What is SaaS?

Software as a Service (SaaS) is a cloud-based service that allows one to access an application directly from the internet browser. The users do not have to download the software on the business network or desktop PC to use or update it. The software application you use can be anything from the office software, among other available business apps. Think of a SaaS model as a bank that protects every customer’s details while providing reliable and secure services on a wide scale. Although the individuals or customers connected using the SaaS model are many, they still do not have to worry about their personal information falling into the wrong hands.

Reasons to start a SaaS company

• Scalability

  SaaS ensures that your business can easily add services or storage without having to invest a great deal on actual hardware or software. As a result, the business expands easily due to the inherent scalability. Applications scale easily. Scalability is required for managing big data from different sources.

• Recurring Revenue

  With SaaS, one benefits from regular income since the customer can pay for monthly or annual subscriptions at once. The SaaS model allows customers to pay a one-time fee for the software making it easier to predict your monthly or yearly revenues.

• Global Access

  SaaS means that data is stored in the cloud. Therefore, users can access any information they need from any computer or phone device as long as it is internet-connected in whichever region they are.

• Low Cost

  SaaS Company is cost-effective, and dealing with SaaS is all about developing the software. Unlike the software installed before use, SaaS users do not have to worry about supporting various web browsers or experiencing local device problems. The service providers do not have to spend much money on expensive hardware.

Following are the top 15 business ideas to start a SaaS according to our research.

1. Social Media Posts
2. Marketing Automation
3. Video Editing
4. Telehealthcare
5. Chatbots
6. Team Communication
7. URL/Click Tracking Services
8. Designer Bookmarks
9. Billing & Invoicing
10. Email Management
11. Training and Mentoring
12. Course Platform
13. Website Monitoring System
14. CV Generator
15. Appointment Management
16. Trademark Search Tool

1. Social Media Posts

Social media is one of the popular platforms where people do marketing for their businesses today. This means that as a business owner, you need software that helps post relevant information to all the relevant social media networks. Companies require SaaS software that can collect information and statistics of all media social platforms. This makes this a perfect SaaS idea.

Example: Buffer, SocialPilot

2. Marketing Automation

A SaaS software that helps manage SMS, emails, and generally the company’s social media platform is ideal for market automation. With such software, it is easy to use effective marketing strategies and streamline the workflow and metrics of the company. Moreover, business needs to understand and measure the results of the marketing campaigns so that they determine whether they need an improvement or not.

Example: Zapier

3. Video Editing

Video editing software is essential for the success of a business. The program offers different filters, effects, and editing tools the users need to make changes in their videos. This will boost the company’s online presence. Although this idea has been for so long been led by big companies like Adobe, pricing has not been favorable. Considering SaaS can be cost-efficient and the best way to achieve more with little. Moreover, it is a good target idea because SaaS is flexible and offers so much room for adjustment in case of any changes.

Example: FlexClip

4. Telehealthcare

Healthcare professionals would want to keep in contact with their patients any time of the day, and this can only be achieved through the online platform. Telemedicine has allowed this practice for a long time and makes it a good SaaS startup idea. There are various telehealthcare software one can use to consult with patients online. This software adds convenience and accessibility to patients and doctors. A good example of such software is remote patient monitoring.

5. Chatbots

If you have ever wished to get a business assistant that does much at a low cost, a chatbot is a perfect startup. Chatbots do a lot of time-consuming tasks. There are a lot of advances made in chatbots that make them ideal for customer service and marketing. Chatbots offer instant customer services, data collection, recommendations on personalized products and help customers find easily the products they are looking for. The right chatbot allows customers to find products without having to click around the site on their own.

6. Team Communication

Team communication in the organization is the foundation of collaboration. It helps people work together through communication. In a company with many employees on different levels, sometimes achieving effective communication can be a problem. This is why modern-day companies highly demand software where they can have team communications in a single platform. SaaS team communication tools offer opportunities where teams converse effectively. The software also encourages effective project management and productivity among team members.

7. URL/Click Tracking Services

For businesses that have an online presence, tracking the URL or click information is important. Best click tracking software allows one to track their link or the visitors that have checked the website. Moreover, this service makes it possible to track traffic, traffic sources, sales funnels, and sales. A click tracking software automatically tracks almost everything that happens on your website. This makes the website owner know where they are wrong, what needs to be done, the type of customers that visit the web frequently and understand their needs. This, in turn, gives the business owner control over their website.

