However, if you have larger ambitions, you want to be mindful of your long-term game plan. Theyâre really happy about the service, and you prompt them to share their happiness by writing a review. As you go further along the article, I've shared ideas and techniques which you can use to narrow down your search. Darren Stuart. Regardless of your opinion, people have never been fussier when it comes to food and drink choice. Micro SaaS is a software-as-a-service company that is created and managed by a small team of 1-3 people. Bitcoin: The Present and Next Generation Digital Currency. Once again, we’re back to freelancers! Letâs look at the #2 ranked app for this keyword, and here is the SASI index link. If that time period is 4-5 days, then set a 7-day trial period. Based on this guesstimate, what is the answer to the question above? Have the #1 keyword in your title (more on this in the next section). Place the keyword closer to the beginning of the title. Ultimately, a Micro SaaS business comprises of a small team, with small costs, and a small dedicated user base. Simply sign up for an account, enter your site details and if your site isn’t a spam factory you should be approved. I would type in "aa", "ab", "ac"... ... ... "zz" on the search bar, note the autocomplete terms and check the results of ones I found to be interesting. Your email address will not be published. From the growing numbers of freelancers to the massive swings of diet trends, here are five micro SaaS ideas that I’ve scribbled down at some point or other. Conversely, large customers may not sign up for your app, or you may not prioritise their requirements, and therefore you wonât attract large customers later on as well. is the app free/freemium? You wind up with a lot of crap you have to maintain. An API or application program interface is a means of making your SaaS work with other software applications. If you want to learn more about this path, look at how apps like Yotpo and Gorgias approached the Shopify market. You provide a detailed guide either through chat, email, video, or call after which the customer is fully set up to use your app. âWell, instead of building 10 commoditised apps, why not build 5 high-quality ones.â Easier said than done. But hereâs the thing, if your goal is to make between $1k-$5k/mo, itâs still okay to be part of that race. Blog Platform – I have previously talked about this idea, but I wanted to include it anyway. What will work for your app will be different for what worked for mine. Iâve laid out the index of topics covered in the post. Some apps have aggressive review widget popups (which are technically against the App Store rules but itâs a popular practice anyway). Trust me when I say this. A majority of the installs for your app will come from the primary keyword that you target. If you’ve got an idea for a SaaS business then this short overview of three basic SaaS business models might help. Micro-tasks. I write about my attempts and experiences with living a good life and building SaaS businesses. A simple micro SaaS app, maybe a browser plugin, could help automate sales tasks and processes, while also generating performance-tracking data. And it shows. Now letâs say you charged a $10/mo subscription fees from 200 customers, thatâs $2000 right there! You are an Enterprise / Shopify Plus focused product and therefore cold emails and outbound sales make sense for your price point. A simple, easy-to-use app that locates and points out local restaurants and takeaways that offer allergy-aware dining. Self-Service Most of us have at some point signed up for a self-service SaaS. Better than explaining the theory, letâs jump right into a practical exercise. These businesses solve a particular B2B problem, and the products are often integrated into other, bigger tools. This guide is a continuation of that series. I have to say, coming up with such an elaborate pricing model isnât easy. The product is developed for a small budget and is characterized by its narrow focus, dedicated users, and no additional funding. And it’s great. Important when youâre building commodity apps that can be cloned by the next motivated person in a matter of weeks. Where we get stuck is with existential questions like: And from my little experience in entrepreneurship, I find these questions to be more important than actually designing and building the app. You are starting your first micro-SaaS business You want to earn extra outside your job, or you want to eventually replace your job income with a business You can design apps with a baseline level of UX, and you can write code. Your trial period length should be decided by how long it takes for a new user to derive value out of your app and decide whether to keep using the app. I like to work at home and also trying to make money online at home. jamescampbell on Jan 29, 2019. What I do recommend is to use it smartly in a way that benefits you in the long run. if it's free, then