Insight certainty 4/5 debate potential 2/5

Low Search Volume Forces Niche B2B Startups to Rely on Customer Interviews

Daniel Hauschildt · Img.ly is Image Editing SDK, $2m in Revenues, Bootstrapped, GitHub Growth Channel · Nov 13, 2020 · at 17:25

Daniel Hauschildt, co-founder of Img.ly, discusses the limitations of paid ad experiments and A/B testing in low-volume developer search markets.

0:00 / 0:14exact quote · 14.5s
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“The volume for the search volume isn't that high that you can, let's say be a totally data driven company that, that numbers are so solid in, in let's say a month or something. Yeah. So, so you have to be, to do a guessing and talking to customers and we talk to our customers.”

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More from Daniel Hauschildt

Assertion Not checkable as stated
Img.ly Maintains an Exceptional Annual Customer Churn Rate of 2%
“No, then two percent per year, but cause it's really not, not even one person per month sometimes.”
Daniel Hauschildt Nov 13, 2020 ▶ 8:09 Img.ly is Image Editing SDK, $2m in Revenues, Bootstrapped, GitHub Growth Channel
Disclosure
Img.ly Bootstrapped Entirely From Reinvested Agency Revenue
“We didn't raise at all. The only money we took was, let's say, the initial investment of the agency, which meant, like, at the very, very beginning, for sure, one employee was, like, building it on the site, let's say, on, let's say, 10 hours per week, et cete…”
Daniel Hauschildt Nov 13, 2020 ▶ 6:43 Img.ly is Image Editing SDK, $2m in Revenues, Bootstrapped, GitHub Growth Channel
Assertion Not checkable as stated
Img.ly Reached $125K MRR in 2019, Averaging 2-3% Monthly Growth
“So I think 12 months ago we were like 125, something like that. And I can tell you that we, in average, it's like two to three percent currently that we are steadily growing per month in the last years.”
Daniel Hauschildt Nov 13, 2020 ▶ 9:41 Img.ly is Image Editing SDK, $2m in Revenues, Bootstrapped, GitHub Growth Channel
Disclosure
Img.ly Spends Roughly $1,000 Monthly on Paid Advertising
“I think it's like maybe a thousand per month.”
Daniel Hauschildt Nov 13, 2020 ▶ 12:00 Img.ly is Image Editing SDK, $2m in Revenues, Bootstrapped, GitHub Growth Channel
Assertion Not checkable as stated
Img.ly Had Around 400 Active Customers Worldwide in Late 2020
“Today around 400 worldwide.”
Daniel Hauschildt Nov 13, 2020 ▶ 7:26 Img.ly is Image Editing SDK, $2m in Revenues, Bootstrapped, GitHub Growth Channel
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