Using 'SaaS Arbitrage' to Make $3,000/Month Sending Texts
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- เผยแพร่เมื่อ 10 ส.ค. 2022
- Buy an API service for $1 and sell it for a 6x markup? Sounds great. You got to love the high margin business of SaaS arbitrage.
All in all this would only be a couple dozen lines of code for the backend - honestly maybe less. And if you use WebFlow for the front facing site you don’t have to code anything there at all... .
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The basic concept of it makes sense, but a single 1:1 arbitrage alone just won’t cut in the long term (as per the other comments below). The real value add for long term sustainability and true growth is to arbitrate multiple SaaS infrastructures into a single shiny package to deliver something truly new and/or convenient.
Genius. Yes, that captures the essence of this idea. Further, it is about being able to offer multiple services, and with dynamic features and pricing.
It's impossible to do this without either owning the source code to the SaaS, or operating at a loss lol
@@HUSTLERSINC says who? it is definitly possible but wouldn't bunch up a bunch of features and make the project harder to build, just one feature is enough and done, its possible because there are apis that allows for it to be done in this way and the person who built the original saas would not care because you are still bringing in business, its a win all the way around the board
This might be breaking Twilio ToS: "you will [...] (b) not transfer, resell, lease, license, or otherwise make available the Services to third parties [...] or offer them on a standalone basis".
exactly, it's just get rich quick porn
it breaks ToS only if they find out
@@1ERCO which they no doubt will
@@ThatAnnoyingStepdad honestly you might be surprised by how ignorant most people are. Unless you publically stated you were using them they would probably never know
@@ThatAnnoyingStepdad Best comment.
I would love to see a "build a saas challenge" especially the marketing side of it 😀
Marketing, yes.
Great video, Jordan! Just wanted to say that even as a developer, I would love a series of videos on making a no-code SaaS!
Don't worry, it's coming. 😉
@@millionaire-millennial Is it out? If yes, please create a playlist to binge watch 😉
@@PankajNikam th-cam.com/video/bnvc0AI3xMc/w-d-xo.html&pp=gAQB
The basic concept of arbitrage is: you buy low (at large volume) and sell high (at low volume). In case of Twilio, you don’t buy in large volume. What you can buy from them, your customers can do the same and bypass you being the middleman. You don’t have the advantage of a wholesale buyer here. Your concept is as good as a “hello world” example but won’t sell as a business.
Exactly, this example only works if you as the middle man provide a value add.
true, however there are ways to do it although doubting , it can be done, he'll just have to rank high in search engines and be everywhere in ads at the same time and boom you got a business
Would love to see a full series in action. From ideation to Cash In.
Most developers already know about Twillio, why would they bother with a more expensive no-body? I bet Twillio also provides an SDK + CLI and all kinds of tools to make it easier to use.
Don't target developers then, you can also add some custom stuff
Obviously you shouldn't target developers
The point of video isn't to recreate sms service. It's just an example of the concept.
"Most developers" don't think like this and that's why you not only should target developers, but also think this concept like an opportunity to work your business skills (as most developers lacks of)
Yup look like an ad to me
Great video, friend. Love and respect from a Bangladeshi.
if you do this, then you're also adding in an extra layer of API calls between the customer and the twilio API. So, one more layer where something can go wrong, if the customer had half a brain they'd use Twilio in the first place.
If using an API is your biggest problem, maybe dont operate a SaaS company? 🤣
sounds good - look forward to the saas challenge
interesting idea. I agree w/ some of the comments below that you probably would need to combine multiple tools into a well designed end combination-product with strong product-market fit in a very niched market. Please do create the "SAAS Arbitrage Challenge" using no code tools. It would be impressive to see it done from start to finish.
This is also exactly what 75% of VPN apps are doing
so what new value are you bringing on the market?
i would love a short series on building a saas with no code tools
Interesting take but you already talked about the faults in the beginning, you're selling text messages 7X higher than Twilio retail price. How are you justifying this cost to the end consumer? You gotta somehow add more value. Especially a prospect who is looking to switch from Twilio that may be expensive for them? You gotta offer more value than just the end consumer not knowing about Twilio just take advantage of their ignorance and charge them more, idk man..sounds like bad business.