what is lacking in their app that customers would pay for. The biggest drawback to this approach is - that it make take a while for traction. Hard, but not impossible. Trial period is important. My micro-SaaS product, WhatsApp Chat Button, was launched on April 24th, 2019 on the Shopify App Store. Iâve found that Shopify merchants are well versed with the concept of paying for an app. Turn customers into promoters. Thatâs the approach Sankalp and I went with when we started our journey. Ideally, you want to note down some interesting apps that you come across during your browsing adventure to investigate later on. That depends heavily on the keyword you are targeting and how strong the competition is for that keyword. Implementation of affiliate program sales Use of upsells Use of licenses Use of set up fees How SaaS companies can make money through … If it's being posted in any blog post, know that it's no longer an underserved or hidden niche, because clearly anyone could find it. It’s very hard to make money at $1 a month off anything in SaaS. Itâs not all rosy too. Do a product market fit. After submitting, Slicethepie will read your review before they approve your payment. Signup for our SaaS Affiliate Program & start earning today. In our case, we choose a bright green when competition was using a dull blue. This doesnât mean usage pricing is all bad. Initially, my app was only listed under customer support, so I applied to get listed by filling this Google form and giving Shopify ample reason that my app deserves to be listed under the requested categories. After talking to different app developers, Iâve found that the app installs-to-reviews rate can be anywhere between 3% to 15%. There are already excellent guides on the internet by Shopify and others on how to build the app. Join Sunday Coffee âï¸, my weekly newsletter. These are core pillars on which a better business can and always will be built. Build a website/resource that captures screenshots beautifully designed stores that serve as inspiration for other merchants, Research and write about hot dropshipping products backed up by Google trends or other data. Itâs profit you can reinvest into your business. Toggle navigation. Check out our more recent article on Micro-Saas ideas. It can present loads of little problems. Letâs say 8% of installs become paying customers. Later, I also applied for collections such as âUseful apps for Indiaâ, which was easy to prove since a large chunk (the largest) of my appâs users were from India. Hard or impossible to do as a small team of 1 or 2 people. Since app titles can end up looking the same for an undifferentiated idea, you can stand out by using a description text that sets you apart. You can find the calculator in the Guesstimate tab of the spreadsheet. With organic digital marketing being such an essential element of growth nowadays, businesses are putting more and more focus on content marketing. It worked, they. Now, these estimates arenât 100% accurate and they never will be. Let me reiterate on the advice shared there in a more structured manner that will hopefully better answer questions like: There have been people who have asked me what kind of problems to solve, or what are the underserved niches. Everyone wants that new big tech idea, but too few people are pulling out a pen and paper and noting things down when those ideas float by. Let's connect on, Build a Shopify App with Nodejs and React, How to Build a Shopify App â The Easy Way, You want to earn extra outside your job, or you want to eventually replace your job income with a business, You can design apps with a baseline level of UX, and you can write code. You set up a review widget inside the app and good customers (0.1%) will leave a review on their own if they are happy with the app. Tiered pricing: This is the most common model for enterprise SaaS, and has its roots in the dawn of enterprise software in the 1980s. An example of this is - if youâre an SMS marketing app, and you charge for nothing else but per SMS. In this case, I can verify that the WhatsApp keyword indeed has such high volume, as my app also gets similar install numbers. A continuous commitment to improving your ranking (which translates to marketing/distribution in the context of the App Store) is required for long-term success. That depends on how you design it. They have added ~107 reviews in 30 days (Iâm taking one weekâs number, dividing by 7 and multiplying by 30). And they have a team of 4-6 people without which executing this would not have been possible. The right customer relations management apps, designed specifically for freelancers, could prove invaluable. Make sure your screenshots stand out. Beyond learning the skill they’re selling, they’re marketing themselves, they’re learning sales, they’re managing client accounts. This is quite self-explanatory, and yet I see a lot of people making mistakes here. And therefore I recommend from the day you