific needs of each client and provide actionable insights to drive informed decision-making and campaign success. AgencyAnalytics automated most part of this and reached $5 million in annual revenue. AgencyAnalytics is used by more than 6000 agencies across the world. Integrations plan a huge role in getting more customers in this space. Here are AgencyAnalytics supported integrations. Octoboard is another good example for automation of dashboards and reports for marketing agencies.

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💻 💻 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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