7 Productized Service Ideas to Earn $100,000/Month Solo
When it comes to making $100,000 a month with just one person, productized service ideas can turn your skills into a highly profitable venture. You might be wondering how this is possible, especially if you’re already struggling to scale your business. Let me share how changing your business model to include productized services can revolutionize your income potential. In this blog, I’ll delve into seven different productized service ideas that can help you reach that $100,000 monthly goal, and I’ll also reveal which business I’d start if I were beginning from scratch with no skills.
We strongly recommend that you check out our guide on how to take advantage of AI in today’s passive income economy.
Table of Contents
Graphic Design: Unlimited Requests for $5,000 a Month
Let’s start with a fascinating example from the world of graphic design. Imagine offering unlimited design services for $5,000 a month. The catch? Clients can only make one request at a time, and each request takes 48 hours to complete.
Clients submit their design requests on a Trello board. Once I begin working on a request, I move it from the “request” panel to the “active” panel. After completing the design, I upload it to the same Trello tile, where clients can provide feedback directly.
This system, known as async communication, eliminates the need for meetings and simplifies client interactions. Clients can even sign up and pay for the monthly subscription directly through the website, bypassing the need for a sales call.
Currently, this model supports 24 clients, all paying the subscription without the need for additional employees. This approach can be applied to other fields like video editing, website development, copywriting, or even software development.
The beauty of this productized service model is its scalability. You can automate much of the work by hiring additional people, and the positive cash flow cycle means you won’t have to invest your own money. Essentially, you’re turning a traditional service into a repeatable digital product that generates monthly income.
Boldly: Productized Staffing for Busy Executives
Now let’s explore Boldly, a productized staffing company. This service doesn’t require specialized skills—just the ability to match people effectively.
Successful professionals often deal with an overwhelming number of messages, requests, and meetings. To manage this, they hire executive assistants who help filter through these communications, set schedules, and handle various administrative tasks.
Boldly simplifies this by pairing executives with vetted executive assistants. They first screen assistants for business experience and a strong desire to support successful teams. Then, they match these assistants with executives based on their specific needs.
The process involves a subscription fee paid to Boldly, which covers the assistant’s salary and a service fee for Boldly. For example, their entry-level package costs $2,360 per month for 40 hours of work. Boldly might pay the assistant $2,000 and keep the remaining $360 as their fee.
In 2023, Boldly generated $4.9 million in revenue, showing how effective this model can be for finding high-quality virtual assistants quickly.
Grobo: Unlimited Digital Marketing Tasks
Moving on to digital marketing, Grobo offers an intriguing productized service model. They provide unlimited marketing tasks for businesses, which is a game-changer for companies that constantly need fresh marketing materials.
Grobo’s model includes unlimited requests, revisions, and brand profiles. Clients can request a range of services and expect turnaround times of less than three days. This approach ensures that clients always have access to new marketing assets and keep paying for the service as long as they see results.
Grobo has mastered the productized service model by distributing tasks among a large team. When a client requests a new logo, for instance, the designer works on it while other team members handle different requests. This system ensures efficient use of resources and scalability, allowing Grobo to generate millions in revenue annually.
5DayStartup: Comprehensive Amazon Store Management
For businesses looking to thrive on Amazon, 5DayStartup offers a productized service that includes consulting and full Amazon store management. For $3,800, clients receive guidance on strategy, SEO, product graphics, and ranking boosts.
Their premium $5,000 package goes further by creating accounts, listings, product launches, and dedicated landing pages. This comprehensive service is ideal for local businesses seeking to expand their distribution channels but lacking tech-savvy skills.
5DayStartup’s success stems from its effective SEO strategy, which helps them attract clients searching for Amazon store solutions. Their blog ranks highly in search results, bringing in new customers.
Cold Email Studio: Efficient Outreach Campaigns
Cold emailing is a powerful, yet time-consuming method of outreach. Cold Email Studio takes the hassle out of this process by managing cold email campaigns for $3,000 a month.
They handle everything from discovering ideal customers to setting up and managing the entire outbound campaign strategy. Cold Email Studio’s service is designed to solve the entire problem of cold emailing, delivering a steady influx of new customers to their clients.
By focusing on complete solutions rather than just copywriting, Cold Email Studio taps into a broader market. This approach allows them to serve companies looking to add new acquisition channels, making their service highly valuable and scalable.
