Voice-to-Text Transcribing App
Mobile app
iOS App that converts audio files to text
Published on
July 24, 2023
$4,500
Asking Price
Main Metrics
$1,200
ARR
700
Customers
2023
Launched
$50,000
Asking Price
Already Sold
Main Metrics
$1,200
ARR
700
Customers
2023
Launched
Overview
Mobile iOS app with $1,200 Annual Revenue and 700 users. The target audience is entrepreneurs, reporters, and business people. The app helps users to convert audio files on their devices to text, as well as record audio within the application and convert it to text. Users can make their processes easier by using this application for podcasts, meetings, lecture recordings and foreign language learning. I managed to reach $330 in revenue in just 2 months without any marketing. <br>✅ $1,200 Annual Revenue<br>✅ 700 users<br>✅ Business model: In App Purchase<br>✅ Built with React Native, OpenAI API, RevenueCat<br>
$1,200
Annual Revenue
700
Number of Customers
Expenses
$5-$15 OpenAI API.
Business Model
Mobile - In App Purchase ($2.99/weekly - $39.99/year - $79.99/lifetime).
Target Audience
Entrepreneurs, reporters, business people.
Asking Price Reasoning
Standard multiple for revenue and traction this app has.
Reason for Selling
I do not have enough budget to grow this application, I want to focus on another project.
Growth Opportunity
Invest in paid traffic from Google and Facebook ads. Try Apple Search Ads, which can attract users from different countries. At the same time, users who need this application can be found in social media groups.
30 days free support from seller
Competitors
Transcribe - Speech to Text.
Tech Stack
React Native, OpenAI API, RevenueCat.
Traffic Metrics
Revenue Metrics
How it works
$4,500
Asking Price
Already Sold
Main Metrics
$1,200
ARR
700
Customers
2023
Launched