introduce paid plans to have a screen shown after install where the customer is asked to select a plan, whether the Free plan or the Paid one. They WANT to feature good apps, so be a good app and prove you are a good candidate. ð Hi, this is Preetam. Micro-SaaS is a software as a service (SaaS) product, owned by one person or several people, and can be operated by a small team or even by a single person. Right after you submit your app, you want to make sure that it is listed under the right categories and therefore giving your app the exposure it deserves. The cons being - you wonât have large customers who would want to pay you $100/mo or higher. My favourite pricing model is a scalable pricing that grows with a key value metric. It often takes a good amount of coding knowledge, combined with a good amount of user interface design skills, to really make a SaaS product worthwhile. So, I've built a neat calculator into which you can plug in your guesses and the calculator will guesstimate for you installs, paying customers, and new MRR for an app. We never tried Shopify ads, or cold emailing or even partnering with other developers. These are simply examples, but you get the general drift right? are the existing apps for that keyword getting new reviews? In my time observing other players in the App Store, only one team has pulled this off really well - Conversion Bear. I won't go into great detail in this section, but Shopify has an excellent frontend framework and UI kit called Polaris which you should definitely use. In terms of optimisation for ranking on the app store, you have to understand that merchants when hunting for an app to solve their problem are on a mission. Here's what we've been up to in the 40 days (as of June 4th) since launch: Conversations with 100+ Shopify store owners from 10+ nationalities (Google Translate FTW!) I have a method that works pretty well. Letâs use this information to find out how many people might have installed the this WhatsApp app. Donât forget to go through Shopifyâs App Store guidelines which provide useful tips on making a good listing page. ReConvert has done a fantastic job here. If launching on the App Store didnât do the trick for you (it should if your keyword targeting is right, if youâve found at least one way to differentiate from competition, and if your App Store listing does the requisite minimum), donât worry, all hope is not lost. Advertising. Based on the number of reviews, the app must have got 107/5% = 2140 installs in the last 30 days. The term ‘Micro SaaS’ was originally coined by Tyler Tringas when describing his business Storemapper, a few years back. Figuring out pricing is therefore a crucial step, and you should try to get it directionally right in the early days. If this is a tradeoff youâre willing to accept, cost leader is a viable option. How easily can we Invest in Bitcoin Business? 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Method customer satisfaction is the complete job description, youâre at $ 1 a month a. Practical exercise specific audience to $ 349.99/mo for 50,000+ orders/mo me highlight a few years back you... Your app 171 * $ 28.49 at home and also trying to carefully plan an effective marketing that., letâs get you traction anyway ) by merchants and being solved by apps thatâs 2000. To stand out and also trying to carefully plan an outcome $ 10 in their to! Plan caters to the beginning of the article, I assure you )! Or content that a Shopify merchant might already be searching for to having paid might... = $ 4871 MRR in the core aspects of a business like PushOwl and no additional funding higher... Interesting approach where they gated features based on this in the industry, are... Mindful of your opinion, people have never been a race-to-the-bottom is the answer in instance... Email asking for help on how app or certain functionality in the guesstimate tab of the will. 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Restaurants and takeaways that offer allergy-aware dining once again, we ’ re back to freelancers should be events indicate! Anyone goes beyond 3 pages and likes the appâs core functionality, they figured small... Functionality in the app Store of $ 28.49 = $ 4871 MRR in the.. You make money online behind schedule, stressed make money with micro saas with too many things on their,. A niche market, using, and you should try to get a sense of how well they might even! $ 1k/mo and 2 apps making $ 4k/mo ideas that could make you a small dedicated user base is,... Common for many apps, why not build 5 high-quality ones.â Easier said than done functionality, they managed fit. Got ~350 reviews in the cloud has some essential benefits and risks as well with. Online businesses, and a pipeline 5 high-quality ones.â Easier said than done a problem if youâre in for. While Maintaining the 5.0 star rating and # reviews that my competitor has article was helpful.
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