Nureply
What they Do Best
AI-driven cold email software solution.
Main Industry
Sales
Platform
Independent/Standalone
Type of Product
Desktop/Web App
Target
B2B
Price Range
$99 - $199
Business Model
Subscription
Free Plan
Free Plan
Pricing Details
Three pricing tiers: $69/month for core features, $154/month for core features + AI integrations, and a $30K lifetime offer for Fortune 500 companies
Revenue Estimates
$48,000
Monthly Website Traffic
21,259
Revenue Per Traffic
$0.19
Idea to Money
$4K MRR in 4 months
Founders
1
Employees
0
Year Started
2022
Dedication
Started collecting emails for prospective customers pre-launch and had 20 paying customers before going live
Market Insights / Trends
ai email marketing
Industry Incumbent
Hubspot ($1.7B/year)
How They Came Up With The Idea
Wanted to find alternative solutions to finding customers. And did not want to only use paid advertising or cold outreach on LinkedIn.
Learned about email marketing and started exploring how to use it to attract customers.
After realizing he was writing the same outreach nearly every day, he wondered if he could build an AI-based tool for emails.
With a background in Machine Learning (ML), AI topics, and a working knowledge of GPT-3/OpenAI, he started developing an AI-based email marketing tool.
How They Built The First Version
He created a very basic landing page to collect emails for launch
Sent email outreach to 100s of potential customers before creating an AI-powered model to help with more personalized outreach
Hired 5 virtual assistants to collect data about potential customers and write more human-like email sequences.
He then used all this data and writing, fed it into a custom AI model, and created the first iteration of NuReply – all within 35 days.
Growth Channels
Started to collect emails on Facebook Groups, Twitter, and by reaching out to Email Marketing Agencies.
Collected 750 emails in the first 30 days from prospective customers. 30 of the 750 prospects responded to test his product And 20 of the 30 testers became paying users (all before fully going ‘live’).
Main Growth Channel
Email List
Facebook
Tech Stack
- OpenAI
Tools
- Upwork
- Buttondown (for email campaigns)
- Stripe
Full Case Study
How This AI Email Marketing Tool Reached $4K/Month In Just 4 Months