I am currently researching the idea to build a simple uptime monitoring tool to monitors websites and APIs.<p>Features:<p><pre><code> Up to 10 monitors.
Sms(50 per month) Alerts, Email, Callback URLs.
1 min interval
Easy configuration
</code></pre>
Pricing:<p>Looking to price it around 2.99$ or less per month to undercut the competition. Though the larger players have great(and more) features, I think there is a good enough market for a lighter and more cheaper alternative.<p>Target Audience:<p>Startups, Single owner websites.
Follow <a href="https://twitter.com/sinequanonh" rel="nofollow">https://twitter.com/sinequanonh</a> He sometimes posts revenue numbers of his <a href="https://hyperping.io/" rel="nofollow">https://hyperping.io/</a> service.<p>With the low price point you'd attract users who bail at any price increase. It leaves little money for customer acquisition and support cost. Spending 10 minutes on a customer email ("do you plan to add feature X?") or dealing with failed credit card transaction (month 6 fine, month 7 "insuffient funds" error) already wipes any earnings the customer might have brought.<p>I'd try doing only yearly payment like <a href="https://servercheck.in/pricing" rel="nofollow">https://servercheck.in/pricing</a>
I might use something like this, I have a few small sites. The cheapest pingdom plan is $15/mo which seems like too much for what I'd need.<p>How did you determine that there's a market for this? I ask because I'm trying to learn how to validate demand.