5 Micro SaaS Ideas That Will Make Money In 2024 | Steal My SaaS Ideas

Summary

In this video, Eric, who generated over $4 million in revenue with his Microsoft business, shares five innovative ideas for microservices (MICRAS) that could generate significant income in 2024 and beyond. He explains what MICRAS are, using examples like Tinder and Cly, and highlights the benefits of building on established SaaS platforms for market research, customer acquisition, and billing simplicity. His ideas include a Slack recording tool, Google One Tap integration for e-commerce, features for task management platforms like ClickUp and Monday.com, and a repurposing app for social media using GPT. He also offers a free crash course and a comprehensive course to guide viewers through the process of building and monetizing their own apps.

Takeaways

• 😀 Eric, the speaker, has generated over $4 million in revenue from his Microsoft business in one year and continues to grow.
• 📈 The concept of 'microsaaS' is explained as a smaller SaaS product built on top of a larger SaaS platform, like Tinder on iOS and Android.
• 💡 MicrosaaS offers advantages such as easier market research, customer acquisition, and marketing due to the established user base of the larger platform.
• 🛒 Large SaaS platforms often have app stores where users look for solutions, providing an opportunity for microsaaS developers to be discovered.
• 💳 Billing is simplified with microsaaS as larger platforms handle transactions, passing revenue directly to developers.
• 📈 Eric suggests five microsaaS ideas for 2024 and beyond that could be profitable if implemented.
• 🎥 The first idea is to create a Slack recording tool that automatically records and shares huddles and calls within Slack channels.
• 🛍️ The second idea involves integrating Google One Tap into e-commerce platforms to collect customer emails, which merchants can use for remarketing.
• 📋 The third idea is to develop features requested by users on ClickUp's feature request page, such as different statuses for tasks and subtasks.
• 🗓️ The fourth idea is to create a recurring or repeating tasks feature for monday.com, which has a large user base of enterprise companies.
• 🤖 The fifth and final idea is to develop a Chat GPT plugin, specifically for repurposing social media content across different platforms.
• 📚 Eric offers a free six-episode crash course and a full-length course for those interested in learning more about building and monetizing microsaaS products.

Q & A

What are the five Microsoft ideas presented by Eric in the video?

The five Microsoft ideas presented by Eric are: 1) Slack recording tool, 2) Google One Tap integration for e-commerce platforms, 3) Features from ClickUp's feature request page, 4) Features from Monday.com's feature request page, and 5) A CAD GPT plugin for repurposing social media content.

What is the revenue generated by Eric's Microsoft business in the past year?

Eric's Microsoft business generated over $4 million in revenue in the past year.

What does Eric mean by 'micros SAS'?

Micros SAS refers to a software-as-a-service product that is built on top of a larger, existing SAS product. It leverages the user base and infrastructure of the larger platform to gain traction and functionality.

Why is Eric suggesting building on top of existing platforms like Slack, ClickUp, and Monday.com?

Eric suggests building on top of these platforms because they have a large customer base, making it easier to conduct market research, find customers, and build solutions specific to that market. Additionally, these platforms often have app stores and built-in billing systems, which can simplify marketing and revenue collection.

What is the potential market for a Slack recording tool according to Eric?

The potential market for a Slack recording tool is significant, as Slack has more than 35 million users, and Eric could not find an existing solution that meets this need.

What is Google One Tap and how can it benefit e-commerce platforms?

Google One Tap is a feature that allows users to sign in to websites with their Google account, automatically populating their name and email. Integrating this into e-commerce platforms can streamline the process of collecting customer emails, which is valuable for remarketing purposes.

How can one find ideas for ClickUp and Monday.com integrations?

One can find ideas for ClickUp and Monday.com integrations by visiting their respective feature request pages, which list features that users have requested but are not yet implemented.

What is the potential benefit of building a ClickUp or Monday.com integration?

Building a ClickUp or Monday.com integration can be beneficial because these platforms have millions of users, particularly in the enterprise segment. If an integration addresses a highly requested feature, it can generate significant revenue.

What is the idea behind the CAD GPT plugin that Eric suggests?

The idea behind the CAD GPT plugin that Eric suggests is to create a tool that repurposes content for social media, such as generating tweets from a YouTube video transcript or creating similar content for other platforms based on a TikTok video.

What resources does Eric offer for those interested in building Microsoft businesses?

Eric offers a free six-episode crash course and a full-length course with over 80 episodes that guide individuals from the beginning stages to generating revenue on the App Store.