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Building Small, Niche Tools for Market Domination
Creating niche tools such as a Shopify spy tool or a data extraction tool can be highly profitable, even with minimal features. By identifying a specific job to be done and targeting exact match domain names, one can achieve page one rankings by building backlinks. These tools can serve as top-of-funnel lead generators with freemium models and usage-based pricing. The key lies in scalability by creating multiple niche tools that are resilient to website changes, requiring minimal maintenance. For aspiring developers looking to establish a portfolio company, focusing on building a series of these small, specialized tools can be a lucrative strategy.