GeekAfterHours
  • How To
    • Plenty of Fish Search Without Registering
    • How to Hide Text Messages on iPhone?
  • Login Guide
    • How to Login (UKGPro) Ultipro Employee from Home (Mobile and Desktop)
    • wmlink/2step on a Walmart
    • DISH Anywhere
    • Walmart GTA Portal
    • Uinteract Login
    • myOLSD Portal
    • Paycor Login
    • Dayforce Trader Joes Login
    • My Office Tupperware Login
    • MyHR BFUSA MyBridgeStone Portal Login
    • AHRebates.com Rebate Form Submission & Reward Guide
    • MyTHDHR Your Schedule Login
    • OurTime Login
    • MyHTSpace Login
  • Gadgets
    • Best Projectors for Gaming
    • Best Cardstock Printers
    • Best Smartwatches for Texting
    • Best Headphones for Music Production Artists
    • Best 3D Printer for Cosplay
    • Best Tablet for OSU
    • Best Power Supply for GTX 1080 Ti
    • Best Monitor for GTX 1070
    • Best Walkie Talkie
    • Best Satellite Phone for Backpacking
  • Laptops
    • Best Laptops for Zoom Meetings
    • Best Laptops for Medical Students
    • Best Laptops for Online Schooling
    • Best Laptops for College Students
    • Best IPS Screen Laptops
    • Best Laptops for Machine Learning
    • Best Laptops for Revit Software
    • Best Laptops with Microsoft Office Bundle
    • Best Laptops for Adobe Creative Cloud
    • Best Laptops for Stock Trading
    • Best Laptops for League of Legends
    • Best Laptops for Mechanical Engineering Students
    • Best Laptops for Cricut Maker Cutting Machine
    • Best Laptops for Accounting
  • Guides
    • Best YouTube to Mp4 Converters Online
  • About Us
No Result
View All Result
  • How To
    • Plenty of Fish Search Without Registering
    • How to Hide Text Messages on iPhone?
  • Login Guide
    • How to Login (UKGPro) Ultipro Employee from Home (Mobile and Desktop)
    • wmlink/2step on a Walmart
    • DISH Anywhere
    • Walmart GTA Portal
    • Uinteract Login
    • myOLSD Portal
    • Paycor Login
    • Dayforce Trader Joes Login
    • My Office Tupperware Login
    • MyHR BFUSA MyBridgeStone Portal Login
    • AHRebates.com Rebate Form Submission & Reward Guide
    • MyTHDHR Your Schedule Login
    • OurTime Login
    • MyHTSpace Login
  • Gadgets
    • Best Projectors for Gaming
    • Best Cardstock Printers
    • Best Smartwatches for Texting
    • Best Headphones for Music Production Artists
    • Best 3D Printer for Cosplay
    • Best Tablet for OSU
    • Best Power Supply for GTX 1080 Ti
    • Best Monitor for GTX 1070
    • Best Walkie Talkie
    • Best Satellite Phone for Backpacking
  • Laptops
    • Best Laptops for Zoom Meetings
    • Best Laptops for Medical Students
    • Best Laptops for Online Schooling
    • Best Laptops for College Students
    • Best IPS Screen Laptops
    • Best Laptops for Machine Learning
    • Best Laptops for Revit Software
    • Best Laptops with Microsoft Office Bundle
    • Best Laptops for Adobe Creative Cloud
    • Best Laptops for Stock Trading
    • Best Laptops for League of Legends
    • Best Laptops for Mechanical Engineering Students
    • Best Laptops for Cricut Maker Cutting Machine
    • Best Laptops for Accounting
  • Guides
    • Best YouTube to Mp4 Converters Online
  • About Us
No Result
View All Result
GeekAfterHours
No Result
View All Result
Home Guides

SaaS Startups: How To Start

Daniel by Daniel
January 29, 2022
SaaS Startups
Table of contents
  • What is SaaS?
  • How to Start SaaS?
    • Identify your Target Market
    • Start with Planning
    • Test your Hypothesis with a Prototype
    • Choose a Pricing Model
    • Establish a Brand
    • Get Financing
    • Choose your Team
    • Start Developing
    • Develop a Marketing Strategy
      • Conclusion

If you have ideas to start a software company, you’ll need to consider many factors, especially starting a SaaS business. If you don’t know what to launch or what the current entrepreneurs do, you’re in the right place. 

Now, if you’re interested in how to start with SaaS, we have a step-by-step list to help you launch your business right away.  

What is SaaS?

Software as a Service enables users to access the application or software through a web-based application or browser. Any SaaS development company can create the product with their servers, hence “web-based solution” or “hosted solution.” If you’re planning to start a SaaS company, you need to create customer value by providing specific solutions. 

How to Start SaaS?

Using SaaS in the marketing industry is a perfect choice. Because of the popularity of marketing in this pandemic, software in this industry is skyrocketing. Hence, there is a need to automate routine tasks such as email campaigns, social media management to free employees from these repetitive duties. Thus, it allows them to focus on more important things.

