Gmail Plugin

How Profitable Is A Gmail Plugin? (Updated for 2024)

Pat Walls

•

Updated: September 11th, 2024

How Profitable Is A Gmail Plugin? (Updated for 2024)

So you want to start a gmail plugin?

And the first question that came to your mind was, “well, are gmail plugins actually profitable?”

With a market size of $40.8B - there’s plenty of business to go around.

Especially considering:

You could start a gmail plugin with as low as $150
Based on our data, gmail plugins generate an average of $1.92M 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 gmail plugin.

Let’s dive in!

Is a gmail plugin profitable?

Yes, a gmail plugin 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 $1.92M per year with an estimated gross margin of 83%, you could expect to recover your investment within 12 months or even less.

But of course, it all comes down to how much you earn compared to the potential revenues of your gmail plugin.

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 gmail plugin is doing and if any changes or adjustments need to be made to enhance or maintain your efforts.

Is a gmail plugin worth it?

If you’re wondering if a gmail plugin is worth it, the answer is a big YES. With gmail plugins, you have the potential to earn $1.92M 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 $40.8B, 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 gmail plugin 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 gmail plugins case studies.

Examples Of Profitable Gmail Plugins

Here are a few examples of profitable gmail plugins, and a few more details about them:

1. Baxter Inc. ($12K/year)

The founder was having a tough time managing his Gmail inbox when he came up with the idea of a dashboard. He then interviewed dozens of regular American adults to see if the idea was appealing. Soon, he found out that the majority of people preferred a simple tool rather than a dashboard. This motivated him to build Baxter.

Is it profitable? Yes
How much money it makes: $12K/year
How much did it cost to start: $50K

How A Non-Technical Founder Started A Profitable Chrome Extension For Gmail

A case study on the founder of Baxter, a browser extension that helps Gmail users organize their inboxes by unsubscribing from newsletters, deleting unneeded emails, and automatically labeling and organizing emails, which generated over $1,000 in monthly recurring revenue in just nine months and successfully acquired an existing Gmail Unsubscribe extension to drive organic user growth.

Read this case study

Read by 1,806 founders

2. Mailman ($360K/year)

This founder has built 25+ side projects. Most of them failed but a few brought in some revenue. After failing small and big over two dozen times, he had one product that investors wanted to invest money in, and after five years of growing it, sold it, and took some time off from making stuff. He started advising and investing in startups, especially crypto startups.

To find time from all the chaos happening in his inbox, he wrote a small script that would make sure that emails landed in his inbox only every four hours, in batches. Nothing comes in between. He used this script to find time to find good ideas that he could be building next.

That’s when he saw a tweet from Andrew Wilkinson (Dribble owner), and he immediately emailed him with the script and a video tutorial. His reply was, “What if we make this into a business?”

Is it profitable? Yes
How much money it makes: $360K/year
How much did it cost to start: $30K

We Built A $360K/Year Gmail Plugin That Helps People Manage Their Inbox

Mailman, a tool that allows users to control when and what emails should land in their inbox, is a year-old company bringing in approximately $30k in MRR, while its upcoming features will improve users’ newsletter-reading experience and automate redundant tasks.

Read this case study

Read by 9,689 founders

3. GMass, Inc. ($5.4M/year)

During his previous business venture, Wordzen, the founder recognized the necessity of sending personalized emails to small groups. After researching available options, he was not satisfied with the solutions offered. Therefore, he developed GMass as an internal tool to aid in managing his business. Although Wordzen failed to gain much traction, GMass proved to be successful and was featured on Product Hunt, giving him the validation that he needed to make the decision to pursue this as a business.

Is it profitable? Yes
How much money it makes: $5.4M/year

How I Launched A $200K/Month Gmail Mail Merge Tool

GMass, an email marketing platform that allows users to send cold emails and email marketing campaigns with Gmail, has attracted over 500,000 user signups, including major tech companies like Uber, LinkedIn, and Google, and now generates over $200K in monthly recurring revenue through a successful content marketing strategy and focused ad spend.

Read this case study

Read by 13,404 founders

Learn more about starting a gmail plugin:

Where to start?

-> How much does it cost to start a gmail plugin?
-> Pros and cons of a gmail plugin

Need inspiration?

-> Other gmail plugin success stories
-> Marketing ideas for a gmail plugin

Other resources

How much can you make with a gmail plugin?

With a gmail plugin, you can make an average of $1.92M revenue per year (based on data reported by real businesses).

You can start with an initial investment as low as $150. Then, with proper knowledge and sustained effort, you could have an ROI (return of investment) within 12 months.

How much does a gmail plugin make a week?

Based on our data, average weekly revenue for a gmail plugin ranges around $40.1K. As such, you could see monthly revenues of $160K.

To know if your gmail plugin 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 gmail plugin.

How much do gmail plugins owners make?

The income of a gmail plugin 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 gmail plugin is about $40.1K. 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 a gmail plugin owner exists, success in this field requires a commitment to providing quality products and services and building a strong reputation within the community.

Gmail Plugin Profit Margins

Generally speaking, a gmail plugin can expect profit margin of around 83%. Profit margins refer to the percentage of revenue that remains after deducting all expenses associated with running a business. In the case of a gmail plugin, 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, gmail plugin 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, gmail plugin owners can ensure long-term sustainability and profitability for their business.

Gmail plugin owner salary

The salary of a gmail plugin 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 gmail plugin, in a prime position, might see an average weekly salary around the ballpark of $33.3K.

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 gmail plugin may be a promising business to start - but the success of your gmail plugin mostly depends on your effort and your approach.

If you focus on these, you'll have a much higher chance of a profitable gmail plugin.

Part of

Starting A Gmail Plugin: Everything You Need To Know

‹

›