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Next is Bank Statement Converter, a website that serves a niche market by allowing users to convert PDF bank statements into clean XLS formats. Generating approximately $12,500 a month, this one-page solution caters largely to accountants and small business owners, solving a common pain point by saving them considerable time.
Growth Through Trial and Error
The founder experimented with various marketing tactics to generate traffic, including cost-per-click advertising, which initially didn’t yield a profitable return. However, the critical insight was recognizing the need for product improvement—by expanding compatibility with more banks, user satisfaction increased, enhancing both customer retention and acquisition.