Greg Isenberg - These 7 AI startup ideas will print $100k/Month (with proof)
The conversation explores the idea of identifying trends and building micro apps or productized services around them. The speakers discuss the potential of AI in creating subscription-based services, such as AI-generated Lightroom presets for photographers, which could disrupt the existing market of preset packs. They also highlight the opportunity in creating AI tools for e-commerce newsletters, although the exact demand is uncertain. Another significant point is the strategy of buying domain names related to high-value keywords to generate leads, a method used in industries like law and real estate. The speakers also discuss the potential of creating agencies around emerging software like Lelo, a CRM for creators, and the importance of personalized marketing using AI. Additionally, they touch on the trend of creating physical spaces like dog parks with bars, which cater to specific community needs. The overarching theme is the importance of identifying and capitalizing on emerging trends, whether in digital or physical spaces, to create successful business models.
Key Points:
- Identify trends and build micro apps or services around them to capitalize on emerging markets.
- Use AI to create subscription services, such as AI-generated Lightroom presets, to disrupt existing markets.
- Leverage domain names related to high-value keywords for lead generation, a strategy used in industries like law.
- Create agencies around emerging software, focusing on personalized marketing using AI.
- Explore physical business opportunities, like dog parks with bars, to cater to specific community needs.
Details:
1. 🔍 Identifying Trends and Creating Micro Apps
1.1. Trend Analysis as a Driver for Innovation
1.2. Micro App Development and Market Potential
2. 📸 Disrupting Lightroom Presets with AI
- Photographers traditionally use Lightroom presets to achieve specific photo aesthetics, creating a market for selling preset packs.
- AI can disrupt this market by generating Lightroom presets through XML code creation from uploaded photos, allowing for scalable preset creation.
- A subscription model can replace traditional preset sales, offering unlimited preset creation for a fixed monthly fee, e.g., $29/month.
- By using AI image recognition, photographers can generate custom presets by uploading a source photo, significantly simplifying the preset creation process.
- The preset market has high demand, evident from significant search volume for specific presets, making it a lucrative opportunity.
- Targeting ads on platforms like Facebook to users with Adobe-related interests can effectively reach potential customers.
- The business model promises high margins due to low distribution costs of digital products, potentially reaching 99% margins.
- The company can offer a library of pre-made presets or allow users to create their own, increasing flexibility for photographers.
- Keyword research can identify popular preset styles, enabling the creation of free sample packs to attract new users.
3. 🌐 SEO Domination through Domain Strategies
3.1. Cost-Effectiveness of Domain Strategies
3.2. Industry-Specific Applications of Domain Strategies
3.3. Profit Potential and Investment in Domains
4. 📧 Optimizing E-commerce with AI Newsletters
4.1. Automation in E-commerce Newsletters
4.2. AI-Driven Template Design
5. 💡 High LTV Software and Productized Services
- 80% of software users do not maximize their subscriptions, creating a market for service solutions to enhance utilization.
- Clavio customers have an LTV of ~$25,000, indicating revenue potential for optimization services.
- Identify high LTV software with a market cap over a billion and develop productized services to boost user engagement.
- There are opportunities for consulting in industries using large software solutions like Sage, similar to HubSpot or Salesforce.
- Transitioning an agency into a productized service can involve high-margin templates and digital assets, improving scalability.
- Develop plugins or custom builds for high LTV software using unique API knowledge, offering subscription revenue.
- Increasing software usage can lead to longer customer retention and potential acquisition interest from major companies.