Issue #119: Building $1K-$10K MRR Micro SaaS Products around AI Apps, Data Enrichment, Video Automation and Knowledge Bases PART-1
Hi fellow founders! Welcome to the 178 new subscribers who joined us this week. We are 33,000+ members now.
We are excited to share the latest Micro SaaS news, Micro SaaS Ideas, and AI trends to help you on your journey as a SaaS founder. Let's explore what's new this week!
This is the new format we are introducing from this week to bring you more closer to Micro SaaS ecosystem.
❤️❤️ Cool Product:
Boopos launched its Ambassador Referral Program to help sellers, buyers, and industry leaders earn referral fees by referring profitable online businesses (e.g., SaaS, e-commerce).
Benefits include referral rewards, no cap on fees, and a dashboard to track earnings. Sign up and start referring today.
🎉 ✨ Micro SaaS News this Week
(This saves you hours of time and keeps you up to date on what's going on in Micro SaaS)
Rahul hits $6K MRR with Enrich.so
Enrich is a real-time data enrichment API platform that includes Reverse email lookup API, Company data enrichment API and LinkedIn public profile/company API.
Enrich was launched in December 2023. It crossed 1000 users and $2.5K in MRR in April 2024 and Rahul got his first enterprise customer in May 2024.
🔒 👉 (Pro Members) See Deep dive report on products around ‘API Ecosystem’ covering 20+ products and 15 Ideas you can build in this niche.
Hyperspaces by Zeyad grows to $2.2K/month revenue.
It’s a journaling & life-logging app with rich note-taking, automated tracking, and advanced search for all your life events
Zeyad started working on Hyperspaces in May 2023. He launched an iOS app, a web app, a community for Hyperspaces and has grown it to a team of 6 members in a year.
🔒 👉 (Pro Members) See 30+ products making money around Journaling, Writing, Publishing and Blogging niches and 20 ideas you can build in this domain.
Lee grows Turn to $3.3K/m in revenue.
Turn turns audios into videos that can be shared on Instagram, TikTok, Snapchat, Twitter, YouTube, and more.
In April this year, Lee paused freelancing to focus on v2 of Turn
🔒 👉 (Pro Members) See Deep dive reports on products around ‘Video related Tools’ and ‘Marketing Automation’ covering 35+ products and 20 Ideas you can build in this niche.
AutoShorts.ai by Eric hits $40K MRR.
It is an AI video creation tool that allows you to fully automate a faceless channel.
Eric is a solo developer. He got the idea on Dec 20, 2023, got his first customer on Feb 01 and reached $1K MRR in Feb. It just took him a week to go from $30K MRR to $40K MRR in May 2024. He initially used Facebook ads, then more recently it has been through affiliates and word of mouth.
🔒 👉 (Pro Members) See 3 Deep dive reports covering 40+ products around AI and 32 Ideas you can build using AI
Hieu grows CompressX to $2.8K/month revenue.
CompressX is an offline video and image compression tool that reduces file size by up to 90% while maintaining quality. It also supports monitoring a folder for automatic compression.
It has now 4600+ users.
🔒 👉 (Pro Members) See 2 Deep dive reports on products around ‘Image Based Tools’ and ‘Video related Tools’’ covering 35+ products and 20 Ideas you can build in this niche.
Dottypost by Ankit reaches $2K MRR.
It’s an AI-powered LinkedIn growth tool. Dottypost generated $30K+ in LTD revenue.
The app is built using Bubble while Framer has been used for building the landing page.
🔒 👉 (Pro Members) See Deep dive reports on products around ‘LinkedIn, Instragram, TikTok & Other Social Platforms’ and ‘Search, Monitoring & Alerts’ covering 30+ products and 20 Ideas you can build in this niche.