The value add is less complexity (at least that's TextBelt's case). Twilio's API is more involved and this simplifies it.
@@millionaire-millennial Ah that makes sense.
The different types of online arbitrage include Amazon online arbitrage, where products are sourced from various online retailers and sold on Amazon, and retail arbitrage, where popular items are bought in one market and sold in another for profit. To profit from online arbitrage, one can source products at lower prices from online retailers and resell them at a higher price on platforms like Amazon, eBay, or Facebook Marketplace. It involves setting up an Amazon seller account, acquiring inventory, shipping it to Amazon FBA, and waiting for sales. Thorough research and strategic product selection are key to success in online arbitrage.
Helpful videos! I wonder if with these types of tools that you already know there is a customer for it because of alternative services, do you still go through all the phases like market validation, pre-marketing etc? Or is it approach of throwing against a wall and seeing what sticks : get an idea => build mvp in 2 days => buy some google ads => profit/go next
I've seen both strats and they both work. It depends on your goals.. If you want a long lasting and authority SaaS you'll want to really spend time building out and audience and community and premarket and build thoughtfully.
If you want quick money that will probably end in a dumpster fire then the burn and churn works too. I've seen people launch 10 startups in a month. Focus on one big thing or 10 smaller things. Its up to you and what you enjoy!
@@millionaire-millennial Yeah, I had 3 attempts in 10 months, which seems too slow. Especially since I always stupidly end up building product first without proper validation, because my coding side wins.
I feel you
Definitely interested in no code saas
No code challenge. YES please.
Please make the series showing step by step Saas business creation
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and also
th-cam.com/video/bnvc0AI3xMc/w-d-xo.html
Interested in video with NOCODE building SAAS
Amazing stuff
What could be reasons for using the arbitrage sms tool instead of twilio? Is it that it is faster to integrate with as a developer to get going faster?
Yes please to the no code challenge.
Interested in the challenge!
like the idea for "build a saas challenge"!
Hey there, i a bit new to your channel and i wonder the following.
when building a business you will need to handle taxes ect (also towards countries, for me outside the EU).
Whats the best way of dealing with taxes and accountancy in general?
The best way is to work with a tax attorney and CPA in the jurisdiction that you work/live in.
Hi Jordan please could you tell me can you send teat a to business owners
That's what appsumo kind of does
great video.. but how can start no code Saas on arbitrage something similar to this video. that can send SMS code to phone number. I want to start a saas business but I like this ideas of " ARBITRAGE "
this is my first time on your channel
Deji
lagos Nigeria
As a developer I would probably pay for this. I ran a poll on indie hackers to see if anyone else would pay for it, and to my surprise all four responses so far have been “no.”
I assume four is too small of a sample size, but in this case how do you know whether or not to trust the responses and pivot to a different idea?
Well 4 is for sure too small. I'd personally only pivot my idea if I had gotten a large traffic influx from my target market (hundreds+) and didn't get even 1% of them to convert. That's a pretty obvious sign something is wrong.
But there could be a lot of things wrong. Pricing, explanation of the product, prodding of the pain point, etc. Experimenting with each is where the hard part is.
Yes!!! Sass with only no code tools!!!
I’m experienced software developerand I’m very interested in saas arbitrage
I'm down lets see that challenge! :D
Thumbs up for nocode series
yes
yea but how does it work so those " sms" dont go to spam folder, cant be that easy ?
thumbs up for saas challenge
No code SaaS challenge would be awesome
Can someone explain to me why do people use SMS?
Over here where I live, I stopped using them ever since whatSapp (kinda like discord) came out because the provider charged ~0.40$ per message. (yes 0.40 not 0.04)
Businesses need to send SMS to customers such as "Dont forget your appointment on XX.XX.2022 at XX:XXpm" or OTP sms
Show us the build a saas challenge! (:
SaaS arbitrage for web hosting
Based on the information provided in the snippets, it seems that SaaS arbitrage involves exploiting price differences between software as a service (SaaS) products in different markets. To generate a monthly income of $3,000 by sending text messages, one could potentially explore opportunities in the SaaS industry where price differences can be leveraged through arbitrage strategies. This could involve identifying undervalued SaaS products or services in one market and selling them at a higher price in another market, thereby generating a profit margin. However, it's important to note that SaaS arbitrage typically requires sophisticated software and high volumes of trading, so careful research and understanding of the market dynamics would be essential for success.
