I will tell you how to monetize your project
You have an idea, a side project or a real project ?
You have difficulties to monetize it ?
edit considering the number of projects you have proposed just as a comment (not counting the emails I have received), I made a FREE service for this post : https://crowmate.bubbleapps.io/ aha :)
before edit : Share me details in comments and I will give you some ideas how to monetize it, maybe find your product market fit or simply how to improve your system to earn more money with your existing project :)
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I have a future product I'm building that I'm not quite sure how to monetize, but please note the product will be on a website with other more traditional products (like icon packs, illustrations) and showing ads is off the table. At the moment, I'd be happy using it to simply get eyes.
The product is a color generator to help make picking colors for brands and websites simple. There are quite a few websites that do this, and my standout feature will be a way to demonstrate the chosen color palate in real world situations.
How would you monetize?
If your goal is simply to draw attention to yourself or your organization, a very simple way is to create an incredible product without any monetization and leave it free for users to use. In this way, the product will be a great ad for your organization, all you have to do is create another complementary product to sell that will give it an advantage over its competitors, which is the visibility thanks to the first project. This strategy works very well for products considered as commodities (i.e. products where all the players in a market offer a similar product where it is hard to get attached to the brand. Usually in this situation the users are just looking to take the cheapest one. For example airlines, that's why they make almost no profit).
That sounds like a great idea Matt.
Rather than build what you already have in mind, why don’t you reach out to a marketing agency that builds new brands from scratch all the time.
Then ask them what they’d pay for and build that 🙂
@Michael_Andreuzza @Visiwig you guys in same space and have same problem, don’t know how to monetize. What a coincidence:)
True, there is overlap with our audience. @Michael_Andreuzza even shared one of my webtools in his newsletter (thanks again!). I think he is on a good path, as he builds his audience, his reach will be desirable for advertisers, designers, etc.. Outside of ad rev, doing some affiliate marketing will likely be another avenue. If he could help small makers like me make sales, I'd happily share a percentage of the sales.
I'm focused on selling graphics under the freemium model, where I release a substantial freebie that also has a premium counterpart for sale. It's just one of my ideas (listed in the thread) doesn't quite fit the model and I'm looking for suggestions.
Users expect colorsandfonts.com for free....as other similar tools, and 9f they are full of ads...they look awfull.
Have you ever tried creating one "premium" product? I'd look at your stats to figure out your most used tool. Expand on that tool and offer that feature for $5 (or something small). Just see if you can get some sales.
I wanted to offer my services by creating custom palettes.
Now I am workig this side project, and when I am more advanced I am going to redesign Colors & Fonts and more likely add that service and see what happens.
Btw, let me know when you are ready and we put the tools you are working on on TUF
Hi, @El_crocodilo
In Ukraine, we have a lot of IT companies. Some of them are nice and well-known, some of them are pitch black. We've got a relatively small dev community (4,5k users), and someone constantly asking questions like "Is that company good? Should I consider their job?"
We've decided that it would be cool to create some service, that connects you with real employees of some company. You can ask questions about some employers and get answer from real people. All users will pass verification by admins and after that anonymized. Something like Glassdoor, but wit ability to chat.
Would you use service like that and can it be monetizable?
I cannot answer this question for you, but I can tell you how you can get the answer. Create an MVP this way: When someone asks you if this or that company is good, offer to conduct the survey for a certain amount of money ... If someone buys your service, then the market for this service exists and you just have to deploy your idea ;) On the other hand if nobody buys, don't waste time :)
Great idea, thanks!
I started a guide for Livestreaming dj sets/ music shows called quaranstream. How do I monetize?https://www.quaranstream.video
Who are the people who use their site? People who want to listen to music or other DJs?
Tough nut to crack... I know
People who want to listen to music come to the site in order to see what artists are playing, at what time, on what platform.
I am working on https://appcafe.com/
Thought behind this is
I am creating a platform that will help other developers launch their SaaS products.
