(๐ Pro) indicates exclusive Trends Pro insights
๐ Problem
“If you build something for everyone, it works for no one.”
Big SaaS companies solve lots of problems for lots of people.
๐ก Solution
Micro-SaaS solves a specific problem for a specific group.
๐ Players
Dependent Micro-SaaS
Built on a platform. Platform risk is concentrated.
- ChimpCharge โข Stripe
- ilo โข Twitter
- Direct Memo โข Slack
- (๐ Pro โ)
- Super โข Notion
- Sheety โข Google Sheets
- Pipechat โข Pipedrive + WhatsApp
- Listenbox โข YouTube
- Chainfuel โข Telegram
- CartHook โข Shopify
- AutoIdle โข Heroku
- Leadsie โข Facebook
- OrgChartHub โข HubSpot
Integrated Micro-SaaS
Works across platforms. Diversification lowers platform risk.
- LiveRecover โข Shopify, WooCommerce
- Leave Me Alone โข Gmail, Outlook
- Mailbrew โข Twitter, Reddit, YouTube, Product Hunt, Hacker News
- (๐ Pro โ)
- Krisp โข Mac, Windows, Chrome, iOS
- Karma โข Slack, MS Teams, Telegram
- RabbitRabbit โข Mailchimp, Mailerlite, ConvertKit, Revue
- SparkLoop โข Mailchimp, ConvertKit
- Tresor One โข ING, Postbank, Trade Republic
Independent Micro-SaaS
- Placid
- Simple Analytics
- Headlime
- (๐ Pro โ)
- Snappa
- Upvoty
- Benji
- Plausible
- ScreenshotAPI
- Squid Alerts
- EasyCron
- Site Command
- RecTimes
- Upscribe
- Bybrand
- Storism
- SEOTesting
- Liinks
- Feedback Fish
- Proof Factor
- SimpleOps
- DropEvent
- Every Time Zone
- Commando
- Rezi
- Neat
- Userbase
- Splitbee
๐ฎ Predictions
- Platforms will clone features from popular plugins. Shopify now offers abandoned cart follow ups.
- Micro-SaaS will thrive despite platforms cloning features. Abandoned cart apps, like CartHook, Consistent Cart, and Privy solve problems missed by Shopify. (via Andrew and Tyler)
- Competition will increase. Exhaust data, like traffic, reviews and backlinks, point to the best opportunities. Headlime faces competition after a great launch.
- (๐ Pro) Big SaaS companies will subsidize Micro-SaaS to acquire customers. See HubSpot, Shopify, Ahrefs, ActiveCampaign, Mailchimp, Mailerlite and more.
- (๐ Pro) More Micro-SaaS apps will be built with no-code. RabbitRabbit uses Bubble.
- (๐ Pro) Dependent Micro-SaaS will suffer from platform risk. In 2019, Gmail introduced security audits costing $15,000-$75,000 per year. Causing Context.io and EmailMonkey to shut down.
โ๏ธ Opportunities
- Freelance to find valuable problems and your first customers. See Storemapper and RecTimes.
- Find Micro-SaaS ideas in forums. The founders of Memberspace noticed repeated requests in Squarespace forums.
- Build a Micro-XaaS. See NurtureKit, Conversion Crimes and Gloat.
- Offer subscriptions to digital products. See Page Flows, GoRails, Storytale, JustDjango and Start React Native.
- Use Micro-SaaS to reach large markets. MindBody went from gyms to yoga studios to any business with scheduling. (via Andrew and Prasanna)
- (๐ Pro) Integrate with platforms. Pingdom works with Heroku. Placid works with Ghost, WordPress and Webflow. Independent Micro-SaaS can integrate to reduce friction, improve discovery and acquire customers.
- (๐ Pro) Bundle apps to increase LTV. And spend more to acquire customers. See Designmodo, Sandhills Development and Conversion Bear.
- (๐ Pro) Build or buy apps. Use them as growth tools to acquire customers. Skillshare bought Coolors. Neil Patel bought Ubersuggest.
- (๐ Pro) Build apps with network, data or scale effects. Keywords Everywhere has platform risk. But power laws protect them from horizontal competition.
- (๐ Pro) Build on open source. See Cove (Ghost), Sidekiq (Ruby) and Lasso (WordPress). The “platform” is malleable. Which lowers less risk.
- (๐ Pro) Use your experience to build a Micro-SaaS. Robin Vander Heyden built a productized service. And software for others to build productized services.
๐ Haters
“Independent Micro-SaaS works with platforms.”
Some do. But they don’t depend on platforms.
“What about Medium-SaaS?”
Don’t take these definitions literally. They are heuristics. Think grey.
“Integrated Micro-SaaS is maintenance hell.”
There’s no free lunch. The tradeoff is lower platform risk. Independent Micro-SaaS avoids platform risk. And distribution gains from ecosystems. Like Shopify’s App Store.
“Everything has platform risk.”
Maybe systematic risk. Ever-present. It almost isn’t worth talking about.
(๐ Pro) “Gmail’s security audits are justified.”
Perhaps.
๐ Links
- Looking for Micro-SaaS examples โข The tweet behind the report.
- Growing a Highly Profitable & Remote Micro-SaaS โข RecTimes builds scheduling software for ice rinks.
- Traveling, Learning to Code and Bootstrapping to $25k/mo โข Storemapper was conceived, built and launched in 36 hours.
- (๐ Pro) Make Money Building Shopify Micro-SaaS Apps โข A tactical guide covering ideation, getting your first customers and long-term strategy.
- (๐ Pro) Going From Zero To $45K MRR โข Christopher launched Stockfox and StockSnap before Snappa.
- (๐ Pro) Sherlocked โข Apple makes third-party tools redundant.
- (๐ Pro) Micro-SaaS โข Concise notes from Tyler Tringas’ book.
- (๐ Pro) Becoming An Owner + Buying Companies โข Ryan talks about intense competition. And buying competitors.
- (๐ Pro) Strategies for a House of Brands or a Branded House โข The pros and cons of branded houses (Apple), houses of brands (Unilever) and hybrids (Coca-Cola). A guide for bundling strategies.
- (๐ Pro) Open-Core โข Open-source is monetized through enhanced features and services.