5 Simple No-Code SAAS Ideas You Can Launch In 2024

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these five no code SAS ideas have huge potential for 2024 and if you start one of these right now you could end up like one of these people who either sold their company or raised millions of dollars with the power of no code so are you ready to finally make 2024 your breakout year Well if so here are five no code SAS ideas that you can steal for 2024 welcome back to the startup Studio everyone if you think that this video is just going to be me rambling off General ideas then you have another thing coming tell them Molly tell them I'm packing some serious value in this video that's that's right I'm not just going to be giving you the idea I'm also going to talk about the exact tools that you can use to build them we'll talk about how much money you can make from each of them and we'll also be giving you some shortcuts so that you can launch the smart way okay but before jumping into these ideas what is SAS and why is it the most influential business model for 2024 SAS stands for software as a service and it's basically where you build software once and then you charge people to get access to it on a monthly basis and there are three main reasons why investors love this business model first of all it is high highly profitable so average businesses have profit margins of around 20 30% software as a service has 70 to 90% profit margins then because it's software and you can access it from anywhere in the world it is incredibly scalable so you can build it once and have Global reach and finally because you're charging people on a recurring basis SAS businesses are selling for three times more than traditional businesses and that's why so many Silicon Valley investors are pouring hundreds of millions of dollars in these companies before you buy a yacht in the Cayman Islands let's get back to these ideas the first idea on this list is a dashboard so basically it is a hub that centralizes data and that really shows that data in a smart way for people to make decisions it can include graphs statistics charts and it really helps people make decisions and see things from a higher level so think of like an ads management platform for example where you'd be able to see how each one of your ads is doing how each ad group is doing how all the campaigns are doing how much you're spending and from that top level view you can start making decisions as a manager so how does this work well either you get the user to input data consistently over time and then you have specific metrics to show them or you dynamically pull in the data and then you organize it in a way that's easy to understand the key to being successful with this idea is to focus in on a specific Niche so for example you could Target people who are managing several vending machines who can compare how each one of them are doing on a higher level and make business decisions based on that you could Target it specifically to law firms or maybe to retail stores the more specific you are the better you are going to be at representing the numbers that that industry actually cares about right and focus on small medium businesses instead of going after these massive companies at first why well because there's quite a few of these individual businesses that you can get to subscribe for a monthly subscription and you can easily charge them $49 a month 100 customers that's $5,000 a month okay Christian but how do I build it well if you want to build a simple version of this you can build it leveraging air table as a database and softer as a front end if you're more confident in your no code skills you can jump into more complex platforms either bubble if you're trying to build it as a web app or flut orlow if you're trying to build it as a mobile app Okay Christian that sounds awesome but what are the downsides well one common downside is that if you are getting information from another source and that Source stops providing that data then you have a broken tool so for example Twitter at some point decided that they would only give access to their API essentially their data for a very expensive price they completely change their pricing from one day to another and for a lot of small medium businesses they couldn't afford that price anymore and they had to stop getting that data from Twitter and the shortcut to launch this idea because we're talking about literally crunching numbers here would be to get the data crunch the numbers create a report and then either put the report behind a pay wall or simply charge them for the report and of course you're not going to do that for 100 customers but you could do it for the first five figure out exactly how you're supposed to create that report and then it makes sense to build it out with software and that my friends brings me to number two since the dawn of time people buy and sell goods and if you are the one who's able to connect those people then you can take a commission that's exactly what people do with marketplaces so here think of Airbnb upwork Amazon basically they're just the middlemen for a transaction and you can usually take a transaction fee of anywhere from 10 to 20% of the transaction itself it really just depends on the industry that we're talking about here in fact a no code startup that is a Marketplace called Comet was able to generate $700,000 a month leveraging no code tools and of course the idea here is not to build another Amazon but if you look at chewy they pretty much built the Amazon for pet food they're generating more than a billion dollars a year so think of crazy niches maybe in the video game Space maybe in anime maybe secondhand shoes the beauty of this idea is to build specific for small niches and to become the place where people come to shop for that okay so what tools can you use to build marketplaces well if you just want it out of the box you can use a tool called share tribe now if you'd like to build a simple version of this you could build it with air table and softer this would be my recommendation for launch and if you want to build a more complex version you could use bubble let's say that you do this for antique violins that sell for $11,000 and you take a 15% commission that's $150 multiply that by 100 transactions a month and you could be making anywhere between $5 and $155,000 a month that's great Christian but what's the cheap code well in this case buyers usually just want to come to the platform they want to browse different items and then they want to select from those items so what you could do is simply have a directory of items and then when people ask to buy them you could facilitate the transaction manually and make a commission and then continue to build the software so that it's fully automated but this is the quickest way to reach Revenue wait what did you say you want them to subscribe to the channel yeah I agree I agree subscribe to the channel okay so for this third idea IDE let me tell you the story of swap stack they're a no code platform that allows sponsorships to find the right newsletters they facilitate the deal take a commission and make money and recently when they hit $20,000 in recurring Revenue every month they were sold to a company called beehive and guess