7 Digital Research Analysis Business Success Stories [2024]

Updated: November 19th, 2023
Start A Digital Research Analysis Business

Here are some real life success stories of starting a digital research analysis business:

1. UXtweak ($480K/year)

Ľubomír Lajoš, the CEO of UXtweak, came up with the idea for their user research platform out of frustration with poorly designed products and a desire to make a worldwide product. They identified a gap in the market for affordable UX research tools and launched UXtweak with a focus on small and medium-sized companies. Since then, they have attracted big clients like Intel and Groupon and are constantly improving their platform to become the most comprehensive UX research platform on the market.

How much they make: $480K/year
How much did it cost to start: $300K
Current team size: 20

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Our $480K/Year Solution Can Tell If People Like Your Website

UXtweak, a user research platform with mainly big companies as customers, has reached an MRR of €60k within a year of launching, using mainly organic traffic and referral programs for customer acquisition, and has added six new tools since launch.

About
Ľubomír started UXtweak over 3 years ago
Revenue
Ľubomír grew the business to $40K/month
Costs
It cost Ľubomír $300000 to start the business
Read by 3,356 founders

So... can you actually make money with a digital research analysis business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. Zacks Investment Research

Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. Gain free stock research access to stock picks, stock screeners, stock reports, portfolio trackers and more.

Where they're located: Mobile, Alabama, USA

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5. DIGITAL.COM

Genuine reviews powered by real people opinions to help you find the best online tools for running & growing your website or online shop

Website traffic: 440K/month

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So... can you actually make money with a digital research analysis business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. SparkToro

Our mission is to make it easy to discover the websites, blogs, podcasts, social accounts, and publications that reach your audience.

Where they're located: Seattle, WA, USA
How much did it cost to start: $600K
Current team size: 1
Website traffic: 290K/month

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This Moz Co-Founder Created An Online Tool That Reached $75K MRR In Just 6 Months

SparkToro, co-founded by Rand Fishkin, created an audience research software that shortens research time from months to seconds, and has reached ~$75K in MRR just six months after its launch in May 2020.

About
Rand started SparkToro about 6 years ago
Revenue
Rand grew the business to $/month
Costs
It cost Rand $600000 to start the business
Read by 3,250 founders