9 Micro SaaS Ideas you can build by leveraging ChatGPT and OpenAI APIs
9 Micro SaaS Ideas you can build by leveraging ChatGPT and OpenAI APIs
OpenAI launched ChatGPT in Nov 2022 and it quickly became the fastest growing consumer app in the history. Practically overnight, this AI chatbot made concepts like large language models and generative AI go mainstream. The hype was absolutely unprecedented. It created immense opportunities for lean startups and solo founders who continue to capitalize on the AI wave.
The AI space is still trending. You can take advantage by building an AI Micro SaaS startup by using ChatGPT and Open AI APIs. Open AI has made it remarkably simple for developers to build AI applications that can see, hear, analyze, converse, and create content at an advanced level - without the need to have any machine learning knowledge.
If you are trying to find new SaaS ideas, we've picked some of the most promising micro SaaS ideas , that includes B2C as well as B2B SaaS ideas that be built using ChatGPT and OpenAI's AI APIs.
AI-powered tool for SEO-Optimized Blog Post generation from Audio/Video/Podacast
Creating content from the podcast/video/audio is a huge task to manually listen and create a text transcript in place. Create a Micro SaaS solution to solve this issue.
The SaaS product should be able to take the Podcast/Videos and generate content, transcripts, readily publishable blog posts, and clips from the podcast/video content. A SaaS product that can leverage the Podcast/Video as an audio source and generate content from it, by converting it into readable text, will help in creating content for any website. The product should also be able to generate blog posts, and clips from the generated transcripts. This is the fastest way for podcast creators and website owners to create content for their websites.
Poddin solving a similar problem got 7 paying customers in less than 1 month. Poddin made is really special niche tool with features like Speakers Detective, Filler Words Remove, Profanity Filtering, Transcript Player, etc. There are players adding AI flavor to this conversion to make the output content better and built ‘AI-based tool for converting Podcasts to blogsand social media posts’. Examples of some players in this space: Dubb, VoicePen.ai**, Podium**
VoicePen reached $1,600 in revenue with 65 customers within 30 days of launching. More relevant products - TalkNotes.io that reached $2500+ in revenue with 50+ paying users within 2 months of its launch and AudioPen.ai that made $73,000 in 2 months. But these are more for journaling but can be used to convert into blog content as well.
AI-powered personal journal app for Emotions and Stress Tracking
Journaling provides a therapeutic outlet for expressing and processing emotions. The act of journaling itself can serve as a calming ritual, reducing overall stress. Over time, reviewing entries helps identify patterns and develop effective coping strategies. This is one of the reasons why so many people love writing journals. That is where products like **Mindsera have built a niche around journaling and AI.**
Mindsera leveraged AI to look at the user’s daily journals and helps with thought analysis, entry analysis and eventually find a pattern in the user thoughts. Mindsera received $2.1M in funding in this space.
There are more examples of these products, for example Lifelight has reached $5K/month revenue in this niche. Daylio has crossed 110K+ installs. The same can be extended to Travel Journaling as well similar to Travel Diaries.
Micro SaaS for AI-powered Smart Scheduling:
Micro SaaS for AI-powered Smart Scheduling is like having a personal assistant for managing your time. Imagine a tool that uses AI to schedule your meetings, appointments, and tasks efficiently. It considers your preferences and optimizes your calendar for maximum productivity. It's a small but powerful solution that brings order to your day, helping you make the most of your time. Most of these products comes with included features like automated meeting notes, calendar syncing etc. These products allow users to set their preferred times for focused work, team meetings, email checking, or scheduling external meetings. Then, these SaaS solutions automatically organise various tasks to align with users' preferences and needs most effectively.
Below are a few products in this space that are profitable/received funding and growing fast.
- BeforeSunset: Received $425K in funding.
- Reclaim: Estimated annual revenue is $466.9K
- Motion: Motion revenue grew to $392K in 2023.
- Rise: Received $6M in funding.
- Mayday: Estimated annual revenue is $1.7M.
Micro SaaS for AI-Powered Quiz Generation
Generating quizzes from content can be challenging due to the complexity of extracting relevant information and structuring it into engaging quiz questions.
This process requires a deep understanding of the content, as well as the ability to identify key concepts and formulate questions that test comprehension effectively. Also, manually creating quizzes can be time-consuming and labor-intensive, especially for large volumes of content. SaaS products in this space leverages AI-powered quiz generation and automating the process.
By analyzing the content and identifying relevant topics, keywords, and concepts, these products can generate quizzes quickly and efficiently. This saves time for content creators and educators and helps generate hundreds of quiz questions from any content.
