Social Media Analytics Business

8 Tips For Starting A Successful Social Media Analytics Business (2024)

Updated: January 19th, 2023

Want to start your own social media analytics business? Here are some tips you should know:

Learn more about starting a social media analytics business:

Where to start?

-> How much does it cost to start a social media analytics business?
-> Pros and cons of a social media analytics business

Need inspiration?

-> Other social media analytics business success stories
-> Marketing ideas for a social media analytics business
-> Social media analytics business slogans
-> Social media analytics business names

Other resources

We've interviewed thousands of successful founders at Starter Story and asked what advice they would give to entrepreneurs who are just getting started.

Here's the best advice we discovered for starting a social media analytics business:

#1: Juan Pablo Tejela , founder of Metricool:

We chatted with with Juan, founder of Metricool ($750K/month). In our interview, Juan says:

Set your goals in the medium-long term.

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Read the full interview ➜

#2: Juan Pablo Tejela , founder of Metricool:

We chatted with with Juan, founder of Metricool ($750K/month). In our interview, Juan says:

My way of managing the business is quite conservative and prudent, I often question whether or not I should have taken a more aggressive path when it came to investments and funding.

Additionally:

Building quality software is something that requires a lot of effort, knowledge, and experience. It is important to associate or surround yourself with highly experienced technical profiles.

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Read the full interview ➜

#3: Juan Pablo Tejela , founder of Metricool:

We chatted with with Juan, founder of Metricool ($750K/month). In our interview, Juan says:

It's important to surround yourself with the best people without skimping on salary or incentives to attract them.

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Read the full interview ➜

#4: Aaron Beashel, founder of Attributer :

We chatted with with Aaron, founder of Attributer ($100K/month). In our interview, Aaron says:

Our growth model is basically to acquire new customers via SEO and then attempt to upsell a portion of them to multisite plans.

Additionally:

My advice is to ask ‘What’s the smallest possible thing we can do to validate this is a path we want to go down’

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#5: Gilbert Corrales, founder of Leaf Grow:

We chatted with with Gilbert, founder of Leaf Grow ($120K/month). In our interview, Gilbert says:

Make it profitable, then scale. Focusing a profitable business from the get-go will give you the right blueprint for when the time is right to scale.

Additionally:

Being humble means you are always looking for new answers, to be proven wrong so you can know what’s right.

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Read the full interview ➜