For some reason i cannot send you PM, so ill write it here, hope you dont mind.
Please use github pages, netlify, vercel etc. to make this page load faster. Ive been waiting for over 10 seconds to see this static page - kind of a bummer. If i was just some random person i wouldnt survive to see it.
Thank you for your feedback. I will get this fixed.
Do you already have users ?
No, we are in product development phase. Product is expected to be completed soon. We need to start planning monetization.
Hey,
I created https://www.haiperlinks.com but I have no idea how to market it. Website is about sharing resources with others.
Is it a sort of blog ? I can't understand what is it ?
Basically, people post about a subject and others reply with useful links related to that subject.
So a form of closed blog-forum?
Yes, you could say that. There's no comments in the standard way though. The comments are links, so it's just sharing.
I've created an MVP of a product where you can type whatever you want into a text box but you don't see the words / letters, letting you focus on the message instead.
Site: https://flowtyping.herokuapp.com/
It reminds me of when people used typewriters, before the advent of computers, secretary training included learning to type with your eyes closed. Wouldn't there be a similar idea in your project? If so, maybe you could talk to some secretarial training institutes to get started?
I’d find an affiliate program for some sort of productivity tool and promote it.
Just launched https://www.tenably.app - A SaaS platform to simplify web accessibility.
what it does ? I can't understand what it is, can you explain me ?
We help business get measure the ADA Title 3 compliance of their website. Starting them down the path of inclusive design.
aaaah yes very interesting, maybe you must express it more clearly on your website cause as you see I didn't understood directly aha. And what exactly do you provide to your users with your paid plan ?
I will be adding more content. Feedback like this is what i need to ensure the information is sufficient.
We have the features listed for each plan on our pricing page here: https://www.tenably.app/#/pricing
There you go, https://astroip.co , it is a new IP Geolocation API I released 1 week ago.
Do you already have clients ?
Not yet. The API is currently being used by Free Tiered users. Hopefully I will start see some conversion over the next couple of weeks.
Any suggestion?
Already can you explain to me in which case is it useful and who uses it, I could better understand and propose you solutions? I'm not very good at developing aha
Of course:
AstroIP is an API which developers can use to retrieve geolocation and security insights from any IP address and ASN.
This can be useful to companies to offer location specific features like, apply geo restrictions to their content, offer location specific ads and offers. The API exposes security data points to detect potentially malicious traffic incoming to their servers.
I also built an additional endpoint which exposes information related to any ASN , like name, business type and network. This can be useful for research purposes as well.
I hope this clarifies what I am offering.
Hi,
Thanks for this! Here's my project - https://studiocinematic.com - a very simple-to-use video editor, focused on letting you do very fast video editing.
Having said that, I plan to release it on Feb 1st, 2021 - with 3 tiers ($9.99/mo, $19.99/mo, $49.99/mo).
Any pointers would be very helpful!
Best,
John
it seems really interesting but why in feb 1 2021 ? hen you're a start up, you must test fast each hypothesis that you have ... Maybe your plan will not work and you will lose many months for nothing, test it as soon as possible ... Do you already make money with your project ?
Well, sure. But this is not one of those "build in 2 weeks" project. To make something decent that people would use, you need to spend a LOT of time.
So Feb 1 2021 is early, not late.
I do get the whole "build fast" mentality, but this certainly doesn't fit it.
How can you test your assumptions sooner though?
Already if it's this kind of "easy to handle" product, don't stop this dynamic, offer a free and limited plan so that everyone can take advantage of this benefit. Then, for those who wish to move to a more serious plan because they really need the functionalities of your software, don't hesitate to create expensive plans, one at $20/m and one at $50/m for example. Even if the $50 price is not justified, there are always people who can afford it and just want the most expensive plan and in the worst case, the 50 plan will be used as a contrast to the cheap $20 plan :)
Right, thanks! That's my idea. Have the $9.99 plan as a "Lite" version, and have most people gravitate to $19.99, while having a Premium plan ($49.99). The premium will rock bit time, but I don't think I'll have the features ready until Feb 1.