Example: Bitly, Rebrandly

8. Designer Bookmarks

Designer bookmarks are among the chrome extension micro SaaS that helps users to bookmark websites. The app automatically pulls all the relevant information from the website page source from where it is stored. This is a great SaaS startup idea because it makes it easier to get relevant information within the same web page instead of opening another page. The extension makes it easier to collect the information automatically. Also, designer bookmarks software helps by organizing the content of the websites so that the users refer to it later. The bookmark manager will work with the web browser or inside it to help the users save their content and access it when they return without opening another application.

9. Billing and Invoicing

The goal of billing and invoicing software is to calculate billable hours and develop invoices for the companies. This is applicable for both small and large organizations, and the best thing is that they are easy to develop. Billing and invoicing software is set to dominate the accounts payable market. This startup idea is aimed at improving the management of invoices and billing within the company. This is achieved by accelerating the process of approving invoices and billing and cut down fraud cases. The software does this automatically hence improving accuracy. Moreover, you do not need many resources to get the software and boost supplier relationships.

10. Email Management

The SaaS software will help manage and organize emails for individuals or organizations that receive many emails in a day. Sometimes, these emails are too many that it becomes difficult to handle them. The email management software uses different approaches, including color coding, sender, or folder by folder, to manage email from different senders, thus making things easier. Other software can sort the emails by their urgency or importance, and this helps the organization to attend to the most important messages first. The best thing about it is that it has many users and requires low maintenance.

Example: Sendinblue, Constant Contact

11. Training and Mentoring

This is a good SaaS startup idea because it sells a lot. All organizations, at some point, will need to organize training and mentorship for their employees. However, coming up with the right training and mentoring programs or even finding a suitable time to schedule the training can be difficult. Luckily for companies, SaaS allows for the use of certain software that can help organize training and mentorship for the employees ridding the owners of the trouble of overthinking. Moreover, some of the software will match the experts with the learners, automatically offering an environment where knowledge and topics that matter are shared.

12. Courses Platform

As a business owner, one needs to understand the importance of being updated with the latest trends. Employees need to understand what is happening in the market. SaaS makes it possible to develop a platform that can be used to train employees on the current trend. Narrow down the topic of interest and create a courses platform for the employees. You can sell these courses to other organizations which are interested in the same services.

13. Website Monitoring System

Website monitoring is a single term that involves website testing, performance, and functions. A website monitoring service or system checks the site and ensures it is up and working as required. Moreover, the website monitoring software facilitates other activities such as monitoring, alerting, and reporting on the website’s performance, health, and reliability. This helps the owners to detect any problem earlier and solve it immediately. Also, a SaaS allows one to find solutions that include performance metrics, Root Cause Analysis (RCA), and statistical insights into the interactions processes or the response times.

14. CV Generator

Writing a CV from scratch can be tedious and sometimes one can run out of ideas. Luckily, SaaS has made it possible to create and download a CV. There is a lot of CV generator software, and they sell well because they are highly demanded. This means that if one is looking for a perfect SaaS startup idea, this can work well. These tools or software allow one to create their CV in real-time and download it for printing. They offer online resumes from which one can make and build their resumes quickly and easily. Moreover, they also offer access to experts who advise as you continue writing. The process will only take a few minutes, and the CV will be already generated.

Example: Novoresume, VisualCV

15. Appointment Management

Meetings are a central part of the business. However, it is often hard to manage or schedule meetings time for a business. This is because of the differences in individuals’ calendars and priorities. One employee might be free when the other is engaged and calling these people in one meeting means finding the times that favor both of them. Whether it is for a team or individuals, the appointment managers can use user-friendly software to organize meetings and appointments. This is where appointment management software comes in. SaaS software helps in managing timings for meetings and also does a follow-up on all the requirements. This is a perfect SaaS business idea for the startup. One of the best software used for this task is Calendly that visualizes all the daily meetings and schedules on the dashboard.

16. Trademark Search Tool

In the bustling arena of SaaS startups, the inception of a unique brand is as crucial as the technology behind it. A Trademark Search Tool emerges as an indispensable asset for entrepreneurs who are on the verge of launching their ventures. It’s not just a tool; it’s a safeguard, a preliminary scan of the business landscape to ensure that your brand identity is not just unique, but also legally defensible.

Example: Squadhelp free trademark search

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