Questgen.ai with a similar solution has reached $4k MRR and also check out MagicForm.app that helps create Quiz with AI from any text. The related keyword ‘AI Quiz Generator’ also has close to 2000 search volume per month.
AI-Powered Sales/Customers Analytics Tool for E-commerce stores
AI-Powered Sales/Customers Analytics Tool for E-commerce is different because it uses leverages AI to give personalized insights for online stores. While normal analytics products simply show basic numbers; tools in this space predicts what customers might do and suggests ways to improve sales. Unlike regular analytics, it saves time by doing things automatically and provides instant information for quick decisions.
These tool looks at details like why people leave their shopping carts and how much a customer might spend over time. It's like having a smart assistant for online stores, helping businesses make better choices to sell things online more effectively.
Triple Whale Analytics has built a Shopify plugin for the same. Analyzify is another Shopify based product that grew to 500+ customers in 9 months and reached monthly revenues of $11K/m revenue. Creating products for an existing ecosystem is advantageous because these platforms come with a built-in audience actively looking for such solutions.
Micro SaaS for AI-Powered Deal Finder
Another micro saas idea can be to build an An AI-powered deal finder. It is like having a digital assistant that scours the internet for potential business opportunities or investment deals. It uses smart technology to analyze loads of data from different sources, like market trends and financial reports. Then, it presents you with the most promising deals that match your criteria. This concept can be extended to specific business areas like real estate, stock market, property searches etc. For example, an AI Powered Deal Finder for Properties can sift through tons of data from property listings, market trends, and past sales to find opportunities that match what the users are looking for. The automation of tedious tasks like data analysis and deal sourcing frees up valuable time for users to focus on strategic decision-making and business growth initiatives.
For example, Dealsourcr.com uses AI to find the best property deals for their users with inbuilt calculators. Dealsourcr reached close to $30K MRR. Dealsourcr has its own built in VA for each account, users simply drop in their ideal deals and virtual assistant will work to find the best deals.
Micro SaaS for Videos and Podcast Summaries
With the continuous influx of new video content on platforms like YouTube and a plethora of podcasts being published daily, it becomes increasingly challenging to sift through this vast amount of content to extract the essential information. Moreover, many users prefer to grasp the gist of a video or podcast quickly before committing to watching or listening to the entire content.
This need for quick summaries is particularly crucial for students who often need to review a substantial amount of video and audio material for their studies or research projects. However, the process of manually going through numerous videos and podcasts is extremely time-consuming, leaving individuals feeling overwhelmed and exhausted by the sheer volume of content they need to navigate.
Checkout VideoHighlight.com that solves the problem with video summaries. With Video Highlight, users can simply chat with the videos and get more information and also ingest the content into Notion documents. Also checkout Eightify.app and Sumly.ai that helps solve the same problem around videos, audios and podcasts.
AI-Powered Course Creation Tool with LMS
Course creators can earn substantial income with a good audience. However, in order to charge customers, they need a way to create high-quality content, which always requires considerable time. While there are numerous SaaS solutions in the LMS and course creation ecosystem, only a few are AI-powered. Among the most complex tasks in the course creation workflow is the initial creation of baseline content. Once this foundational content is established, refining and making updates becomes much easier.
This is where some of the latest AI-powered SaaS solutions for course creation are gaining significant traction. These AI-based tools automate content creation tasks, speeding up the process. Mini Course Generator reached $2.8K/month in revenue. Coursebox reached $5K MRR within 4 months of launching. Some of these SaaS products are also providing advanced analytics on how many students are enrolled, progress made etc.
Micro SaaS for Meeting Summaries
More and more companies are adopting hybrid or remote working models, where employees work from home or alternate between office and home. This shift has led to an increase in virtual meetings as teams need to stay connected and collaborate effectively.
However, with the rise in meetings, it becomes challenging to keep track of discussions and decisions made in each one. This is where meeting summaries come in handy. Meeting summaries provide a concise overview of key points discussed, action items assigned, and decisions made during the meeting. They help ensure that everyone is on the same page and aware of what was discussed, even if they couldn't attend the meeting. SaaS products offering meeting summaries automate the process of capturing and summarizing meeting content, saving time and ensuring that important information isn't missed or forgotten. Here are a couple of examples in this space.
Nyota.ai is trusted by thousands of teams across the world. OtterPilot auto-joins Zoom, Google Meet, and Microsoft Teams meetings to automatically take notes, allowing everyone to participate freely. OtterPilot has an estimated annual revenue of $19.1M.
Whatever software idea you pick, remember to initially build only a SaaS MVP , track your SaaS metrics and validate it before investing more time and resources.