this post was submitted on 26 Nov 2023
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I have a SaaS idea, but its from another developer. I mean, he is charging $199; I can do it and even sell it for $10. But feels odd to just copy his idea.

He made around $10K+. Its a SaaS starter template. All the features are just basic features, he just made a wrapper around everything.

PS: The code and everything, I can do it on my own.

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[–] Effective_Path_5798@alien.top 1 points 11 months ago

Go for it! If there's truly a market for this, it'll be good to have multiple options available. I wouldn't undercut the price so much though.

[–] Prestigious_Tax2069@alien.top 1 points 11 months ago

Look at it as inspiration , I can't imagine how our mind can invent something without being inspired by something else or other things.

[–] GolfCourseConcierge@alien.top 1 points 11 months ago

Yes. This is common. The idea is nothing. Marketing and execution is everything.

[–] nospoon99@alien.top 1 points 11 months ago

So you're going to charge 20 times less. He made 10k. It means you're hoping to make $500?

[–] Klaud10z@alien.top 1 points 11 months ago

Marketing is everything. Are you talking about shipfa. st, right?

[–] RazePT@alien.top 1 points 11 months ago

That's basically what Chinese do

[–] upendravarma@alien.top 1 points 11 months ago

Do it without a second thought.

After talking to numerous SaaS founders, here’s how I think about,

In B2B SaaS world, it’s much easier to succeed in a proven market category with 100s of competitors. Infact the earlier you start, you will need work a lot on PMF & you need to lots of funding to educate the market.

Of course if you’re too late, it means that,

  • VCs might not fund you
  • You can’t build a billion dollar business

But if you’re looking at building a stable 5-10 MN revenue business, it’s much better to stick to established markets. You will know what product to build on day 1 with minimal experimentation. Once you figure out your unique positioning & niches, your focus will always be on finding out those 1-2 effective growth channels that work for you.

Here’s an example of how Karsten is doing it in a highly competitive space,

How we are growing our SaaS in a highly competitive space

[–] Snoo93640@alien.top 1 points 11 months ago

Ideas are meaningless, execution is everything and competition is good

[–] EchoesOfCode@alien.top 1 points 11 months ago

If you both solve exactly the same problem, why would you sell it for just $10 when he can sell it for $199?

From experience, it's easier to find 1 customer at $100 than 10 customers at $10. Also, I have noticed that customers who pay a cheap price require more support (questions, complaints, feature requests) than those paying a high price.