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  • What is your startup's budget?

    Deniz Savkay
    18 replies
    I wonder, in general, are the Makers of the new products introduced on Product Hunt developing and marketing their product with small or medium sized budgets, like only a couple of thousands of dollars at maximum? Or, does the majority of Product Makers here consist of those with already high initial financial resources to promote their product?

    Replies

    Stella
    I wish I had a startup budget!
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    Sophia Williams
    Deniz, from what I've observed, there's a diverse range of budgets among Product Hunt Makers—many bootstrap with minimal resources, while others have more substantial funding to allocate towards development and marketing. It's the unique mix of these backgrounds that contributes to the vibrant and innovative nature of this community.
    Deniz Savkay
    @sophiawms Thank you for this information! I was actually wondering this and couldn't find any reliable information on the internet, glad that now I know 😊
    Determining a startup's budget involves careful consideration of various factors, including initial capital, operational expenses, and investment allocation. While the specifics of our budget may vary based on our unique circumstances and goals, managing finances effectively is paramount for sustainable growth. Platforms like AiToolsKit.ai offer a range of free AI, SEO, writing, YouTube, and social media tools that can significantly reduce costs associated with marketing and online presence management, enabling startups to allocate resources more efficiently. By leveraging these tools alongside prudent financial planning and strategic decision-making, startups can maximize their budget's impact and pave the way for long-term success without compromising on essential tools and resources. https://bit.ly/ph-AiToolsKit-WebApp
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    Anastasia Liamets
    Our budget is basically paying for Framer, Slack and Google cloud.
    Lewis Carhart
    About three fiddy
    Deniz Savkay
    @lewisbuildsai thank you for your reply!
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    Nadia Zueva
    Launching soon!
    I invested about 5k$ from my pocket on: fashion stylists/experts consultations, marketing strategy consultations, cudas, subscriptions and still have 2-3k$ on marketing campaign. We are launching in March and i really hope to gain some revenue after that so i will be able to live my best life again haha
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    Deniz Savkay
    @nadiaaesty thank you for your thorough reply! Although I'm not a fashion enthusiast I will follow your product because the idea is fresh and interesting
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    Nadia Zueva
    Launching soon!
    @deniz_savkay thank you, Deniz!
    Mihajlo Kovacevic
    Enough for it not to die 🐸
    Deniz Savkay
    @mihajlokovacevic but all products require different amount of initial funding to survive, how much was yours 🦫
    Chirag Dave
    With minimum of $2k, a product can be launched and build in public. Let’s connect https://sketchish.com/services/
    Deniz Savkay
    @chirag_dave i agree, 1k for development and 2k for initial marketing seems enough to roll over