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Hooked on $1K MRR, Tried Reddit and Google Ads, Still Stuck

Hey Indie Hackers,

I wanted to share a bit about what hasn't worked for us so far. We run a startup called Adsby—a tool that makes it super easy to create and optimize Google Search Ads with the help of AI. While we’re pretty good at paid marketing and have helped a lot of clients, ironically, we haven’t been able to crack the code for our own growth using paid ads.

Our Reddit Ads Experiment

We decided to give Reddit Ads a shot. They offer a $100 bonus if you spend $100, which sounds great—like cutting your cost per click in half, right? But unfortunately, it didn’t work for us. We targeted startups, small businesses, and agencies that seemed like they’d be a good fit for our product. Here’s what I learned:

  • Key takeaway: Reddit is not the Instagram of SaaS.
  • Reddit is more of a place to hang out and have conversations. People go there for bite-sized content, not to buy stuff.
  • The cost per click (CPC) is pretty high, but we assumed the audience would be more likely to convert. Our average CPC was between $1 and $1.50.

Google Ads: A Better Fit, But Still a Challenge

We’ve also been running Google Ads. It's a bit cheaper than Reddit, and you can target keywords that align with user intent. But despite all this, we’re still working to get the funnel we want. Our budget is probably much lower than what our competitors (both direct and indirect) are spending, so that might be holding us back. Here’s what I’ve found so far:

  • More reliable than Reddit—Google Ads feel like a safer bet.
  • Good for long-term campaigns. You’ll want to stick with it over time.
  • Google claims it helps SEO—I’m not convinced, though.
  • Cheaper, so you can run tests and then scale up your budget.
  • Competition is fierce. You need to be smart (maybe Adsby can help with that 😉).
  • Lead quality varies if your budget is small.

What’s Next: Trying LinkedIn Sales Navigator

We’re going to dive into LinkedIn Sales Navigator next for lead generation. The goal is to build a cohesive funnel across all these channels. So far, we haven’t nailed it, but we’re learning as we go.

If anyone has suggestions or wants to collaborate, I’m all ears! Let’s share ideas.

on September 12, 2024
  1. 2

    It all depends on where your audience is active. I'd:

    1. join specific Reddit and FB groups with agency owners

    2. partner up with communities for agencies (offer a win-win deal if they sell your tool to their students)

    3. Create YouTube videos (better than SEO!)

    4. Study the competition; how do they do marketing (look at Opteo, for example, I literally saw an ad on FB 2 hours ago)

  2. 2

    Thanks for sharing your thoughts and experiences! Every stage of SaaS growth is valuable, and each comes with its own unique challenges.

  3. 1

    This was valuable to know, thanks! I'm just moving away from LinkedIn actually. A lot of startups seem to be on X, and of course, Product hunt and even here! LinkedIn is more big business, or so I found. It's also VERY expensive for returns. I spent $1,000 on ads there before and felt it was not great use of money. I got better traction with Google PPC.
    It's all down to experimenting, right? Everyone's business and target market is different!

  4. 1

    Hi, I was about to suggest LinkedIn which you mentioned at the last part.

    Have you thought about listing on Product Hunt and G2 platforms?

    I suggest you to explore it.

  5. 1

    Where does you audience usually hang out, do you have a clear picture on your ICP and here are some experiments which you can run 3 weeks each but measure the outcome from each of them?

    -- LinkedIn ( use Sales Nav or Dripify for outreach ) conversations for every 15-20 people connected?
    -- Facebook ( Meta Ads either leads or direct sign up on your product) cost per lead should be less than $10
    -- Cold Email ( buy 10 domains, scrape data from apollo or outscraper and use instantly or smartlead) and A/B 4 emails. If you have between 3-5% sign up you are doing good
    -- Email 1 -- Biggest Problem
    -- Email 2 -- Interested.
    -- Email 3 - Case study
    -- Email 4 ?

    1. 1

      Today, I have started using Dripify, thank you. I will cold mails, too. What do you suggest for LinkedIn, do you have must-dos or not to dos.

      1. 1

        Start with one channel and stick to this for at least 2 weeks, I would recommend that you start posting on LinkedIN at least twice a day. Do you have a campaign for Dripify? I would be happy to review this and give you feedback

  6. 1

    Great report. Marketing requires some finesse, it's never a one size fits all sadly.

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