Yes I think that it's a great idea that will work, have you already clients ?
Thanks! I don't yet have customers. I have people trying it out (I do google advertising). I also have a few payed beta testers, and based on their feedback, I'm fixing stuff.
I'm working on fixing bugs - it's a LOT of work. The thing is making this insanely fast is really hard, and I do break stuff every now and then, so I do need to fix, and re-interate.
I'm already behind a few weeks, but that's ok :D Long story short, in the last 2-3 months, I've been doing lots of optimizations and bug fixing. I do think I'll need at least one month to have most bugs solved, and then work on the Premium features.
The most important thing for you is to have customers, I understand that you are a developer and that it is in making good software that you bring value, but what's the point of making good software if nobody uses it?
I really advise you to focus on selling, if nobody pays, sometimes it's just that nobody needs it, there's nothing more annoying than spending months developing something that nobody needs and for which nobody will pay :/
While I understand what you're saying, I can't really sell it at this point - I do have some standards, and until I meet them, there's no point in asking for money.
www.juniorjobsonly.com - jobboard for juniors, I have tried to monetize job offers posting, but this is hard, any ideas? I have big database of juniors and some companies.
Some ideas:
The main thing is that you probably need to focus on building an audience ie. creating content.
I have audience. Group on Facebook with over 20 000 juniors.
The problem is - I do not have large audience of companies.
If I had an audience of 20k entry level IT people, I would first segment the audience to determine exactly what experience they have and where they live. You need to know what types of positions they will actually apply for because that's the value you have to offer. A bunch of people who won't apply for jobs or aren't a good fit, isn't worth much even if you have a million people.
Put yourself in the hiring managers shoes. What types of junior people would you want to hire to your team? Keep the competition in mind.
Once you have an idea of who wants what, then you have some data you can use to pitch companies on the value of working with you. Essentially, now you have an actual reason to be contacting them and a reason why they should hear what you have to say.
For example.
5000 Junior Front end developers or people with a strong desire to learn front end.
2000 Junior Back end developers
4000 Junior IOS developers
4000 Junior Android developers
1000 Junior Game developers
1000 Junior DevOps
1000 Junior Data Science
1000 Junior Security
1000 Junior Web
etc.
Maybe some of these people have experience in multiple disciplines or projects. Maybe some of these people live in the cities where companies are looking for local hires.
Go to popular job boards where companies are actively posting jobs and looking for entry level programmers. Scrape or write down the company names and contact person.
Use builtwith.com or hunter.io etc to get the contact info and Contact that person by email or phone. By phone is 1000% more effective. And say something like this:
"Yo contact person.....I saw that you were looking to hire a junior X dev from your listing on Monster. Has that position been filled? If not, I have an audience of 5000 people who would be a great fit for that position and can start immediately. Here's a link to my jobboard for juniors. If you post a listing, you will gets lots of responses immediately. I know because I just spoke with them yesterday.
For new customers we have an introductory price of X with a success guarantee. If you're not happy for any reason, you won't be charged, or you can repost for free until you're happy, or whatever is the smartest guarantee to give them. All companies have money so they prefer results over a refund.
We've worked with several companies like yours and have been able to fill lots of junior positions recently so I'm confident it'll be worth your time.
If you would like, we can work with you to create a job listing that will perform well but you can also use whatever you have.
Let me know if you have any questions.
Thx."
Send an email like this to every company, or even better, call them, and you will start to make money.
For each new customer you get, I would personally do whatever it takes to make sure they receive lots of great candidates. If they have a good experience, they become regular customers until you start failing them. Talk to your customers and ask them what they would consider to be a successful posting. Will they be happy if they get 10 applications or interviews from their listing? 100? What types of results are they currently getting with other websites? You want this information so you can make sure to out perform your competitors.
