Issue#117: Building $1K-$10K MRR Micro SaaS Products around Agencies, AI Processing & AI Content - Part 2
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Eric grows AutoShorts.ai a tool that automatically creates, schedules, and posts Faceless videos to $20K MRR
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ClarityAI.cc, an open-source AI image upscaler reaches $2,800 MRR and 2,400 Stars on GitHub
Karma by Stas reaches $33K in monthly revenue. It’s for peer recognition and engagement used by remote teams for praise, automated rewards, surveys, watercooler chats and reports.
Proxyman, a developer tool by Noah acquires a new enterprise user for 160 licenses
AMZ Downloader , a Chrome extension that simplifies the downloading of Amazon product videos and images, reaches $330/month in revenue and 100 paying users
Jiyayuan grows Devv, an AI-powered search engine built specifically for developers, to $30K/month revenue.
Jozef reaches Crosses $200K in monthly revenue from StealthGPT, an AI-powered tool for generating undetectable AI content
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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
Minter.io: Advanced Instagram, TikTok, Twitter, Facebook and LinkedIn analytics built for agencies.
Grapha AI : a tool to derive insights from data using AI. Acquired 2k+ users and reached $1.4K in monthly revenue.
Map This: Converts documents and PDFs into mind maps using AI. Over 200,000+ mind maps generated
AICaller: AI Caller can call customers to qualify leads, reactivate leads, setup meetings and more.
PDF.ai: Chat with any PDF document, generate summaries and find information. Crossed an MRR of $25K in 4 months.
ResumeMaker.Online: an online resume builder that uses AI to create a professional resume optimized for ATS. Reached $2K MRR
Soundful: an AI music generator that allows users to create royalty-free background music for videos, streams, podcasts and more. Reached $1.6M in annual revenue.
SEO Co-Pilot: an on-page SEO optimization tool that leverages AI to assist users in enhancing their search engine rankings. Reached $9.6K/month revenue.
Accelo: a client work management platform that helps service businesses manage sales, projects, tickets, retainers, billing, and reports. Reached $8.6M revenue in annaul revenue.
HeyGen: an AI video generation platform to create videos from text with AI-generated avatars and voices.
LedgerBox: an AI-powered tool by Sean to convert PDF bank statements, invoices, and receipts to CSV and Excel. Reached $330/month in revenue
Meetzy: Makes AI generated phone calls to talk to leads. Reached $330/month in revenue.
Stellar AI : Uses artificial intelligence to help companies set goals, track progress, and identify potential roadblocks. Backed by Y Combinator
Repurpose Pie - a text-to-video content repurposing SaaS for Twitter creators.
RevidAI: All-in-one TikTok growth tool. Uses the power of AI to create viral videos for TikTok
Spellar AI: an AI-driven speaking assistant, offering personalized feedback to enhance speaking skills and boost confidence.
Docsumo: an AI tool that extracts data from unstructured documents, such as invoices, bank statements, and contracts. Reached $6.3M in annual revenue.
TypeFrames: Creates video for TikTok, Instagram and YouTube from text prompts.
Uizard Autodesigner: Generates editable prototypes, screens, images, and themes using simple text prompts. Received $18.6M in funding.
Bluedot: an AI-powered Chrome extension for Google Meet.
🔒 👉 [In Pro] See which AI tool reached $1M ARR in 7 months.
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🔒 👉 [In Pro] See which AI video tool has crossed $8K MRR.
🙅♀️🙅 Pessimists
Negative Nancy says - “Phone calling for sales is outdated. AI messes it up further”
Me - There are people who hate to receive phone calls and there are people okay with receiving phone calls as long as the conversations truly helps them. AI is getting better and is getting closer to natural voice simulations. Check Meetzy that automated the phone call selling process using AI. Meetzy reached $330/month in revenue. Meetzy also provides real-time transcriptions and seamless routing to human agents for qualified leads and supports 20+ languages. Also checkout AICaller that is used by 4000 businesses.
Negative Nancy says - “Speaking assistants are only a Myth and they never work”
Me - Not really. Learning a skill like speaking (in a new language) or personality development trainings are highly valued. This is also usually expensive as it needs 1:1 attention in most cases. That is where the new age AI based SaaS tools are automating this to a large extent. SpellarAI is an AI-driven speaking assistant, offering personalized feedback to enhance speaking skills. VirtualSpeech helps with AI driven personality development training.