ColorBliss.art by Ben hits $2K MRR
It is an AI tool to create printable custom coloring sheets
Ben launched ColorBliss in October 2023. It took 93 days to hit $100 MRR, 94 more days to grow to $1k MRR and only 26 more days to reach $2k
🔒 👉 (Pro Members) See 3 Deep dive reports covering 40+ products around AI and 32 Ideas you can build using AI
Hirevire by Sanat and Nikhil reaches $460 MRR.
It is an automated screening tool to collect video, audio and file responses from candidates.
It generated $66,237 total revenue in last 12 months. The major revenue stream remains LTDs via App Sumo. 55 reviews on App Sumo.
🔒 👉 (Pro Members) See 40+ products making money around Hiring, Jobs and Interview related niches and 20 Ideas you can build in this domain.
WeBuilda by Omosayansi reaches $1,868 A/MRR.
WeBuilda is a drag-n-drop website builder with integrated AI to generate Web content
It has grown to 300+ users.
🔒 👉 (Pro Members) See Deep dive reports on products around ‘Website Builders’, ‘NoCode & LowCode’ and ‘Headless Browsers & Headless CMS’ covering 35+ products and 30 Ideas you can build in this niche.
RevSurge by Evan crosses $1K MRR.
RevSurge delivers highly targeted, enriched leads every month in inbox.
Evan worked on this project for a few months on nights and weekends, beyond the regular working hours.
🔒 👉 (Pro Members) See 20+ products making money around Sales niche and 10 Ideas you can build in this domain
Micro SaaS Ideas for SaaS Founders
⛳ 💡 Micro SaaS for AI-powered Auto-Life Tracking and Journaling
There’s lot of data we generate every day through various sources like calendars, tasks lists, fitness trackers, activity and location logs, finance, social and other apps etc. Most people don't have the time or energy to manually log all of this and to find patterns or insights from this data.
Create a tool that automatically tracks and analyzes various aspects of a user's life using AI. The app should integrate and automatically pull in and sync data from connected apps and services to provide context. Using AI, this tool can surface insights and patterns that the user might not notice on their own. For example, it can reveal correlations between the user's sleep patterns and use of social media, or how their mood is affected by their daily routines or by eating certain food etc.
The app should also provide a simple interface for daily journaling and manual entries. The app can also provide users with context-aware prompts based on their activities, moods and schedule. See Hyperspaces for inspiration that has crossed $2.2K in monthly revenue. Exist is also a good product in this space with 1200+ paid users.
⛳ 💡 Data Enrichment APIs
Data enrichment APIs take a piece of data like company website, email, LinkedIn URL etc. and return additional information about that data point. These APIs gather data from various sources, such as public records, social media profiles or third party APIs etc.
Sales teams often struggle to find up-to-date details for their leads. A Lead Enrichment API takes a lead's name, company, or email address as input and returns details like direct phone numbers, job titles, and social media profiles. This would help sales teams quickly gather the information they need to reach out to leads effectively, saving time and resources. Another example of data enrichment APIs is for influencers and brands partnerships. Influencer marketing teams need to identify the most relevant influencers for their campaigns. They lack comprehensive data about an influencer's audience demographics, reach, engagement rates, brand alignment etc. A data enrichment API for influencers partnerships would help brands optimize their campaigns. Similarly, there can be data enrichment APIs for recruitment, investment and other specific niches.
For example, see Enrich.so which reached $6K MRR by providing person and company enrichment APIs. Check Abstract’s Company Enrichment API that provides detailed information about any company domain and is one of the popular company enrichment APIs.
⛳ 💡 Micro SaaS for Faceless Video creation and Scheduling
There's a growing trend of using AI to create faceless videos for YouTube and other social media platforms. With AI-generated voices sounding more realistic than ever, now is a good time to build a tool that makes it easy for people to create these types of videos.
Create a Micro SaaS that lets users create faceless videos around their chosen topics and provides them a complete AI generated video. This AI video tool can be specific for a specific niche or style like creating faceless ad videos, product demo videos, tutorial videos, cooking videos etc. The tool should let users schedule the posting of videos on social media platforms and offer basic customisations like AI voices, brand colours etc .
