Launched initially in 2018 as a simple application for adding price tags to photos, this app has evolved by 2021 into a robust content creation tool catering to brands and businesses. The app now boasts over 200 exclusive templates tailored for Instagram and more than 100 templates for online showcases, such as shops and marketplaces. It incorporates augmented reality features, enhancing user engagement and interactivity. Importantly, the app simplifies content creation by utilizing a built-in Figma plugin, which allows designers to create and export new templates efficiently, alongside a web admin panel for template management, which negates the need for app updates when managing assets.
The app’s graphic editing tools are comprehensive, offering functionalities like font customization, shadow, outline, blend mode adjustments, opacity changes, and a magic wand tool for easier edits. It operates on a freemium subscription model, generating a net monthly profit between $1,000 and $1,500, with minimal monthly expenses of approximately $40 for hosting and storage. User adoption has been significant, with 2,000 to 3,000 new organic users each month. Initially, the user base and revenue were predominantly sourced from Russia. However, strategic efforts to enhance App Store Optimization (ASO) in the U.S. since August 2021 have succeeded in increasing U.S. revenue by fivefold within two months, now constituting half of the monthly income. The app continues to grow its user base and revenue while maintaining low operating costs.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself, or use our new official verification and assessment service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More