https://scrapingfish.com/blog/indie-hackers-revenue

Skip to main content
Scraping FishBlogDocumentation
FeaturesPricingUse casesContact
Recent posts

  * How Much Money Do Indie Hackers Products Make?
  * Fact Checking with Web Scraping #1 - Are Most Rust Jobs In
    Crypto?
  * Introducing JavaScript scenario execution
  * Scraping Airbnb
  * Scraping Instagram

How Much Money Do Indie Hackers Products Make?

July 16, 2022
Pawel Kobojek
Pawel Kobojek
Co-Founder
Mateusz Buda
Mateusz Buda
Co-Founder

[splash-0ebaeb71a96c786939ed8964281aef6a]

Indie Hackers is a wonderful community for founders, a vast ocean of
shared knowledge and a place to showcase your product journey. A lot
of people are sharing their products there along with the revenue,
often verified by Stripe. We analyzed the available data to check how
much revenue are those products making and what are the most money
making categories!

At the time of our analysis, there were total of 937 products with
Stripe verified revenue. The information we gathered to make this
analysis are revenue and product's categories.

Most of the products don't make any revenue at all 

A prevalent thinking is that making money as an indie developer is
hard and most of the products end up with no revenue at all. Products
on Indie Hackers seem to confirm this as more than 54% of the
products are not making any revenue at all.

$10,000
$100,000
$300,000

You can play with the slider to see how quickly the number of
products decreases as the MRR goes up.

Revenue histogram 

Let's now take a closer look at those products which actually do make
money. Here's how much monthly revenue products are making.

Best performing categories 

A product on Indie Hackers can belong to one or more categories. The
boxplot below shows monthly revenue per category. Categories are
sorted by median MRR. Please note that some of those categories only
contain a single product. Also, we have excluded outliers. Try
checking the box to see how it impacts the plot!

[ ]Include outliers?

Conclusion 

It appears that success in the world of indie developers is an
outlier business. In every chart you can see above, outliers
completely overwhelm the data. Only around 5% of the products we
analyzed generate a monthly revenue exceeding ~$8,333 (around ~$100k/
year) which is not that hard to earn as a software engineer in a full
time job. Nevertheless, starting own company around the product
provides an excitement and still a lot of poeple are pulled towards
it, including us!

If you liked this blog post, follow us on Twitter for more! Also,
feel invited to try out our product!

 
Older Post
Fact Checking with Web Scraping #1 - Are Most Rust Jobs In Crypto?

  * Most of the products don't make any revenue at all
  * Revenue histogram
  * Best performing categories
  * Conclusion

Product

  * Documentation
  * Buy Request Packs
  * Contact

Social

  * Follow us on Twitter
  * Hacker News
  * Product Hunt
  * Indie Hackers

Legal

  * Cookie policy
  * Terms of Service

More

  * How we compare to other web scraping APIs
  * Web scraping API benchmark
  * Team behind Scraping Fish

Copyright (c) 2022 Narf.