No Code Platform

How Profitable Is A No Code Platform? (Updated for 2024)

Pat Walls

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Updated: September 11th, 2024

How Profitable Is A No Code Platform? (Updated for 2024)

So you want to start a no code platform?

And the first question that came to your mind was, “well, are no code platforms actually profitable?”

With a market size of $40.8B - there’s plenty of business to go around.

Especially considering:

You could start a no code platform with as low as $5
Based on our data, no code platforms generate an average of $3.69M per year
You could see gross margins as high as 95% with no code platforms

There’s money to be made. Don’t worry.

But, I don't want to spoil it all. Below we’ll cover everything you need to know when it comes to the profitability of a no code platform.

Let’s dive in!

Is a no code platform profitable?

Yes, a no code platform is generally a profitable business. However, you still need to consider several factors since these things always impact the overall outcome.

For instance, since average revenue is $3.69M per year with an estimated gross margin of 83%, you could expect to recover your investment within 12 months or even less.

But of course, it all comes down to how much you earn compared to the potential revenues of your no code platform.

To determine whether your business is profitable, you should earn more than your expenses in the beginning months. However, while you're in your first month, it can be challenging to know what to expect.

Therefore, you should maintain a record of your monthly expenses and income to determine whether you're meeting your goals. By doing this step, you can see how your no code platform is doing and if any changes or adjustments need to be made to enhance or maintain your efforts.

Is a no code platform worth it?

If you’re wondering if a no code platform is worth it, the answer is a big YES. With no code platforms, you have the potential to earn $3.69M per year (this is based on data reported by real founders).

Further, you could have your initial investment back within months. Simply put, it’s a business worth a shot, especially if you have the resources and make the necessary efforts to achieve or surpass the target.

With a market size of $40.8B, it will be possible for you to build something that grows and turns into a flourishing business. As such, it’s the type of business you might want to consider starting.

Of course, you must learn and understand every aspect of running a no code platform to ensure success. Still, as long as you have the initial investment and can endure a few months before your actual gains, this business could be worth it.

You might want to consider reading more specifics about successful no code platforms case studies.

Examples Of Profitable No Code Platforms

Here are a few examples of profitable no code platforms, and a few more details about them:

1. Yellow AI ($36M/year)

Raghavendra Kumar Ravinutala and Jaya Kishore Reddy, co-founders of Yellow.ai, conceived their idea during the smartphone boom in India post-2011.

Observing the potential for user engagement through mobile apps, they identified a gap in connecting these apps with enterprises.

Despite conversational AI being a nascent field in the country, Raghu and Kishore envisioned creating a bridge between mobile apps and enterprise systems, laying the foundation for their innovative product.

Is it profitable? Yes
How much money it makes: $36M/year

How Raghu Ravinutala Built Yellow AI to $40M ARR

Yellow.ai provides a case study on growing from a side project to a full-scale AI enterprise generating $36 million annually through AI-powered chatbots and strategic marketing techniques, making it a must-read for aspiring entrepreneurs.

Read this case study

Read by 416 founders

2. Framer ($2.4M/year)

Jorn came up with the idea of Framer after working with his co-founder at a company called Sofa, which they founded in 2006. Initially, they focused on building Mac apps but had to rely on agency work for major clients to fund their projects.

After gaining valuable experience, including working on the first native Facebook mobile app for iPhone, Jorn and his co-founder decided to leverage their combined expertise from Sofa and Silicon Valley to create a new startup. This led to the founding of Framer, aimed at building a lasting company for the next two decades.

Jorn explaining how they conceptualized the business

Is it profitable? Yes
How much money it makes: $2.4M/year

How Jorn van Dijk Built Framer To a $24M ARR Business

Learn how Framer evolved from a JavaScript library into a full-fledged, no-code website design tool, generating an impressive $2.4 million annually with over 50 successful Product Hunt launches.

Read this case study

Read by 364 founders

3. Thomas Frank ($2.1M/year)

In 2010, while in college, Thomas started a blog to share his experiments in getting the most out of college. Since then, he's applied his interests in productivity and self-development to YouTube, several podcasts, a book, and more. He got the idea of this business when he was trying to build a company's wiki and with the difficulties he faced with Google docs, discovering Notion blew his mind.

Is it profitable? Yes
What's the gross margin? 51%
How much money it makes: $2.1M/year
How much did it cost to start: $5

I Made $2.1M in Two Years Teaching People How to Use Notion

This case study explores Thomas Frank's successful business teaching people how to use Notion and selling templates, with sales reaching $2.1 million in two years and template sales currently at $120k/mo, showcasing his journey from blogging and YouTube to e-commerce and SaaS.

Read this case study

Read by 6,752 founders

Learn more about starting a no code platform:

Where to start?

-> How much does it cost to start a no code platform?
-> Pros and cons of a no code platform

Need inspiration?

-> Other no code platform success stories
-> Marketing ideas for a no code platform

Other resources

-> No code platform tips

How much can you make with a no code platform?

With a no code platform, you can make an average of $3.69M revenue per year (based on data reported by real businesses).

You can start with an initial investment as low as $5. Then, with proper knowledge and sustained effort, you could have an ROI (return of investment) within 12 months.

How much does a no code platform make a week?

Based on our data, average weekly revenue for a no code platform ranges around $77K. As such, you could see monthly revenues of $308K.

To know if your no code platform achieves the weekly profit target, you need to keep track of the total earnings you get per day. Afterward, you'll want to consider subtracting the expenses you have daily.

Learning your weekly profit can also show whether you're hitting your target goal for your no code platform.

How much do no code platforms owners make?

The income of a no code platform owner can vary depending on various factors such as location, size, competition, and the owner's business skills.

But to give you some idea, the weekly revenue of an established no code platform is about $77K. But this can be lower or higher depending on so many factors - it's almost impossible to say exactly.

While the potential for earning a good income as a no code platform owner exists, success in this field requires a commitment to providing quality products and services and building a strong reputation within the community.

No Code Platform Profit Margins

Generally speaking, a no code platform can expect profit margin of around 83%. Profit margins refer to the percentage of revenue that remains after deducting all expenses associated with running a business. In the case of a no code platform, profit margins can vary depending on various factors, such as the type and quality of products sold, the size of the store, and the level of competition in the area.

However, these figures can vary depending on the pricing strategy, inventory management, and overall efficiency of the business. To maintain healthy profit margins, no code platform owners must focus on managing costs, negotiating favorable supplier terms, and providing high-quality products and services to attract and retain customers. By doing so, no code platform owners can ensure long-term sustainability and profitability for their business.

No code platform owner salary

The salary of a no code platform owner is an unpredictable figure. It's significantly influenced by numerous factors, including the store's location, its size, and the degree of competition. An owner of a well-established no code platform, in a prime position, might see an average weekly salary around the ballpark of $63.9K.

But it's worth noting, such numbers aren't always consistent. The earnings can vary wildly, potentially swinging by as much as 80% either way.

Achieving consistent success and maintaining a reliable income stream in this industry requires a deep commitment. It's imperative to offer high-quality products, deliver impeccable customer service, and nurture a trusted bond with the community you serve.

Conclusion

In a nutshell, based on many of our examples, a no code platform may be a promising business to start - but the success of your no code platform mostly depends on your effort and your approach.

If you focus on these, you'll have a much higher chance of a profitable no code platform.

Part of

Starting A No Code Platform: Everything You Need To Know

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