5 Influencer Reporting Tool Business Success Stories [2024]
The influencer reporting tool is a great way to see which influencers are performing well right now. You can also look at the share of voice and performance over time. Find out what other people are saying about them on social media and get an overall view of the influencer's results.
Influencer reporting is an important part of any modern company's marketing strategy and it shouldn't be a struggle to find the information you want.
Starting an influencer reporting tool business might sound risky, but it doesn't have to be. When you're competing in a crowded market with billions of dollars at stake and high barriers to entry, having a formal business plan is a great way to start off on the right foot.
In this list, you'll find real-world influencer reporting tool business success stories and very profitable examples of starting a influencer reporting tool business that makes money.
1. EarBuds ($24M/year)
Jason Fox, former NFL player, came up with the idea for EarBuds after watching players like Cam Newton jamming out with their headphones on during warm-ups. He wanted to create a way for people to listen to music together in real-time, bridging the gap between different music platforms. With a focus on making music social, EarBuds allows users to connect, interact, and share playlists, creating a shared music experience.
How much money it makes: $24M/year
How many people on the team: 7
Former NFL player and Founder/CEO, Jason Fox, has created EarBuds, a social music app that connects to your Apple Music or Spotify Premium account to allow real-time streaming to other EarBuds users, with the aim of making music social and enabling deeper human connections through technology.
2. Loop ($1.38M/year)
Francesco and Valerio, founders of Loop, a $35K/Mo Online Advertising Agency, started their business in 2017 after working as freelancers in the advertising industry. They saw the potential for growth and wanted to offer specialized services in a specific market that was not yet saturated in Italy. By focusing on performance, priorities, and processes, they were able to attract and retain clients, leading to rapid growth and expansion into new industries and markets.
How much money it makes: $1.38M/year
How many people on the team: 2
Loop is a $35k/month online advertising agency founded by Francesco and Valerio, which primarily deals with paid advertising services, mainly Google Ads and Facebook Ads, with an average of 150% yearly increase in revenue, and is rapidly growing as they expand their outreach to different markets and industries.
3. Vital Traffic Labs ($600K/year)
David Schlais, co-founder of Vital Traffic Labs, came up with the idea for his social media marketing agency after realizing the massive margins that larger marketing firms were making for mediocre work. With almost no experience in social media marketing, he and his partner set up their agency in a day and quickly secured their first client, leading to a successful growth trajectory and the ability to leave their 9-5 jobs within six months.
How much money it makes: $600K/year
How many people on the team: 0
This case study follows the co-founder of a social media marketing agency who left their 6-figure 9-5 jobs to build a business that has grown to between 50-60K in monthly recurring revenue in just 3 years, attributing their success to putting clients and quality of work first while scaling to new clients and opportunities.
4. InfluenceKit ($156K/year)
Bruno Bornsztein came up with the idea for InfluenceKit while running his blogging business, Curbly. He developed an internal tool to manage their blogging process, which eventually became InfluenceKit. After refining the value proposition and getting direct feedback from potential customers, Bruno decided to turn it into a product. Today, InfluenceKit has about 180 paying customers and relies on word of mouth for customer acquisition. They are profitable and focused on scaling up their growth in a sustainable way.
How much money it makes: $156K/year
How many people on the team: 0
InfluenceKit is a reporting tool that helps content creators increase their sponsored content revenue with accurate, always-updated reports, who have 180 paying customers so far, popular among bloggers, Instagrammers, YouTubers and podcasters.
5. ALTR Project ($84K/year)
Aimee Tawhai came up with the idea for ALTR Project, a SaaS tool for gym owners and coaches, while working a full-time job and training for the Crossfit Games. After a year of planning and using her statistical background to create algorithms, she launched the product and began attracting customers through social media outreach and personalized demo calls.
How much money it makes: $84K/year
How many people on the team: 5
Aimee Tawhai founded ALTR, an online SaaS tool for gym owners and coaches, that is currently averaging $7-8k USD/month and is being used in 26 different countries, saving HOURS of admin time and the use of mind-numbing spreadsheets.
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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.