2 Digital Tools Business Success Stories [2024]
Digital tools are rapidly becoming indispensable assets for modern businesses. A digital tools business revolves around creating and selling software solutions that help organizations streamline their operations, manage tasks, or enhance productivity.
Starting this business involves identifying market needs, conceptualizing tools to address those needs, and then developing the software, often in collaboration with developers. You'll then market these tools through a variety of channels to reach potential customers.
Whatβs particularly appealing about this business is its scalability and recurring revenue model. Once a tool is developed, you can sell it to numerous clients, offering subscription-based services for ongoing support and updates.
With the growing reliance on digital solutions, a well-executed digital tools business holds the promise of consistent demand and significant growth potential. The key lies in offering innovative, user-friendly solutions that solve real problems for businesses.
In this list, you'll find real-world digital tools business success stories and very profitable examples of starting a digital tools business that makes money.
1. BIGFILMS ($720K/year)
Steven Liszka, a French filmmaker, came up with the idea for BIGFILMS after struggling to find funding for his own short film. He decided to create a business that could fund his projects and used his expertise in special effects to develop the Blockbuster Starter Pack. With a complete redesign of his website and a focus on storytelling, Liszka was able to turn BIGFILMS into a successful venture, generating over $35K in monthly revenue.
How much money it makes: $720K/year
How much did it cost to start: $10K
How many people on the team: 1
French filmmaker Steven Liszka's BIGFILMS generates $35k+ per month by providing digital tools that give filmmakers access to special effects, with video ads proving to be a game-changer for the business.
2. Sunlight Media LLC. ($240K/year)
After years of performing as a professional musician, Angelo Frisina developed skills in web design during his downtime on tour. Recognizing the demand for website development services, he founded Sunlight Media and grew the business through outsourcing and targeted marketing efforts. The company has since won industry awards and expanded its clientele, specializing in digital marketing services for the media and entertainment industry.
How much money it makes: $240K/year
How much did it cost to start: $1K
How many people on the team: 2
Sunlight Media is a digital marketing company with a focus on web design and app development, that serves different customers across various industries, and has won industry awards and is continuing to expand in terms of revenue, enterprise productivity, and brand value.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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