Product Sharing App Business

Product Sharing App Business Success Stories [2024]

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Updated: October 9th, 2024

In a world increasingly driven by sustainability, a product-sharing app business makes a lot of sense. This concept allows users to share and borrow items, reducing the need for every individual to buy and store infrequently used products.

The business model is straightforward: create a user-friendly app where people can list items they are willing to share, and others can request to borrow them. You'd facilitate transactions, handle customer support, and manage the logistics of delivery and return.

By capitalizing on this idea, you not only tap into the growing sharing economy but also contribute to reducing consumer waste. Setting up requires a keen understanding of app development, user experience design, and community management.

If you're interested in combining tech with a sustainable business practice, this venture offers both financial promise and a feel-good factor.

In this list, you'll find real-world product sharing app business success stories and very profitable examples of starting a product sharing app business that makes money.

1. Agiled ($120K/year)

Asad Ali, founder and CEO of Agiled, came up with the idea for his all-in-one business management software while running a web development agency. Frustrated with switching between multiple tools, he decided to create a centralized platform to help business owners efficiently manage their operations. Since launching in early 2020 and with the help of an Appsumo launch, Agiled has grown to serve over 5,000 companies and generate $10k/month in revenue.

How much money it makes: $120K/year
How much did it cost to start: $10K
How many people on the team: 15

I Bootstrapped A $120K/Year Business Management SaaS From Pakistan

Agiled is a bootstrapped business management software company founded by Asad Ali that has generated $10k/month serving over 5,000 companies, with a goal of reaching $100k MRR by the end of next year.

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