🤿🤿 Deep-dive &&💡💡Some niches
Micro SaaS for AI-powered Document Processing
Document processing is crucial for B2B businesses as it involves handling vast amounts of paperwork, contracts, invoices, and other documents critical for operations. However, managing document processing at scale poses significant challenges. These include manual data entry errors, inconsistent formatting across documents, and the need for extensive time and resources. Moreover, extracting relevant information from unstructured data, such as handwritten or scanned documents, adds complexity to the process. Without efficient document processing solutions, businesses risk inefficiencies, errors, and delays in decision-making and operations. Docsumo reached $6.3M in annual revenue. Docsumo simplifies document processing by allowing users to ingest various document types from multiple sources such as emails, APIs, cloud drives, or local machines and its AI accurately captures key values and tables from unstructured documents like invoices, bank statements, contracts, and more, making it easier to extract essential information efficiently. LedgerBox is another example and reached $330/month in revenue. LedgerBox helps convert PDF bank statements, invoices, and receipts to CSV and Excel.
Micro SaaS for AI Generated Phone Call Selling
Despite the rise of digital communication, phone call-based selling remains relevant due to its personal touch and direct interaction. Effectively managing and optimizing phone call-based sales presents challenges without the appropriate tools. The process involves laborious tasks such as listing numbers, making calls, taking notes, conducting follow-ups, and tracking progress. That is where AI-based Phone calling SaaS solutions come into picture. The concept remains the same. The SaaS solutions leverages AI to make the phone call and inform the customers about the product. Check Meetzy that automated the phone call selling process using AI. Meetzy reached $330/month in revenue. Meetzy also provides real-time transcriptions and seamless routing to human agents for qualified leads and supports 20+ languages. Also checkout AICaller that is used by 4000 businesses. Solutions in this space also provides the required SDKs and APIs to support integrations with existing customer tools, CRM solutions.
Micro SaaS for AI Powered Goal Setting & Tracking
Doing goal setting and tracking manually can be challenging due to the complexity of managing multiple goals, tracking progress accurately, and analyzing data effectively. AI based SaaS solutions can help by automating tasks such as data collection, analysis, and reporting. They can provide real-time insights, identify trends, and suggest adjustments to goals based on performance data. This streamlines the process, reduces errors, and allows users to make informed decisions to achieve their goals more efficiently. Note that we are not just talking about B2C kind of user base, this can be done even for B2Bs as well at an organization level. Think about organizations allowing employees, manager to do all the goal tracking using AI. StellarAI is a goal-setting and tracking platform powered by AI, designed to streamline the process of defining, prioritizing, and monitoring goals across organizations. StellarAI platform synthesizes data to provide insightful summaries of goal performance, enabling informed decision-making. StellarAI is backed by Y Combinator.
Micro SaaS for AI Powered SEO Automation
As online competition continues to grow, businesses face the ongoing struggle of ensuring their content ranks well in search results to attract organic traffic. Despite evolving algorithms and trends, SEO remains crucial because it's fundamentally about making content more accessible and relevant to users. For SEO, businesses typically need to focus on various tasks to improve their online presence and visibility. This includes conducting keyword research to identify relevant search terms, optimizing website content and structure to align with those keywords, and building high-quality backlinks from reputable websites. Additionally, founders may need to regularly monitor and analyze their website's performance using tools like Google Analytics, and make adjustments as needed to improve rankings. There are many SEO tools that help with various parts of these things but AI powered SEO tools are in different league helping with automating these end to end. SEOBotAI and SEO Co-Pilot are good examples here. SEO Co-Pilot reached $9.6K/month in revenue. SEOBotAI also in same niche helps with the content generation end-to-end and also optimizes existing articles based on traffic analysis. SEOBotAI has hundreds of users in waitlist.
Brand Analytics Reporting for Agencies
Analytics reports from B2C is different when compared to Analytics reporting for Agencies. Agencies typically handle multiple clients and need more matured systems with features like user roles, delegated automation, white labelling, report generation etc. Minter is meant for advanced Instagram, TikTok, Twitter, Facebook and LinkedIn analytics built for agencies. Minter comes with advanced features like managing multiple profiles, team management, data export, report generation and white label reports. While social media analytics is one niche, there are other niches around analytics on sales data, customer data etc too like a proper reporting solution that can connect to data sources and build graphs and charts. This can be extended to CRM systems, marketing automation platforms, and ERP systems, to consolidate data from multiple sources and generate comprehensive reports with interactive graphs and charts.
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💻 💻 Technical chops
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💳 💳 Cost Analysis for 100 customers
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