what yes they were built with no code tools so what tools did they use to do this they built their first MVP leveraging air table which is a incredibly flexible database Z happier which allows you to shoot information around then they used webflow for the front end or the website and also had a couple of slack Integrations as well now Jake singer who is the founder of this company was able to generate more than $300,000 with this idea and I actually think that this idea could be stolen for specific niches so for example the other day I was watching a fishing video and I realized that this fishing channel had millions of subscribers and I also realized there were lots of other channels with millions of subscribers so what what if you became the representative of all the fishing Brands to sponsor these fishing creators and of course this is a small Niche but guess what you become the sponsorship platform for fishing companies and for the person out there who makes millions of dollars with this idea please bring me fishing okay so similarly to the last one the way that I would launch this would be actually by creating a database of people who are looking for sponsorships and then approaching some of the companies that might be good sponsors and simply connecting them and making money the other thing that you could do is find all of the fishing companies that are sponsoring events sponsoring newsletters sponsoring different influencers out there create a database of contacts that people can reach out to and then you can sell a subscription to influencers who want to find more sponsors for their channels okay so this brings us to number four which is a CRM a customer relationship management platform so these are platforms that track interactions between a company and its customers making it easier to manage and improve their relationships over time so think of things like customer support sales and marketing or even customer feedback now of course we all know there are dinosaurs in this industry companies like Salesforce or sapcrm but here what we're talking about is targeting small medium businesses specifically for the needs they have for the CRM instead of having these massive products that are super bloated difficult to use and just frankly dinosaurs so here the opportunity again is to cater specifically to a small need so for example what if we went after dentists who had a small practice or cleaners who had specific needs when it came to cleaning houses notifications post cleaning reports and thank yous interactions that other Industries might not have so really just think of any industry where these individuals might have specific needs and become the best CRM for those needs and then guess what you can easily charge $29 to $49 a month you get a 100 customers that's anywhere between $3 and $5,000 a month in recurring Revenue meaning that every single month you make $3 to $5,000 if you get more customers then each month you'll make more and more again the complete beauty of running a software business so in terms of tools it's pretty straightforward we built a CRM it took us 3 days it cost us $40 and we used softer and air table now keep in mind it's a relatively simple CRM and we can create all sorts of automations on the back end and we actually only Built the CRM so we could teach people how to use these two tools to build full web apps and yes if you're looking to get started launching your business with no code tools then we have a free course below we also have a newsletter you can subscribe to and we have some paid options that you'd actually like to work with us all of that in the description or weer no.com Okay so this fifth idea I'm particularly excited about because Chad GPT which was built by open AI actually announced that now you can build your custom gpts within their tool meaning that you can build an AI startup and cater it to specific niches so you could create a specific agent that would take care of question and answer for the automotive industry right so you could create one for Mercedes-Benz which really helps people guide them through their cars is trained on all of the data that you receive from the Cars themselves which is publicly available information and then this agent can very easily interact and is very smart in making the recommendations answering questions about the specific cars this is a place where the more specialized you are the better all you have to do is upload all of the inform information that you have about this you need to then train the agent give it a role give it a mission tell it how you want it to act give it a name even and boom you can sell it to companies or you can have people subscribe to that agent on a monthly basis Okay Christian but this is so complicated what are you talking about and how could I build it with no code well it's actually not that difficult you can build one in 10 minutes in chat GPT for simple ones or you can use other platforms like synth flow to be able to build out more complex ones with zero coding skills all you got to do is you got to upload data you got to train it on again profile its role and how it's supposed to sort of conduct that role and then you can deploy it as a chat bot you could have it interact within an app or you could even chat with it this is actually one of the latest features that synth flow has and guess what if you build these agents as gpts inside of chat GPT you can also sell them as part of a Marketplace that they're about to launch and in terms of generating money if you're just building a custom bot you could either charge a one-time building fee and just deliver them the product for about $5,000 or you could have them subscribe to it this really depends on the industry that you're in and I think this is a big opportunity because it's very timely and the people who take the time to learn it and get the best at it are the ones who are going to reap the rewards now the downside of this is that a lot of people will be building them just like apps but hey apps are still making so much money so I wouldn't be too too worried about the amount of competition and if I were you I would learn some no code skills a little bit of AI and I would start building the company so that 2024 can be your best year ever now if you want to launch your business but you don't know how to get started a big problem I see is people overthink they overanalyze and they end up in analysis paralysis it is way more important for you to get started if you'd like support you can contact us if you don't then just start jump in one of these tools start playing around with it and build the company of your dreams cuz guess what it's not going to be waiting for you and if you're in the process of selecting a no code tool to build your startup then check out this video because I actually used more than 200 no code tools and I told you which one were the best so check it out and don't wait until your dreams come true make them happen and I hope you make this year your best let's go
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Channel: WeAreNoCode - Learn No-Code!
Views: 141,680
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Length: 12min 48sec (768 seconds)
Published: Wed Dec 13 2023
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