How much do you know about Micro-SaaS?

How much do you know about Micro-SaaS?
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How much do you know about Micro-SaaS?

Probably, the name sounds a lot like SaaS to us, since its initials refer to Software as a Service, and, although they are related, MicroSaaS has been part of the democratization of tools thanks to the new programming, which is allowing both For people like small businesses, to access online solutions by paying monthly or annually, without the need to purchase robust software.

 

 

What is the difference between SaaS and Micro-SaaS?

 

Let’s start with the concepts: A SaaS is a solution that is obtained under the license for an existing computer program. This usually involves an entire department or activity of the company. They are universal tools that have a wide range of possibilities and are provided as a service.

 

While Micro-SaaS is an existing program that is sold by subscription and that allows for solving a specific problem. Therefore, it is an option more linked to time and that does not become part of the property of the business. And of course, costs are absolutely lower without the need for any operating expenses. 

 

Now, knowing the concept of each one, we can point out the following as some key differences:

  • Scale: SaaS products are often larger and more comprehensive, offering a wide range of features and functionality. Micro-SaaS products, on the other hand, are smaller and more specialized, designed to solve a specific problem or fill a specific need.

  • Pricing: SaaS products are typically more expensive than Micro-SaaS products, due to their larger scale and more comprehensive feature sets. 

  • Target Market: SaaS products are frequently targeted at larger businesses, while Micro-SaaS products are more commonly targeted at small and medium-sized businesses and individual users.

  • Integration: SaaS products are often more difficult to integrate with other software solutions, while Micro-SaaS products are often designed to be easily integrated with other software.

 

Focusing on Micro-SaaS and everything that can be done with these solutions, we can highlight the following benefits:

  • Cost-effective: They are frequently less expensive than larger, more comprehensive software solutions.

  • Specialization: These are frequently designed to solve a specific problem or fill a specific need, which can make them more effective than general-purpose software.

  • Scalability: They can be easily scaled up or down to meet the changing needs of a business.

 

  • Ease of Use: They are designed with ease of use in mind, making them easy to set up and use.

  • Flexibility: They can frequently be easily integrated with other software solutions, allowing companies to customize their technology stack to meet their specific needs.

  • Lower risk: Since Micro-SaaS products are typically small and specialized, the risk of failure is lower than larger software solutions, which can be more complex.

  • Easy to try: They are easy to try to test before committing to a larger purchase.

  • Frequent updates: Micro-SaaS products are typically updated more frequently, which can help ensure they remain relevant and useful over time.

 

In this TKKader video you will find some great ideas for business in case you are interested in starting a business using Micro-SaaS:

Looking for Micro-Saas solutions that we currently use (perhaps without knowing that they are Micro-SaaS solutions) we found these five examples:

  • Grammarly: Free writing app to make your online writing clear and effective.

  • Time to reply: this allows you to optimize the time it takes to reply to emails using reminders.

  • Punkt: application with which you can make a personal diary using only one phrase each day.

  • TamperMonkey: used to run so-called user scripts (sometimes also called Greasemonkey scripts) on websites

  • Mailtrack: an application that lets you know if they’ve read an email you’ve sent, a kind of double confirmation checks like WhatsApp but applicable to your email.

 

Thinking of creating a solution with Micro-SaaS? We share the steps to take into account to venture into this business:

  • Find a niche market.

  • Know the needs of your micro-niche.

  • Validate the problem to solve.

  • Develop and launch a minimum viable product.

  • Get clients for your Micro-SaaS

 

The Rise of Micro-SaaS Post-Pandemic User spending on cloud services is estimated to have reached $400 billion in 2021 and continued to grow to reach $500 billion, according to Gartner.

 

The 10 most profitable niches for Micro SaaS today:

  1. Email Marketing

  2. Resume Builder

  3. Accounting Services

  4. Video/Photo Editing Services

  5. Human Resource Management (HRM)

  6. Content Management

  7. Learning Management System (LRM)

  8. Survey Compilation

  9. Team Management

  10. Customer Resources Management (CRM)

     

 

Interested in learning more? We share an extensive list of works and articles related to the subject:

 

https://microsaas.one/

Micro-SaaS Guide: Build a Profitable Business in 2023

SaaS marketers face skeptics.

WHY MICRO SERVICES BASED TECHNOLOGY IS BIG FOR TODAY’S MAJOR CORPORATIONS.

Risk Impacts of SaaS Cloud Computing.

Agile logic for SaaS implementation: Capitalizing on marketing automation software in a start-up.

A Cloudy Forecast for SaaS Companies Claiming Foreign Tax Credits.

SaaS: What Accountants Need to Know.

SAAS Sets the Stage for ‘Cloud Computing’.

Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach Nearly $500 Billion in 2022

Top 25 Profitable Micro SaaS Ideas to Explore in 2022

Qué es Micro-SaaS y 12 Criterios para Evaluar Ideas en este Sector

Author : Vanessa D”angelo
Degree :
Major : Marketing
Country : Spain
Language : English

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