2 Tracking Application Success Stories [2024]
Businesses thrive on efficiency, and nothing epitomizes that more than a tracker application. This business idea revolves around developing a sophisticated app that monitors and organizes various activities, from fitness regimens to package deliveries.
Building a tracking application involves creating a robust, user-friendly interface and seamless integration with other devices and platforms. This tool can serve multiple markets, including health enthusiasts, busy professionals, and logistics companies, by providing real-time updates and improvements in productivity.
If you’re keen on tech development and have a knack for solving everyday problems, this is the business for you. Detailed market research and collaboration with skilled developers are the key steps. Success in this venture can lead to recurring revenue through subscription models or premium features, making it a compelling choice for budding entrepreneurs.
In this list, you'll find real-world tracking application success stories and very profitable examples of starting a tracking application that makes money.
1. CPV Lab Pro ($84K/year)
Julia Draghici joined CPV Lab after it was already started by her husband and another partner. The idea for the performance marketing tracking platform came from the need to simplify their own work as affiliate marketers. They realized that there was a demand for such a tool and decided to develop it further, eventually growing the business to $50K in revenue within the first year.
How much money it makes: $84K/year
How much did it cost to start: $40K
How many people on the team: 4
CPV Lab is a performance marketing tracking platform for affiliate marketers that grew to $50k in revenue in the first year, has over 1500 users and 10% month-to-month growth through organic traffic, and offers tools to track and optimize multi-channel marketing campaigns for better performance.
2. Hovercode ($1.32K/year)
While exploring side projects, Ramy discussed with a marketer friend the resurgence of QR codes due to the pandemic. Recognizing a gap for advanced, stylish QR codes, he launched Hovercode, now generating ~$150 MRR with a clear path to growth.
How much money it makes: $1.32K/year
How much did it cost to start: $100
How many people on the team: 0
Hovercode is a dynamic QR code generator for brands that focuses on round QR codes as its differentiator and is generating around $150 MRR with 5k unique visits per day.
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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.