What Makes a good SaaS Idea?

Is your SaaS idea worth pursuing? This is a crucial thing that you have to consider when starting to build a SaaS. In this article I will quickly sum up all things to consider.

1. Is it a problem that needs a solution?

   Not every problem requires a solution, some problem aren’t worth solving because they are such minor inconveniences that people may not even know they have it and even if they are aware about it, maybe it’s not a big deal.

2. Clear Target Audience

   A great idea must have a clear Target audience that you can identify and reach. If you are not sure about your Target Audience this could lead to building unnecessary features and a lot more guesswork.

3. Market Demand

   What makes an idea worth pursuing is market demand, talk to your Target audience on social media and see if they are actively looking for a solution.

4. Monetizable problem

   If you want to make money from this idea, you must solve a problem that people not just look for a solution but are also willing to pay for the solution.

5. Deliverability

   You may have found the perfect idea but is it something you can build a solution to? Do you have the skills required build and scale? Do you have the background expertise for this problem? & Ideally you have to be someone who has experienced this problem so you know what you’re doing and your Target audience’s pain points.

If you have an idea but still unsure of all this you can visit Profiolio and submit your idea to see who your Target Audience is, what problems they are experiencing & a lot more useful insights that can save you so much time and money.