Start An Internet Privacy App
About
Starting an internet privacy app requires a great deal of effort, dedication, and most importantly passion.
If you're interested in how to sell internet privacy app, or selling internet privacy app online, you can use this page as a guide for everything you'll need to know.
Want to learn more? You can check out our full guide on how to start an internet privacy app ➜
Key stats
Startup Costs
| Min Startup Costs | Max Startup Costs | |
|---|---|---|
| Office Space Expenses | $35 | $3,250 |
| Employee & Freelancer Expenses | $0 | $5,500 |
| Equipment & Supply Expenses | $500 | $5,000 |
| Website Costs | $232 | $6,500 |
| Business Formation Fees | $600 | $4,700 |
| App Creation Costs | $1,099 | $20,099 |
| Software Expenses | $150 | $3,044 |
| Advertising & Marketing Costs | $0 | $3,050 |
| Other Expenses | $0 | $800 |
| Total Startup Costs | $2,616 | $51,943 |
Successful Businesses
| Business | URL | Rank | |
|---|---|---|---|
|
craigslist | losangeles.craigslist.org | #154 |
|
LOWE'S | lowes.com | #474 |
|
Nextdoor | nextdoor.com | #1,994 |
|
Private Internet Access | privateinternetaccess.com | #13,860 |
|
Qustodio | qustodio.com | #34,183 |
|
VyStar Credit Union | vystarcu.org | #45,176 |
|
LA Metro Home | metro.net | #115,149 |
|
First Internet Bank | firstib.com | #199,437 |
|
Mine | saymine.com | #315,480 |
|
Indianapolis Public Library | indypl.org | #331,627 |
|
BlueLA | bluela.com | #490,466 |
Pros & Cons
| Pros | Description |
|---|---|
| Flexibility | You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own. |
| Ability to start your business from home | It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning! |
| Scalable | With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers. |
| Traffic to your website | A internet privacy app gives people a reason to visit your website and to keep coming back to you! |
| Meaningful business connections | You never know who you will meet as a internet privacy app. This could be the start of an incredible business opportunity! |
| High margins | The gross margins for your internet privacy app are typically around 65%, which is considerably high and allows you to grow your business and manage costs easily. |
| Cons | Description |
|---|---|
| Longer Sales Process | A internet privacy app can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers. |
| Security Issues | With any Saas business, data loss and security issues may arise throughout your process of building your product. It's critical that you understand exactly what you're responsible for and how to avoid potential issues down the road. |
| High employee turnover | In the internet privacy app, employee turnover is often high, which can be quite costly and time consuming for your business. It's important to try and avoid this as much as possible by offering competitive pay, benefits, and a positive work environment. |
| Taxes | As a internet privacy app, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it. |
| Stressful work | This line of work can be stressful for both you and your clients. This type of transaction is a significant financial decision for your client, so expectations are very high for you. Although this career path can be very rewarding, it also comes with its challenges and stressful moments. |
| High overhead expenses | With starting an internet privacy app, there are overhead expenses that come with selling a physical product. You will want to make sure you strategically budget for these overhead costs. We discuss this more in the startup costs section below. |
Marketing Ideas
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1
Direct sales
You may find yourself in a spot where you're ready to hire a few (or many) salespeople to support the sales conversion process. Regardless if you have one or thirty salespeople, it's critical that you assign them specific roles and responsibilities to nurture the client and provide excellent support.
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2
Word of mouth
The most tried and true way to grow a internet privacy app is through word of mouth - some entrepreneurs would say it's more important than all social media.
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3
Partnerships
Starting a internet privacy app is all about building relationships and becoming an integral part of your community.
Many entrepreneurs make the mistake of thinking they can do everything on their own. In reality, other businesses (even your competition) and members of your community can be a huge piece of your growth strategy.
When forming any type of partnership, a lot of energy and time can go into this.
"An amazing network of founders that truly want to help each other grow their business."
