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I Passed Up an Opportunity to Make $200K in revenue. Want to Know Why?
AppSumo is a platform started by NoahKagan that sells discounted online apps. It can be a great way to generate awareness and get early customers, but it comes at a cost. AppSumo takes 75% of the already heavily discounted price.
Here is a short Twitter thread explaining why this startup founder decided against promoting his app on the site.
“A few days back, I was asked by AppSumo for SimpleOps to be featured on their platform, but I ended up saying no.”
While giving up 75% percent of revenue sounds expensive, AppSumo does have a massive reach and can generate thousands of new customers.
Business Opportunity: I think there are opportunities to create AppSumo types of companies for different niches. Where is the AppSumo for marketing agencies, no code websites, or remote work? Building an audience around a particular niche could lead to a lot of opportunities.