Testimonial.to

How Damon Chen Built Testimonial.to to $83K ARR

Damon Chen
Founder, Testimonial.to
$83K
revenue/mo
1
Founders
1
Employees
Testimonial.to
from San Jose, CA, USA
started December 2020
$83,000
revenue/mo
1
Founders
1
Employees
market size
$581B
avg revenue (monthly)
$322K
starting costs
$13.1K
gross margin
90%
time to build
210 days
growth channels
Word of mouth
business model
Subscriptions
best tools
Google Suite, Google Analytics, Stripe
time investment
Full time
pros & cons
49 Pros & Cons
tips
11 Tips
Discover what tools recommends to grow your business!
Discover what books Damon recommends to grow your business!
Want more updates on Testimonial.to? Check out these stories:

Testimonial.to enables users to gather text and video testimonials from customers without requiring a developer or website hosting.

Monthly Revenue
$83K
Built in
14 days
Score
95 🔥
Founders
1
Employees
1 (est.)
Profitable
Yes
Days To Build
14
Year Started
2020
Customer
B2B & B2C

Testimonial.to Revenue🔗

Testimonial.to Growth Timeline
  1. Damon Chen starts the business [source]
  2. Testimonial.to hits $6K in revenue [source]
  3. Testimonial.to hits $400K in revenue [source]
  4. Testimonial.to hits $1M in revenue [source]
  5. Testimonial.to hits $996K in revenue [source]

Who is Damon Chen?🔗

Damon Chen is the founder and CEO of Testimonial.to and PDF.ai. Prior to becoming an entrepreneur, Chen worked as a senior software engineer at Cisco Systems for 7 years. He holds a master's degree in Electrical Engineering from Penn State University.

article

What problem does Testimonial.to solve?🔗

Collecting and showcasing testimonials is often tricky and expensive.

How did Damon come up with the idea for Testimonial.to?🔗

Chen, a software engineer at Cisco, considered looking for a new job but could not secure an interview, so he gave up and began seeking other opportunities.

Amidst the COVID-19 pandemic, he discovered the indiehackers.com community and started working on side projects, taking advantage of the flexibility of working from home.

Unfortunately, his initial projects did not generate any income, leading him to believe that his products may not have been compelling enough and required more social proof.

This prompted him to create testimonial.to, where he could utilize his experience in building a video product by incorporating video testimonials.

How did Damon build the initial version of Testimonial.to?🔗

Chen had worked on several projects that didn't gain traction. To create the testimonial.io project, he reused about 80% of the code from Indielog, one of his previous projects. He then added a landing page and integrated Stripe payments before launching it on Product Hunt.

How did Damon launch Testimonial.to and get initial traction?🔗

Chen launched testimonial.to on Product Hunt.

article
A screenshot of the testimonial.to launch on PH

What was the growth strategy for Testimonial.to and how did they scale?🔗

Initial customers came from Indie Hackers community and social media

The founder had met other indie hackers through indiehackers.com and indielog.com. They were my first few customers.

He also tweeted that he was close to hitting $1,000 MRR and Andrew Gazdecki (founder of acquire.com) saw it and signed up for the highest plan.

embed:tweet Dameng Chen Tweet on ARR

What's the pricing strategy for Testimonial.to?🔗

Testimonial.to offers a free plan and 3 paid subscription plans.

  • Starter Plus @ $20/mo
  • Premium @ $50/mo
  • Ultimate @ $70/mo

article
A Snapshot of testimonial.to Pricing as of June 2024

What platform/tools does Testimonial.to use?🔗

Platform
Email
Customer Service
Financing
Social Media
Accounting
Productivity
Payments
Design
Affiliate
Freelance
Seo
Other

Discover Similar Business Ideas Like Testimonial.to🔗

Co-founders of B2B SaaS startup GrowSurf, Derek and Kevin, developed a referral software for tech startups that has brought in around $25k MRR with a 6% monthly growth rate, overcoming generic messaging and a compromised product that wasn't a good fit for anyone.

$100K Monthly Revenue
Read by 8,088 founders

DataCue helps eCommerce entrepreneurs sell more and improve conversion with their personalization platform, which has generated over $2m in additional revenue for eCommerce businesses in 2019, and is growing at 40% m/m after being founded just 18 months ago, with a goal for 2020 being profitability.

$3K Monthly Revenue
Read by 7,181 founders

More about Testimonial.to:🔗

Who is the owner of Testimonial.to?🔗

Damon Chen is the founder of Testimonial.to.

When did Damon Chen start Testimonial.to?🔗

2020

What is Damon Chen's net worth?🔗

Damon Chen's business makes an average of $83K/month.

How much money has Damon Chen made from Testimonial.to?🔗

Damon Chen started the business in 2020, and currently makes an average of $996K/year.

Want to start a saas company? Learn more ➜