Start A White Label Social Media Monitoring Software - Business Ideas
Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.
A white label social media monitoring tool is software provided unbranded to a reseller. The reseller company rebrands and sells the social media monitoring tool as if it were its own.
If you start your own social media management tool, you can choose to rent or lease the tool under a monthly or annual subscription.
With a white label social media monitoring business, the reseller offers the tool to its clients without investing in its development. The deployment is much faster than when the company was to hire its developers to do the product.
Starting a white label social media monitoring software requires a great deal of effort, dedication, and most importantly passion.
If you're interested in how to sell white label social media monitoring tools, or selling white label social media monitoring tools online, you can use this page as a guide for everything you'll need to know.
Key Stats
Startup Costs
Min Startup Costs | Max Startup Costs | |
---|---|---|
Office Space Expenses |
$0 |
$7,000 |
App Creation Costs |
$1,099 |
$20,099 |
Software Expenses |
$162 |
$2,894 |
Advertising & Marketing Costs |
$0 |
$2,500 |
Website Costs |
$13 |
$215 |
Training & Education Expenses |
$0 |
$850 |
Total Startup Costs |
$1,274 |
$33,558 |
Case Studies
Successful Businesses
Business | URL | Rank | |
---|---|---|---|
Muck Rack |
muckrack.com |
6,673 |
|
World's longest standing rank tracking tool |
advancedwebranking.com |
20,765 |
|
DashThis |
dashthis.com |
23,733 |
|
Computer Monitoring Software |
teramind.co |
24,143 |
|
Critical Mention: Best Media Monitoring and Database Service |
criticalmention.com |
30,619 |
|
Atera |
atera.com |
40,150 |
|
Boostability |
boostability.com |
42,071 |
|
ClassTools.net: Free Tools for Teachers and Students |
classtools.net |
42,142 |
|
Save time finding content to share on social with Quuu |
quuu.co |
46,403 |
|
Panmore Institute |
panmore.com |
47,408 |
|
Designbolts |
designbolts.com |
53,050 |
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! |
Rewarding work |
Starting a white label social media monitoring software can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about. |
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 white label social media monitoring software gives people a reason to visit your website and to keep coming back to you! |
No overhead costs |
To get your white label social media monitoring software started, there are no costs associated with overhead, storage, packaging, etc. This will save you a lot of time and money! |
Cons | Description |
---|---|
Crowded Space |
Competition is high when it comes to your white label social media monitoring software, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies. |
Motivation of employees |
If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees. |
Longer Sales Process |
A white label social media monitoring software 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. |
Isolation |
Often times, as a white label social media monitoring software, you typically work alone and do not have much face-to-face interaction with other team members. |
Taxes |
As a white label social media monitoring software, 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. |
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings