Writing Tool

Business Idea: Start A Writing Tool in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$381K
Avg Startup Costs
$16.8K
Score
76
Market Size
Avg Revenue
Min Revenue
$30/month
Max Revenue
$2M/month
Avg Days To Build
75 days

Crafting compelling written content is becoming increasingly essential in today's digital age. Imagine developing a writing tool that could revolutionize how people write.

The concept is simple: create software that assists users in drafting well-structured and engaging content. This tool could offer features like grammar checking, style suggestions, and even AI-generated content ideas.

Such a writing tool has broad appeal, from students and professionals to bloggers and novelists. Whether for academic papers, business reports, or creative writing, users could rely on this tool to elevate their work.

The journey of developing this writing tool would involve research, software development, and constant updates to ensure it meets user needs. If you’re passionate about helping people communicate more effectively, this business idea could be your next big venture.

Revenue & Profitability

How much do writing tools make?

Startup Costs

How much does it cost to start a writing tool?

  • It can cost as low as $50 to start a writing tool.
  • It can cost as high as $50,000 to start a writing tool.

Learn more about the costs of a writing tool.

Examples Of Successful Writing Tools

Successful writing tool businesses and case studies

Reedsy, a book publishing services marketplace that connects authors with freelancers, has driven over $1m in GMV, features over 1,500 vetted freelance professionals, and sees over 1,000 projects every month.

$2M Monthly Revenue
$40K Startup Costs
Read by 11,353 founders

Discover how Dickie Bush grew Ship 30 for 30 from a newsletter with 300 subscribers to a $2.5M/year business using Twitter as a main growth lever and a pricing strategy that went from $50 to $800 for the course.

$208K Monthly Revenue
Read by 603 founders

See full list of successful writing tools.