This is how I would start...You don't have to think much about things like pricing, just find out what your competitors charge and make your offering better. Couple this with a super attentive job board owner who will do whatever it takes to make sure his customers are happy and you have a business that makes money without a doubt.
Is there any reason you wouldn't try this approach?
Yes. I am planning to make it.
The problem is - big job boards offer juniors job offers for free. I have to have greater value than them which is community I think. There is no problem with offers for juniors - companies get tons of CVs. I have added to my offer managing of companies offers to get the best results.
You're saying companies don't need any more CV's and juniors already have all the job offers they need.
If this is true, why would you want to pursue this niche?
Now I try another approach.
You don't have absolutely no incomes from your website ?
Is real jobs or jobs as freelancers ?
Real jobs for Juniors in IT. I have few cents from this but not regular...
Hey! My project is a mentorship platform between college students and professionals, currently Portugal-only mostly due to the language barriers for users.
I already have 150+ students and 70+ mentors signed up. This is a small market - STEM and business students would equate to about 10k people total in the whole country, but I still have to run some proper math.
I'm having trouble monetizing this. Charging students a fee (a Tinder-like solution) could mean too little revenue. Recruiting companies might not find the platform interesting enough.
Thoughts? Thank you for your help! :)
Have you a website that I can look at ?
Oh sorry, forgot about that mate! Here: talentun.co
It's in Portuguese though, since it's for a portuguese audience. Cheers!
wow it's pretty interesting that there's +100 subscribers because I Cann't understand how it work's and what users earn by using your project, can you describe me a little bit more ho it works and in what domain are the students and mentors ? :)
Alright :)
So the students subscribe because they want to find mentors who can help them understand which career path they should take. The idea is that they can figure out what do their with their lives (or at least, their early career years) while they are in college. It's about eliminating the wasted potential of leaving college not knowing what to do with your life :)
As for mentors, currently, they're mostly volunteers who want to help out. I could see some benefits for them participating - they're helping out, they can spot young talents to hire for their team, they can network,... Long-term I'll have to think about how to bring more mentors in and how to motivate them to stay.
Right now I really need to figure out a monetization strategy. Some of my ideas are selling advertising space for companies who want to promote their employer brand (mostly big corporate companies), or develop a pay-per-session system, where companies can bring their HR staff inside the platform, have a "We're hiring" label on their profile, and students can hop in on a schedule set by the companies to talk about job opportunities - a bit like speed recruiting. At the end of each month, I calculate how many sessions they did and I charge accordingly.
Charging students to have extra sessions per month might also be good but the market might be too small for it to be profitable.
Hope it clears it up! Thanks!
Ok then what I'm thinking is that since there are more students (and there will always be more in the future) and it seems that students have more advantages than mentors I think it makes more sense to find a way to make them pay. I think that if you create even a small paid subscription for students, you will have some cash to pay for "full-time" mentors who can give advice to many students ... That might be a solution ...
The other solution would be on the contrary to serve students as your platform's products, the marketing shown to students would remain "find a mentor" and the marketing for mentors would be "find a competent and qualified assistant" so, mentors could give small missions to students. The registration for students would be free (in exchange for doing the missions requested by the mentor) and the mentor would pay the platform (but I would prefer this solution).
Mhhh... Never thought about having the mentors pay...Interesting! Thank you for your time! :)
aha no problem, I created a tip page if you want https://crowmate.bubbleapps.io/tip_us aha, in other case, good luck for your platform ;)
Hey there, thanks for the help in advance!
I am currently in the process of building: www.frontfigure.com (still under construction ofcourse)
It is an online platform which helps users to value their company or understand the financial feasibility of their company, up to 90% cheaper and faster than traditional methods.
