Address Verification Service Business Success Stories [2024]
Verifying addresses might not sound glamorous, but it’s essential for businesses handling large volumes of customer data. An address verification service ensures that the addresses customers provide are accurate and deliverable.
Imagine a seamless system where e-commerce stores, delivery services, and financial institutions can effortlessly authenticate customer addresses before shipping products or processing transactions. This is not just a convenience but a necessity for reducing errors and fraud.
In starting this service, you'll tackle the real issues of data integrity and customer satisfaction. By leveraging postal databases and integrating cutting-edge verification software, you can provide businesses with precise, reliable data. If you're interested in a B2B model with solid demand, an address verification service presents an attractive opportunity.
The setup involves developing or adopting verification tools, marketing to potential clients, and ensuring compliance with data protection laws. The payoff is contributing to smoother business operations and building long-term client relationships.
In this list, you'll find real-world address verification service business success stories and very profitable examples of starting a address verification service business that makes money.
1. FindPeopleFast ($2.4M/year)
customer engagement and reach. Additionally, we use Google Analytics to track website analytics and optimize our performance. We are also exploring the use of email marketing tools to enhance our customer communication and retention strategies.
How much money it makes: $2.4M/year
How much did it cost to start: $56K
How many people on the team: 86
Find People Fast is a Saas product that pulls out detailed information about any person including social media profiles, public records, address, pictures, property holdings, etc, generating upwards of an estimated revenue of $500,000 per month and employing a team of 60 employees since launch eight months ago.
2. Contact Any Celebrity ($360K/year)
Jordan McAuley, founder of Contact Any Celebrity, came up with the idea while in film school to make extra money. Starting in 1997, he built his website into a membership site and online database. Over time, he pivoted the site to cater to professionals, attracting customers from nonprofits, authors, entrepreneurs, and media people. The business has lasted 23 years and continues to thrive, with a 7-day free trial and an affiliate program that pays 50% monthly recurring commissions. The site even received recognition from Tim Ferriss in his book, 'The 4-Hour Workweek.'
How much money it makes: $360K/year
How much did it cost to start: $100
How many people on the team: 2
Contact Any Celebrity founder Jordan McAuley shares how he turned his teenage hobby into a six-figure full-time business with a membership site and print directory of over 59,000 celebrity contacts, and his marketing strategies including an affiliate program, Google AdWords, and free trials.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.