Bigma Designs: No-Code App Development
If you have an idea for an app but lack the technical skills, Bigma Designs offers a solution. They specialize in no-code app development, enabling clients to bring their software ideas to life without needing to hire a full development team.
For $9,000 a month, clients receive access to a full development team using no-code tools. This setup allows for faster and more affordable development of various software projects, such as SaaS MVPs or custom affiliate tracking tools.
Bigma Designs’ model is perfect for those who want to turn their app ideas into reality without the complexities of traditional development. Their approach has led to impressive success, with the founder making $120,000 a month.
Additional Productized Service Ideas
Here are a few more productized service ideas that could be highly lucrative:
1. Consulting and Coaching: If you have expertise in any field, consider offering consulting or coaching services. You can charge anywhere from $500 to $2,000 a month for weekly calls and personalized guidance.
2. Organic Short-Form Script Writing: With the rise of TikTok and other short-form content platforms, businesses need engaging scripts. By providing script writing services, you can help creators and companies produce compelling content efficiently.
3. User-Generated Content (UGC) Creation: User-generated content is increasingly popular due to its authenticity. Starting a UGC agency involves creating product videos for brands, which can be a lucrative opportunity. For example, you could charge $3,000 a month for producing eight videos showcasing a brand’s products.
Wrapping Up
If I were to start from scratch today, I’d launch a productized UGC agency. The demand for authentic content is growing, and businesses are willing to pay for high-quality, engaging videos. By offering a consistent number of videos each month, I’d provide ongoing value and build a strong client base quickly.
For those interested in setting up a productized service, consider exploring the free productize agency training available. It offers detailed insights into creating and scaling your service-based business model.
Productized service ideas can transform your business and help you achieve substantial income with a streamlined, scalable approach. Whether you’re in graphic design, marketing, or app development, there’s a productized service model that can fit your skills and goals.
I hope this guide inspires you to explore these opportunities and consider how you can adapt and productize your own services for greater success.
FAQs:
Q: What is a productized service example?
A: A productized service is a standardized service offering that is packaged and sold like a product. An example could be a web design agency offering a “Website in a Week” package, where clients receive a predefined number of pages, features, and revisions at a fixed price. Another example is a social media management service that provides a specific number of posts, content curation, and engagement management for a set monthly fee. The key is that the service is clearly defined, with no custom work or variations.
Q: How do you create a productized service?
A: To create a productized service, follow these steps:
- Identify a Service: Start with a service you already offer that can be standardized.
- Define the Scope: Clearly outline what is included in the service, such as deliverables, timelines, and outcomes.
- Set Pricing: Determine a fixed price for your service. This pricing should reflect the value and efficiency of the productized service.
- Streamline Processes: Develop a repeatable process that ensures consistent delivery. This may involve creating templates, automation, or a step-by-step workflow.
- Package and Market: Create marketing materials that clearly explain the service, its benefits, and who it’s for. Position it as a ready-to-purchase product on your website or other sales channels.
Q: How do I sell a productized service?
A: Selling a productized service involves several key steps:
- Target the Right Audience: Identify and target a specific group that needs your service.
- Create a Compelling Offer: Clearly communicate the benefits, features, and value of your productized service. Highlight how it solves a problem or fulfills a need.
- Build an Online Presence: Use your website, social media, and other online platforms to showcase your service. Include testimonials, case studies, and clear calls to action.
- Leverage Inbound Marketing: Use content marketing, SEO, and email campaigns to attract potential clients to your service.
- Simplify the Purchase Process: Make it easy for clients to purchase your service with straightforward payment options and a clear onboarding process.
Q: Why productize your services?
A: Productizing your services offers several advantages:
- Scalability: By standardizing your services, you can serve more clients without increasing your workload.
- Predictable Income: Fixed pricing and consistent delivery lead to more predictable revenue streams.
- Efficiency: Streamlining processes reduces the time and effort needed to deliver services, allowing you to focus on growth.
- Clear Value Proposition: A well-defined productized service makes it easier for potential clients to understand what they’re buying, leading to quicker purchasing decisions.
- Reduced Client Management: With a clearly defined scope and process, there’s less need for back-and-forth communication, leading to smoother projects and happier clients.
We strongly recommend that you check out our guide on how to take advantage of AI in today’s passive income economy.