AutoShorts.ai has nailed this and reached $40K MRR by fully automating the creation of faceless videos. Repurpose Pie is specifically for tweets to videos generation. It hit $6K MRR in 2 months. TypeFrames is another inspiring example that has crossed $8K MRR. It lets users create videos for TikTok etc from text prompts. Users can create automations where Typeframes will watch their blog, Twitter, or LinkedIn account and create content automatically.
⛳ 💡 Micro SaaS to Extract Insights from Video Interviews
Companies and market researchers often conduct video interviews to gather insights from customers or users. Watching hours of footages and analyzing these video interviews can be time-consuming.
Develop a Micro SaaS that uses AI to find relevant replies, sentiments etc. from the video interviews and provide the key insights by identifying patterns and trends across the video interviews. Customers can input the interview objectives, phrases, relevant data about the interviews such as demographics, questions asked etc. so that the AI can provide context-aware insights.
For inspiration, see GetWhy that recently raised $34.5M in funding. Voxpopme is another example in this space. Its platform uses AI to analyze video surveys and live interviews from customers. Voxpopme annual revenue is $8.5M.
⛳ 💡Simple Knowledge Base portals
There are many sophisticated platforms like GitBook to create user guides, documentation for SaaS products, APIs, etc. But people still look for simple alternatives that are built on simple products like Google Drive, Notion, Coda, etc.
Create a simple knowledge base portal creation software that doesn’t make it complex with features. For inspiration see, HelpKit, a website/knowledge base builder that is built for the Notion audience has crossed $1800 MRR in 6 months. HelpKit dealt with the problem differently. HelpKit used Notion as its base and converted the content from Notion into an easy and usable Knowledge Base portal. While most Enterprise customers don’t like a system like this, but still there are many users who like a simple portal for their user guides and documentation portals.
⛳ 💡 In-app Microsurvey tool for SaaS founders
Showing a quick survey inside a SaaS product will significantly improve the quality of user feedback. When you couple this with exact timing based on user actions and segmentation, the quality of user feedback improves 10x. These products help to create highly customizable in-product surveys that yield high response rates coupled with advanced user targeting for segmented & specific insights. These products let SaaS apps ask users quick questions while they're using the app. This helps makers understand what users like or don't like. It's like getting feedback directly from the people who use the app at the right time.
Products like Refiner is doing well in this space. Refiner launched in March 2020 has crossed $2K MRR in January 2021. Established products in this space charging $100-$200/m.
🔒 👉 Get access to 1000+ additional ideas across 120+ niches in Pro version with data points, revenue information and more.
📈⚡ AI Trends this Week
OpenAI released a new model GPT-4o that accepts as input any combination of text, audio, image, and video and generates any combination of text, audio, and image outputs. ChatGPT Free users have access to GPTs, GPT Store and other features.
Google announced several new AI updates at Google I/O 2024. This includes new Gemini 1.5 Flash model, updates to Gemini 1.5 Pro, Veo video generation model, “AI Overviews” in search and more. Google is also rolling out a custom chatbot creator called Gems similar to Open AI GPTs.
Voice cloning startup ElevenLabs launched an AI-powered tool to generate sound effects from text prompts.
Buy Me a Coffee’s founder has built an AI-powered voice note app.
TikTok will automatically label AI-generated content created on platforms like DALL·E 3.
With 33,000 members, today our Micro SaaS HQ ecosystem is one of the biggest ecosystem exclusively meant for Micro SaaS builders/founders.
👉 Get your Pro subscription today - Get access to hundreds of Micro SaaS Ideas, deep-dive reports and access to a closed community of founders, builders and makers.
Sponsor This Newsletter:
👉 Now you can sponsor this newsletter now and reach 33,000 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
How did you find today’s issue? Let me know if you have any thoughts or questions. Just reply to this email – I read every message and use your input to make these emails better for you. Happy to connect with you on X and LinkedIn,
Cheers, Upen