How did your SaaS go creating advert copy I think it was?
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@@millionaire-millennial Good to see it isn't stopping you looking for a new project :)
I was about to start learning javascript but I guess I'll hold on since no code build a saas video is coming soon!
I'd still learn JS because no-code is just not there yet. The challenge I think will be quite a challenge! haha
The actual value is what's missing in the video starting at @4:24 . This whole concept (and a lot of others like it that never seem to end) is a waste of time because if it's this easy to replicate, with a few dozen lines of code, then it's this easy to instantly be saturated.
Hey does anyone now any video or how I can make this SAAS arbitrage business? Millionaire Millennial while you make a video how to start this business please?
anyone knows an sms bulk reseller with a good and fair price? with international numbers?
Yes to no code challenge
If it's open source, you can see if they are using twilio no?
Doesn’t look like it uses Twilio. It simply sends an email to one of those email addresses exposed by carriers. You can send an SMS by sending an email to these email addresses.
No code saas business
Hi,
My concern about such a site based purely on the user's unconsciousness of a less expensive solution, is that when he realizes there is such a solution, he no longer uses our service.
Our business is automatically not sustainable in the long term.
There would be a need to add value to users.
This is my vision, what do you think?
Very true
Amazon's entire business is Arbitrage and its a fortune 500 company. At the end of the day its not about being the cheapest, its how you sell it.
and if its not sustainable, so be it. You made money and thats all that matters onto the next thing
@@EdwardOrnelas I agree. But Amazon add extra value as immense variety of items, fast shipping etc. that's way people use it. Arbitrage by itself is not enough.
It's a short term skim from the oblivious. Doesn't mean you couldn't squeeze a few bucks though.
My friend and I have actually made my SMS SAAS and it was not easy, but we are generating in access of 3000 USD/mo. I don't recommend doing this if you don't know how to code.
Yea, I don't think no code tools could handle this currently. Maybe in the future.
They lowered the prices. Now its nearly as cheap as other Sms api providers
no code saas company challenge - id love to see that.
Already did it - check my Vids
build a SaaS challenge!!!
Build the training
And the real fun starts, when sombody uses your service to do something illegal. Sounds like a cash burning machine.
Do it
The idea of SaaS arbitrage is good, but this particular example of paying that much money for TXT msgs is pretty stupid.
looking forward for no-code SaaS series
Already done, check it out on the channel
lets do a nocode challenge!
Sounds good until you start dealing with fraudulent transactions. A good way to loose a lot of money.
Just wonted to point out that 0.8 cents is not "an eighth of a cent" :)
Lmao is this even legal? Clever idea.
You are just suggesting scamming people. It's not that anyone couldn't do this or think of this, it's that people don't do this because it's a bad thing to do.
Yes please no code video would be great
There is something incredibly depressing about exploiting unsuspecting customers lack of common sense to make arbitrage money... If you dedicate your life to that, my condolences.
I bought your class on Amazon FBA several years back. I want to be successful so bad, and I am praying that you would be able to mentor me, in any kind of way. I promise to not take to much of your time. But I would be honored to just have a chance to contact you and just get some clue on how I can be successful and take care of my family. My name is Ray. And I’m a huge admirer of your skills. Please let me know if I can email you or in any way possible talk to you. Thanks 🙏🏽
DM me on IG - link in the description
To make it work you'd have to make it much easier to use than twillio
Been doing this for over 3 years now with GoHighLevel. White labeled saas with twilio integration and reviling. Integrated with stripe. No coding
I've heard good things about GHL.
It’s really great. Saas arbitrage email, sms and phone calls. I run a web/marketing agency with it, but I up charge for sms and email campaign usage. And great online community. Let me know and I can give you a few demo from my account to check It out.
I would love to see a "build a saas challenge" especially the marketing side of it 😀