Business Idea: Start A Pr Strategy Tool in 2024

Pat Walls

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Updated: September 18th, 2024

Avg Monthly Revenue

$57.5K

Avg Startup Costs

$16.8K

Market Size

$66.7B

Avg Revenue

$57.5K/month

Avg Days To Build

287 days

Market Size

$66.7B

Avg Revenue

$57.5K/month

Avg Days To Build

287 days

Looking to make a mark in the public relations domain without breaking the bank? Consider developing a PR strategy tool. This business idea revolves around creating a software platform that helps companies craft, monitor, and evaluate their public relations campaigns.

PR strategy tools empower businesses by providing them with analytics, media contact databases, and press release templates, all in one dashboard. Unlike traditional methods, which often require hiring costly PR firms, this tool offers a more accessible and budget-friendly solution.

With more businesses recognizing the value of brand image and consumer trust, the demand for efficient PR solutions is rising. By starting this venture, you'll be providing essential services that can give companies a competitive edge in managing their reputation. The initial workload involves software development and marketing, but the long-term payoff can be substantial.

Ready to guide brands through the maze of modern-day PR? Consider launching your PR strategy tool.

Revenue & Profitability

How much do PR strategy tools make?

On average, successful PR strategy tools report $690K/year in revenue.

Startup Costs

How much does it cost to start a PR strategy tool?

It can cost as low as $100 to start a PR strategy tool.
It can cost as high as $600,000 to start a PR strategy tool.

Learn more about the costs of a PR strategy tool.

Examples Of Successful Pr Strategy Tools

Successful PR strategy tool businesses and case studies

We Bootstrapped A $1M/Year SEO Platform [From Canada]

SearchEye is an SEO platform company that has bootstrapped its way to making $1 million a year, with a goal of hitting $100k per month by December 2021 and $500k per month by December 2022, and currently has around 20 active agency users of the platform.

$95K Monthly Revenue

$600K Startup Costs

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I've Grown My Agency To $240K/Year Consulting For Small Businesses

Giulia Cian Seren, founder of Juicy Pickles, offers digital marketing consulting, training, and coaching to small businesses and has grown her monthly revenue to an average of $20,000 by focusing on long-term relationships over short-term gains and helping small, traditional businesses transition into the digital world.

$20K Monthly Revenue

$100 Startup Costs

Read by 4,052 founders