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Follow-up Question to post: What’s One “Boring” Business You’ve Seen Quietly Making a Fortune?
r/Entrepreneur
7/2/2025
SAAS TOOLS
SaaS | URL | Category | Features/Notes |
---|---|---|---|
[No specific SaaS tools mentioned in the content] |
USER NEEDS
Pain Points:
- Difficulty identifying niche business opportunities
- Over-saturation in software solutions market (many existing tools solving similar problems)
- Frustration with traditional business processes (e.g., manual pricing, opaque ordering systems)
Problems to Solve:
- How to identify viable niche business areas
- How to find unique problems worth solving despite market saturation
- How to modernize outdated industries (e.g., replacing phone/email ordering with e-commerce)
Potential Solutions:
- Leverage market knowledge to identify gaps in existing businesses
- Apply process knowledge from one industry to another
- Observe local social media for community complaints
- Engage directly with business owners to uncover pain points
- Bring startup mentality to old industries (e.g., transparency in pricing, reducing friction)
GROWTH FACTORS
Effective Strategies:
- Applying startup mentality to traditional industries
- Reducing friction in customer processes (e.g., self-service e-commerce)
- Implementing transparency (e.g., public pricing)
Marketing & Acquisition:
- Targeting industries with outdated practices
- Solving specific pain points for business purchasers
Monetization & Product:
- Creating value through efficiency improvements (e.g., time/money savings)
- Product-market fit achieved by addressing unserved needs in old industries
- Pricing models based on value of friction reduction
User Engagement:
- Building solutions that make users 'happy' through convenience
- Community engagement via direct conversations with business owners