SaaS cost & profit breakdown

@hot_town_

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Selling · SaaS

CoverLetterGPTseen in 3 videos →https://coverlettergpt.xyz ↗

Why it worked

The video provides high-value, transparent financial data about a real-world side project, which builds trust and curiosity among the audience.

Summary

The creator breaks down the costs and profits of his micro-SaaS, CoverLetterGPT, explaining how he keeps expenses low by using a GPT wrapper and inexpensive hosting. He concludes by sharing his total profit and inviting viewers to check out the open-source project.

Structure

1Introduction to the SaaS cost breakdown
2Showcasing the app and its simple functionality
3Explaining the low API costs
4Detailing the hosting expenses
5Calculating the total profit
6Final CTA to visit the website

Product placement

The creator demonstrates the CoverLetterGPT web interface and discusses its underlying architecture and costs.

Original caption

Here’s a down of how much it cost me to run my SaaS app which is a simple GPT wrapper for generating cover letters. Overall, it’s been a decent little profit because the app doesn’t cost me much to run. #webdevelopment #sideproject #indiehackers #saas #ai

More from @hot_town_

Their other posts in the index, biggest breakout first.

Call to action

Go to CoverLetterGPT.xyz

On-screen text

SaaS cost & profit breakdown HERE'S THE APP Instant Cover Letters That sound you 24,694 Letters Generated Worldwide! coverlettergpt.xyz IT'S A REAL SIMPLE GPT WRAPPER OPEN SOURCE SO YOU CAN EVEN SEE THE CODE IT'S NOTHING SPECIAL BUT CHECK IT OUT IF YOU WANT IT'S A GPT WRAPPER SO HITTING CHAT GBT VIA THE API UM AT ABOUT 1.5 THOUSAND REQUESTS PER MONTH COST ME ONLY A LITTLE MORE THAN $2 KNOW ANYTHING ABOUT HOW LARGE LANGUAGE MODELS WORK THAT IS ONE AND A HALF MILLION INPUT AND OUTPUT TOKENS THIS APP HAS GOTTEN ME ABOUT $9,000 OF REVENUE AND MOST OF ITS PROFIT BECAUSE THE OTHER COST THAT'S THE MAJOR COST IS THE HOSTING OF THE APP WHICH ONLY COST ME ABOUT UM $10 $10 A MONTH MAXIMUM ON RAILWAY.COM BECAUSE THE FRONT END IS HOSTED ON NETIFY FOR FREE SO YEAH THE SERVER ON RAILWAY IS COSTING ME FROM ANYWHERE FROM 8 TO 10 A MONTH APP HAS BEEN RUNNING FOR ABOUT A YEAR AND A HALF SO THOSE MONTHLY COSTS TIMES 16 MONTHS EQUALS ABOUT 200 ~$250 THREE HUNDRED DOLLARS MAXIMUM YEAH SO 9,000 -300 BUCKS I'VE MADE $8700 PROFIT FOR A LITTLE MICRO-SAAS APP IF YOU WANNA CHECK IT OUT GO TO CoverLetterGPT.xyz IT'S OPEN SOURCE RUN IT YOURSELF AND YEAH THE CODE'S NOT GREAT IT'S A SIMPLE APP BUT IT WORKS

Transcript

Here's what it cost me to run a profitable micro-SaaS app. Here's the app, it's called CoverLetterGPT.xyz. It's a real simple GPT wrapper, open source, so you can even see the code. It's nothing special, but check it out if you want. Like I said, it's a GPT wrapper, so hitting ChatGPT via the API, um, at about 1.5 thousand requests per month, cost me only a little more than $2. And if you know anything about how large language models work, that is 1.5 million input and output tokens. This app has gotten me about $9,000 of revenue and most of its profit because the other cost that's the major cost is the hosting of the app, which only cost me about $10 a month maximum on Railway.com because the front end is hosted on Netlify for free. So yeah, the server on Railway is costing me from anywhere from $8 to $10 a month. App has been running for about a year and a half, so those monthly costs times 16 months equals about $250, $300 maximum. Yeah, so $9,000 minus $300 bucks, I've made $8,700 profit for a little micro-SaaS app. If you wanna check it out, go to CoverLetterGPT.xyz. It's open source and you can run it yourself and yeah, the code's not great, it's a simple app but it works.