Email Management Tool

How Profitable Is An Email Management Tool? (Updated for 2024)

Pat Walls

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Updated: September 17th, 2024

How Profitable Is An Email Management Tool? (Updated for 2024)

So you want to start an email management tool?

And the first question that came to your mind was, “well, are email management tools actually profitable?”

Especially considering:

You could start a email management tool with as low as $1,000
Based on our data, email management tools generate an average of $660K per year

There’s money to be made. Don’t worry.

But, I don't want to spoil it all. Below we’ll cover everything you need to know when it comes to the profitability of a email management tool.

Let’s dive in!

Is an email management tool profitable?

Yes, an email management tool is generally a profitable business. However, you still need to consider several factors since these things always impact the overall outcome.

For instance, since average revenue is $660K per year with an estimated gross margin of %, you could expect to recover your investment within months or even less.

But of course, it all comes down to how much you earn compared to the potential revenues of your email management tool.

To determine whether your business is profitable, you should earn more than your expenses in the beginning months. However, while you're in your first month, it can be challenging to know what to expect.

Therefore, you should maintain a record of your monthly expenses and income to determine whether you're meeting your goals. By doing this step, you can see how your email management tool is doing and if any changes or adjustments need to be made to enhance or maintain your efforts.

Is an email management tool worth it?

If you’re wondering if a email management tool is worth it, the answer is a big YES. With email management tools, you have the potential to earn $660K per year (this is based on data reported by real founders).

Further, you could have your initial investment back within months. Simply put, it’s a business worth a shot, especially if you have the resources and make the necessary efforts to achieve or surpass the target.

With a market size of $, it will be possible for you to build something that grows and turns into a flourishing business. As such, it’s the type of business you might want to consider starting.

Of course, you must learn and understand every aspect of running a email management tool to ensure success. Still, as long as you have the initial investment and can endure a few months before your actual gains, this business could be worth it.

You might want to consider reading more specifics about successful email management tools case studies.

Examples Of Profitable Email Management Tools

Here are a few examples of profitable email management tools, and a few more details about them:

1. antoniarasheva3614 ($1.2K/year)

Antonia Rasheva, an artist and designer by heart but tourist by profession, tapped into her love for abstract art to start a custom fashion and home products business in 2015. Despite initial financial roadblocks, she constantly advertises on social media, aiming to turn a $100/month profit into a sustainable full-time venture.

Is it profitable? Yes
How much money it makes: $1.2K/year

On Selling Custom-Designed Fashion And Home Products Online

This case study follows a Bulgarian artist and designer who sells custom products featuring her hand-painted designs, with an average monthly profit of $100, relying heavily on advertising via social media and offline to grow her business.

Read this case study

Read by 5,234 founders

2. Leave Me Alone ($120K/year)

These founders also run a web development agency. Leave Me Alone was born because they took their own advice and stuck to solving their own problems. Both were spending a lot of time sorting through emails, so they went searching for a service that would help them find and unsubscribe from the unwanted ones.

Found a few that would help for free, but a closer look revealed that they didn’t charge because they were selling all of their user's data for marketing. Faced with the dilemma of a messy inbox or all of their email data being exploited, they decided to build their own solution.

Is it profitable? Yes
How much money it makes: $120K/year
How much did it cost to start: $1K

We Built Our App From The Back Of A Bus And Grew It To 10,000 Users

Leave Me Alone, a web service that helps users easily unsubscribe from unwanted emails, launched in January 2019 and made $1,186 in revenue in its first month, with a successful Product Hunt launch and a focus on being an open startup contributing to its success.

Read this case study

Read by 13,267 founders

3. Mailbird, Inc. ($2.04M/year)

Michael Olsen, leveraging his software experience and entrepreneurship lessons from past ventures, co-founded Mailbird in Denmark to fill the void of modern Outlook alternatives for Windows. After a TechCrunch feature crashed their site with traffic, Mailbird rapidly evolved into a multi-million dollar email client, integrating various apps and securing over 10,000 pre-orders for their Mac launch.

Is it profitable? Yes
How much money it makes: $2.04M/year

How We Built A 7-Figure Email Management App

Mailbird, a bootstrapped tech venture co-founded by Michael Olsen, leveraged strategic PR, SEO, and user-centric features to transform into a multi-million dollar business with over 150,000 monthly visitors and 20,000 installs, eventually boasting a 35x revenue increase since 2015.

Read this case study

Read by 2,778 founders

Learn more about starting an email management tool:

Where to start?

Need inspiration?

-> Other email management tool success stories

Other resources

How much can you make with an email management tool?

With a email management tool, you can make an average of $660K revenue per year (based on data reported by real businesses).

You can start with an initial investment as low as $1,000. Then, with proper knowledge and sustained effort, you could have an ROI (return of investment) within months.

How much does a email management tool make a week?

Based on our data, average weekly revenue for a email management tool ranges around $13.8K. As such, you could see monthly revenues of $55K.

To know if your email management tool achieves the weekly profit target, you need to keep track of the total earnings you get per day. Afterward, you'll want to consider subtracting the expenses you have daily.

Learning your weekly profit can also show whether you're hitting your target goal for your email management tool.

How much do email management tools owners make?

The income of an email management tool owner can vary depending on various factors such as location, size, competition, and the owner's business skills.

But to give you some idea, the weekly revenue of an established email management tool is about $13.8K. But this can be lower or higher depending on so many factors - it's almost impossible to say exactly.

While the potential for earning a good income as an email management tool owner exists, success in this field requires a commitment to providing quality products and services and building a strong reputation within the community.

Email Management Tool Profit Margins

Generally speaking, an email management tool can expect profit margin of around %. Profit margins refer to the percentage of revenue that remains after deducting all expenses associated with running a business. In the case of an email management tool, profit margins can vary depending on various factors, such as the type and quality of products sold, the size of the store, and the level of competition in the area.

However, these figures can vary depending on the pricing strategy, inventory management, and overall efficiency of the business. To maintain healthy profit margins, email management tool owners must focus on managing costs, negotiating favorable supplier terms, and providing high-quality products and services to attract and retain customers. By doing so, email management tool owners can ensure long-term sustainability and profitability for their business.

Email management tool owner salary

The salary of an email management tool owner is an unpredictable figure. It's significantly influenced by numerous factors, including the store's location, its size, and the degree of competition. An owner of a well-established email management tool, in a prime position, might see an average weekly salary around the ballpark of .

But it's worth noting, such numbers aren't always consistent. The earnings can vary wildly, potentially swinging by as much as 80% either way.

Achieving consistent success and maintaining a reliable income stream in this industry requires a deep commitment. It's imperative to offer high-quality products, deliver impeccable customer service, and nurture a trusted bond with the community you serve.

Conclusion

In a nutshell, based on many of our examples, a email management tool may be a promising business to start - but the success of your email management tool mostly depends on your effort and your approach.

If you focus on these, you'll have a much higher chance of a profitable email management tool.