In this podcast, Sanjay Ghare, CEO of Vervotech, dives into the world of vertical SaaS. He discusses the challenges and rewards of building a SaaS product focused on solving a specific problem within a particular industry.
Here are some key takeaways you might have heard:
Deep industry knowledge is key: Ghare emphasizes understanding the specific needs and pain points of your target vertical.
Focus trumps features: Don't try to be everything to everyone. Building a solution that excels at solving a core problem is more valuable than having a featurerich product with a scattered focus.
The right niche size: There's a sweet spot regarding niche market size. You need enough potential customers to make the business viable, but not so many that you lose the advantage of deep industry understanding.
I hope this helps you recall the key points from the podcast!