For those who didn't catch my JungleFlip interview, my name is Paul Dessert, and I design, build, and grow internet businesses. I work full-time as a full-stack developer and growth marketer, and I create my own projects on the side. Resume Beacon is the one I'll talk about today.
Resume Beacon is a web application that helps people create professionally formatted resumes. It also offers free resume templates, free cover letter templates, and free career resources. And it's approaching $600/mo.
I have a goal called "5x2000" where I'm hoping to build five products that each generate at least $2,000/month. I came up with Resume Beacon earlier last year as part of this challenge.
Friends and family kept asking me to help them format their resumes. Since I was a "computer guy" I was the one to go to. I noticed that they all had trouble with formatting their resumes. It was a technical obstacle for them.
I happened to be hunting for a new project to work on, so I decided a tool to help people format their resume was a good place to start.
For a lot of people (especially those reading this article), creating a resume is second nature. But there is a large percentage of the population that can't format a nice-looking resume. It's just not something they do every day. And a simple-to-use piece of software is exactly what they're looking for.
When I researched the competition, I knew simplicity was going to win. Other solutions were complicated, over-engineered, and didn't offer an immediate solution to the user's core problems.
Unfortunately, simplicity isn't that simple. I spent about four months (on and off) building. I released the first version and found a lot of bugs and UI/UX issues. I've slowly been building new features and fixing issues as they've arisen.
The most challenging part of building Resume Beacon was designing the templates in a way that was both flexible and rigid enough to be converted to PDF.
Reddit has been very good. Marketing on Reddit is tricky, but if you do it right, it can be very beneficial. The key is to NOT market directly to Reddit users. If you gain enough attention in the community, you'll attract other media outlets.
One of my strategies was to promote my free resume templates and free cover letter templates in a few relevant subreddits.
Some worked better than others. But the ones that took off paid off in the end. I ended up getting a featured article on LifeHacker as a result of my Reddit promotion.
The site generates money in three ways. Ad space, premium templates, and partnerships.
Each user is given an option to upgrade to the premium templates. I give away one free basic template. The others are part of the premium package. Unlike other sites, I only charge a one-time flat fee for access to everything. No monthly billing.
The last source of revenue is from a partnership with ZipRecruiter. If the user is interested, they can get a daily email with new and relevant job listings.
When I first launched the site, I experimented with pricing. I tried $24.95, $19.95, and $14.95. Overall, I convert more users and generate more revenue at the current $9.95 price point.
There is a lot of talk about "charging more", but that all depends on your audience. If you're running a B2B SaaS app, charging more might be the way to go. For me, charging less has improved my revenue numbers.
My expenses are very small. I only pay about $30 for hosting (Digital Ocean) and about $40 for my email marketing subscription (Drip). I expect my hosting bill to increase as I add more traffic.
Month | Revenue |
June | 244 |
July | 318 |
August | 487 |
September | 522 |
October | 586 |
My goals for Resume Beacon are to steadily increase traffic and improve the user experience. My conversion rates are still a lot lower than I'd like, so I'm exploring ways to improve it.
And as I mentioned in my other interview, until I can do more to ramp up Resume Beacon and JungleFlip interview — my only two revenue-generating products — I won't move on to make the other products for my 5x2000 goal.
One large technical challenge was a partnership with LinkedIn that ended up being revoked.
About a year ago, LinkedIn changed their policy and made it much harder to qualify for API access. I had built some nice features that allowed users to simply import their LinkedIn profile and their resume would be created based on that information.
The integration was so deeply embedded in my code that it took about a week to undo. (Pro tip: don't do that!)
I expect this is common with indie hackers, but as I've mentioned, my mindset has been the biggest challenge. It's great to be able to code, especially when you build and run internet companies. But since I spend most of my time marketing and managing the sites, it's crucial that I focus on developing the business side of things.
Brennan Dunn, Justin Jackson, and Nathan Barry.
They've all spent a lot of time learning valuable lessons in this space and documenting their findings. So follow them and read what they've got to say. You won't be disappointed.
You can check out Resume Beacon at www.ResumeBeacon.com.
You can also follow me on Twitter @pauldessert and learn more about me at my website PaulDessert.com
I'm happy to answer any questions in the comments below!
How does this compare to Resume Genius?
Resume building seems crowded space, how did you find the competition and why did you do differently? Do you think simplicity was enough?
Hi Paul, site looks great. I like your insight about Reddit, I haven't heard that one before. It does make a lot of sense. I'm someone who is more comfortable building things and just now trying to figure out the marketing side. Do you do any paid advertising, Google, Facebook, etc?
Thanks! Glad it helped. Yes, I've tried Adwords, Reddit ads and FB ads. My customer acquisition costs are too high to make those channels work. I'm still experimenting and would love to use them, but as of today, they have not worked out.
Yes, my experience is the same. I keep thinking I'm not doing it right.
Loved your advice on pricing and marketing Paul! Thanks for sharing your experience.
Can you provide some more context and details about marketing on Reddit? What did you mean by: "The key is to NOT market directly to Reddit users. If you gain enough attention in the community, you'll attract other media outlets."
Thanks for the kind words!
What I mean is, think of it as a way to gain attention, not direct ROI. Writers and bloggers are all over Reddit. They are looking for new and interesting things to cover. Most people write off Reddit because the users don't provide a direct ROI and they miss out on the possible media coverage it could bring.
Thanks for the extra context. That makes sense. Suppose it's sort of like how tech writers follow Product Hunt to find new products to write about.
Exactly. It doesn't always pay off, but when you're limited on $$, it's a great strategy.
Hey Paul, how do you manage your time between your different ventures? Weighted by revenue or by potential?
It's tough! I'll be the first to admit that. To make it more manageable, I create stuff that is as automated as possible. Once the heavy listing is done, I focus on marketing. I can promote multiple projects at once and keep my sanity. I would not recommend this approach to people that are trying to build a large B2B SaaS application.
Thanks Courtland! I'm happy to be on IH again!