So if you’ve decided in the marketing industry, let’s head on to the steps to start your SaaS business:

Identify your Target Market

You need to know what different markets want. From there, you can identify your targeted market. Some examples of a target market are start-up marketing companies or customers of ages 20-30 years old. To start with market research, create an industry overview, target market, and competitor’s analysis. 

Start with Planning

Planning allows your roadmap to become clearer. Write a traditional plan, or you can make a lean business plan. Well, we recommend lean planning since critical key points are briefly outlined. Lean planning is also short. With this, it’s easy to look for immediate feedback from potential customers, colleagues, and business partners. Because time is essential, you only need to spend a little editing and updating your plan. Lastly, it serves as a summary of your detailed business plan.

Test your Hypothesis with a Prototype

Creating a prototype allows testing your product which is essential when starting SaaS. Investors and colleagues are some who you should let experience the product. Furthermore, a prototype will let you know users’ perspectives when using a web-based application by collecting their feedback. From this feedback, you can enhance or build a new one.

Choose a Pricing Model

Now that you’ve conducted your market research, you should know the different prices your target money can afford. To do this, develop a monetization strategy. 

Establish a Brand

The SaaS market is highly competitive. Hence, establish a brand that differs or stands out from your competitors. First, you need to identify you’re going with your SaaS company. This way will define how your company will achieve in the coming years. Also, prioritize the quality of your service. Feedback is important to all startups. Hence, providing the best service is crucial to making customers satisfied. 

Get Financing

There are many options when it comes to financing your SaaS business. You can borrow money or you can get it from your own savings. Or, you can reach out to potential investors interested in your vision and business. 

Choose your Team

Of course, starting up a business means you need more than one person to achieve your goals. You might need a project manager, business analyst, full-stack developers, QA engineers, marketing specialists, and so on. They need to have relevant experience and see if they align with your goals.

Start Developing

Agile methodology is the best approach to monitor the development phase – from start to end. You can break down tasks into a small timeframe and manageable units with agile methodology. You can also monitor the progress of your employees. Lastly, it is easy to change agile methodology because of its short-period checkpoints. Thus, project failure is less likely to happen.

Develop a Marketing Strategy

A good SaaS application is nothing without a good marketing strategy. Also, note that marketing strategies with SaaS differ from products and services. One example is, you can offer a free trial for an effective promotion strategy of your SaaS application.  

Conclusion

Starting a SaaS business involves careful planning, consideration, and execution. We hope in our detailed guide; it will be easy for you to start your own SaaS company.

Daniel

Daniel

Daniel is inspired by innovative technology taking shape around the world and this is what motivated him to start Geek After Hours, a tech blog featuring how to guides about computer, laptops, mobiles, software, and gadgets. He also like to write reviews about technology products with an aim to help you make better buying decisions.

Related Posts

Why Can’t I See Comments on Facebook & How Fix It?

Why Can’t I See Comments on Facebook & How Fix It?

by Charlotte
January 16, 2023
0

...

take screenshot in samsung galaxy A32

How To Take Screenshots On Samsung Galaxy A32

by Alicia Molony
January 16, 2023
0

...

How To View Snapchat Stories Anonymously? (Best Snapchat Story Viewers)

How To View Snapchat Stories Anonymously? (Best Snapchat Story Viewers)

by Charlotte
January 17, 2023
0

...

A Business Coach discussing after looking at the tab.

What Are the Advantages of Employing a Business Coach?

by Deepak
October 21, 2022
0

...

Two men playing online games.

Gaming in 2023: What New Tendencies Will We See

by Deepak
October 18, 2022
0

...

gah-logo

Affiliate Disclaimer

Geek After Hours is a participant in the Amazon Services LLC Associates Program which is an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

Best Cameras

Best Low Light Video Cameras (Value for Money)

10 Best Cameras for Filmmaking on a Budget

5 Best Cameras for Stop Motion Photography (Expert Choice)

5 Best 16mm Lens Cameras (Tested by Professional Photographers)

4 Best Ice Fishing Cameras (Expert’s Opinion)

(Top3) Best 360 Camera for Real Estate Reviews (According to Experts)

Best Laptops

10 Best Laptops Under $800

7 Best Gaming Laptops Under $600

13 Best Gaming Laptops Under $1500 (Top Picks)

Best Gaming Laptops Under 2000 Dollars (Top Picks)

Six Play-To-Earn Online Games To Consider In Your Free Time

Different Ways You Can Use Cryptocurrencies In The NHL Industry

  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms
  • Write for us

© 2022 GeekAfterHours. All Rights Reserved

No Result
View All Result
  • How To
  • Login Guide
  • Gadgets
  • Laptops
  • Guides
  • UKG PRO ULTIPRO

© 2022 GeekAfterHours. All Rights Reserved