In under 24 hours, by following up with me, you will be able to start a SAAS online business that can potentially earn you thousands of dollars per month!
This article, split into 5 parts, will tell you everything you need to know to start your own SAAS online business:
- What is SAAS?
- How to get a SAAS?
- My SAAS Services
- My Earnings and Setting Up
Part 1 – What is a SAAS service?
SAAS service or Software As A Service is simply an online software or an online service that you pay for to use.
For example, Mailchimp.com, which is a SAAS service, provides email marketing services that you pay for.
Another example is SEMrush, online software that offers SEO tools. Like Mailchimp, SEMrush is an online service that people pay for, so it’s called a SAAS service.
A SAAS service is anything you pay for to get an online service.
Now you will be the owner of a SAAS service, you will have your own company, and people will subscribe to your service and pay you monthly recurring payments.
Let’s say you have 100 customers using your SAAS service, and let’s say your service costs around 10$ a month; that means you would get $1000/month!
All you need to do is sit back at home and watch your passive earnings accumulate on your screen. It is such a great and simple way to make money.
Part 2 – How to get a SAAS service?
Now you may be wondering, “how can I get my own SAAS service or software?” The good news is you don’t need to develop one or learn to program, or even hire a programmer.
You can simply buy a SAAS software for as little as $40-$50.
So you are building an online business for only 50$! It is that simple.
You can purchase software from a website called codecanyon, this is what I did for two of my services and it is going great so far.
So what is codecanyon? Just go to codecanyon.net and you can find any software for about $50 or even $30.
In the PHP scripts section, search for SAAS, and you will find a lot of systems ready to use.
There are different price ranges, but you can easily find cheap SAAS services that you simply need to buy, deploy on your server, and then own the business.
There are many different kinds of SAAS software for sale. Some examples include discount networks, accounting and billing tools, email marketing systems, and even employee management tools.
Take your time browsing the services and choose the one you like best, the one that fits you and you feel that you can be successful with.
Part 3 – My SAAS Services
Now I will proceed to show you some of my own services and my own earnings to motivate you and so that you can learn how to do it yourself.
I will tell you what I bought from codecanyon and what services I am running and show you an example of my earnings.
If you check out h-socialproof.com, you’ll find the first SAAS service that I bought. I am hosting it and offering this service for free for anyone to subscribe and test it.
So what is H-socialproof?
Visit codecanyon again and search for social proof. There you’ll find the software I purchased.
It is a script that helps in digital marketing to increase your growth, get more clients, and increase your social proof online.
You are probably wondering how I could benefit from my SAAS service if it’s free? The answer is straightforward. This service is offered for free to get more leads and get more customers to promote my paid services.
The second service is called L-ink.me, a short link service that offers a free starter plan.
Having a free starter plan is important to have alongside premium plans because they can boost your subscriber account and increase sales.
Now search “URL premium shortener” on codecanyon, and you’ll find the software I purchased.
I bought this service for around $33, which is a good price, and I’m offering it to anyone. There’s a free starter plan (to attract more customers), a $7/month Silver Plan, and a $9/month Gold Plan.
Again, the idea is straightforward. It’s offered for free to get more leads, more people, and build my audience to then promote any paid service.
So you just go and search for a service that you want. If you have an idea that you want to develop and sell online, you can hire a developer. You can even program it by yourself like I do if you’re a programmer.
So these are the services I bought from codecanyon and now own. I also developed a service myself called H-supertools. It is a great service that offers plenty of digital tools.
It’s available for free and offers services like YouTube keyword tools, SEO tools, email tools, links tools, and so on. It’s all free, so I hope you will enjoy trying out the software.
Now let’s take a look at how I earn money from this service.
Part 4 – My Earnings and Setting Up
If I log in to my L-ink.me, in my earnings section, you can see that I made $4765 in January.
I made these earnings just by sitting back at home. This strategy works; you just need to think big and plan for a successful online business.
Hosting Your Service
Once you have your SAAS service, the next step is to host this service and make it publicly available. So you need a domain name and a server to host it online.
You might be worried that you don’t have any technical background and can’t perform all the necessary tasks.
This way, you can learn how to get your own service, your own business online hosted and publicly accessible by everyone.
So you get the SAAS service and host it online. The next step is getting customers. But before getting customers, we need to discuss how to get paid. How will people pay for your service?
Luckily, this is also implemented automatically inside these applications! If you go to the URL Premium Shortener on codecanyon, for example, you can see that it is Stripe and PayPal ready.
So if you have or create a PayPal account or a Stripe account, you can simply integrate it automatically into these services and start getting paid!
Keep in mind, though, that if you want to get these services and get recurring payments, you have to pay around $200 for an extended license.
You can easily handle this manually with PayPal or Payoneer initially (if it’s available in your country). When you get your first 100 customers, you can afford to purchase an extended license, start earning recurring payments, and fully automate your business.
If you’re interested in learning more about the power of a URL link shortener, click here.
By the way, you can subscribe to my URL link shortener L-ink.me to shorten your links and monitor them.
Part 5 – Tips
So we’ve went over the main idea, purchase and set up your SAAS business.
Now we get to the harder part, marketing.
I will start with the most important tip. Read on as this may change your life and even change the way you think.
I believe that in any online business project or any business 70% of the project is marketing and 30% the creation of the project itself.
So getting the service, hosting it, and making everything available is 30% of the project.
Now the remaining 70%, marketing and getting your first customers, is the next step.
This will be a bit hard for you at first if you are a beginner, but don’t worry, you can learn more about it if you check out my YouTube channel.
I explain there in my videos a lot about digital marketing. I have dedicated sections about email marketing, digital marketing, YouTube growth, Facebook marketing, building a YouTube channel, getting customers with YouTube, and so on.
Marketing in itself requires dedicated courses and videos, so you can refer to my videos to learn how to promote services online.
Some more important tips
First, always offer a free plan inside your service or a free trial like 7 days or 14 days.
Anyone can subscribe and test your service because, without a free trial, it will be harder for you to get your first customers. Whereas if you have a free trial and promote it, you will get many sign-ups.
After capturing the leads, you can use email marketing to market your premium plans, and so on. So remember to always offer a free plan for your customers.
Tips on ads
Another aspect that I want to shed light on is ads.
It is beneficial to set aside a small monthly budget for ads like Facebook ads or Google ads to promote your SAAS business.
For example, if you want, you can start at $50 or even just $30 a month to promote your service. But don’t run any ad campaigns before you learn about marketing!
Take a course on Facebook marketing or watch my YouTube videos or anyone who is teaching anything about digital marketing, such as Facebook Ads and Google Ads.
Why you need to learn about digital marketing
It is important to learn about digital marketing first so that you don’t waste any money.
Around four years ago, I wasted on Facebook almost $10,000 for nothing. That was back when I started testing ads without learning about Facebook ads, but at some point, I stopped, and I started learning.
I read documents, read blog posts, and took around 50 courses on digital marketing to get all the knowledge I needed before using ads.
You shouldn’t waste your time or money when you want to promote your services with ads; spending some time to learn about digital marketing will go a long way.
To sum up, simply find and buy a service of your choice, host the service, configure it, and make a free trial.
Then configure your payment, market your service, and sit back as you get your monthly recurring payments.
I hope you dedicate the time to digital marketing so that you can take advantage of this online business strategy. Make sure to share your thoughts down below in the comments.