I am have not yet tried monetizing, however, on an overall basis, I would think one of the best methods is online marketing, SEO and maybe going to a crowdfunding platform and have an agreement with them to market me as an option for users if they want to use my services. Overall, what do you think?
It seems interesting can you explain more precisely what do our website and how it help concretely the users ?
It make me think about kickstarter, when you create a project on their website, to help you to define the right goal to reach, they give you a simple excel that is really effective because of his simplicity aha
So basically, a user registers, answers a 20-30 minute questionnaire (where each questions is explained in simple terms) and then a report is generated which states the value of their company (or financial feasibility of their project, ie is their project profitable given its risk) and analyzes the results in a nice branded report. The user then has around 30 days to change their answers and accordingly their report anytime.
It is not like kickstarter, but it could compliment them. For example, if someone wants people to invest in their company which they value at x, they can then value their company via my platform and attach the report so potential investors can understand the reasoning behind their valuation.
Honestly, on a personal level, I am against plans when you start a project (because I think it never works but I won't explain why here because that's not the point and it would take too long) and I am even more against anything that allows you to "plan" a project all the more when you start. Nevertheless there is a case in which it works, it's the big capitals, the companies that have been around for +10 years and that are stable, I think you should focus on them, I think you will serve them all the more and in a more honest way. On top of that, they are easier to monetize because they have capital aha!
Thanks for the tip, will definitely do my research on that!
their is no problems ! If you think you need more details or talk about business, contact us at [email protected] and if you want to support us, click here https://crowmate.bubbleapps.io/tip_us ;)
I write about frontend programming on my personal blog http://felixgerschau.com/. I don't want to add intrusive advertising and the people reading my blog usually don't have the intention of buying anything (I tried Amazon affiliate links to related books).
everyone buy, it just that they want to buy something that you have don't think about ;) If you have regular readers who read every articles you write, don't hesitate to talk with them and ask them directly what are their main problems, maybe you will find a recurring problem, and you will can start selling them something they want
You're right, thanks for the reply :)
aha, if you need any business advices, contact me at [email protected]
Okay :)
https://pingr.io, here is mine
It seems that you have already a monetization system does it works ?
I maybe have an other idea, is it a premium service with an awesomely great quality ?
Previousy I had lifetime deals, which more or less worked in short term.
Plus I had subscription plans, like 10, 20 or 30 monitors per $10/$20/$30. I almost got no subscribers, and many people said that its way too expensive compared to alternatives.
Now I switched to per-usage modal. Haven't yet got enough traffic to know if it works or not.
I wouldn't call it premium service, just yet another uptime monitoring tool. I'm going to make it better than alternatives, but it takes time
Yes of course, it's not easy to improve aha! Well if it's not a premium service, I'm not sure how to monetize it because big companies that really need this service will pay premium competitors because they have capital and for companies that don't have enough means for premium services, this service is a must-have that is not necessary so it's very difficult to sell :/ After maybe I'm wrong
Gumhunt.com producthunt alternative for GumRoad products only and Lettersponsor.com for newsletter sponsorships
How do you determine or identify which products on Gumroad are doing well?
what do you tell to your readers in your newsletter ?
No readers but I will send top Gumroad product every day that rank on top
Hi! And thank you very much for doing this!
I run a niche visual search engine for lip colours https://lipcolourmatch.com/
I have so far tried affiliate based monetization, but unfortunfately many of the affiliate networks did not accept my site into their programs because it is not a blog and doesn't have enough content to pass the automated checks.
Exactly as said @saidatta123 , You answered by yourself to your problem, just create a blog, integrate your tool to your articles and then tell to affiliate platform that you're a blog. After they have accepted you as a partner, if you think blogging is not profitable as your service, focus on your service and stop write blogs, if your service make affiliate platform earn money, they will not get rid of you from your platform because they need you
Why don't you do that? Start a blog, hire a writer / write yourself. what is a lipstick, how to choose a lipstick etc. All about lipstick 101
Then tell them in the blog to use your tool to find color, and they can directly buy that color
Hi! I have goodilla.com where I'm posting news from gaming industry (short description with links to direct article).
There is possibility to write your own article, paste link, embed video (for example, if you are indie games maker or you have some business in gaming).
Ultimately, I want to resell games, but I don't know how to get there.
Thanks for any opinion.
It's typically like a blog, just do affiliate links to website selling the video games you're talking about XD (it's the MVP)
When you will start earn money with this simple strategy, come back to me, we will discuss more about the part with others video games makers)
Hi @El_crocodilo, thank you for the offer!
My open-source organization has two applications that have sound technology, but no sound business model.
Material Math brings unlimited mental math practice in a fun, beautiful interface to the web!
https://material-math.grey.software/
Technology that allows you to tune in to your friends and family in real time using peer-to-peer sharing.
https://toonin.grey.software/
You can view their code at:
https://www.github.com/grey-software/toonin
https://github.com/grey-software/material-math/
I spend most of my time developing the software education aspect of the organization, but I envision the teaching efforts being sustained by revenue generating software. I just haven't had the time to think out thorough business models.
If you'd like to discuss this further, let's find a time via http://meet.grey.software or you can chat with me async on LinkedIn (/in/arsalabangash) or discord arsala#6051
Hello, I've been thinking a little bit, so for your toonin project, I didn't understand very well myself so I prefer not to express myself, in revenge, for your mathematical application, I found two potential commercial applications.
The first one could simply be to create an application similar to Duolingo, I advise you the book hooked to learn how to create an addictive service, the objective is to sell the benefits for the brain of a daily practice of mental calculation. Then monetize with advertising and create a premium service to access more exercises.
The second solution could be to make it a platform of "school support" for children who have difficulties in mathematics, the platform would propose as in the first case daily exercises for the child and if he does not do them, the parents would be warned, they could also follow the progress of their child from an interface for the parents. This service would be offered on a monthly subscription basis.
Hey!
I have this side project with 400 to 600 users daily, likely more because some of them has is disable.
Its been out since 2019.
What would you here?
This is the side project. Colorsandfonts.com
Thank you so much !
It's quite hard to monetize because the value is not delivered by the service provided to the user but by the quality of the site itself, its simple and accessible use without creating an account. I would say that you should try to affiliate for what sells like typefaces for example on this page https://www.colorsandfonts.com/font-pairings add a button for each font that links to https://www.myfonts.com and other typeface vendors via an affiliate link on which you earn commissions. Try to do this for as much service as you can offer, but don't neglect the services you can't monetize because they will also serve to bring more traffic to your platform.
Yes, exactly.
2 weeks ago I removed 2 pages with resources for web developers and digital designers.
I had some affiliate, 2. For a year and a half. Including fonts.
Didn't made a single cent. Affiliates programs are only beneficial for the seller part...
Yeah, I think is useless to have a login for such a tool...is no point.
Although even if in 1 year of affiliation this site has not made any money, it is perhaps necessary to get used to the idea that it will not be able to have a direct monetization system. Another solution is to see the value elsewhere, if they are regular users, try to build a relationship with them, don't hesitate to force a little more email retrieval by blocking some features to be able to talk more often about your other business by email (statistics show that email is the best selling communication medium). And possibly try again email affiliation for external services and complementary services for developers even if they are not in your theme.
Actually, I run a newsletter unicornsfeed.com that cane out of there, and I have 2 affiliates and 1420 subscribers
Is monetized with sponsorships.
I just got started with https://techconf-db.com/ a concise list of all the is to know about tech conferences, venues and speakers in South Africa. Techconf-db has 2 main objectives; For attendees, a noise-free event list with up to date information. For organizers, an information hub for all things related to organizing a tech conference.
This comment was deleted 3 years ago.
aha thank you we will write you as soon as possible to provide you a great service ;)