FeedHive crossed $65K revenue 💸
Our 9-month-old SaaS, FeedHive, just crossed $65K in total revenue!
FeedHive is an AI-Driven Social Media Marketing tool.
We entered a very well-established market with this product, so no doubt, I am pumped that we managed to grow this to +$65K in revenue.
We're currently at $8,500 MRR and growing with around 20% per month.
We have more than 3,000 users and around 600 amazing users on a paid plan!
It's looking good 🚀
If we can keep up the rate, we'll pass $50K MRR when entering 2023.
Let's see.
We are working hard on adding new features and using cutting-edge technology to help our users get superpowers on social media!
Have a lovely weekend, awesome indie hackers 🧡
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Congrats! I enjoyed one of your YouTube videos awhile back about how you plan your week with Trello. You're a working machine!
Haha thanks a lot 😁
I try my best!
I'm happy you enjoyed that video.
Congratulations 🎈👏
Thank you!
Congrats. Looks great and I will have to check it out.
How did you market feed hive? What was the most successful methods for user acquisition.
Thanks a lot, Ryan 🙌
It's a great question!
We're using 3 different channels:
By far, the most efficient channel has been social media.
I'm very active on both Twitter, LinkedIn, YouTube, and Instagram with my personal brand, and so far, the product is mostly founder-led in that sense.
It's something we're actively trying to change though.
We would like SEO / Content and paid ads to become the main channels in the long run, since they are easier to transfer (to a potential acquirer in the future), and easier to reason about (predict ROI, CAC, etc).
Congratulations
Thank you 🧡
Congratulations. Happy weekend.
Thank you! Happy weekend 🧡
Most welcome.
FeedHive is great!
Thank you 🧡
Ai is encircling the whole marketing. FeedHive is a great concept and the positive thing is that it is AI based. which make it unique.
Congratulations for raising revenue in less than a year.
You are totally right!
Thanks a lot 🙏
This is awesome Simon. You deserved it and you make a great job in sharing your journey!
Thank you, Sunny 🧡
Congrats Simon, you are doing awesome work with FeedHive. And also you are inspiring other people like me to think from SaaS point of view with your YouTube videos which is really great. Keep it up.
Considering so much competition in the market for social media management tools, what gives you the motivation anyways to build it and how did you achieve this number in revenue in such a short span of time?
some tips would be really helpful.
Congratulations Simon :)
how did you come up with idea?
Congratulations, and it's very inspiring. Looking forward to learn and build many things from you savvy guys...
What CMS are you using to maintain admin resources?
Our entire app is built on AWS.
We're heavy users of Slack, and using SlackOps (which means we operate a good deal of our infrastructure directly from Slack).
This comment was deleted 4 years ago.
This comment was deleted 4 years ago.
Thank you!
Currently, we're a team of 4 - but I'm the only one who's full-time 😁