Hi, friend! 😄 So, first, the question should be "how much ROI is possible from (name)?"
For that, look at:
the product - what it is, use cases
the audience - who'd use it, what need it fills, benefits of your product vs others (so do a SWOT competitive analysis), define your TAM, SAM + SOM
the strategy - figure out where this product fits in your overall brand + monetization strategy (is it a free micro SaaS that leads to a more extensive SaaS that'll be paid?)
the MVP - release slowly, see if there's any interest for your product
It's honestly less about the name (which one you use) and more about how you're going to monetize it and what's the potential revenue based on your TAM, SAM, SOM and their need for what you're creating. If you're going to shell out thousands of dollars for a domain, you'll want to make sure you do this work before so you're confident it'll pay for itself.
Hi, friend! 😄 So, first, the question should be "how much ROI is possible from (name)?"
For that, look at:
It's honestly less about the name (which one you use) and more about how you're going to monetize it and what's the potential revenue based on your TAM, SAM, SOM and their need for what you're creating. If you're going to shell out thousands of dollars for a domain, you'll want to make sure you do this work before so you're confident it'll pay for itself.
good points! thanks Cat! defenitley wouldn't shell 1000s, maybe a 200-300 is okay 🤔